Originally posted by Clicker The non imaging products parts of the company (precision equipment and instruments) represent 25% of revenue. Precision equipment has had a drastic decline in revenue and profitability, and instruments is recording an operating loss (increased over previous years' loss). Imaging products appears to be the only area of the company doing relatively well.
Some interesting comments in the imaging products section of the report:
- Market conditions began to deteriorate in late November 2012.
- Unfortunately, as market conditions worsened and retail prices fell, particularly affecting entry-model digital SLR cameras, we faced a serious decline in profitability. This has served as an important lesson for us.
- We expect the market for interchangeable lens-type digital cameras to continue expanding in the fiscal year ending March 2014, with particularly strong growth in non-reflex digital cameras.