Overall, it is not such a gloomy report. Fujifilm came out as one of the least affected among the major major Japanese companies from the tsunami/nukepoof incident, and the Thailand floods. Digital imaging is up 7%, everything else is more or less down but we'll leave that to the analysts and shareholders.
"In electronic imaging business, sales of mid-ranged and high-end distinctive products were strong, including FUJIFILM X100 and FinePix F600EXR, resulting in an increase in revenue. The FUJIFILM X100, a high-end compact digital camera, especially showed considerable salesbeyond the Companys expectations and reached the annual sales target for the first year of 0.1 million units in nine months. In addition, sales of FUJIFILM X10, released in October 2011 as a second model of theX series, are showing a positive start. Despite the overall decline in digital camera demand from the previous year, sales volume increased by approximately 7%, reaching 9.5 million units. The sales volume target for this year will be set at 13 million units, up 16%from the previous year."
Mother nature really took its toll last year, both on human lives and corporate balance sheets. What's amazing when it comes to the sheets, is that Nikon loses a very small amount compared to other megacorps in the imaging world like Sony, Panasonic et al. If you remember, Nikon was one of the most-if not THE most affected company with the majority of its plants under water in both Japan and Thailand during a good bit of 2011.
Nikon accountants predict good things for 2012 however, provided the apocalyptic events slated for 2012 do not show up.
Is Kodak aware that people are writing eulogies left and right? Is the company even aware of its death? No, not really, according to them they are 'restructuring' and 'focusing on core strategies' and 'enforcing the transformation to an all digital company' and stuff like that. Kodak, welcome to the purgatory, Agfa and Polaroid will be your guides.
Mr Yamaki founded Sigma (株式会社シグマ Kabushiki Gaisha Shiguma) when he was a student (optical engineer) and just 28 years old. Being just a mount converter maker at the beginning, Sigma evolved to be the biggest independent lens manufacturer in the world. During all those years he remained at the helm of his company. Mr.Yamaki made the headlines last year, when he received three prestigious awards: ‘Person of the Year’ from The PhotoImaging Manufacturers & Distributors Association and the “Hall of Fame” award from the United Nations, and The Golden Photokina Pin, the most prestigious award Photokina bestows. R.I.P