Canon, Inc. has posted FY 2019 results: Results | Supplemental Data | Presentation Material
Here is some relavent information shared in these reports:
"Looking at the Imaging System Business Unit, sales of the new interchangeable-lens digital cameras for advanced amateur DSLRs enjoyed solid growth. Also, in the growing full-frame mirrorless camera market, Canon benefited from sales of new models launched in the second half of the previous year and the beginning of this year. However, the interchangeable-lens digital cameras market continued to shrink mainly for entrylevel models and overall unit sales decreased compared with the previous year."
"As for interchangeable-lens digital cameras, although demand for entry-level models is expected to continue to shrink, demand for mirrorless cameras is expected to remain firm, particularly for advanced amateur models, including models with full-frame sensors."
"... the price of memory devices has bottomed out"
"In Imaging System, sales and profit also declined. While we enhanced our lineup in order to recover the ground we lost by entering the mirrorless camera market late, our camera business was negatively impacted by market contraction and the intensely competitive environment."
"We expect sales of cameras, which face continued market contraction, and laser printers, which are being impacted by economic slowdown in China, to decline."
"In Imaging System, although we expect camera revenue to decline due to the impact of continuing market contraction, we will put a stop to the decline in profitability, by further enhancing our mirrorless lineup with an advanced feature full-frame model and lenses, and by accelerating review of our business structure."
"In 2019, the interchangeable-lens camera market shrank 15% to 8.8 million units, as sales of entry-level models, which are being impacted by smartphones, continued to contract. We were also impacted by this."
"In 2020, although we expect market contraction to continue at a similar rate and the market size to be around 7.5 million units, we also see stable demand for professional and advanced-amateur models. In order to maintain profitability, it is important for us to secure market share and improve our product mix further in this area."
"Although we have launched two full-frame mirrorless cameras as well as ten dedicated lenses, our lineup is still insufficient. In order to recover from our late entry into the mirrorless camera market, we have plans to launch a model that incorporates a newly developed image sensor and image-processing engine that offer even more advanced features. We will work to raise our presence in the mirrorless camera category, leveraging large trade exhibitions around the world. Even amid increasing competition, we will expand sales of higher-end models driven by new products and aim for top market share even in the mirrorless camera market."
"At the same time, we will expand our lineup of dedicated lenses launching several innovative ones that take advantage of the new mount that allows greater flexibility when designing lenses. We will accelerate sales by responding to user need to capture various images, expanding options by combining camera bodies and lenses."
"As for compact cameras, the market shrank 19% to 8.5 million units in 2019. We also posted a decline in unit sales that was in line with the market. In 2020, we expect the market to shrink 29% to 6.0 million units as major players have not launched any new popularly priced models. Although we expect our sales to continue to decline, we will work to improve profitability by focusing sales on high-margin G-series models."
Here is some relavent information shared in these reports:
"Looking at the Imaging System Business Unit, sales of the new interchangeable-lens digital cameras for advanced amateur DSLRs enjoyed solid growth. Also, in the growing full-frame mirrorless camera market, Canon benefited from sales of new models launched in the second half of the previous year and the beginning of this year. However, the interchangeable-lens digital cameras market continued to shrink mainly for entrylevel models and overall unit sales decreased compared with the previous year."
"As for interchangeable-lens digital cameras, although demand for entry-level models is expected to continue to shrink, demand for mirrorless cameras is expected to remain firm, particularly for advanced amateur models, including models with full-frame sensors."
"... the price of memory devices has bottomed out"
"In Imaging System, sales and profit also declined. While we enhanced our lineup in order to recover the ground we lost by entering the mirrorless camera market late, our camera business was negatively impacted by market contraction and the intensely competitive environment."
"We expect sales of cameras, which face continued market contraction, and laser printers, which are being impacted by economic slowdown in China, to decline."
"In Imaging System, although we expect camera revenue to decline due to the impact of continuing market contraction, we will put a stop to the decline in profitability, by further enhancing our mirrorless lineup with an advanced feature full-frame model and lenses, and by accelerating review of our business structure."
"In 2019, the interchangeable-lens camera market shrank 15% to 8.8 million units, as sales of entry-level models, which are being impacted by smartphones, continued to contract. We were also impacted by this."
"In 2020, although we expect market contraction to continue at a similar rate and the market size to be around 7.5 million units, we also see stable demand for professional and advanced-amateur models. In order to maintain profitability, it is important for us to secure market share and improve our product mix further in this area."
"Although we have launched two full-frame mirrorless cameras as well as ten dedicated lenses, our lineup is still insufficient. In order to recover from our late entry into the mirrorless camera market, we have plans to launch a model that incorporates a newly developed image sensor and image-processing engine that offer even more advanced features. We will work to raise our presence in the mirrorless camera category, leveraging large trade exhibitions around the world. Even amid increasing competition, we will expand sales of higher-end models driven by new products and aim for top market share even in the mirrorless camera market."
"At the same time, we will expand our lineup of dedicated lenses launching several innovative ones that take advantage of the new mount that allows greater flexibility when designing lenses. We will accelerate sales by responding to user need to capture various images, expanding options by combining camera bodies and lenses."
"As for compact cameras, the market shrank 19% to 8.5 million units in 2019. We also posted a decline in unit sales that was in line with the market. In 2020, we expect the market to shrink 29% to 6.0 million units as major players have not launched any new popularly priced models. Although we expect our sales to continue to decline, we will work to improve profitability by focusing sales on high-margin G-series models."
from Canon, Nikon, and Sony News, Deals and What's New at The-Digital-Picture.com https://ift.tt/2ROCNmI
via IFTTT
0 comments:
Post a Comment