Latest Financials released for Ricoh...Not good


1stEverPentax

Link Posted 02/02/2018 - 23:02
Figures for 9 months just gone...overall profit margins down substantially from 12 months previously...this despite a major cost cutting exercise.

Smart Vision operating division which includes both Pentax and Ricoh cameras (and lenses too ?) performed very poorly...overall sales down from 128M to 95.5M.

Can't say i'm at all surprised but very sad nonetheless.

This year will probably decide the future of the camera division one way or the other.

Figures on Pentaxrumors just below the K3II news.

JAK

Link Posted 03/02/2018 - 00:19
1stEverPentax wrote:
Smart Vision operating division which includes both Pentax and Ricoh cameras (and lenses too ?) performed very poorly...overall sales down from 128M to 95.5M.

Two years figures cannot be looked at in isolation. That 128M figure the previous year could have been exceptionally high, which it might have been given better than expected K-1 sales when it was new. There hasn't been much (anything?) new to tempt the market lately so the drop isn't that great given that.
As you suggest, maybe something new is imminent.
John K

ilovesaabs

Link Posted 04/02/2018 - 20:32
95M doesn't sound much in a global sense, when you factor in sales of K-1 and DFA glass which has been coming on stream....

Pentax has been doomed since the days of my most recent acquisition (P50)...I think these numbers just reflect the trend by the whole industry to be honest.
AKA Welshwizard/PWynneJ
Assorted Pentax/Nikon/Mamiya stuff

Algernon

Link Posted 05/02/2018 - 08:04
Looks like price increases are the way to go
Half Man... Half Pentax ... Half Cucumber

Pentax K-1 + K-5 and some other stuff

Algi

Kevriano

Link Posted 06/02/2018 - 14:35
It's still a 95million profit
K3, K3 II, DA 150-450, 100MM 2.8 Macro, Sigma 10-20 3.5, Sigma 17-50 2.8

pschlute

Link Posted 06/02/2018 - 15:05
Kevriano wrote:
It's still a 95million profit

Ricoh wish that were the case I am sure, but that figure is sales , not profit.
Peter



My Flickr page

stu62

Link Posted 06/02/2018 - 15:37
best thing to do is look at the profits off canon and nikon oh what a suprise they are down as well
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