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Panasonic camera business restructuring ...


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#1 Klaus

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Posted 25 March 2017 - 10:44 PM

Hmmh ...

 

http://asia.nikkei.c...-profits-falter

 

 


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#2 Vitantonio Dell'Orto

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Posted 26 March 2017 - 08:42 AM

"Three other businesses units -- digital cameras, private branch exchange telephone systems and optical disk drives -- will be dismantled."

 

Oh boy... looks like making good products doesn't cut it anymore (see Samsung). Weird. And scary for what it means in a bigger picture.


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#3 Brightcolours

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Posted 26 March 2017 - 12:56 PM

It says that digital cameras will be put under the umbrella of other operations. Panasonic has lost a lot of market share in mirrorless cameras, the last 4 years. They only seem to be successful at the video market niche with the GH series?



#4 wim

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Posted 26 March 2017 - 02:46 PM

Actually, this really is about the compact cameras, and possibly too many (M)ILCs, plus the fact that Panansonic is a very big company, with a myriad of (electronic) products, and a quarterly outlook on share performance.

 

The trend has bene known for a while, that compact cameras are no longer viable considering that most people think their mobile phone cameras are good enough. That trend is clear even on Flickr:

https://www.flickr.com/cameras

 

Smart phones account for 98.4% of all cameras manufactured in 2016, and it may still increase. However, ILCs are not going to go away anytime soon, just that it will be used more by the hobbyists to pros, rather than everybody wanting or needing a camera.

 

Panasonic is not in trouble, it restructured quite drastically over the last 4 or 5 years, and continues doing so. Here is Panansonics annual report over 2016, for those fo you who are interested:

https://www.panasonic.com%2Fglobal%2Fcorporate%2Fir%2Fpdf%2Fpanasonic_ar2016_e.pdf

 

MFT certainly is not going to die soon, considering the investments made, and how well they are selling, especially the GH series for Panasonic - Panasonic is a major video camera manufacturer, and those fit in that segment nicely. And MFT is a format, for which in a relatively small number of years an incredible, extended set of cameras, lenses and accessories were designed and produced, just see the current list of lenses alone, those still being produced and available:

http://www.four-thir...roft/lense.html

 

In short, fear not, Panasonic will keep making MFT cameras and lenses, and if that is in a different division, like the video camera unit, does this really matter?

It is just a reaction to the current market realities, and that's all it is, if you'd ask me.

 

BTW, Olympus' camera division was in the black last year.

 

Kind regards, Wim


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#5 dave's clichés

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Posted 26 March 2017 - 04:26 PM

  Indeed a worrying sign of the times.

 

  Not so worrying though as what's going down at Fukushima!



#6 Klaus

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Posted 27 March 2017 - 06:26 AM

I don't think that the Panasonic MFT is a risk. As Wim mentioned they will probably just merge it with the video stuff.

Given the convergence of still and video - see e.g. the GH-5 - this makes sense anyway.

 

I could very well imagine that, eventually, Oly and Pana will consolidate their efforts in a joint venture. That would avoid some of the strategic errors that they made in the past (like releasing the same stuff twice).

 

During my last  vacation I was actually surprised how many people were still carrying around their system cameras so the segment is alive and kicking - just on a lower level.


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#7 wim

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Posted 27 March 2017 - 12:07 PM

  Indeed a worrying sign of the times.

 

  Not so worrying though as what's going down at Fukushima!

 

:D

 

That is just geological features playing up. Japan is an island arc (as is New Zealnd), and therefore very unstable.

 

From a geological POV island arcs are about the least stable "land masses" or island ranges that exist - they never exist for long, from a geological POV, without drastically changing, including earth quakes, etc. etc.

 

Kind regards, Wim



#8 dave's clichés

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Posted 27 March 2017 - 04:28 PM

  That is just geological features playing up.........Just?

 

 

  From a geological POV island arcs are about the least stable............

 

 Oh it's unstable alright......wowser!

 

  



#9 toni-a

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Posted 27 March 2017 - 04:58 PM

Maybe that's why they have floating stabilized airports.
Yes yes they are stabilized just like ships and stabilized lenses (the system is not for earthquakes obviously but I don't know how does it act with earthquakes shake though

#10 dave's clichés

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Posted 27 March 2017 - 05:34 PM

    Current levels are at 530 sieverts per hour just inside the entrance to the No. 2 reactor!



#11 JoJu

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Posted 27 March 2017 - 09:05 PM

Cosy. Nobody is freezing. At least not for long.



#12 Klaus

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Posted 27 March 2017 - 10:30 PM

    Current levels are at 530 sieverts per hour just inside the entrance to the No. 2 reactor!

 

Having grown up near a lignite mining desert and the corresponding massive air pollution from the nearby power plant, I prefer nuclear any time. How much area is uninhabitable in Fukushima? 100sqkm? That's nothing compared to the overall devastation caused by fossil fuels.

 

Anyway, the discussion has drifted a bit ...  :D


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#13 JoJu

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Posted 27 March 2017 - 10:47 PM

:ph34r: I don't want to snap pictures with a nuclear contaminated camera.  :lol:



#14 dave's clichés

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Posted 27 March 2017 - 11:08 PM

Having grown up near a lignite mining desert and the corresponding massive air pollution from the nearby power plant, I prefer nuclear any time. How much area is uninhabitable in Fukushima? 100sqkm? That's nothing compared to the overall devastation caused by fossil fuels.

 

Anyway, the discussion has drifted a bit ...  :D

 

  Errr....no not a 100 square kilometers....if only, if only!  It's leaching out into the Pacific......

 

    anyway I'll go away and be depressed about it on some other forum!   :wacko:



#15 Klaus

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Posted 27 March 2017 - 11:12 PM

:ph34r: I don't want to snap pictures with a nuclear contaminated camera.  :lol:

 

Don't be so sure about that ...  :P 

 

See also:

http://camerapedia.w...ioactive_lenses


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#16 Klaus

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Posted 27 March 2017 - 11:15 PM

  Errr....no not a 100 square kilometers....if only, if only!  It's leaching out into the Pacific......

 

    anyway I'll go away and be depressed about it on some other forum!   :wacko:

Fake news, of course ...

http://i.imgur.com/gjdGb2u.jpg
 


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#17 dave's clichés

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Posted 27 March 2017 - 11:17 PM

  Do you really want me to continue? :)

 

  I'm sure you don't !



#18 Klaus

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Posted 27 March 2017 - 11:29 PM

Nothing is as bad as climate change and nuclear did not contribute to this no matter what.

I'm sure we can play the argument game forever - you will not convince me nor vice versa. 

 

FWIW, I am not against switching off nuclear plants ... once the last fossil fuel power plant has left the grid.

 

But yes, this is the wrong place for a discussion anyway.  :D


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#19 dave's clichés

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Posted 27 March 2017 - 11:51 PM

  Your younger than I and after a lifetime of poison abuse (of the very best pleasurable kind) plus other, I'm in pretty good fettle, so I don't think radiation poisoning is going to carry me off, however you will have to take your chance after my passing!  :D

 

 But yes, fossil fuels have been abusing the planet for centuries and have lead to global warming as well as deforestation and the doubling (or more) of mankind since my birth no less, but the Fukushima disaster took only a "few hours" and we still haven't seen the outcome!

 

   You see you've started me off again......it's all your fault.. :P

 

 

Oh BTW. I've got 12 new lenses coming in the next few weeks!  For the moment there're a secret......



#20 Brightcolours

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Posted 29 March 2017 - 08:42 AM

The Digital Imaging business will move under the Panasonic Appliances Company.




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