Thursday 7 November 2013

Nikon drops sales forecast as high-end camera market stalls




TOKYO |
Thu Nov 7, 2013 2:00am EST



TOKYO Nov 7 (Reuters) – Nikon Corp cut its

full-year section sales foresee for high-end cameras for the

second entertain in a quarrel on Thursday, as a thespian tumble in

demand among photography hobbyists that began final year

accelerated faster than expected.




The association posted a 41 percent dump in handling distinction to

21.9 billion yen ($222 million) for a 6 months ended

September, observant abroad direct for pricy single-lens reflex

models had remained depressed.



It cut a section sales projection for transmutable lens

cameras to 6.20 million from a prior foresee of 6.55

million, that had likely a initial tumble in sales of the

format given Nikon’s initial digital SLR in 1999.



A pointy downturn in a single-lens automatic camera market

this year has come as a blow to companies such as Nikon and

market personality Canon Inc, after a shrivelling of the

compact camera marketplace as consumers switched to smartphones for

taking photos. Nikon’s imaging unit’s handling distinction slid 26

percent in a initial half to 30.9 billion yen.



Nikon also cut a sales foresee for steppers,

multi-million dollar lithography machines that are a critical part

of a semiconductor production process, to 36 from an

earlier foresee of 37 machines, observant it had felt a impact

of a dump in capex among chipmakers. Operating distinction in its

precision instruments section fell 48.2 percent to 3.7 billion yen.



The Japanese organisation now claims reduction than a fifth of the

market, down from reduction than 40 percent a decade ago, as Dutch

rival ASML Holdings NV has gained a share of over 80

percent.



($1 = 98.6500 Japanese yen)


(Reporting by Sophie Knight; Editing by Stephen Coates)



Article source: http://www.thisisbath.co.uk/BA1-Records-hold-special-charity-concert/story-15245603-detail/story.html




Nikon drops sales forecast as high-end camera market stalls

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