New Nikon 2023 financial report: “revenue grew on increased sales volumes of mirrorless cameras and interchangeable lenses”
Nikon published the financial report for the full fiscal year 2023. The company as a whole had a great year and that’s what they write about the Imaging Division:
In the Imaging Products Business, revenue grew on increased sales volumes of mirrorless cameras and interchangeable lenses.
Revenue: Up ¥52.6B YoY (Up ¥4.7B vs. previous forecast)
- DCIL market expanding mainly in China.
- Nikon’s new products (Z 8 and Z f) are selling well.
- Nikon advanced its shift to mirrorless cameras and interchangeable
lenses. - Revenue substantially grew YoY as sales volumes of mirrorless cameras and interchangeable lenses grew and ASP rose. The weaker yen also helped.
- Revenue beat the previous forecast due to changes in product mix and the weaker yen.
Operating Profit: Up ¥4.3B YoY
(Up ¥2.5B vs. previous forecast)
- Operating profit grew YoY as the effects of revenue growth outweighed increased parts procurement prices and sales promotion costs.
- Operating profit beat the previous forecast because of increased revenue.
And this is their forecast:
Revenue: Up ¥20.3B YoY
- The overall DCIL market remains stable. The mid/high-end model market is expected to expand.
- We continue to focus on mid/high-end models and expect sales volume and revenue to grow.
- We acquired US cinema camera manufacturer RED in April 2024.
- We aim to expand the fast-growing professional digital cinema market.
Operating Profit: Down ¥2.5B YoY
- Operating profit to decline on cost increases including RED acquisition-related expenses and R&D
RED CEO Oishi: “We are thinking of introducing a Z-mount RED camera in the future.”
Image by FDtimes
In an interview released by FDtimes the new RED Ceo Oishi he confirmed that in the future we will get Z-mount RED cameras:
We would like to introduce RED cameras with a Z Mount as one of the options in the future. It will be in addition to the RF mount currently offered, but it could take a couple of years.
Interestingly they do not plan to phase out the Canon mount:
We’re not going to take away people’s Canon mounts, because that would be unfair to the customer.
And yes, they are considering making Z-mount lenses too:
Our current Z lens series has been designed for higher resolution and precise image reproduction. In the future, we would like to take these different approaches into consideration for an additional cinema lens lineup if we have a chance. We do understand the market requirements.
Confirmed: Nikon Z6III to be announced within the next few weeks
One of my trusted sources saw the camera and confirmed it’s coming soon!
Still no reliable specs tough…all we have are those “Weibo” specs:
Pixels: 24.5 megapixels
Processor: EXPEED7
Stabilization: 7 stops
Shutter: 1/16,000 sec
AF: 299 points
Video: 12-bit N-RAW recording 6K/60p & 4K/120p
4K H.265 10-bit MOV video, ability to upsample 4K FX to 6K or 4K DX up to 120p.
Burst: Up to 40 frames per second in FX format, 120 frames per second in DX format.
Viewfinder: new high-resolution 5.76 megapixel viewfinder.
Card slot: Supports CFexpress Type B and SD UHS-II cards
Battery: EL-15″ battery
High-Resolution Pixel Shift Photography
Easy-to-use multi-angle LCD screen
Shutter angle fine adjustment options, distinction between project frame rate and shooting frame rate
Support for 2.4/5 GHz WiFi and Bluetooth LE connectivity
USB-C fast charging and HDMI Type-A connectivity
Look inherited from the Z 8, smaller than the Z 8
Micro-logo on top (same as Z 8 and Z 9)
PASM wheel”
Tamron says in 2024 they will launch a total of 7 new lenses..some of them likely to be Z-mount versions
Tamron Q1 financial report has been published. The operating Income increased significantly by approximately 1.7 times YoY with Significant record-high profits for the 1st quarter.
Tamron also stated that a total of 7 lenses will be launched in 2024. Two of them have been already announced:
I guess some of the five remaining lenses will be for Z-mount too!