Friday, May 11, 2007

Forbes Reports that Pentax Profits Have Quadrupled Thanks To K100D and K10D

This week there's going to be a lot of speculation about Pentax's future role in the camera world, but context is everything. Pentax's camera division have been doing very well, and the fact that there are blogs about Pentax is just a little testimony that they have a lot loyal users and happy customers, and this year has been particularly eventful. Which is why it plucked up my ears when I read the following this morning.

From Forbes.com: "Pentax Corp's net profit more than quadrupled in the fiscal year ended March, buoyed by sales of its high-end digital cameras, the company said...

Pentax senior executive officer in charge of finance and general accounting Shinichiro Mitsuhashi told a press conference: 'Sales of our SLR digital cameras expanded 2.5-fold to reach 300,000 units in the past fiscal year, as our new models, such as the K100D, were positively accepted by consumers at home and abroad.'

He added: 'In line with enlarged sales of high-end digital cameras and an increase in sales of interchangeable lenses and accessories, we saw a major turnaround in the performance of the imaging system division.'

The company's imaging system division logged operating profit of 3.1 bln yen in the last fiscal year, having made an operating loss of 1.2 bln yen the year before."


Link: Forbes Market Report on Pentax, May 11, 2007

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