{"id":145209,"date":"2021-01-25T23:00:06","date_gmt":"2021-01-25T23:00:06","guid":{"rendered":"https:\/\/other.kelsey.host\/amateurphotographer\/?p=145209"},"modified":"2021-01-25T23:01:50","modified_gmt":"2021-01-25T23:01:50","slug":"nikon-doubles-down-on-mirrorless-i-wasnt-looking-at-the-market-calmly-says-top-exec","status":"publish","type":"post","link":"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/nikon-doubles-down-on-mirrorless-i-wasnt-looking-at-the-market-calmly-says-top-exec\/","title":{"rendered":"Nikon doubles down on mirrorless: &#8220;I wasn&#8217;t looking at the market calmly&#8221; says top exec"},"content":{"rendered":"<p>Nikon has confirmed it is to concentrate its efforts on mirrorless cameras in a frank interview with a Japanese business magazine. The Toyo Keizai reports that for the financial year ending in March, Nikon is expected to post a loss of 75 billion yen (about \u00a3529 million) \u2013 a dizzying fall considering it posted a surplus of 6.7 billion yen in the previous fiscal year.<\/p>\n<p>The company\u2019s operating loss for the April to September 2020 period, meanwhile, fell to a defecit of 46.6 billion yen compared to a 17.5 billion yen surplus for the same period in 2019. While some of this is put down to the disruption caused by Covid 19, Nikon executive Hirotaka Ikegami also admitted in a separate interview that the company underestimated the appeal of mirrorless cameras, particularly at the serious amateur\/pro end of the market.<\/p>\n\t\t<div  class=\"c-caption aligncenter\" style=\"max-width: 589px\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"145210\" src=\"https:\/\/other.kelsey.host\/amateurphotographer\/wp-content\/uploads\/2021\/01\/hirotaka-ikegami-569x400.jpg\" alt=\"\" width=\"569\" height=\"400\" \/>\t\t\t<p class=\"c-caption__text\">Nikon&#8217;s Hirotaka Ikegami, boss of the camera\/video division<\/p>\n\t\t<\/div>\n\t\t\n<p>\u201cI wasn\u2019t looking at the market calmly and objectively,\u201d he says, in a translation from the Japanese. \u201cI was most concerned about how much the performance of the electronic viewfinder can be improved, and the number of shots [per battery charge] can be increased.\u201d<\/p>\n\t\t<div  class=\"c-caption aligncenter\" style=\"max-width: 620px\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"145211\" src=\"https:\/\/other.kelsey.host\/amateurphotographer\/wp-content\/uploads\/2021\/01\/nikon-z-7-II-600x400.jpg\" alt=\"\" width=\"600\" height=\"400\" \/>\t\t\t<p class=\"c-caption__text\">The well-received Z range is currently driving sales and helping hone strategy<\/p>\n\t\t<\/div>\n\t\t\n<p>While Nikon hesitated, wondering whether EVFs and fewer shots per charge would put off pros, Sony and Canon charged hard to acquire market share. But far from being a <em>mea culpa\/gomen nasai<\/em>, Ikegami is adamant that the success of the Z range is very encouraging; he states that investment is also priority, despite the punishing financial losses and imminent corporate restructuring.<\/p>\n<p>\u201cWe are not in a situation where we have to cut investment as part of cost reduction\u2026 For the time being, we will concentrate on mirrorless cameras.\u201d<\/p>\n<p>See the full interview <a href=\"http:\/\/bit.ly\/ikegamiinterview\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p><strong>Further reading<\/strong><br \/>\n<a href=\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/nikon-sales-steady-more-dx-lenses-for-z-series-coming-dslr-lens-supply-issues-144212\" target=\"_blank\" rel=\"noopener\">Nikon Europe interview<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite some rising red ink and a possibly overcautious approach in recent years, Nikon is bullish about the continued appeal of its mirrorless models<\/p>\n","protected":false},"author":7,"featured_media":145211,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[39],"tags":[],"product-category":[],"class_list":["post-145209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-photo-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nikon doubles down on mirrorless: &quot;I wasn&#039;t looking at the market calmly&quot; says top exec - Amateur Photographer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/nikon-doubles-down-on-mirrorless-i-wasnt-looking-at-the-market-calmly-says-top-exec\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nikon doubles down on mirrorless: &quot;I wasn&#039;t looking at the market calmly&quot; says top exec\" \/>\n<meta property=\"og:description\" content=\"Despite some rising red ink and a possibly overcautious approach in recent years, Nikon is bullish about the continued appeal of its mirrorless models\" \/>\n<meta property=\"og:url\" content=\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/nikon-doubles-down-on-mirrorless-i-wasnt-looking-at-the-market-calmly-says-top-exec\/\" \/>\n<meta property=\"og:site_name\" content=\"Amateur Photographer\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/Amateur.photographer.magazine\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-25T23:00:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-25T23:01:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/other.kelsey.host\/amateurphotographer\/wp-content\/uploads\/sites\/16\/2021\/01\/nikon-z-7-II.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2100\" \/>\n\t<meta property=\"og:image:height\" content=\"1400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Steve Jones\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AP_Magazine\" \/>\n<meta name=\"twitter:site\" content=\"@AP_Magazine\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Steve Jones\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/nikon-doubles-down-on-mirrorless-i-wasnt-looking-at-the-market-calmly-says-top-exec\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/nikon-doubles-down-on-mirrorless-i-wasnt-looking-at-the-market-calmly-says-top-exec\/\"},\"author\":{\"name\":\"Steve Jones\",\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/#\/schema\/person\/97055e11a17e073555cf1df246de195c\"},\"headline\":\"Nikon doubles down on mirrorless: &#8220;I wasn&#8217;t looking at the market calmly&#8221; 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