The CP+ show has been canceled!

The CP+ organization announced it has canceled the vent due the COVID risk. Online events will still take place.Here is the press text:

CP + 2022 Pacifico Yokohama Venue Event Cancellation

The Camera & Imaging Products Association (CIPA: Chairman Shigeki Ishizuka), a CP that was scheduled to be held for four days from February 24th.+2022 Pacifico Yokohama Venue Event has been canceled and it has been decided to hold it online alone.

CP+2022 is an event to be held in the Corona disaster, with “safety and security of visitors and exhibitors” as the most important matter, and on the premise of taking thorough safety measures, we aimed to hold a hybrid between the Pacifico Yokohama venue and online. We have been preparing.
However, due to the rapid expansion of Omicron strains since the beginning of the year, the number of infected people and close contacts is increasing rapidly, and the supply of antigen test kits is tight, which is hindering safe event management. In addition, looking at the current infection situation, it is unlikely that the number of infected people will decrease significantly by the end of February, and it will be unlikely that the event will be held safely and securely. The psychological anxiety of the people is in a situation where they cannot be wiped out.
As the organizer, I have always kept an eye on the corona infection situation and took all possible measures, but I give top priority to the safety and security of visitors, exhibitor staff, and all other people involved in the event. As a result, CP in this situation+We decided that 2022 should not be held in real time, so we decided to cancel the Pacifico Yokohama venue event and hold it online alone.

We sincerely apologize for the inconvenience caused to many customers who have been looking forward to the event at Pacifico Yokohama for the first time in three years, but we appreciate your understanding.
We also sincerely apologize for the announcement of the cancellation just before the event.

You can continue to enjoy online events with your registered ID and password.
We look forward to your participation in the online event.

February 7, 2022 Camera & Imaging Products Association (CIPA)
Contact: CP+2022 Secretariat Email: info@cpplus.jp

Online event will be held as scheduled

Nikkei: Panasonic’s Q3 profit slides as material costs rise and appliance sales fall

Nikkei reports:

Japan’s Panasonic Corp on Wednesday posted a larger-than-expected 44% slide in third-quarter operating profit, hit hard by rising costs for raw materials, component shortages and a drop in domestic sales for appliances.
Panasonic has sought to reduce its reliance on low-margin consumer electronics and appliances, shifting its focus to automotive batteries for Tesla Inc, production machinery, components and more recently supply chain management services.

Panasonic did not share any detail about their camera business results. This now falls into the more general “consumer and home appliances” category. And about that it’s said:

The industrial conglomerate said the profit margin at the division which houses its consumer and home appliances businesses was squeezed by rises in the cost of iron, copper and other materials.

Pity we have no clue to know how the Lumix business is doing…

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