Panasonic financial report 2016: 4K is driving sales up!

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Panasonic published the 2016 financial report and the forecast for 2017. Alld ata can be found here: panasonic.com/global/corporate/ir/release.html

The whole company:
OP increased by 33.8 bil. yen y-y to 415.7 bil. yen, net incomeattributable to Panasonic Corporation increased by 13.8 bil. yen y-y to 193.3 bil. yen, where both figures exceeded their forecasts.

AVC Networks results (which also includes the digital camera and lens business):
Sales went up 1% and operating income went up 22%. There is no detailed info about the sole digital camera business.

Forecast for the AVC segment:
Sales are expected to increase with high quality imaging and high value added products mainly in 4Kproducts, such as projectors, digital cameras, broadcasting cameras and surveillance cameras

a bit of everything…

Mike (video on top):My feature documentary is currently on the film festival circuit, would love to pitch it to you for feature on your blog for “a bit of everything” or otherwise. www.southbureauhomicide.com Trailer: https://vimeo.com/137415295
I bring it up because it was shot 99% with my two Panasonic Gh3 bodies. There are a several shots in the film from GoPro car mounts, but the Gh3 did everything else, either with the 12-35 2.8 or the 35-100 2.8.

£150 Amazon Credit and £100 Cashback on the GX8 at Amazon UK.
Olympus Europe launched a new summer special bonus. All details can be read here: bonus.olympus.eu.
Predict the E-M1 II price (Dpreview Forum).
The Olympus 40-150mm PRo lens patent (Freepatentsonline).
Lumix zs100 images from vietnam by william innes (LumixLounge).

a bit of everything…


New TRIOPLAN “Soap Bubble Bokeh”‘ F2,8 100MM Review (Note: available as MFT mount option too).

£150 Amazon Credit and £100 Cashback on the GX8 at Amazon UK.
Olympus Europe launched a new summer special bonus. All details can be read here: bonus.olympus.eu.
Rokinon 100mm f/2.8 Macro review (Steve Digicams).
300mm F4.0 IS PRO LENS revew by Jet Daisuke.
Olympus Ambassador & Fashionfotograf Brendan De Clercq zur Pen-F (Digitech).
first look at the lensbaby twist 60 (Diyphotography).

Olympus posts full financial report: +5% mirrorless sales in 2016.

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Olympus posted both the full year financial results and the last quarter results. You can download all reports at olympus-global.com/en/ir/data/brief/2016/index.jsp

Imaging Business status:
During fiscal year 2016 Olympus had a -1% net sales mainly due the compact camera sales dropping. The Mirrorless system camera sales had a 5% increase. Olympus writes:

In the mirrorless interchangeable-lens camera field, the OM-D series and “OLYMPUS PEN-F,” etc. increased sales, with sales also boosted by a contribution from the high performance interchangeable lenses “M.ZUIKO DIGITAL PRO” series with additions of new models bringing the lineup to five models. Meanwhile, in the compact camera field, the Company continued to limit the number of units sold in response to market shrinkage. Consequently, sales in the Imaging Systems Business overall decreased year on year.

Forecast for the Imaging Business:
Olympus writes that the goal for fiscal year 2017 is “Breakeven to be achieved by reducing SG&A expenses to level matching business scale. Reduce expenses to level matched to scale of sales by stepping up coordination with functional axis.

Olympus corporation:
The company as a whole is doing very well and reports a “Record-breaking net income of ¥62.6 billion”

a bit of everything…


Why I Love and Hate The Olympus 12-40mm F2.8 Pro, Long Term Review

£150 Amazon Credit and £100 Cashback on the GX8 at Amazon UK.
Olympus Europe launched a new summer special bonus. All details can be read here: bonus.olympus.eu.
My 1st day with the new Olympus 300mm F/4 Pro Lens. It’s a Beauty. (Steve Huff).
Is Sony 24-70 F4 REALLY less sharp than Panasonic 12-35 f2.8 ?? (The Hunter Report).
The SpiderLight Hand Strap is NOW LIVE on Kickstarter!

a bit of everything…


Thoughts on NABShow 2016

Olympus PEN-F Vs Panasonic Lumix GX8 Video Comparison (ePhotozine).
Field Testing the Olympus PEN-F on the Mississippi Blues Trail (Resourcemag).
Panasonic State-of-the-Art Technology Meets Kabuki in Las Vegas (Photoxels).
New Sennheiser MKE 440 Compact Stereo Shotgun Microphone at BHphoto.
£150 Amazon Credit and £100 Cashback on the GX8 at Amazon UK.
Olympus Europe launched a new summer special bonus. All details can be read here: bonus.olympus.eu.