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Nikon restructuring
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PostPosted: Wed Nov 08, 2017 8:13 am    Post subject: Nikon restructuring Reply with quote

that's strange news

https://www.digitaltrends.com/photography/nikon-store-in-brazil-closes/


PostPosted: Wed Nov 08, 2017 10:11 pm    Post subject: Reply with quote

and they close a plant in China either, in Wuxi where they mainly produced compact and bridge cameras.

https://www.lesnumeriques.com/photo/nikon-ferme-son-usine-chinoise-etape-1-profonde-restructuration-n67843.html

http://www.nikon.com/news/2017/1030_01_e.pdf


Nikon report 2017 :
http://www.nikon.com/about/ir/ir_library/ar/pdf/nr2017/17nikonreport_e.pdf

They apologise for the last 10 years and say that they have to prepare the future for the 100 years to come.
Their new vision will be "Transforming into a Nikon Group That Changes Society with Light" by creation of new value with technologies accumulated over the course of 100 years.


PostPosted: Thu Nov 09, 2017 12:32 am    Post subject: Reply with quote

The New World Order after all the trade agreement talk makes for strange symptoms at first. Nikon moves merely reflect the new order imho.


PostPosted: Thu Nov 09, 2017 8:40 am    Post subject: Reply with quote

Nikon did not have fantastic business results lately, so it is no surprise that some major changes are implemented. Companies often re-structure in similar situations, and often, closing local branches or production plants comes with this process.

I think this here rather reflects the strategy Nikon sees necessary to get competitive again, and not NWO-theories.


PostPosted: Thu Nov 09, 2017 8:49 am    Post subject: Reply with quote

what is strangest to me that 200 million people Brazil is too small a market for them?


PostPosted: Thu Nov 09, 2017 9:11 am    Post subject: Reply with quote

Yes, strange to close a big market.
Instead they would better try to find ways to make it profitable.


PostPosted: Thu Nov 09, 2017 11:23 am    Post subject: Reply with quote

Possibly, they have no (cost-efficient) short-term possibilities to make the Brazil-branch profitable again in its current form. Or no cash available to pump into the BR-operations?

If we look e.g. at automotive, in the eighties, Renault ended US-activities, but not because it is a small market. Most US-car manufacturers had by that time already given up on the European market, again not because the market was deemed too small. My point being, the size of the (potential) market is not the only consideration a company needs to make.

Furthermore, for multinationals, it can be very challenging to keep operating branches in places with high figures of corruption, while at the same time complying with e.g. US and European anti-corruption legislation. E.g. the company where I work needed a lot of planning and auditing before even being able to open an office in Turkmenistan (ranked 154 out of 176 countries in the corruption index), or to keep operations in Syria (# 173 on said list)