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Panasonic is in “crisis situation”, the company is considering transferring or withdrawing from businesses with low growth potential
Asahi reports that Panasonic has not achieved its medium-term strategy goals and President Kusumi calls it a “crisis situation”:
Panasonic Holdings (HD) has revealed that it expects to fail to achieve two of the three targets set in its three-year mid-term strategy ending in fiscal 2024. President Yuki Kusumi acknowledged that the situation is “critical, as we are not meeting expectations.”
Furthermore, the company announced that it will take drastic measures to eliminate “challenging businesses” with poor growth potential by fiscal 2026, with consideration given to business transfers and withdrawals. While he did not reveal the specific names of “challenging businesses,” he cited home appliances, televisions, and some air conditioning businesses as examples of “challenging” businesses.
Dclife writes further:
There have been reports in the past that Panasonic’s camera business will be at a critical juncture in 2022 (see PR post here), so we can only hope that the camera business will not be affected in the future.
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Leica announced a new D-Lux 8 camera with 21MP 4/3“ CMOS sensor (17MP effective)
Leica announced a new D-Lux 8 camera with a 21MP 4/3“ CMOS sensor (17MP effective)
- Pre-orders: Adorama | B&H | Park Cameras
- Additional information
- Press release
- Specifications:
Posted in Leica 3 Comments
Panasonic announced a new real-time LUT feature and a new LUMIX Lab app
With the new S9 camera, Panasonic also announced a new real-time LUT feature and a new LUMIX Lab app:
Olympus 9mm f/8 fisheye body cap lens (BCL-0980) to be discontinued
The Olympus 9mm f/8 fisheye body cap lens (BCL-0980) has been discontinued in Japan (production completed). The lens cap is still available in the US: