and now it's konica/minolta that vanish...

Discussion in 'Minolta' started by Noons, Jan 20, 2006.

  1. Noons

    Noons Guest

    Darn! That's both digital and film! Gone to Sony.
    Pretty soon there's gonna be only Pentax, Canon and Nikon left. But we
    haven't got to the end of January yet...
    Noons, Jan 20, 2006
    1. Advertisements

  2. Noons

    Michael Guest

    have you got a link to this ... i never heard about it, thats not good. :(
    Michael, Jan 20, 2006
    1. Advertisements

  3. Noons

    k Guest

    | Noons wrote:
    | > Darn! That's both digital and film! Gone to Sony.
    | > Pretty soon there's gonna be only Pentax, Canon and Nikon left. But we
    | > haven't got to the end of January yet...
    | >
    | have you got a link to this ... i never heard about it, thats not good. :(

    "Konica Minolta Holdings will withdraw from the camera and film businesses,
    marking the end to one of the best known brands in the photography world.

    As part of the surprise move, the Tokyo-based company said Thursday it will
    sell a portion of its digital single lens reflex (SLR) camera assets to Sony
    for an undisclosed sum and cease production of compact cameras by March of
    this year.

    The company said it will stop making photographic film and color paper by
    March 2007, pulling out of a market in rapid decline due to the spread of
    digital cameras, which store images digitally.

    The world's third-largest maker of camera film after Eastman Kodak and Fuji
    Photo Film had said in November that it would significantly downsize its
    loss-making camera and film operations, but not completely shut them down.

    "I wanted to put a clear end to the matter," Konica Minolta President Fumio
    Iwai said at a press conference, where the company also announced that Iwai
    would be replaced by Vice President Yoshikatsu Ota on April 1.

    Konica Minolta said in November it expected to post a group net loss of
    $407.9 million (47 billion yen) in the fiscal year that ends in March.

    But the decision to completely pull the plug on the business caught analysts
    and archrival Fuji Photo off guard.

    Konica Minolta, created in August 2003 through the merger of Konica and
    Minolta, has a long history in the camera and film markets, producing
    Japan's first photographic paper in 1903 and the country's first color film
    in 1940.

    Following the news, Fuji Photo issued a press release saying it will
    continue making traditional camera film.

    JP Morgan analyst Hisashi Moriyama called Konica Minolta's move a "positive
    surprise.I was also not expecting Iwai to step down. This is a bold move
    rare among Japanese firms." He added that the decision could increase
    pressure on Fuji to downsize its business.

    "I think the stock will go up. The traditional camera and film businesses
    were seen as a barrier to earnings growth and now it will be completely

    By ditching the unprofitable operations, Iwai said the company could focus
    resources on more promising areas such as color office copiers and LCD
    materials, medical equipment and optical devices.

    Sony and Konica Minolta formed an agreement in July to jointly develop
    digital SLR cameras, which are generally more expensive and offer better
    performance than point-and-shoot compact models, and typically use
    interchangeable lenses.

    Konica Minolta said it will continue to produce digital SLR camera bodies
    and lenses for Sony based on its Maxxum/Dynax mount system, meaning that
    current owners of those lenses will be able to use them on new digital SLR
    models to be developed by Sony.

    But the Konica Minolta brand will disappear, ending a legacy that started
    when Konica introduced its first camera in 1903"
    k, Jan 20, 2006
  4. Noons

    Jeff R Guest

    On this topic - does anyone know when Miranda will be releasing their dSLR?
    Jeff R, Jan 21, 2006
  5. Noons Guest

    I hope they make a drop-in digital module for my TM Sensormat! :)
, Jan 21, 2006
  6. Noons

    Jeff R Guest

    Jeff R, Jan 21, 2006
  7. Noons

    Dogfart Guest

    Shame out of film business. IMHO best film at ASA200 for portraits.
    Dogfart, Jan 21, 2006
  8. Noons

    kosh Guest

    maybe it would suit the bellows I have!

    kosh, Jan 21, 2006
  9. Noons

    NikonF4 Guest

    About the same time Alpa do
    NikonF4, Jan 21, 2006
  10. Noons

    Noons Guest

    and their digital stuff also goes. To Sony, of course, but
    nevertheless it's over for Minolta. Bugger!
    Noons, Jan 21, 2006
  11. Noons

    Jasen Guest

    No, not as you think. Sony will be sticking to the KM mount and producing
    DSLRs using the KM research and design team, so the look and functionality
    should follow through. KM owners needn't fear being able to add to their
    system as I see it. Sony wouldn't take it on if they thought it was a
    complete waste of time. With the marketing skills of Sony and their
    resources they should do ok.
    I've got a 7D and it's a beautiful piece of technology even if it is only
    Jasen, Jan 21, 2006
  12. Noons

    Rob Guest

    Liked the 1600 asa - ever played golf?
    Rob, Jan 22, 2006
  13. Noons Guest


    But what does this means for the other DSLR manufacturers who depend on Sony
    for their sensors?

    Will Sony keep the supply open, or will they put pressure on the other
    manufactures with the hope of increasing their own DSLR sales?
, Jan 22, 2006
  14. Noons

    Jasen Guest

    Don't know.....athough I know what I'd do. Put out my own DSLR with the
    biggest chip or newest you-beauty features first before all the others.
    That is what I think they might try. That will be the leverage they need?
    Jasen, Jan 22, 2006
  15. Noons

    kosh Guest

    were talking about Sony here right?!?

    The company with chips in their batteries the camera checks is authentic
    before powering up!

    The company installing hidden and almost unremovalble copyright
    protection software onto computers who play their disk... basically
    without their knowledge and opening their computer to hacker attacks?!?

    the company that just about had to be forced to allow their music on
    i-tunes... and has burried it's head in the sand when it comes to
    digital audio devices... unless it's theirs of course!?!

    The company who's own sensors sparked huge problems for other
    manufacturers who bought their sensors..... but was the last to adivse
    the public of a problem!?!

    yeah I'm sure they going to be completely open and willing to share
    their latest technology! ... but hey!.... it's a SOny!

    kosh, Jan 22, 2006
  16. Noons

    Jasen Guest

    I might be a bit wary, but hopeful that they will do the right thing in the
    photographic world at least for their own customers....time will tell.
    Jasen, Jan 22, 2006
  17. Noons

    Keith Holley Guest

    Just like Car makers taken over and disappear. That is the trouble with
    photgraphic world it is changing and new player are moving in on the
    traditional players. Konica Minolta made damm fine film camera but
    struggle in the new ditigal world like many of the traditional players. It
    is not to Sony advantage trying to support a DSLR for a couple of reasons
    1. They are not a recognizise maker of DSLR camera bascily you may get in
    the future a rebadged Konica Minolta.
    2. DSLR is not Sony place in the Ditigal Camera market sure they will try
    but as many of you know it is very selective market with Canon and Nikon
    There is very little return for other makers this is the reason why
    Kodak got out selling DSLR and returned to making and selling the costumer
    style ditigal camera. Fuji is in the same boat as they are no longer a
    dominate player as they where with films and paper remember the film war
    with Kodak both are now struggling. For the future I hope that Sony
    (Konica Minolta), Canon, Nikon and Pentax get together an work out a
    standard lens mount that is suitable for all.

    As for Mini Labs in Australia are not effected because the Noritsu mini
    labs are looked after by Kodak(Australia).

    * *
    "There was method in his madness"
    * J.D.Boatwood

    avast! Antivirus: Outbound message clean.
    Virus Database (VPS): 0604-2, 25/01/2006
    Tested on: 26/01/2006 11:19:22 AM
    avast! - copyright (c) 1988-2005 ALWIL Software.
    Keith Holley, Jan 26, 2006
  18. Noons

    Jasen Guest

    Who cares where the camera comes from, a hell of a lot of DSLRs use Sony
    CCDs!! They have plenty of experience in cameras in general and the KM
    design team is working on the new cameras.

    Doubt it. A standard mount will never happen so long as there are
    Jasen, Jan 26, 2006
    1. Advertisements

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments (here). After that, you can post your question and our members will help you out.