Thailand Flood Disrupting Nikon DSLR Production

A Bloomberg Businessweek article discusses the effect of the flooding on Nikon's ability to deliver DSLR cameras.

"Nikon’s inventory of SLR cameras will probably last for about a month and the effect on earnings would be negligible should the company resume the plant’s operation within a month, Hisashi Moriyama, a JPMorgan analyst in Tokyo, said in a report dated yesterday."

"Suspensions lasting two months could cut Nikon’s revenue by 30 billion yen and operating profit by 5 billion yen to 10 billion yen, he said."

Not mentioned was the disruption to Canon production. At this point, I'm only aware that Canon's inkjet production has been affected.

Posted: 10/12/2011 5:56:19 PM ET   Posted By: Bryan
Posted to: Nikon News    
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