World Photography Organisation ( WPO) has released the names of photographers short-listed in the Professional, Open and Youth categories of the 2013 Sony World Photography Awards (SWPA). India’s Danish Siddiqui has been  chosen among the top three finalists for the Professional Competition’s Arts & Culture category. In addition, Dilip Bhatia and Altaf Qadri from India … [Read more...]

Nikon Corp.’s precision equipment business is expected to post a rough 50% year-on- year gain in operating profit, to little more than 16 billion yen (US$180 million) for the fiscal year ending  March  2014. Nikon  is working  towards further shortening the production time for chip-steppers, having already cut it to six months this fiscal year. The company also intends to … [Read more...]

For the October-December quarter of fiscal 2012, Olympus recorded a net loss of 391 million  yen (US$4.3 M) against a 756 million  yen loss of the previous year. The balance sheet displayed improvement on a weaker yen, but sales continued to be weighed down by sliding sales of digital cameras. Operating profit dropped 22% to 6.57 billion yen (US$73 M), while revenue fell 26% … [Read more...]

Canon has stated that its net profit for the fourth quarter of 2012 fell fractionally from a year earlier, remaining at 61.2 billion yen (US$680 M), and also posted a 9.7% fall net profit for the full year to 224.6 billion yen (US$20.2 B). A forecast of 13.6% profit growth for 2013 to 255 billion yen was made because of the boost from the yen’s weakening. Canon posted sales … [Read more...]

Fujifilm Holdings Corp. said that its group operating profit will likely fall 2.6% on the year to 110 billion yen (US$1.222 billion), down 12% also from its previous forecast, on the total sales of 2.21 trillion yen (US$24.55 billion), almost similar to the previous forecast and the total sales in FY11. According  to the company, the overall demand for compact digital … [Read more...]