Contraction of the Digital Camera Market
First written in FY2016. 12 of 34 entries say "Mitigated", first in FY2017-Q1. Latest entry: 2026-08-12.
Cluster Technology moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 5 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- 2026-08-12MaterialisedEarnings
「Shipments of interchangeable-lens digital cameras totaled approximately 3.13 million units in January–June 2026, down 4.6% year on year.」
For the digital camera market, which had previously shown both recovery and deceleration, actual results showed a decline in shipments of interchangeable-lens cameras. - FY2026ReframedAnnual report
「Growth in the total digital camera market is expected to slow to 1.6% year on year in 2026. Although fixed-lens cameras are expected to increase, interchangeable-lens cameras are expected to decline slightly year on year.」
While the market recovery in 2025 has been confirmed, the outlook has been updated to present both recovery and deceleration, with growth in the overall digital camera market expected to slow to 1.6% in 2026 and interchangeable-lens cameras expected to decline year on year. - FY2026-H1MitigatedAnnual report
「In the digital camera market, production of interchangeable-lens digital cameras reached approximately 4.9 million units in the 2025 January–September period, up 6.7% year on year, indicating strong performance. Mirrorless cameras accounted for approximately 89% of all interchangeable-lens digital cameras, with production reaching approximately 4.38 million units, up 12.3% year on year. At the Company, sales increased year on year, supported by strong sales of mirrorless and popular models.」
Production of interchangeable-lens digital cameras increased 6.7% year on year, while mirrorless camera production increased 12.3%, raising the mirrorless share to approximately 89%. Sales in the Company's imaging equipment segment also increased year on year, further easing the risk of market contraction. - FY2025MitigatedAnnual report
「In the digital camera market, total shipments of interchangeable-lens digital cameras reached approximately 6.6 million units in the 2024 January–December period, up 110.2% year on year, indicating strong performance. Mirrorless cameras accounted for approximately 85% of all interchangeable-lens digital cameras, with shipments reaching approximately 5.61 million units, up sharply by 116.1% year on year.」
Shipments of interchangeable-lens digital cameras and mirrorless cameras exceeded the previous year, and sales in the Company's imaging equipment segment also increased. The risk of contraction in the digital camera market has eased to some extent. - FY2025-H1RestatedAnnual report
「In the imaging equipment segment, mirrorless cameras, which account for approximately 80% by volume of the interchangeable-lens segment of the digital camera market, continued to perform steadily. At the Company, sales increased year on year, supported by strong sales of mirrorless and popular models.」
We maintain our view that mirrorless cameras, which account for approximately 80% by volume of the interchangeable-lens digital camera market, remain solid, and sales in the Company's imaging equipment segment also increased year on year. - FY2024MitigatedAnnual report
「In the imaging equipment field, shipments of interchangeable-lens cameras in the digital camera market totaled approximately 6 million units in 2023, or 101.2% of the previous year's level, while mirrorless cameras, which accounted for 81% of interchangeable-lens cameras, reached 118.6%. Although there were signs of sluggish shipment growth toward the end of the previous year, the Company's sales increased significantly year on year, supported by strong performance from mirrorless and popular models.」
Shipments of interchangeable-lens digital cameras were 101.2% of the previous year's level, while mirrorless cameras reached 118.6%, and the Company's sales in the imaging equipment field also increased significantly. Although signs of sluggish market growth remain, concerns through the previous quarter have been partially alleviated. - FY2024-Q3WorsenedAnnual report
「The interchangeable-lens camera market in the imaging equipment field has shown signs of sluggish growth after recovering since last spring, while the Company's sales increased year on year, supported by strong performance from mirrorless and popular models.」
The interchangeable-lens digital camera market showed signs of sluggish growth after the recovery trend through the previous quarter. Meanwhile, the Company's sales in the imaging equipment field increased year on year, supported by mirrorless and popular models. - FY2024-Q2MitigatedAnnual report
「The interchangeable-lens camera market in the imaging equipment field has strengthened its recovery trend, and the Company's sales also increased year on year, supported by strong performance from mirrorless and popular models.」
The interchangeable-lens digital camera market's recovery trend has strengthened, and the Company's sales in the imaging equipment field also increased year on year, supported by mirrorless and popular models. The market contraction risk has been partially mitigated. - FY2024-Q1MitigatedAnnual report
「The interchangeable-lens camera market in the imaging equipment field has strengthened its recovery trend, and the Company's sales also increased year on year, supported by strong performance from mirrorless and popular models.」
The interchangeable-lens digital camera market has strengthened its recovery trend, and the Company's sales in the imaging equipment field also increased year on year, supported by mirrorless and popular models. The market contraction risk has been partially mitigated. - FY2023RestatedAnnual report
「The interchangeable-lens camera market in the imaging equipment field has shown a somewhat stronger recovery trend, while the Company's sales declined year on year, partly due to a reaction to the significant increase in the previous fiscal year supported by mirrorless and popular models.」
The interchangeable-lens market has shown a recovery trend, while the Company's imaging equipment business declined year on year due to a reaction to its strong performance in the previous fiscal year. - FY2023-Q3RestatedAnnual report
「The interchangeable-lens camera market in the imaging equipment field has shown a somewhat stronger recovery trend, while the Company's sales declined year on year, partly due to a reaction to the significant increase in the previous fiscal year supported by mirrorless and popular models.」
The interchangeable-lens digital camera market has shown a somewhat stronger recovery trend, while the Company's imaging equipment business declined year on year due to a reaction to its strong performance in the previous fiscal year. The view combining market recovery with a decline in the Company's sales continues. - FY2023-Q1ReframedAnnual report
「In the nano/microtechnology-related businesses, interchangeable-lens cameras in the imaging equipment field's digital camera market were trending toward recovery to nearly the previous year's level in May. However, the Company's sales decreased year on year, partly due to a reaction to the significant increase in the previous fiscal year supported by strong performance from mirrorless and popular models.」
The interchangeable-lens digital camera market was considered to be recovering toward nearly the previous year's level in May, while the Company's sales declined year on year due to a reaction to the strong performance in the previous fiscal year. The view now reflects both market recovery and a decline in the Company's performance. - FY2022MitigatedAnnual report
「Supported by strong performance from mirrorless and popular models, the Company's sales increased significantly year on year.」
Although the digital camera market overall was at about the same level as the same period of the previous year, the Company's sales in the imaging equipment field increased significantly, supported by mirrorless and popular models. The market contraction risk has been partially mitigated. - FY2022-Q3ReframedAnnual report
「In the nano/microtechnology-related businesses, interchangeable-lens digital cameras in the imaging equipment field's digital camera market showed growth in mirrorless models, but were at about the same level overall as the same period of the previous year. Supported by strong performance from mirrorless and popular models, the Company's sales increased significantly year on year.」
The digital camera market overall was at about the same level as the same period of the previous year, with growth in mirrorless models, but the recovery of the overall market was considered limited. Supported by mirrorless and popular models, the Company's sales in the imaging equipment field increased significantly year on year. - FY2022-Q2ReframedAnnual report
「In the nano/microtechnology-related businesses, mirrorless models in the imaging equipment field's interchangeable-lens digital camera market showed growth, but the market overall was at about the same level as the same period of the previous year. However, the pace of shipments had been declining since early spring, and although the growth in the Company's net sales slowed from the first quarter, it maintained momentum for recovery year on year.」
Growth in mirrorless models and a year-on-year recovery are noted alongside a decline in the pace of shipments and slower growth in the Company's sales, reflecting a changed view in which recovery and market deceleration coexist. - FY2022-Q1MitigatedAnnual report
「In the nano/microtechnology-related businesses, demand for digital cameras recovered significantly worldwide in the imaging equipment field, partly reflecting a rebound from the sharp decline in the previous year, and shipments of interchangeable-lens cameras in the digital camera market also recovered significantly year on year. The Company's sales also recovered steadily.」
Demand for digital cameras and shipments of interchangeable-lens cameras, both of which had fallen sharply in the previous year, recovered significantly, and the Company's sales in the imaging equipment field also recovered. The market contraction risk has been partially mitigated. - FY2021MitigatedAnnual report
「During the fiscal year, shipments of interchangeable-lens cameras in the imaging equipment field's digital camera market had been recovering from a low around May 2020, and product groups used in high-value-added applications performed particularly well.」
Shipments of interchangeable-lens digital cameras began recovering from a low around May 2020, and product groups for high-value-added applications also remained firm. The market contraction risk has been partially mitigated. - FY2021-Q3MitigatedAnnual report
「In the nano/microtechnology-related businesses, shipments of interchangeable-lens cameras in the imaging equipment field's digital camera market have been recovering from a low reached around May, and the Company's sales have also recovered. However, as of December, neither interchangeable-lens nor fixed-lens cameras had recovered to the level of the same period of the previous year.」
Shipments of interchangeable-lens digital cameras and the Company's sales recovered from a low around May, but had not returned to the previous year's level as of December, leaving only partial mitigation of the market contraction risk. - FY2021-Q2RestatedAnnual report
「In the nano/microtechnology-related businesses, shipments of interchangeable-lens cameras in the imaging equipment field's digital camera market remained sluggish, although some high-end models performed relatively well.」
Reaffirming the view that shipments of interchangeable-lens digital cameras remain sluggish, while some high-end models are performing relatively well. - FY2021-Q1WorsenedAnnual report
「In the nano/microtechnology-related businesses, shipments of interchangeable-lens cameras in the imaging equipment field's digital camera market fell by approximately 70% from the previous year, which had already been trending downward, and the Company is struggling significantly.」
Shipments of interchangeable-lens digital cameras fell by approximately 70% from the previous year, when they had already been trending downward, presenting the Company's difficult situation more starkly. - FY2020RestatedAnnual report
「During the fiscal year, demand for digital cameras continued to trend downward, while product groups used in high-value-added applications remained firm.」
States that demand for digital cameras continued to trend downward, while product groups for high-value-added applications remained firm. - FY2020-Q3WorsenedAnnual report
「In the nano/microtechnology-related businesses, high-end mirrorless models in the imaging equipment field's interchangeable-lens digital camera market have remained firm. By contrast, shipments of single-lens reflex cameras remained on a downward trend at approximately 70% of the previous year's level, leaving the Company in a difficult situation.」
States that high-end mirrorless models have remained firm, while single-lens reflex camera shipments were only approximately 70% of the previous year's level, with the downward trend continuing and the Company facing a difficult situation. - FY2020-Q2WorsenedAnnual report
「In the nano/microtechnology-related businesses, shipments of interchangeable-lens cameras in the digital camera market have continued to decline, falling by approximately 30% from the previous year. With no signs of market recovery, the Company is also facing a difficult situation.」
Shipments of interchangeable-lens digital cameras fell by approximately 30% from the previous year, with no signs of market recovery, and the impact on the imaging equipment field continues. - FY2020-Q1WorsenedAnnual report
「In the nano/microtechnology-related businesses, shipments of interchangeable-lens cameras in the digital camera market fell by approximately 30% from the previous year, following the decline seen last year, and the Company is also struggling.」
Shipments of interchangeable-lens digital cameras fell by approximately 30% after declining the previous year, with the impact on the Company's performance becoming apparent. - FY2019WorsenedAnnual report
「Regarding the progress and outlook for this business, the sharp changes in the digital camera market in the imaging equipment field have led to an outlook for contraction beyond the Company's expectations, although horizontal expansion into other markets and products is progressing relatively smoothly.」
The digital camera market is expected to contract beyond the Company's expectations, emphasizing the magnitude of the impact beyond the previous trend of contraction. - FY2019-Q3WorsenedAnnual report
「In the nano/microtechnology-related businesses, the imaging equipment field has remained weak as the digital camera market continues to contract.」
States that the digital camera market continues to contract and that the imaging equipment field is performing weakly, making the impact of market contraction on results clearer. - FY2019-Q2RestatedAnnual report
「In the nano/microtechnology-related businesses, the imaging equipment field has been somewhat sluggish because the digital camera market is tending to contract.」
Reaffirming the view that the digital camera market is tending to contract and is a factor behind the sluggish performance of the imaging equipment field. - FY2017RestatedAnnual report
「Within the global digital camera market, the compact camera market has lost share to smartphones. However, interchangeable-lens digital cameras, primarily single-lens reflex and mirrorless cameras, continue to benefit from new technologies such as 4K and high-speed continuous shooting, as well as strong expectations for so-called step-up demand from users who became interested in photography through entry-level digital cameras or smartphones and are seeking higher-end digital cameras. Interchangeable-lens cameras are therefore expected to remain firm.」
Continuing to expect interchangeable-lens cameras to remain firm, supported by 4K, high-speed continuous shooting and step-up demand, while recognizing the contraction of the compact camera market. - FY2017-Q3RestatedAnnual report
「Within the global digital camera market, interchangeable-lens digital cameras, primarily single-lens reflex cameras, are incorporating new technologies such as 4K and high-speed continuous shooting. Expectations remain high for so-called step-up demand, in which users who became interested in photography through entry-level digital cameras or smartphones seek higher-end digital cameras, and interchangeable-lens digital cameras are expected to remain firm.」
Continuing to expect interchangeable-lens digital cameras to remain firm, supported by new technologies and step-up demand. - FY2017-Q2RestatedAnnual report
「Within the global digital camera market, interchangeable-lens digital cameras, primarily single-lens reflex cameras, have finally shown signs of bottoming out as manufacturers incorporate new technologies such as 4K and high-speed continuous shooting and introduce products based on new concepts, including designs and features tailored to uses such as sports and landscape photography to stimulate replacement demand.」
Continuing to recognize signs of a bottom in the interchangeable-lens digital camera market. - FY2017-Q1MitigatedAnnual report
「Within the global digital camera market, interchangeable-lens digital cameras, primarily single-lens reflex cameras, have incorporated new technologies such as 4K and high-speed continuous shooting, and there are finally signs that the market is bottoming out.」
Although concerns over contraction of the overall digital camera market remain, signs of a bottom have emerged for interchangeable-lens cameras. - FY2016First statedAnnual report
「The digital camera market itself has contracted significantly with the rapid spread of smartphones, and the market for portable compact cameras in particular is believed unlikely to recover.」
Describes the contraction of the digital camera market due to smartphone adoption as an external risk affecting the core components business.