Samsung NX500 Sony CyberShot HX90 Canon PowerShot G3 X Panasonic DMC-FZ330 Nikon Coolpix P900 Olympus Stylus 1s
Samsung NX500 Sony CyberShot HX90 Canon PowerShot G3 X Panasonic DMC-FZ330 Nikon Coolpix P900 Olympus Stylus 1s
  News Headlines APPLE CANON FUJIFILM HTC HUAWEI LG MICROSOFT NIKON OLYMPUS PANASONIC PENTAX SAMSUNG SONY  
Lets Go Digital
 
     
Powered by True
Counted by OneStat.com
Sanyo reports loss on digital camera sales
Ilse Jurriƫn : July 29th 2005 - 12:40 CET
Digital Camera Review Test Appareil Photo Numerique Prueba camara digital Digitale Camera Test Dijital Kamera Incelemeleri Digitalkamera Test Digitalkamera
SanyoSanyo reports loss on digital camera sales : Sanyo, the troubled Japanese electronics giant undergoing a three-year restructuring plan, reported a first-quarter net loss of 26.2 billion yen ($233.9 million) Wednesday on falling sales of Sanyo Xacti digital cameras and mobile phones. The red ink for the three months to June 30 2005 compared with profit of 2.33 billion yen ($20.8 million) a year earlier, the company said today in a statement. Osaka-based Sanyo, which announced a sweeping revival push earlier this month calling for massive job cuts, is trying to dig out from an unexpected loss last year brought on by tumbling prices and damage from an earthquake.
Sanyo reports loss on digital camera salesConsumer electronics
Sales fell 8.6 percent to 569 billion yen ($5.08 billion) in the first quarter, from 662.4 billion yen ($5.19 billion), thanks to poor showings for consumer electronics and components such as rechargeable batteries and semiconductors. Falling prices and tougher competition drove sales of gadgets such mobile phones and digital cameras down 12.2 percent in the quarter, while sales of solar batteries and computer chips dropped 7.5 percent, the company said. Domestic sales, which accounted for 47 percent of overall revenue in the first quarter, fell 15 percent, while overseas sales dropped 1.8 percent.

Sanyo management team
Sanyo announced a turnaround plan on July 5 calling for cutting 14,000 jobs, or 15 percent of its global workforce, slashing domestic factory space by about a fifth, discontinuing some lines, and cutting debt by about half. The company also appointed a new management team in April to revive the company after it posted a net loss of 171.5 billion yen ($1.53 billion) in the year just ended. The company had earlier forecast a profit of 14 billion yen for the year but scrapped the outlook after a 6.8-magnitude earthquake struck its semiconductor plant in northern Japan last October. Sanyo kept its forecast unchanged for the current fiscal year to March 2006. It is predicting a net loss of 92 billion yen on sales of 2.49 trillion yen, nearly flat from last year. (AP)

Sanyo Electric Co., Ltd. Company Profile
"Sanyo" means "three oceans" in Japanese, and when it comes to consumer and commercial electronics, Sanyo covers the waterfront. The electronics powerhouse has more than 170 subsidiaries worldwide. From electric bicycles to semiconductors, Sanyo manufactures products both innovative and prosaic. Its companies make a variety of electrical devices and appliances, including industrial and commercial equipment (refrigerated supermarket cases), audio and video equipment (DVD players, TVs, digital cameras), semiconductors, communications equipment (cellular phones, computers), batteries, and home appliances (microwave ovens, air conditioners).





   Sanyo cuts digital camera production costs
   Konica Minolta UK announces internal restructure
   Olympus shares fell after news about cutting jobs
   Next  Toshiba supports SMIA standard for camera modules
   Previous  HP Photosmart 3310 All-in-One printer
   News by brand:Sanyo
   News by category:Source of Information
   News by brand and category:Sanyo Source of Information


LetsGoDigital digital camera magazine
Latest Sanyo announcements
Sanyo Zio mobile phone
Sanyo E1500TP
Sanyo S1414
Sanyo T1495
Sanyo Xacti PD1
Sanyo underwater camera
Full HD projector
Sanyo HD projector
Sanyo Xacti GH1
Sanyo Xacti CG100
Sanyo Wide XGA projector
Sanyo Incognito
Sanyo Xacti CS1
Sanyo Xacti SH1 Dual camera
Sanyo sound recorders
 
Twitter LetsGoDigital
Latest news headlines
Canon EOS 7D Mark II bundled with W-E1 adapter
Canon EOS 5D Mark IV
Mobile World Congress 2017
IFA 2016 Smart World Summit sessions
Logitech protective keyboard case for iPad Pro
Photokina 2016 photography exhibitions
Kyocera DuraForce Pro Android smartphone
IFA 2016 Trade Show Berlin
Galaxy Note7 U.S. Cellular
Nikon D3400
Nikon telephoto lenses with AF-P stepping motor
Photokina 2016 news update
Vodafone 5G enhanced mobile broadband
OnePlus 3 Premium smartphone
Philips monitor with popup web camera
   
CanonCasioFujifilmNikonOlympusHTCSamsungSonyPanasonicNokia
  Accessories Android Apps Camcorders Digital cameras Mobile phones Smartphones Software Tablets   CES CeBIT Gadgets IFA Photokina PMA