Nikon to stop production of cameras in Japan

by time news

Japanese corporation Nikon will finally move the production of camera bodies from Japan to Thailand this year. The Japanese newspaper The Mainichi wrote about this today, June 7, citing a statement from the Nikon management.

The end of camera production in Japan is part of the company’s restructuring plan, with Nikon’s fiscal 2020 net loss of Â¥ 34.4 billion ($ 314 million). In recent years, the demand for cameras has been declining as smartphone cameras have improved and most people now take pictures with their smartphones.

Nikon had its only camera factory in Japan, in Miyagi Prefecture in the northeast of the country. There was only one model produced there – the Nikon D6 professional SLR camera. By the end of the year, this production is to be relocated to the company’s main plant in Thailand. Nikon’s intention to finally withdraw camera production from Japan has been reported several times in recent years.

Yana Rozhdestvenskaya


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