Nikon & Canon ... David & Goliath

gman

gman

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Having a wee peek and Canon in the UK are 18 times bigger than Nikon.

Canon are either considerably more popular or just overcharge!
 
gman said:
Canon are either considerably more popular or just overcharge!
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Usually mutually exclusive unless there is no competition :shrug:

;)
 
What do you mean by bigger? Bigger because they sell more units or bigger because they have a higher turnover?
 
Bigger due to their Net Worth. Canon is 121.7M whereas Nikon is 6.8M - but this is just their UK companies. I never pay much attention to Turnover as it doesn't really tell you much about the success of a company. No good having a Turnover of a million if your costs are 2 million!

So basically if they are worth 121.7M (12.4M Profit after Tax 06/07) then I stand by my claim that they are overcharging! ;)

Of course Nikon could be astronomical compared to Canon in the USA or Japan or Europe - that I don't know but would be interesting to find out!

Pentax is worth 5.4M. I never released Canon were so big and wondering if it's because of all the other products they produce?
 
don't forget, canon sell more than just cameras and have a much bigger range of lenses, take the printer range for example, that must be worth a huge chunk of its net worth in itself.
 
gman said:
I never released Canon were so big and wondering if it's because of all the other products they produce?
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Does it say that is cameras only or is it all of Canon UK? If its all of Canon UK then that will include all there printers and everything else they do so that would make them look much bigger.
 
Doesn't really look like a fair comparison to me.

The figures you've used are for Canon (UK) Ltd, a description of their services provided by experience is as follows:

Canon (UK) Ltd. is the United Kingdom’s marketing and sales operation for Canon Incorporated. The main business focus for Canon (UK) covers two market segments. The company’s business solutions segment covers the office and professional printing environments. Its products include multifunctional printers, information technology consultation and peripherals, photocopiers, fax machines, document management hardware and software, and multimedia liquid crystal display projectors. The company’s consumer imaging segment offers input solutions, such as film and digital cameras, camcorders, binoculars and scanners. Canon (UK) Ltd., incorporated in 1976, maintains its head offices in Reigate, Surrey. (Updated by OneSource Information Services)
Source: Experian Ltd.
 
Nikon Precision 14.6M
Nikon Optical 8.2M

Nikon Total: 29.6M

I only looked at Canon UK. There are other Canon entities such as Canon Holdings at 37.6M. Canon are a bit of a beast it seems.

I agree about it not being a fair comparison, you would have to look at both of their ultimate parent companies to get a fair comparison.
 
An interesting take on the subject though.
 
Even then you'd struggle to make it fair as they're both operating in different markets.
 
Kev M said:
Even then you'd struggle to make it fair as they're both operating in different markets.
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No, they both operate in the same market, but Canon also operate in different markets.

Anyway, I presume you are meaning a fair comparison with specific regard to the camera market? As I said, you would have to see the ultimate parent company accounts and of course their ledgers to see camera related figures but I'm really not that interested as I was only bored and posting the figures with a light heart :thumbs:

Oh, the Nikon Directors helped themselves to dividends last year whereas Canon didn't. Greedy sods! ;)
 
gman said:
No, they both operate in the same market, but Canon also operate in different markets.
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No, actually Nikon also operate in different markets. One of the main players in steppers/scanners for the IC industry, inspection equipment and so on, as well as the cameras where the two companies cross. It would be closer to say the companies operate in very different markets, and the camera sector is the area they do overlap in.

Pricing is not a huge difference between the companies, so you can get a broad idea of camera-sector size by looking at overall market share - get a more detailed view if that is available by sector. The overall company size will mix in all of the divisions, and not be very representative except in terms of finance access, overall company health etc.

Nikon used to be a Japanese government company (or heavily linked during the war), so the origins are quite different also, leading to a quite different company culture.
 
I know I'm a Nikon man but can't believe Canon are 18 times bigger. I think there's more to those figures.

If Canon were doing so well how comes they shut their massive offices in Wallington, Surrey?
 
In Japan last year, Nikon outsold Canon in the DSLR market and that trend is said to continue across into the USA and Europe.
 
Oh dear...what have I just started...:exit:
 
King of Groove said:
If Canon were doing so well how comes they shut their massive offices in Wallington, Surrey?
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probably to increase their massive profits, everything is going abroad these days, I would imagine a good proportion of canons income would be from video cameras, something nikon doesn't make
 
you cant compare 2 companies on their "net worth", especially 2 global corporations like Canon and Nikon who have different subsidiaries and that operate in such a huge variety of markets.

And an even more obsurd thing to assume is that a bigger net worth means that they are over charging customers.

rubbish thread

/end

:thumbsdown:
 
full auto said:
And an even more obsurd thing to assume is that a bigger net worth means that they are over charging customers.
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Do you see that little wink I placed after saying I thought Canon were overcharging? It means I was joking :cuckoo: The whole thread is just a laugh so lighten up.


full auto said:
rubbish thread

/end

:thumbsdown:
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Are you the person who decides when everyone is to stop posting in a thread or something? The "/end" makes you look very arrogant. ;)
 
full auto said:
you cant compare 2 companies on their "net worth", especially 2 global corporations like Canon and Nikon who have different subsidiaries and that operate in such a huge variety of markets.

And an even more obsurd thing to assume is that a bigger net worth means that they are over charging customers.

rubbish thread

/end

:thumbsdown:
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Agree - EBITDA is the recognised standard, not "Net Worth" which covers a multitude of sins.
 
gman said:
The whole thread is just a laugh so lighten up.
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Perhaps this will serve as a lesson to consider the responses you are likely to see in future. Cameras are investments (be it cash, time, brand loyalty) and therefore incredibly emotive.

;) if it helps
 
Jonnyreb said:
Perhaps this will serve as a lesson to consider the responses you are likely to see in future. Cameras are investments (be it cash, time, brand loyalty) and therefore incredibly emotive.

;) if it helps
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Not quite the same as a house or pension but I see your point. Nice sarcasm btw :lol:
 
gman said:
Canon are either considerably more popular or just overcharge!
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There is no wink in your very first post. So no, I "didnt see it."















;)

/continue






:cuckoo:
 
I am a bit grumpy today, but this thread is a bit silly. Opening up debate about large global company's size and worth based on a few stats. I just dont get it I guess. I dint realise it was a joke, forget my serious answers. Put it down to not enough coffee 1st thing in the morning.
 
full auto said:
I am a bit grumpy today, but this thread is a bit silly. Opening up debate about large global company's size and worth based on a few stats. I just dont get it I guess. I dint realise it was a joke, forget my serious answers. Put it down to not enough coffee 1st thing in the morning.
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Did I mention that I quit smoking last week? I'm most probably the most irrational person around at the moment :(
 
/kisses and makes up with gman

good luck with quiting. The 1st month is the worst.
 
I thought it was common knowledge that Canon was a lot more popular in the UK.

Part of the reason I went Nikon.
 
Canon are much more aggressive with the low-end DSLR market, hence why they have market share. They also do a hell of a lot of printers and scanners, more so than Nikon. Habe used canons for years but have recently switched to Nikon, not only because they seem to produce 'cult'-like cameras but it's just better value gear
 
specialman said:
Canon are much more aggressive with the low-end DSLR market, hence why they have market share. They also do a hell of a lot of printers and scanners, more so than Nikon.
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Not sure if it was my post ou were referring to, but just for clarity when I said "scanner" it wasn't the photo related flatbed scanner. It's a step and scan device used in integrated circuit manufacture.

Sort of like a camera, but costing tens of millions...
 
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