Camera
Nikon expects profitability and plans to release more Z mount lenses by 2022
| Nikon’s Sendai factory. |
It’s been a rough few years for Nikon, but there is light at the end of the tunnel. Or, so we’re being led to believe based on an interview Nikon’s CFO Muneaki Tokunari gave to Nikkei, wherein he says he expects Nikon to once again reach profitability by the end of its 2022 fiscal year.
In the interview (behind a partial paywall), Tokunari reiterates what Nikon has revealed in its recent financial results—that the company is expecting to post a total loss of more than ¥42B ($387M) by the end of its 2021 fiscal year, which ends on March 31, due to ‘impairment loss on factory equipment in the imaging business, including cameras, and a loss on disposal and valuation of inventory assets, including semiconductor manufacturing equipment in the precision products business.’
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By Nikon opting to take all of these losses in its 2021 fiscal year, rather than spread the losses out over multiple years — something usually done to reduce tax liability — Nikon should be able to more quickly return to profitability on paper. Tokunari specifically says three of its four main divisions will post losses this year, but should come out profitable for Nikon’s 2022 fiscal year.
In addition to financial details, Tokunari also revealed Nikon will have 30 Z mount lenses released by March 2022. Considering only 27 lenses are visible on Nikon’s most recent roadmap (11 of which haven’t been fully revealed), that means we can expect three other lenses not currently known of to be released within a year.
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| A roadmap of Nikon’s current and future Z mount lenses. Click to enlarge. |
Tokunari also reiterates what both Canon and Nikon have expressed in their respective financial result presentations: it will focus most on professional and hobbyist customers going forward, and seek to reduce operating expenses as much as possible.
As for reducing costs, Tokunari says Nikon has ‘set a target of reducing business operations by ¥63B ($580M),’ with ¥47B ($433M) already reduced this fiscal year. This means we can expect Nikon to reduce operating expenses of its imaging business by another ¥16B ($147M) throughout its 2022 fiscal year.
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If this reduction is achieved, Tokunari says Nikon ‘will be in a position to earn stable profits, even if [image business] sales are below ¥150B.’ This specific amount is significant because it’s the revenue Nikon expects to pull in from its imaging business for its 2021 fiscal year, which has been marred by economic uncertainty due to the COVID-19 pandemic. This means, if the market is to stabilize as Canon and Sigma executives have alluded to, Nikon may have a path to sustainability, as far as its imaging business is concerned.
Based on previous years, Nikon should release its fourth quarter financial results towards the end of May. Once posted, those numbers should give us more insight as to its current standing and path forward, but we’ll have to wait until mid-2022 to see if Nikon is indeed able to rebound from a rough few years.
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Pedestrians with umbrellas wander down a rainy alley in Yokohama’s Chinatown.
Panasonic S5IIX + Panasonic S 28-200mm F4-7.1 | F7 | 1/125 sec | ISO 1600 |
Japan is one of my favorite places to travel. I’m captivated by its culture, cuisine, and the warmth of its people. It’s also a photographer’s paradise, offering endless possibilities, from serene temples and bustling markets to breathtaking landscapes.
My favorite type of photography when traveling in Japan is street photography, especially at night. I never tire of exploring the vibrant cityscapes, from the iconic Shibuya Crossing in Tokyo to the atmospheric alleys of Yokohama’s Chinatown.
However, there’s a twist: I seek out rainy conditions. While most travelers might not embrace a downpour, I find that rain transforms nighttime street photography into something magical. The umbrellas emerge, the city lights reflect off the wet pavement, and colors take on a vibrant intensity.
I was fortunate to visit Japan twice this year, and it rained both times. What some might consider lousy weather, I welcome as luck. Both my camera and I were thoroughly drenched during several nights of shooting, underscoring the value of weather-sealed equipment. (For the record, despite being so wet they were dripping with water, neither camera nor lens ever missed a beat.)
“While most travelers might not embrace a downpour, I find that rain transforms nighttime street photography into something magical.”
Unsurprisingly, some of my most memorable photos of 2024 were captured during these rain-soaked adventures. It’s challenging to select just one favorite because, as many of you will surely understand, how we remember the value of an image is often intertwined with the experience of capturing it.
The photo at the top of this page is one of my favorites from these trips, captured in Yokohama’s Chinatown. Off the main street, the area is full of narrow alleys, many decorated with traditional lanterns, creating small, intimate spaces. I spied these two pedestrians with similar coats and umbrellas turn into one of these alleys and instantly knew there was a potential photo around the corner.
I managed to fire off two shots before the scene lost its magic, but that’s all I needed. I love that you can’t see the main subjects’ faces. They remain anonymous, allowing the viewer to focus on the place rather than the person.
| Image: Godox |
Godox has announced the V100, a 100Ws version of its round-headed V1 on/off camera flashgun. The V100 can deliver up to 100 Watt Seconds of power in manual mode and can shoot over 70 consecutive bursts of light at full power. Recycle times of under 1 sec are possible when used with an external power source (1.7 sec with the internal battery).
Like the existing V1 and V1Pro, the V100 is available in versions compatible with the proprietary TTL flash metering systems of Canon, Nikon, Sony, Fujifilm or Olympus/OM System, each of which comes with a small secondary flash that can be used to provide a little ‘fill.’ It also has a 2W LED modeling lamp, to help you understand how its light is going to fall.
Godox says it’s able to sync with the global shutter of Sony’s a9 III, up to shutter speeds of 1/80,000, though the company also says the V100’s minimum flash duration is 1/20,000, so presumably 1/80,000 sec shutter speeds would only experience a fraction of that output.
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| Image: Godox |
The V100 is powered by a rechargeable Li-Ion battery that can be charged directly using a USB-C cable or in an optional multi-battery charger if you need to prepare multiple batteries before a shoot.
It’s compatible with the company’s 2.4Ghz radio frequency off-camera communication protocol either as a transmitter or receiver.
Buy now:
No details have been given about price or availability but it’s listed as “Coming Soon” on B&H Photo’s website with a price of $349. B&H is also listing a Pentax-compatible version, not listed on Godox’s website.
Godox V100 C/N/S/F/O
Power Beyond Limits, 100Ws at Hand
Introducing the epic 100Ws TTL Li-ion Round Head Camera Flash V100. The Godox V100 redefines the standards for flagship on-camera flashes, brining an era of 100Ws power to handheld lighting. This groundbreaking flash delivers global shutter sync, a vibrant 2.3-inch color touchscreen, an intuitive menu, and one-tap syn operations. It combine cutting-edge features and professional-grade performance to provide an ultimate solution for professional lighting.
100Ws, Beyond Limits
The V100 sets a new benchmark for on-camera flashes by offering an unprecedented 100Ws power at its maximum output (M mode). With adjustable power steps from 1/1 to 1/256 or from 2.0 to 10, it covers the spectrum from subtle fill light to robust lighting for diverse scenarios, pushing the boundaries of creativity in flash photography.
Intuitive Touchscreen, Effortless Control
Equipped with a 2.3” full-color, high-sensitivity touchscreen, the V100 offers a smooth and responsive interface. Paired with an intuitive menu design and logical control layout, it allows photographers to quickly adjust power levels, activate high-speed sync, switch between TTL/M modes, and pair devices with a single tap, significantly improving workflow efficiency.
Global Shutter Flash Sync
The V100 is seamlessly compatible with cameras featuring global shutter like Sony a9 III. Supporting shutter speeds up to 1/80,000 seconds and offering TTL functionality, it delivers outstanding high-speed continuous shooting with effortless precision. This makes it an ideal choice for sports photography, outdoor bright light, and other fast-paced shooting scenarios.
70 Full-Power Consecutive Flashes
Thanks to its advanced cooling system, the V100 delivers 70 to 100 consecutive flashes at 100Ws without compromising performance. This ensures enhanced shooting efficiency and flexibility, allowing you to handle complex scenarios with ease and capture every brilliant moment of your creative vision.
| Zoom range (mm) | 28mm | 35mm | 50mm | 70mm | 80mm | 105mm |
|---|---|---|---|---|---|---|
| Continuous flashes (100Ws) |
75 | 75 | 80 | 90 | 100 | 100 |
Detachable Sub Flash
The V100 continues the highly praised detachable sub flash (SU-1) design from the V1 Pro. This versatile feature enables dual-light setups with a single flash, offering creative lighting solutions for portrait photography.
Wireless Sync, Streamlined Workflow
With the built-in Godox 2.4G Wireless X System, the V100 functions as both a master and receiver unit. Its one-tap pairing capability seamlessly integrates with the X3 trigger or other Godox wireless flash units, streamlining multi-flash setups and boosting productivity.
Powerful Battery, Convenient Charging
Powered by the same high-performance lithium battery as the V1 Pro, the V100 ensures uninterrupted shooting. The Type-C charging port and compatibility with the VC26T Multi-Battery Charger make recharging quick and convenient.
Enhanced Recycling with External Power
The V100 includes a port for the PB960 Lithium-Ion Flash Power Pack, reducing full-power recycling time to as fast as 0.8 seconds. This feature supports demanding, high-intensity shooting scenarios, ensuring peak performance.
Built-In LED Modeling Lamp
A 2W LED modeling lamp with 10 adjustable levels provides flexible options for previewing light effects or serving as a fill light. The lamp supports continuous or interrupt modes, catering to different creative needs.
Comprehensive Accessory Ecosystem
The V100 is compatible with a broad range of Godox accessories, including the AK-R1 Accessory Kit for Round Flash Heads, AK-R21 Projection Attachment, AK-R22 Collapsible Diffusion Dome, and the S2 Speedlite Bracket for Bowens, among others. Whether you’re fine-tuning light, exploring creative effects, or expanding functionality, the V100 is designed to meet every need.
When Fujifilm announced that it was releasing a firmware update to help improve the X-H2 and GFX 100 II’s autofocus performance in October, the community’s response was near-unanimous: what about the X-T5? The camera’s autofocus performance has been a sore spot in recent months, with some users complaining that their cameras were noticeably less accurate after a previous firmware update.
This week, Fujifilm answered. It’s released firmware updates for its flagship APS-C camera, as well as the GFX 100S II, X-T50, X-S20 and X100VI, promising that its “AF algorithm has been partially revised to improve focusing accuracy and subject tracking performance.” According to the release notes, the updates, which you can download using the links above, are solely dedicated to the autofocus improvements.
This is far from the first X-T5 update that promises to improve its autofocusing capabilities, so we’ll likely have to wait for owners to chime in on whether it brings the performance up to a level that they’re happy with. For now, though, it appears that Fujifilm has at least heard the complaints, and is working on addressing them.
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