Nikon’s new President: Nikon will not have the same stable growth in the next ten years

Some top level changes happened in the Nikon’s top executive level today. See the official details here and here.

The new company’s President Makoto Kimura (62) said this in a press conference in Tokyo today (via Reuters):

“Nikon’s imaging business has been expanding quite steadily over the past 10 years. But can it enjoy the same stable growth for the next 10 years? The answer is no. Growth for existing digital camera products will inevitably slow and they are set to move into a phase of saturation. I intend to keep dialogue open for everyone to decide what we should do to achieve further growth despite this trend.”

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