Canon CEO Very Dismayed by Brexit, Could Halt Japan Recovery

[Valvebounce]

Hi David.
As it came from CR Admin, I don't see it getting locked, also some other threads started to get political responses in the posts so it is probably better to focus it all in one place and keep the rest of the forum clean, after all this apparently doesn't only affect us Brits, it seems that our getting out first is having a ripple affect around the globe, I heard on the radio (so it must be true ;D ) that several other member countries are now thinking of getting out!

Cheers, Graham.

This thread has zero chance to stay civil. Lock it and get back to sensor debates, DR and other double plus good topics.

It's a political thread and the whole thing should be deleted, and the OP warned for posting something that infringes the usage terms for this forum.

 

[Don Haines]

This thread has zero chance to stay civil. Lock it and get back to sensor debates, DR and other double plus good topics.

It's a political thread and the whole thing should be deleted, and the OP warned for posting something that infringes the usage terms for this forum.

The OP is the administrator.....

 

[davidmurray]

This thread has zero chance to stay civil. Lock it and get back to sensor debates, DR and other double plus good topics.

It's a political thread and the whole thing should be deleted, and the OP warned for posting something that infringes the usage terms for this forum.

The OP is the administrator.....

Yes. :

 

[Don Haines]

This thread has zero chance to stay civil. Lock it and get back to sensor debates, DR and other double plus good topics.

It's a political thread and the whole thing should be deleted, and the OP warned for posting something that infringes the usage terms for this forum.

The OP is the administrator.....

Yes. :

There is no place for religion or politics in online debates.... Neither will lead to any resolution and will cause flame wars and hurt feelings all round....

 

[Khufu]

This thread has zero chance to stay civil. Lock it and get back to sensor debates, DR and other double plus good topics.

It's a political thread and the whole thing should be deleted, and the OP warned for posting something that infringes the usage terms for this forum.

The OP is the administrator.....

Yes. :

You did the tonguey-smiley and everything, brah... I don't know what more you could have done.

Well, I clearly identified the facetious twonk; but maybe it really does take one to know one

 

[davidmurray]

This thread has zero chance to stay civil. Lock it and get back to sensor debates, DR and other double plus good topics.

It's a political thread and the whole thing should be deleted, and the OP warned for posting something that infringes the usage terms for this forum.

The OP is the administrator.....

Yes. :

You did the tonguey-smiley and everything, brah... I don't know what more you could have done.

Well, I clearly identified the facetious twonk; but maybe it really does take one to know one

I thought it took the edge off the thread quite nicely. ;D :

 

[pvalpha]

Maybe we should use photography in relation to these sentiments instead rather than attempting to impress upon one another "ideals" that each of us give emotions and voice to that none of us can possibly extract from simple text relayed on a message board. After all, Canon produced cameras... we bought them. Can you think of something better to do?

There are so many things we cannot control.
Fortunately, the shutter button(s) of our camera(s) is(are) not one of them.

 

[YuengLinger]

Ok, but maybe we could get back onto the topic?

Are the Japanese thinking that British incomes will go down even more and buy less of the remaining Japanese brands of electronics?

Is British spending actually that much a part of Japanese exports? Compared to the rest of Europe, all of Asia, North and South America, Australia, Africa?

Or are they worried Brexit leads to turmoil and more exits?

I don't think the topic has to automatically lead to political rants. Look at it from a camera customer perspective and (a stretch, I know) Japanese executive's perspective.

 

[Random Orbits]

Ok, but maybe we could get back onto the topic?

Are the Japanese thinking that British incomes will go down even more and buy less of the remaining Japanese brands of electronics?

Is British spending actually that much a part of Japanese exports? Compared to the rest of Europe, all of Asia, North and South America, Australia, Africa?

Or are they worried Brexit leads to turmoil and more exits?

I don't think the topic has to automatically lead to political rants. Look at it from a camera customer perspective and (a stretch, I know) Japanese executive's perspective.

The article implied that he is worried that the pound and the euro will both weaken against the yen. An EU without the UK is weaker than with it, and that may be reflected in the value of euro vs. yen. The pound has weakened already but if the euro weakens against the yen too, then it will be harder to sell in all of Europe and the entire European market is a large part of Canon's sales.

 

[davidmurray]

Ok, but maybe we could get back onto the topic?

Are the Japanese thinking that British incomes will go down even more and buy less of the remaining Japanese brands of electronics?

Is British spending actually that much a part of Japanese exports? Compared to the rest of Europe, all of Asia, North and South America, Australia, Africa?

Or are they worried Brexit leads to turmoil and more exits?

I don't think the topic has to automatically lead to political rants. Look at it from a camera customer perspective and (a stretch, I know) Japanese executive's perspective.

The article implied that he is worried that the pound and the euro will both weaken against the yen. An EU without the UK is weaker than with it, and that may be reflected in the value of euro vs. yen. The pound has weakened already but if the euro weakens against the yen too, then it will be harder to sell in all of Europe and the entire European market is a large part of Canon's sales.

Canon's market share will remain unchanged because all the other camera makers will still be making as much - they just put their "recommended Retail Price" up.

 

[arthurbikemad]

Perhaps Mr Canon should focus on production and worry less about the UK and the EU.

 

[Maximilian]

As a EU citizen (German) I am quite disappointed (I won't call it dismayed) of the decision of the people of Britain but I always respect democratic decisions.

As a German you are disappointed, as a Brit I am horrified!

+1000 I cannot believe it...

I haven't been able to pick a camera up today!

Hi johnf3f and rcarca!

I feel with you and the other 48% of those who voted like you and I would have preferred.
But there are the other 52% and there is something called democracy.
And if there was a referendum in Germany I suppose the gap wouldn't be that close.
But when I see that young British lady interviewed in German tv and she says: "Oh, the weather was so fine. But now I feel I should have gone voting." I think [heavily censored].
Democracy is to accept the will of the majority, even if it seems wrong. And it is to apply oneself, at least go voting. I never missed any election or referendum, even if it was hard to decide what to vote for.

And again, the politicians, esp. PM Cameron, were only/mostly campaining with fear but not with all the good things we achieved from the EU. And there was another lady on tv. She said something like: "What a tragedy for us and for our children. If we'd stayed in we would have had the chance to make the EU better. No we'll miss this opportunity." That's 100% what I think, too. :'(

 

[arthurbikemad]

You will only be able to judge the decision in 43 years time

Also the UK is leading the way right now, looks like this is only the beginning of the end for the EU.

I think the pig headed attitude of the EU leaders will be their demise.

I am disappointed in the attitude from the EU governors, they have made it VERY clear the decision by the UK people CAN NOT and WILL NOT be reversed!!!

Toys - Out - Pram.

As an Englishman, I have no concerns, we have won before and we will win again.

 

[msatter]

The Dutch voted in all referenda against Europe and we are still stuck wiith Europe. I don't think that a government will ask us again...ever.

 

[GuyF]

The UK government can actually vote among themselves to ignore the referendum result but it would be political suicide to ignore the voice of the people.

What the result shows is the majority of voters care more for control of the country's destiny over the amount of money in their pocket. Some things are worth more than money. And don't forget, the result was very close to 50/50.

Democracy in action, folks, democracy in action.

(Just for the record, I'm Scottish and 62% of us voted to remain in the EU. I won't say how I voted. 8))

Anyway, the key question from this is how will the result impact on what DXO will say about the dynamic range of the 1DX2?

 

[mb66energy]

Good reminder of how coddled most of us on the forum are. We sit here debating cameras and lenses that cost thousands of (pick your currency), while even in the "stable" economies of the world many workers have seen their incomes fall during a period that economists have had the audacity to label a "recovery." I don't know what the solution is, but clearly the current system isn't working for a majority of people.

A very focused analysis. I had the same "salary class" 16 years before - it is now roughly 65 % in real value. I corrected for inflation. My income is much more than enough to survive and "after surviving" there is a good amount to spent for ... interesting hardware. So no reason to complain.

But it also affected those who had enough to survice 16 years before + some extra money for recreation, hobbies etc. - they earn only the money to survice today. 8.50 is the minimum hourly salary in germany - resulting in 1360 Euro per month brutto (40 hrs a week). Netto is sth. around 900 Euro - a simple 2-room flat is 500 Euro per month with energy costs etc. A car often necessary for work. Survival - nothing less nothing more.

 

[mb66energy]

Maybe Britain will stay closer to the US in the future and there is no market loss for Canon from these people.

Hopefully the Brexit is a wake-up-call to reinstall a working principle of subsidiarity in the EU to create a more resilient EU -- with a stronger Euro. My main concern is that the EU regulates to much regional and local things but doesn't touch these things that must be regulated for a continent (e.g. speculation tax).

So I don't see to much worries for Canon. And if the EU falls apart we will have a bunch problems where "the latest, best equipment" isn't a camera but a gasoline cooker + enough fuel, 2000 m² of arable land and fence to protect it.
enough

(A hint to Canon: The last 5 years have shown great devices from you, but there hasn't been a lot for me. I would REALLY LIKE a FF EOS M with direct controls for the main parameters and a good haptic and visual feedback + DPAF -- A F1-n might be a good starting point in terms of haptics. And put a f-stop ring around the bajonet base with clicks to count f-stop changes while composing + shoulder display showing the main parameters always.)

 

[expatinasia]

On a more serious note, what's all the bloody panic? It's only a shock if you haven't been following European politics. The notion that the world will fall apart just because one nation doesn't want to be part of a club? :

Twas Pandora's box which just opened!

Just you see what happens, this could cause a global crisis.

Oh, and it wasn't just "one nation", it is a nation which has shaped the course of history for many of here today.

 

[Stu_bert]

Political bit


The problem for me was that as seems typical of any political campain in recent years, there were far too many lies and bending of truths, the media did a poor job to highlight it, and simplifying it to a yes/no vote is an insult to people's intelligence. Everything from how much we could pump into the NHS, to the economic forecasts, both sides spent 95% of the time just pressing people's buttons by distorting the truth. And the media just joined in as frankly all they seemed to care about is increasing their circulation.

As was mentioned, many people did vote with emotion to make a point about how unhappy they were, as the current democratic system has very few opportunities for feedback. So we can't ask the british public their top 3 things which had to be radically improved for them to stay in the EU, all we can do is go yes/no. Dumb it down, and look what happens.

On the plus side, I hope it gives food for thought to all political institutions on how crude the democratic system can be, and therefore the inability to hear what citizens want. Feedback may be onerous, but if you leave it to referendums and elections, then you risk stability of the your economy and the global economy. Of course it (the global) will recover, but perhaps such swings could be avoided?

As to the actual outcome, I doubt you can truly get a feel for whether the decision was right or wrong without a sensible amount of time ie circa 10 years. It will take 2-3 years for all the agreements to be in place, longer for businesses to adjust, and equally as long for the politicians to fix the issues that were highest in people's minds. And if it is concluded that the decision was incorrect, would we be prepared to admit we were wrong, and for the rest of the EU to accept that?


Canon

Canon has a fiscal responsibility to its shareholders to highlight this - but doing so immediately does raise eyebrows - the situation is the same for all the companies which have significant trade with Europe. Any depreciation in the european currencies will inflate prices of imports into Europe. Why did Canon feel the need to say this immediately? Was that something to do with their current sales in Europe? Ultimately lower sales = less investment which is unfortunate, still it wont affect the mk IV or the 6D mk II, but it may impact anything planned for the 2nd half of 2017 and beyond

 

[GuyF]

Twas Pandora's box which just opened!

Oh, and it wasn't just "one nation", it is a nation which has shaped the course of history for many of here today.

A fair point but things change - as one political commentator noted, Britain ran the world in the 19th century, the US ran it in the 20th and China/far east will run the world in the 21st. Britain may have the 5th largest economy but we're not the world power we once were.

It appears the referendum result is a reaction to unelected people in Brussels making decisions that affect life in the UK and also calling for greater control on immigration. One interview I saw noted that there have been 70 instances where Britain calls for specific action on an issue within the EU and 70 times are over ruled by unelected EU leaders. So why stay in a club that can brush you away quite easily? I appreciate this site isn't a political forum, I just wanted to give an example to our non-EU friends of what goes on.

And as for Pandora's box - I once knew a Pandora but never got to see her box.