Regarding Nikon and Mitsubishi from someone who knows a lot about Nikon:
http://www.dslrbodies.com/nikon/about-nikon/nikon-faq/is-nikon-a-subsidiary-of.html.
Quote:"But the basic answer is, no, Nikon is an independent company with its shares publicly traded on the Nikkei. "
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Your statement is true in the sense that Nikon is LEGALLY independent of the Mitsubishi Group who is just a shareholder in it. BUT Japanese Keiretsu TEND to be Family-like in nature where there are actual blood-related family working at the executive levels in each subsidiary company OR that there is a Fraternal Affiliation
(sort of like the University-based Greek House system i.e. Phi Beta Kappa house).
This means that affiliated companies within a Keiretsu ARE allowed to use resources from other companies. Nikon could do this and use the Mitsubisihi financial arm for further funds or use the industrial electronics arm for extra research resources. Nikon could blow Canon or Sony away IF THEY WANTED TO but since Keiretsu are inherently cautious and staid, that just won't happen. To me, Nikon is turning into Blackberry where they make good products for a SMALL specific market BUT they lose the big battle for consumer marketshare.
Canon is Apple iOS and Sony is Google Android and I see a long-term duke-it-out battle where Canon keeps the really high-end customer and the premium prosumer market while Sony wins the low-to-medium range of the market with edgy and technologically advanced products that might have a few flaws in them, but for the most part work WELL ENOUGH for most peoples needs!
I just don't see Nikon being a viable Consumer Camera company by the year 2025!
It will be Blackberry all over again. If Canon actually DOES come out with its purported Medium Format Large Sensor High Speed camera, then they WILL WIN all the pros and and geeky prosumers, and if Sony bring out great mirrorless technology like the A9 into a A6300 price point then they win the midrange market!
Fuji, Pentax, Leica will STAY niche market players and will PROBABLY focus on nostalgia and styling to keep specific alternative-style customers who don't like or buy the big-two player products more for political reasons than product reasons.
Hasselblad and Phase-One WILL be bought out by either Sony OR Canon!
Neither can survive in the coming new camera market of 2025. They don't have the financial or product line to stay independent past the year 2025. Sigma is a dark horse in that its lenses will keep it afloat for a long enough time that Sony will start looking eagerly to get its Foveon Sensors and Sigma Art Lenses into Sony product via a direct buyout. ...BUT... I don't see that happening until at least 2027 when it's lens and sensor patents start running out! Canon won't buy Sigma but Sony WILL sooner or later depending upon how much it offers Sigma in buyout cash! I ALSO THINK that Sony might even take a run at Microsoft in a strategic merger or a REVERSE buyout where Sony stays legally headquartered in JAPAN but run from the USA by Microsoft who will want to merge xBox with Playstation using Windows Embedded/Mobile operating system on Sony 4K BluRay and GPU Hardware and then create a monsterly profitable super-smartphone ecosystem with 8k video and built-in VR/gaming/5G internet abilities tied to massive online gaming products!
In terms of separate audio/video/still photo products I see any potential Sony/Microsoft merger as a total convergence into super-Smartphone like devices that literally CAN do everything that a modern stills/video camera can but at a much smaller size. Sony/Microsoft would still create separate Stills/Video camera for PROS but at high price and high-end feature points and everyone else will be shoved into the gaming-and-VR-capable 8k supersmartphones running Windows Embedded/Mobile and allowing running of Android apps in an Emulator box!