Nikon's newest advanced cameras and a lineup of fresh faces will help
it outrun rival Canon Inc in a scramble for loyal fans throughout
Asia, Nikon executives said on Thursday.
The precision-equipment maker said it aims to beat its shipment
target of 2.6 million units in the year to March 2008 and win more
customers in South Korea and China, helped by its new D300 and D3
digital single-lens reflex (SLR) cameras, to go on sale in November.
"This is the real thing," Nikon President Michio Kariya told a news
conference, when asked how Nikon's cameras were different from
Canon's new digital SLRs targeting the same mid- to high-end market.
Nikon held a 47.5 percent market share in Japan in January-June,
beating Canon's 36.5 percent, Tokyo-based research firm BCN said.
Nikon should be able to consistently hit at least 40 percent market
share, Kariya said.
Nikon is pricing its D300 at around 230,000 yen ($1,980) with initial
monthly production of 60,000 units. The D3, aimed at professionals,
would sell for about 580,000 yen, with initial production of 8,000 a
Earlier this week, Canon announced the launch of its EOS 40D model
from August 31, and the EOS-1Ds Mark III for professionals from late
November, vowing to regain its lead over Nikon by year-end.
Nikon expects to ship a total 3.2 million digital SLRs in the year
ending March 2009, up from 2.6 million this business year.