AI

Nikon’s cameras will get more expensive after June 23rd

After months of staying calm on how president Donald Trump’s tariffs on Chinese goods affect its business, Nikon announced “adjusting the necessary prices” for its products that will enter into force for the United States that begins on June 23, 2025.

“In Nikon, we are still committed to providing the highest photography products and the value of our customers,” Nikon said in a statement published on Friday. “Due to the recent definitions, controlling the necessary prices for the products will be valid on June 23, 2025. We will carefully monitor any definition developments and we are permissible to control prices according to the necessity to reflect advanced market conditions. We would like to thank our customers for their understanding and know that we take every possible step to reduce the impact on our society.”

Earlier this month, during a presentation where the company shared its latest financial results, Nikon (PDF) said that the definitions can reduce its profits for the next fiscal year by 10 billion yen, or about 70 million dollars, as mentioned by by Petapixel.

Nikon is not the first or the only company that announces the increase in prices as a result of American tariffs. Australia -based BlackMagic Design has started its headquarters to impose fees on digital cinema cameras last month, with the announcement that the customs tariff had put its plans to build a factory in Dallas, Texas, which is financially unlikely.

During the announcement of its financial results in the first quarter in late April, Canon told analysts that it was planning to raise prices and was “in the process of estimating the timing and amount of the increase.” Dprevief. The company also said that its price increases will be limited to the United States, but this may change if the definitions caused a wider global recession.

The company said to its pre-lines to the United States for many of its cameras, including budget-friendly X-M5 and X100VI still famous x100VI, Dprevief In late April. Sigma, Sigma, has announced pricing modifications, but like a Nikon, it is not in effect immediately and they will start instead on June 2, 2025.

Don’t miss more hot News like this! Click here to discover the latest in AI news!

2025-05-26 19:35:00

Related Articles

Back to top button