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Drew

Effects of Thai floods

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The flooding tragedy in Thailand has caused many to be left homeless and hundreds dead. Please help by donating to the Thai Red Cross or any other agency. As a side effect, many manufacturers have affected including Nikon.

 

Press Release

 

Nikon (Thailand) Co., Ltd., a consolidated subsidiary of Nikon Corporation in the Rojana Industrial Park in Ayutthaya Province located in Central Thailand, is submerged by the flood caused by torrential rainfall since last July.

 

The latest situations at Nikon (Thailand) Co., Ltd. are as follows:

 

1. Damages

The 1st floor of all buildings at the premises are presently submerged. Details of the damages are now under investigation. As for the employees, the human damage has not been reported so far. The factory is suspending its operation since October 6.

 

2. Estimated impact to our business performance

We are now doing our utmost to estimate the impact of the flood to our group companies and business performance. We assure you to immediately advise the findings once it is judged there will be an important change in our forecast.

 

3. Recovery

We are continuing to investigate details of the damage, but are unable to predict how soon operation will be resumed. We will set up our recovery support system and endeavor to restart its operation as early as possible. We are now requesting drainage of the industrial park to the Thai government, together with the Rojana Industrial Park authority, other companies in the Park and Japan External Trade Organization.

 

Reference data

Outline of Nikon (Thailand) Co.,Ltd.

Location: Ayutthaya Province, Thailand

Representative: Nobuyuki Muraishi, Managing Director

Capital: 1 billion bahts

Shareholder: Nikon Corporation (100%)

Establishment: October 1990 (factory completed in November 1991)

Main businesses: Manufacture of digital single-lens reflex cameras, Interchangeable lenses, etc.

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Just saw a post somewhere (dpreview) claiming the factories are completely flooded with little likelihood of recovery. Before I was just reading that the factories were okay but getting parts in and products out had been distrupted.

 

If so, that's pretty bad. The human toll is of course worse but a trashed factory could take years to get running again. I don't know which if any of them have alternate factory lines elsewhere.

 

Not linking here as there was no real attribution, so it might not be accurate. I haven't found a formal news story anywhere yet.

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Nikon's factory supposedly has no chance of recovery, and they make Nikon's low and mid-level SLRS (90% of their market). One has to wonder how Nikon can recover from 2 natural disaster hits like this in one year

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Hope all the Bangkok Wetpixel members are well and staying dry for the next 2 weeks.

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