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Canon NZ expects camera shortages after Japan quake


Company says the earthquake and subsequent tsunami that devastated Japan last month will hurt its consumer products business locally.

NBR staff
Mon, 04 Apr 2011

Canon says the earthquake and subsequent tsunami that devastated Japan last month will have an impact on its consumer products business locally.

As a result of the damage to the Canon operations, and those of its suppliers in the areas most affected by the disaster, the company says there will be product shortages across its entire camera range, including cameras, videos, lenses and parts for camera repairs.

Canon expects supply shortages will start to impact from around the middle of April and will continue to be felt through the middle of the year and potentially into the third quarter of this year.

There will be minimal impact on the supply of Canon consumer printing and consumable stocks; therefore only minor supply shortages in the coming months, the company said in a statement.

In response to the disaster, the Canon Group globally has donated 300 million yen ($NZ 4.9 million) for the Japanese Red Cross Society and other humanitarian aid organisations.

The quake is also hurting other manufacturers, from other consumer electronics companies to automotive giant Toyota.

Apple is among those affected.

A shortage of components sourced from Japan (including batteries and Flash memory) is behind iPad 2 shortages, according to market tracker iSuppli.com (after a quick handful of tablets sold out on its March 25 "launch"; New Zealand shelves have been bare, although Apple is taking online orders with a three to four week lead time).

NBR staff
Mon, 04 Apr 2011
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Canon NZ expects camera shortages after Japan quake
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