• Welcome to Photrio!
    Registration is fast and free. Join today to unlock search, see fewer ads, and access all forum features.
    Click here to sign up

Kodak's breathtaking film prices increases (at least) in Japan

Status
Not open for further replies.

Tom1956

Member
Allowing Ads
Joined
May 6, 2013
Messages
1,989
Location
US
Format
Large Format
If Kodak runs up prices like this, they're done. I certainly won't be buying.
 

Simonh82

Member
Allowing Ads
Joined
Aug 9, 2011
Messages
251
Location
London, Unit
Format
Multi Format

Eastman Kodak sold the film division to the UK pension plan because they were the biggest creditor and the main obstacle to them emerging from bankruptcy. The film division was making a reasonable profit along side the other bits like photo printing kiosks etc.

Kodak Alaris owned by the UKPP have said they will continue to sell film whilst is is profitable (as has been noted) and I would be surprised if they hiked their prices as much as has been speculated as this would make them completely uncompetitive. The pension plan want a guaranteed income over many years to pay their members pensions. Killing off film with massive price hikes would seem like an odd decision in this context.

Kodak Alaris have contracts to buy their film from Eastman Kodak, which is why they have been able to keep the same film line but Eastman Kodak are no longer pulling the strings. That being said, EK may have hiked their prices to KA meaning an increase to the end user. Also as KA is now owned by a pension plan (the ultimate bean counters) they may be trying to squeeze every last penny of profit out of it. I wouldn't be surprised to see significant price rises but I would be very surprised to see 80-120% here in the UK or in the US.

Time will tell but for the mean time, Ilford haven't increased their prices since Feb 2013 as Simon Galley mentioned recently. Their recent reduction in the price of FP4+ and Cooltone RC in the US shows a different approach to their customer base.
 

Xmas

Member
Allowing Ads
Joined
Sep 4, 2006
Messages
6,398
Location
UK
Format
35mm RF
Maybe Kodak's film making and coating machines will end up in China one of these days? JW
EK would probably get more for the IPR. Impossible took over a Polariod factory? Moving manufacture difficult, manufacture on different machines difficult.
There is no future volume prediction for profit for the investment needed.
Harrow UK can coat, as some of their other factories may be able to also, but KA won't see any incentive for low volume film instead they see it (profit) coming to an end.
Kodak made bad strategic mistakes in past...
 

DREW WILEY

Member
Allowing Ads
Joined
Jul 14, 2011
Messages
14,875
Format
8x10 Format
I'm just curious how many people on this forum are so young that they don't really understand the meaning of "inflation" yet? I'm just glad I've
got a lot of Kodak film in the freezer right now, which was bought at a much better price.
 

Jaf-Photo

Member
Allowing Ads
Joined
Feb 12, 2014
Messages
495
Format
Medium Format
Well, if you raise the price by 1 percent in a year, it's inflation.

If you raise it by 100 percent, it's incompetence, extorsion or something worse.
 

Xmas

Member
Allowing Ads
Joined
Sep 4, 2006
Messages
6,398
Location
UK
Format
35mm RF

EK put up cine film and cine process material prices 15% (from memory) Jan 14, citing increased overheads from reduced sales. Won't have helped Bollywood...

KA should have contractual agreements on hikes as part of above mentioned bankrupt exit.
 

wblynch

Member
Allowing Ads
Joined
Feb 9, 2009
Messages
1,697
Location
Mission Viejo
Format
127 Format
I don't mind inflation or price increases at all; as long as they increase our wages.

Of course that never happens anymore...
 

JW PHOTO

Member
Allowing Ads
Joined
May 15, 2006
Messages
1,148
Location
Lake, Michig
Format
Medium Format
I don't mind inflation or price increases at all; as long as they increase our wages.

Of course that never happens anymore...

You're right Bill and I just read an interesting article on this "These charts show how millions of U.S. jobs pay less now than they did in 1999". Pretty sad I'd say, since there is no attempt to even consider wages being uplifted to counter inflation. JW
 

Tom1956

Member
Allowing Ads
Joined
May 6, 2013
Messages
1,989
Location
US
Format
Large Format
I don't mind inflation or price increases at all; as long as they increase our wages.

Of course that never happens anymore...

I wonder why that is?
 

DREW WILEY

Member
Allowing Ads
Joined
Jul 14, 2011
Messages
14,875
Format
8x10 Format
Somebody has to support all these billionaire CEO's. Gotta do our civic duty.
 

Roger Cole

Member
Allowing Ads
Joined
Jan 20, 2011
Messages
6,069
Location
Atlanta GA
Format
Multi Format
I'm just curious how many people on this forum are so young that they don't really understand the meaning of "inflation" yet? I'm just glad I've
got a lot of Kodak film in the freezer right now, which was bought at a much better price.

Oh I lived through the "stagflation" of the 70s as well as other inflationary cycles. I understand it, but there isn't that much of it in the general economy yet. The only thing that's been keeping us from (much worse in the longer term) deflation has been ... well I don't want to get political and you don't have to like it so let's just call it "creative monetary policy." There's certainly no inflation in the general economy to justify sudden 80-100% hikes in ANYTHING.
 

Roger Cole

Member
Allowing Ads
Joined
Jan 20, 2011
Messages
6,069
Location
Atlanta GA
Format
Multi Format

And dramatically less than they did thirty years before that. Add in the fact that we have so much other crap [sic] to spend it on now - no one had $100 a month cable bills or the cell phone bills or even the backwards-inflation-adjusted equivalent back then - and it's no wonder disposable income seems so much less. It is so much less. My generation (I'm 50) was the first to have to run faster than their parents just to be in the same place, and later ones have it even worse.
 

DREW WILEY

Member
Allowing Ads
Joined
Jul 14, 2011
Messages
14,875
Format
8x10 Format
Inflation can be like our earthquakes out here. The pressure just keeps building up until the earth suddenly snaps. Raw materials, petrochemicals in particular (used in both dyes and film base) have gone up dramatically in the past few years. Some of this is a raw materials issue, some a distribution issue, some due to newer enviro controls, etc. A bigger factor is competition. Maybe Kodak/Alaris is price structuring b&w film on an analogous model to how they're handling color film. Awhile back Kodak and Fuji were in a price war. No longer. Kodak has ceded chrome film to Fuji, and Fuji has largely ceded color neg film to Kodak. Now they each have a semi-monopoly and can charge what the market will bear. But compared to the Kodak sheet film in my freezer, things haven't gone up 100%. More like 150%.
 

omaha

Member
Allowing Ads
Joined
Jun 16, 2013
Messages
368
Format
Medium Format
I haven't read this whole thread...and a good thing too judging by the direction it seems to be taking.

Personally, my take on this is that if you want to shoot film, then you're going to have to get used to a steady diet of price increases. Don't like it? Shoot digital. Or evangelize like crazy and convert ten photographers back to film.

But the volume just isn't there.

This isn't going to be "big bad corporation screwing the customer". Its going to be "tiny, niche provider trying to eek out a profit to keep the doors open".
 

RattyMouse

Member
Allowing Ads
Joined
Oct 18, 2011
Messages
6,045
Location
Ann Arbor, Mi
Format
Multi Format
I'm just curious how many people on this forum are so young that they don't really understand the meaning of "inflation" yet? I'm just glad I've
got a lot of Kodak film in the freezer right now, which was bought at a much better price.

Do you know what hyper inflation is?
 

RattyMouse

Member
Allowing Ads
Joined
Oct 18, 2011
Messages
6,045
Location
Ann Arbor, Mi
Format
Multi Format

Cable bills and cell phone bills of $100 a month or more are leeches. Never had 'em, never will.
 

RattyMouse

Member
Allowing Ads
Joined
Oct 18, 2011
Messages
6,045
Location
Ann Arbor, Mi
Format
Multi Format

Nonsense. 120% price increases are just absurd. You want to kill off film photography, raise prices by 120% a few times. That will do it with a short and quick death.
 

Tom1956

Member
Allowing Ads
Joined
May 6, 2013
Messages
1,989
Location
US
Format
Large Format
I just got back from town where I went to the CVS drug store to buy a mothers day card. I looked over to the right of the cashier counter and the C-41 machine was gone. I asked how long ago that happened, and the lady said 2 months ago. I thought about this thread as I walked out, shaking my head. They've pulled out their film equipment and their tobacco inventory. So what have they got left but drugs and overprice cosmetics? Essentially the company has given themselves over to the health insurance business. They only need the warm bodies to walk in with prescriptions. Something is awry in the direction things are heading.
 

Roger Cole

Member
Allowing Ads
Joined
Jan 20, 2011
Messages
6,069
Location
Atlanta GA
Format
Multi Format
Nonsense. 120% price increases are just absurd. You want to kill off film photography, raise prices by 120% a few times. That will do it with a short and quick death.

Exactly. It isn't increases in general that have people incensed, it's the magnitude. Kodak is already premium priced, in the US anyway. They will simply outprice themselves compared to the competition with jumps of this magnitude, if they in fact show up here. (And at least for black and white. There's really just no competition for color neg outside of some consumer 35mm stuff from Fuji.)
 

Roger Cole

Member
Allowing Ads
Joined
Jan 20, 2011
Messages
6,069
Location
Atlanta GA
Format
Multi Format

Memory cards, probably.
 

Tom1956

Member
Allowing Ads
Joined
May 6, 2013
Messages
1,989
Location
US
Format
Large Format

I'm afraid high finance has reached a point where the bean counters are not interested in whether they can get enough beans from the business they're in business to do. It's a lot easier to just run up the prices on the product you're selling and invest whatever profits in the Chinese stock market. They don't actually care about their own product.
 

RattyMouse

Member
Allowing Ads
Joined
Oct 18, 2011
Messages
6,045
Location
Ann Arbor, Mi
Format
Multi Format

In my business, if we don't want a customer, we don't tell them to go away, we raise their prices until they go away on their own. Kodak has no interest in selling film anymore so they are likely doing the same.

Funny enough, some customers never go away no matter how much we raise the price!!
 

pentaxuser

Member
Joined
May 9, 2005
Messages
20,352
Location
Daventry, No
Format
35mm
 
Status
Not open for further replies.