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Nikon Malaysia To Cease Operations; Brand Responsibility To Be Transferred To Distributors

by Heirul Kamel
November 4, 2020
Nikon Malaysia To Cease Operations
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In an unexpected turn of events, Nikon Malaysia has officially announced that it will cease operations by 2021. The announcement was made through its official website and social media channels on 4 November 2020.

“We are grateful for our passionate community’s support and loyalty through the years with us, and it has been a pleasure serving both the Imaging and Industrial Metrology fields in Malaysia,” Nikon Malaysia wrote in the announcement. Around the same time, it also released an official statement on its corporate news page regarding the brand’s presence and future in the country.

Announcement pic.twitter.com/QdnvtrMBWY

— Nikon Malaysia (@nikonmalaysia) November 4, 2020

The company stated that from early January 2021, all of its Imaging business will be handled by local partner Futuromic Photo AV Sdn Bhd to serve as Nikon’s marketing, sales and after-sales service for its products and activities in Malaysia. Concurrently, it also revealed the distribution of its Industrial Metrology business in the country will be handed over to QES (Asia Pacific) Sdn Bhd.

“Nikon is committed and will continue to provide products and services that meet customers’ needs and expectations in the Malaysian market and throughout the world,” it added. The Japanese giant says that it will continue to operate in the country until 31 December 2020, and will cease all local operations on 1 January 2021.

(Source: Nikon Malaysia [1] [2])

Filed Under distributionexitMalaysiaNikonNikon Malaysiaoperations
Updated 6:45 pm, Wed, 4 November 20
http://lowy.at/3O9uA
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