Recovery from initial pandemic-induced declines. Revenues for the 6 months prior to 30Sep for Still and Video Cameras went from 200 million yen in 2019 to 136 million yen in 2020, a 32% drop the year before the 62% gain. Canon’s Imaging revenue similarly had a 16% drop from 2019 to 2020 then a 32% gain from 2020 to 2021.
Overall though, the ILC market continues to shrink, and Sony’s slice of the market pie is shrinking faster than the market as a whole.