I think the reason that most camera companies are losing money, or not making the predicted profits, is that P&S cameras are losing sales faster than sales in dslrs are increasing.
Most p&s users not going to phones are going mirrorless which is a rapidly increasing market that most dslr manufs are not big players in.
The yen is high but the D700 to D800 price increase way way above that + inflation. The price of the 85mm AF-D to AF-S in the UK almost doubled.