Here’s some good news for folks living in Japan. That’s because Panasonic has announced that they will release the Lumix DMC-FS7 10MP compact camera in Japan. It’s already available across Europe from early 2009. The colorful cameras are available in Silver, Blue, Pink and Green.

These digital cameras feature a 4x optical zoom and a 2.7-inch wide view LCD. It can also record VGA video at 30fps. Sadly there’s no word on pricing for the Japanese version.