Can’t find any good news in the latest Nikon financial results

Nikon-logo
Nikon released their financial results for the 2016 FY (ending in March 2016). I could not see any positive signs except the fact that the company had a 20% higher overall net income compared to the previous year. For the Imaging Business net sales and operating income were both down and are expected to get even worse in 2017 (the Kumamoto Earthquake was also mentioned again):

Nikon financial results for the year (ending on March 31, 2016)

“The sales volume of digital SLR cameras decreased, resulting in 11% sales reduction and 19% operating income reduction from the previous year. Partly because of the negative exchange rate impact, both sales and operating income did not reach the forecasts.”

Nikon-financial-results-FY2016

Estimation for the next year (ending on March 31, 2017)

“In addition to the digital camera market shrinkage, delayed launch of new products, and negative impact by exchange rates, it is expected that the 1st half operation will also be affected by The 2016 Kumamoto Earthquake. As a result, 15% sales reduction and 23% operating income reduction are forecasted.”

Nikon-2017-financial-sstimation
Nikon number of employees:

Nikon Number of Employees
Nikon consolidated financial reports for FY 2016:

Nikon consolidated financial reports for FY 2016

This entry was posted in Other Nikon stuff and tagged . Bookmark the permalink. Trackbacks are closed, but you can post a comment.
  • FCC disclosure statement: this post may contain affiliate links or promotions that do not cost readers anything but help keep this website alive. As an Amazon Associate, I earn from qualifying purchases. When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network. Thanks for your support!

  • Back to top