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Tag Archives: Nikon financial results

Nikon cuts forecasts due to poor mirrorless sales in US and Europe

Nikon financial results

Nikon published their latest financial results and cut their future full-year forecast due to disappointing mirrorless cameras (Nikon 1) sales. The Nikon Imaging division now expects to sell 6.55 million units instead of the previously planned 7.1 million. The operating profit forecast was also cut to 65 billion yen from the previously projected 85 billion yen. Nikon blamed US and […]

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Nikon’s yearly financial results are out

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Nikon published their financial results for the year ending on March 31, 2013. You probably remember that for the third quarter the company reported a “rapid deterioration in the market” which led to a cut in the annual profit forecast and some pretty good savings. Summary for the financial year that ended on March 31, 2013 for Nikon […]

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Nikon: “rapid deterioration in the market occurred”

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Nikon published their Q&A for the third quarter of the Imaging Company which they describe as “rapid deterioration in the market” and “fiercer market competition”: Q: What can you tell us about the revision of the financial forecast in the imaging products business? A: While we increased production and inventory of digital SLR cameras as one […]

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Nikon cuts their annual profit forecast

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Today Nikon released their third quarter financial results and financial estimation for the year ending March 31, 2013. Here is the recap from Bloomberg: Camera price declines prompted a cut in Nikon’s annual profit forecast. Junichi Itoh, Nikon’s CFO said this: “Tough competition for entry-level single-lens-reflex models has led to a large price decline since […]

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Nikon’s financial results for the first half of the year are out

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Today Nikon released their financial results for the first half of the year ending on September 30, 2012. Here are the details for the Imaging Company: Net sales: 381 billion yen (up 56.5 billion yen from same period previous year) Operating income: 41.8 billion yen (down 5.6 billion yen from same period previous year) Nikon sold a total of: 3,450,000 […]

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Nikon Q1 financial results: net profit fell by almost 50%

Nikon 2012 Q1 financial report

Nikon announced their financial results for the first quarter of the year (ending March 2013). Here is the recap from Marketwatch: Net profit fell 48.6% to 15.77 billion yen in this quarter Sales increased 5.6% to 259.43 billion yen Operating profit is down 36.7% to 23.37 billion yen Nikon lowered  its earnings forecasts by 5 million yen for […]

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Nikon reported better than expected financial results for 2012

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Nikon announced their financial results and new cash dividends for the year ending on March 31, 2012. The company again reported better than expected financial numbers even after the series of disasters in Asia last year. As a result, the stock price went up over 8%. Nikon remains a profitable company in times where almost every other major […]

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