Nikon expects biggest loss in 11 years, stock down

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Nikon stock price

  • Nikon reproted a 62.8% dive in net profit to 28.06 billion yen in fiscal 2008. The net loss will total 17 billion yen ($176 million) in the 12 months ending next March (source)
  • Nikon is still aggressively planing to increase its market share in the Indian market to 45% by 2010 (source)
  • Sales of Nikon lenses shot up by 9% (source)
  • Nikon stock is down more than 8% today (source)
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