Nikon expects biggest loss in 11 years, stock down

• 16 years ago
• Categories: Other Nikon stuff

• 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)