In addition to the third notice on the floods in Thailand, today Nikon announced also their financial results for the second quarter of the 2011/2012 year (ending March 2012). Nikon lowered its sales and operating income forecast as well as DSLR camera and lens production as a result of the situation in Thailand.
Nikon will increase its production in other facilities across the world in December. Nikon Thailand is expects to start operations in January 2012 and have full-scale production restored by the end of March, 2012.
In the next few months sales efforts will concentrate on the new Nikon 1 mirrorless system. Nikon is already aggressively pushing their CX cameras with various marketing campaigns and tours to the Nikon 1 factory in China for pretty much anyone that can spell N-i-k-o-n.
Summary for the First Half of the Year Ending March 31, 2012:
Estimation for the year ending March 31, 2012:
Thailand floods impact on FY2012 forecast – damages suffered by Nikon Thailand:
Second half volume assumption for IL and digital cameras w/ IL:
Financial impact by floods based on the above plans(2ndhalf of FY2012 in Imaging Company):
Summary of Estimation for the Year Ending March 31, 2012:
Downward revision of the yearly forecast is inevitable due to Thailand floods: however, both sales and income are expected to improve year on year.
