“Extraordinary losses” as a result of the flooding in Thailand
Nikon posted a notice describing the losses due to the flooding in Thailand as “extraordinary”: ¥10,904 million (around $143 million). Nikon received an insurance payment of ¥500 million (around $6.5 million). Additional insurance payment is pending. As a results of the losses, Nikon changed their forecast of the fiscal year ending March 31, 2012 as follow:
Forecasts for Year ending March 31, 2012 and Results of Year ended March 31, 2011
|
Net Sales |
Operating income |
Ordinary income |
Net income |
Forecasts for Year ending March 31, 2012 |
925,000
Million yen |
72,000
Million yen |
80,000
Million yen |
55,000
Million yen |
Results of Year ended March 31, 2011 |
887,512
Million yen |
54,052
Million yen |
55,811
Million yen |
27,312
Million yen |