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

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 the 2013 fiscal year (ending March 2013)
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