Latest Nikon finance statement: “Imaging Products business is expected to exceed the previous estimate”

Nikon-Estimation-for-the-Year-Ending-March-31-2016
Nikon is preparing multiple important announcements in early 2016 and now they revised their financial forecast accordingly for the fiscal year ending March 31, 2016:

Imaging Products business is expected to exceed the previous estimate, due to the improvement of product mix etc.”

Nikon also announced their Q2 financial results. Here are the highlights for the Imaging Business for the first half of the year ending March 31, 2016:

Nikon-Financial-Results-for-the-First-Half-of-the-Year-Ending-March-31-2016

  • Sales volume in the first half year decreased from a year earlier in all product groups owing to market shrinkage. Sales and operating income fell 13.8 billion yen, or 5% and 3.3 billion yen, or 12%, respectively.
  • Sales stayed at the same level while operating income increased 2.2 billion yen, or 10% from the latest
    forecast.
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