Nikon increased operating profit forecast for their fiscal year by 7.7%

Nikon issued a revision of their financial forecast for the fiscal year ending on March 31, 2018. The company increased their expected operating profit by 7.7%:

Regarding the first half ending September 30, 2017, the operating profit of the Imaging Products Business and the Precision Equipment Business are both expected to exceed the previous forecast due to the following reasons.

In the Imaging Products Business, the costs related sales, promotion and R&D are effectively controlled, and the yen depreciation trend against the euro also works as a beneficial factor. In the Precision Equipment Business, while some sales of the FPD Lithography Systems has shifted to the second half, service businesses are extended and cost reductions are being implemented. In addition, corporate profit (loss) which cannot be attributable to any reportable segments is improved. Based on these situations, consolidated financial forecast announced on August 3, 2017 is revised as above. Consolidated financial forecast for the full year ending March 31, 2018 is currently under thorough review and will be announced on the release of the financial results for the second quarter of the year ending March 31, 2018.

This entry was posted in Other Nikon stuff and tagged . Bookmark the permalink. Trackbacks are closed, but you can post a comment.
  • FCC disclosure statement: this post may contain affiliate links or promotions that do not cost readers anything but help keep this website alive. As an Amazon Associate, I earn from qualifying purchases. When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network. Thanks for your support!

  • Back to top