More changes at Nikon Corp.

Nikon announced several new corporate changes this week:

  • Nikon issued a notice regarding “recognition of a gain on sales of investment securities” – Nikon basically recorded a gain of 20.3 billion yen on the sale of emerging US stocks: “Nikon Corporation announced on the 2nd that it will sell securities and record a gain on sale of 20.3 billion yen in the non-consolidated financial results for the fiscal year ending March 2021. The shares of a US start-up company that had been invested since 2016 were sold. It adopts International Financial Reporting Standards (IFRS) and has no impact on consolidated final profit and loss. Increase asset efficiency and strengthen finances. It sold its stake in Berkeley Rights in the US on the 1st, relative to financial institutions. The company has strengths in semiconductor and optical technologies, and handles equipment that automates cell culture and sorting.” (Nikkei, translated)
  • Nikon announces reorganization of their corporate structure.
  • Nikon announces changes of directors, officers, and assignments.
  • Velodyne Lidar announced the appointment of Hamid Zarringhalam from Nikon on the board of directors.

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