Nikon issued a notice regarding their last revision of the consolidated financial forecast for the fiscal year ending March 31, 2022: “consolidated results have remained on a trend stronger than that in the previous forecast“. As a result. the consolidated financial forecast has been revised upward (again) from the last financial report back in November. Here is the full text:
“The Company’s consolidated results have remained on a trend stronger than that in the previous forecast. In the Imaging Products Business, supply and demand for cameras and lenses, including newly released mirrorless cameras, are found to be tighter than expected. Meanwhile, in the Precision Equipment Business, system maintenance and other service-related business remains solid for both FPD and semiconductor lithography systems. Further, in the Healthcare Business, sales volumes of biological microscopes and retinal imaging systems are expected to exceed the forecasts. In the Components Business, sales of such products as EUV related components and optical parts are expected to grow more than previously expected against a backdrop of the brisk semiconductor market. In light of these circumstances, the consolidated financial forecast for the fiscal year ending March 31, 2022, announced on October 29, 2021, has been revised upward as shown above.” (source: Nikon)
Update – as a result, the Nikon stock price is up almost 8% today:
At the same time, Sony just realized that it is not so easy to sell cameras when you actually have real competitors:
Sony Q3 financial results: sales down, operating income “significant decrease”
