Nikon Imaging Group 1st quarter results analysis by ZoetMB
Nikon Imaging Group 1st quarter results analysis by ZoetMB:
(April 1 – June 30, 2023):
- Revenue: ¥74.4 billion
- Earnings: ¥15.3 billion
- Bodies: 220,000 (compared to 200,000 Q1 2022)
- Lenses: 330,000 (compared to 340,000 Q1 2022)
Full fiscal year projection:
- Revenue: ¥250 billion (up from 5/11 projection of ¥240 billion and FY 2022 actual of ¥227.1 billion)
- Earnings: ¥41 billion (up from 5/11 projection of ¥38 billion and (down from) FY 2002 actual of ¥42.2 billion)
- Bodies: 750,000 (up from 5/11 projection of 700,000 and FY 2022 actual of 700,000)
- Lenses: 1,200,000 (up from 5/11 projection of 1,150,000 and FY 2022 actual of 1,160,000)
Unit share: (compared to CIPA units of same months)
- Bodies: 13.9% (Full-year 2022: 12.1%)
- Lenses: 13.3% (Full-year 2022: 12.3%)
- Value share (compared to CIPA shipped value of same months): 23.8%
Nikon claims market is:
- Bodies: 5.8 million (giving Nikon a 12.9% FY2023 unit share based on their projections)
- Lenses: 9.4 million (giving Nikon a 12.8% FY2023 unit share based on their projections)
Note that Nikon no longer reports any numbers for Compact cameras.
Nikon releases financial results for the first quarter of the year ending in March 2024