Nikon’s stock surged 10%, the most since 2013 (and other Nikon corporate news)



→ Bloomberg – “Nikon soars most in 11 years as London’s Silchester takes stake”:

“Silchester International Investors, a London-based firm that has advocated for corporate change in Japan, disclosed it has taken a stake in Nikon Corp., pushing the shares up by the most in more than a decade. Silchester reported it holds 5% of the Tokyo-based company and that it may request dividend increases, share buybacks or other changes to capital policy, according to a filing to Japan’s Finance Ministry. Nikon’s stock surged 10%, the most since 2013.”

 

Nikon Corporation has transitioned to a new management structure as of April 1, 2024, with Toshikazu Umatate as Representative Director, Chairman and CEO, and Muneaki Tokunari as Representative Director, President, COO and CFO.

→ ZakZak Japan (via digicame-info) – “Nikon has focused on integrated production in-house, but will strengthen collaboration with other companies in the future” & “Rather than doing everything ourselves, we want to collaborate with startups and provide unique value”:

Digitimes – Nikon expresses worries over rising Chinese competition in lithography:

Chinese media reported that Masahiro Morita, general manager of the semiconductor lithography business unit of precision equipment group at Nikon, said the rise of China-based semiconductor equipment suppliers is pressuring the Japanese company. Separately, Naura Technology, which drew Nikon’s attention during SEMICON China, reportedly began preliminary research on lithography systems in March. Once the Chinese company successfully develops the system, it is expected to challenge Nikon’s semiconductor equipment business for mature nodes in China.

Nikon released its latest Metal Additive Manufacturing System, the Lasermeister LM300A and the 3D Scanner Lasermeister SB100.