Today Nikon published their financial results for the second quarter of the year ending March 2014 and they cut again their sales forecast for high-end cameras: “As the camera market shrunk due to sluggish business condition, the 1st half sales volume decreased in all product groups year on year. Thus, sales and income reduced ¥28.5 […]
After Nikon lowered their future full-year forecast, the company’s stock plunged to its lowest level in 19 months: “The Tokyo-based company plummeted 14 percent to 1,726 yen in Tokyo trading, the lowest close since January 2012. The stock has lost 32 percent this year, compared with a 33 percent gain for the broader Topix index.”
Nikon published their latest financial results and cut their future full-year forecast due to disappointing mirrorless cameras (Nikon 1) sales. The Nikon Imaging division now expects to sell 6.55 million units instead of the previously planned 7.1 million. The operating profit forecast was also cut to 65 billion yen from the previously projected 85 billion yen. Nikon blamed US and […]
Nikon published their financial results for the year ending on March 31, 2013. You probably remember that for the third quarter the company reported a “rapid deterioration in the market” which led to a cut in the annual profit forecast and some pretty good savings. Summary for the financial year that ended on March 31, 2013 for Nikon […]
Nikon published their Q&A for the third quarter of the Imaging Company which they describe as “rapid deterioration in the market” and “fiercer market competition“: Q: What can you tell us about the revision of the financial forecast in the imaging products business? A: While we increased production and inventory of digital SLR cameras as one […]
Today Nikon released their third quarter financial results and financial estimation for the year ending March 31, 2013. Here is the recap from Bloomberg: Camera price declines prompted a cut in Nikon’s annual profit forecast. Junichi Itoh, Nikon’s CFO said this: “Tough competition for entry-level single-lens-reflex models has led to a large price decline since […]
Today Nikon released their financial results for the first half of the year ending on September 30, 2012. Here are the details for the Imaging Company: Net sales: 381 billion yen (up 56.5 billion yen from same period previous year) Operating income: 41.8 billion yen (down 5.6 billion yen from same period previous year) Nikon sold a total of: 3,450,000 […]
Nikon announced their financial results for the first quarter of the year (ending March 2013). Here is the recap from Marketwatch: Net profit fell 48.6% to 15.77 billion yen in this quarter Sales increased 5.6% to 259.43 billion yen Operating profit is down 36.7% to 23.37 billion yen Nikon lowered its earnings forecasts by 5 million yen for […]
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