Tag Archives: Nikon financial results

Nikon released their financial results for the third quarter of the year ending March 2014. They also updated their estimations or the entire year:

Just saw this report on Reuters: “Nikon is down 23.6 percent year-to-date and is the worst underperformer in the Nikkei this year, while the benchmark has rallied nearly 49 percent.” Nikon had to cut their financial forecasts multiple times in the past few months.

Extremely low DSLR inventory,  shift to new products that will have higher profit margins (that probably explains the Df price), cost cutting, achieve profitability by reducing the number of models – this is how Nikon describes the current situation and their plans for the rest of the current financial year ending March 31, 2014:

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 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 […]