Tag Archives: Nikon financial results

Is Nikon failing? (video by Tony Northrup)

Here is what I think a very good video by Tony Northrup summing up Nikon’s announcements from yesterday and looking into the future of the company:

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Nikon reports “extraordinary loss”, “fundamental company-wide restructuring”

In addition to canceling the DL line of premium compact cameras, Nikon also issued several statements describing “extraordinary loss”, “fundamental company-wide restructuring” and a revision of their last financial forecast:

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Nikon financial results: profit and income are up, sales are down

Nikon released their financial results for the first half of the year ending on September 30, 2016: Profits are up 54% Operating income is up 23.8% Sales are down Nikon also “decided to conduct a fundamental company-wide restructuring in order to enhance its ability to generate profit and create value” Quote: “Nikon Corp. reported that […]

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Oops… Nikon denies any layoffs

Update: Nikon to “re-assign” 1,550 employees in Japan, total headcount will be reduced by 1,000 In unprecedented move, Nikon issued a statement that they have not made any decisions on cutting 1,000 jobs in Japan – a story reported by Nikkei just few hours ago. Here is the full text:

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Nikon to cut 1,000 jobs in Japan, or 10% of its domestic workforce

Update #1: Nikon issued a statement denying any layoffs. Update #2: Nikon to “re-assign” 1,550 employees in Japan, total headcount will be reduced by 1,000 This just in from Nikkei – “Nikon to cut 1,000 jobs in Japan”: Nikon plans to eliminate about 1,000 jobs in Japan, or 10% of its domestic workforce, as the company […]

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Citi: time to buy Nikon stock

This just in from Barron’s: According to Citi Research‘s Masahiro Shibano and Yuta Nishiyama, Nikon now has 3 new sources of growth, in FPD (flat-panel displays) lithography equipment, SPE lithography equipment, and imaging. The analysts wrote: Our Buy thesis rests on 1) improving visibility (for now) in FPD lithography and the likelihood that Nikon can avoid […]

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