Nikkei just published a new article ahead of the Nikon’s yearly financial results announcement titled “Nikon sees 30% profit boost on demand for panel-producing gear, Camera maker’s cost-cutting and reforms show signs of working“: “Nikon’s operating profit is expected to jump 30% to 70 billion yen ($640 million) in the current fiscal year ending March 2019, […]
Yesterday Nikon issued a press release announcing that they expect an “extraordinary loss” in the value of their Nikon Metrology business based in Belgium: As a result of reviewing NMNV’s future cash flow in the aforementioned process, the fair value of the investment in NMNV has declined, and 10,343 million yen of the loss on […]
Nikon released their third quarter financial results for the year ending March 2018: Nine-month profit up 56.7% to￥22.31 billion from￥14.24 billion last year Earnings per share up ￥56.13 from￥35.84 for last year Operating profit up more than 100% to￥41.5 billion from last year’s￥18.6 billion Revenue down by 7.2% to￥525.26 billion from last year’s￥566.12 billion (source: NASDAQ) […]
From Nikkei – Japan’s precision instrument makers forecast profit growth:
Just a quick update: Nikon’s stock is up since they announced their Q2 financial results two days ago. Here is the last 5 days chart (for comparison the last time they reported bad news in February 2017, the stock went down 15% – it hit 1300, now it’s at 2350): Next is the 3 months chart:
Today Nikon released their financial results for the second quarter of their financial year (ending March 2018). Here are the slides relevant to the Imaging Business (click for larger view):
Nikon issued a revision of their financial forecast for the fiscal year ending on March 31, 2018. The company increased their expected operating profit by 7.7%:
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