
Nikon announced their Q3 financial results (for the year ending March 2017, direct link to PDF presentation) here are the highlights from the report:
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 […]
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 […]
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 […]