Today Nikon announced their financial results for the year that ended March 2018. As previously reported, profits are up for the entire company - here are the key numbers with relevant data from the Imaging Products Business: Operating Profit: ¥56.2 billion (¥55.5 billion increase from last year, ¥3.2 billion above estimates) Imaging Products Business: fixed cost reduction and focus on high-value-added products increased profit despite market shrinkage Annual dividend increased to ¥36 per share from previously forecasted ¥31 in (previous year: ¥16, more info here). More details on the Imaging Products Business - revenue is down, profits are up YoY: Here is the 2019 forecast by segment: 2019 forecast for the Nikon Imaging Products Business - decrease of unit sales across the board due to continuous market shrinkage: For those of us without any understanding of financial statements, I will be adding quotes from different websites to better understand those numbers: The profitability of the image business improved, securing operating profit of 76.2% increase. Sales of interchangeable lens digital cameras decreased from 3.1 million units in the previous fiscal year to 2.62 million units in the current fiscal year. The interchangeable lens also decreased from 4.62 million to 4.1 million, while the number of compact digital cameras decreased from 3.19 million to 2.51 million. However, due to the strong performance of D850, sales of high-end machines are expected to increase. (DC.Watch) Related posts: Nikon Q1 financial results are out Nikon had another bad financial quarter Nikon’s financial results for the last fiscal year are out ...
Published By: Nikonrumors - Thursday, 10 May, 2018