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Nikon’s 3rd quarter financial results are out

Today Nikon released their Q3 financial results for the year ending on March 31, 2019: "High-end camera sales was brisk thanks to the new ML launch, but fierce competitions in the shrinking entry/mid-range DSLR markets suppressed the volume largely in addition with the initial cost, resulting in revenue/profit reductions." Here is a recap by ZoetMB: Nikon originally forecast Imaging Division Revenue of ¥320 billion and the new forecast is ¥305, down 15.44% from 2018. They forecast Earnings of ¥29 billion, raised the forecast to ¥33 billion in August and the new forecast is ¥25 , down 17.22% from 2018. They forecast 2.3 million DCIL units and the new forecast is 2.1 million, down 19.85% from 2018. They forecast 3.4 million lenses and the new forecast is 3.2 million, down 20.2% from 2018 They forecast 1.8 million compacts and the new forecast is 1.6 million, down 36.25% from 2018. Details on the latest Nikon financial results: Nikon's financial forecast for the year ending March 31, 2019: Nikon also has new appointments of company's officers and director The post Nikon’s 3rd quarter financial results are out appeared first on Nikon Rumors. Related posts: Nikon released their first quarter financial results Nikon announced financial results for the first quarter of 2016 fiscal year Nikon had another bad financial quarter ...

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Published By: Nikonrumors - Friday, 8 February, 2019

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