In addition to the revised financial forecast, Nikon also published their Q2 financial results for the year ending March 2020 (click for larger view): Summary: First half of the year ending March 31, 2020 for the Imaging Products Business: Forecast for the year ending March 31, 2020: Forecast for the year ending March 31, 2020 for Imaging Products Business: Imaging Products Business - challenges and positioning: Performance by the Imaging Products Business: For the digital camera-interchangeable lens type, the Group made efforts to increase sales of full-frame mirrorless cameras and their interchangeable lenses, which led to the growth in unit sales of high-class cameras year on year. For the compact digital cameras, the Group focused on sales of high value-added products such as the COOLPIX P1000, which is equipped with a 125x optical zoom lens. However, overall unit sales of both digital camera-interchangeable lens type and compact digital cameras fell amidst the shrinking market. As a result, revenue for the Imaging Products Business decreased by 21.1% year on year to 119,054 million yen, and operating profit fell by 84.7% year on year to 2,026 million yen. Source New Peter McKinnon X Nomatic, Shimoda Action X, Pgytech OneMo camera bags: The post Nikon’s Q2 financial results are out appeared first on Nikon Rumors. Related posts: Nikon’s 1st quarter FY2020 financial results are out Nikon had another bad financial quarter Nikon Q2 financial results are out ...
Published By: Nikonrumors - Friday, 8 November, 2019