Nikon’s stock price went up after Essilor Luxottica raised its ownership in Nikon to more than 10%. The French eyewear group (parent company of Ray-Ban) now owns a 10.75% stake in Nikon, up from a 9.6% before (it used to be 5.1% last year), and they could buy as much as 20% under Japan’s Foreign Exchange and Foreign Trade Act: Nikon Corporation (the “Company”) announces the change in its major and largest shareholder as of October 1, 2025. The new major and largest shareholder, EssilorLuxottica, has informed Nikon that it has obtained the authorization from the relevant authorities to increase its stake in Nikon up to 20% pursuant to the Foreign Exchange and Foreign Trade Act of Japan. In 2000, Nikon and EssilorLuxottica established a 50/50 joint venture company, Nikon-Essilor Co., Ltd. Since then, we have maintained a friendly and cooperative relationship for many years in the eyeglass lens business under the Nikon brand. Nikon will continue to strive for the sustainable enhancement of its corporate value to meet the expectations of all stakeholders, including our shareholders. Nikon shares jump 21% as Essilor Luxottica weighs boosting stake The post Nikon’s stock price is up after Essilor Luxottica became Nikon’s top shareholder (they can now buy as much as 20%) appeared first on Nikon Rumors. Related posts: Ray-Ban parent company Essilor Luxottica takes 5.1% stake in Nikon Nikon shares jump 21% as Essilor Luxottica weighs boosting stake Weekly Nikon news flash #851 ...
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