Nikon Corporation ( (NINOY) ) has released its Q3 earnings. Here is a breakdown of the information Nikon Corporation presented to its investors.
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Nikon Corporation, a leading player in the imaging and precision equipment industry, is recognized for its innovative products and services in digital cameras, precision equipment, healthcare, components, and digital manufacturing. During the nine months ended December 31, 2024, Nikon reported a decline in revenue and profits across various segments, attributed to challenges in the semiconductor and EUV markets despite robust sales in imaging products and digital manufacturing. Key performance highlights include a revenue decline of 3.1% to 512,671 million yen and a significant drop in operating profit by 76.4% to 8,110 million yen. The Imaging Products Business saw gains from strong sales and favorable currency effects, while the Precision Equipment and Components Businesses faced setbacks due to market slowdowns. Looking ahead, Nikon anticipates continued growth in the digital camera market and stable investments in AI-related semiconductors but remains cautious about potential cost increases in the healthcare sector. The company has revised its forecast, expecting revenue and operating profit to fall short due to market challenges but maintains a stable outlook for profits before tax.
