Nikon Posts Q1 2012 Financial Results

Nikon has posted financial results for the first quarter of the year ending March 2012:
 
Presentation Material (PDF:271KB)
 
Financial Results (PDF:295KB)
Financial and Business Data (PDF:92KB)
Financial Results for the First Quarter of the Year Ending March 31, 2012 (PDF:143KB)
Estimation for the Year Ending March 31, 2012 (PDF:151KB)
Reference Data (PDF:126KB)
 
More from Reuters including some excerpts:
 
Nikon lifts outlook on cameras, sticks to chip stepper target
 
"Aug 10 (Reuters) - Japan's Nikon Corp said on Monday it now expects unit sales of digital SLR cameras to jump 26 percent in the year to March 2012 to 5.4 million units, instead of its May forecast of a slight gain.
 
Nikon, which competes against Canon , also said it now expects compact camera sales to rise by 9 percent to 15.5 million units and sales of interchangeable lenses to grow 20 percent to 7.6 million units."
 
Nikon outlook breezes past expectations, cameras strong
 
"(Reuters) - Japan's Nikon Corp (7731.T) raised its forecast above market expectations on record sales of cameras and solid demand for LCD steppers used to make smartphone and tablet PC screens.
 
Nikon, which competes with market leader Canon Inc (7751.T) and Sony Corp (6758.T) in digital cameras, said on Monday it now expects to earn an operating profit of 86 billion yen ($1.1 billion) in the year to March 2012, up 27 percent from its previous forecast and beating the consensus estimate of 74 billion yen from 19 analysts polled by ThomsonReuters Starmine.
 
Sales and profit on digital SLRs, interchangeable lenses and compact cameras were the highest for an April-June quarter, despite a historically strong yen biting into profits.
 
Like Canon, which also lifted its forecast, Nikon said it was helped by a quicker-than-expected recovery from supply chain halts after Japan's March 11 earthquake."
 
"Nikon now expects sales of its digital SLRs to jump 26 percent in the year to March 2012 to 5.4 million units"
Posted: 8/10/2011 8:32:35 AM CT   Posted By: Bryan
Posted to: Nikon News
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