Nikon Issues Jan 2012 Thailand Flood Damage Update

From Nikon:

5th Notice on the damage from the flood in Thailand

January 10, 2012

This is to advise you of the latest situations of Nikon (Thailand) Co., Ltd., a consolidated manufacturing subsidiary of Nikon Corporation in the Rojana Industrial Park in Ayutthaya Province located in Central Thailand, which is suffering damages from the flood.

1. Latest situations

Operations at the Nikon Thailand had been suspended since October 6. After completion of water pumping-out on November 26, we have been putting all our energy into restoring infrastructure and production equipment. We are now pleased to announce that partial operation at the factory resumed on January 3, earlier than expected, and production of certain digital SLR cameras and interchangeable lenses has started on the same day.

2. Recovery and latest estimation

Manufacture of production equipment and some parts is already being carried out at our Group facilities in Japan, and alternative and limited production of digital SLR cameras and interchangeable lenses is also continuing at our partner factories in Thailand since the end of November. With partial operation restart at Nikon Thailand, our plan remains unchanged to resume production of digital SLR cameras and interchangeable lenses to the normal level of volume by the end of March 2012.

Estimated impact on business results for the financial period ending March 31, 2012 remains unchanged from our announcement on November 4, we assure you to immediately advise new findings once it is judged there will be an important change for it.

We deeply apologize for your inconvenience caused by the disaster such as short supply of our products.