Nikon Warns Investors of "Extraordinary Losses" Associated with Nikon Metrology NV

In a recent publication directed to its investors and based on a reevaluation of future cash flow, Nikon announced that it will suffer "extraordinary losses" from its investment in Nikon Metrology NV, its Belgium subsidiary that produces "...laser scanners; coordinate measuring machines; portable measuring solutions; and in-process measurement, video and microscope measuring, X-ray and computed tomography (CT) inspection, large scale measurement, microscope, and semiconductor systems." (Bloomerg)

The reevaluation revealed that the fair market value of the investment in Nikon Metrology NV decreased by almost $95.6 million (10,343 million yen).