Nikon Releases 3Q of the Year Ending March 2019 Financial Results

Nikon has released its 3Q financial results for the fiscal year ending March 2019.
 
Nikon 3Q of the Year Ending March 2019 Financial Results
 
Notes from the Presentation Material:
 
  • Imaging Products Business decreased its revenue (down 3% from the previous quarter) due to declined sales volume of digital cameras.
  • Year-over-year revenue in the imaging business was down 22%.
  • High-end camera sales was brisk thanks to the new [mirrorless] launch, but fierce competitions in the shrinking entry/mid-range DSLR markets suppressed the volume largely in addition with the initial cost, resulting in revenue/profit reductions.
Posted: 2/7/2019 6:45:35 AM CT   Posted By: Sean
Posted to: Nikon News
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