Nikon Corp. has stated that its net sales have decreased by 12.5% to 857.7 billion yen. Operational profits dipped by 77.7% to 7.319 billion yen. The net profit sank by 26.2% to 28.223 billion yen for the fiscal year 2014/15. The company has begun a structural reform in order to re-build its business portfolio. The idea is to transform into a business model capable of realising sustained growth based on the three year medium term management plan introduced in June 2014.
When it comes to the performance of the imaging products business, digital cameras and interchangeable lens types were stronger for D750 and D810. As a result of foregoing and despite a downturn in the market, net sales decreased by 14.5% to 586 billion yen and operating profit by 11.8% to 56.69 billion yen.
For the fiscal year ending March 2016, the company estimates a net sales of 860 billion yen along with an operating profit of 30 billion yen and a net income of 20 billion yen. 4.25 million units of interchangeable lens cameras will be produced; 8% less than the previous year. 6.1 million units of interachangeable lens will be produced; 9% less than the previous year. The sale of compact cameras will drop by nearly 20%. Due to this, operating profit of the imaging division will decline by 33% to 38 billion yen.
