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Nikon imagine business profit down this year

Nikon-financial-results-FY2016

Nikon financial report published and nothing too happy about the overall net income of Nikon is up 20% but the photography business operating income and net sales are down this year compared to the previous years.

Nikon financial results for the year (ending on March 31, 2016)

“The sales volume of digital SLR cameras decreased, resulting in 11% sales reduction and 19% operating income reduction from the previous year. Partly because of the negative exchange rate impact, both sales and operating income did not reach the forecasts.”

 

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