Nikon has announced that it had revised its profit forecast for the year ended 31 March 2009, to ¥28,000. This represents a change of +4,000 yen, or +16.7%, over the previous forecast. On the other hand, it is still a 63% decline versus last year, blamed on the global economic slowdown triggered by the global financial crisis, as well as the appreciation of the yen and a decline of the stock market.

Source: Nikon’s Revision of the Forecasts of Financial Results

Your Comments