Nikon reports nearly 5 billion yen loss in first quarter, due to tariffs

Nikon reported first-half profit of 5.36 billion yen, an increase of 80.7% from the prior year. Earnings per share were 16.20 yen compared to 8.51 yen. The company noted the increase was due to the recording of deferred tax assets and income taxes deferred on deductible temporary differences associated with the resolution to dissolve and liquidate Nikon Metrology NV, a consolidated subsidiary of the company. Nikon Corp. posted a first-half operating loss of 4.8 billion yen compared to a profit of 5.8 billion yen in, previous year. Revenue was 312.9 billion yen, down 6.0% from last year.

Nikon lost nearly 5 billion yen ($31.3 million) from April to September 2025, primarily because of U.S. tariff policy. By the end of the fiscal year next March, Nikon expects the full tariff impact on its operations to be 7.5 billion yen ($48.9 million at current exchange rates).