Nikon reports second-quarter net profit of ¥7 billion

GaryPageau

Nikon Corp. reported a net profit of ¥7 billion for the second quarter ending Sept. 30, 2022, a decline from the year-ago profit of ¥10.6 billion. For the second quarter, revenues rose 1.4% year over year to ¥142.7 billion.

 

Imaging Products, which is 37.4% of Nikon’s total revenues, had revenues rose 36% year-over-year to ¥53.3 billion in the reported quarter, owing to higher sales of Z 9 full-frame mirrorless camera and yen depreciation.

In the second quarter, Nikon reported an operating profit of ¥9.1 billion compared with the year-ago quarter’s operating profit of ¥12.2 billion.

The Imaging Products segment’s operating profit was ¥8.6 billion compared with the operating profit of ¥3.3 billion in the year-ago quarter.

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Gary Pageau is principal of InfoCircle LLC, continuing his marketing communications career. InfoCircle LLC is a marketing and communications consulting firm, specializing in business-to-business markets. For nearly 25 years, he was with PMA International, serving most recently as Publisher, Content Development and Strategic Initiatives. His primary responsibilities included overseeing the Association’s editorial department, marketing research unit, education and corporate relations department.