Nikon reports second-quarter net profit of ¥7 billion

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.