日本尼康公司股价下跌8.6%。 ...

Financial Data and Key Metrics Changes - For the cumulative results from Q1 to Q3, there was a decrease in both revenue and operating profit compared to the previous year, attributed to a decline in semiconductor-related sales and one-time costs of approximately ¥5 billion due to headquarters relocation [2][5][28] - The third quarter alone also showed a decrease in revenue and operating profit, with one-time costs of approximately ¥2.1 billion including restructuring costs and impairment losses [3][5][28] Business Line Data and Key Metrics Changes - **Imaging Products Business**: Revenue increased by ¥13.7 million year-on-year to ¥235.6 billion, and operating profit increased by ¥900 million to ¥43.8 billion, driven by new product launches [7][36] - **Precision Equipment Business**: Revenue decreased by ¥29.6 billion year-on-year to ¥124.9 billion, with operating profit down by ¥11.7 billion to a loss of ¥600 million, primarily due to a decline in semiconductor sales [10][37] - **Healthcare Business**: Overall revenue increased by ¥4.7 billion year-on-year to ¥81.5 billion, but operating profit decreased by ¥800 million to ¥2.1 billion due to market stagnation in Life Science Solutions [12][39] - **Components Business**: Revenue decreased by ¥10.3 billion to ¥49 billion, and operating profit decreased by ¥7.1 billion to ¥3.6 billion due to a decline in EUV-related component sales [13][40] - **Digital Manufacturing Business**: Revenue increased by ¥4.3 billion year-on-year to ¥18.2 billion, but operating profit saw a deficit of ¥1.7 billion [14][41] Market Data and Key Metrics Changes - The Imaging Products Business continues to be a major pillar of earnings, focusing on mid to high-end models for professionals and hobbyists [9][36] - The Healthcare Business is experiencing signs of recovery in Europe and the United States, despite concerns about high interest rates in the U.S. and economic downturn in China [50][49] Company Strategy and Development Direction - The company aims to significantly increase its share in the ArF immersion lithography systems market, expected to expand as 3D technology is adopted in DRAM and logic segments [21][29] - The Imaging Products Business will focus on expanding sales of mirrorless cameras and launching new products in the next fiscal year [30][57] Management's Comments on Operating Environment and Future Outlook - The management noted that the semiconductor-related business is expected to recover in the second half of the next fiscal year, although the order environment remains unclear [56][29] - Concerns about excess inventory in the camera market, particularly in China, were highlighted, but the overall camera market continues to expand [46][45] Other Important Information - The full-year operating profit forecast has been revised down by ¥3 billion to ¥19 billion due to a decline in sales in the Components Business [28][55] - The company plans to maintain the annual dividend at ¥55 and has initiated a share buyback program [42][43] Q&A Session Summary Question: What are the expectations for the semiconductor-related business recovery? - Management expects the semiconductor-related business in the Precision Equipment and Components Business to recover in the second half of the next fiscal year, but the order environment is still unclear [56][29] Question: How is the company addressing the concerns about excess inventory in the camera market? - The company is maintaining its sales volume forecasts for interchangeable lens cameras and lenses, while acknowledging concerns about excess inventory, particularly in China [46][45]

Nikon Corporation (OTCPK:NINOY) Q2 2025 Earnings Conference Call November 7, 2024 1:00 AM ET Company Participants Muneaki Tokunari - President Yasuhiro Ohmura - Deputy CFO Conference Call Participants Muneaki Tokunari Good afternoon everyone. I am Muneaki Tokunari, President of Nikon Corporation. Thank you very much for taking time to join us today. I will explain the progress of our medium term management plan. Please look at Slide 3. The current medium term management plan spans a period of four years, an ...

Financial Data and Key Metrics Changes - Revenue for Q1 2025 was JPY163.8 billion, with an operating profit of JPY2.9 billion and profit attributable to owners of parent at JPY2.7 billion, indicating revenue growth but stable profit compared to last year [1][2] - Free cash flow turned negative at JPY8 billion due to acquisition-related expenses, despite operating cash flow being positive at JPY17.5 billion for three consecutive quarters [3] Business Segment Performance - Imaging Products Business: Revenue increased to JPY83.7 billion, up JPY9.3 billion year-on-year, with operating profit rising to JPY17.8 billion, up JPY2.5 billion, driven by strong sales of mirrorless cameras and the weak yen [4][5] - Precision Equipment Business: Revenue decreased to JPY33.1 billion, down JPY4.2 billion year-on-year, with an operating loss of JPY2.1 billion due to delayed installations of semiconductor lithography systems [5][6] - Healthcare Business: Revenue was up JPY1 billion year-on-year, but operating profit declined by JPY2.4 billion, resulting in a deficit of JPY600 million due to sluggish sales in the U.S. and Europe [7] - Components Business: Revenue and operating profit decreased year-on-year due to semiconductor market conditions and delayed recovery in factory automation [9] - Digital Manufacturing Business: Revenue grew due to strong sales of large format metal 3D printers, with a reduction in losses as planned [8] Market Data and Key Metrics Changes - The weak Japanese yen positively impacted revenue growth across several segments, particularly in imaging products [2][4] - The healthcare business faced challenges due to high interest rates affecting customer investments, particularly in the U.S. and Europe [7][15] Company Strategy and Development Direction - The acquisition of RED aims to enhance product development in the professional digital cinema market, despite short-term increases in expenses [5] - The company revised its revenue forecast downward for the first half of the year but maintained its full-year profit forecasts, indicating a cautious approach to market conditions [9][10] Management Comments on Operating Environment and Future Outlook - Management acknowledged a sluggish start for operating profit and profit attributable to owners of parent, similar to the previous year, but expressed optimism for the imaging products business [18] - The company aims to achieve operating profit of JPY35 billion and profit attributable to owners of parent of JPY30 billion while managing risks carefully [18] Other Important Information - The company revised its forecasts for various segments, reflecting changes in market conditions and sales timing, particularly in precision equipment and healthcare [10][12] - The digital manufacturing business is expected to remain stable, with no changes to revenue and profit forecasts [17] Q&A Session Summary - No specific questions or answers were documented in the provided content, indicating the end of the Q&A session without notable inquiries or discussions [18]

Company Participants Good afternoon dear participants. This is Tokunari present. I would like to thank you for your precious time out of your busy schedule to attend Nikon's Financial Results Briefing. Annual dividend is ¥50 as we had forecasted. The top of the slide shows the revenue and the profit items, which I have just explained. As for the free cash flow in the center of the table, the deficit has been improved more than ¥100 billion since last year. ASP or average selling price also rose with the hel ...

Company Participants Muneaki Tokunari Over the past six quarters, we continued a negative free cash flow due to the M&A we had in order to expand our business operations as well as the increased inventory. We intend to conduct our business operations while keeping an eye on the free cash flow. For the entire Precision Equipment business, the ARF lithography systems grew in sales, but it was not good enough to overcome the profit decline in the profitable service business and FPD business. For your informati ...

Financial results for the 2nd quarter of the year ending March 31, 2024 November 9, 2023 NIKON CORPORATION 1. Progress of the Medium-Term Management Plan 2. Financial results for the 2nd quarter of the year ending March 31, 2024 3. Forecast for the year ending March 31, 2024 2 Medium-Term Management Plan: Overview Source: Progress Report on Medium-Term Management Plan slide deck Substantial challenges Where we will be in 2025 Providing Products and Services optimized to meet our customer needs Direction for ...

Nikon Corporation (OTCPK:NINOY) Q2 2024 Earnings Conference Call November 11, 2023 1:00 PM ET Company Participants Toshikazu Umatate - President, CEO, CTO Muneaki Tokunari - CFO Conference Call Participants Toshikazu Umatate I am Umatate, Representative Director and the President of Nikon. Thank you very much for taking time out of your busy schedule to join us today for our earnings call. I will discuss the current business situation and the specific progress of our growth strategy. In April last year, we ...

Nikon Corporation (OTCPK:NINOY) Q1 2024 Results Conference Call August 8, 2023 2:00 AM ET Company Participants Muneaki Tokunari - CFO Muneaki Tokunari This is Tokunari, CFO. I would like to thank you for your precious time despite your business schedule to attend our financial results briefing. Today, I would like to report on our first quarter results as well as our forecast for the full year. Allow me first to explain the first quarter results. Revenue was JPY158.1 billion. Operating profit was JPY3.2 bil ...

Nikon Corporation (OTCPK:NINOY) Q4 2023 Earnings Conference Call May 11, 2023 2:00 AM ET Company Participants Muneaki Tokunari - CFO Toshikazu Umatate - President Conference Call Participants Muneaki Tokunari Good afternoon. I am Tokunari, CFO of the company. Thank you very much for coming to our Financial Results Meeting, despite your busy schedules. I have three points; action to improve PBR, which is below one, irresponsible to the request from the Tokyo Stock Exchange. Financial results for the year end ...