Nikon released their financial results for the year ended March 2024: With regard to market and customer trends during the fiscal year ended March 31, 2024, in the Imaging Products Business, both unit sales and sales amount remained solid in the digital camera market as a whole, backed by strong sales of mid- to high-end products. In the Imaging Products Business, the Group focused on expanding sales of mid- to high-end products and interchangeable lenses targeted at professionals and hobbyists, especially Z 8, Z f and other Z series full-frame mirrorless cameras. As a result, this business segment recorded revenue of 279,737 million yen (up 23.2% year on year) and operating profit of 46,542 million yen (up 10.3% year on year) due mainly to higher average unit selling prices and the positive effects of the yen depreciation. Regarding the business environment for the full fiscal year ending March 31, 2025, in the Imaging Products Business, the digital camera market, especially for mid-to high-end products, is expected to remain solid. Update – Nikon acquired RED for $85 million: Nikon acquired RED for $85 million Nikon’s overall financial result: Nikon Imaging Products Business financial result: Nikon Imaging Products Business forecast for next year: Nikon Imaging status of business operations: Nikon earnings by business: Nikon Imaging Products Business sales units: Nikon initiatives aimed at earnings expansion: Source: Nikon The post Nikon’s yearly financial results are out (for the year ended March 2024) appeared first on Nikon Rumors. Related posts: Nikon releases financial...
Published By: Nikonrumors - Thursday, 9 May, 2024