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Nikon ( (JP:7731) ) has shared an announcement.
Nikon has announced the recognition of one-time costs totaling ¥14.2 billion due to revised business plans in response to changes in customer investments and a sluggish semiconductor market. This has led to a downward revision of its consolidated financial and dividend forecasts for the fiscal year ended March 31, 2025. The company’s revenue is expected to fall slightly short of previous forecasts, with significant declines in operating profit and profit before tax attributed to underperformance in its Imaging Products and Digital Manufacturing Businesses. Consequently, the year-end dividend per share has been adjusted from ¥30 to ¥25, reflecting the anticipated decline in profit attributable to owners.
More about Nikon
Nikon is a prominent player in the precision equipment industry, primarily known for its imaging products and digital manufacturing services. The company focuses on providing advanced optical and precision technologies, catering to both consumer and industrial markets.
YTD Price Performance: 14.51%
Average Trading Volume: 206
Technical Sentiment Signal: Sell
Current Market Cap: $3.28B
Learn more about 7731 stock on TipRanks’ Stock Analysis page.