Q3 2020 Nikon Corp Earnings Presentation Transcript

Feb 06, 2020 / NTS GMT

Release Date Price: $12.36 (+0.19%)

Transcript

Masashi Oka

Nikon Corporation - Senior EVP, CFO & Representative Director

This is Oka, Vice President and CFO, Nikon Corporation. I would like to thank you for your precious time to attend the financial results for the third quarter of the year ending March 31, 2020. Allow me to explain the overview of the third quarter results as well as the full year outlook.

Revenue was JPY 154.3 billion, down JPY 37.1 billion year-on-year. Operating profit was JPY 4 billion, down JPY 17.9 billion. On the cumulative basis from the first to third quarter, revenue was JPY 444.4 billion, down JPY 81.8 billion year-on-year. Operating profit was JPY 21.5 billion, down JPY 31 billion.

Imaging Products, well, mirrorless camera sales increased steadily, but the decreased sales of DSLR pushed down profit substantially. And that said, restructuring efforts

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