Full Year 2021 Nikon Corp Earnings Presentation Transcript

May 13, 2021 / NTS GMT

Release Date Price: $8.82 (-2.38%)

Transcript

Muneaki Tokunari

Nikon Corporation - Director, Executive VP & CFO

This is Tokunari. Thank you indeed for your kind attendance. Please turn to Slide 3. First, I'd like to go through the summary for FY '21 March for the full year results. Revenue was JPY 451.2 billion, a big decline year-on-year basis. Of the JPY 139.8 billion, Imaging Products accounts for about JPY 75 billion due to the market shrinkage and COVID-19. Precision Equipment business was down about JPY 60 billion, mainly due to the postponed installation of FPD systems. Operating profit was negative JPY 56.2 billion.

Excluding the onetime costs, including impairment of fixed assets as much as JPY 55.6 billion, the loss was limited

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