Q1 2024 Nikon Corp Earnings Presentation Transcript

Aug 08, 2023 / NTS GMT

Release Date Price: $12.24 (-4.15%)

Transcript

Muneaki Tokunari

Nikon Corporation - Director, Executive VP & CFO

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 JPY 158.1 billion. Operating profit was JPY 3.2 billion. Profit attributable to owners of parent was JPY 2.5 billion. Though revenue grew, but profit declined. So in terms of profit, we had a rather slow start. First, revenue was up JPY 12.5 billion. We had a good performance in Imaging Products business and Healthcare business.

Revenue from SLM Solutions in Germany, a Metal 3D Printer and Manufacturer that became a consolidated subsidiary in the fourth quarter of the previous

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