Nikon : Notice Regarding the Revision of the Consolidated Financial Forecast for the Fiscal Year Ending March 31, 2022.
February 03, 2022 at 01:09 am EST
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February 3, 2022
Notice Regarding the Revision of the Consolidated Financial Forecast
for the Fiscal Year Ending March 31, 2022
This is to announce that the consolidated financial forecast for the fiscal year ending March 31, 2022 announced on October 29, 2021 is revised as below.
1. Revision of the Consolidated Financial Forecast
Consolidated Financial Forecast for the Fiscal Year ending March 31, 2022 (From April 1, 2021 to March 31, 2022)
Revenue
Operating Profit
Profit before Taxes
Profit Attributable to
Basic Earnings
Owners of Parent
per Share
(Millions of yen)
(Millions of yen)
(Millions of yen)
(Millions of yen)
(Yen)
Previous Forecast (A)
535,000
34,000
39,000
29,000
78.98
(Announced on October 29, 2021)
New Forecast (B)
550,000
47,000
53,000
39,000
106.21
Difference (B) - (A)
15,000
13,000
14,000
10,000
-
Change (%)
2.8%
38,2%
35.9%
34.5%
-
(Reference)
451,223
-56,241
-45,342
-34,497
-93.96
The Fiscal Year ended March 31,2021
2. Background of the Revision of the Consolidated Financial Forecast
The Company's consolidated results have remained on a trend stronger than that in the previous forecast. In the Imaging Products Business, supply and demand for cameras and lenses, including newly released mirrorless cameras, are found to be tighter than expected. Meanwhile, in the Precision Equipment Business, system maintenance and other service-related business remains solid for both FPD and semiconductor lithography systems. Further, in the Healthcare Business, sales volumes of biological microscopes and retinal imaging systems are expected to exceed the forecasts. In the Components Business, sales of such products as EUV related components and optical parts are expected to grow more than previously expected against a backdrop of the brisk semiconductor market.
In light of these circumstances, the consolidated financial forecast for the fiscal year ending March 31, 2022, announced on October 29, 2021, has been revised upward as shown above.
The above consolidated financial forecast is based on the assumption of foreign exchange rates for the fourth quarter of 1 USD = 115 Yen and 1 EUR = 130 Yen.
Forecast in this disclosure is made by management in light of information currently available. A number of factors could cause actual results to differ materially from those disclosed as above.
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Nikon Corporation published this content on 03 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2022 06:08:14 UTC.
Nikon Corporation specializes in the design, manufacturing and marketing of photographic and optic equipments. Net sales break down by family of products as follows:
- precision industrial equipments (39.1%): scanners, LCD steppers, lithography systems, etc.;
- imaging equipments (33%): especially cameras and camcorders;
- diagnostic instruments, microscopes and retinal imaging devices (13.6%);
- optical components (7.6%);
- other (6.7%): industrial measuring instruments, ophthalmic lenses, binoculars, telescopes, magnifiers, etc.
Net sales break down geographically as follows: Japan (18.2%), China (28.4%), the United States (24%), Europe (13.4%) and other (16%).