We have published the the article on November 9th, 2014, that Nikon Sales Down – Still Making Profit in the same article we have also published the financial estimation for the year ending on March 31, 2015. Now according to article published today… Nikon results for the 3rd quarter of the year ending March 31, 2015 announced and they also published a revised consolidated financial forecast for the fiscal year ending March 31, 2015:
According to the forecast published today, the Nikon net sales are down and profit is down from 9 months, they also reported $0.14 earnings per share vs. the estimate of $0.22.
According to latest financial results for the 3rd quarter of the year ending March 31, 2015, the sales as well as income is also decreased for Q3 and 3 quarters total year on year. The good news is D-SLR and compact DSC almost achieved the sales volume forecast. But, the Q3 sales dropped 8% quarter on quarter, but operating income maintained the previous years ratio of approximately 11% by improving product mix and promoting cost reduction activities.
Nikon Imaging business estimation for the year ending March 31, 2015
Sales volume forecast for Q4 is reduced for digital camera-interchangeable lens type and interchangeable lens. Sales forecast remains unchanged, but operating income forecast is downwardly revised.
What do you think the real reason behind the drop of sales of Nikon camera… may be the ultra-fast development of mirrorless segment camera is responsible for shrinking DSLR market or advance smartphones crushed the compact camera world… or both reason is true ?.. share your thoughts with us