We don’t know the reason why this happened, but Nikon’s financial results recently came out, showing an overall decline in profits with a huge margin, specifically in the third quarter of the fiscal year ending March 2025.
As the report says, they have achieved only 39.1% of the sales target, so it doesn’t look that good. This is what they projected or what they thought—they have achieved only approximately 40% of that.
The company’s consolidated net profit from April to December fell 74.9% year over year and dropped to 6.26 billion. And now Profits for the most recent quarter (October-December) dropped 78.3% to 3.29 billion yen. Now, Nikon expects a 28.2% profit increase in the months of January to March, bringing the net profit to an overall figure of 9.73 billion yen.
The biggest thing that I have noticed is that their operating profit margin has also shrunk from 10.5% to 1.3%, which is really not good for any company out there, whether it’s a camera maker or a cellphone maker.
When a company’s operating profit margin drops to 1%, it indicates that the company is barely making money from its core business operations.
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source – kabutan.jp vai digicameinfo
Nikon is going bankrupt if this continues.
All inside contacts said there is need for restructuring until year end.
If no new Z8ii and z9ii with new sensor and tech come they have nothing to turn this around.
The Z6iii has flickering problems (cheap Sony sensor they ordered) and failed to sell volumes.
https://m.youtube.com/@testcams/videos
A7V that is coming soon has strong sensor and will crush all competition.
Bad times ahead.