Recognition of one-time charges (impairment losses on fixed assets and inventory write-downs)
NIKON CORPORATION (the filing company)
Semiconductor lithography equipment business, fixed assets and inventories in the Precision Equipment Business
The recoverable amount of fixed assets fell below their carrying amount due to the sluggish semiconductor lithography equipment business in the Precision Equipment Business, and the holding period for inventories has lengthened.
Consolidated: ¥5.8 billion in impairment losses on fixed assets, ¥5.6 billion in inventory write-downs and total one-time charges of ¥11.3 billion. Non-consolidated financial statements (Japanese GAAP): ¥5.6 billion in impairment losses on fixed assets, ¥5.6 billion in inventory write-downs and total one-time charges of ¥11.2 billion. All of these amounts will be recognized as one-time charges.
The fourth quarter of the fiscal year ending March 2026
The Company plans to explain its full-year consolidated results for the fiscal year ending March 2026, including the above one-time charges, at the earnings announcement on 8 May 2026. Whether the earnings forecast will be revised and the revised figures are Not disclosed.
The Company plans to explain its full-year consolidated results for the fiscal year ending March 2026, including the above one-time charges, at the earnings announcement on 8 May 2026.
Earnings announcement on 8 May 2026
| Item | Details |
|---|---|
| Event name | Recognition of one-time charges (impairment losses on fixed assets and inventory write-downs) |
| Date of occurrence | Fourth-quarter consolidated accounting period of the fiscal year ending March 2026 (specific date Not disclosed) |
| Date recognized / date notice received | 30 April 2026 (the date on which the Company decided to recognize the charges) |
| Subject Entity | NIKON CORPORATION (the filing company) |
| Target Locations / Products | Semiconductor lithography equipment business, fixed assets and inventories in the Precision Equipment Business |
| Cause | The recoverable amount of fixed assets fell below their carrying amount due to the sluggish semiconductor lithography equipment business in the Precision Equipment Business, and the holding period for inventories has lengthened. |
| Amount of Impact on Business Performance | Consolidated: ¥5.8 billion in impairment losses on fixed assets, ¥5.6 billion in inventory write-downs and total one-time charges of ¥11.3 billion. Non-consolidated financial statements (Japanese GAAP): ¥5.6 billion in impairment losses on fixed assets, ¥5.6 billion in inventory write-downs and total one-time charges of ¥11.2 billion. All of these amounts will be recognized as one-time charges. |
| Accounting period in which recognized | The fourth quarter of the fiscal year ending March 2026 |
| Impact on Earnings Forecast | The Company plans to explain its full-year consolidated results for the fiscal year ending March 2026, including the above one-time charges, at the earnings announcement on 8 May 2026. Whether the earnings forecast will be revised and the revised figures are Not disclosed. |
| Outlook | The Company plans to explain its full-year consolidated results for the fiscal year ending March 2026, including the above one-time charges, at the earnings announcement on 8 May 2026. |
| Planned follow-up disclosure | Earnings announcement on 8 May 2026 |
Items this document does not state (14)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The recoverable amount of fixed assets fell below their carrying amount due to the sluggish semiconductor lithography equipment business in the Precision Equipment Business, and the holding period for inventories has lengthened.