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Revision to earnings forecasts7731NIKON CORPORATIONElectric Appliances & Precision Instruments

Notice Regarding Revisions to the Consolidated Earnings Forecast for the Fiscal Year Ending March 2027

For the interim period of the fiscal year ending March 2027, revenue was revised down slightly, while operating profit and interim profit attributable to owners of the parent were raised from loss forecasts to profit forecasts. For the full year, revenue was also revised down, while the forecasts for operating profit and net income were raised.

Worth reading
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Direction
Mixed performance
Direction inferred from the company’s description.
Scale
60
% (change in full-year profit attributable to owners of the parent)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 6 August 2026
Net SalesSecond quarter (interim period)336,000→334,500million
-0.4%
Net SalesFull year732,000→722,000million
-1.4%
Operating profitSecond quarter (interim period)-5,500→9,000million
+263.6%
Operating profitFull year11,000→16,500million
+50.0%
Profit attributable to owners of the parentSecond quarter (interim period)-2,500→10,500million
+520.0%
Profit attributable to owners of the parentFull year10,000→16,000million
+60.0%
Net income per shareSecond quarter (interim period)-7.59→31.87Yen/sen
+519.9%
Net income per shareFull year30.36→48.57Yen/sen
+60.0%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

For the interim period, operating profit is expected to exceed the previous forecast due to higher-than-expected service revenue in the Precision Equipment Business, benefiting from strong semiconductor market conditions; lower selling, general and administrative expenses resulting from cost controls and the deferral of certain expenditures; and tariff refunds in the United States and other factors. For the full year, revenue was revised down following a review of the Imaging Business's sales plan for the second half, while profit forecasts for the Precision Equipment, Healthcare and Industry businesses were raised.

Previous-period resultsSecond quarter (interim period) Revenue ¥312,915 million, operating loss ¥4,829 million, loss before tax ¥5,265 million, interim profit attributable to owners of the parent ¥5,356 million, basic interim earnings per share ¥16.28 / Full year Revenue ¥677,163 million, operating loss ¥112,448 million, loss before tax ¥106,511 million, net loss attributable to owners of the parent ¥86,088 million, basic earnings per share ¥261.57 loss
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesSecond quarter (interim period) 336,000 / Full year 732,000 → Second quarter (interim period) 334,500 / Full year 722,000(Second quarter (interim period) △0.4% / Full year △1.4%)
Operating profitSecond quarter (interim period) -5,500 / Full year 11,000 → Second quarter (interim period) 9,000 / Full year 16,500(Second quarter (interim period) Not disclosed / Full year 50.0%)
Profit attributable to owners of the parentSecond quarter (interim period) -2,500 / Full year 10,000 → Second quarter (interim period) 10,500 / Full year 16,000(Second quarter (interim period) Not disclosed / Full year 60.0%)
Net income per shareSecond quarter (interim period) -7.59 / Full year 30.36 → Second quarter (interim period) 31.87 / Full year 48.57
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSecond quarter (interim period) and full year
Publication date of previous forecast6 August 2026
Previous-period resultsSecond quarter (interim period) Revenue ¥312,915 million, operating loss ¥4,829 million, loss before tax ¥5,265 million, interim profit attributable to owners of the parent ¥5,356 million, basic interim earnings per share ¥16.28 / Full year Revenue ¥677,163 million, operating loss ¥112,448 million, loss before tax ¥106,511 million, net loss attributable to owners of the parent ¥86,088 million, basic earnings per share ¥261.57 loss
Reason for the revisionFor the interim period, operating profit is expected to exceed the previous forecast due to higher-than-expected service revenue in the Precision Equipment Business, benefiting from strong semiconductor market conditions; lower selling, general and administrative expenses resulting from cost controls and the deferral of certain expenditures; and tariff refunds in the United States and other factors. For the full year, revenue was revised down following a review of the Imaging Business's sales plan for the second half, while profit forecasts for the Precision Equipment, Healthcare and Industry businesses were raised.
Consolidated / non-consolidatedConsolidated
Items this document does not state (3)
Ordinary incomeDetails and amount of extraordinary lossDividend forecast revision

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.

For the interim period, operating profit is expected to improve due to higher-than-expected service revenue in the Precision Equipment Business, benefiting from strong semiconductor market conditions; lower selling, general and administrative expenses resulting from cost controls and the deferral of certain expenditures; and tariff refunds in the United States. For the full year, revenue was revised down following a review of the Imaging Business's sales plan for the second half, while profit forecasts for the Precision Equipment, Healthcare and Industry businesses were raised.

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Notice Regarding Revisions to the Consolidated Earnings Forecast for the Fiscal Year Ending March 2027 | NIKON CORPORATION (7731) timely disclosure | Komori