Nikon raised its consolidated earnings forecast for the fiscal year ending March 2027 on an IFRS basis. Revenue is expected to fall short of the previous forecast because of weaker demand in the camera market, but strong demand for semiconductor manufacturing equipment will lead to an increase in operating profit.
Nikon <7731> revised its consolidated earnings forecast for the fiscal year ending March 2027 under IFRS. Revenue is expected to fall short of the previous forecast because of declining demand in the camera market, but strong demand for semiconductor manufacturing equipment provided a tailwind, and the operating profit forecast was raised from ¥11 billion to ¥16.5 billion.
The news cited lower demand in the camera market as a factor behind the decline in revenue, while the solid performance of the semiconductor manufacturing equipment business was identified as a factor supporting earnings. The forecast change was disclosed on a consolidated basis under IFRS.