Facing huge losses? Nikon 2020 earnings forecast

  This article comes from Hummingbird.

   Recently, Nikon has issued a statement to investors stating that Nikon will face huge losses in the 2020 fiscal year that ends in March. In short, Nikon said that most of Nikon’s business has slowed or even stopped production due to the impact of the COVID-19 epidemic, and product sales have also been significantly affected. Nikon specifically mentioned its imaging product business, which is suffering 5.7 billion. The yen’s impairment loss.

Facing huge losses? Nikon 2020 earnings forecast

  In fiscal year 2020, Nikon expects revenue and operating profit will be respectively It was 591 billion yen and 6 billion yen, down 4.7% and 70% from the previous forecast. Nikon is currently revising its financial report for the entire year, and the full content of the 2020 fiscal year will be announced on May 28.

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