Digital Camera News
Nikon Yearly Profit Doubles
May 14, 2007 – Nikon last week announced its net income nearly doubled this year, with strong sales in its digital camera division. Nikon reported a net income of 54.82 billion yen ($455.4 million USD), up 89.4 percent from 28.94 billion yen ($240.4 million) year-over-year. Nikon, which is celebrating its 100th anniversary, nearly doubled its net profit. Nikon’s imaging department performed particularly well, with sales rising over 51 percent.
The manufacturer recently announced its New Vision goals, with the slogan "Our Aspirations – Meeting needs. Exceeding expectations."
"Taking major changes of social and business environment into consideration, new vision is formulated based on Nikon’s identity, continuous study of light, and our unwavering corporate philosophy…," explained a May 10th company press release.
The manufacturer sited "trustworthiness and creativity" to be the core of the mission statement with an explanation of its logo. The yellow background on the Nikon logo represents passion, while the black Nikon text represents high quality, according to the release.
Nikon predicts that net income will rise nearly 12 percent to 48.0 billion yen in the next fiscal year.
Latest News
& Reviews
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09-Feb-2012
Panasonic Lumix ZS15 First Impressions Review
Even the lesser of the new Panasonic travel zooms, the ZS15 could be a great value. Even without hot-button extras, it has almost all of the elements we look for in a travel zoom. Read More...
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08-Feb-2012
Nikon D800 First Impressions Review
We’ve taken the Nikon D800 for a spin here at CP+ 2012 in Japan, and we came away impressed with the camera’s capabilities, especially at a sub-$3000 price point. Read on for our full impressions of Nikon’s latest DSLR. Read More...
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