Nikon Records All-Time Profit High, DSLRs Leading Sales

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Kyodo News in Tokyo reports that Nikon has posted record profits this year – all-time highs – driven by brisk sales of its digital cameras, with its digital SLRs leading the charge.

The report said Nikon recorded a net profit of 75.48 billion yen (about $727 million), up 37.7 percent over the previous year, on a 16.2 percent increase in sales to 955.79 billion yen.

Nikon attributed the record-breaking performance to the continued growth of the market for digital cameras. In particular, the company captured the biggest share of the domestic market for single-lens reflex (SLR) digital cameras.

The Japanese camera maker plans to pay a full-year dividend of 25 yen per share for fiscal 2007, up from the previous year’s 18 yen and including 11.5 yen for the fiscal first half.


Published by Chris Malinao

Chris teaches Lightroom as workflow software to photography students at the FPPF, Federation of Philippine Photographers Foundation. He also teaches smartphone photography.