Nikon Q1 Net Income Rises
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Nikon Corp. reported a significant increase in its first quarter profit, reaching 9.47 billion yen, up from 2.75 billion yen last year. Earnings per share rose to 28.64 yen from 7.91 yen. However, revenue declined by 3.5% to 158.12 billion yen. For the first half, the company projects a profit of 5.0 billion yen and revenue of 313.0 billion yen, with an annual forecast of 27.0 billion yen profit and 700.0 billion yen revenue for the fiscal year ending March 31, 2026.
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