Nikon Corporation

Nikon Corporation

7731.T
Nikon CorporationJP flagTokyo Stock Exchange
2,222.00
JPY
+9.50
- -
731.95BMarket Cap
Nikon Corporation
7731.T
(Tokyo Stock Exchange)

Recent

price

2,222.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
2,238.74
2,316.89
2,548.11
2,472.22
2,162.32
2,121.65
1,891.17
1,809.83
1,788.48
1,531.06
1,229.01
1,469.5
1,753.33
2,070.7
2,086.39
2,057.47
1,113.89
Revenue per Share
68.89
149.57
107.07
118.05
46.29
75.55
10.01
87.76
167.86
19.93
-93.96
116.23
125.46
94.03
17.86
-261.57
65.71
Basic EPS, GAAP
254.09
-52.21
-25.13
205.49
123.45
185.25
168.93
225.5
102.23
-23.35
-49.39
20.5
-92.14
-70.58
-62.43
- -
15.33
Free Cash Flow per Basic Share
9.01
30.97
39.95
21.99
31.98
30.04
22.04
18.05
52.04
61.01
20.02
30.02
40.54
49.97
50.52
- -
25.02
Dividend per Share
851.85
806.61
871.73
970.28
1,208.5
1,246.43
1,249.28
1,320.09
1,432.31
1,428.5
1,424.04
1,542.41
1,654.29
1,773.55
1,687.68
1,472.53
1,764.59
Book Value per Share
882.24
1,010.16
1,154.78
1,295.43
1,330.73
1,176.71
1,187.29
1,293.64
1,407.12
1,281.98
1,347.35
1,499.38
1,336.76
1,520.07
1,381.9
1,496.64
1,444.08
Tangible Book Value per Share
396
397
397
397
397
396
396
396
396
386
367
367
358
346
343
329
346
Basic Weighted Avg Shares
887,512
918,651
1,010,493
980,556
857,782
841,040
749,273
717,078
708,660
591,012
451,223
539,612
628,105
717,245
715,285
677,163
385,949
Sales/Revenue/Turnover
6.09
8.72
5.05
6.42
5.06
4.19
0.1
7.84
11.66
1.14
-12.46
9.25
8.74
5.55
0.34
-16.61
6.77
Operating Margin (%)
34,033
32,570
36,225
42,477
38,458
38,811
33,972
31,706
27,805
34,105
28,027
24,857
29,056
35,666
44,189
- -
18,277
Depreciation Expense
27,312
59,305
42,459
46,824
18,364
29,947
3,967
34,772
66,513
7,693
-34,497
42,679
44,944
32,570
6,123
-86,088
22,769
Net Income, GAAP
41.27
31.17
31.36
37.3
47.61
24.03
- -
38.08
24.25
33.9
- -
26
24.14
24.69
- -
- -
16.82
Effective Tax Rate (%)
3.08
6.46
4.2
4.78
2.14
3.56
0.53
4.85
9.39
1.3
-7.65
7.91
7.16
4.54
0.86
-12.71
5.9
Profit Margin (%)
248,659
267,465
276,461
368,646
332,603
302,559
317,095
364,426
415,125
347,049
357,548
400,293
340,577
336,924
314,675
318,201
301,393
Working Capital
68,320
65,853
64,905
101,319
84,436
84,071
114,477
113,140
112,010
102,778
104,131
92,715
107,625
78,392
122,157
122,240
76,912
LT Debt
389,220
433,616
490,217
546,813
559,531
537,078
538,150
573,541
616,726
541,760
538,726
599,966
618,350
685,092
639,223
588,196
665,672
Total Equity
6.63
10.87
6.3
6.29
3.35
4.03
- -
5.01
8.57
0.63
- -
5.25
5.57
3.7
- -
- -
2.68
Return on Invested Capital (%)
6.62
14.44
10.36
10.11
3.45
5.51
- -
6.02
10.32
1.28
- -
6.75
7.15
5.15
- -
- -
3.55
Return on Capital (%)
8.38
18.04
12.76
12.82
4.25
6.15
0.8
6.83
12.2
1.38
-6.42
7.84
7.76
5.4
1.03
-16.19
3.78
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
88,313
- -
82,345
LT Borrowings
78,392
- -
76,912
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
346
- -
347
Market Capitalization
530,280
563,351
514,709

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
667,340
- -
644,274
Cash, Cash Equivalents & STI
222,552
- -
193,709
Accounts Receivable, Net
139,922
- -
114,182
Inventories
285,239
- -
314,332
Total Current Liabilities
330,416
- -
342,881
Payables & Accruals
- -
- -
- -
ST Debt
88,313
- -
82,345
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.21%
2.11%
-7.98%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-168.89%
-366.62%
-1,505.98%
Sales/Revenue/Turnover
-1.21%
8.92%
-5.33%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
158,146
173,150
197,616
188,333
717,245
2025
- -
- -
- -
- -
715,285
2026
- -
- -
- -
- -
677,163

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.44
20.86
43.79
- -
94.03
2025
- -
- -
- -
- -
17.86
2026
- -
- -
- -
- -
-261.57

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
24.4
0.56
24.5
- -
49.97
2025
- -
- -
- -
- -
50.52
2026
- -
- -
- -
- -
- -
Business
Nikon Corporation is a global technology company specializing in products and services based on applied optics and precision technologies. The company manufactures and sells digital cameras including mirrorless and DSLR cameras; interchangeable camera lenses under the NIKKOR brand; binoculars; microscopes and related imaging products; precision equipment such as semiconductor and FPD lithography systems; optical components; metal 3D printers; measurement and inspection systems; and digital manufacturing solutions. Nikon serves a diverse range of industries including consumer imaging, healthcare, semiconductors, and manufacturing, operating primarily in Japan, Asia, and international markets. Founded in 1917 and headquartered in Tokyo, Japan, Nikon emphasizes innovation and quality with a corporate philosophy of Trustworthiness and Creativity. Recent major changes include the introduction of new camera models such as the Z6III full-frame mirrorless camera and firmware updates significantly enhancing its flagship Z9 camera. Nikon launched new compact and affordable NIKKOR Z 35mm f/1.4 and 50mm f/1.4 lenses, and a high-magnification NIKKOR Z 28-400mm f/4-8 VR all-in-one zoom lens targeting travel photographers. The company announced development of a cine-focused zoom lens, signaling its strategic entry into the digital cinema market. Operationally, Nikon expanded manufacturing capacity by investing approximately $160 million to build two new factories in Japan dedicated to high-end lens production. Nikon also introduced a self-repair and parts service for certain camera models, enhancing customer service capabilities. Additionally, Nikon completed a corporate move to new Tokyo headquarters and expanded its Nikon Museum exhibit space by 30%. The company's strategic vision includes becoming a key technology solutions provider in a society where humans and machines co-create seamlessly through its Vision 2030 initiative. In 2024-2025, Nikon earned Intel’s EPIC Distinguished Supplier Award and formed technology collaborations such as with AFP to advance image provenance verification functions. Nikon's diversified business portfolio encompasses imaging products for professional and hobbyist photographers; precision equipment for semiconductor lithography; healthcare-related microscopes and optical systems; and digital manufacturing technologies. The company maintains subsidiaries and group companies worldwide to support its global business operations and sustain strong market positions across various high-technology sectors. Its continuous focus on research and development underpins its leadership in optics and precision technology fields. This comprehensive product range and recent strategic investments underscore Nikon's commitment to innovation and adaptation in competitive imaging and technology markets while broadening its presence in emerging areas like digital cinema and industrial manufacturing solutions. Nikon remains a leading global optics and technology brand with over a century of history, leveraging its advanced technological capabilities to meet evolving customer and industry needs.