NIKON CORPORATION (7731) Stock Price

Market cap
¥639.7B
P/E ratio
-7.4x
Nikon makes cameras, semiconductor equipment, medical devices, and optical components for professionals and consumers worldwide across five main business areas.

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Business Overview

Nikon operates five business segments: Imaging, Precision Equipment, Healthcare, Components, and Digital Manufacturing. These businesses are comprised of Nikon and 85 consolidated subsidiaries, as well as 10 affiliated companies and joint ventures accounted for using the equity method.

The Imaging business provides cameras and lenses. Digital SLR cameras and mirrorless cameras are the core products, serving a wide range of users from professionals to enthusiasts.

The Precision Equipment business manufactures semiconductor production equipment and FPD (flat panel display) manufacturing equipment. These products play a critical role in supporting precision manufacturing processes.

The Healthcare business offers medical devices and bioscience-related products. Microscopes and image analysis systems are particularly noteworthy, addressing needs in medical and research fields.

The Components business manufactures optical components and precision instruments. These products are widely used across various industries and represent Nikon's technological expertise.

The Digital Manufacturing business provides solutions utilizing 3D printing and digital manufacturing technologies. This supports manufacturing efficiency improvements and new product development across the industry.

Management Policy

Nikon aims to become "a core company in a society where people and machines co-create value" as its growth strategy toward 2030. Based on this vision, Nikon has formulated a medium-term management plan from 2022 to 2025 and is implementing measures to achieve its 2030 targets. Nikon seeks to become a partner that supports customer innovation by anticipating technological advancement and changes in the social environment.

Nikon's growth strategy focuses on expanding revenue across five business segments: imaging, precision equipment, healthcare, components, and digital manufacturing. In particular, the company is concentrating growth investments in three key areas—professional video cameras, next-generation lithography systems, and metal additive manufacturing—to strengthen competitiveness. This approach balances near-term performance recovery with long-term growth.

In the imaging business, Nikon is pursuing new customer acquisition, including younger demographics, and expanding the professional video market through collaboration with RED Digital Cinema. In the precision equipment business, the company plans to increase revenue by developing semiconductor manufacturing equipment and diversifying its customer base. In the healthcare business, Nikon is opening new markets through system microscopes and expanded applications.

Nikon positions sustainability as "contributing to society through innovation," creating value that addresses environmental challenges and supports SDG achievement. The company is also strengthening human capital management with a focus on developing solution engineers. Nikon is advancing digital transformation and establishing a global compliance framework to drive sustained corporate value growth.

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