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Nikon Records Decline in Profits but Expands Portfolio

The latest update is out from Nikon ( ($JP:7731) ).

Nikon Corporation reported a significant decline in its financial performance for the nine months ending December 31, 2024, with operating profit dropping by 76.4% compared to the previous year. Despite this downturn, the company continues to strategically expand its portfolio by acquiring RED Digital Cinema, Inc., aiming to strengthen its position in the digital imaging market.

More about Nikon

Nikon Corporation operates in the imaging and optics industry, focusing on manufacturing cameras, precision equipment, and related products. Its market focus includes both consumer and professional segments, leveraging its expertise in imaging technology to maintain a competitive edge.

YTD Price Performance: 2.93%

Average Trading Volume: 1,131

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.59B

Find detailed analytics on 7731 stock on TipRanks’ Stock Analysis page.

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