Nikon 1999 Annual Report Download - page 9

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erized numerical control video measuring systems
augmented by the launch of the NEXIV VM-1000N,
which permits measurement of much larger objects.
However, a lack of capital investment by the Japanese
machine tool industry contributed to a decline in sales
in this sector.
NEW BUSINESS DEVELOPMENT
Nikon is currently developing a number of new
businesses, of which the following three hold out the
most promise:
Projectors
Nikon is supplying users with optics engines on an
OEM basis, and is planning to develop whole projector
systems under its own brand name.
Linear-type ultrasonic actuators
As well as being used in camera focusing units,
where the principal motion involved is rotation, these
elements can be developed into actuators capable of
producing a linear motive force. The chief advantages
in this regard are that they are quiet and do not pro-
duce an electromagnetic field. A wide range of appli-
cations are envisaged for such actuators, for example,
to power magnetic card
issuing machines in con-
venience stores in Japan.
Infrastructure maintenance
Many of Japan’s bridges,
roads and other infrastructures date back to the peri-
od of post-war reconstruction. Nikon is applying its
expertise in digital cameras, including infra-red CCD
cameras, measuring equipment and surveying instru-
ments to provide an integrated surveillance and main-
tenance service to the various authorities responsible
for the upkeep of such infrastructures.
In each of these new areas, Nikon will be able to
differentiate its products and services from competi-
tors and can confidently deliver considerable value on
a competitive basis.
OUTLOOK
During the upcoming fiscal year, the semiconductor
industry is expected to turn the corner, and general
business conditions should begin to improve. As sales
of steppers, flat-panel display exposure systems and
inspection equipment revive, revenues and profits are
expected to recover.
NEXIV VM-1000N
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