Nikon 2009 Annual Report Download - page 18

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Review of Operations
Instruments
Company
The Instruments Company’s performance was severely
affected by the state of the economy during the fi scal year
ended March 2009. Despite positive performance in the
bioscience fi eld, mainly for areas concerned with live cells,
the industrial instruments fi eld suffered from continued
stagnation in the markets for semiconductors, electronics
components and automotive products, along with the
curbs placed on capital expenditure. As a result, segment
sales amounted to ¥44,643 million (down 24.4% year
on year), with the segment posting an operating loss of
¥2,724 million (compared to operating income of ¥4,081
million in the previous fi scal year).
TOSHIYUKI MASAI
Director, Member of the Board and Executive Offi cer
President of Instruments Company
16 Nikon Annual Report 2009