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1Annual Report 2011Nikon Corporation
Share of Net Sales
Year ended March 31, 2011
Net Sales and Operating Income (Loss)
Years ended March 31
(Millions of yen) (Millions of yen)
Contents
Financial Highlights ............................................................. 2
Medium Term Management Plan ...................................... 4
To Our Shareholders and Investors ................................... 6
Interview with the President ............................................... 7
Review of Operations ........................................................... 12
Precision Equipment Company ...................................... 12
Imaging Company ............................................................. 15
Instruments Company ..................................................... 18
Corporate Governance ......................................................... 21
Nikon’s CSR Initiatives ........................................................ 22
Financial Section .................................................................. 24
Management’s Discussion and Analysis ...................... 24
Consolidated Balance Sheets ........................................... 3 0
Consolidated Statements of Operations .......................... 3 2
Consolidated Statement of Comprehensive Income ....... 33
Consolidated Statements of Changes in Equity .............. 34
Consolidated Statements of Cash Flows ......................... 35
Notes to Consolidated Financial Statements ................ 36
Independent Auditors’ Report ........................................ 60
Organization of the Nikon Group ....................................... 61
Nikon Group Companies ..................................................... 62
Directors, Auditors and Officers ........................................ 64
Investor Information ............................................................ 65