Nikon 2016 Annual Report Download - page 10

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Management Message
Masashi Oka
Senior Executive Vice President, CFO
Representative Director
Kazuo Ushida
President
Representative Director
Makoto Kimura
Chairman of the Board
Representative Director
Nikon Group: Accelerating Reforms to Continue Growing over the Next Century
In the scal year ended March 31, 2016, consolidated net sales decreased 4% year on year to ¥822.9 billion, and
operating income was down 16% to ¥36.7 billion. Although the Precision Equipment Business and the Instruments
Business achieved year-on-year increases in revenues and prots, the Imaging Products Business was sluggish under
the effects of an overall shrinkage of its markets.
An important year, the scal year under review is said to have been the turning point for the revised Medium-Term
Management Plan Update announced in May 2015. We accelerated change in the Instruments Business and the
Medical Business that are positioned for growth, as well as in the Precision Equipment Business and the Imaging
Products Business, and continued through a year in which tangible achievements began to be seen.
We gratefully ask for the continued support of our shareholders, investors, and other stakeholders.
08 NIKON REPORT 2016