Nikon 2016 Annual Report Download - page 25

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INITIATIVES AND ACHIEVEMENTS
Despite the impact of the reduction in Japan’s public budget and lower sales
than in the previous scal year, net sales and operating income of the Microscope
Solutions Business grew mainly in biological microscopes, driven by increases
in market share primarily in the United States and China.
With the aim of entering the business of contract manufacturing of cells for
regenerative medicine use in Japan, the Group signed a strategic collaboration
agreement with one of the industry’s largest companies, Lonza, and established
wholly owned Nikon CeLL innovation Co., Ltd.
Summary for the
Fiscal Year Ended March 31, 2016
Net sales and operating income increased
year on year primarily from biological
microscopes
In anticipation of future business expansion,
invested in new businesses centered on stem
cell-related businesses
Microscope Solutions Business
INITIATIVES AND ACHIEVEMENTS
Amid increased capital investment in semiconductors and electronic compo-
nents as well as in the automobile-related eld, the Industrial Metrology
Business achieved higher sales from increased sales of products, such as the
NEXIV Series CNC video measuring system and X-ray inspection systems. There
was also the effect from an improvement in costs, and operating income
improved signicantly.
In addition, Nikon made a strategic investment of approximately $10 million
in U.S. venture company Tribogenics Inc. to strengthen product competitiveness
in the non-destructive testing business, a market in which growth is expected
in the years to come.
Summary for the
Fiscal Year Ended March 31, 2016
Increased capital investment in
semiconductors and electronic components
as well as in the automobile-related eld;
signicant year-on-year increases in net sales
and operating income
Invested in U.S. company Tribogenics Inc.
Industrial Metrology Business
INSTRUMENTS BUSINESS
INITIATIVES AND ACHIEVEMENTS
Although sales of Optos Plc’s retina diagnostic imaging equipment were sluggish
in Europe, sales increased due to expansion of the market share in the United
States and strong performance in Asia and Oceania. The business performance of
Optos Plc is as far along as planned though there has been amortization of goodwill
defrayment. The Medical Business as a whole, however, recorded an operating
loss of approximately ¥4.6 billion due to its posting of R&D expenses, etc.
Through its promotion of M&As, alliances, and Corporate Venture Capital
(CVC), the Medical Business is actively working to expand its business.
Summary for the
Fiscal Year Ended March 31, 2016
Completed acquisition of Optos Plc
and steadily expanded its sales
Implementing investments in new
businesses on an ongoing basis
MEDICAL BUSINESS
23
NIKON REPORT 2016
BUSINESS PERFORMANCE