Nikon 2016 Annual Report Download - page 49

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47
NIKON REPORT 2016
Performance by Business Segment
Precision Equipment Business
In the Semiconductor Lithography Business, the Group worked to
improve its prot structure by continuously striving to enhance per-
formance and extend sales of its advanced equipment, primarily
ArF immersion scanners, and concentrating on strengthening sales
of used equipment and service sales. However, sales decreased
compared with the previous scal year, and an operating loss was
recorded, as the Group could not secure new customers for its
advanced equipment and was also impacted by changes in
customers’ capital investment plans.
The FPD Lithography Business beneted from drastic recovery
in capital investments for small and medium-sized panels. There
was signicant growth in unit sales of the FX-66S and FX-67S,
which are ideal for the production of small to medium-sized
high-denition displays for smartphones and tablet computers.
As a result, net sales rose 6.8% from the previous scal year to
¥182,416 million, and operating income increased 74.8% from
the previous scal year to ¥14,608 million. As the protability of
the Semiconductor Lithography Business is expected to fall,
impairment loss of ¥7,048 million was posted for the non-current
assets held by the business segment.
Imaging Products Business
With regard to digital cameras–interchangeable lens type, sales
of entry-class models such as the D5500 were strong in Japan.
In China and Europe, sales rose in middle to high-end cameras
such as the D750 with specications comparable to those of
professional models.
For compact digital cameras, the Group recorded strong sales
of its high-value-added products, such as the multifunctional
COOLPIX P900 that features ultrahigh zoom capability for excellent
image quality. Overall, however, sales of both digital cameras–
interchangeable lens type and compact digital cameras dropped
sharply in the drastically shrinking market.
As a result, net sales decreased 11.2% from the previous scal
year to ¥520,484 million, and operating income decreased 19.3%
to ¥45,752 million.
Instruments Business
In the Microscope Solutions Business, although the Group was
inuenced by the reduction in the public budget of Japan, sales and
prots grew mainly in biological microscopes, driven by increases in
market share primarily in the United States and China.
In the Industrial Metrology Business, sales and prots received a
boost from higher sales of products such as the NEXIV series CNC
video measuring system and X-ray inspection systems, brought
about by increased capital investment in semiconductors and
electronic components as well as in the automobile-related eld.
As a result, net sales increased 6.7% from the previous scal
year to ¥77,242 million, and operating income increased 135.0%
from the previous scal year to ¥2,819 million.
Medical Business
In the Medical Business, although sales of retina diagnostic
imaging equipment from Optos Plc were sluggish in Europe, sales
increased due to expansion of the market share in the United
States and strong performance in Asia and Oceania.
As a result, net sales were ¥18,312 million, while operating loss
of ¥4,675 million was posted due to upfront investments in new,
medical-related business elds.
Other Businesses
In the Glass Business, sales of photomask substrates for FPD and
optical components were strong, which led to improved prots.
In the Customized Products Business, sales of solid state lasers
rose signicantly, while prots from space-related products declined.
As a result, net sales including these businesses decreased
14.5% from the previous scal year to ¥24,462 million, and
operating income declined 32.3% from the previous scal year
to ¥4,599 million.
Precision Equipment Business
(Years ended March 31)
Millions of yen
Net sales Operating income
300,000
200,000
100,000
0
2013 2014 20152012 2016
800,000
600,000
400,000
200,000
0
2013 2014 20152012 2016
80,000
40,000
60,000
20,000
0
–20,000
2013 2014 20152012 2016
Imaging Products Business
(Years ended March 31)
Millions of yen
Net sales Operating income
Instruments Business
(Years ended March 31)
Millions of yen
Net sales Operating income (loss)
FINANCIAL AND CORPORATE DATA