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Nikon reporting net loss

Nikon reporting net loss - Net profits are down for Nikon as they release figures from fourth quarter.

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Category : Industry News
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Nikon have reported that their net profits have dropped 63% for the fiscal year which ended 31st March.
 
The digital camera maker has announced a net profit of 28.06 billion Yen compared with the 75.48 billion Yen profit for the previous year.
 
A fall in camera prices and the lower demand for chip-making equipment have been given as reasons for the loss.
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