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Nikon posts profits of $1.3B US


Nikon has been doing well with its DSLR market, and recorded an overall profit of $1.3 billion in US dollars ($135.2 billion yen).  According to this Reuters article, they are going to continue to do well with DSLRs and focus on raising profits on their compact cameras.  Nikon estimates that overall profits will drop by 3.8 percent to 130 billion yen this next year.

Their shares have dropped 31% in January-March, while Canon only dropped 12 percent.  Olympus Corp’s shares dropped by 35 percent over the same time period.

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