Nikon Past Earnings Performance

Past criteria checks 2/6

Nikon has been growing earnings at an average annual rate of 21.4%, while the Consumer Durables industry saw earnings growing at 5.5% annually. Revenues have been growing at an average rate of 5.9% per year. Nikon's return on equity is 3.9%, and it has net margins of 3.6%.

Key information

21.4%

Earnings growth rate

23.6%

EPS growth rate

Consumer Durables Industry Growth	-22.9%
Revenue growth rate	5.9%
Return on equity	3.9%
Net Margin	3.6%
Next Earnings Update	06 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Nikon makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:NKN0 Revenue, expenses and earnings (JPY Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 24	718,728	25,732	197,931	71,141
30 Jun 24	722,995	32,749	277,023	0
31 Mar 24	717,245	32,570	177,717	71,141
31 Dec 23	700,920	30,461	177,979	67,585
30 Sep 23	671,071	35,865	167,566	67,585
30 Jun 23	640,603	35,654	161,294	67,585
31 Mar 23	628,105	44,944	149,694	67,585
31 Dec 22	589,364	43,062	146,869	59,884
30 Sep 22	554,893	35,095	137,285	59,884
30 Jun 22	552,979	38,685	126,654	59,884
31 Mar 22	539,612	42,679	118,260	59,884
31 Dec 21	531,310	28,010	116,338	58,789
30 Sep 21	548,625	23,504	114,454	58,789
30 Jun 21	518,781	-5,043	112,467	58,789
31 Mar 21	451,223	-34,497	110,723	58,789
31 Dec 20	472,808	-35,970	108,212	61,052
30 Sep 20	475,607	-40,187	114,649	61,052
30 Jun 20	512,783	-14,101	120,036	61,052
31 Mar 20	591,012	7,693	130,456	61,052
31 Dec 19	626,852	45,962	142,193	62,424
30 Sep 19	663,964	60,034	149,849	62,424
30 Jun 19	684,707	58,375	159,975	62,424
31 Mar 19	708,660	66,513	164,499	62,424
31 Dec 18	718,086	53,243	170,743	58,655
30 Sep 18	724,376	43,649	175,831	58,655
30 Jun 18	713,659	42,219	173,853	58,655
31 Mar 18	717,078	34,772	176,626	58,655
31 Dec 17	708,642	27,107	163,521	61,114
30 Sep 17	733,944	175	168,876	61,114
30 Jun 17	750,245	1,372	172,562	61,114
31 Mar 17	749,273	3,967	173,799	61,114
31 Dec 16	771,418	-100	192,852	66,780
30 Sep 16	774,017	28,675	197,171	66,780
30 Jun 16	810,027	30,374	204,829	66,780
31 Mar 16	822,915	22,192	210,433	66,780
31 Dec 15	857,353	23,093	212,134	66,730
30 Sep 15	875,494	19,548	214,284	66,730
30 Jun 15	862,578	17,971	212,459	66,730
31 Mar 15	857,782	18,364	212,272	66,730
31 Dec 14	865,892	26,051	195,938	74,552
30 Sep 14	885,037	43,286	193,624	74,552
30 Jun 14	919,019	46,085	196,423	74,552
31 Mar 14	980,556	46,824	207,502	74,552

Quality Earnings: NKN0 has high quality earnings.

Growing Profit Margin: NKN0's current net profit margins (3.6%) are lower than last year (5.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NKN0's earnings have grown significantly by 21.4% per year over the past 5 years.

Accelerating Growth: NKN0's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NKN0 had negative earnings growth (-28.3%) over the past year, making it difficult to compare to the Consumer Durables industry average (-4.7%).

Return on Equity

High ROE: NKN0's Return on Equity (3.9%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/08 12:45
End of Day Share Price	2025/01/08 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nikon Corporation is covered by 27 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Masahiro Nakanomyo	Barclays
Kunihiko Kanno	BNP Paribas Securities (Asia)
Mikio Hirakawa	BofA Global Research