Last week, Nikon published the financial results for its fiscal year, ending on March 31st, 2015. According to the numbers, Nikon’s sales are down 14.5% and profits 11.8%, reportedly due to ‘delayed market recovery,’ mainly in Europe and China.
Leading the loss in sales and profits was, predictably, Nikon’s compact camera systems, down 31% in sales year over year. However, it wasn’t just compact cameras that brought the numbers down.
Nikon reported 4.61 million camera systems sold, 1.14 million less than the previous year. Additionally, sales of…
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