Shulou(Shulou.com)11/24 Report--

CTOnews.com, November 18 (Xinhua)-- Nikon last week announced its results for the third quarter of 2022, with revenue flat in Japanese yen during the reporting period, but fell 8% quarterly and 19% annually due to the depreciation of the yen, according to a report by DSCC.

However, Nikon lithography equipment showed its worst revenue since the second quarter of 2020, and shipments for the fiscal year ending March 2023 are expected to be 30, down from the previous forecast of 31, which they attributed to some delays in the plant's plans. Some key points for the third quarter results are summarized as follows:

Revenue fell 8% quarter-on-quarter and 19% year-on-year to $1.03 billion (about 7.354 billion yuan), the lowest since the third quarter of 2020. Their income has fallen on a quarterly and annual basis for four consecutive quarters. Among them, the health care business performed best, with quarterly and annual growth of 7% and 15% respectively.

The gross profit margin was 45.8%, unchanged.

Operating income was $70 million, 7 per cent below consensus, down 45 per cent in the quarter and 41 per cent in the year. Operating margin fell to 6.4% from 10.7% in the second quarter of 2022.

CTOnews.com learned that operating margins declined in all sectors of Q3 except healthcare and industrial applications in 2022.

Net income was $56 million, 9 per cent below consensus, 44 per cent lower than the previous month and 48 per cent lower than the same period last year. Net profit margin fell from 8.1% to 4.9%.

Nikon raised its forecast for fiscal year 2023 from 62.5 billion yen to 64.5 billion yen, an increase of 3 per cent and 20 per cent over fiscal year 2022. Operating income and net income remained at 55 billion and 42 billion respectively, up 10 per cent and down 2 per cent from the previous fiscal year.

Operating margins are now expected to be 8.5 per cent and net margins are now 6.5 per cent, down from 8.8 per cent and 6.7 per cent, respectively.

In yen terms, Nikon has improved its forecasts for imaging, health care and industrial applications. It reduces the prediction of precision equipment (flat panel display). Operating margins on precision equipment are expected to fall to 13 per cent in fiscal 2023 from a previous forecast of 15 per cent, compared with 19 per cent in fiscal 2022.

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.