Nikon Corporation (ADR)

Factors to consider:

• Company pays dividends (semi-annually): last record date 2025-09-30, amount 0.13$ (Y2.22%)
• Price in estimated range
• Earnings for 18 months up through Q2 (+1 year) are below our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-03-31 to 2026-03-31

• 2024-03-31 to 2025-03-31 estimated range: [7.45$, 11.73$]
• 2025-03-31 to 2026-03-31 estimated range: [7.44$, 11.84$]

Financial Metrics affecting the NINOY estimates:

• Positive: with PPE of 16.3 at the end of fiscal year the price was very low
• Positive: -3.60 < Operating profit margin, % of 5.85
• Positive: Inventory ratio change, % of -1.49 <= -0.75
• Positive: 5.52 < Industry operating cash flow per share per price (median), % of 9.89
• Positive: -14.38 < Investing cash flow per share per price, % of -7.58
• Negative: Industry earnings per price (median), % of 0 <= 0
• Negative: negative Industry operating income (median)
• Positive: 41.86 < Shareholder equity ratio, % of 59.61 <= 63.39
• Negative: 0.79 < Interest expense per share per price, % of 1.43