Operating Results and Financial Position (annual)
Revenue for the fiscal year ended March 31, 2018 decreased by 32,196 million yen (4.3%) year on year to 717,078 million yen, the decline of restructuring costs led to increases in: operating profit by 55,463 million yen year on year to 56,236 million yen, profit before income taxes by 53,190 million yen year on year to 56,257 million yen, and profit attributable to owners of the parent by 30,805 million yen (776.6%) year on year to 34,772 million yen.
Imaging Products Business: revenue for the Imaging Products Business decreased by 5.8% year on year to 360,703 million yen. Operating profit, however, rose by 76.2% year on year to 30,222 million yen due to the efforts to improve profitability through the restructuring, such as the shift to a business strategy of selection and concentration and the discontinuation of operations of Nikon Imaging (China) Co., Ltd., a manufacturing consolidated subsidiary.
Precision Equipment Business: revenue for the Precision Equipment Business decreased by 8.7% year on year to 226,334 million yen. Operating profit, however, was up by 296.6% year on year to 53,393 million yen in comparison to the previous fiscal year, when restructuring costs were recorded.
Healthcare Business: revenue for the Healthcare Business increased by 1.8% year on year to 56,818 million yen, and operating loss of 3,263 million yen (operating loss of 660 million yen was recorded in the previous fiscal year) was recorded.
Industrial Metrology and Others: revenue for the Industrial Metrology and Others increased by 17.3% year on year to 73,222 million yen, and operating profit rose by 35.1% year on year to 5,026 million yen.
The balance of total assets as of March 31, 2018 increased 79,992 million yen from the end of the previous fiscal year to 1,098,343 million yen. The balance of total equity as of March 31, 2018 increased 35,391 million yen from the end of the previous fiscal year to 573,541 million yen.