FY 2026-2030 Medium-Term Management Plan Summary

Nikon has set forth its Vision of becoming "a key technology solutions company in a global society where humans and machines co-create seamlessly," and has formulated a Medium-Term Management Plan covering FY 2026-2030. This plan represents phase two toward realizing this goal.

It takes into account changes in the business environment over the next decade through 2035, along with business strategies, long-term trends, and shifts in societal needs, and sets 2030 targets through a backcasting approach from this medium- to long-term outlook. Through initiatives aligned with this plan, Nikon aims to achieve sustainable enhancement of corporate value.

Medium-Term Management Plan Overview

In our previous Medium-Term Management Plan pursued the cultivation of new businesses in all directions. Building on the insights gained from that plan, we will now shift decisively to an approach that rigorously analyzes our strengths and scales selected businesses.

Mission Unlock the future with the power of light Vision A key technology solutions company in a global society where humans and machines co-create seamlessly Values Continuously challenge ourselves to: -Meet and exceed customer needs and aspirations -Improve cost efficiency and speed -Advance the precision and resilience of our products Management direction Place importance on financial discipline and invest resources in focus areas that enhance corporate value Imaging Healthcare Industry Digital Manufacturing Precision Equipment Generate stable profits Expand customer touchpoints and value proposition. Secure stable earnings Pursue maximum corporate value Create new value with customers in promising markets and areas of differentiation Sustainability-focused management Priorities for value creation ① Creating social value through business ② Strengthen diverse talent and organizational capabilities ③ Deepen co-creation value chains Business fundamentals supporting sustainable growth ① Manufacturing resilient against change ② DX with a focus on customers and employees ③ Robust internal controls and corporate governance ④ Address social and environmental challenges Mumerical Targets (FY 2030) Revenue ¥1trillion. Operating profit ¥80billion. Company total ROIC 7% ROE 10%

Long-Term Trends and Nikon's Contribution

The long-term trends — the so-called megatrends — outlined in our previous Medium-Term Management Plan are changing at a pace faster than anticipated. As co-creation between humans and machines accelerates and the fields in which we can apply our core technologies continue to broaden, Nikon will contribute to society across four key areas.

Expanding Nikon's value propositions in a global society where humans
and machines further co-create seamlessly

Long-term trends Shift in how we view life and our lifestyles
Healthy life expectancy supported by healthier minds and bodies Healthcare Areas of contribution More precise treatment and health Shifts in technology AI takes on greater workloads, expanding wisdom and free time and enabling greater creativity Precision Equipment Areas of contribution Future of a digital society Shift in social frameworks Freed from laborious work by automation progresses Digital Manufacturing Industry Areas of contribution Manufacturing solutions Shift in values Meaningful value and diversity become increasingly important Imaging Areas of contribution Enriched spirits Creating social value through applied optics

Business Portfolio

Taking into account long-term trends, Nikon's business environment, and the status of each business, we have redefined our business portfolio. We will invest the cash generated from Imaging, Healthcare, and Industry business domains into Digital Manufacturing and Precision Equipment, aiming for full-fledged growth in 2030 and beyond. While placing importance on the balance sheet and cash controls, we will focus on three areas in particular: digital cinema cameras, large-format metal 3D printers, and ArF immersion and digital lithography systems.

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Main
Role
Business
domain
Business description Target markets FY26
Revenue
plan
(Billions of
yen)
FY30
Revenue
target
(Billions of
yen)
QOL domain Industry domain
Core Growth
(areas of focus in
bold print)
Creators Drug
discovery
Pharma
Defense Aerospace Automobiles
Energy
Semiconductors
Electronic
components
Stable
profit
generation
Imaging Mirrorless cameras
Binoculars/Range
finders
  Digital  
  cinema cameras  
1
303 380
+25%
Healthcare Life sciences
Eye care
Contract Cell
Development and
Manufacturing
2
127 150
+18%
Industry Optical components*1
Video measuring system
Industrial microscopes,
Special-order equipment
X-ray and
CT Inspections
Laser radar
Robotics
3
84 110
+31%
Invest
cash
Aim to
maximize
corporate
value
Digital
Manufacturing
Large-format
 metal 3D printers 
7
34 70
+106%
Precision
Equipment
FPD lithography systems
Semiconductor metrology,
measurement and
inspection services
 Semiconductor
Lithography system
Digital Lithography
system 
10
188 290
+54%
740*2 1,000
+35%
  • *1Includes optical materials and parts, EUV related components, Photomask substrates, and industrial lenses and units.
  • *24.0 billion yen in other business is included in FY26 total revenue.

Management with a Focus on Sustainability

Through management with a focus on sustainability, Nikon aims to achieve both a contribution to a sustainable society and the company's own sustainable growth. To realize this, we will advance our efforts on two pillars: Priorities for Value Creation, and the Business Fundamentals Supporting Sustainable Growth that underpin them.

Key Themes for Creating Value

Building on our commitment to Creating Social Value Through Our Businesses across the Four Key Contribution Areas outlined in our Medium-Term Management Plan, we will also focus on empowering diverse talent, strengthening organizational capabilities, and driving value through collaboration with customers, partners, and suppliers. In parallel, to address challenges related to people, society, and the global environment, and to fulfill our responsibilities as a member of a sustainable society, we have identified key themes for building trust that guide our initiatives.

Sustainable Society Contribution to Sustainable Society and Achievement of Sustainable Growth for the Company Mission : Unlock the future with the power of light Vision : A key technology solutions company in a global society where humans and machines co-create seamlessly Creating Social Value Through Our Businesses Four Key Contribution Areas Enriched Spirits More precise treatment and health Future of a digital society Manufacturing Solutions Empowering diverse talent and strengthening organizational capabilities Deepen our co-creation value chain Key Themes for Creating Value Key Themes for Building Trust People Respect for human rights across the value chain Quality and safety of products and services Society Supply chain resilience Information security and cybersecurity Earth environment Address climate change Promote resource circulation Pollution Prevention and Ecosystem Protection Thorough compliance

Business Fundamentals Supporting Sustainable Growth

To carry out management with a focus on sustainability, it is also essential to promote various areas that support it.
As the foundation for sustainable growth, Nikon intends to focus on five key priorities: making a fundamental shift in human capital from "acquisition" to "development"; building manufacturing capabilities resilient to change and strengthening the production sites that support them; advancing DX to drive customer- and employee-focused business reform; enhancing global governance and strengthening resilient information security; and providing sincere, transparent disclosure to meet society's trust, while accelerating initiatives on human rights and environment responsiveness.
Through carefully selected investments and the deployment and development of specialized talent, we will strengthen both execution and control, building a robust business foundation.

FY 2026-2030 Medium-Term Management Plan (Announced May 8, 2026)