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Nikon said it expects an unconsolidated pretax loss of 10 billion yen on
sales of 250 billion yen against its earlier projections of a pretax loss
of 5 billion yen and sales of 270 billion yen.
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Scary, isn't it? Any comments?
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While this certainly isn't good news, don't forget that Nikon is a part of
Matsushita, a huge corporation which can indeed absorb such a loss.
Also, it would be interesting to know how Nikon's camera division fared;
this report doesn't break out those results.
Larry
