So much for that 100th anniversary celebration. Nikon's second century hasn't gotten off to the greatest start. Earlier this week, the company announced it had experienced an "extraordinary loss" over the final nine months of 2016. From April 1 through December 31 of last year, the Japanese corporation saw losses of nearly $260 million USD, largely as the result of restructuring costs and its Semiconductor Lithography business. As a result, Nikon's stock plummeted almost 15% yesterday during tra...
So much for that 100th anniversary celebration. Nikon's second century hasn't gotten off to the greatest start. Earlier this week, the company announced it had experienced an "extraordinary loss" over the final nine months of 2016. From April 1 through December 31 of last year, the Japanese corporation saw losses of nearly $260 million USD, largely as the result of restructuring costs and its Semiconductor Lithography business. As a result, Nikon's stock plummeted almost 15% yesterday during tra...
Share this Article
Recommended