Nikon restructuring and strong D850 sales lead to 8x increase in annual profit

All of the camera manufacturers have been reporting their annual profits over the last month or two, and while we don't typically cover individual company financial results, Nikon's report stands out. That's because, despite a modest 4% drop in revenue, the company reported a whopping 776% increase in overall profit year-over-year. The report--which compares the fiscal year ending March 31st 2018 with the year ending March 31st 2017--shows that Nikon's attempts to "improve profitability through ...