Nikon not financially desperate

In these dire times, it is slightly refreshing to see Nikon announcing that they need to revise their forecasts of financial results for fiscal year ending 31st March 2009. They add first announced a big dip of turnover and profits. But they decided to smile a little more. Maybe they were a little over-pessimistic.

Anyway, the crisis is still pushing profits down (-63% compared to last year). So, we take any slightly positive news as good news.