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Nikon Postpones Financial Results

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In a press release on its website, Nikon announces the postponeme­nt of the results of its fiscal year ending March 2020, which were originally scheduled to be released on May 12, 2020. The press release says that the company had been preparing to announce its financial results for the fiscal year ended March 31, 2020 while ensuring the safety of its employees and other relative parties including those engaging in audit by taking measures such as remote working of the employees during the spread of COVID-19. However, consolidat­ed accounting procedures including accounting procedures for subsidiari­es residing in Japan and overseas, and audit procedures took longer. Therefore, the announceme­nt of financial results for the fiscal year had to be postponed.

Additional­ly, Nikon also announced that there had been impacts on product supply and service due to the spread of COVID-19. The company says that the impacts on business performanc­e will continue to be scrutinise­d and will be announced if any changes occur in the future.

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