The latest financial reports from Nikon, Ricoh, Fujifilm, and Tamron

Here are the latest financial reports from Nikon, Ricoh, Fujifilm, and Tamron:

Revenue: ¥290.00 billion (approx.$2 billion). Projection as of 2/8/26: ¥290.00. -1.79% compared to fiscal ’25 actual.
Earnings: ¥16.7 billion (approx. $115.17 million). Projection as of 2/8/26: ¥21.00 billion. -49.15% compared to fiscal ’25 actual. -20.48% compared to 2/8/26 estimate.
Unit sales bodies: 910,000. Projection as of 2/8/26: 900,000. +5.88% compared to fiscal ’25 actual. +1.11% compared to 2/8/26 estimate.
Unit sales lenses: 1.3 million. Projection as of 2/8/26: 1.3 million. -0.76% compared to fiscal ’25 actual.

Cameras performed well and increased earnings, primarily driven by the Ricoh GR series.
The segment overall reduced its operating loss through cost controls and robust camera sales, despite upfront investments in new businesses and a goodwill impairment in the drug discovery support business.

Ricoh FY2025 financial results (for the year ending May 12, 2026)

Revenue was JPY3,357.0 billion and increased 5.0% year-over-year.
Operating income was JPY350.2 billion and increased 6.1% year‑over‑year.
Net income attributable to FUJIFILM Holdings was JPY276.7 billion and increased 6.0% year‑over‑year.
The annual dividend for FY2025 is expected to be JPY70 per share, marking the 16th consecutive annual increase.

Fujifilm Announces Financial Results for the Fiscal Year Ended March 31, 2026

Before FY23: Approx. 5 new models per year
Initial Medium-Term Management Plan: Target of 6-7 launches per year
FY24: 7 launches achieved; FY25: 6 launches achieved
New Medium-Term Management Plan: Targeting 10+ new model launches per year by FY26
Net Sales: ¥11,305 million (-16.7% YoY): Significant decline driven primarily by weak OEM performance; other segments offset some impact at consolidated level.
Operating Income: ¥2,390 million (-37.2% YoY)
Operating Margin: 21.1% (-6.9 pts YoY): Profit hit by lower gross profit (sales decline + unfavorable product mix), plus higher material/utility costs, increased R&D, and personnel expenses.