I don't want to pour water on this announcement, but I do want to add context before we run to attach a narrative here. The most probable explanation for the extra-high sales figures is historic yen weakness. Management even point to it themselves.
From a financials perspective, Nikon is a Japanese company with yen-denominated revenues. A weak yen means that Nikon earns more per unit sold in any non-yen currency.
From a financials perspective, Nikon is a Japanese company with yen-denominated revenues. A weak yen means that Nikon earns more per unit sold in any non-yen currency.