Nikon Camera Unit to Beat Profit Target with SLRs |
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| Published by: Bloomberg 06-22-2005 Read Complete Article |
Article Summary
June 23 (Bloomberg) - Nikon Corp., the world's fifth-biggest seller of digital cameras, expects profit at its imaging unit to exceed the annual target of 20 billion yen ($183 million) as it introduces single-lens reflex models and slashes inventory.
"The number is quite conservative and we want to beat it,'' Makoto Kimura, managing director for Nikon's imaging products business, said in an interview. "We have a lighter inventory and our product mix will help curb price declines.''
....Read Complete Article
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