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Message: <blockquote data-quote="BobinKy" data-source="post: 1482153" data-attributes="member: 58027">Well, here you go. The Nikon CorporationFinancial Results for the YearEnded March 31, 2009Conference in Tokyo (May 13, 2009)Online slide presentation<a href="http://nikon.com/about/ir/ir_library/result/pdf/2009/09_all_e.pdf" target="_blank">http://nikon.com/about/ir/ir_library/result/pdf/2009/09_all_e.pdf</a>University Currency Converter used to convert Yen to $US<a href="http://www.xe.com/ucc/" target="_blank">http://www.xe.com/ucc/</a>. . .Total Sales (year ending March 2009)879.7 billion Yen9.2 billion $USSports Optics falls under Other Business.Other Business Sales (year ending March 2009)18.7 billion Yen196 million $USSports Optics Sales (year ending March 2009)4% of Other Business Sales0.75 billion Yen (750 million Yen)8 million $US. . .While the estimated sales for the upcoming year continues to show a downward trend (Global recession = fewer products sold), Sports Optics is estimated to increase by 25%.Other Business (estimated year ending March 2010)15.0 billion Yen157 million $USSports Optics (estimated year ending March 2010)7% of Other Business1.05 billion Yen10 million $US (+ 25%). . .Bino AnalysisAny ideas on what accounts for the 2010 estimated 25% increase in Sports Optics sales?What % of Sports Optics sales come from high end bins?. . . Look for the Imaging Company presentation slides to find Camera and Lenses sales information.Imaging Company Sales (year ending March 2009)596.5 billion Yen6.2 billion $US3.4 million units shipped (Single-lens Reflex DSC)4.9 million units shipped (Interchangeable Lenses)10.3 million units shipped (Compact DSC)32% to Europe36% to Americas18% to Asia & others14% to JapanEstimation for Imaging Company (estimated year ending March 2010)480.0 billion Yen5.0 billion $US3.4 million units shipped (Single-lens Reflex DSC)4.8 million units shipped (Interchangeable Lenses)10.0 million units shipped (Compact DSC)30% to Europe35% to Americas22% to Asia & others13% to JapanFootnote reads “Target the same level of sales units as previous term in spite of severe business environment. Estimate decline in revenue and profit by change of D-SLR products mix and impact of appreciating yen. Assume that the worst environment of previous 2H is over and secure Operating Income in the black.”. . .I couldn't sleep, so I googled and found the Nikon Corporation online presentation and crunched the numbers--Now, I am starting to get sleepy. The rest of you guys can do the bino analysis....BobKentucky, USA</blockquote>

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