Nikon stock gains 1.20 percent on revised FY2027 guidance

Published on 10/07/2026 at 00:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nikon stock's Q1 FY2027 revenue rose 3.8 percent to JPY 164.2 billion, while net income fell 86 percent. The October 6 price stood 18.83 percent below its yearly high.

Nikon Corp., JP3657400002, Illustration mit AI erstellt.

Nikon stock (ISIN JP3657400002) gained 1.20 percent to JPY 1,940 on the Tokyo Stock Exchange on October 6, 2026, as investors assessed revised FY2027 guidance that points to a return to operating profit. The gain came with volume of 1,357,300 shares, while the stock remained 18.83 percent below its 52-week high of JPY 2,390.

Guidance targets a profit recovery

In an October 1, 2026 update, Simply Wall St reported that Nikon's revised guidance for the fiscal year ending March 31, 2027 calls for net sales of JPY 732.0 billion, operating profit of JPY 11.0 billion, profit attributable to owners of the parent of JPY 10.0 billion and basic EPS of JPY 30.36.

The first-half outlook is more difficult: Nikon guides for revenue of JPY 336.0 billion, an operating loss of JPY 5.5 billion, a loss attributable to owners of the parent of JPY 2.5 billion and basic loss per share of JPY 7.59. The contrast puts execution in the second half at the center of the FY2027 recovery case.

Revenue grew while profit weakened

Nikon's Q1 FY2027 revenue reached JPY 164.2 billion, up 3.8 percent from the comparable quarter, according to Simply Wall St. Net income fell 86 percent to JPY 1.29 billion, and the profit margin declined to 0.8 percent from 6.0 percent in Q1 FY2026, while EPS came in at JPY 3.91.

That mix matters for the stock because the revenue increase has not yet translated into comparable earnings strength. Nikon's financial statements show Q1 operating profit at a loss of JPY 2.274 billion, while operating cash flow reached JPY 20.526 billion for the period.

Analysts keep a cautious valuation view

Stockopedia lists an overall consensus rating of Sell and a consensus price target of JPY 1,639. Simply Wall St says 25 analysts cover Nikon, while its October 1 update described a target reduction from JPY 1,710 to JPY 1,623.

The analyst debate therefore centers on margins rather than sales alone. A JPY 732.0 billion revenue target would mark a return to growth after fiscal 2026 revenue of JPY 677.2 billion, but the first-half operating loss guidance leaves the recovery dependent on the following six months.

Stock stays below its yearly high

Nikon stock was last at JPY 1,940 on the Tokyo Stock Exchange on October 6, 2026 at 3:30 p.m. JST, up JPY 23 from the prior close. Its 52-week range was JPY 1,617.50 to JPY 2,390, and market capitalization stood at JPY 639.1 billion.