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Nikon Corporation (7731.T)

JPY2,282.00 -11.50 (-0.50%)
JP JPX Consumer Cyclical Leisure
Address Shinagawa Intercity Tower C 108-6290
Tokyo, JP
CEO Yasuhiro Ohmura
Website nikon.com
IPO 2000-01-04
ISIN JP3657400002

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Also trades on Other OTC · NINOF (USD) Other OTC · NINOY (USD) Tokyo Stock Exchange · 7731.T (JPY)
Description

Nikon Corporation, a prominent international enterprise established in Tokyo, Japan, in 1917, specializes in the production and distribution of optical instruments. The company maintains a significant global footprint, with operations extending across Japan, North America, Europe, China, Thailand, and other key international markets. Its business activities are organized into three primary segments: Imaging Products, Precision Equipment, and Healthcare. The Imaging Products segment is dedicated to the development, manufacturing, sales, and servicing of a wide range of photographic equipment, including digital SLR cameras, compact digital cameras, and interchangeable lenses. The Precision Equipment segment focuses on providing advanced lithography systems for both flat panel displays (FPD) and semiconductor fabrication. Within the Healthcare segment, Nikon offers essential tools such as biological microscopes, systems for observing cell cultures, and state-of-the-art ultra-wide field retinal imaging devices. Beyond these core divisions, Nikon's extensive product portfolio encompasses industrial microscopes, various measuring instruments like non-contact 3D metrology systems and X-ray/CT inspection systems, and surveying equipment. The company further supplies customized products, optical glass, encoders, and ophthalmic lenses. Additional offerings include photomask substrates, camera components, sport optics products, and molded optical glasses. Moreover, Nikon is actively involved in the development and support of computer software.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY2,282.00 -11.50 (-0.50%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.16
Float Shares
202.18M
Free Float %
61.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+9.70% +19.91% +12.62% +10.49% +20.34% +23.90% +51.49% +45.81% +113.18% +37.99% -29.89%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2,282.00
DCF (Unlevered) 4,755.85 +108.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 7 0
Sell 2 0
Strong Sell 1 0
Quality scores
Altman Z-Score
2.29
Grey zone
Piotroski F-Score
2 / 9
Weak
MOAT Score
2 / 10
No MOAT
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Leisure: +7.6%
    -5.3% Q1'26: -4.6% (vs Q1'25)
  • EPS growth Leisure: +13.2%
    -1,572.0% Q1'26: +923.8% (vs Q1'25)
  • FCF margin FCF growth · Leisure: +30.4%
    -2.1% Q1'26: -0.8% (vs Q1'25)
  • EBIT margin Leisure: +11.0%
    -1.8% Q1'26: +0.6% (vs Q1'25)
  • ROIC Leisure: +6.9%
    -1.8% Q1'26: +0.4% (vs Q1'25)
  • Share dilution Leisure: +0.0%
    -4.5% Q1'26: -0.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Leisure: -0.39×
    7.07× Q1'26: 4.69× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.16) × ERP
WACC = 74% × Ke + 26% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 4,763.14 Current price: 2,282.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
10 Rev. Ana.
10 EPS Ana.
Mar 2027
9 Rev. Ana.
3 EPS Ana.
Mar 2028
7 Rev. Ana.
7 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
857.78B
est: 853.48B (+0.5%)
841.04B
est: 836.64B (+0.5%)
749.27B
est: 755.96B (-0.9%)
717.08B
est: 720.26B (-0.4%)
708.66B
est: 718.83B (-1.4%)
591.01B
est: 593.59B (-0.4%)
451.22B
est: 450.57B (+0.1%)
539.61B
est: 547.18B (-1.4%)
628.11B
est: 623.05B (+0.8%)
717.25B
est: 723.00B (-0.8%)
715.29B
est: 709.81B (+0.8%)
678.85B
658.95B – 745.01B
-4.4% YoY
705.03B
660.54B – 785.17B
+3.9% YoY
734.86B
698.28B – 785.06B
+4.2% YoY
820.70B
774.43B – 895.18B
+11.7% YoY
EBITDA
82.55B
est: 75.55B (+9.3%)
81.69B
est: 74.06B (+10.3%)
92.54B
est: 66.91B (+38.3%)
95.93B
est: 63.75B (+50.5%)
92.65B
est: 63.63B (+45.6%)
50.44B
est: 52.54B (-4.0%)
2.59B
est: 39.88B (-93.5%)
71.46B
est: 48.43B (+47.5%)
87.00B
est: 55.15B (+57.8%)
77.66B
est: 73.81B (+5.2%)
61.00B
est: 72.46B (-15.8%)
69.30B
67.27B – 76.05B
-4.4% YoY
71.97B
67.43B – 80.15B
+3.9% YoY
75.02B
71.28B – 80.14B
+4.2% YoY
83.78B
79.06B – 91.39B
+11.7% YoY
EBIT
43.41B
est: 30.15B (+44.0%)
42.88B
est: 29.56B (+45.1%)
58.57B
est: 26.71B (+119.3%)
64.23B
est: 25.44B (+152.4%)
64.85B
est: 25.39B (+155.4%)
16.34B
est: 20.97B (-22.1%)
-25.43B
est: 15.92B (-259.8%)
46.61B
est: 19.33B (+141.1%)
57.95B
est: 22.01B (+163.3%)
41.99B
est: 35.13B (+19.5%)
16.81B
est: 34.49B (-51.3%)
32.99B
32.02B – 36.20B
-4.4% YoY
34.26B
32.10B – 38.15B
+3.9% YoY
35.71B
33.93B – 38.15B
+4.2% YoY
39.88B
37.63B – 43.50B
+11.7% YoY
Net Income
18.36B
est: 19.00B (-3.4%)
29.95B
est: 21.40B (+39.9%)
3.97B
est: -8.22B (+148.2%)
34.77B
est: 28.30B (+22.9%)
66.51B
est: 50.73B (+31.1%)
7.69B
est: 12.17B (-36.8%)
-34.50B
est: -33.40B (-3.3%)
42.68B
est: 37.17B (+14.8%)
44.94B
est: 43.62B (+3.0%)
32.57B
est: 32.75B (-0.5%)
6.12B
est: 12.84B (-52.3%)
-86.09B
-146.36B – 58.96B
-770.6% YoY
16.72B
13.73B – 19.72B
+119.4% YoY
31.98B
15.13B – 48.21B
+91.2% YoY
25.50B
23.61B – 28.48B
-20.3% YoY
SGA
215.26B
est: 209.24B (+2.9%)
203.03B
est: 205.11B (-1.0%)
173.80B
est: 185.33B (-6.2%)
176.63B
est: 176.58B (+0.0%)
164.50B
est: 176.23B (-6.7%)
130.46B
est: 145.53B (-10.4%)
110.72B
est: 110.46B (+0.2%)
118.26B
est: 134.15B (-11.8%)
149.69B
est: 152.75B (-2.0%)
177.72B
est: 183.71B (-3.3%)
196.81B
est: 180.37B (+9.1%)
172.50B
167.44B – 189.31B
-4.4% YoY
179.15B
167.85B – 199.51B
+3.9% YoY
186.73B
177.43B – 199.49B
+4.2% YoY
208.54B
196.79B – 227.47B
+11.7% YoY
EPS
46.29
est: 55.15 (-16.1%)
75.55
est: 62.12 (+21.6%)
10.01
est: -23.86 (+142.0%)
87.76
est: 82.14 (+6.8%)
167.86
est: 147.23 (+14.0%)
19.93
est: 35.33 (-43.6%)
-93.96
est: -96.94 (+3.1%)
116.23
est: 107.87 (+7.8%)
125.46
est: 124.40 (+0.9%)
94.03
est: 94.53 (-0.5%)
17.86
est: 39.13 (-54.4%)
-202.46
-444.71 – 179.13
-617.3% YoY
48.29
41.71 – 59.91
+123.9% YoY
81.62
45.98 – 146.48
+69.0% YoY
77.41
71.74 – 86.54
-5.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-05-07 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-05-01 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-04-30 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-04-28 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-04-27 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-04-24 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-23 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-22 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-21 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-17 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-15 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-49.34B
OE per share TTM
-149.91
Owner's Yield
-8.05%
Maintenance CapEx ratio
1,239.27%
Maint CapEx / Avg PPE
21.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-616.5K
Shares Outstanding
329.17M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Toshikazu Umatate Chief Executive Officer & Representative Director 77M male
Muneaki Tokunari President, Chief Operating Officer & Representative Director 77M male
Manabu Toguchi Senior Executive Vice President & GM of Corporate Strategy
Masato Hamatani Senior EVP & GM of Precision Equipment Group male
Takeshi Matsumoto Corporate Vice President, Chief Financial Officer and GM of Finance & Accounting
Tetsuya Okumura Finance & Accounting General Manager male
Yasuhiro Ohmura President, CEO & Representative Director male
Yoichi Kassai Senior Vice President, CRO, and GM of Group Governance & Administration male
Hideki Fujii Financial Planning Manager
Yoshihiro Maki Senior Vice President & GM of Industrial Solutions Business Unit
Hiroyuki Ikegami Senior EVP & GM of Imaging Business Unit male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits