Nikon stock fell 3.06 percent as guidance stays under pressure

Published on 10/04/2026 at 13:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nikon stock stood at JPY 1,900 on October 2, 2026, after a JPY 60 session decline. Fiscal 2027 guidance sets revenue at JPY 732.0 billion and operating profit at JPY 11.0 billion.

Nikon, JP3569000007, Illustration mit AI erstellt.

Nikon stock (ISIN JP3569000007) fell 3.06 percent on October 2, 2026, leaving the last Tokyo Stock Exchange price at JPY 1,900 at 3:30 p.m. JST. The move came as the company’s fiscal 2027 outlook included JPY 732.0 billion in revenue and JPY 11.0 billion in operating profit, according to Simply Wall St in an update shared on October 1, 2026.

Guidance points to thinner profits

Nikon’s revised guidance for the fiscal year ending March 31, 2027, calls for JPY 732.0 billion in net sales, JPY 11.0 billion in operating profit, JPY 10.0 billion in profit attributable to owners of the parent and basic earnings per share of JPY 30.36, Simply Wall St reported.

The dividend outlook is the sharper pressure point. Nikon guides to JPY 10.00 per share for the second quarter ending September 30, 2026, compared with JPY 25.00 per share a year earlier, a decline of 60 percent; the year-end forecast is also JPY 10.00 versus JPY 15.00, according to Simply Wall St.

Analyst targets move lower

The market’s valuation debate is also turning more cautious. On September 30, 2026, a US investment bank kept Nikon at Hold but cut its target from JPY 2,100 to JPY 1,800, as reported by Yahoo Finance Japan on October 1, 2026.

The same report put the September 29 consensus at 2.25, described as slightly bearish, with eight analysts and a consensus target of JPY 1,729. That target is below the October 2 price of JPY 1,900, keeping the guidance reset and dividend reduction central to the stock’s valuation discussion.

Stock remains below yearly high

Nikon’s JPY 1,900 price was JPY 60 below the prior close of JPY 1,960 on October 2, 2026. Volume reached 1,645,700 shares, while the 52-week range ran from JPY 1,617.50 to JPY 2,390, placing the stock 20.5 percent below its yearly high.

The market capitalization was JPY 625.9 billion as of October 2, 2026. For investors, the key comparison is now between the JPY 732.0 billion revenue target and the reduced JPY 11.0 billion operating-profit target, rather than revenue alone.