Nikon Expects Extraordinary Losses As A Result Of Coronavirus Pandemic
As we all know, the coronavirus pandemic has been affecting many businesses, big and small, and camera companies are not an exception. In a recent notice, Nikon warned investors of “extraordinary losses” expected due to the current pandemic. Nikon issued one notice to revise the financial forecast initially announced on 6 February current year. Apparently, the situation has changed, and the revision reflects the company’s recent business performance trend. In this notice, Nikon suggests that “impairment losses are expected to be recognized....