Nikon’s stock has been going gangbusters in the past few months, apparently due to several one-time asset sales that greatly reduced the liability of it finding itself in a cash crunch. Meanwhile, revenues are down by about a quarter across the company. The imaging business appears to be holding its own, though, actually increasing this past year, although still losing about $20 for every $100 the company sells.
Nikon points to a 2022 outlook that is rosier, showing a profit again on revenue that is set to grow about 7 percent based largely on the back of new mirrorless sales.
The upshot for Nikonian camera mount users: the company isn’t going away, and it’s not going to abandon the imaging side of the business – now one of the bright spots.