Reuters: Technology News: Nikon sags nearly 10 percent to nine-month low after cutting earnings guidance

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Nikon sags nearly 10 percent to nine-month low after cutting earnings guidance Aug 9th 2013, 00:19 Tweet Share this Email Print Related News UPDATE 1-Nikon cuts full-year profit target as mirrorless cameras lose their shine 6:08am EDT Nikon Corp's new camera Nikon 1 V1 (L) and J1 are displayed at its unveiling ceremony in Tokyo September 21, 2011. Credit: Reuters/Kim Kyung-Hoon TOKYO | Thu Aug 8, 2013 8:19pm EDT TOKYO (Reuters) - Shares in Nikon Corp sank nearly 10 percent to a nine-month low of 1,815 yen in early trade on Friday after the camera maker cut its full-year earnings and dividend forecasts due to disappointing demand for mirrorless cameras. Nikon shares have fallen 27 percent so far this year, underperforming a 32 percent rise in the benchmark Nikkei average. (Reporting by Dominic Lau; Editing by Edmund Klamann) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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