Nikon stock posts 164.1 billion yen in Q1 revenue

Nikon stock is anchored by JPY 164.1 billion in revenue for the first quarter of fiscal 2027, according to Note in an analysis of the results released on August 6, 2026. The figure was JPY 6.0 billion higher than in the same quarter a year earlier, but the earnings mix remains important for the recovery story.

Revenue rises as cash flow turns positive

The same first-quarter analysis puts free cash flow at JPY 4.5 billion, compared with a JPY 9.3 billion outflow in the prior-year period. That is a JPY 13.8 billion year-over-year improvement, giving Nikon a stronger cash-flow contribution even as profitability remains under pressure.

Gross margin moved down from 42.5 percent to 39.3 percent, a decline of 3.2 percentage points. The contrast between higher revenue and lower margin makes operating execution more important than the top-line increase alone.

Dividend date brings a separate checkpoint

According to Futu News on September 28, 2026, Nikon went ex-dividend on September 29, 2026, with a JPY 10.00 per-share payment and a September 30, 2026 record date. The dividend date gives the stock a defined event marker alongside the latest quarterly figures.

Analyst target stays below the market

Yahoo Finance Japan reported on September 8, 2026, that a Japanese securities firm cut Nikon's rating from Neutral to Underperform and lowered its price target from JPY 2,110 to JPY 1,600. The report also cited a consensus target of JPY 1,793 from eight analysts as of September 7, 2026, placing the earnings recovery against a cautious valuation view.

Nikon market values on September 29

Nikon's market capitalization stood at JPY 621.6 billion on September 29, 2026, while its 52-week range was JPY 1,617.50 to JPY 2,390.00. Nikon Corporation is listed on the TSE under ticker 7731 and operates across imaging products, precision equipment and healthcare, giving investors several operating drivers beyond cameras.