NIKON REPORT 217 217 217 3 Unlock the future with the power of light
217 7 251 1 1 1 217216 11 Unlock the future with the power of light 2 NIKON REPORT 217
BUSINESS STRATEGY 2 3 8 CFO 1 1 12 FAQ 13 TOPICS 14 SPECIAL FEATURE 16 1 1 BUSINESS PERFORMANCE 2 26 28 28 3 31 FPD 32 33 35 CORPORATE GOVERNANCE 36 SUSTAINABILITY 4 CSR FINANCIAL AND CORPORATE DATA 44 48 53 54 55 1215 NIKON REPORT 217 1
216 11 215 1 218 3 CFO 2 NIKON REPORT 217
BUSINESS STRATEGY 1 6 215 215 216 11 1 25 1,217 31,143 1 NIKON REPORT 217 3
217 2 217 4 218 32 32 51 22 3 ROE * 1 ROIC * 2 ROIC KPI * 3 *1 ROE Return On Equity *2 ROIC Return On Invested Capital *3 KPI Key Performance Indicator 4 NIKON REPORT 217
1 217 7 251 1 4 1AI AI Optos Plc AIMachine Learning AI BUSINESS STRATEGY NIKON REPORT 217 5
1 1 3 4 Unlock the future with the power of light 216 6 5 6 NIKON REPORT 217
1 3% 218 34% BUSINESS STRATEGY 1 217 9 NIKON REPORT 217 7
CFO CFO Q ArF 215 5215 215 1 8 NIKON REPORT 217
CFO Q ROE ROE8% 218 3ROIC BUSINESS STRATEGY Q 3% 218 3 4% Q CEO CFO ROIC ROICKPI CFO IFRS 217 3 IFRS NIKON REPORT 217 9
1 215 218 3 216 11 1 215 215 219 3 Transform to Grow 215 22 3 215 216 219 221 1 NIKON REPORT 217
217 3533* 218 3 2 217 31,143 * IFRS BUSINESS STRATEGY ROE/ROIC 217 3 216 11 215 2 217 42 4 Phase 1 Phase 2 Phase 3 Phase 4 216.11 217.5 218 219 ROE8% NIKON REPORT 217 11
FAQ Q1 A1 218 3 Q2 A2 219 3 ROE8% Q3 A3 1217 3 1,143 3 Q4 A4 217 3 Q5 A5 217 4 12 NIKON REPORT 217
TOPICS BUSINESS STRATEGY 12 NIKON REPORT 217 13
217 6 29 1 1975 23 25 27 29 213 214 215 216 217 4 1981 212 214 216 217 2 CFO 1979 24 25 28 UFJCIB 29 CIB 21 212 213 214 MUFG MUFG 215 216 216 CFO 217 CFO 3 1978 25 26 27 Nikon Inc. CEO 29 Nikon Inc. CEO 21 214 215 216 217 5 1985 215 217 5 4 3 6 2 1 14 NIKON REPORT 217
6 1981 29 212 213 216 9 1969 1996 24 25 UFJ 28 211 212 UFJ 216 7 1977 28 211 IR 214 216 IT 216 217 1 1967 1967 1972 1987 199 1994 1996 21 211 216 8 1978 28 214 216 11 1966 21 22 24 27 27 28 213 216 BUSINESS STRATEGY 7 8 FPD Nikon Europe B.V. IT 9 1 11 NIKON REPORT 217 15
1 217 7 251 1 1 1 1917 1946 Nikon 1918 1947 E G 1921 46 6 1948 I I 1925 JOICO 1932 NIKKOR 1949 1945 195 16 NIKON REPORT 217
1 1952 1986 NSR-L751G 1959 1962 F 1988 199 1993 Nikon Thailand Co., Ltd. FX/DX SPECIAL FEATURE 1963 1995 CNC NEXIV 1968 Nikon Europe N.V. Nikon Europe B.V. Nikon Singapore Pte Ltd NEXIV 1971 15 FTN 1997 COOLPIX 1/3 1976 CF Chromatic Aberration Free 1999 D1 COOLPIX 1 198 LSI NSR-11G 2 Nikon21 FX-21S FX-21S 1981 Ehrenreich Photo-Optical Industries, Inc. Nikon Inc. 22 Nikon Imaging China Co., Ltd. NIKON REPORT 217 17
1 http://www.nikon.co.jp/1th/ 23 213 25 Nikon Imaging China Sales Co., Ltd. Nikon 1 AW1 Nikon 1 AW1 26 ArF NSR-S69B NA 1. 214 27 29 21 211 BioStation CT FX-11S 13 Metris NV Nikon Metrology NV N-SIMN-STORM 3D HN-66 Waviness Nikon 1 J1 Nikon 1 V1 FX-11S N-SIM HN-66 Nikon 1 V1 215 216 Optos Plc 3D HN-C33 ArF NSR-S631E 7 D5D5 153AF FPD FX-68S 1.5 NIKKOR 1 Nikon CEE GmbH HN-C33 NSR-S631E D5 FX-68S 18 NIKON REPORT 217
1 216 KeyMission 36 KeyMission 17 KeyMission 8 217 Mark Roberts Motion Control Limited ECLIPSE Ti2 KeyMission 36 ECLIPSE Ti2 1 Unlock the future with the power of light SPECIAL FEATURE 1948 I 216 D5 1921 6x 217 WX 7x5 IF / WX 1x5 IF FPD 1986 NSR-L751G 216 FX-68S 6 198 NSR-11G 216 NSR-S631E 1925 JOICO 216 ECLIPSE Ti2 1948 215 HN-C33 1947 E G 216 Nivo-i 1946 216 AP 3D NIKON REPORT 217 19
3 31 216 3217 3IFRS 28 29 21 211 212 213 955,792 879,719 785,499 887,513 918,652 1,1,494 29,814 219,915 15,11 28,614 248,145 179,13 586,147 596,468 569,465 596,376 587,127 751,241 59,43 44,642 45,51 57,452 56, 53,877 (551,551) (561,642) (552,49) (575,536) (567,) (663,59) (269,72) (269,892) (246,944) (257,924) (271,571) (295,983) 135,169 48,185 (13,854) 54,53 8,81 51,2 43,348 8,41 (58,557) 2,712 42,724 13,9 83,974 4,39 52,117 52,332 53,972 6,711 4,81 (2,724) (9,331) (5,248) (3,166) (4,978) 116,74 39,18 (17,672) 46,56 86,168 61,857 75,484 28,56 (12,615) 27,313 59,36 42,459 1* 1 189. 7.76 (31.82) 68.9 149.57 17.7 181.23 67.91 68.83 149.41 16.92 25. 18. 8. 19. 38. 31. 39,829 43,467 37,525 29,776 55,915 6,158 25,678 32,91 35,956 34,34 32,57 36,226 58,373 61,489 6,261 6,767 68,71 76,497 82,622 749,85 74,632 829,99 86,23 864,668 393,126 379,87 372,7 389,22 433,617 49,218 76,544 114,94 12,388 87,476 86,367 85,348 % 47.9 5.5 5.2 46.8 5.3 56.6 D/E.19.3.28.22.2.17 ROE* % 2 2.4 7.3 (3.4) 7.2 14.4 9.2 ROA* % 2 9.6 3.6 (1.7) 3.5 7. 4.9 48 48 69 68 68 71 25,342 23,759 26,125 24,49 24,348 24,47 214 215 216 217 CO2-CO2 * 3 16 157 155 15 CO2-CO2 * 3 62 64 61 64 2,819 2,488 2,769 2,746 1,213 1,98 1,75 165 217 2 11 216 3217 P.26 P.55 2 NIKON REPORT 217
214 215 216* 4 98,556 857,782 819,388 25,447 17,758 178,889 685,446 586,19 52,484 64,79 72,382 77,242 18,312 (63,568) (532,383) (56,773) (287,46) (281,987) (28,917) 62,942 43,412 31,699 2,79 8,355 9,65 64,284 56,699 45,752 (2,156) 1,199 2,819 (4,675) 74,692 35,153 28,579 46,825 18,364 18,254 118.6 46.29 46.5 117.88 46.21 45.94 32. 32. 18. (IFRS) * 5 216 217 217 841,4 749,273 $6,678,612 2,538 248,26 2,21,771 52,487 383,24 3,414,65 77,242 73,449 654,686 18,312 2,276 18,729 (522,232) (443,153) (3,95,19) (276,988) (247,548) (2,26,511) 35,266 774 6,898 9,441 13,463 119,999 46,796 17,15 152,862 3,383 1,279 11,45 (2,147) (1,599) (14,256) 39,546 3,68 27,342 29,947 3,967 35,358 1 * 1 75.55 1.1.9 75.37 9.98.9 18. 16..14 BUSINESS PERFORMANCE 45,472 32,55 34,498 42,477 38,458 37,739 74,552 66,73 66,781 949,515 972,945 966,578 546,813 572,21 528,28 127,132 115,498 112,772 34,498 32,234 287,319 38,811 33,972 32,86 * 6 66,781 63,636 567,215 982,564 1,18,351 9,77,18 537,78 538,15 4,796,769 112,642 141,494 1,261,22 57.5 58.6 54.5.23.2.21 9. 3.3 3.4 5.2 1.9 1.9 7 75 84 23,859 25,415 25,729 % 54.6 52.8 D/E.21.26 ROE* % 2 5.5.7 ROA* % 2 3..4 84 82 25,729 25,31 *1 1 *2 ROEROA *3 CO2 CO2 IEA212 *4 FPD 217 3 216 3 *5 217 3 311112.19 *6 NIKON REPORT 217 21
3 31 215 3 216 3IFRS 1 * 2 1,2, 8, 4, * 29 21 211 212 213 214 215 216 217 % 1, 15 8, 6, 4, 2, 2, 29 21 211 212 213 214 215 216 217 % 12 9 6 3 3 3 * ROE 4 % 8, 2 15, 6, 4, 2, 2, 29 21 211 212 213 214 215 216 217 * ROE % * 15 1 5 5 1, 5, 5, 1, 29 21 211 212 213 214 215 216 217 5 * 1 * 2 6 D/E % 7, 6, 7 6 5, 4, 3, 5 4 3 2, 1, 2 1 29 21 211 212 213 214 215 216 217 * 1 % * 2 *1 *2 15, 1, 5, 29 21 211 212 213 214 215 216 217 D/E.6.4.2 22 NIKON REPORT 217
7 8 * 1 * 2 7, 6, 5, 4, 3, 2, 1, 2 29 21 211 212 213 214 215 216 217 % 1, 8, 6, 4, 2, 1,6 29 21 211 212 213 214 215 216 217 9 1* 1 1* * 1 * 2 % *1 *2 1 8 6 4 2 BUSINESS PERFORMANCE 1 1 29 21 211 212 213 214 215 216 217 *1 1,2 8 4 29 21 211 212 213 214 215 216 217 *1 11 1 % 4 2 3 2 1 29 21 211 212 213 214 215 216 217 1 % 15 1 5 NIKON REPORT 217 23
7 7 3 31 IFRS 217 3 IFRS 39 71 11 IFRS IFRS IFRS IFRS 217 3 IFRS 1 183 9,972 211 IFRS 5,381 5,226 155 216217 3 71 11 2 27 1 63 1 IFRS 39 2,986 5,226 6,985 4,745 6,59 4,82 3,593 5,381 57 211 395 211 155 67 9,972 IFRS IFRS 1 183 9,972 1 183 24 NIKON REPORT 217 24
ESG 217 7 3 ESG ESG FTSE4 Good Index Series 24 FTSE Blossom Japan Index* 2 217 FTSE4 Good Index Series FTSE Russell FTSE Blossom Japan IndexESG MS-SRI ECPI Ethical Index Global 21 MS-SRI 15 211 ECPI ESG MSCI ESG * 1 * 2 MSCI * 1 * 2 217 MSCIESG 5 ESG 217 MSCI 5 BUSINESS PERFORMANCE MSCI ESG Leaders Indexes* 1 214 MSCI Global Sustainability Indexes ESG *1 MSCI MSCIMSCI MSCIMSCI MSCI MSCI MSCI *2 GPIF 217 3 217 3 DBJ 216 DBJ DBJ RobecoSAM Sustainability Award Industry Mover 217 RobecoSAM Sustainability Award Industry MoverRobecoSAM 15% 217 3 216 D5D5 Technical Image Press Association TIPA AWARDS 216 D5D5 SnapBridge 216 D5 European Imaging and Sound Association EISA AWARD D5 if International Forum Design GmbH if 217 D5D5 KeyMission 36 ECLIPSE Ti2 Nivo-i NIKON REPORT 217 25
1948 I FPD EL FPD ELFPD 45mm 215Lonza 215 Optos Plc216 Verily Life Sciences LLC AI 26 NIKON REPORT 217
X CT XCT FPD 217 6 29 218 32 BUSINESS PERFORMANCE FPD FPD * 1 * 2 * 2 2.7% 3.3% 22.3% 16.9% 9.8% 33.1% 7,492 7,492 51.1% 19.9% 24.3% *1 *2 IFRS 16.6% NIKON REPORT 217 27
FPD CFO CFO Q 217 3 216 11 217 2 4 CVC Corporate Venture Capital 216 7 CVCSBI 28 NIKON REPORT 217
BUSINESS PERFORMANCE CAP Corporate Accelerator Program CAP 218 3 CAP Q 218 3 2 ROEROICKPI 216 11 3 4 ROE8% NIKON REPORT 217 29
Q 217 3 217 3216 4 1 DL Q 1 Nikon 1 J5 D75 COOLPIX W3 218 3ROIC QCD Quality Cost Delivery 3 NIKON REPORT 217
FPD FPD Q 217 3 217 3 92 1 FPD BUSINESS PERFORMANCE Q 218 3 1.5 1 OLED ELOLED FPD FX-68S FPD FX-11S FPD 24 FPD FPD NIKON REPORT 217 31
Q 217 3 216 11 1 1 Q 218 3 219 3 ArF NSR-S631E ArF NSR-S322F 217 4 32 NIKON REPORT 217
217 6 29 Q 217 3 2 CiRA ips 2 215 1% Lonza 215 Optos Plc Optos OptosGoogle Inc.Alphabet Inc. Verily Life Sciences LLCVerilyMachine Learning AI Optos Optos2% ECLIPSE Ti2 19 Alexa Fluor 488-WGA, Alexa Fluor 568-Phalloidin, Dapi ECLIPSE Ti2 BUSINESS PERFORMANCE NIKON REPORT 217 33
Q 217 6 292 213 217 2 218 3GMP* Optos Verily 218 3 Optos AI Optos QOL Quality of Life * Good Manufacturing Practice California Daytona 34 NIKON REPORT 217
Q 217 3 217 3 Laser Radar 2 3 BUSINESS PERFORMANCE Q 217 XCT XT H 45 3D HN-C33 217 6 NIKON REPORT 217 35
217 6 29 CSR 43 36 NIKON REPORT 217
35 CORPORATE GOVERNANCE a b * c d e f * 131 2%1 2%1 231 NIKON REPORT 217 37
UFJ 217 3 1211 1211 76 32 33 1212 77 33 33 1211 76 216 6 29 152 216 6 29 152 217 3 () 12 3 294 13 8 117 12 3 411 13 () 5 3 62 24 5 3 62 24 () 4 2 18 5 4 2 18 5 21 374 8 117 21 491 216 6 29 152 216 6 29 1523 2 38 NIKON REPORT 217
a 2% 3 15% 5% b 217 3 3*39* J-SOX * 1 2 1 36 3 J-SOX CORPORATE GOVERNANCE http://www.nikon.co.jp/ir/governance/organization/pdf/corporate_governance_report_217.pdf NIKON REPORT 217 39
CSR CSR CSR SDGs 217 7 251 CSR CSR CSR 2 CSR CSR CSR217 4 1 CSR CSR CSR CSR CSR CSR CSR CSR CSR218 3 CSR 4 NIKON REPORT 217
CSR 1 CO241 CO2 11 1 52,kWh SUSTAINABILITY CO2 4% 11% 16CO2 36.81% NIKON REPORT 217 41
2 CSR CSR 1,7 7 3 9 QCD Quality Cost Delivery CSRCSR CSR CSR CSR CSR 216 3 217 3 217 3 216 3 217 3 CSR 42 NIKON REPORT 217
CSR 3 1 2 213Nikon Lao Co., Ltd.NLC Win-Win NLC1,4 NLC Nikon Thailand Co., Ltd. NLC NLC 3 Win-Win 216 1 SUSTAINABILITY NIKON REPORT 217 43
217 3 217 3 31 EU FPD 215 215 1,143 7,492 73917 661.9% 7 74344 93 97.8% 39 67259 8 86.8% 216217 3 31 216 217 1.% 1.% (62.1) (59.1) 37.9 4.9 (32.9) (33.) (.8) (7.7) 4.2.2.4.2 4.7.4 (1.1).1 3.6.5 3.6.5 1,2, 9, 6, 8, 6, 4, 4, 3, 2, 213 214 215 216 217 213 214 215 216 217 213 214 215 216 217 44 NIKON REPORT 217
ArFNSR-S322F 216 2 ArF NSR- S631E FPD FX-66S2 FX-67S2216 3FX-68S 2,48 26 23.7% 134 63 42.6% D75 DXD72 2mm COOLPIX P9 COOLPIX B5 3,83 24 26.4% 171 5 63.4% 3, 8, 6, 2, 4, 1, 2, CNC NEXIV 734 49 4.9%12 79 62.2% 22 76 15 99 FPD 244 98.1%33 96 2.9% 8, 6, 4, 2, FINANCIAL AND CORPORATE DATA 213 214 215 216 217 213 214 215 216 217 2, 213 214 215 216 217 NIKON REPORT 217 45
FPD 218 311 2 2 1 2 3 22 3 217 3 322 34 6.6% 75 11 7 71 24 375 44 14 51 42 2 636 364.7% 8.5%.6 162 17 249 21 62 2937 93 124 85 217 36,59 13 187 22 678 36 433 21 3,593 3817 64 142 2 217 3 % 2.7 3.3 12, 8, 9.8 33.1 8, 6, 749,273 4, 4, 2, 51.1 4, 213 214 215 216 217 46 NIKON REPORT 217 213 214 215 216 217
217 33,419 18 41 85 68 47 1,382 8335 29 43 73 99 68 5,381 51 72 8 59 1.8 52.8% 217 3 11 7 973 42 Optos Plc 217 3 424 84 46 93 336 95 155 22 216217 3 31 216 217 1.% 1.% 65.2 64.7 26.8 21.6 34.8 35.3 13. 12. 21.8 23.3 34.4 33.6 2.7 2.3 1.9 13.6 8.6 11.2 54.6 52.8 4% ROE ROA* % % 6, 1 12. 217 3 14 12 116 % 4 2 FINANCIAL AND CORPORATE DATA 45, 75 8. 3 15 3, 5 2 1 15, 25 4. 1 5 213 214 215 216 217 % 213 214 215 216 217 ROE ROA * ROE ROA 213 214 215 216 217 % NIKON REPORT 217 47
217 3 31 215 216 217 259,625 251,21 319,46 129,361 14,61 96,221 272,27 263,72 22,4 4,439 7,973 9,163 13,83 12,786 14,183 679,525 64,291 659,13 266 679,791 64,291 659,13 147,7 127,43 121,827 31,639 7,621 67,752 5,821 1,162 5,489 1,196 1,645 11,696 79,413 71,123 85,343 53,996 6,298 62,883 1,495 1,22 4,349 329,628 342,274 359,338 1,9,42 982,564 1,18,351 217 3IFRS 48 NIKON REPORT 217
215 216 217 125,719 124,131 112,87 28,6 26,498 23,61 5,417 4,272 3,567 99,644 14,548 111,395 9,193 7,97 6,926 4,42 33,92 31,213 38,195 37,222 52,347 347,188 337,732 341,918 84,436 84,71 114,477 8,438 8,889 8,624 3,624 4,12 4,131 364 5,482 5,193 3,276 2,465 2,991 2,564 2,745 2,868 12,71 17,754 138,283 449,889 445,487 48,21 65,476 65,476 65,476 8,981 81,234 81,163 (12,413) (13,255) (13,215) 11,57 (25,522) (25,381) 413,928 428,622 429,481 559,29 536,555 537,524 52 523 626 559,531 537,78 538,15 1,9,42 982,564 1,18,351 FINANCIAL AND CORPORATE DATA NIKON REPORT 217 49
217 3 31 216 217 841,4 749,273 (522,232) (443,153) 318,88 36,121 (276,988) (247,548) 8,685 3,66 (15,239) (61,44) 35,266 774 7,432 5,781 (4,192) (4,6) 1,4 518 39,546 3,68 (9,52) 99 3,44 4,57 29,947 3,967 97 91 3,44 4,57 1 1 75.55 1.1 1 75.37 9.98 217 3 31 216 217 3,44 4,57 (8,424) 7,338 (3,472) 3,37 18 (17) (11,879) 1,628 (27,856) (4,248) (35) (363) (216) (337) (28,18) (4,948) (39,987) 5,68 (9,943) 9,737 (9,987) 9,676 45 61 (9,943) 9,737 217 3IFRS 5 NIKON REPORT 217
217 3 31 215 4 1 65,476 8,981 (12,413) 1,822 (2) 237 11,57 413,928 559,29 52 559,531 29,947 29,947 97 3,44 (8,424) (3,472) (199) (27,84) (35) (39,934) (39,934) (52) (39,987) (8,424) (3,472) (199) (27,84) (35) (39,934) 29,947 (9,987) 45 (9,943) (11,92) (11,92) (24) (11,926) () (976) (976) (976) 34 134 5 479 479 (87) (87) (87) (99) 3,472 (18) 3,356 (3,356) 253 (842) (99) 3,472 (18) 3,356 (15,253) (12,486) (24) (12,51) 21631 65,476 81,234 (13,255) 2,3 (218) (27,84) 21 (25,522) 428,622 536,555 523 537,78 3,967 3,967 91 4,57 7,338 3,37 (354) (4,218) (363) 5,71 5,71 (3) 5,68 7,338 3,37 (354) (4,218) (363) 5,71 3,967 9,676 61 9,737 (8,729) (8,729) (45) (8,774) () (4) (5) (5) (71) 44 52 26 26 88 88 (2,278) (3,37) 16 (5,569) (5,569) (71) 4 (2,278) (3,37) 16 (5,569) (3,18) (8,78) 43 (8,665) 21731 65,476 81,163 (13,215) 7,36 (557) (32,22) (162) (25,381) 429,481 537,524 626 538,15 217 3IFRS FINANCIAL AND CORPORATE DATA NIKON REPORT 217 51
217 3 31 216 217 39,546 3,68 38,811 33,972 8,449 5,351 (3,256) (3,245) (1,4) (518) (3,148) (39) 1,418 1,314 3,956 7,432 (1,263) 42,229 3,474 (13,13) 4,855 5,719 (2,83) (1,14) 478 32 164 23,252 117,362 14,63 4,338 4,671 (1,45) (1,248) (1,37) (12,783) (9,377) 17,512 97,342 (21,957) (21,295) 3,678 271 (12,121) (9,119) (6,791) (8,835) 1,9 5,851 (19,559) (8,867) 15,854 5,822 (43,563) (1,1) 271 (3,42) (83,178) (4,693) () 12,5 38,78 (15,) (12,93) (11,91) (8,734) (24) (45) (3,739) (1,576) (18,174) 15,522 (14,575) (4,335) (8,415) 67,836 259,625 251,21 251,21 319,46 217 3IFRS 52 NIKON REPORT 217
217 6 29 CFO IT FPD FINANCIAL AND CORPORATE DATA NIKON REPORT 217 53
217 3 31 18-629 2-15-3 C 1917 7 25 25,31 7.8% 9.4% 33.% 1.4% 48.4% 65,476 1,,, 4,878,921 33,786 7731 1-8212 1-4-5 UFJ % 32,295 8.1 24,344 6.1 19,537 4.9 9 8,364 2.1 UFJ 7,378 1.9 6,81 1.7 6,71 1.7 NORTHERN TRUST CO. AVFC RE THE KILTEARN GLOBAL EQUITY FUND 6,79 1.7 6,42 1.6 6,42 1.5 4,98,754 18-629 2-15-3 C Tel: 3-6433-36 2,5 2, 1,5 http://www.nikon.co.jp/ir/ 1, 1, 8, 6, 4, 2, 1Q 2Q 3Q 4Q 216 3 1Q 2Q 3Q 4Q 217 3 54 NIKON REPORT 217
217 CSR CSR http://www.nikon.co.jp/sustainability/ 217 FINANCIAL AND CORPORATE DATA CO2 CO2 217 3216 4 12 217 3 31 NIKON REPORT 217 55
18-629 2-15-3 C www.nikon.co.jp