25 XP   0   0   10

Nikon Corp
Buy, Hold or Sell?

Let's analyse Nikon together

PenkeI guess you are interested in Nikon Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Nikon Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Nikon Corp

I send you an email if I find something interesting about Nikon Corp.

Quick analysis of Nikon (30 sec.)










What can you expect buying and holding a share of Nikon? (30 sec.)

How much money do you get?

How much money do you get?
$0.33
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$12.41
Expected worth in 1 year
$13.56
How sure are you?
75.0%

+ What do you gain per year?

Total Gains per Share
$1.47
Return On Investment
14.5%

For what price can you sell your share?

Current Price per Share
$10.16
Expected price per share
$9.29 - $11.42
How sure are you?
50%

1. Valuation of Nikon (5 min.)




Live pricePrice per Share (EOD)

$10.16

Intrinsic Value Per Share

$-1.36 - $14.92

Total Value Per Share

$11.05 - $27.33

2. Growth of Nikon (5 min.)




Is Nikon growing?

Current yearPrevious yearGrowGrow %
How rich?$4.3b$4b$185.7m4.4%

How much money is Nikon making?

Current yearPrevious yearGrowGrow %
Making money$50.2m$71m-$20.7m-41.4%
Net Profit Margin4.2%7.0%--

How much money comes from the company's main activities?

3. Financial Health of Nikon (5 min.)




4. Comparing to competitors in the Leisure industry (5 min.)




  Industry Rankings (Leisure)  


Richest
#5 / 170

Most Revenue
#8 / 170

Most Profit
#15 / 170

What can you expect buying and holding a share of Nikon? (5 min.)

Welcome investor! Nikon's management wants to use your money to grow the business. In return you get a share of Nikon.

What can you expect buying and holding a share of Nikon?

First you should know what it really means to hold a share of Nikon. And how you can make/lose money.

Speculation

The Price per Share of Nikon is $10.16. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Nikon.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Nikon, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $12.41. Based on the TTM, the Book Value Change Per Share is $0.29 per quarter. Based on the YOY, the Book Value Change Per Share is $0.20 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.08 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nikon.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.292.8%0.131.3%0.201.9%0.101.0%0.070.7%
Usd Book Value Change Per Share0.060.6%0.292.8%0.201.9%0.131.3%0.080.8%
Usd Dividend Per Share0.161.6%0.080.8%0.070.7%0.070.6%0.060.6%
Usd Total Gains Per Share0.222.1%0.373.6%0.262.6%0.202.0%0.141.4%
Usd Price Per Share9.82-10.86-10.11-10.45-12.83-
Price to Earnings Ratio8.54-36.63-19.79-16.95-607.15-
Price-to-Total Gains Ratio45.20-39.64-91.22-16.87-87.77-
Price to Book Ratio0.79-0.89-0.91-0.99-1.32-
Price-to-Total Gains Ratio45.20-39.64-91.22-16.87-87.77-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share10.16
Number of shares98
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.080.07
Usd Book Value Change Per Share0.290.13
Usd Total Gains Per Share0.370.20
Gains per Quarter (98 shares)36.1219.53
Gains per Year (98 shares)144.4678.13
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
132112134265268
26422527852105146
39633742278157224
4128449566103209302
5161562710129261380
6193674854155314458
7225786998181366536
82578991142207418614
928910111286233471692
1032111241430258523770

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.01.00.091.7%16.04.00.080.0%35.05.00.087.5%53.010.00.084.1%
Book Value Change Per Share4.00.00.0100.0%10.02.00.083.3%14.06.00.070.0%27.013.00.067.5%42.018.03.066.7%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%63.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%16.04.00.080.0%30.010.00.075.0%50.013.00.079.4%

Fundamentals of Nikon

About Nikon Corp

Nikon Corporation manufactures and sells optical instruments in Japan, North America, Europe, China, Thailand, and internationally. It operates through Imaging Products Business, Precision Equipment Business, Healthcare Business, Components Business, and Industrial equipment and Others segments. The Imaging Products Business segment provides digital SLR cameras, compact digital cameras, and interchangeable camera lenses. The Precision Equipment Business segment offers FPD lithography systems and semiconductor lithography systems. The Healthcare Business segment provides biological microscopes, cell culture observation systems, and ultra-wide field retinal imaging devices, as well as products and services related to the contract cell development and manufacturing field. The Components Business segment offers optical components, optical parts, encoders, and material processing products and services; EUV-related components and space-related solutions; and photomask substrates for FPDs. The Industrial equipment and Others segment provides industrial microscopes, non-contact 3D metrology systems, measuring instruments, X-ray/CT inspection systems, and surveying instruments. In addition, it sells used equipment; provides maintenance services for FPD/semiconductor lithography systems; sells and services cameras, microscopes, measuring instruments, and X-ray inspection equipment; and develops and supports computer software. Further, the company is involved in the procurement, logistics, and welfare activities; development, manufacturing, and testing services for eyeglass and lenses; and assembly of camera units. Nikon Corporation was incorporated in 1917 and is headquartered in Minato, Japan.

Fundamental data was last updated by Penke on 2024-03-11 10:40:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Nikon Corp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Nikon earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Nikon to the Leisure industry mean.
  • A Net Profit Margin of 7.7% means that $0.08 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Nikon Corp:

  • The MRQ is 7.7%. The company is making a profit. +1
  • The TTM is 4.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ7.7%TTM4.2%+3.5%
TTM4.2%YOY7.0%-2.8%
TTM4.2%5Y2.6%+1.5%
5Y2.6%10Y3.2%-0.6%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ7.7%1.5%+6.2%
TTM4.2%1.4%+2.8%
YOY7.0%4.7%+2.3%
5Y2.6%0.2%+2.4%
10Y3.2%2.3%+0.9%
1.1.2. Return on Assets

Shows how efficient Nikon is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Nikon to the Leisure industry mean.
  • 1.4% Return on Assets means that Nikon generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Nikon Corp:

  • The MRQ is 1.4%. Using its assets, the company is less efficient in making profit.
  • The TTM is 0.7%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.4%TTM0.7%+0.7%
TTM0.7%YOY1.0%-0.3%
TTM0.7%5Y0.5%+0.2%
5Y0.5%10Y0.6%-0.1%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4%0.3%+1.1%
TTM0.7%0.5%+0.2%
YOY1.0%0.9%+0.1%
5Y0.5%0.5%+0.0%
10Y0.6%1.0%-0.4%
1.1.3. Return on Equity

Shows how efficient Nikon is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Nikon to the Leisure industry mean.
  • 2.3% Return on Equity means Nikon generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Nikon Corp:

  • The MRQ is 2.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.3%TTM1.2%+1.1%
TTM1.2%YOY1.8%-0.6%
TTM1.2%5Y0.9%+0.3%
5Y0.9%10Y1.1%-0.2%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3%0.7%+1.6%
TTM1.2%1.0%+0.2%
YOY1.8%1.7%+0.1%
5Y0.9%0.6%+0.3%
10Y1.1%1.7%-0.6%

1.2. Operating Efficiency of Nikon Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nikon is operating .

  • Measures how much profit Nikon makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Nikon to the Leisure industry mean.
  • An Operating Margin of 12.2% means the company generated $0.12  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Nikon Corp:

  • The MRQ is 12.2%. The company is operating less efficient.
  • The TTM is 7.0%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ12.2%TTM7.0%+5.2%
TTM7.0%YOY11.1%-4.2%
TTM7.0%5Y4.5%+2.5%
5Y4.5%10Y5.5%-1.1%
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ12.2%6.0%+6.2%
TTM7.0%4.6%+2.4%
YOY11.1%4.9%+6.2%
5Y4.5%2.8%+1.7%
10Y5.5%3.4%+2.1%
1.2.2. Operating Ratio

Measures how efficient Nikon is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Leisure industry mean).
  • An Operation Ratio of 0.89 means that the operating costs are $0.89 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Nikon Corp:

  • The MRQ is 0.895. The company is less efficient in keeping operating costs low.
  • The TTM is 0.947. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.895TTM0.947-0.053
TTM0.947YOY0.913+0.034
TTM0.9475Y0.976-0.029
5Y0.97610Y0.964+0.012
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8951.356-0.461
TTM0.9471.356-0.409
YOY0.9131.381-0.468
5Y0.9761.367-0.391
10Y0.9641.194-0.230

1.3. Liquidity of Nikon Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Nikon is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Leisure industry mean).
  • A Current Ratio of 2.00 means the company has $2.00 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Nikon Corp:

  • The MRQ is 2.001. The company is able to pay all its short-term debts. +1
  • The TTM is 2.108. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.001TTM2.108-0.107
TTM2.108YOY2.279-0.171
TTM2.1085Y2.149-0.042
5Y2.14910Y2.129+0.020
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0011.765+0.236
TTM2.1081.774+0.334
YOY2.2791.752+0.527
5Y2.1491.913+0.236
10Y2.1291.761+0.368
1.3.2. Quick Ratio

Measures if Nikon is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Nikon to the Leisure industry mean.
  • A Quick Ratio of 1.08 means the company can pay off $1.08 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Nikon Corp:

  • The MRQ is 1.077. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.116. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.077TTM1.116-0.039
TTM1.116YOY1.401-0.285
TTM1.1165Y1.300-0.184
5Y1.30010Y1.266+0.034
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0770.661+0.416
TTM1.1160.706+0.410
YOY1.4010.784+0.617
5Y1.3000.907+0.393
10Y1.2660.775+0.491

1.4. Solvency of Nikon Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Nikon assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Nikon to Leisure industry mean.
  • A Debt to Asset Ratio of 0.40 means that Nikon assets are financed with 40.5% credit (debt) and the remaining percentage (100% - 40.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Nikon Corp:

  • The MRQ is 0.405. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.410. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.405TTM0.410-0.005
TTM0.410YOY0.425-0.015
TTM0.4105Y0.439-0.029
5Y0.43910Y0.446-0.007
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4050.458-0.053
TTM0.4100.459-0.049
YOY0.4250.484-0.059
5Y0.4390.456-0.017
10Y0.4460.448-0.002
1.4.2. Debt to Equity Ratio

Measures if Nikon is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Nikon to the Leisure industry mean.
  • A Debt to Equity ratio of 68.1% means that company has $0.68 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Nikon Corp:

  • The MRQ is 0.681. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.696. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.681TTM0.696-0.015
TTM0.696YOY0.740-0.044
TTM0.6965Y0.787-0.090
5Y0.78710Y0.810-0.023
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6810.758-0.077
TTM0.6960.812-0.116
YOY0.7400.909-0.169
5Y0.7870.913-0.126
10Y0.8100.894-0.084

2. Market Valuation of Nikon Corp

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Nikon generates.

  • Above 15 is considered overpriced but always compare Nikon to the Leisure industry mean.
  • A PE ratio of 8.54 means the investor is paying $8.54 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Nikon Corp:

  • The EOD is 8.834. Based on the earnings, the company is underpriced. +1
  • The MRQ is 8.539. Based on the earnings, the company is underpriced. +1
  • The TTM is 36.633. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD8.834MRQ8.539+0.296
MRQ8.539TTM36.633-28.094
TTM36.633YOY19.792+16.841
TTM36.6335Y16.948+19.684
5Y16.94810Y607.151-590.203
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
EOD8.8347.528+1.306
MRQ8.5397.046+1.493
TTM36.63311.386+25.247
YOY19.7928.357+11.435
5Y16.94811.581+5.367
10Y607.15114.427+592.724
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Nikon Corp:

  • The EOD is 7.260. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 7.017. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -7.820. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD7.260MRQ7.017+0.243
MRQ7.017TTM-7.820+14.837
TTM-7.820YOY-27.638+19.818
TTM-7.8205Y-98.639+90.819
5Y-98.63910Y-45.596-53.043
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
EOD7.2602.664+4.596
MRQ7.0173.145+3.872
TTM-7.8200.229-8.049
YOY-27.6381.977-29.615
5Y-98.639-0.010-98.629
10Y-45.5960.488-46.084
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Nikon is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Leisure industry mean).
  • A PB ratio of 0.79 means the investor is paying $0.79 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Nikon Corp:

  • The EOD is 0.819. Based on the equity, the company is cheap. +2
  • The MRQ is 0.791. Based on the equity, the company is cheap. +2
  • The TTM is 0.894. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.819MRQ0.791+0.027
MRQ0.791TTM0.894-0.103
TTM0.894YOY0.911-0.017
TTM0.8945Y0.989-0.095
5Y0.98910Y1.316-0.327
Compared to industry (Leisure)
PeriodCompanyIndustry (mean)+/- 
EOD0.8191.469-0.650
MRQ0.7911.649-0.858
TTM0.8941.720-0.826
YOY0.9111.977-1.066
5Y0.9892.203-1.214
10Y1.3162.522-1.206
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Nikon Corp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0560.287-80%0.196-71%0.133-58%0.082-31%
Book Value Per Share--12.41012.148+2%11.111+12%10.601+17%9.932+25%
Current Ratio--2.0012.108-5%2.279-12%2.149-7%2.129-6%
Debt To Asset Ratio--0.4050.410-1%0.425-5%0.439-8%0.446-9%
Debt To Equity Ratio--0.6810.696-2%0.740-8%0.787-13%0.810-16%
Dividend Per Share--0.1610.082+96%0.066+143%0.066+144%0.058+175%
Eps--0.2880.130+120%0.196+47%0.097+197%0.072+301%
Free Cash Flow Per Share--0.350-0.148+142%-0.026+108%-0.065+119%0.129+172%
Free Cash Flow To Equity Per Share--0.104-0.381+467%-0.272+362%-0.240+331%0.030+244%
Gross Profit Margin--1.0000.174+475%0.034+2832%0.642+56%0.821+22%
Intrinsic Value_10Y_max--14.917--------
Intrinsic Value_10Y_min---1.355--------
Intrinsic Value_1Y_max--0.658--------
Intrinsic Value_1Y_min---0.283--------
Intrinsic Value_3Y_max--2.614--------
Intrinsic Value_3Y_min---0.729--------
Intrinsic Value_5Y_max--5.340--------
Intrinsic Value_5Y_min---1.036--------
Market Cap3519891522.560+3%3420040860.0003788791663.498-10%3691560338.000-7%3874398079.550-12%4956083385.404-31%
Net Profit Margin--0.0770.042+84%0.070+10%0.026+193%0.032+141%
Operating Margin--0.1220.070+75%0.111+9%0.045+173%0.055+120%
Operating Ratio--0.8950.947-6%0.913-2%0.976-8%0.964-7%
Pb Ratio0.819+3%0.7910.894-12%0.911-13%0.989-20%1.316-40%
Pe Ratio8.834+3%8.53936.633-77%19.792-57%16.948-50%607.151-99%
Price Per Share10.160+3%9.82010.860-10%10.108-3%10.451-6%12.831-23%
Price To Free Cash Flow Ratio7.260+3%7.017-7.820+211%-27.638+494%-98.639+1506%-45.596+750%
Price To Total Gains Ratio46.766+3%45.20139.642+14%91.225-50%16.869+168%87.767-48%
Quick Ratio--1.0771.116-3%1.401-23%1.300-17%1.266-15%
Return On Assets--0.0140.007+98%0.010+37%0.005+174%0.006+133%
Return On Equity--0.0230.012+96%0.018+32%0.009+168%0.011+119%
Total Gains Per Share--0.2170.369-41%0.263-17%0.199+9%0.141+54%
Usd Book Value--4321996800.0004238231250.000+2%4052499000.000+7%3907248510.000+11%3791879520.000+14%
Usd Book Value Change Per Share--0.0560.287-80%0.196-71%0.133-58%0.082-31%
Usd Book Value Per Share--12.41012.148+2%11.111+12%10.601+17%9.932+25%
Usd Dividend Per Share--0.1610.082+96%0.066+143%0.066+144%0.058+175%
Usd Eps--0.2880.130+120%0.196+47%0.097+197%0.072+301%
Usd Free Cash Flow--121849200.000-51889200.000+143%-9367050.000+108%-23760330.000+119%52192965.000+133%
Usd Free Cash Flow Per Share--0.350-0.148+142%-0.026+108%-0.065+119%0.129+172%
Usd Free Cash Flow To Equity Per Share--0.104-0.381+467%-0.272+362%-0.240+331%0.030+244%
Usd Market Cap3519891522.560+3%3420040860.0003788791663.498-10%3691560338.000-7%3874398079.550-12%4956083385.404-31%
Usd Price Per Share10.160+3%9.82010.860-10%10.108-3%10.451-6%12.831-23%
Usd Profit--100135200.00050262300.000+99%71053950.000+41%36803580.000+172%41708535.000+140%
Usd Revenue--1304265600.0001156518000.000+13%972450600.000+34%964014150.000+35%1129074870.000+16%
Usd Total Gains Per Share--0.2170.369-41%0.263-17%0.199+9%0.141+54%
 EOD+4 -4MRQTTM+26 -10YOY+25 -115Y+28 -810Y+27 -9

3.2. Fundamental Score

Let's check the fundamental score of Nikon Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.834
Price to Book Ratio (EOD)Between0-10.819
Net Profit Margin (MRQ)Greater than00.077
Operating Margin (MRQ)Greater than00.122
Quick Ratio (MRQ)Greater than11.077
Current Ratio (MRQ)Greater than12.001
Debt to Asset Ratio (MRQ)Less than10.405
Debt to Equity Ratio (MRQ)Less than10.681
Return on Equity (MRQ)Greater than0.150.023
Return on Assets (MRQ)Greater than0.050.014
Total8/10 (80.0%)

3.3. Technical Score

Let's check the technical score of Nikon Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.701
Ma 20Greater thanMa 5010.407
Ma 50Greater thanMa 10010.162
Ma 100Greater thanMa 2009.894
OpenGreater thanClose10.350
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Minority Interest  1,5115,5517,062-4,8582,204-1,333871-950-79



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in JPY. All numbers in thousands.

Summary
Total Assets1,100,133,000
Total Liabilities445,285,000
Total Stockholder Equity653,678,000
 As reported
Total Liabilities 445,285,000
Total Stockholder Equity+ 653,678,000
Total Assets = 1,100,133,000

Assets

Total Assets1,100,133,000
Total Current Assets634,558,000
Long-term Assets465,575,000
Total Current Assets
Cash And Cash Equivalents 183,344,000
Short-term Investments 14,496,000
Net Receivables 129,268,000
Inventory 288,573,000
Other Current Assets 18,877,000
Total Current Assets  (as reported)634,558,000
Total Current Assets  (calculated)634,558,000
+/-0
Long-term Assets
Property Plant Equipment 148,345,000
Long-term Assets Other 24,331,000
Long-term Assets  (as reported)465,575,000
Long-term Assets  (calculated)172,676,000
+/- 292,899,000

Liabilities & Shareholders' Equity

Total Current Liabilities317,092,000
Long-term Liabilities128,193,000
Total Stockholder Equity653,678,000
Total Current Liabilities
Short-term Debt 57,640,000
Short Long Term Debt 57,640,000
Accounts payable 85,825,000
Other Current Liabilities 36,777,000
Total Current Liabilities  (as reported)317,092,000
Total Current Liabilities  (calculated)237,882,000
+/- 79,210,000
Long-term Liabilities
Long term Debt 78,397,000
Long-term Liabilities Other 3,256,000
Long-term Liabilities  (as reported)128,193,000
Long-term Liabilities  (calculated)81,653,000
+/- 46,540,000
Total Stockholder Equity
Common Stock65,476,000
Retained Earnings 536,606,000
Accumulated Other Comprehensive Income 58,060,000
Other Stockholders Equity -6,464,000
Total Stockholder Equity (as reported)653,678,000
Total Stockholder Equity (calculated)653,678,000
+/-0
Other
Capital Stock65,476,000
Cash and Short Term Investments 197,840,000
Common Stock Shares Outstanding 348,273
Current Deferred Revenue136,850,000
Liabilities and Stockholders Equity 1,100,133,000
Net Debt -47,307,000
Net Invested Capital 789,715,000
Net Working Capital 317,466,000
Property Plant and Equipment Gross 148,345,000
Short Long Term Debt Total 136,037,000



Balance Sheet

Currency in JPY. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-30
> Total Assets 
0
0
0
749,805,000
775,996,000
772,234,000
783,738,000
740,632,000
759,496,000
812,775,000
816,223,000
829,909,000
845,638,000
865,958,000
823,212,000
860,230,000
842,028,000
872,006,000
878,824,000
865,017,000
893,419,000
906,171,000
959,518,000
949,513,000
910,390,000
948,461,000
998,073,000
972,944,000
1,004,093,000
984,285,000
1,031,798,000
945,826,000
911,414,000
958,044,000
1,040,127,000
1,018,351,000
1,013,859,000
1,061,924,000
1,132,033,000
1,098,343,000
1,130,415,000
1,157,099,000
1,146,822,000
1,134,985,000
1,108,578,000
1,107,487,000
1,099,186,000
1,005,881,000
996,993,000
994,435,000
1,021,029,000
989,737,000
991,984,000
1,000,292,000
1,021,349,000
1,039,566,000
1,075,401,000
1,094,451,000
1,058,720,000
1,050,267,000
1,101,717,000
1,098,886,000
1,100,133,000
1,100,133,0001,098,886,0001,101,717,0001,050,267,0001,058,720,0001,094,451,0001,075,401,0001,039,566,0001,021,349,0001,000,292,000991,984,000989,737,0001,021,029,000994,435,000996,993,0001,005,881,0001,099,186,0001,107,487,0001,108,578,0001,134,985,0001,146,822,0001,157,099,0001,130,415,0001,098,343,0001,132,033,0001,061,924,0001,013,859,0001,018,351,0001,040,127,000958,044,000911,414,000945,826,0001,031,798,000984,285,0001,004,093,000972,944,000998,073,000948,461,000910,390,000949,513,000959,518,000906,171,000893,419,000865,017,000878,824,000872,006,000842,028,000860,230,000823,212,000865,958,000845,638,000829,909,000816,223,000812,775,000759,496,000740,632,000783,738,000772,234,000775,996,000749,805,000000
   > Total Current Assets 
0
0
0
518,935,000
537,381,000
515,857,000
533,598,000
484,624,000
515,387,000
570,349,000
573,452,000
590,954,000
609,316,000
623,475,000
583,854,000
609,474,000
588,471,000
613,078,000
605,863,000
575,647,000
598,038,000
607,331,000
647,084,000
648,822,000
622,709,000
654,464,000
699,322,000
685,516,000
678,089,000
667,879,000
712,097,000
661,646,000
643,528,000
686,179,000
736,564,000
659,013,000
652,071,000
695,562,000
771,836,000
754,182,000
782,746,000
800,804,000
804,882,000
798,689,000
758,270,000
754,984,000
744,157,000
677,203,000
667,041,000
659,226,000
682,642,000
675,853,000
667,294,000
671,804,000
692,545,000
714,214,000
740,123,000
739,066,000
711,434,000
617,880,000
646,149,000
646,151,000
634,558,000
634,558,000646,151,000646,149,000617,880,000711,434,000739,066,000740,123,000714,214,000692,545,000671,804,000667,294,000675,853,000682,642,000659,226,000667,041,000677,203,000744,157,000754,984,000758,270,000798,689,000804,882,000800,804,000782,746,000754,182,000771,836,000695,562,000652,071,000659,013,000736,564,000686,179,000643,528,000661,646,000712,097,000667,879,000678,089,000685,516,000699,322,000654,464,000622,709,000648,822,000647,084,000607,331,000598,038,000575,647,000605,863,000613,078,000588,471,000609,474,000583,854,000623,475,000609,316,000590,954,000573,452,000570,349,000515,387,000484,624,000533,598,000515,857,000537,381,000518,935,000000
       Cash And Cash Equivalents 
0
0
0
80,350,000
93,573,000
87,907,000
102,603,000
107,680,000
123,677,000
162,583,000
147,278,000
181,077,000
176,167,000
175,716,000
150,033,000
132,404,000
120,264,000
119,061,000
84,752,000
110,281,000
120,716,000
148,913,000
140,224,000
225,519,000
187,266,000
217,361,000
235,347,000
262,501,000
238,421,000
229,605,000
251,580,000
256,595,000
224,227,000
275,614,000
325,263,000
319,046,000
309,181,000
327,653,000
386,655,000
388,438,000
407,576,000
415,170,000
415,622,000
411,055,000
380,144,000
379,241,000
356,860,000
324,034,000
301,378,000
303,802,000
342,385,000
351,798,000
347,349,000
369,165,000
367,364,000
370,277,000
367,440,000
345,433,000
313,522,000
211,337,000
209,959,000
176,390,000
183,344,000
183,344,000176,390,000209,959,000211,337,000313,522,000345,433,000367,440,000370,277,000367,364,000369,165,000347,349,000351,798,000342,385,000303,802,000301,378,000324,034,000356,860,000379,241,000380,144,000411,055,000415,622,000415,170,000407,576,000388,438,000386,655,000327,653,000309,181,000319,046,000325,263,000275,614,000224,227,000256,595,000251,580,000229,605,000238,421,000262,501,000235,347,000217,361,000187,266,000225,519,000140,224,000148,913,000120,716,000110,281,00084,752,000119,061,000120,264,000132,404,000150,033,000175,716,000176,167,000181,077,000147,278,000162,583,000123,677,000107,680,000102,603,00087,907,00093,573,00080,350,000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-9,658,000
0
0
0
-1,699,000
0
0
0
9,163,000
8,414,000
8,416,000
11,003,000
10,958,000
10,094,000
8,639,000
4,632,000
3,145,000
3,463,000
3,446,000
2,858,000
2,901,000
2,485,000
684,000
869,000
1,179,000
956,000
909,000
920,000
948,000
1,017,000
1,035,000
1,751,000
1,242,000
1,435,000
15,538,000
14,496,000
14,496,00015,538,0001,435,0001,242,0001,751,0001,035,0001,017,000948,000920,000909,000956,0001,179,000869,000684,0002,485,0002,901,0002,858,0003,446,0003,463,0003,145,0004,632,0008,639,00010,094,00010,958,00011,003,0008,416,0008,414,0009,163,000000-1,699,000000-9,658,000000000000000000000000000000
       Net Receivables 
0
0
0
154,453,000
125,762,000
132,816,000
150,011,000
161,561,000
115,245,000
107,354,000
139,044,000
165,717,000
126,977,000
116,723,000
118,927,000
184,643,000
132,020,000
124,102,000
158,044,000
178,184,000
133,326,000
113,295,000
154,624,000
166,816,000
118,252,000
111,268,000
139,499,000
169,416,000
110,897,000
109,510,000
127,060,000
136,440,000
81,417,000
81,387,000
107,352,000
96,221,000
93,038,000
97,048,000
108,464,000
106,803,000
100,608,000
96,835,000
103,890,000
115,847,000
92,856,000
85,766,000
98,395,000
87,779,000
73,488,000
77,832,000
78,727,000
72,900,000
73,528,000
70,558,000
80,498,000
90,571,000
94,874,000
94,004,000
100,365,000
114,239,000
123,040,000
134,731,000
129,268,000
129,268,000134,731,000123,040,000114,239,000100,365,00094,004,00094,874,00090,571,00080,498,00070,558,00073,528,00072,900,00078,727,00077,832,00073,488,00087,779,00098,395,00085,766,00092,856,000115,847,000103,890,00096,835,000100,608,000106,803,000108,464,00097,048,00093,038,00096,221,000107,352,00081,387,00081,417,000136,440,000127,060,000109,510,000110,897,000169,416,000139,499,000111,268,000118,252,000166,816,000154,624,000113,295,000133,326,000178,184,000158,044,000124,102,000132,020,000184,643,000118,927,000116,723,000126,977,000165,717,000139,044,000107,354,000115,245,000161,561,000150,011,000132,816,000125,762,000154,453,000000
       Other Current Assets 
0
0
0
18,919,000
54,157,000
54,764,000
54,419,000
8,389,000
62,660,000
64,107,000
61,585,000
7,755,000
57,561,000
65,846,000
58,645,000
29,394,000
61,686,000
64,874,000
65,416,000
17,771,000
68,265,000
63,832,000
65,728,000
11,546,000
57,245,000
54,640,000
52,422,000
13,618,000
64,604,000
62,940,000
64,138,000
21,165,000
67,358,000
59,284,000
63,331,000
14,183,000
15,331,000
15,523,000
16,572,000
12,430,000
15,699,000
17,840,000
16,471,000
15,306,000
17,826,000
15,879,000
19,539,000
15,959,000
18,547,000
14,367,000
15,470,000
14,216,000
12,674,000
8,525,000
11,458,000
13,468,000
15,406,000
18,607,000
15,730,000
13,781,000
18,709,000
18,436,000
18,877,000
18,877,00018,436,00018,709,00013,781,00015,730,00018,607,00015,406,00013,468,00011,458,0008,525,00012,674,00014,216,00015,470,00014,367,00018,547,00015,959,00019,539,00015,879,00017,826,00015,306,00016,471,00017,840,00015,699,00012,430,00016,572,00015,523,00015,331,00014,183,00063,331,00059,284,00067,358,00021,165,00064,138,00062,940,00064,604,00013,618,00052,422,00054,640,00057,245,00011,546,00065,728,00063,832,00068,265,00017,771,00065,416,00064,874,00061,686,00029,394,00058,645,00065,846,00057,561,0007,755,00061,585,00064,107,00062,660,0008,389,00054,419,00054,764,00054,157,00018,919,000000
   > Long-term Assets 
0
0
0
230,870,000
238,615,000
256,377,000
250,140,000
256,008,000
244,109,000
242,426,000
242,771,000
238,955,000
236,322,000
242,483,000
239,358,000
250,756,000
253,557,000
258,928,000
272,960,000
289,371,000
295,382,000
298,840,000
312,434,000
300,690,000
287,683,000
293,999,000
298,752,000
287,426,000
326,003,000
316,406,000
319,702,000
284,178,000
267,886,000
271,863,000
303,563,000
359,339,000
361,788,000
366,362,000
360,196,000
344,161,000
347,668,000
356,295,000
341,940,000
336,294,000
350,306,000
352,502,000
355,030,000
328,677,000
329,953,000
335,208,000
338,386,000
313,883,000
324,690,000
328,487,000
328,806,000
325,353,000
335,279,000
355,386,000
347,285,000
432,388,000
455,570,000
452,735,000
465,575,000
465,575,000452,735,000455,570,000432,388,000347,285,000355,386,000335,279,000325,353,000328,806,000328,487,000324,690,000313,883,000338,386,000335,208,000329,953,000328,677,000355,030,000352,502,000350,306,000336,294,000341,940,000356,295,000347,668,000344,161,000360,196,000366,362,000361,788,000359,339,000303,563,000271,863,000267,886,000284,178,000319,702,000316,406,000326,003,000287,426,000298,752,000293,999,000287,683,000300,690,000312,434,000298,840,000295,382,000289,371,000272,960,000258,928,000253,557,000250,756,000239,358,000242,483,000236,322,000238,955,000242,771,000242,426,000244,109,000256,008,000250,140,000256,377,000238,615,000230,870,000000
       Property Plant Equipment 
0
0
0
126,071,000
127,597,000
125,375,000
123,441,000
125,044,000
121,764,000
119,520,000
119,272,000
119,016,000
118,342,000
119,976,000
118,006,000
130,942,000
141,168,000
145,563,000
155,032,000
161,605,000
166,196,000
164,780,000
167,727,000
159,278,000
156,390,000
157,655,000
159,888,000
148,085,000
145,531,000
139,092,000
135,964,000
127,659,000
121,942,000
119,483,000
124,987,000
121,827,000
121,835,000
125,076,000
123,057,000
118,761,000
118,201,000
118,626,000
116,723,000
116,119,000
131,405,000
129,754,000
129,157,000
121,634,000
122,213,000
101,175,000
102,522,000
98,443,000
98,666,000
107,924,000
109,455,000
111,266,000
113,173,000
118,807,000
119,351,000
124,748,000
133,186,000
136,019,000
148,345,000
148,345,000136,019,000133,186,000124,748,000119,351,000118,807,000113,173,000111,266,000109,455,000107,924,00098,666,00098,443,000102,522,000101,175,000122,213,000121,634,000129,157,000129,754,000131,405,000116,119,000116,723,000118,626,000118,201,000118,761,000123,057,000125,076,000121,835,000121,827,000124,987,000119,483,000121,942,000127,659,000135,964,000139,092,000145,531,000148,085,000159,888,000157,655,000156,390,000159,278,000167,727,000164,780,000166,196,000161,605,000155,032,000145,563,000141,168,000130,942,000118,006,000119,976,000118,342,000119,016,000119,272,000119,520,000121,764,000125,044,000123,441,000125,375,000127,597,000126,071,000000
       Goodwill 
0
0
0
156,000
0
12,710,000
13,070,000
14,853,000
14,451,000
14,026,000
13,629,000
13,235,000
12,838,000
12,441,000
12,047,000
5,157,000
4,978,000
4,799,000
4,622,000
4,443,000
4,272,000
4,101,000
3,930,000
3,759,000
3,588,000
3,417,000
3,246,000
3,076,000
38,656,000
23,762,000
23,318,000
20,766,000
18,544,000
17,639,000
20,334,000
23,683,000
0
0
0
214,033
0
0
0
0
0
0
-16,906,000
-15,265,000
-15,834,000
-13,538,000
0
0
0
0
0
24,285,000
0
0
0
73,828,000
0
0
0
00073,828,00000024,285,00000000-13,538,000-15,834,000-15,265,000-16,906,000000000214,03300023,683,00020,334,00017,639,00018,544,00020,766,00023,318,00023,762,00038,656,0003,076,0003,246,0003,417,0003,588,0003,759,0003,930,0004,101,0004,272,0004,443,0004,622,0004,799,0004,978,0005,157,00012,047,00012,441,00012,838,00013,235,00013,629,00014,026,00014,451,00014,853,00013,070,00012,710,0000156,000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
117,947,000
106,877,000
978,217
982,619
1,021,801
1,048,775
1,027,404
1,069,914
967,949
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000967,9491,069,9141,027,4041,048,7751,021,801982,619978,217106,877,000117,947,0000000000000000000000000000000000000
       Intangible Assets 
0
0
0
25,222,000
0
31,119,000
27,313,000
27,950,000
26,919,000
26,870,000
26,543,000
26,237,000
26,087,000
26,640,000
26,982,000
27,927,000
27,690,000
27,442,000
27,583,000
27,827,000
28,544,000
29,301,000
29,677,000
29,247,000
28,261,000
28,562,000
28,051,000
25,294,000
29,146,000
47,143,000
46,704,000
43,135,000
40,022,000
38,918,000
40,295,000
67,752,000
67,289,000
66,975,000
65,793,000
60,985,000
61,047,000
61,866,000
59,880,000
59,176,000
56,970,000
56,183,000
73,128,000
62,160,000
61,873,000
58,795,000
0
0
0
46,263,000
46,855,000
25,094,000
53,577,000
56,847,000
53,271,000
65,648,000
149,911,000
0
0
00149,911,00065,648,00053,271,00056,847,00053,577,00025,094,00046,855,00046,263,00000058,795,00061,873,00062,160,00073,128,00056,183,00056,970,00059,176,00059,880,00061,866,00061,047,00060,985,00065,793,00066,975,00067,289,00067,752,00040,295,00038,918,00040,022,00043,135,00046,704,00047,143,00029,146,00025,294,00028,051,00028,562,00028,261,00029,247,00029,677,00029,301,00028,544,00027,827,00027,583,00027,442,00027,690,00027,927,00026,982,00026,640,00026,087,00026,237,00026,543,00026,870,00026,919,00027,950,00027,313,00031,119,000025,222,000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,000
-1,000
-1,000
2,000
2,000
1,000
-2,000
-2,000
-1,000
2,000
1,000
2,000
-1,000
2,000
0
2,000
2,000
-1,000
558,213
563,171
1,000
503,848
1,000
473,232
540,945
2,000
2,000
1,000
-1,000
1,000
-1,000
1,000
1,000
1,000
59,065,000
1,000
-2,000
-1,000
-1,000
-1,000
1,000
-1,000
-2,000
0
0
00-2,000-1,0001,000-1,000-1,000-1,000-2,0001,00059,065,0001,0001,0001,000-1,0001,000-1,0001,0002,0002,000540,945473,2321,000503,8481,000563,171558,213-1,0002,0002,00002,000-1,0002,0001,0002,000-1,000-2,000-2,0001,0002,0002,000-1,000-1,0001,000000000000000000000
> Total Liabilities 
0
0
0
370,719,000
394,581,000
407,800,000
420,415,000
368,563,000
388,712,000
439,449,000
436,640,000
440,689,000
432,639,000
445,049,000
413,435,000
426,614,000
411,415,000
426,562,000
419,425,000
373,695,000
393,210,000
393,730,000
411,614,000
402,702,000
378,833,000
395,653,000
423,448,000
400,745,000
429,347,000
423,463,000
460,786,000
404,820,000
404,389,000
444,869,000
510,580,000
480,201,000
464,151,000
498,941,000
557,029,000
524,802,000
548,832,000
559,238,000
560,044,000
518,259,000
511,878,000
504,976,000
506,775,000
464,121,000
466,058,000
465,146,000
476,499,000
451,011,000
432,719,000
423,833,000
435,199,000
439,600,000
455,823,000
468,325,000
448,330,000
431,917,000
458,100,000
447,076,000
445,285,000
445,285,000447,076,000458,100,000431,917,000448,330,000468,325,000455,823,000439,600,000435,199,000423,833,000432,719,000451,011,000476,499,000465,146,000466,058,000464,121,000506,775,000504,976,000511,878,000518,259,000560,044,000559,238,000548,832,000524,802,000557,029,000498,941,000464,151,000480,201,000510,580,000444,869,000404,389,000404,820,000460,786,000423,463,000429,347,000400,745,000423,448,000395,653,000378,833,000402,702,000411,614,000393,730,000393,210,000373,695,000419,425,000426,562,000411,415,000426,614,000413,435,000445,049,000432,639,000440,689,000436,640,000439,449,000388,712,000368,563,000420,415,000407,800,000394,581,000370,719,000000
   > Total Current Liabilities 
0
0
0
289,335,000
293,012,000
298,116,000
326,260,000
299,827,000
318,551,000
369,503,000
367,464,000
342,295,000
332,544,000
355,260,000
324,080,000
342,009,000
327,515,000
342,631,000
335,501,000
299,186,000
328,638,000
329,432,000
335,905,000
280,176,000
257,791,000
273,294,000
298,752,000
287,265,000
326,517,000
317,090,000
353,191,000
294,424,000
295,899,000
299,694,000
350,621,000
341,918,000
326,479,000
360,998,000
418,981,000
389,756,000
412,459,000
421,888,000
424,503,000
383,564,000
367,783,000
361,828,000
364,848,000
330,154,000
331,854,000
332,396,000
325,934,000
318,305,000
300,626,000
284,406,000
297,478,000
313,921,000
326,568,000
324,913,000
309,380,000
277,303,000
298,665,000
316,999,000
317,092,000
317,092,000316,999,000298,665,000277,303,000309,380,000324,913,000326,568,000313,921,000297,478,000284,406,000300,626,000318,305,000325,934,000332,396,000331,854,000330,154,000364,848,000361,828,000367,783,000383,564,000424,503,000421,888,000412,459,000389,756,000418,981,000360,998,000326,479,000341,918,000350,621,000299,694,000295,899,000294,424,000353,191,000317,090,000326,517,000287,265,000298,752,000273,294,000257,791,000280,176,000335,905,000329,432,000328,638,000299,186,000335,501,000342,631,000327,515,000342,009,000324,080,000355,260,000332,544,000342,295,000367,464,000369,503,000318,551,000299,827,000326,260,000298,116,000293,012,000289,335,000000
       Short-term Debt 
0
0
0
49,376,000
44,211,000
29,570,000
40,187,000
61,280,000
59,320,000
59,810,000
48,745,000
19,154,000
13,650,000
13,650,000
13,850,000
20,513,000
18,449,000
18,546,000
18,552,000
20,442,000
29,026,000
29,619,000
29,478,000
25,812,000
14,662,000
14,628,000
13,600,000
29,611,000
41,500,000
41,500,000
41,500,000
27,271,000
13,600,000
13,600,000
13,607,000
23,601,000
23,601,000
22,198,000
22,194,000
12,200,000
12,200,000
12,250,000
12,400,000
14,400,000
12,150,000
12,150,000
11,950,000
20,950,000
20,947,000
20,947,000
20,947,000
29,943,000
34,307,000
34,003,000
33,453,000
37,347,000
37,391,000
27,852,000
28,171,000
26,395,000
26,498,000
59,191,000
57,640,000
57,640,00059,191,00026,498,00026,395,00028,171,00027,852,00037,391,00037,347,00033,453,00034,003,00034,307,00029,943,00020,947,00020,947,00020,947,00020,950,00011,950,00012,150,00012,150,00014,400,00012,400,00012,250,00012,200,00012,200,00022,194,00022,198,00023,601,00023,601,00013,607,00013,600,00013,600,00027,271,00041,500,00041,500,00041,500,00029,611,00013,600,00014,628,00014,662,00025,812,00029,478,00029,619,00029,026,00020,442,00018,552,00018,546,00018,449,00020,513,00013,850,00013,650,00013,650,00019,154,00048,745,00059,810,00059,320,00061,280,00040,187,00029,570,00044,211,00049,376,000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
139,286,000
141,494,000
1,228,421
1,213,329
1,214,318
1,211,700
0
0
0
14,400,000
12,150,000
12,150,000
11,950,000
20,950,000
20,947,000
20,947,000
20,947,000
29,943,000
34,307,000
34,003,000
33,453,000
37,347,000
37,391,000
27,852,000
28,171,000
26,395,000
26,498,000
59,191,000
57,640,000
57,640,00059,191,00026,498,00026,395,00028,171,00027,852,00037,391,00037,347,00033,453,00034,003,00034,307,00029,943,00020,947,00020,947,00020,947,00020,950,00011,950,00012,150,00012,150,00014,400,0000001,211,7001,214,3181,213,3291,228,421141,494,000139,286,0000000000000000000000000000000000000
       Accounts payable 
0
0
0
119,469,000
116,413,000
143,125,000
146,334,000
125,687,000
137,524,000
157,514,000
170,479,000
171,735,000
174,023,000
180,751,000
162,308,000
155,338,000
176,338,000
174,738,000
158,286,000
124,676,000
144,363,000
146,279,000
151,967,000
118,841,000
115,694,000
124,542,000
133,947,000
113,724,000
119,607,000
118,169,000
124,840,000
117,399,000
108,896,000
107,527,000
120,047,000
112,870,000
110,282,000
118,294,000
120,669,000
118,701,000
119,026,000
117,428,000
117,150,000
96,493,000
83,220,000
79,360,000
74,043,000
68,856,000
62,174,000
55,468,000
58,609,000
60,615,000
55,436,000
52,713,000
59,999,000
65,161,000
69,928,000
69,534,000
68,189,000
68,026,000
80,197,000
75,118,000
85,825,000
85,825,00075,118,00080,197,00068,026,00068,189,00069,534,00069,928,00065,161,00059,999,00052,713,00055,436,00060,615,00058,609,00055,468,00062,174,00068,856,00074,043,00079,360,00083,220,00096,493,000117,150,000117,428,000119,026,000118,701,000120,669,000118,294,000110,282,000112,870,000120,047,000107,527,000108,896,000117,399,000124,840,000118,169,000119,607,000113,724,000133,947,000124,542,000115,694,000118,841,000151,967,000146,279,000144,363,000124,676,000158,286,000174,738,000176,338,000155,338,000162,308,000180,751,000174,023,000171,735,000170,479,000157,514,000137,524,000125,687,000146,334,000143,125,000116,413,000119,469,000000
       Other Current Liabilities 
0
0
0
27,001,000
123,471,000
114,871,000
129,137,000
24,321,000
112,328,000
141,513,000
137,975,000
23,419,000
128,221,000
139,810,000
131,762,000
34,523,000
121,949,000
132,313,000
147,232,000
39,273,000
145,197,000
140,453,000
139,661,000
22,503,000
118,508,000
124,018,000
140,893,000
24,784,000
152,246,000
143,705,000
171,418,000
17,103,000
63,146,000
65,045,000
81,166,000
52,346,000
33,141,000
35,662,000
35,540,000
34,958,000
42,251,000
36,818,000
38,633,000
38,962,000
34,182,000
31,947,000
31,981,000
30,238,000
26,728,000
28,022,000
29,597,000
32,176,000
30,034,000
197,690,000
204,026,000
34,516,000
33,474,000
35,927,000
35,257,000
38,962,000
36,530,000
37,207,000
36,777,000
36,777,00037,207,00036,530,00038,962,00035,257,00035,927,00033,474,00034,516,000204,026,000197,690,00030,034,00032,176,00029,597,00028,022,00026,728,00030,238,00031,981,00031,947,00034,182,00038,962,00038,633,00036,818,00042,251,00034,958,00035,540,00035,662,00033,141,00052,346,00081,166,00065,045,00063,146,00017,103,000171,418,000143,705,000152,246,00024,784,000140,893,000124,018,000118,508,00022,503,000139,661,000140,453,000145,197,00039,273,000147,232,000132,313,000121,949,00034,523,000131,762,000139,810,000128,221,00023,419,000137,975,000141,513,000112,328,00024,321,000129,137,000114,871,000123,471,00027,001,000000
   > Long-term Liabilities 
0
0
0
81,384,000
101,569,000
109,684,000
94,155,000
68,736,000
70,161,000
69,946,000
69,176,000
98,394,000
100,095,000
89,789,000
89,355,000
84,605,000
83,900,000
83,931,000
83,924,000
74,509,000
64,572,000
64,298,000
75,709,000
122,526,000
121,042,000
122,359,000
124,696,000
113,480,000
102,830,000
106,373,000
107,595,000
110,396,000
108,490,000
145,175,000
159,959,000
138,283,000
137,672,000
137,943,000
138,048,000
135,046,000
136,373,000
137,350,000
135,541,000
134,695,000
144,095,000
143,148,000
141,927,000
133,967,000
134,204,000
132,750,000
150,565,000
132,706,000
132,093,000
139,427,000
137,721,000
125,679,000
129,255,000
143,412,000
138,950,000
154,614,000
159,435,000
130,077,000
128,193,000
128,193,000130,077,000159,435,000154,614,000138,950,000143,412,000129,255,000125,679,000137,721,000139,427,000132,093,000132,706,000150,565,000132,750,000134,204,000133,967,000141,927,000143,148,000144,095,000134,695,000135,541,000137,350,000136,373,000135,046,000138,048,000137,943,000137,672,000138,283,000159,959,000145,175,000108,490,000110,396,000107,595,000106,373,000102,830,000113,480,000124,696,000122,359,000121,042,000122,526,00075,709,00064,298,00064,572,00074,509,00083,924,00083,931,00083,900,00084,605,00089,355,00089,789,000100,095,00098,394,00069,176,00069,946,00070,161,00068,736,00094,155,000109,684,000101,569,00081,384,000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
34,280,000
21,254,000
206,647
206,802
208,096
185,741
201,001
198,359
196,569
20,733,000
32,771,000
31,787,000
30,199,000
31,189,000
31,650,000
30,608,000
29,019,000
28,576,000
27,979,000
35,009,000
32,616,000
32,964,000
33,418,000
35,895,000
34,056,000
0
49,314,000
0
0
0049,314,000034,056,00035,895,00033,418,00032,964,00032,616,00035,009,00027,979,00028,576,00029,019,00030,608,00031,650,00031,189,00030,199,00031,787,00032,771,00020,733,000196,569198,359201,001185,741208,096206,802206,64721,254,00034,280,0000000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
379,086,000
381,415,000
364,434,000
363,323,000
372,069,000
370,784,000
373,326,000
379,583,000
389,220,000
412,999,000
420,909,000
409,777,000
433,616,000
430,613,000
445,444,000
459,399,000
491,322,000
500,132,000
512,363,000
547,814,000
546,724,000
531,181,000
552,360,000
574,111,000
571,692,000
574,221,000
560,298,000
570,482,000
540,476,000
506,574,000
512,695,000
528,978,000
537,524,000
549,071,000
562,297,000
574,290,000
572,908,000
580,948,000
597,145,000
586,028,000
615,920,000
595,924,000
601,726,000
591,608,000
540,652,000
529,890,000
528,240,000
543,495,000
537,585,000
556,752,000
573,986,000
583,710,000
597,681,000
617,216,000
624,215,000
608,789,000
614,966,000
640,443,000
650,627,000
653,678,000
653,678,000650,627,000640,443,000614,966,000608,789,000624,215,000617,216,000597,681,000583,710,000573,986,000556,752,000537,585,000543,495,000528,240,000529,890,000540,652,000591,608,000601,726,000595,924,000615,920,000586,028,000597,145,000580,948,000572,908,000574,290,000562,297,000549,071,000537,524,000528,978,000512,695,000506,574,000540,476,000570,482,000560,298,000574,221,000571,692,000574,111,000552,360,000531,181,000546,724,000547,814,000512,363,000500,132,000491,322,000459,399,000445,444,000430,613,000433,616,000409,777,000420,909,000412,999,000389,220,000379,583,000373,326,000370,784,000372,069,000363,323,000364,434,000381,415,000379,086,000000
   Common Stock
0
0
0
65,475,000
65,475,000
65,475,000
65,475,000
65,475,000
65,475,000
65,475,000
65,475,000
65,475,000
65,475,000
65,475,000
65,475,000
65,475,000
65,475,000
65,475,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
65,475,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,000
65,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,476,00065,475,000000000000000000065,475,00065,475,00065,475,00065,475,00065,475,00065,475,00065,475,00065,475,00065,475,00065,475,00065,475,00065,475,00065,475,00065,475,00065,475,000000
   Retained Earnings Total Equity000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
30,027,000
10,483,000
22,998,000
54,387,000
63,454,000
58,060,000
58,060,00063,454,00054,387,00022,998,00010,483,00030,027,000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
48,784,000
57,294,000
53,991,000
54,465,000
58,226,000
50,143,000
50,246,000
48,852,000
51,518,000
49,493,000
37,683,000
36,983,000
48,318,000
38,524,000
37,118,000
123,803,000
145,630,000
153,624,000
156,704,000
172,282,000
161,881,000
162,991,000
178,126,000
197,208,000
193,177,000
201,205,000
179,332,000
182,483,000
151,746,000
123,055,000
122,925,000
162,544,000
42,567,000
48,614,000
56,786,000
65,431,000
49,871,000
50,208,000
59,921,000
42,750,000
48,388,000
32,097,000
29,167,000
25,728,000
-10,772,000
-6,128,000
10,284,000
19,532,000
14,757,000
21,333,000
-557,695,000
-561,794,000
-566,388,000
-570,908,000
16,265,000
7,328,000
-656,000
-586,632,000
-6,527,000
-6,464,000
-6,464,000-6,527,000-586,632,000-656,0007,328,00016,265,000-570,908,000-566,388,000-561,794,000-557,695,00021,333,00014,757,00019,532,00010,284,000-6,128,000-10,772,00025,728,00029,167,00032,097,00048,388,00042,750,00059,921,00050,208,00049,871,00065,431,00056,786,00048,614,00042,567,000162,544,000122,925,000123,055,000151,746,000182,483,000179,332,000201,205,000193,177,000197,208,000178,126,000162,991,000161,881,000172,282,000156,704,000153,624,000145,630,000123,803,00037,118,00038,524,00048,318,00036,983,00037,683,00049,493,00051,518,00048,852,00050,246,00050,143,00058,226,00054,465,00053,991,00057,294,00048,784,000000



Balance Sheet

Currency in JPY. All numbers in thousands.




Cash Flow

Currency in JPY. All numbers in thousands.




Income Statement

Currency in JPY. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue628,105,000
Cost of Revenue-338,931,000
Gross Profit289,174,000289,174,000
 
Operating Income (+$)
Gross Profit289,174,000
Operating Expense-234,266,000
Operating Income54,908,00054,908,000
 
Operating Expense (+$)
Research Development70,090,000
Selling General Administrative231,228,000
Selling And Marketing Expenses18,131,000
Operating Expense234,266,000319,449,000
 
Net Interest Income (+$)
Interest Income5,529,000
Interest Expense-5,921,000
Other Finance Cost-0
Net Interest Income-392,000
 
Pretax Income (+$)
Operating Income54,908,000
Net Interest Income-392,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)57,058,00055,621,000
EBIT - interestExpense = 57,058,000
58,719,000
50,865,000
Interest Expense5,921,000
Earnings Before Interest and Taxes (EBIT)62,979,00062,979,000
Earnings Before Interest and Taxes (EBITDA)92,035,000
 
After tax Income (+$)
Income Before Tax57,058,000
Tax Provision-13,775,000
Net Income From Continuing Ops43,283,00043,283,000
Net Income44,944,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses573,197,000
Total Other Income/Expenses Net-713,000392,000
 

Technical Analysis of Nikon
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Nikon. The general trend of Nikon is NEUTRAL with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Nikon's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (0.0%) Bearish trend (0.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Nikon Corp.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 10.18 < 11.21 < 11.42.

The bearish price targets are: 9.52 > 9.31 > 9.29.

Tweet this
Nikon Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Nikon Corp. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Nikon Corp Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Nikon Corp. The current macd is 0.05459549.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nikon price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Nikon. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Nikon price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Nikon Corp Daily Moving Average Convergence/Divergence (MACD) ChartNikon Corp Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Nikon Corp. The current adx is 12.68.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Nikon shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Nikon Corp Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Nikon Corp. The current sar is 11.15.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Nikon Corp Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Nikon Corp. The current rsi is 46.70. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Nikon Corp Daily Relative Strength Index (RSI) ChartNikon Corp Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Nikon Corp. The current phase is Oversold in neutral market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Nikon price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Nikon Corp Daily Stochastic Oscillator ChartNikon Corp Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Nikon Corp. The current cci is -129.79919679.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Nikon Corp Daily Commodity Channel Index (CCI) ChartNikon Corp Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Nikon Corp. The current cmo is -15.94812678.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Nikon Corp Daily Chande Momentum Oscillator (CMO) ChartNikon Corp Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Nikon Corp. The current willr is -86.7768595.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Nikon Corp Daily Williams %R ChartNikon Corp Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Nikon Corp.

Nikon Corp Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Nikon Corp. The current atr is 0.43376633.

Nikon Corp Daily Average True Range (ATR) ChartNikon Corp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Nikon Corp. The current obv is -39,854.

Nikon Corp Daily On-Balance Volume (OBV) ChartNikon Corp Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Nikon Corp. The current mfi is 44.90.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Nikon Corp Daily Money Flow Index (MFI) ChartNikon Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nikon Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-25CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

Nikon Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Nikon Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.701
Ma 20Greater thanMa 5010.407
Ma 50Greater thanMa 10010.162
Ma 100Greater thanMa 2009.894
OpenGreater thanClose10.350
Total3/5 (60.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Nikon with someone you think should read this too:
  • Are you bullish or bearish on Nikon? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Nikon? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Nikon Corp

I send you an email if I find something interesting about Nikon Corp.


Comments

How you think about this?

Leave a comment

Stay informed about Nikon Corp.

Receive notifications about Nikon Corp in your mailbox!