Nikon Imaging Software collaborates with Nik Software : Michio Kariya, President of Nikon Corporation, is pleased to announce collaboration in the field of imaging software for digital cameras with American software developer, Nik Software, Inc., formerly nik multimedia, Inc. with Headquarters in San Diego, California. With this collaboration, the technologies of both companies will be merged to develop and market innovative software products based on new concepts. This new relationship will enable a stronger presence and guarantee a leading role in the imaging software market. To further the success of this collaboration, Nikon has also made equity investment in Nik Software, Inc.
Nikon discontinues most film cameras : Following the success of our digital line-up over the last seven years, which has resulted in more than 95% of Nikon’s UK business being within the digital area, Nikon has made the decision to focus management resources on digital cameras in place of film cameras. This decision will allow Nikon to continue to develop products that match the demands of an increasingly competitive market place. Despite this growing competition Nikon has continued to outperform the market, and has recently reported positive financial results which saw group net profit climb by 20% in the fiscal first half which ended in September. Group sales also increased by 9.8% to 342.85 billion yen in the same period.
