Nikon Reports Lower Camera Sales, Cuts Full-Year Forecast

Nikon's Q1 FY2027 results show imaging sales down on lower volumes and higher memory prices. Revenue grew overall, but the lift came from non-imaging divisions and a 4.0 billion yen US tariff refund. CIPA's June 2026 shipment data backs the picture — most camera categories are softening, with fixed-lens compacts and smaller-sensor mirrorless the outliers.