Nikon Expected to Post a Loss for Fiscal Year Ending March 2026

Nikon shares fall 10% as disappointment spreads after the company posts a final deficit for the fiscal year ending March 2014 (Nikkei)

  • Nikon’s stock price plummeted on the Tokyo Stock Exchange on the 6th, briefly hitting 1,737 yen, down 200 yen (10%) from the previous day. The morning closing price was 1,801.50 yen, down 135.50 yen (7%). Disappointed selling is spreading after the company announced the previous day that it expects its consolidated net income to fall into the red for the fiscal year ending March 2026. In addition to the large impairment losses, the company’s profitability in areas such as cameras is declining, leading some in the market to predict a prolonged slump in its stock price.

・Financial results summary and financial results briefing materials (official website)

  • Imaging Business YoY (cumulative Q3): Sales volume increased mainly for the “ZR,” the first digital cinema camera incorporating RED technology, and the volume-selling “Z5II” and “Z50II.” However, sales and profits decreased due to factors such as a decline in average selling prices caused by increased promotional costs due to changes in the product mix and an intensifying competitive environment, as well as the impact of foreign exchange rates and tariffs.

Nikon’s Q3 financial results show a decline in revenue and profits in its imaging business, and the company as a whole is in the red for the fiscal year ending March 2026, showing poor performance. While sales of cameras appear to be strong, a decline in unit prices due to relatively low-priced products becoming the focus of sales appears to be having an impact. While declining profitability in cameras is seen as a problem, there are rumors of a model change for flagship cameras this year, so hopes are high for a comeback.

via Digicameinfo

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Nikon Z9 II video specs hidden in Nikon ZR firmware 1.10?

Rumored Nikon Z9 Mark II Specifications:

  • Extended Recording Times: Support for up to 360 minutes of continuous recording.
  • Advanced Thermal Management: Significantly improved heat dissipation and power handling for long-form video.
  • RED R3D NE 12-bit RAW: Integration of RED’s proprietary RAW codec and color science directly into the hybrid flagship.
  • Professional Monitoring Tools: Addition of waveform monitors, vector scopes, and false color displays.
  • Highlight Clipping Warnings: Real-time safety nets tied to histogram and waveform data while shooting in RAW.
  • Production-Grade Metadata: Adoption of RED-style file naming (reel number, clip number, and date) for easier NLE organization.
  • LTC Time Code: Built-in support for LTC time code sync via the audio jack for multi-camera production.
  • Nikon Imaging Cloud Integration: Direct access to RED-engineered imaging recipes and cinematic color profiles.
  • Advanced Exposure Standards: New log formats and exposure controls designed to align with professional cinema workflows.

Nikon 2026 Predictions Cameras, Lenses, Firmware by Matt Irwin

Matt Irwin expects the following NIkon announcement in 2026:

Camera Bodies

  • Nikon Z9II (Flagship): Development announcement expected between March and September 2026. Features likely include “XP8” processing and RED technology integration.
  • Nikon Z500 / Z90: A high-end APS-C flagship with a stacked 26MP sensor aimed at the D500-legacy wildlife/sports market.
  • Nikon ZRC / Z30R: A professional-grade APS-C cinema camera, effectively an APS-C version of the current full-frame Nikon ZR.
  • Advanced Cine Body: A dedicated cinema camera positioned between the Red Komodo and the Nikon ZR.

Lenses

  • Z Cinema Lenses: A set of 3 to 6 autofocus-capable cinema lenses. The first 2 or 3 are expected by Q2 2026.
  • 70-200mm f/2.8 S Version 2: A redesigned professional workhorse featuring new AF protocols to unlock “hidden” focusing prowess.
  • 100-300mm (or 120-300mm): A high-end “tentpole” lens for sports and wildlife, potentially featuring a built-in teleconverter or Phase Fresnel (PF) technology.
  • Ultra-Wide Prime: A 14mm or 16mm f/1.8 S-line prime designed for astro, interiors, and gimbal work.
  • Exotic Primes: Possible development of ultra-fast glass, such as a 50mm f/1.0 with autofocus.

Firmware & Updates

  • Nikon ZR Major Updates: Version 1.5 expected mid-year and Version 2.0 by late 2026, likely addressing Log video concerns and adding anamorphic desqueeze.
  • Feature Trickle-down: New UI features (like red histogram lines and timecode improvements) moving across the Expeed 7 camera range.