C O M P A N Y P R O F I L E

2

Determined to change,with unchanging belief in mind.Nikon marked the 100th anniversary of its foundation this year. We express our sincere gratitude to all of our stakeholders who have faithfully supported our development over the past 100 years.

It is my great honor to be in the important position of president during this milestone year. At the same time, I am fully aware that I bear very heavy responsibility to keep our company on the right track in order to continue effectively meeting the needs of society.

What we have always cherished is Trustworthiness and Creativity, our corporate philosophy. This will remain unchanged in the future.

Currently, we are experiencing times of great change. Various systems utilizing artificial intelligence (AI) are about to penetrate every part of our everyday lives, while Industry 4.0 using advanced information technology is transforming the manufacturing sector.

Optical technologies that Nikon has been refining over the previous century form one of the cornerstones, along with AI and sensors, for the betterment of the world by serving as the “eyes” of the smart society that is now being built.

To capitalize on this exciting opportunity, we have adopted our new vision that provides our guidelines for the future and are pursuing aggressive restructuring in order to progress on our path steadily over the next 100 years.

We ask for your continued support and guidance as we move into our next century.

Kazuo Ushida PresidentRepresentative Director

3

Determined to change,with unchanging belief in mind.

2 Message from the President

4 Our Corporate Philosophy, Vision and Qualities of Mind

6 Restructuring

8 Businesses

10 Imaging Products Business

12 Precision Equipment Business

14 Healthcare Business

16 Industrial Metrology and Others

20 Products/Business Lineup

22 Global Network

24 Open Innovation

25 Marketing

26 Research and Development

28 Manufacturing

30 Environmental Activities

31 Community Contribution

32 Cultural Activities

34 Corporate History

CONTENTS

MESSAGE FROM THE PRESIDENT

COMPANY PROFILE

Company Name NIKON CORPORATION

Head Office Shinagawa Intercity Tower C, 2-15-3, Konan, Minato-ku, Tokyo 108-6290, JapanTel: +81-3-6433-3600

President Representative Director

Kazuo Ushida

Established July 25, 1917

Outline of Business

Manufacture and sales of optical instruments

Capital ¥65,476 million (as of March, 2017)

Revenue (consolidated)

¥749,273 million [for the year ended March 31, 2017, International Financial Reporting Standards (IFRS)]

Number of Employees (consolidated)

25,031 (as of March 31, 2017)

Plants (Nikon Corp.)

Oi, Yokohama, Sagamihara, Kumagaya, Mito and Yokosuka

A new Nikon is moving toward its next 100 years.

Ever since its establishment in 1917, Nikon has been focusing

on light and expanding the possibilities of light as a pioneer

of optical technologies to the world. To express our gratitude

to all of our stakeholders who have faithfully supported our

development in the past 100 years and help achieve a future

full of hope, we will continue to strive to gain even deeper

trustworthiness from our customers in the industrial, medical and

scientific fields while delivering exhilarating experiences to our

customers in the imaging field.

Nikon will create new values by applying our accumulated

technologies to diverse fields. As society becomes smarter with

the help of AI, advanced optical systems made possible only by

Nikon will become indispensable as its eyes in a broad range of

sectors, including transportation, industry and agriculture.

To provide guidelines for our move toward the future, we

formulated a new vision this year and set forth to our staff

members the mindsets we need in our bid to create new

business fields.

“Unlock the future with the power of light.”

Nikon is taking important steps toward its next 100 years.

4

OUR CORPORATE PHILOSOPHY, VISION AND QUALITIES OF MIND

5

OUR CORPORATE PHILOSOPHY

Trustworthiness and CreativityOur corporate philosophy is “Trustworthiness and Creativity.”

These are simple words, but they are not easily put into practice.

These important words represent unchanging principles

to which we will always be dedicated.

OUR VISION

Unlock the future with the power of lightUnleashing the limitless possibilities of light.

Striving to brighten the human experience.

Focused, with purpose, on a better future for all.

THIS IS THE ESSENCE OF NIKON.

OUR QUALITIES OF MIND

Curiosity We show our passion for progress through a wide range of

interests to cultivate fresh ideas.

Acceptance We warmly embrace diverse ideas

and delight in differences among people and cultures.

Inspirational Power We share our ideas with infectious enthusiasm

to effect positive change in the world.

2

To continue forward,firmly, powerfully,and sustainably.

6

Nikon has been conducting restructuring in order to enhance our ability

to generate profits and create value. We are placing a company-wide

focus on high value-added businesses to improve profitability, while

optimizing our R&D, manufacturing, and sales as a global initiative.

Also, our headquarters’ functions have been streamlined to match the

scale of our restructured businesses.

Simultaneously, we are shifting to portfolio-based management,

implementing targets linked to shareholder value, and enhancing our

governance structure to improve transparency and discipline.

By applying these initiatives, Nikon will further increase value creation.

3

Focus on profitability in the Semiconductor Lithography Business

l Completion of headcount optimization including re-assignment towards change in business structure

l Advancing R&D expense reduction and profit-focused production/sales structure

l Executed rationalization of inventory

1

Enhancing profitability in the Imaging Products Business

l Completion of domestic headcount rationalization including re-assignment

l Target a profit structure able to sustain profit in a declining market by initiating a fundamental review of costs

2

Review of organizational structure by redefining headquarters’ functions

l Near completion of headcount optimization including re-assignment

l Continued consideration of organizational streamlining 4

Strengthening technology and increasing the efficiency of manufacturing optical components, as well as development and design technologies

l Consolidation of optical components manufacturing to Tochigi Nikon: Progress on integration of organization/business to enhance functions

l Established Optical Engineering Division and consolidated optical product development and design functions

3

7

Increasing value creation by rewiring management DNA

l Launch ROE/ROIC based new business performance management process

l Step-up consideration of governance system improvement

5

R E S T R U C T U R I N G

Supporting the evolution of a smarter soc iety, and providing imaging possibilities. Unraveling life mechanisms, advancing medical research, and delivering precision

manufacturing. Nikon supports society in a wide range of fields — now and into the future.

8

At Nikon, we use opto-electronics and precision technologies cultivated

during our 100-year history to provide a wide range of products and

services globally. Our activities extend from exploring the possibilities

of imaging, to advancing bioscience and smart devices, refining our

PRECISION EQUIPMENT BUSI NESS

• FPD lithogr aphy systems

• Semico nductor lithograph y systems

IMAGING PRODUCTS BUSINESS

• Digital cameras• Film cameras

• Interchangeable lenses • Speedlights

• Photographic accessories• Software

• Sport optics

We provide products and solutions that are beneficial for society, based on opto-electronics and

precision technologies.

Opto- electronics

Technologies

Precision Technologies

Supporting the evolution of a smarter soc iety, and providing imaging possibilities. Unraveling life mechanisms, advancing medical research, and delivering precision

manufacturing. Nikon supports society in a wide range of fields — now and into the future.

9

B U S I N E S S E S

high-level manufacturing processes, and capturing views of stars

that are billions of light years away. Nikon will continue to enrich lives,

support cutting-edge industries that are shaping the future,

and confront challenges around the world.

INDUSTRIAL METROLOGY AND OTHERS

Industrial Metrology Business

Customized Products Business

Glass Business

Encoders Business

Ophthalmic Lenses Business

HEALTHCARE BUSINESS

• Biological microscopes

• Super-resolution microscopes

• Cell culture observation systems

• Ultra-wide field retinal imaging devices

PRECISION EQUIPMENT BUSI NESS

• FPD lithogr aphy systems

• Semico nductor lithograph y systems

10

Offering rich and va ried image creation.

IMAGING PRODUCTS BUSINESS

Nikon brings expanded imaging

enjoyment to people around the

world. Our digital cameras capture

crucial moments in high-quality

images that can be shared easily

using our exclusive application

and online services.

Nikon cameras enable versatile image creation

that meets users’ intentions.

We provide a wide variety of models,

including a full lineup of digital SLR cameras,

ranging from those for family use to advanced

professional equipment, and the KeyMission

action camera series.

Image sharing and storage service NIKON

IMAGE SPACE and the SnapBridge app,

which seamlessly connects a Nikon camera

and smart devices, expand pleasures that

are unique to digital imaging. Meanwhile,

Nikon Group Company, Mark Roberts Motion

11

Offering rich and va ried image creation.

Your images. The world. Connected. SnapBridge.

Establishes a constant connection

between your Nikon camera and

compatible smart device using

Bluetooth® low energy (BLE) technology. Taken

images are reduced in size to approximately

2 megapixels for automatic transfer to smart devices

for easy uploading to social media platforms. With

SnapBridge, you can share your passion with the

world anytime, and anywhere.

* The Bluetooth® word mark and logos are registered trademarks owned by Bluetooth SIG, Inc. and any use of such marks by Nikon Corporation is under license.

Control Limited (MRMC) in the U.K., provides

automated camera solutions to propose new

imaging possibilities for the broadcasting and

movie industries.

We also offer various binoculars including

super-wide-field-of-view WX binoculars that

make the most of Nikon’s accumulated optical

technologies, as well as Fieldscopes,

Loupes and Laser Rangefinders.

12

Improved computer data processing, big

data analytics and the evolution of AI have

led to the birth of various new services that

integrate objects and information.

IC chips and flat panel displays are two crucial

components for such IoT development.

At Nikon, we create and market these

essential systems

through an integrated

business structure,

covering everything

from development and

design to manufacturing,

PRECISION EQUIPMENT BUSINESS

IC chips and high-resolution flat

panel displays hold the key to

further improvements in IoT,

AI and smart devices. Through

the development and production

of these manufacturing systems,

Nikon is supporting the creation

of a super smart society.

Building a super smart society.

13

Contributing to the evolution

of electronic devices.

sales and after-sales services. From supplying

innovative semiconductor lithography systems

that satisfy the ever-changing demand

for smaller and more intricate IC chips, to

producing FPD lithography systems for large

panels, as well as the high-definition small

and medium-sized panels found in smart

devices, Nikon is working to create a super

smart society

that benefits the

whole world.

Building a super smart society.

14

For a better q uality of life.

Nikon is playing a vital part in creating an

ideal society where everyone can live well, by

offering microscopes and other instruments

necessary for research such as medical fields

where iPS cells are expected to enter practical

use for regenerative medicine in the near

future. Following a strategic collaboration

agreement with Lonza (Switzerland), Nikon

has started a regenerative medicine contract

manufacturing business via a

new, wholly owned

subsidiary, Nikon

CeLL innovation Co.,

Ltd. We will continue

HEALTHCARE BUSINESS

Nikon provides quality evaluation

and contract manufacturing of

cells for regenerative medicine,

and machine learning-enabled

inspection/diagnostic solutions in

the field of retinal imaging

that help improve the quality of life

for people all over the world.

Optos ultra-wide field retinal imaging device

Nikon group’s Optos ultra-wide field retinal imaging

device is inspection equipment that captures a digital

image covering approx. 80% of the retinal area (with

its wide field of view of 200˚) within 0.4 second, and

supports identification of many medical conditions.

Non-mydriatic diagnosis greatly reduces the burden

on patients. As well as detecting eye problems such

as a retinal detachment, it is also used for diagnosis of

diabetic retinopathy in diabetic patients, so is effective

for use at ophthalmology medical facilities.

15

For a better q uality of life.

to work toward achieving the clinical

application of regenerative medicine in Japan.

In May 2015, we acquired Optos Plc, a leading

company in the retinal diagnostic imaging

equipment market, as a wholly owned

subsidiary. In December 2016, Nikon and

Verily Life Sciences LLC (U.S.A.) established

a strategic alliance to develop machine

learning-enabled solutions for diabetes-

related eye disease.

We are contributing to

improving the quality

of life for people all

over the world.

Angle of conventional fundus camera

Angle of Optos ultra-wide field retinal imaging device

16

INDUSTRIAL METROLOGY BUSINESS

Highly precise “eyes” support uncompromising manufacturing.

With a wide and varied lineup including industrial

microscopes, measuring equipment and non-

destructive/non-contact diagnostic systems, Nikon

provides the rigorous quality-control solutions

required for high-level manufacturing of products

such as electronic components, automobiles and

airplanes. Nikon-Trimble Co., Ltd. [a joint venture

with Trimble Navigation Ltd. (U.S.A.) (now Trimble

Inc.)] delivers improved productivity and supplies

high-accuracy surveying instruments for the fields

of construction and surveying.

Thus, we meet various surveying needs with the

utmost precision.

INDUSTRIAL METROLOGY AND OTHERS

Nikon produces measuring technologies that are indispensable for industry development and develops cutting-edge technologies for space exploration, as well as making more familiar products, such as ophthalmic lenses.Through our varied business products and technologies, we are contributing to the evolution of science technology, industry and society.

For the evoluti on of industry, society and scie nce technology.

X-ray/CT Inspection System XT H 450 (Industrial Metrology Business)

This system utilizes X-ray transmission to display the

inner structure of electronic components, injection

moldings and castings for nondestructive inspection.

The XT H 450 employs a high-power X-ray to allow

inspection of large castings and high-density metal

products/objects, such as turbine blades. It has a

powerful 450kV X-ray, and delivers the highest-

resolution images in

the world, meeting

the increasing

demand for more

accurate industrial

inspections.

17

CUSTOMIZED PRODUCTS BUSINESS

State-of-the-art technologies for space.

Nikon’s Customized Products Business capitalizes

on the company’s state-of-the-art technologies

to meet unique, advanced needs. Nikon reliably

handles everything from design to manufacture,

providing optical parts and products which require

ultra-high precision such as those for the Venus

Climate Orbiter Akatsuki and the observation

systems for the Subaru large-scale infrared

telescope.

We utilize our core technologies to the utmost to

turn customers’ demands into reality.

Image of AkatsukiCopyright: Japan Aerospace Exploration Agency (JAXA)

For the evoluti on of industry, society and scie nce technology.

X-ray inspection of turbine blades

18

GLASS BUSINESS

Optics based on a legacy of technological expertise.

Nikon started research into glass manufacturing

in 1918, the year after the company was founded.

Today, we continue to produce high-quality optical

components and photomask substrates for FPD, in an

integrated production process covering everything from

dissolving optical materials to applying final processing.

We also provide analyzing and measuring services for

optical materials and components, supporting quality

control in various sectors.

ENCODERS BUSINESS

Contributing to advances in robotic technology.

Nikon’s encoders are used as sensors in the joints of

industrial robots and machine tools to measure the

quantum or rotation angle. We support increased

sophistication, automation and energy efficiency in

a variety of industry fields, by harnessing all kinds of

innovations — from our unique optical and ultra-high-

precision technologies, to electronics, high-density

packaging and accurate pattern-forming technologies —

thus contributing greatly to the future development of

industry.

INDUSTRIAL METROLOGY AND OTHERS

4D free-form silica glass realized a “manufacturing revolution.” (Glass Business)

Created by liquefying glass materials at room

temperature and forming lamination layers, 4D free-

form silica glass has optical characteristics equivalent

to silica glass, but can be produced at a tenth of

the cost and formed freely in a single operation

without grinding. It offers superior laser transmission,

making it suitable when both transparency and

heat-resistance are

required.

19

OPHTHALMIC LENSES BUSINESS

Optical technology for comfortable vision.

Nikon has been researching optics and ophthalmic

lenses for more than half a century, and developed

innovative products by utilizing cutting-edge

technologies. Our 3D custom-made single-vision lens

SEEMAX offers optimally designed lenses according to

the selected frame for each individual customer.

Nikon-Essilor Co., Ltd. (a joint venture with Essilor

International) is in charge of our ophthalmic lenses

business.

Digital SLR Camera

D5

Expands the shooting range of professional photographers — Nikon’s flagship model.

Advanced Camera with Interchangeable Lenses

Nikon 1 J5

Enables 4K UHD movie recording while attaining fast continuous shooting with

AF and short shooting time lag.

Interchangeable Lenses for SLR Cameras

NIKKOR

Offers a diverse and extensive lineup of lenses that beautifully capture subjects

with stunning depiction.

Action Camera

KeyMission 360

Provides 360° video recording with superb image quality of 4K UHD in diverse

shooting situations.

Compact Digital Camera

COOLPIX A900

Offers a high-performance 35x optical zoom in a small, lightweight body.

Binoculars

WX 7×50 IF

Features a super-wide field of view, gathering Nikon’s leading-edge optical technologies realized by our passion for

craftsmanship.

Fieldscope

EDG 85-A VR

Incorporates Nikon’s lens-shift type VR (Vibration Reduction) system

for comfortable, stress-free viewing.

Laser Rangefinder for use in golf

COOLSHOT 80i VR

Employs a VR (Vibration Reduction) system, facilitating measurement to

small subjects like a flagstick.

IMAGING PRODUCTS BUSINESS

HEALTHCARE BUSINESS

20Nikon technologies contribute to people’s live s, society, industries, science, and the future.

Super-Resolution Microscope

N-SIM

Delivers a resolution of approx. 100 nm — about double that of conventional optical microscopes.

Super-Resolution Microscope

N-STORM

Realizes resolution more than 10 times that of conventional optical microscopes.

Inverted Microscope

ECLIPSE Ti2

Greatly contributes to the most advanced biological science research.

Cell Culture Observation System

BioStation CT

Enables tracking observation of cells without subjecting them to stress.

Ultra-Wide Field Retinal Imaging Device

California/Daytona

Captures an image covering approx. 80% of the retinal area within 0.4 second in non-mydriatic,

non-contact photography.

21Nikon technologies contribute to people’s live s, society, industries, science, and the future.

FPD Scanner

FX-68S

Supports the production of leading-edge, high-resolution, small- and

medium-sized panels from Gen 6 plates.

FPD Scanner

FX-101S

Facilitates mass production of Gen 10 large glass plates.

ArF Immersion Scanner

NSR-S631E

Delivers high accuracy and high throughput, for stable volume

manufacturing at cutting-edge production lines.

ArF Scanner

NSR-S322F

Employs the proven Streamlign Platform, while overlay accuracy and high

throughput are greatly improved.

PRECISION EQUIPMENT BUSINESS

INDUSTRIAL METROLOGY AND OTHERS

CNC Video Measuring System

NEXIV VMZ-R4540

Automatically measures dimensions/shapes of diverse objects including precision parts

and electronic components.

Non-Contact Multi-Sensor 3D Metrology System

HN-C3030

Offers high-precision measuring and quickly acquires various data of the target

such as surface form/undulation.

X-ray/CT Inspection System

XT H 450

Enables inspection of large castings and high-density metal objects,

such as turbine blades.

Total Station

Nivo Series

Surveying instruments used to measure distances and angles.

Optical systems for Akatsuki

Nikon designed the optical system for the IR1 infrared camera, ultraviolet imager (UVI) and lightning and airglow camera (LAC),

and designed and manufactured a lens for the IR2 infrared camera.

Optics

Nikon’s optical materials feature high homogeneity and have excellent optical characteristics. Our advanced processing

technologies enable us to create the highest performance optics.

Multi-Turn Absolute Encoder MAR-M50A

Achieves a height of only 12.74 mm. It is ideal for use in small AC servomotors for

industrial robots and service robots.

SEEMAX series

A series of lenses utilizing shape and fitting parameter optimization to deliver

maximum performance.

INDUSTRIAL METROLOGY BUSINESS

CUSTOMIZED PRODUCTS BUSINESS GLASS BUSINESS ENCODERS BUSINESS OPHTHALMIC LENSES BUSINESS

FPD LITHOGRAPHY BUSINESS SEMICONDUCTOR LITHOGRAPHY BUSINESS

Our technologies, products and services contribute

in diverse ways to many different fields worldwide.

We have developed our production, sales and

service locations around the world based on careful

analysis of industrial and market conditions, as well

as the cultures and lifestyles of each country and

region. All of this is designed to provide our values

precisely where they are needed; from people’s

everyday lives to the exploration of outer space.

By combining the comprehensive power of our

groups and proposing effective business solutions,

Nikon delivers our values to the whole world.

Taking full advantage of its global network, Nikon expands its comprehensive power.

G L O B A L N E T W O R K

Mark Roberts Motion Control Limited (U.K.)Mark Roberts Motion Control Limited (MRMC) (U.K.), which

joined the Nikon Group in October 2016, designs, develops

and manufactures robotic solutions which enable remote

and automatic capture for an extensive range of clients, from

broadcast and film production through to product photography.

With its award-winning technology, MRMC has established a

strong reputation for engineering excellence within the motion

control industry.

Ratio of Revenue by Region

[for the year ended March 31, 2017, International Financial Reporting Standards (IFRS)]

Ratio of Revenue by Segment

[for the year ended March 31, 2017, International Financial Reporting Standards (IFRS)]

* This chart defines industry segments as of March, 2017. In June 2017, industry segments were reorganized.

JAPAN

16.9%

UNITED STATES

24.3%

¥749,273 million

EUROPE

16.6%

CHINA

19.9%

OTHER AREAS

22.3%PRECISION EQUIPMENT

33.1%

IMAGING PRODUCTS

51.1%

9.8%

INSTRUMENTS

MEDICAL 2.7%

OTHERS 3.3%

22

Japan

l Sendai Nikon Corporation

l Nikon Imaging Japan Inc.

l Nikon Vision Co., Ltd.

l Miyagi Nikon Precision Co., Ltd.

l Tochigi Nikon Precision Co., Ltd.

l Nikon Tec Corporation

l Nikon CeLL innovation Co., Ltd.

l Nikon Instech Co., Ltd.

l Nikon-Trimble Co., Ltd.

l Nikon Engineering Co., Ltd.

l Hikari Glass Co., Ltd.

l Nikon-SBI Innovation Fund

l Nikon-Essilor Co., Ltd.

l Nikon Lenswear Experience Center Co., Ltd.

l Nikon Business Service Co., Ltd.

l Nikon Staff Service Corporation

l Nikon Tsubasa Inc.

l Nikon Systems Inc.

l Tochigi Nikon Corporation

l TNI Industry Corporation

The Americas

l Nikon Americas Inc.

l Nikon Inc.

l Nikon Canada Inc.

l Nikon Mexico, S.A. de C.V.

l Nikon Latin America, S.A.

l Nikon do Brasil Ltda.

l Nikon Precision Inc.

l Nikon Instruments Inc.

l Nikon Metrology, Inc.

l Nikon Research Corporation of America

Europe

l Nikon Holdings Europe B.V.

l Nikon Europe B.V.

l Nikon GmbH

l Nikon U.K. Ltd.

l Nikon France S.A.S.

l Nikon CEE GmbH

l Nikon (Russia) LLC.

l Mark Roberts Motion Control Limited

l Nikon Precision Europe GmbH

l Nikon Instruments Europe B.V.

l Optos Plc

l Nikon Instruments S.p.A.

l Nikon Metrology NV

l Nikon Metrology GmbH

l Nikon Metrology UK Ltd.

l Nikon Metrology SARL

Asia, Oceania, the Middle East

l Nikon Holdings Hong Kong Limited

l Nikon Asia Pacific Pte. Ltd.

l Nikon Hong Kong Ltd.

l Nikon Singapore Pte. Ltd.

l Nikon (Malaysia) Sdn. Bhd.

l Nikon Australia Pty Ltd

l Nikon India Private Limited

l Nikon Sales (Thailand) Co., Ltd.

l Nikon Middle East FZE

l Nikon Imaging (China) Sales Co., Ltd.

l Nikon Imaging Korea Co., Ltd.

l Nikon (Thailand) Co., Ltd.

l Nikon Imaging (China) Co., Ltd.

l Nikon Lao Co., Ltd.

l Nikon International Trading (Shenzhen) Co., Ltd.

l Nikon Precision Korea Ltd.

l Nikon Precision Taiwan Ltd.

l Nikon Precision Shanghai Co., Ltd.

l Nikon Instruments (Shanghai) Co., Ltd.

l Nanjing Nikon Jiangnan Optical Instrument Co., Ltd.

l Nikon Instruments Korea Co., Ltd.

l PT Nikon Indonesia

l Guang Dong Nikon Camera Co., Ltd.

l Hang Zhou Nikon Camera Co., Ltd.

G L O B A L N E T W O R K

23

EUROPE

THE AMERICASASIA, OCEANIA,THE MIDDLE EAST JAPAN

* Major Nikon Group companies are listed above. Nikon Group consists of Nikon Corporation, its 90 subsidiaries and 20 associated companies. (as of March 31, 2017)

Nurturing new businesses in many different ways.

24

Expansion of business scale through alliances

Establishment and management of a private fund

Cooperation with venture capital business

Collaboration with universities, companies, and external organizations

Launch of the Accelerator Program

Nikon initiates open innovation in both the

creation of new businesses and the expansion

of current ones. Nikon and SBI Investment Co.,

Ltd. jointly established the new private “Nikon-

SBI Innovation Fund” that invests in Nikon’s

current business areas, as well as in the latest

technologies and new service areas (e.g., IT, AI and

robots). The Fund will invest in startups looking to

future business expansion. Furthermore, Nikon is

proceeding with the Accelerator Program through

which Nikon nurtures innovators (entrepreneurs)

willing to take up the challenge of innovating

with us for the future. Nikon has also promoted

collaboration with multiple venture capital

firms in Japan, the U.S.A., and Europe, as well as

cooperation with universities, external councils

and organizations.

OPEN INNOVATION

Developing global marketing activities through communication with customers.

Nikon’s product manufacturing process begins

with us listening to customers all over the world,

so we can understand precisely what they want

from us. For example, in the BtoB field, the

Industrial Metrology Business Unit created the

LC15Dx laser scanner for 3D metrology with

technologies developed in multiple countries.

It enables non-contact measurement of 3D

shapes and is highly rated by customers. From

Europe, the U.S.A. and Asia, Nikon extends this

“borderless” approach to a diverse range of

industries. We advance our development projects

utilizing the expertise of various regions with

different manufacturing and industrial structures,

and provide optimum solutions.

25

LC15Dx laser scanner for 3D metrology jointly developed by Japan and Europe

MARKETING

Substantial after-service customer support Most semiconductor and flat panel display production lines

operate around the clock. A structure has been established in

which Field Service Engineers (FSE) of Nikon Tech Corporation,

which is in charge of the maintenance of Nikon’s lithography

systems, provide prompt servicing to support performance.

Feedback from these engineers then helps improve the reliability

of our products.

To strengthen our existing businesses and create

new businesses, it is vital to continue basic R&D

activities based on a long-term perspective. With

our opto-electronics and precision technologies

as a foundation, Nikon is conducting R&D in

a wide range of technologies, such as optics,

precision measurement and manufacturing, image

processing, materials, and software and systems.

One of these technologies is a bioscience solution

through AI technology development.

Combining Nikon’s latest bio-imaging technologies

for microscope images and AI technologies inspired

by data mining and machine learning analysis,

we have been advancing R&D on a biomolecular

network analysis system.

Realizing a bright future with Nikon’s D.N.A.

26

RESEARCH AND DEVELOPMENT

We will provide new solutions to various challenges

in the biosciences, which have shown remarkable

innovations in recent years.

Bio-imaging technology

AI technology sparse modeling

27

Meeting held with R&D headquarters staff

RESEARCH AND DEVELOPMENT

Optical Engineering Division is established to aggregate optical designsNikon established the Optical Engineering Division to aggregate

all the optical engineering functions distributed among multiple

divisions, such as lens design, mechanical design, and system

design related to optical devices and optical solutions. The

Optical Engineering Division combines high-level technologies

and knowledge of optical design to generate synergistic effects.

This helps Nikon improve and diversify, utilizing its strengths

to create new value in the development of highly competitive

optical products.

Flexible Electronics TechnologyAt Nikon, we conduct R&D on flexible electronics technology

to create electronic circuits or elements on thin, flexible plastic

substrates. For example, the nanoparticle mist deposition

method allows easy formation of oxide semiconductor films

at low temperatures and atmospheric pressures, for use in

transparent conductive films and electronic circuits on a plastic

substrate. With applications in flexible displays and flexible

sensors, this technology has the potential to revolutionize

electronics manufacturing, in both materials and devices.

Precision Technologies

Opto-electronics Technologies

Software and Systems

Image Processing

Optics

Precision Measurement and Manufacturing

Materials

Basic Technologies that Support Nikon

Giving form to our pride as a manufacturing company.

The continuous pursuit of exacting precision is

the thread that connects all Nikon products. In

order to offer high-quality products that meet the

needs of the times, we constantly work to reduce

manufacturing lead times and costs on a global

scale by utilizing the latest manufacturing facilities

and technologies. Nikon (Thailand) Co., Ltd.,

Nikon’s largest overseas production plant,

manufactures digital SLR cameras and NIKKOR

lenses. Tochigi Nikon Corporation designs and

produces a diverse range of optical lenses in

Japan, and manufactures the projection lenses

for semiconductor lithography systems and FPD

lithography systems. Both companies are aggressively

advancing efforts to improve each manufacturing

process in order to realize further enhanced

product quality, optimized work efficiency and

shortened work hours.

28

MANUFACTURING

High-function Cell Production Using Work StationsSendai Nikon Corporation, which manufactures Nikon D5 digital

SLR cameras and other products, installed a high-functioning

cell production system in which a single worker handles several

processes to improve production efficiency. The work station

was developed and installed to support workers by automatically

supplying parts in

order of assembly

as well as adjusting

driver torque.

29

Precise manufacturing dedicated to refinement

MANUFACTURING

Advanced Processing by Nikon Master CraftspersonsWe recognize certain employees as Nikon Master Craftspersons:

exceptionally skilled people who take charge of manufacturing

the parts of products that require extremely high precision

and quality. These photos show Nikon Master Craftspersons

processing metals and

assembling optics.

Production of FPD Lithography SystemsThe advent of 4K displays, which have more than 8 million

pixels, and subsequently 8K displays, has accelerated the

development of higher-definition and larger flat panel displays.

Nikon assembles, adjusts, and inspects FPD lithography systems

to support the mass production of large panel displays. We

manufacture and ship each unit such as stage, optical systems,

and illumination systems to our customers, then assemble and

adjust the components at the customer’s facilities.

30

ENVIRONMENTAL ACTIVITIES COMMUNITY CONTRIBUTION

Creating new value through manufacturing.

The Nikon Group aims to enhance the efficiency

of its development and production processes, as

well as product quality, by continuously pursuing

the improvement and advancement of the core

technologies that support manufacturing. One

example is the development of production

technology in glass manufacturing by Hikari Glass

Co., Ltd. We optimized the entire manufacturing

process by applying a technological development

method known as quality engineering and

established a method to create high-quality

products right from the start of mass production.

We also improved the weight management

accuracy of raw materials and the dimensional

precision of molds. Adopting these measures, we

have successfully shortened development periods,

minimized material loss, decreased electricity

consumption in production, and thus reduced the

resultant CO2 emissions.

Optical glass melting experiment

n Energy consumption related to experiments

n Amount of waste reduced by minimizing defective products

n Amount of waste reduced by process optimization

Reduced by approx. CO2/year103 t

Reduced by approx. CO2/year36.8 t

Reduced by approx. CO2/year35 t

31

COMMUNITY CONTRIBUTION

Promoting community contribution activities firmly rooted in a country or region.

Nikon engages in community contribution

activities in all countries and regions where we

operate. We focus on the following five areas:

environment, education, social welfare, culture

and arts, as well as assistance for reconstruction.

In Laos, employees working for Nikon Lao Co., Ltd

have been engaged in exchange activities with

local people on a daily basis. The synergetic effects

from Nikon’s community activities that contribute

to the development of human resources who can

support the future of Laos, through providing

scholarships and school supplies, have helped

establish us as trusted members of the local

community. Nikon will continue to support the

regional economy as well as children’s education

in Laos through its business activities.

Nikon Scholarship Program in Laos

Developing support for photographic cultural activities globally.

Nikon engages in activities with the aim of realizing

a prosperous society through culture and the arts. As

one of these activities, Nikon holds one of the largest

international photo contests in the world, the Nikon

Photo Contest, which started in 1969. Providing an

opportunity for photographers around the world

to communicate and to enrich the image-making

culture for professionals and amateurs alike, Nikon

contributes to photo culture development. In the 2016-

2017 contest, we established the “Next Generation”

category to discover new talent among those under

the age of 30, in addition to the “Nikon 100th

Anniversary” category.

A total of 76,356 works

from 170 countries and

regions were submitted.32

CULTURAL ACTIVITIES

Holding the TopEye Photography Summit for High-School StudentsNikon Imaging Japan Inc. distributes the free magazine “TopEye”

to approx. 7,000 junior and high-school photography clubs,

encouraging student photographers. Since 2013, the TopEye

Photography Summit for High-School Students has been held

every year, inviting photography club students and teachers

from the top 15 contest-winning schools. 2017 marked the fifth

year of the contest, with a total of 60 participants as part of the

Photo Yokohama 2017 exhibition. The event includes a photo

contest and lectures.

Nikon Photo Contest 2016-2017 final judging

Contributing to a variety of activities aimed at supporting photographic and imaging culture.Nikon has worked in the fields of culture and the

arts for many years with a focus on photography

and imaging culture, and we are expanding

these efforts to every region of the world. In

October 2015, the Nikon Museum was opened to

commemorate the 100th anniversary of Nikon’s

foundation. An exhibition of generations of

Nikon cameras (approx. 450 models) conveys the

company’s evolution and the passion that has

ignited us since our foundation. Also on display

are the histories, products, and technologies of our

various businesses, such as industrial equipment

including semiconductor lithography systems and

FPD lithography, bioscience and medical equipment

including microscopes, and eyeglasses.

33

CULTURAL ACTIVITIES

THE GALLERY is open.In summer 2017, the Nikon

Salons in Shinjuku and Osaka

were renewed under the names

“Nikon Plaza Shinjuku THE

GALLERY 1”, “Nikon Plaza

Shinjuku THE GALLERY 2”

and “Nikon Plaza Osaka THE

GALLERY”. In addition, the

“Be a Photographer” program

was established to support

photographers under 35 years

of age.

Nikon Museum

1917n Two of Japan’s leading optical manufacturers – the Optical

Instruments Department of Tokyo Keiki Seisakusho and Reflecting Mirror Department of Iwaki Glass Manufacturing – merged with capital investment from Koyata Iwasaki, the President of Mitsubishi, to form a comprehensive, fully integrated optical company known as Nippon Kogaku K.K. (Merged with Fujii Lens Manufacturing immediately after establishment).

1918n Oi Dai-ichi Plant (now Oi Plant) is completedn Research on manufacture of optical glass is initiated

1921n Inviting German engineers and developing the Anytar Lens

1927n Established the mass production of optical glass

1932n NIKKOR is adopted as the brand name for camera lenses

1946n Pointal ophthalmic lens is marketedn Nikon brand name is adopted for small-sized cameras

1950n The New York Times introduces the superior features of Nikon cameras and

NIKKOR lenses to the world

1952n Nikkor Club is established to promote

photography culture

1958n Nikon SP, together with the NIKKOR lens and optical glass, won the grand prix

at the 1958 World Expo held in Brussels

1968n Rotary encoder RIE digital measuring instrument is marketed

1969n Call for entry for the 1st Nikon Photo Contest International

(now Nikon Photo Contest)

1971n Nikon Photomic FTN is mounted on Apollo 15n Ruling Engine No. 2 is completedn Development of Extra-low Dispersion (ED) Glass

1917 1980

1925JOICO Microscope

Domestic Production of Optical Instruments and Original Manufacturing of Optical Glass 1946

Becoming the Comprehensive Optical Instrument Manufacturer of the World

Nikon’s history began in 1917. Since then, we have held two constants: our awareness of customers’ demands, and the uncompromising quality of our manufacturing to satisfy them. This spirit has uninterruptedly been handed down in Nikon.

Nikon technology: developed through our 100-year history, sustainable into the future.

19318-inch astronomical telescope

Cooperation: The National Museum of Nature and Science

1980NSR-1010G Step-and-Repeat System (stepper) for manufacturing VLSIs

1986NSR-L7501G large substrate exposure system

1982OPTISTATION IC wafer inspection system

1948Model I profile projector

1954Model SM stereoscopic microscope

1955Phase contrast microscope

1976Biophot and Metaphot microscopes

1983Alphaphot YS biological microscope

1921MIKRON 4×15 and 6×15 ultra-small-prism binoculars

1982Nikon Fieldscope ED

1959Binoculars Type A (7×35A/8×30A/9×35A)

19786×20/8×20DCF compact roof (Dach) prism binoculars

1950Special astronomical telescope 10cm coronagraph

1933Aero-NIKKOR lens for aerial photography

1962Ultra Micro-NIKKOR high-resolution optical lenses

1984NT-1000 35mm film direct telephoto transmitter

1948Nikon Model I small-sized camera

1957Nikon SP rangefinder camera

1980Nikon F3 SLR camera

1959Nikon F SLR camera

1963NIKONOS all-weather camera

1971Nikon F2

1977n Development of the Nikon F2 Titanium Uemura Special

1981n NASA-specification Nikon F3 is equipped on the Space Shuttle Columbia

1988n Corporate name is changed to Nikon Corporation

2000n Optical-infrared Subaru Telescope employs Nikon’s High Dispersion Spectrograph

(HDS) and Faint Object Camera And Spectrograph (FOCAS)

HDS is permanently installed on the Subaru Telescope.

FOCAS is installed on the Subaru Telescope.

2003n New Brand Symbol for Nikon Group is introduced

2009n Metris NV becomes Nikon Metrology NV, a wholly

owned subsidiary of Nikon Corporation in Belgium

2010n D3S and D3X digital SLR cameras, and NIKKOR lenses are used in the International

Space Station (ISS)

2013n SPRINT-A HISAKI – the Spectroscopic Planet Observatory for Recognition of Inter-

action of Atmosphere is equipped with a primary mirror developed by Nikon

2015n U.K.’s Optos Plc becomes a wholly owned subsidiary of Nikon Corporationn The Nikon Museum is opened

2016n Achieved a total production of 100 million NIKKOR lenses for interchangeable lens

cameras

1999

2016FX-68S FPD scanner

Expansion of Business Domains, the Challenge of Digital Technologies

Realizing the Possibilities of Light, Becoming a Truly Global Company

© National Astronomical Observatory of Japan

© National Astronomical Observatory of Japan

35

2006NSR-S609B ArF immersion scanner

2009FX-101S FPD scanner

2009NSR-S620 ArF immersion scanner

1995NSR-S201A lens-scanning KrF excimer stepper

2000FX-21S FPD scanner

2016NSR-S631E ArF immersion scanner

2001NSR-S306C lens-scanning ArF excimer stepper

2010HN-6060 non-contact multi-sensor 3D metrology system

1986TRISTATION 600 and 600M three-dimensional coordinate measuring machines

1995NEXIV VM-500N CNC video measuring system

1996ECLIPSE E800 biological microscope for research

2007BioStation CT cell culture observation system

2010N-SIM and N-STORM super resolution microscopes

2015California Ultra-Wide Field Retinal Imaging Device

1996Nikon Fieldmicroscope

2016MONARCH HG 8×42/10×42 binoculars

199010×70IF SP WP waterproof binoculars

198810×25CF WP compact waterproof binoculars

19858-16×40CF zoom binoculars

2017WX 7×50 IF/WX 10×50 IF binoculars

2016MONARCH Fieldscope 82ED-S/60ED-S/ 82ED-A/60ED-A

2011EDG Fieldscope 85 VR/ 85-A VR

1984NT-1000 35mm film direct telephoto transmitter

1988LS-3500 35mm film scanner

1995E2 and E2s SLR-type digital cameras

1999D1 digital SLR camera

2012D4 digital SLR camera

2015COOLPIX P900 compact digital camera

2007D3 digital SLR camera

2016KeyMission action camera series

1983Nikon F3AF SLR Camera

1983Nikon L35AF autofocus compact camera

1986Nikon F-501 autofocus SLR camera

1992NIKONOS RS underwater AF SLR camera

1997COOLPIX 100 and 300 digital cameras

2011Nikon 1 J1 and V1 advanced cameras with interchangeable lenses

2013Nikon 1 AW1 advanced camera with interchangeable lenses

2004Nikon F6 SLR camera

2016D5 digital SLR camera

This eco-friendly booklet was produced using FSC®-certified paper; non-VOC (volatile organiccompound), vegetable-oil ink; and waterless printing technology.Shinagawa Intercity Tower C, 2-15-3, Konan, Minato-ku, Tokyo 108-6290, Japan

2017.11