Nikon Cuts Executive Pay as Camera Giant Looks to Turn Around Declining Revenue

Nikon reduces compensation for directors and officers and proposes revisions to its stock compensation system

Nikon announced a reduction of compensation for directors and officers by up to 10%, depending on their positions, in order to “further advance the Company’s initiatives toward a recovery in business performance”: “Nikon Corporation announces that, in light of its consolidated financial forecast and dividend forecast for the fiscal year ending March 31, 2027, it has decided to reduce the compensation of the Company’s directors and officers as se…

Nikon cuts executive pay as camera giant looks to turn around declining revenue

Nikon will cut the pay for directors and officers by as much as 10% this year amid a decline in revenue