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Japan-Update

With sharper focus, Nikon looks to beat first-half profit forecast

Digital cameras' comeback and streamlining behind improvement

Nikon's D7500 single-lens reflex digital camera has sold well since its launch in June.

TOKYO -- Nikon's operating profit for the April-September half apparently shrank about 30% on the year, but beat projections of a 37% plunge thanks to improved sales of digital cameras and restructuring.

The Japanese manufacturer probably took in around 19 billion yen ($168 million) in group operating profit. This would come after Nikon upgraded its profit guidance by 6 billion yen to 17 billion yen in August. Sales likely dipped 1% to around 340 billion yen, but that would beat the 331 billion yen outlook.

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