Payment of a fine in proceedings under Austrian competition law

October 30, 2015

The Vienna Branch of Nikon GmbH (Düsseldorf, Germany), a subsidiary company of Nikon Corporation (Tokyo, Japan), agreed to the payment of a fine of EUR 170,000 (approximately 23 million yen) in proceedings under Austrian competition law.

The Vienna Branch of Nikon GmbH has closely cooperated with the Austrian Federal Competition Authority (FCA) in its investigation on alleged resale pricing arrangements for some cameras with retailers in the past. As a consequence, the Vienna Branch of Nikon GmbH concluded the proceedings by way of settlement with the FCA to pay the above fine, which was later affirmed by the decision of the Austrian court. The court's decision has become final as of October 13, 2015.

For us, the Nikon Group, compliance with applicable laws forms part of our most important company principles, and is the basis of the trust of our shareholders, customers and other stakeholders. We have therefore already taken all steps necessary in order to ensure that all employees Nikon Group are fully aware of and comply with the provisions of competition law, and intend to increase our efforts in this respect.

The information is current as of the date of publication. It is subject to change without notice.