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Notice regarding Transfer of Fixed Asset

March 5, 2010

Nikon Corporation (Michio Kariya, President, Tokyo) hereby announces that its Board of Directors, at a meeting held today, has resolved to transfer its fixed asset as follows:

  1. Reason of transfer

    A part of land at the Yokohama Plant will be transferred to the Ministry of Land, Infrastructure, Transport and Tourism and some buildings there will move responding to the request of expropriation for the construction projects of the new Yokohama 468 road by the Ministry of Land, Infrastructure, Transport and Tourism and the Yokohama-Fujisawa town planning road by Yokohama City.

  2. Detail of asset to be transferred

    Location 531-1 Aza-Hibarikoshita, Nagaodai, Sakae-ku, Yokohama, Kanagawa
    Area 12,452.80 square meters (officially registered)
    Value on the book 30 million yen
    Price of transfer 1,715 million yen
    Compensation for Move 13,241 million yen
    Current use of buildings to move Development & Manufacturing of LCD Equipment Division, processing of high precision parts for Nikon precision equipment, etc.
  3. Transferee

    Kanto Regional Development Bureau,
    Ministry of Land, Infrastructure, Transport and Tourism

  4. Dates until transfer

    Resolution by the Board of Directors March 5, 2010
    Signing the Agreement March 5, 2010
    Transfer End of March 2013 (expected)
  5. Estimated effect to the Profit and Loss

    It is estimated that transfer income after the following costs deduction will be appropriated in the financial results of the financial year ending March 31, 2013 where transfer will take place: booked value of land, cost of building demolition, cost of move and other relevant expenses. This transaction will have no effect on the financial results of the current financial year ending March 31, 2010.


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