SAN JOSE, Calif. -- Nikon Corp.'s fab tool business saw its net sales drop by 31.7 percent from the previous fiscal year to 150.1 billion yen ($1.6 billion).
The unit also incurred an operating loss of 58.6 billion yen ($632.2 million) for the year, compared with operating income of 8 billion yen ($86 million) in the previous fiscal year.
Sales volume declined by 40 percent for IC steppers and 30 percent for LCD steppers compared to the previous year due to market stagnation.
Japan's Nikon plans to sell 48 IC scanners in the fiscal year ended March 2011, up from 36 from the previous year, according to Reuters. It also plans to sell 58 LCD steppers for the fiscal year, up from 45 last year, according to reports.