Nikon posts Q3 2011 earnings, sees significant losses due to Thailand floods

Nikon has just posted it's Q3 2011 earnings and there isn't much to party about. The camera maker had to stand losing $143.1 million due to the same Thailand flood that affected just about almost every other company.  For the third quarter that ended on December 31, Nikon posted a $48.6 million loss with operating profits falling ¥8.2 billion from ¥18.6 billion in 2010. Additionally, total revenue dropped from ¥253.8 billion in Q3 2010 to ¥215.4 billion, last quarter. Even though all this money has been lost the company stays optimistic and forecasts net gains of ¥55 billion this year and a revenue of ¥925 billion.