March 20, 2023

Notice Regarding the Status and Conclusion of Repurchase of Shares of Common Stock,and Cancellation of Treasury Stock(Repurchase of Shares Pursuant to the Provision of Articles of Incorporation under Article 165,
Paragraph 2 of the Companies Act, and the Cancellation of Treasury Stock Pursuant to the Article
178 of the Companies Act)NIKON CORPORATION (hereinafter “the Company”) has repurchased its own shares as follow, pursuant toArticle 156 of the Companies Act of Japan as applicable through Article 165, Paragraph 3 of the Act. The
repurchase of the Company’s own shares, which was approved at the meeting of its Board of Directors held onApril 7, 2022, has been concluded with this notice.
For the cancellation of treasury stock, which was also approved at the aforementioned meeting of the Company’s
Board of Directors, the total number of shares to be cancelled has been decided as follow, pursuant to Article 178of the Companies Act of Japan.

1.

Result of the Repurchase of Shares(1) Type of stock repurchased:(2) Total number of shares repurchased:(3) Total amount of shares repurchased:(4) Period of repurchase:(5) Method of repurchase:

2. Details of the Cancellation of Treasury Stock(1) Type of stock to be cancelled:(2) Total number of shares to be cancelled:(3) Scheduled date of cancellation:

Common Stock
1,523,100 shares
2,046,982,200 yen
March 1, 2023 to March 17, 2023
Open market purchase through the Tokyo Stock Exchange
based on a discretionary trading contract

Common Stock
26,451,400 shares(Equivalent to 7.6% of outstanding shares before thecancellation, excluding treasury stock)
March 31, 2023

(Reference)
1. Details of the resolution approved at the meeting of the Company’s Board of Directors held on April 7, 2022
(1) Type of stock to be repurchased:
Common Stock(2) Total number of shares to be repurchased: Up to 36 million shares(Equivalent to 9.8% of outstanding shares, excluding
treasury stock)(3) Total repurchase amount:
Up to 30 billion yen(4) Period of repurchase:
From May 13, 2022 to March 24, 2023
2.

Total number and amount of shares repurchased until March 17, 2023, pursuant to the resolution approvedat the aforementioned meeting of the Company’s Board of Directors(1) Total number of shares repurchased:
21,451,400 shares(2) Total amount of shares repurchased:
29,999,949,600 yen

3. Details of the cancellation of treasury stock approved at the meeting of the Company’s Board of Directors
held on April 7, 2022.
(1) Type of stock to be cancelled:
Common stock(2) Total number of shares to be cancelled:
5 million shares out of 10,485,746 shares of treasury
stock held by the Company as of March 31, 2022 and all
the shares of common stock to be repurchased inaccordance with section 1 above(3) Scheduled date of cancellation:
March 31, 2023
4.

Status of shares after the cancellation(1) Total number of shares outstanding:(2) Total number of treasury stock:351,476,686 shares (Estimated)
5,303,350 shares (Estimated)(The estimated number of shares shown in (1) and (2) above was calculated based on the total number ofshares outstanding and the total number of treasury stock as of March 17, 2023, respectively.)

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