EssilorLuxottica becomes Nikon's largest shareholder with 20% stake

Nikon Corporation announced on October 6, 2025, that EssilorLuxottica is now its major and largest shareholder, having increased its stake up to 20%. This change follows authorization from relevant authorities under Japan's Foreign Exchange and Foreign Trade Act. The two companies have a longstanding 25-year relationship, including a 50/50 joint venture established in 2000, Nikon-Essilor Co., Ltd., which focuses on the eyeglass lens business under the Nikon brand.

The change in ownership was confirmed after a Large Shareholding Report (Amendment) was filed with the Director-General of the Kanto Local Finance Bureau on October 6, 2025. EssilorLuxottica, represented by chairman and chief executive Francesco Milleri, is headquartered in Charenton-Le-Pont, France, and had a capital of €83 million as of June 30, 2025.

EssilorLuxottica's voting rights in Nikon increased from 9.62% to 10.75%. This places EssilorLuxottica as the top shareholder. Nikon states there is no significant reportable information on the future outlook beyond this change in major and largest shareholder.