IPhone Taking Nikon Share Masked in Bond Offering

Prime Minister Shinzo Abe’s
weakening of the yen is capping Nikon Corp. (7731)’s borrowing costs
even as camera shipments shrink due to competition from devices
such as Apple Inc.’s iPhone.
Nikon raised 20 billion yen ($194 million) in a bond sale
on March 7 that included 10-year notes priced at...
IPhone Taking Nikon Share Masked in Bond Offering