Description by Nikon:

The compact 1 NIKKOR zoom lenses
The 1 NIKKOR zoom lenses employ a Retractable Lens Mechanism.
Even when the power is turned off, the camera will automatically turn itself on when you manually extend the lens while pressing the zoom ring button so you will never miss another picture perfect moment.

Key Features

• Compact and lightweight with 3x standard zoom lens to cover practical focal length
• Retractable Lens Mechanism increases portability
• Design elements, colors, and materials are carefully chosen for the camera body design
• Vibration Reduction (VR) enables sharper pictures when shooting telephoto subjects, dimly lit scenes and other handheld situations
• Minimum focus distance of 20cm from focal plane at all zoom positions
• Three aspherical lens elements