Fujifilm: Improved profitability

According to Fujifilm, the improvement is mainly based on a favorable development of the company’s Information Solutions business, which includes Medical Systems, Life Sciences and Graphic Systems, and recorded a plus of eight percent in sales. Turnover in Fujifilm’s Document Solutions business (office communication and document management) increased 3.5 percent, resulting in a share of 41.9 percent of the company’s turnver. Sales in Fujifilm’s Imaging Solutions business (cameras, storage media, photofinishing services, minilab, paper and film) shrank 9.6 percent in the last fiscal year, mainly due to lower film sales, which could only partly be compensated by growing sales of photographic paper and other products. The segment, however, returned into the black after the finalization of the restructuring measures, Fujifilm pointed out.

In the coming years, Fujifilm said it will continue to invest in growing segments including Medial Systems and Life Sciences, Graphic Systems, High-functional materials (LCD film prodructs, semi-conductor and inks for inkjet printers) as well as optical systems and document management. In the last fiscal year, R&D expenses increased 6 percent to Yen 187.5 billion (Euro 1.18 billion), accounting for a share of 6.6 percent of Fujifilm’s sales.

For the current fiscal year, Fujifilm expects a plus in turnover of 1.9 percent, an improvement of the operating result of 1.3 percent and a growth of 5.3 percent in the profit before taxes.