Fujifilm first quarter revenues up but earnings drop

GaryPageau

FUJIFILM Holdings Corp. reported a net income of ¥41.4 billion in the first quarter ended June 30, 2022, compared with ¥57.3 billion in the same quarter last year. Revenues of ¥625.9 billion increased 7.4% year over year.

The Imaging Solutions segment’s revenues were ¥82.5 billion, up 13.6% from the year-ago quarter’s levels. Consumer Imaging and Professional Imaging revenues rose 20.4% and 2.5% on a year-over-year basis, respectively, the company said. Consumer Imaging sales were driven up by color photographic paper sales, instant photo systems and dry minilabs/materials. Due to the increased popularity of instant-print products, the company will invest ¥2 billion to expand production in the Kanagawa plant.

 

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Gary Pageau is principal of InfoCircle LLC, continuing his marketing communications career. InfoCircle LLC is a marketing and communications consulting firm, specializing in business-to-business markets. For nearly 25 years, he was with PMA International, serving most recently as Publisher, Content Development and Strategic Initiatives. His primary responsibilities included overseeing the Association’s editorial department, marketing research unit, education and corporate relations department.