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.