Fujifilm reports big net income increase for nine months

Fujifilm Holdings Corp. reported net income increased in the 9 months ended Dece. 31 compared with the previous year: Net income attributable to the company increased to 193.38 billion from 181.54 billion in the previous year. Earnings per share were 160.34 yen versus 150.59 yen last year. Revenue increased to 2.43 trillion yen from 2.33 trillion yen in the previous year.

Revenues of ¥857.4 billion jumped 5.5% year over year. The company generated record third-quarter revenues, operating income and net income. Revenue growth was driven primarily by the Healthcare segment, supported by the launch of new facilities in Denmark for the Bio CDMO business. Additional momentum came from the Electronics segment, driven by strong demand for semiconductor materials, including CMP slurries, and from the Imaging segment, where digital cameras and related products delivered a robust sales performance.

The Imaging Solutions segment’s revenues were ¥194.2 billion, up 14.6% from the year-ago quarter’s level. Consumer Imaging and Professional Imaging revenues rose 11.3% and 20.8% year-over-year to ¥123 billion and ¥71.2 billion, respectively. In Consumer Imaging, performance was driven by strong sales of instax instant photo systems, including solid demand for mini 12, mini Evo, and the newly launched mini 41, as well as instax WIDE 400 and instax WIDE Evo. Results were further supported by increased supply following capacity enhancements at instax film production facilities. In Professional Imaging, strong sales of FUJIFILM X Series and GFX Series digital cameras continued, with new products such as the GFX100RF, X half, X-E5 and X-T30 III contributing meaningfully to growth.