Fujifilm Holdings reported a sharp rise in operating profit despite stagnant overall revenues and a drop in net income, as its imaging and semiconductor businesses offset weakness in its printers segment.
The company posted operating income of ¥75.3 billion (approx. $526 million/ €486 million) for the quarter to June, up 21.1% year on year, buoyed by strong demand for instant cameras and advanced semiconductor materials. Revenue edged up just 0.1% to ¥749.5 billion (approx. $5.2 billion/ €4.8 billion), while net income fell 11.5% to ¥53.8 billion (approx. $376 million/ €347 million) due to foreign exchange losses and higher tax charges.
Business Innovation, Fujifilm’s division encompassing printers, multifunction devices and graphics communications, saw revenue decline 2.3% to ¥273.6 billion (approx. $1.9 billion/ €1.8 billion). Although income rose 7.9% on improved efficiency, printing-plate and inkjet printhead sales slumped in Europe and the US. Office printer sales also weakened, particularly in China. However, new products, including the Revoria Kamisa PH12 paper-handling robot, highlighted ongoing innovation.
The group continued expanding its Apeos series of digital colour multifunction printers, launching in Poland and Slovenia in April and Egypt in May. Fujifilm said the rollout was part of its broader strategy to grow its footprint across Europe, the Middle East and Africa, targeting enterprise demand ahead of the end of Windows 10 support.
Imaging was the standout performer, with sales up 11.2%, driven by new camera launches and robust demand for instax devices.
Fujifilm left its full-year forecast unchanged, projecting ¥331 billion (approx. $2.3 billion/ €2.1 billion).
The company flagged potential pressure from US tariff policies but maintained confidence in its supply chain adjustments.
