Strong imaging and chip gains offset printer decline and soft healthcare profitability.
Fujifilm Holdings posted record results for the fiscal year ended 31 March 2025, with consolidated revenue rising 7.9% to ¥3.20 trillion ($20.6 billion/ €19.3 billion) and net income increasing 7.2% to ¥261.0 billion ($1.68 billion/ €1.57 billion), supported by strong demand in imaging and semiconductors.
The Imaging segment stood out, with revenue up 15.4% and income climbing 36.4%, boosted by new Instax and GFX cameras. The Electronics segment recorded a 20.7% revenue surge, aided by AI-related semiconductor demand and the acquisition of Entegris’ process chemicals business.
However, the Business Innovation segment, which includes printers, posted mixed results. Revenue rose 3.5%, but office printer sales fell due to an economic slowdown in Asia and the strategic withdrawal from low-margin models in Europe and the US. Fujifilm launched new Apeos A3 colour multifunction devices and expanded sales across Spain and France, while production printer growth in the US and Europe partially offset office weakness.
Looking ahead, Fujifilm forecasts modest growth for FY2026, with revenue expected to rise 2.6% to ¥3.28 trillion ($21.1 billion/ €19.8 billion), amid global economic uncertainties and ongoing tariff risks.
