30
Jul
2014

Profitable: Fuji’s Imaging Division up 8.0% from the previous fiscal year (Fuji’s Annual Report)

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For years, the weak spot of the Fujfilm company was its imaging division. One of the reason for that, was that smartphones killed sales of compact cameras. Fuji reacted and launched the X100/S, the X-PRO1, the X10/20, the X-E1/2… but, while sales were “smooth”, the imaging field continued to lose money.

But something changed since the launch of the Fujifilm X-T1. The imaging division finally started to make profits (as I first told you in May 2014 here). Now this is the second report that confirms the overall grow of this line of business. In fact, it’s written Black on White on Page 22 of the annual report: “In the Imaging Solutions segment, consolidated revenue amounted to ¥373.6 billion, up 8.0% from the previous fiscal year.”

However, in the report of the 1st quarter (download zip), Fujifilm says: “Revenue decreased, but the profitability was secured due to the strong sales of instant cameras and profit improvement of digital camera business.” (NOTE that formulated this way – “profit improvement” – doesn’t necessarily mean profit (could also mean “less loss“)… but it’s nevertheless a further step into the right direction.)

So while the overall demand on compact cameras is inexorably decreasing, the X-series sales were strong, and the main reason for that is very likely X-T1.

I’ve checked the AmazonCSC ranking since the X-T1 hit the market, and both combinations, the body only and the kit, hardly ever left the first 15 positions of the ranking (at the moment 6th and 7th of the ranking). In fact, Fujifilm writes:

In the electronic imaging field, sales of premium interchangeable lens camera, FUJIFILM X-T1, which was launched in February 2014, and others were strong. [...] the sift to high-end models has been proceeding steadily.”

Sure, it’s not just the X-T1. Fujifilm says that “such factors as the expanded sales of instant cameras and camera modules for use in smartphones led to the increase in consolidated revenue. Operating income amounted to ¥3.6 billion, due to strong sales in the photo imaging business, cost reductions, and other factors.”

But the X-T1 is for sure a winner for Fujifilm, and probably the most sold X-camera ever.

FROM THE ANNUAL REPORT

Revenue increased and the segment become profitable, mainly due to robust sales in the photo imaging business, the positive effects of yen depreciation, and successful efforts to reduce fixed costs.
- Sales of instant cameras as well as such high-value-added print services as Year Album expanded.
- Sales increases were recorded for camera modules for use in smart phones, TV camera lenses, and related products.
- Emphasis was placed on expanding sales of premium-model digital cameras

In the electronic imaging field, sales of compact digital cameras decreased, reflecting overall worldwide decline in demand due to the spread of smartphones, but sales of the high-end X Series model were strong. Furthermore, the business comprehensively reduced fixed costs.

In the years ahead, Fujifilm will make efforts to expand its lineups of both the X Series, which leverages its exclusive technologies, and interchangeable lenses, while it works to expand sales centering on interchangeable lens-type cameras.

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30
Jul
2014

XF 18-135 review at ephotozine: “Those looking for a walk-around lens will be smitten with this lens”

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IN STOCK CHECK – USA: BHphoto / AmazonUS / Adorama / BestBuy – EUROPE: wexUKwexDE / PCHstore – / AUSTRALIA: Camerapro

1) ephotozine published its XF 18-135 review here. They recommend this lens:

“It would be churlish to compare the sharpness delivered by this lens to Fujifilm’s prime lenses, as they don’t have as many compromises to deal with. Even so, as far as superzoom lenses go, this optic delivers sharp, contrasty images and tons of convenience, thanks to the 7.1x zoom range, optical stabiliser and weather resistance. Those looking for a walk-around lens for their Fuji X-series camera should still be smitten with this lens, even if it is a touch expensive when compared to similar offerings from other camera manufacturers.”

2) The Spanish site dslrmagazine posted its 18-135 field test here (translation): “The first target for proper sealing Fujifilm X series we liked because it offers maximum versatility with standards of quality more than remarkable for what is usual in such a wide range of optics. Range, focusing speed, stabilizer … and all at a price of 799 €. If you have to put a “but” the lack of light but we know that can not be.”

29
Jul
2014

XF 18-135 in STOCK at ADORAMA and Kenmorecamera!

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Adorama has the long expected and first weather resistant Fujinon lens in stock here.

A limited number (4) of XF 18-135 WR lenses 5 is now available also at top rated ebay store kenmorecamera here (99,9% positive feedback) and bergerbroscamera here (99,6% postive feedback).

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29
Jul
2014

Fujifilm Magazine Nr.6 is out: interview with Mehrdad, win a XQ1 with underwater housing and more

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The 6th edition of the Fujifilm Magazine is out here. This time it includes an interview with Mehrdad (qimago.de), some tips to for your X-series camera, the chance to win an XQ1 (currently in offer) with underwater housing and more.

29
Jul
2014

“Crop Sensors vs Full Frame :: Crop Or Crap, Math or Moment” (video by Zack Arias)

Zack Arias posted a video on youtube here (Crop Sensors vs Full Frame), where he talks about the different sensor sizes. His full article is up at dedpxl here.

Look. Some of the trolls out there are going to think this is a Fuji sponsored message. It isn’t. While Fuji is a client of mine and I have done work for them they sure as hell don’t keep food on my table or a roof over my head on any sort of regular basis. I don’t get shit for saying this stuff or making blog posts like this. I’m simply relaying my experiences working with all sorts of cameras in all sorts of situations. And in preparation for making this blog post I have done a lot of pixel peeping at newer APS cameras from Nikon, Canon, Sony, and the rest and I feel confident saying… APS sensors kick ass these days. Across the board. Whatever you are shooting..”

And in case you missed it, he also posted his X-T1 review at dedpxl:

I have zero regrets about selling all of my Canon gear and going Fuji. Zero regrets. I do miss the longer telephoto but, lo and behold, what just got announced for the lens lineup? A 90mm f2. I wonder who could have requested that over and over and over again? This camera can hold its own for just about anything but professional sports photography. It’s a fantastic travel camera. It would be great for events and weddings. It is lovely for portraits. Wouldn’t mind a faster sync speed than the 180th that it has but I jump to the x100s or the Phase when I need that fast sync. [...]  PS – Dear Fuji. I’m still wanting an X-Pro2. Don’t forget about that. I would, however, trade the X-Pro2 for an X medium format. Just sayin’.”