Fujifilm Accounting Irregularities Found also in Australia and Japan (say Media). Fujifilm Shares Fall more than 4% on 1 Day

Back in April, we shared the news here on FujiRumors, that Fujifilm found some accounting irregularities at Fuji Xerox New Zealand. They immediatly launched an investigation and said that the yearly earnings reports will be published later than usual.

Today the international news agency Reuters said here that, according to media reports, accounting irregularities where found also in Australia and Japan.

After these media reports, just today (June 9, 2017) Fujifilm shares fall more than 4%.

There is still no official statement of Fujifilm. All Fujifilm told us today, is that they completed the investigations and on their website here they promised to release the earnings reports on June 12, along with the full text of the investigation report (first in Japanese, and an English summary at a later date)

Here is the full press text of Reuters:

Fujifilm Holding’s Corp’s shares fell more than 4 percent on Friday after a media report said accounting irregularities had spread to its Australian unit and to Japan.

By 0230 GMT, Fujifilm shares were trading 3.6 percent lower at a 7-month low of 3,983 yen.

Accounting problems have been found at Fuji Xerox Australia and in Japan, the business daily Nikkei said citing a source.

Losses could reach 30 billion yen to 50 billion yen ($272 million to $453 million), Nikkei added.

The report was not based on an announcement by the company, Fujifilm said in statement issued through the Tokyo Stock Exchange.

Fujifilm had previously postponed its earnings announcement for the year ended March due to an accounting probe into questionable practice at Fuji Xerox New Zealand Ltd.

The panel, made up of outside accountants and lawyers, will report its findings to the company on Saturday, Fujifilm said.

The company said it plans to announce the findings along with the delayed earnings release on June 12.

Good Bye Made In Japan: Fujinon X-Lens Production Moving To Philippines. New Product Number Reason for “NEW” 18-135 and 27

Fujinon XF 27mm now made in Philippines
Fujinon XF 27mm now made in Philippines

shared by FR-reader Kris here

Good Bye Made in Japan

In the last 2 days, we have seen stores like AmazonUK saying that a new version of the XF18-135 and XF27 is coming.

Well… I have an update for you, that could explain why all these “new versions” pop up on stores.

A kind source (thanks) informed me that Fujifilm is moving the production of some X-mount lenses (maybe even ALL X-mount lenses), to the Philippines.

This has been also proven by a FR-reader, who shared with us the images of his XF27mm made in the Philippines. And by moving the lens production to another country, Fujifilm has changed the product number… hence now stores are listing it as “New”… but it’s just a new product number.

And when the Spanish store earlier today shared the XF27mm II “PH”, well, PH could stand for “Philippines”. But even if it does not stand for Philippines, it’s not really relevant at this point. Fact is (oh sorry, I should say “rumor has it”) that X-mount lens production is moving to the Philippines.

So… what once was made in Japan, or China (27mm) or Thailand, is now (or will soon be) made in Philippines, which isn’t necessarily a bad thing, as long as the quality remains the same (and let me add: also the fair treatment of workers… treat your workers well, and the products will be better, too)

For the complete picture: 27mm, 18-135, XC lenses and cameras like the X-M1 and so forth, are already made in China and Thailand. But the lens production is moving all to Philippines now… even the Japanese XF lenses.

As some of you might remember, I reported about Fujifilm opening factories for lens production in the Philippines back in 2013.

Fujinon X-mount factory in Philippines
Fujinon X-mount factory in Philippines

New “Fujifilm XF 27mmF2.8 II” listed at Spanish Store

Just yesterday I reported, how several stores are saying that a new XF 18-135 and XF27mm are coming.

Well, here is another one.

A Spanish FR-reader told me that his local store is listing both, the classic XF27mmF2.8 and a mysterious New XF27mmF2.8 II PH.

The specs listed at the store for both lenses are identical (so evidently copy & paste from the original 27).

Maybe all this means nothing… or maybe where there is smoke there is fire ;).

Anyway, wouldn’t it be nice to have a XF27mmF2.8 MK II with aperture ring, just like Fujifilm’s first XF27mm mock-ups displayed at official events years ago?

  • The American West & Route 66, shot with a Fujifilm X-T20 and a XF27mmF2.8 pancake lens at Rico’s flickr here…. I wonder if it’s the Mark I or Mark II :-)

take care, fellow Fuji shooters… and stay tuned for updates
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Fujifilm GFX Contax N/645 Smart Adapter Available for $749. :: A Visual GFX Journey :: Field Tests & More (GFX Zone)

How to activate Fringer Contax645-GFX AF adapters at fringer youtube

The Fringer Contax N/645 – GFX is now shipping in a limited number for a beta user group. If nothing goes wrong, the release version would be ready for sale in a week at fringeradapter. Fringer is also a member of our immense Fujifilm GFX facebook group, and he launched a dedicated thread, where he shares sample images and answers all questions you guys have about the adapter.

Join the 13,000+ strong GFX facebook group, and incredibely helpful community creating infinite GFX content. For fast, reliable, and 100% GFX news and rumors follow the Fujifilm GFX facebook page.

Fujifilm GFX 50s: BHphoto, Adorama, AmazonUS
Fujinon GF 110mm F2: USA: BHphoto, AmazonUS, Adorama Europe: WexUK, PCHstore
Fujinon GF 23mm F4USA BHphoto, AmazonUS, Adorama Europe: WexUK, PCHstore

The Fujifilm GFX 50s High ISO is So Good that it’s Not Funny

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guest post by Josselin C. // instagram: untitledshot

(Note : not sponsored by Fuji, just an honest opinion. I am coming from the Sony world, and still own a A7r2)

I took this 80MP composition last friday with the Fujifilm GFX 50s:

I am so impressed by the low light capabilities of this camera that I even did an how-to video explaining how this photograph was created :

Photographers that ever tried to catch the milky way in a middle of a city would know the challenges of capturing it in environment with high light pollution. It is one of those impossible shots that need really specific conditions to be obtainable. Lookup for “milky way Sydney” on Google and mostly all shots you will see are composite (e.g. milky way shot in one location added in Sydney) – well not in this case here.

I recently setup – after discussing with @apoapsisphotography and @clement_breuillea challenge to get the milky way in the middle of an highly populated city – during a light festival. Turns out, this place had to be Vivid Sydney (if you are in Sydney, go pay a visit, this is awesome).

When I acquired this camera, I didn’t know what to expect, or even, if I would keep it. I already own a marvel of engineering: the Sony A7r2. This camera never failed to deliver, even in some of the harshest and remotest places of this world. It also helped me win the french national awards of the Sony World Photo Organization and to be nominated Top 5 Travel Photographer by Australian Photography. I couldn’t be happier.

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