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Fujifilm Publishes 1st Quarter Financial Results (FY2018/3) – Strong Fujifilm GFX 50s Sales and Healthy Imaging Solutions

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Fujifilm just publisheed the 1st quarter financial results (FY2018/3)… and there are good news (again) for Fujifilm’s imaging solution:

In the Imaging Solutions segment, sales increased largely due to a significant rise in electronic imaging sales combined with strong sales in other businesses

In the photo imaging business, sales were strong, especially in Europe and United States, of instax SQUARE SQ10, launched in May 2017, and instax films as well as other instax series instant photo systems. Wall Decor and other value-added printing businesses also enjoyed solid sales.

In the electronic imaging business , revenue increased on strong sales of FUJIFILM GFX 50S, a medium format mirrorless digital camera equippe d with a large sized sensor which was launched in February 2017, and the X Series mirrorless digital cameras, including the FUJIFILM X-T20, as well as the accompanying interchangeable lenses

In the optical device business, sales of various industrial-use lenses advanced steadily. Three new 4K broadcast camera lenses we re launched from April 2017

In another passage, they mention also the Fujifilm X100F:

In the electronic imaging business, revenue increased on strong sales in FUJIFILM GFX 50S, a medium format mirrorless digital camera equipped with a large sized sensor which was launched in February 2017, and the X Series of mirrorless digital cameras, such as the FUJIFILM X-T20 and FUJIFILM X100F as well as their accompanying interchangeable lenses.

And what about the accounting irregularities we reported about it here? The reports today do mention the irregularities and the measurments they took to fix it and prevent them to happen in future. Fuji Xerox messed it up quite a bit in New Zeland/Australia (around 450 million loss)… but don’t worry, Fujifilm is not doomed ;).

Link to all reports below.

  • 1st Quarter ended June 30, 2017 Earnings Presentation – Click here
  • Earnings Presentation – Click here
  • 1st Quarter ended June 30, 2017 Earnings Release – Click here
  • Movie: Earnings of FY2018/3 1Q – Click here
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