Latest FUJIFILM Earnings Report Says X-series, Lenses and Fujifilm GFX 50s Sell Strong. Imaging Solution “Substantial Increase in Income”

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The full Fujifilm earnings report is finally out. And there are good news for X-series as well as GFX lovers. Here some excerpts.

The business of electronic imaging achieved a sales growth due to positive sales of the X Series of mirrorless digital cameras such as FUJIFILM X-T2 and FUJIFILM X-T20 as well as their interchangeable lenses, and strong sales of the FUJIFILM GFX 50S, a medium-format mirrorless digital camera equipped with a large sized sensor, released in February.”

The sales of the Imaging Solutions segment decreased, due to the negative effect of the appreciation of the Japanese yen in the foreign exchange market However its income grew thanks to the sales expansion of instant photo systems and digital cameras which are high-end models as well as improved profitability in various business categories. On the operation base, the segment enjoyed increased sales and substantial increase in income.”

In another report, they also mention the Fujifilm X100F and X-A3, as well as the MK Cine lenses

“In the electronic imaging field of the optical device and electronic imaging business, overall sales increased due to strong sales in FUJIFILM X-T2 launched in September 2016, FUJIFILM X-A3 and interchangeable lenses.

In addition, FUJIFILM GFX 50S, a medium format mirrorless digital camera, adopting a big sensor (43.8mm by 32.9mm) which was released in February 2017, together with FUJIFILM X100F and FUJIFILM X-T20 as the latest models of X Series which enables the prominent photograph image quality through its unique technology in re-generating original colors, led the sales increase.

In the optical device field, though the sales of camera modules for use in smartphones decreased, the Group is seeking to expand global market share of the cinema lenses with FUJINON MK18-55mm T2.9 , relesased in Februaly 2017, which has gained high reputation from the market for its advanced optical performance, ultra-compact and lightweight design, and excellent cost performance.”

The latest accounting errors do not seem to have a particulary huge negative impact, as we already reported earlier today here.

  • Outline of the Report by the Independent Committee and Future Measures – PDF here
  • FY ended March 31, 2017 Earnings Presentation – PDF here
  • Earnings Presentation – PDF here
  • FY ended March 31, 2017 Earnings Release – PDF here

Fujifilm GFX 50s: USA BHphoto, Adorama, AmazonUS EU: CalumetDE, WexUK, ParkCamerasUK, PCHstore AUS: CameraPro

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 X-T20: USA: BHphoto, Adorama, AmazonUS EU: AmazonDE, AmazonUK, WexUK, PCH AUS: CameraPro

Fujifilm X-T2: USABHphoto, AmazonUS, Adorama, Focuscamera, BestBuy CANADA: AmazonCA EUROPE: AmazonDE, Calumentphoto DE, AmazonUK, AmazonITA, AmazonFR, AmazonESP, PCHstore, WexUK AUSTRALIA: CameraPro

Fujifilm X100F: USA: BHphoto, Adorama, AmazonUS EU: AmazonDE, AmazonUK, WexUK, PCH AUS: CameraPro

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Don’t Worry, Fujinon XF 18mmF2 MK II Will Come… and it’s Not Just a New Product Number, but a REAL New Version!

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A few months ago, I told you that Fujifilm is working on a new XF 18mm F2 MK II lens.

Some FR-readers were worried, that the 18 MK II could be just a “new version” like the XF18-135 and XF27, which are now moving to the Philippines and hence got a new product number (this is why stores mark them as new version).

But I want to assure you, that the XF 18mm F2 MK II will be a REAL second version of the original XF 18mm F2, and not just get a new product number.

In our ultimate X-mount lens poll, the XF 18mm MK II was very high on your wish list, ranking at the overall 5th position out of 30 lenses.

So Fuji, please, this lens can’t come soon enough :).

Oh… and since we are talking of our wishes… the mosted wanted prime lens is the XF 33/1… just saying, Fujifilm :)

XF 18mm F2 MK I: USA: AmazonUS, BHphoto, FocusCamera, Adorama – EUROPE: AmazonDE

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Notice of Impact of Inappropriate Accounting & Notice of Revised Consolidated Earnings Forecast for the FY Ended March 2017

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Fujifilm disclosed a summary of the results of their investigations regarding the accounting irregolarities.

“[…] in addition to Fuji Xerox New Zealand Limited (“FXNZ”), an overseas sales subsidiary of Fuji Xerox Co., Ltd. which is a consolidated subsidiary of FUJIFILM Holdings , Fuji Xerox Australia Pty. Limited, an Australian sales subsidiary of Fuji Xerox, also conducted inappropriate accounting similar to that conducted by FXNZ. As a result, the accumulated impact of the inappropriat e accounting regarding our consolidated subsidiaries on the “net income” on a consolidated basis of the Comp any for the past few years has become a loss of 37.5 billion yen from a loss of approximately 22 billion yen […]. Further, the accumulated impact on the “net income attributable to FUJIFILM Holdings” is a loss of 28.1 billion yen

Read the full “Notice of Impact of Inappropriate Accounting regarding our Consolidated SubsidiariesPDF here

They also published the “Notice of Revised Consolidated Earnings Forecast for the Fiscal Year Ended March 2017” – PDF here

Although sales in areas such as electronic imaging field of the optical device and electronic imaging business have increased, our sales and operating income has decreased due to a decrease in sales in the healthcare business and the document business.

At the same time, as a result of the review of the cross-shareholding, a gain on sales of investment securities has been recorded in non-operating income and expenses so there have been increases in income before income taxes, net income attributable to FUJIFILM Holdings, and net income attributable to FUJIFILM Holdings per share, which has resulted in a record high in the net income attributable to FUJIFILM Holdings.

Further, the impact on the amount in the consolidated earnings for the fiscal year ended March 2017 relating to the accounting problem at overseas sales subsidiaries of Fuji Xerox Co., Ltd. […] is minor.”

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Fujifilm USA Savings: Up To $500 Price Drop on X-T2, X-T1, X-Pro2, XF100-400 & More

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The Fujifilm X gear USA Summer Promotion is still running until July 22 (for the items marked below as “NEW”) and until July 1 for all other items.

Here is the complete overview for you guys.

Keep in mind that the deals marked as “NEW” expire July 22, whereas the other ones expire July 1.

NEWFujifilm X-T2 body + grip (save $230): BHphoto, Adorama, AmazonUS
NEWFujifilm X-T2 body + 35/2 + grip (save $330): BHphoto, Adorama, AmazonUS
NEWFujifilm X-T2 graphite body + grip (save $230): BHphoto, Adorama, AmazonUS
NEWFujifilm X-T2 + 18-55 + grip (save $230): BHphoto, Adorama, AmazonUS

NEWFujifilm X-Pro2 + 23/2 or 35/2 or 50/2 (save $300): BHphoto, Adorama, AmazonUS

NEWFujinon XF 100-400 + 1.4 Teleconverter (save $450): BHphoto, Adorama, AmazonUS
NEWFujinon XF 100-400 + 2.0 Teleconverter (save $450): BHphoto, Adorama, AmazonUS

Fujifilm X-T20 (save $50): BHphoto, Adorama, AmazonUS

Fujifilm X-T1 black body (save $500): BHphoto, Adorama, AmazonUS
Fujifilm X-T1 black body (save $500) + Free Accessories: Adorama
Fujifilm X-T1 graphite body (save $500): BHphoto, Adorama, AmazonUS
Fujifilm X-T1 + XF18-55 (save $500): BHphoto, Adorama, AmazonUS
Fujifilm X-T1 + XF18-55 (save $500) + Free Accessories: Adorama

Fujifilm X100T (save $200): BHphoto, Adorama, AmazonUS

Fujifilm X-T10 body (save $200): BHphoto, Adorama, AmazonUS
Fujifilm X-T10 + XF 18-55 (save $200): BHphoto, Adorama AmazonUS
Fujifilm X-T10 + XC 16-50 (save $200): BHphoto, Adorama, AmazonUS

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My Journey from FF Canon, to Fujifilm, to FF Sony and back to Fuji :: How I Made A Cheap Macro Lens for my Fuji :: Fujifilm Love/Hate (miXed zone)

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Rico’s Workshops

  • Rico’s Ultimate (English) Fujifilm Workshop in New Zealand. Check it out here
  • GERMAN Fuji WORKSHOP: Fuji X Secrets Camera in Heidelberg – die X-Pro2, X-T2, X-T20, X100F & GFX 50S beherrschen at fuji-x-secrets
  • GERMAN Fuji WORKSHOP: Fuji X Secrets Compact in Forchheim – Inside X-Pro2, X-T2, X-T20 & X100F at fuji-x-secrets

Cover Stories

  • My journey from full frame Canon, to Fuji, to full frame Sony and back to Fuji again at everydaygetaway
  • How I Accidentally Made Cheap Macro Lenses For My Fujifilm X Camera [Jupiter 8M, Jupiter 12, Helios-103] at roeschphotography
  • Fujifilm Love Hate ! at matthewhartphotography

Fujifilm X-T2 & More
USA: BHphoto / AmazonUS / Adorama

Fujinon Lenses (and third party / adapted)

A Bit of Everything

 

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