Fujifilm published its financial results for Q3 of fiscal year 2021 (April 1, 2021 – March 31, 2022).
Great sales for the Instax products and a special mention also to the strong performance of digital cameras, especially the Fujifilm GFX100S. Down below all the details.
🤖 Improved face refinement pipeline
Gigapixel AI will now do a much better job detecting human faces more often and delivering more realistic results. Tiny background faces especially should see a noticeable improvement in quality.
🖥️ Significant image quality improvements with Windows GPU
You’ll notice much better image quality across all models in Gigapixel AI when using GPU-powered Windows machines.
🧠 Reduced memory usage We’ve streamlined how we cache and utilize image data through the entire editing pipeline, resulting in less memory usage and faster importing and exporting of image files.
⚙️ Lots of usability improvements and bug fixes
We’ve improved the post-processing resize algorithm, optimized how we compress JPG, PNG, and TIFF files when exporting, and squashed a bunch of annoying bugs.
Now, here in Europe cashback deals are the norm, but I can understand that for a customer getting the rebate instantly makes life a bit easier.
So why is Fujifilm USA following the steps of Europe?
Well, the reason is probably rather simple.
As you know, the Japanese fiscal year ends on March 31. Before that date, Fujifilm wants to show up in front of investors with the best sale figures possible.
One way to “improve” the numbers is to offer cashback deals, because:
Fujifilm launches deals shortly before the fiscal year ends
the deals boost sales
customers initially pay full price for their gear
Fujifilm will show up in front of investors with better sales numbers (it will result as if Fujifilm sold all their gear at full price)
once the yearly financial report is out they will start to refund customers
This is probably also why Fujifilm writes that if you buy your discounted GF lens today, you will need up to 8 weeks to get your refund processed and delivered (hence you’ll get your money back in April, after the Japanese fiscal year is over).
Sure, then, in 2022, they will have to pay back the money and this will influence their next fiscal report. But that’s a problem for the following year. A problem that gear like the Fujifilm X-H2 will take care of, which hopefully for Fujifilm will sell very well. And if not, there is still the option for more cashback deals.
Look, if this helps Fujifilm, I am fine with it.
It’s really not that big of a deal to mail Fuji the invoice and the serial number and then wait a few weeks to get your money back. I literally just mailed them my latest purchase 3 days ago. Easy and smooth process.
The main reason: the Zeiss Touit X lenses were more expensive than their Fujinon XF counterparts but did not offer a better image quality that would justify the price jump.
On the other hand, the Sigma X mount lenses will come in at a sensibly lower price tag than their Fujinon XF competitors and probably at the same time offer a very good image quality, too.
Well, today I’d like to go a bit more in depth and compare also some of the other specs thanks to the very useful B&H Photo comparison tool.
Given the gentle price and probably also the great performance, I believe the Sigma X mount lenses could potentially be an attractive option for many Fuji X shooters.
What I believe could be the biggest “deal breaker” is not that they are too close to existing Fujinon lenses, but that all the Sigma lenses mentioned above do not have an aperture ring, which is something many of us love and consider a key part of the Fuji X shooter experience.
At least for me it’s like this, so much so that I sold my original XF27mmF2.8 to get the new XF27mmF2.8 R WR just to have an aperture ring on the lens.
But other than that, I am happy Sigma joins the X mount with whatever lenses they want and I look forward to more in future.
Less than 48 hours after the launch of deals, I found myself at my local photography store, my credit card flying over the sales counter and in my bag a box containing the Fujinon GF50mmF3.5.
And don’t worry, my wife approved this purchase… now all I need is her to approve also my other two Fuji-dreams gear 2022, meaning this camera and this lens ;).
I am Happy I Failed :)
Here is why I bought it, and I am so excited about this lens.
My main application for this wonderful combo is landscape photography.
So how is that working out?
Well, my go-to bag for hiking is my Camslinger Outdoor. I love the practicality of it to a point, that I won’t buy gear (for landscape photography) that does not fit in there. And despite having a sensor about 70% larger than full frame, the GFX100S with GF32-64mmF4 still fits!
So, for me, this combo is compact enough, and I can easily make my usual 4 to 6 hours hike with the GFX100S and GF32-64 on my hips.
Why do I say this?
Because I want to make clear that I don’t perceive the GFX100S with GF32-64 as too big for the purpose of landscape photography, especially considering what it is: a 100 megapixel medium format system that I can carry around all day on my hips. It’s frankly amazing.
But while it is a surprisingly compact combo for the purpose of landscape photography, the GFX100S combined with the GF32-64mmF4 is not small enough for my taste to bring it with me for more casual shooting, may it be for my street photography or to document my family life.
By getting the Fujinon GF50mmF3.5, though, the whole combo gets substantially smaller and lighter, making it much more portable and easier to pick also for casual photography.
But owning the GF50mmF3.5 simply gives me more options and opportunities to pick up my GFX100S more often if I want to.
I am very happy with my purchase and I can’t wait to use use it comprehensively starting with this weekend.
We (my family and me) are probably going to the town of Sirmione this Saturday. I have never been there and can’t wait to test my new lens in such a wonderful little lake town.
And latest since the Sigma CEO himself said that they are “thinking on how to satisfy Fujifilm customers“, we can be sure that Sigma is joining the X mount too.
Well, today FujiRumors can give you a few more details.
According to our sources, Sigma will start its X mount adventure by launching three (3) X mount autofocus lenses.
And yes, Kaizen, that’s something the X-Pro1 got lots of. But on the contrary of what many think, still today Fujifilm leads the pack when it comes to updating their cameras. I elaborated it more in depth here.
But most importantly, the joy to use a Fujifilm camera is still the same, also after 10 years. In fact, Chris seems to have loved to shoot the X-Pro1 even more now as opposed to when it came out 10 years ago.
So, with all that said, here is are DPRTV’s impressions after shooting the X-Pro1 again 10 years later.
he enjoys using the optical viewfinder (the X-Pro1 has a hybrid viewfinder
great vintage look
aimed to work best with smaller primes
great for street shooters
compact camera with compact primes
the X-T1 opened the system to lots more people. The whole Fujifilm system grew from there
X-Pro1 was the first camera using an X-Trans sensor
thanks to X-Trans Fujifilm could get rid of the aliasing filter, which would have removed some sharpness to the images
now it is much easier to edit X-Trans files
X-Trans avoided a lot of the problems with moire for photos
but at that time, it was hard to work with X-Trans files. Adobe struggled with X-Trans files and 10 years later people still complain about this
Fujifilm started its reputation for great colors in JPEGs and great details
the X-Pro1 did not have many film simulations
in 10 years we have gained so many more film simulations. The latest Fujifilm cameras have even more vintage film simulations like Nostalgic Negative and Classic Chrome, etc
Chris is impressed but how accurate the optical overlay still is with its frame lines (compensating for parallax)
not great AF controls. Best solution: single AF with focus and recompose. It’s pretty snappy used this way
terrible camera for video
it’s incredible that just 10 years ago Fuji was so bad in video, but now for Jordan Fujifilm cameras are among his favorite cameras to shoot video
Chris had a lot of fun shooting the X-Pro1 again
even if it is 10 years old, it still felt quite current in a lot of ways
X-Pro1 got tons of Kaizen firmware updates
maybe Fujifilm does not do Kaizen so much anymore [admin note: I disagree, and I elaborated why here]
Fujifilm has come a long way and now dominates APS-C and MF market
Fujifilm still holds on on that vintage feel and heritage build up 10 years ago
Chris didn’t appreciate the X-Pro1 when it came out, but for some reason he now enjoyed it shooting again
X-Trans files of X-Pro1 still have very interesting character
I was solo hiking through Eastern Europe. In my bag, a tent, food, water, a few clothes. And my DSLR gear.
One morning I woke up very early at the top of the Popluks mountain in Albania, left my tent and enjoyed the sunrise all alone on the mountain peak. It should have been my last day on one of the best kept secrets in Europe, the Albanian Alps. Next stop: a 12 hours long hike all the way to Montenegro through lonely mountains and valleys of rare beatuy.
And I tell you this: when I arrived at my destination, the town of Gusinje in Montenegro, I was exhausted and I promised myself: I need to travel lighter. I need lighter gear.
And exactly in that moment of my photographic journey, 11+ years ago, Fujifilm launched the Fujifilm X series. Then, 10 years ago, the Fujifilm X-Pro1 was announced, introducing the X mount in the photography world.
And that was it. That was exactly what I was looking for.
The rest is history. I fell in love. I needed to share this love. I started FujiRumors.
So I wondered, how can we sum up this long Fujifilm X journey (which is basically just as long as my personal journey with Fujifilm) best?
Well, since Fujifilm is celebrating 10 years of X mount this year, I thought I could make a list of what I consider the top 10 cameras of this Fuji-decade. But, shall it be allowed to me, I will start with the X100, which is technically older than 10 years. But I think you’ll agree it makes sense to add to this list.
Attention: we are not (only) talking about the most successful cameras, but also about what I consider the most important ones, beyond the success they had (or not).
Fujifilm X100 – the original
That’s the camera that started it all. And it gave us a clear indication on which way Fujifilm would go: great looking cameras with manual controls and overall vintage feel.
Fujifilm X-Pro1
This was Fujifilm’s first mirrorless camera with interchangeable lenses. Iconic. Beautiful. The start of X-mount.
Fujifilm X-T1
If you ask me, my heart, I’d say X-E1 (as I love the X-E series). But that line was never a huge seller. The real first big success for the Fujifilm X mount was the Fujifilm X-T1. It was the first camera that was able to go a bit more mainstream compared to X-Pro1 and X-E1.
Fujifilm X-T10
The X-T10 was a huge hit and helped Fujifilm to break through mid-range market in a way the X-E line could not. A very successful series for Fujifilm, started by X-T10.
Fujifilm X-H1
True, it was not a big success, but it set the base for a platform that will earn lots of success in future. That’s why I put it on the list. Guys, just wait to see what a beast the Fujifilm X-H2 will be, and then you’ll agree with me. Be patient, May isn’t that far anymore.
Fujifilm X-T3
A mega success for Fujifilm that not even the release of the Fujifilm X-T4 could stop. According to my knowledge, Fujifilm’s all time best seller.
Fujifilm X100V
Announced 8 years after the original X100, it was a terrific success for Fujifilm and it brings a much needed redesign of the lens as well as an “invisible” tilt screen. It’s my biggest GAS temptation along with these 2 more Fujifilm items. And please, don’t trigger my GAS further in the comments. I have a marriage to take care of ;)
Fujifilm GFX50S
Enter medium format: Fujifilm’s first digital medium format camera with a sensor about 70% fuller than full frame. Now that we arrived at the Fujifilm GFX100S, which is even smaller than some full frame mirrorless cameras out there, we can say that the GFX50S (hence skipping full frame) was an incredibly smart move by Fujifilm.
Fujifilm GFX100S
It has to be on the list, as it is such a terrific success for Fujifilm. Not even in their best dreams they’d have hoped for as many sales as the GFX100S generated. The only problem: Fujifilm has a hard time producing as many cameras as the market requests, yes, even now, 1 year after its announcement. And please, stop to say nonsense like “it should not have had IBIS” or stuff like that. This nonsense often comes from the same people praising OIS. So aren’t both, OIS and IBIS, serving the very same purpose. And more importantly, can’t you simply turn off both if you don’t like them?
Fujifilm X-Pro3
Arguably the most controversial on the list, as this camera is designed for the niche and therefore was never planed to make massive sales. But here is the thing: while Fujifilm has indeed released the X-S10 and GFX100S with more “mainstream” oriented ergonomics, the Fujifilm X-Pro3 shows that Fujifilm cares also about niche and does not run only after the mainstream. They still want to offer all sorts of different photographic experiences by changing the ergonomics among various camera lines. So don’t panic guys, Fujifilm ain’t dropping retro at all. Whoever creates panic about this, is just out for clickbait. The X-Pro3 is Fuji’s statement for their continuing commitment to retro and vintage controls.
So that’s my list. Feel free to change and modify it as you want in the comments.
Must Read for X100 Lovers – “Don’t Touch that Camera!” the Story About the Inspiration Behind the Fujifilm X100 Series Design