Fuji’s 3rd quarter financial results are out


Fuji published their 3rd quarter financial results:

Consolidated revenue for the third quarter of FY2016/3 totaled ¥1,841.5 billion, up ¥26.3 billion compared with the previous fiscal year due to sales increase in such businesses as photo imaging business, medical systems business, electronic materials business, graphic systems business ,document business and others.

Operating income totaled ¥133.9 billion, up 7.6% from the previous fiscal year, reflecting such factors as improvement of profitability in each business.

Income before income taxes amounted to ¥141.7 billion, down 7.5% from the previous fiscal year, and net income attributable to FUJIFILM Holdings totaled ¥84.4 billion, down 10.1% from the previous fiscal year, because in the third quarter of last fiscal year, a gain on revaluation of ¥21.2 billion was posted as other income by making Japan Tissue Engineering Co., Ltd. (J-TEC) a consolidated subsidiary of the Fujifilm Group.

Excluding the impact of this, income before income taxes increased by 7.4%, and net income attributable to FUJIFILM Holdings increased by 16.2% from the previous fiscal year.

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