Fujifilm Financial Results For Q3 FY2023: Income Increased By 18.8% And 41.7% Year-Over-Year

Fujifilm just released its financial results, and of course, Instax is continuing to do quite well while Fujifilm’s new cameras are selling well with income increasing by 18.8% and 41.7% year-over-year. You can find the full report here or read the photography-centric bullet points below.

  • Moving on to the performance of the Imaging segment.
  • Revenue increased by 13.8% year-over-year to ¥368.6 billion and operating income rose by 41.7% year-over-year to ¥88.9 billion, due to brisk sales of instant photo systems and digital cameras.
  • In the Consumer Imaging, brisk sales of the INSTAX instant photo systems drove revenue higher.
    In addition to the existing product lineup, sales of INSTAX mini Evo, INSTAX Pal, a palm- sized camera launched in October 2023, and other high value-added products fared well.
  • In the Professional Imaging, revenue rose due to strong sales of X-S20 launched in June 2023 and GFX100 II launched in September 2023, in addition to brisk sales of X-H2, X- H2S and X-T5 released in the previous fiscal year. In October 2023, we started offering the Tunnel inspection DX solution that improves tunnel inspection efficiency by using the latest optical technology, image processing technology and AI.

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