Fujifilm Q2 FY2024 Financial Results: Revenue and Profits Soar also Thanks to Strong Digital Camera Sales
The Fujifilm Q2 Financial Results (July-September 2024) have just been shared.
It’s yet another great report for Fujifilm’s imaging division.
Imaging:
- Strong sales of instant photo systems and digital cameras boosted revenue by 11.0% year-over-year to JPY126.5 billion and operating income by 29.2% year-over-year to JPY33.7 billion.
- In the Consumer Imaging business, steady sales of the “instax™” instant photo systems drove revenue higher.
- In the Professional Imaging business, revenue rose due to the strong sales of the latest models in the GFX and X series of digital cameras, which were released in June 2024, as well as the models released in the previous year.
In the Imaging segment, consolidated revenue amounted to ¥257.2 billion (up 17.4% year-over-year). Consolidated operating income amounted to ¥66.2 billion (up 33.8% year-over-year).
In the consumer imaging business, steady sales of the instax instant photo systems drove revenue higher. In September 2024, we launched the smartphone printer instax mini Link 3, which can print smartphone images on card-sized instax film. We will continue to expand the world of the instax instant photo system that allows people to enjoy on-the-spot photo printing.
In the professional imaging business, strong sales of digital cameras contributed to higher revenue. In June 2024, we launched the latest mirrorless digital camera models, FUJIFILM GFX100S II of the GFX series and FUJIFILM X-T50 of the X series, and two new lenses. We will continue to deliver products that appeal to digital camera users and the film industry with the GFX series, which offers overwhelmingly high image quality in a large format, and the X series, which offers the best balance between image quality and size. In addition, in September 2024 we launched the FUJINON HZK14-100mm, the third lineup in the Duvo lens series and the first wide-zoom lens in the series, which produces cinematic looks with beautiful bokeh and offers broadcast lens operation.
via Fujifilm