Fujifilm Financial Results for FY2022: Signifcant Rise of Imaging in Sales and Profits (also thanks to X-T5, X-H2S and X-H2)
Fujifilm has released their final report for the fiscal year 2022 (April 2022 to March 2023).
The imaging division seems to be very healthy with a 23.1% revenue increase and a 97.1% operating income increase.
Keep in mind though, that the imaging division is divided in two sections:
- Consumer Imaging: Mostly all sorts of Instax products
- Professional Imaging: X series, GFX series, cine lenses, broadcast lenses, etc
It’s safe to assume that the majority of the imaging division profits comes from Instax sales
But also the professional imaging department alone saw a revenue increase. In this regards, Fujifilm mentions the sales of the Fujifilm X-H2S, X-H2 and X-T5.
Strong sales of instant photo systems and digital cameras boosted overall revenue by 23.1% year-over-year to ¥410.3 billion and operating income by 97.1% year-over-year to ¥72.9 billion.
In the Consumer Imaging business, revenues increased due to strong sales of instant photo systems, color photographic paper and dry minilabs / materials. In March 2023, we launched INSTAX mini 12, the latest entry model of the INSTAX instant photo syste. We have also strated offering the smartphone app /NSTAX UP! that allows users to enjoy the digitized INSTAX photos on their smartphones.
In the Professional Imaging business, revenue increased as sales of new products from the X Series digital cameras, X-H2S, X-H2 and X-T5 which come with the latest, fifth-generation devices, fared well.
You can check out all the documents and reports at the dedicated Fujifilm page here.