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Fujifilm reports fiscal year end earnings

total sales up 3.6% to 2,960 billion yen ($18.63 billion)

  • operating income up 1.3% to 277 billion yen ($1.77 billion)
  • net income up 11% to 243.5 billion yen ($1.56 billion)
  • Graphic Communications division revenue down 3% to 331.6 billion yen
  • Business Innovation division revenue down 1.4% to 826.1 billion yen ($5.3 billion)
    • Operating income up 1.8% to 70.8 billion yen ($454.87 million)
    • Office Solutions revenue down 5.6% to 524.3 billion yen
    • Business Solutions revenue up 6.8% to 301.8 billion yen
  • Will combine both above divisions to create “Printing and Solutions”
  • Total liabilities up to 1,610.2 billion yen

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