Fujifilm Reports Record Highs for Second Quarter, Gains for Business Innovation Business

Fujifilm of Japan today reported financial results for its second quarter, and first half, which both ended on September 30, 2025.

The company reported very good results for both periods, including for its Fujifilm Business Innovation business.

Second-Quarter Record Highs

For the second quarter, the company reported record highs for net revenue, operating income, and net income. Net revenue was ¥822.9 billion ($5.36 billion), up 7.5 percent year-over-year (YoY); operating income was ¥83.2 billion ($542.54 million), up 13.3 percent YoY; and net income was ¥66.5 billion ($433.64 million), up 34.1 percent YoY.

Net revenue for Fujifilm Business Innovation was ¥298.6 billion ($1.94 billion), up 3.8 percent YoY, and operating income was ¥15.8 billion ($103.03 million), up 45.6 percent YoY. For the group, Fujifilm reported strong sales of Digital Transformation (DX) solutions in Japan, but it sold less low-profit products in China. For its Graphic Communications segment, it reported higher inkjet print head sales, but lower demand for printing plates and related products in Europe.

First Half

For its first half (last six months, and combined first and second quarters), Fujifilm reported net revenue of ¥1,572.5 billion, ($10.25 billion) up 3.8 percent YoY; operating income of ¥158.5 billion ($1.03 billion), up 16.9 percent YoY; and net income of ¥120.2 billion ($783.82 billion), up 9.9 percent YoY.

Net revenue for Fujifilm Business Innovation was ¥572.2 billion ($3.73 billion), up 0.8 percent YoY, and operating income was ¥31.4 billion ($204.76 million), up 24.1 percent YoY.

The office solutions business posted lower sales, primarily due to lower sales in the Asia-Pacific region, caused primarily by the economic slowdown in China and the discontinuation of low-profit products for the Chinese market

U.S. Reciprocal Tariffs

Fujifilm noted that as of November 1st, U.S. reciprocal tariffs are 20 percent for products made in China; 15 percent for Japan; 20 percent for Vietnam; 19 percent for the Philippines; and 19 percent for Thailand.

The company said it’s used the following measures to alleviate costs from these tariffs: price revisions, supply-chain adjustments, additional expense adjustments, and other measures.

For the second quarter, Fujiflm estimates the cost of tariffs for the Business Innovation business at ¥0.3 billion ($1.95 million).

Forecast

For its fiscal year that will end on March 31, 2026, Fujifilm increased its forecast for net revenue. It’s forecasting net revenue of ¥3,300.0 billion ($21.51 billion), up 3.3 percent YoY; operating income of ¥331.0 billion ($2.15 billion), up 0.3 percent YoY; and net income of ¥262.0 billion ($1.70 billion), up 0.4 percent YoY. These projected results would all be record highs for Fujifilm.

More Resources

• October 2025: Fujifilm Adds New Distributor in Canada for Production Print
• October 2025: Fujifilm Brings Acuity TR Wide-Format Printer and Aquafuze Inks to the U.S.
• October 2025: Fujifilm Business Innovation Launches Apeos 3561 Series with Cloud Connectivity, Advanced Scanning
• August 2025: Fujifilm Rolls Out New Capabilities for Revoria Production Presses
• August 2025: Mixed First Quarter for Fujifilm, Lower Sales of Copier/MFPs