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Mixed First Quarter for Fujifilm, Lower Sales of Copier/MFPs

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Fujifilm of Japan today reported financial results for its first quarter that consisted of April 1st to June 30th, 2025.

It was a mixed quarter for the company – although revenue and operating profit were up, net income was down – however, the company said that was due to one-time costs. And while Fujifilm Business Innovation reported good results, sales were slower for office printers and copier/MFPs.

First-quarter revenue was ¥749.5 billion ($5.08 billion), up 0.1 percent year-over-year (YoY); operating income was ¥75.3 billion ($511.06 million), up 21.1 percent YoY; and net income was ¥53.8 billion ($365.14 million), down 11.5 percent YoY.

Fujifilm said net income was down because of lower profit due to slower sales for Medical Systems; a one-time Bio CDMO scheduled maintenance at existing Danish facilities; and costs associated with reinforcing commercial production at a site in Texas.

Fujifilm Business Innovation

First-quarter revenue for Fujifilm Business Innovation was ¥273.6 billion ($1.85 billion), down 2.3 percent YoY, but operating income was ¥15.6 billion ($105.87 million), up 7.9 percent YoY.

Higher income was due to increased revenue from the Business Solutions unit (digital-transformation solutions and software). Revenue for the Office unit (printers, copier/MFPs, etc.) was ¥120.00 billion ($814.44 million), down 5.3 percent.

Operating income was up for all business groups – Healthcare, Electronics, and Imaging – up 82 percent YoY, 25.2 percent YoY, and 37.4 percent YoY, respectively.

Forecast

Fujifilm maintained its forecast for its fiscal year that will end on March 31, 2026. It’s forecasting net revenue of ¥3,280.0 billion ($22.26 billion), up 2.6 percent YoY; operating income of ¥331.0 billion ($2.24 billion), up 0.3 percent YoY; and net income of ¥262.0 billion ($1.77 billion), up 0.4 percent YoY.

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