Imaging recource: Fujifilm’s Instax, X-series sales shine, pulling in 2.7x the profits of last year

Fujifilm released its third quarter (Q3) financials this week. Inside, the numbers told an interesting story of the photography industry, which seems to be more of an enigma with each passing year. From April to September of this year, Fujifilm recorded (PDF) an overall profit of 46.9 billion yen (US$387 million), an impressive increase of 16% year over year (YOY). In terms of Fujifilm’s camera-specific profit, the Japanese manufacturer pulled in 12.4 billion yen (US$102 million), roughly 2.7 times last year’s profits. These numbers shine a ray of hope in...
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