FUJIFILM to further expand into inkjet market

FUJIFILM Group recorded a 7.4 percent increase in revenue to ¥625.9 billion for the three months to June 30 as net income fell by 27 percent partly due to higher energy and raw materials costs. Operating income amounted to ¥49.6 billion (down 12.0 percent year-over-year) mainly due to a decline in demand related to COVID-19 pandemic compared to the previous year and impact of surging energy and raw materials costs, said the company.

Consolidated income before income taxes amounted to ¥55.2 billion and consolidated net income attributable to FUJIFILM Holdings totaled ¥41.4 billion (down 27.8 percent year-over-year). In the inkjet business, sales of industrial inkjet printheads were steady, reflecting the growing demand in the construction material printing markets. In July 2022, FUJIFILM acquired UNIGRAPHICA AG, a leading European system integrator with strength in inkjet system customization, to further expand the inkjet business. So, the company will further expand the business by providing advanced inkjet technology and high-quality products/services, while contributing to the expansion of the industrial-use inkjet market and the creation of a new industry through application of inkjet technology.