Fujifilm has published a financial report for the 1st quarter of fiscal year 2020. The results were pretty
The strongest subsidencea unit that produces cameras and other similar devices. Compared to the previous quarter, revenue decreased from 87.9 to 74.6 billion yen, or 15.1%, and operating profit, from 12.2 to 4.5 billion yen, that is, 63.2%. The entry-level cameras sold worst of all due to “tough market conditions”, and smartphones played a significant role in this. At the same time, middle and high segment cameras showed the best results.