Fujifilm cameras dipped 63% in sales compared to the previous quarter

Fujifilm has published its financial report for the 1st quarter of fiscal year 2020. The results were quite

deplorable.

In numbers

The most significant decline in indicators is noticeable indivision that produces cameras and other similar devices. Compared to the previous quarter, revenue decreased from 87.9 billion yen to 74.6 billion yen, or 15.1%, and operating profit decreased from 12.2 billion yen to 4.5 billion yen, or 63.2%. Entry-level cameras sold the worst due to “tough market conditions,” and smartphones also played a role in this. At the same time, mid- and high-segment cameras showed the best results.