| Type | Public |
|---|---|
| Traded as | TYO: 4901, NASDAQ: FUJIY |
| Industry | Photographic Equipment & Supplies |
| Founded | January 20, 1934 |
| Headquarters | Midtown West, Tokyo Midtown Akasaka, Minato, Tokyo, Japan |
| Key people | Shigetaka Komori President & CEO |
| Products | Various products relating to photography and imaging |
| Revenue | ¥2.182 trillion (FY 2010)[1] |
| Net income | ¥104.431 billion (2008)[1] |
| Employees | 35,274 (As of March 31, 2011)[2] |
| Website | www.fujifilm.com |
Fujifilm Holdings Corporation, commonly known as Fujifilm, (富士フイルム株式会社 Fujifuirumu Kabushiki-kaisha) is a multinational photography and imaging company headquartered in Tokyo, Japan.
Fujifilm's principal activities are the development, production, sale and servicing of color photographic film, digital cameras, photofinishing equipment, color paper, photofinishing chemicals, medical imaging equipment, graphic arts equipment and materials, flat panel displays, optical devices, photocopiers and printers.
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Fuji Photo Film Co., Ltd. was established in 1934 with the aim of being the first Japanese producer of photographic films. Having carried out sustained efforts in this area over the following 10 years, the company achieved domestic production of photographic films, motion-picture films and X-ray films. In the 1940s, Fuji Photo entered the optical glasses, lenses and equipment markets. After the Second World War, the Company promoted diversification, penetrating the medical (X-ray diagnosis), printing, electronic imaging and magnetic materials fields. In 1962, Fuji Photo and U.K.-based Rank Xerox Limited (now Xerox Limited) launched Fuji Xerox Co., Ltd. through a joint venture.
From the mid-1950s, Fuji Photo accelerated the establishment of overseas sales bases. In the 1980s, aiming for “World Class FUJIFILM status,” Fuji Photo expanded it production and other bases overseas, stepping up the pace of its business globalization. Meanwhile, Fuji Photo led the industry in the development of digital technologies for application in it photo-related, medical and printing businesses. These technologies allowed Fuji Photo to become a driving force in the development of such markets.
The beginning of the new millennium witnessed the rapid spread of digital technology application in cameras. Demand for photographic films showed a sudden plunge in line with the growing popularity of digital cameras. In response, Fuji Photo advanced management reforms aimed at effecting drastic transformation of its business structures. In October 2006, Fuji Photo adopted a holding company system and established FUJIFILM Holdings Corporation, which welcomed the two operating companies - FUJIFILM Corporation and Fuji Xerox – under its wing. Under this system, the Fujifilm Group promoted structural reforms in the Imaging Solutions segment and growth strategies in it priority business fields. These initiatives enabled the Company to achieve a sharp performance improvement and post record-high revenue and operating income in the fiscal year ended March 31, 2008.
Throughout challenging business conditions, the Company has continued bold implementation of additional structural reforms and reformulated its growth strategies. Fujifilm’s major growth pillar strategy entails bolstering activities in its priority business fields that include medical systems/life sciences, graphic arts, document solutions, optical devices, highly functional materials and digital imaging.
In September 19, 2006, Fujifilm announced[3] plans to establish a holding company, Fujifilm Holdings Corp. Fujifilm and Fuji Xerox would become subsidiaries of the holding company. A representative of the company reconfirmed it commitment to film, which accounts for 3% of sales.[4]
Fujifilm Fuji Xerox, once a joint venture between itself and Xerox Corporation of North America. Fujifilm bought Sericol Ltd., a UK based printing ink company specializing in screen, narrow web, and digital print technologies in March 2005.[5]
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