Ouch!! --- Thats gotta hurt :(

Ralph McKenzie wrote:

Just been reading the latest posting at Fuji regarding their sales.

Revenue:

http://www.fujifilmholdings.com/en/investors/ir_library/earnings_summary/2012/quarter2/index.html

Heres the link to more of the information at Fuji.

I hope Fuji has something really interesting up their collective sleeves if they are to keep what market share they have. I wonder how this is going to reflect on the new generation equipment they have in the pipeline. As this is a quarterly report one has to wonder what the finalised years earnings are going to look like.

It would appear that recessionary trends are still very much the norm in the market place.

During the second quarter of the fiscal year ending March 31, 2013, the Fujifilm Group recorded ¥1,061.6 billion in consolidated revenue (down 2.0%, or down 0.1% excluding the impact of foreign exchange fluctuations from the same period of the previous fiscal year). Despite the launch of new products and the Group's moves to step up sales promotion measures in response to growth in emerging countries' markets, consolidated revenue decreased by ¥21.8 billion, comparing to the same period of the previous fiscal year, reflecting such factors as demand decreases due to the deterioration of economic conditions in Europe, the negative impact of yen appreciation, which had the effect of reducing consolidated revenue by ¥20.3 billion, and other factors.