Fiscal 2005 3rd Quarter Earnings · 2020-04-20 · Fiscal 2005 3rd Quarter Earnings FUJI PHOTO FILM CO., LTD. January 31, 2005 FORWARD-LOOKING STATEMENTS This document contains projections

Fiscal 2005 3Fiscal 2005 3rdrd Quarter EarningsQuarter Earnings

FUJI PHOTO FILM CO., LTD.FUJI PHOTO FILM CO., LTD.January 31, 2005January 31, 2005

FORWARD-LOOKING STATEMENTSThis document contains projections of performance and other projections, which are made based on judgments regarding currently available information and which encompass potential risks and uncertainties. Accordingly, please be aware that diverse factors may cause actual results to differ materially from projected results.

11

Operating Results for the 9 months ended Dec. 31, 2004Operating Results for the 9 months ended Dec. 31, 2004

RevenueRevenue (0.5)(0.5)(9.5)(9.5)1,902.51,902.5100.0%100.0%1,893.01,893.0100.0%100.0%

DomesticDomesticOverseasOverseas

%%

ChangeChange

71.571.5

133.5133.5

146.6146.6

976.1976.1926.4926.4

¥¥115115¥¥132132

3.8%3.8%

7.0%7.0%

7.7%7.7%

51.3%51.3%48.7%48.7%

Nine months endedNine months endedDec. 31, 2003Dec. 31, 2003

(1.3)(1.3)+0.3+0.3

(12.6)(12.6)+3.1+3.1

963.5963.5929.5929.5

50.9%50.9%49.1%49.1%

(1.2)(1.2)(1.7)(1.7)144.9144.97.7%7.7%Operating Operating IncomeIncome

++2.82.8

+7.8+7.8

((¥¥6)6)++¥¥22

++2.02.0

+10.4+10.4

AmountAmount

73.573.5

143.9143.9

3.9%3.9%Net IncomeNet Income

¥¥109109¥¥134134

Exchange RatesExchange RatesUS$US$EuroEuro

7.6%7.6%Income before Income before Income TaxesIncome Taxes

Nine months endedNine months endedDec. 31, 2004Dec. 31, 2004

Performance SummaryPerformance Summary

Billions of yenBillions of yen

22

RevenueRevenue (0.4)(0.4)(2.7)(2.7)642.7642.7100.0%100.0%640.0640.0100.0%100.0%

DomesticDomesticOverseasOverseas

%%

ChangeChange

30.430.4

52.552.5

52.952.9

325.1325.1317.6317.6

¥¥109109¥¥130130

4.7%4.7%

8.2%8.2%

8.2%8.2%

50.6%50.6%49.4%49.4%

Three months endedThree months endedDec. 31, 2003Dec. 31, 2003

+0.3+0.3(1.1)(1.1)

+0.8+0.8(3.5)(3.5)

325.9325.9314.1314.1

50.9%50.9%49.1%49.1%

(17.7)(17.7)(9.3)(9.3)43.643.66.8%6.8%Operating Operating IncomeIncome

(31.6)(31.6)

(27.5)(27.5)

((¥¥3)3)++¥¥77

(9.6)(9.6)

(14.5)(14.5)

AmountAmount

20.820.8

38.038.0

3.2%3.2%Net IncomeNet Income

¥¥106106¥¥137137

Exchange RatesExchange RatesUS$US$EuroEuro

5.9%5.9%Income before Income before Income TaxesIncome Taxes

Three months endedThree months endedDec. 31, 2004Dec. 31, 2004

Performance SummaryPerformance Summary


Operating Results for the 3 months ended Dec. 31, 2004Operating Results for the 3 months ended Dec. 31, 2004

33

216.2 205.4

18.09.4

0.0

100.0

200.0

300.0

FY2004-3Q FY2005-3Q0.0

10.0

20.0

30.0

40.0

50.0

Revenue Operating income

*After elimination ofintersegment transaction

8.3%8.3%

YoYYoY: : --47.6%47.6%

YoYYoY: : --5.0%5.0%

4.6%4.6%

((Left scale) Left scale) (Right scale)(Right scale)


Breakdown of RevenueBreakdown of RevenueRevenueRevenue* * /Operating Income/Operating IncomeImaging SolutionsImaging Solutions

Operating Segments Operating Segments

YoYYoY: : --18%18%

YoYYoY: +2%: +2%YoYYoY: : --3%3%

YoYYoY: : --5%5%

YoYYoY:same level:same level

Color Filmsand Others:

20%

Electronic Imaging:

30%Color Paper

and Chemicals:17%

PhotofinishingEquipment:

9%

Labs andFDi services:

22%

Performance for the 3 monthsPerformance for the 3 monthsended Dec. 31, 2004ended Dec. 31, 2004

44

Color Films and OthersColor Films and OthersRatio of Revenue:20%Ratio of Revenue:20%YoYYoY: : --18%18%

Domestic sales volume declined approximately 25% YoY, and overseas sales volume wasdown approximately 20%.To stimulate demand in the Christmas season, Fujifilm augmented TV commercialspromoting its QuickSnap Smart Flash, one-time-use recyclable camera.

Domestic sales volume declined approximately 25% YoY, and overseas sales volume wasdown approximately 20%.To stimulate demand in the Christmas season, Fujifilm augmented TV commercialspromoting its QuickSnap Smart Flash, one-time-use recyclable camera.

FinePix FinePix S3 ProS3 Proincorporatingincorporating

Super CCD SR IISuper CCD SR II

1/1/1.71.7Super CCD SRSuper CCD SR

23.023.0X15.5mmX15.5mmSuper CCD SR IISuper CCD SR II

Electronic ImagingElectronic Imaging Ratio of Revenue: 30%Ratio of Revenue: 30%YoYYoY: +2%: +2%

Digital camera sales volume in the 3Q is approximately 1.7 million units.(Total sales volume during 1Q-3Q is approximately 4.9 million units.)

The recently launched FinePix S3 Pro digital SLR camera has attracted many inquiriesfrom prospective purchasers.Aiming to increase the profit generating capability of its electronic imaging operations,Fujifilm has renovated its related R&D, procurement, and manufacturing systems.

Digital camera sales volume in the 3Q is approximately 1.7 million units.(Total sales volume during 1Q-3Q is approximately 4.9 million units.)

The recently launched FinePix S3 Pro digital SLR camera has attracted many inquiriesfrom prospective purchasers.Aiming to increase the profit generating capability of its electronic imaging operations,Fujifilm has renovated its related R&D, procurement, and manufacturing systems.

Operating Segments Operating Segments Performance for the 3 monthsPerformance for the 3 monthsended Dec. 31, 2004ended Dec. 31, 2004

55

Color Paper and ChemicalsColor Paper and ChemicalsDomestic sales were down 6% YoY on a volume basis, while factors that includedthe growing market diffusion of digital minilabs boosted overseas sales volumes by 3%.The share of digital camera prints among all prints has been continuously rising in Japan.Fujifilm launched the Pivi mobile printer in Japan, and has strongly promoted this productthrough a large volume of TV commercials.

Domestic sales were down 6% YoY on a volume basis, while factors that includedthe growing market diffusion of digital minilabs boosted overseas sales volumes by 3%.The share of digital camera prints among all prints has been continuously rising in Japan.Fujifilm launched the Pivi mobile printer in Japan, and has strongly promoted this productthrough a large volume of TV commercials.

Ratio of Revenue:17%Ratio of Revenue:17%YoYYoY: : --3%3%

Photofinishing EquipmentPhotofinishing EquipmentDigital minilab sales volume during the FY 2005 has reached 5.9 thousand units.Fujfilm has begun marketing the Frontier 570, which features super-high-speed digitalprocessing capacity.

Digital minilab sales volume during the FY 2005 has reached 5.9 thousand units.Fujfilm has begun marketing the Frontier 570, which features super-high-speed digitalprocessing capacity.

Ratio of Revenue: 9%Ratio of Revenue: 9%YoYYoY: : --5%5%

Mobile Printer Mobile Printer ““PiviPivi”” Frontier 570 Digital Frontier 570 Digital minilabminilab


66

187.6187.7

20.3 15.2

0.0

100.0

200.0

300.0

FY2004-3Q FY2005-3Q0.0

10.0

20.0

30.0

40.0

50.0

Revenue Operating Income

Information SolutionsInformation Solutions

10.8%10.8%YoYYoY: : --25.2%25.2%

YoYYoY: : --0.1%0.1%

8.1%8.1%



Breakdown of RevenueBreakdown of RevenueRevenueRevenue* * /Operating Income/Operating Income

YoYYoY: +3%: +3%YoYYoY: +35%: +35%

YoYYoY: : --11%11%

YoYYoY: : --6%6%

Graphic Arts:29%

Medical Imaging:

25%

Flat PanelDisplay Materials:

14%

Office & Industry:12%

RecordingMedia: 15%

YoYYoY: +3%: +3%



77

Medical Imaging ProductsMedical Imaging Products Ratio of Revenue: 25%Ratio of Revenue: 25%YoYYoY: +3%: +3%

Sales of the FCR (Fuji Computed Radiography) line of digital X-ray diagnostic systemsremained firm.Fujifilm has begun marketing EX-series versions of its SYNAPSE medical-use picture archivingand communications system to medium- and small-scale medical facilities in Japan.Aiming to strengthen its European endoscope marketing network, Fujifilm has set up anadditional marketing office in the Czech Republic.

Sales of the FCR (Fuji Computed Radiography) line of digital X-ray diagnostic systemsremained firm.Fujifilm has begun marketing EX-series versions of its SYNAPSE medical-use picture archivingand communications system to medium- and small-scale medical facilities in Japan.Aiming to strengthen its European endoscope marketing network, Fujifilm has set up anadditional marketing office in the Czech Republic.

Graphic Arts System ProductsGraphic Arts System Products Ratio of Revenue: 29%Ratio of Revenue: 29%YoYYoY: +3%: +3%

Sales of graphic arts system products were robust, reflecting a continued rise in the Company'sCTP-related product sales.A new photopolymer CTP manufacturing facility is scheduled to begin operatingin the Netherlands in April 2005.

Sales of graphic arts system products were robust, reflecting a continued rise in the Company'sCTP-related product sales.A new photopolymer CTP manufacturing facility is scheduled to begin operatingin the Netherlands in April 2005.

A new photopolymer CTP A new photopolymer CTP manufacturing facility ismanufacturing facility isscheduled to begin scheduled to begin operating in the Netherlands, operating in the Netherlands, in April 2005.in April 2005.

The DoubleThe Double--balloon method balloon method ElectronicElectronic EnteroscopyEnteroscopy system, system, winning 2004 Nikkei Superior winning 2004 Nikkei Superior Products and Services Awards Products and Services Awards Nikkei Business Daily Awards Nikkei Business Daily Awards for Excellence.for Excellence.


88

Flat Panel Display MaterialsFlat Panel Display Materials Ratio of Revenue: 14%Ratio of Revenue: 14%YoYYoY: +35%: +35%

While market inventories of polarizing plates and LCD panels are estimated to be rising,demand for FUJITAC and WV Film remains strong.Fujifilm has obtained a site in Kumamoto Prefecture for an additional FUJITAC manufacturingfacility, which is scheduled to begin operating at the end of 2006.Construction of 3 new plants for manufacturing WV Film is under way.[Manufacturing Capacity of WV Film] August 2005: 70million m2/ Year (+20 million m2)

June 2006 : 90million m2/ Year (+20 million m2)

While market inventories of polarizing plates and LCD panels are estimated to be rising,demand for FUJITAC and WV Film remains strong.Fujifilm has obtained a site in Kumamoto Prefecture for an additional FUJITAC manufacturingfacility, which is scheduled to begin operating at the end of 2006.Construction of 3 new plants for manufacturing WV Film is under way.[Manufacturing Capacity of WV Film] August 2005: 70million m2/ Year (+20 million m2)

June 2006 : 90million m2/ Year (+20 million m2)

Recording MediaRecording Media Ratio of Revenue: 15%Ratio of Revenue: 15%YoYYoY: : --11%11%

Sales of data cartridges for Enterprise Tape Drive 3592 were firm.Sales of the 3rd generation LTO Ultrium 3 began in October 2004

Sales of data cartridges for Enterprise Tape Drive 3592 were firm.Sales of the 3rd generation LTO Ultrium 3 began in October 2004

Office & IndustryOffice & IndustrySales of lens businesses were up due to the increased supplies of lens units for camera phones.The AR1000 document archiving system has been launched in Japan.

Sales of lens businesses were up due to the increased supplies of lens units for camera phones.The AR1000 document archiving system has been launched in Japan.

Ratio of Revenue: 12%Ratio of Revenue: 12%YoYYoY: : --6%6%

*LTO and Ultrium are trademarks of Certance, HP and IBM in the United States and other countries or both.


99

247.0238.8

18.9

14.7

0.0

100.0

200.0

300.0

FY2004-3Q FY2005-3Q0.0

10.0

20.0

30.0

40.0

50.0


6.1%6.1%

7.6%7.6%YoYYoY: +28.7%: +28.7%

YoYYoY: +3.4%: +3.4%



Document SolutionsDocument SolutionsBreakdown of RevenueBreakdown of RevenueRevenueRevenue* * /Operating Income/Operating Income

YoYYoY: same level: same level

Office Products:52%YoYYoY: +15%: +15%

Office Printers:17%


Production Services:

11%

YoYYoY: +50%: +50%

Office Services:6%



1010

Office ProductsOffice Products Ratio of Revenue: 52%Ratio of Revenue: 52%YoYYoY: same level: same level

Sales of digital color multifunction machines continued strong, with unit sales posting gainsof approximately 30% YoY in Japan and 15% worldwide.Seven-Eleven Japan Co., Ltd. and Fuji Xerox Co., Ltd. started installing new multi-use copymachines in Seven-Eleven Japan stores from October 2004.Sales of the Apeos series, which features stronger network access capabilities, began inJanuary 2005.

Sales of digital color multifunction machines continued strong, with unit sales posting gainsof approximately 30% YoY in Japan and 15% worldwide.Seven-Eleven Japan Co., Ltd. and Fuji Xerox Co., Ltd. started installing new multi-use copymachines in Seven-Eleven Japan stores from October 2004.Sales of the Apeos series, which features stronger network access capabilities, began inJanuary 2005.

Office PrintersOffice PrintersIn terms of sales volume, exports to North America and Europe were up approximately120% YoY, and sales in the Asia/Oceania region rose roughly 130%. Sales volume in Japanwas up approximately 10%, and worldwide sales grew about 60%.

In terms of sales volume, exports to North America and Europe were up approximately120% YoY, and sales in the Asia/Oceania region rose roughly 130%. Sales volume in Japanwas up approximately 10%, and worldwide sales grew about 60%.

Ratio of Revenue: 17%Ratio of Revenue: 17%YoYYoY: +15%: +15%

Multifunction Machine Series “ApeosPort”Launched in January, 2005

Monocrome Multifunction MachineApeosPort 750 I/650 I/550 I

Color Multifunction MachineApeosPort C6550 I/C5540 I


1111

Xerox iGen3 Digital Production Press

Production ServicesProduction ServicesRatio of Revenue: 11%Ratio of Revenue: 11%YoYYoY: same level: same level

Office ServicesOffice Services Ratio of Revenue: 6%Ratio of Revenue: 6%YoYYoY: +50%: +50%

Full-scale marketing has begun of the Xerox iGen3, which is a high-speed, high-precision,full-color on-demand printing system.Sales have begun of the Fuji Xerox FreeFlow service, which provides comprehensive supportfor digital printing operations.

Full-scale marketing has begun of the Xerox iGen3, which is a high-speed, high-precision,full-color on-demand printing system.Sales have begun of the Fuji Xerox FreeFlow service, which provides comprehensive supportfor digital printing operations.

DocuColor 8000 Digital Press

Document outsourcing business is increasing.Sales of Internet-based “beat” services for medium and small sized business offices were up.Sales have been strong of a new electronic document management system for theadministration of the family register.

Document outsourcing business is increasing.Sales of Internet-based “beat” services for medium and small sized business offices were up.Sales have been strong of a new electronic document management system for theadministration of the family register.


1212

ChangeChange

++0.20.2+0.2+0.282.382.33.2%3.2%82.582.53.2%3.2%Net IncomeNet Income

%%

164.9164.9

184.9184.9

2,566.72,566.7

6.4%6.4%

7.2%7.2%

100.0%100.0%

Year endedYear endedMarch 31, 2004March 31, 2004

ResultResult

++1.71.7++43.343.32,610.02,610.0100.0%100.0%RevenueRevenue

((11.3)11.3)((20.9)20.9)164.0164.06.3%6.3%Operating IncomeOperating Income

((3.0)3.0)(4.9)(4.9)

AmountAmount

160.0160.06.1%6.1%Income before Income before

Income TaxesIncome Taxes

Year endingYear endingMarch 31, 2005March 31, 2005

OutlookOutlook

Outlook For the FY2005Outlook For the FY2005

Outlook for the year ending March 31, 2005.Outlook for the year ending March 31, 2005. Billions of yenBillions of yen

1313

Building New Growth StrategiesBuilding New Growth Strategies——Creating New Businesses Expected to Become the Pillars of Creating New Businesses Expected to Become the Pillars of FujifilmFujifilm’’s s Future OperationsFuture Operations——

M&A Activities and Corporate Alliances

Implementation of VISION 75 (1)Implementation of VISION 75 (1)

R&D Efforts and Results

Construction of Advanced Core Technology Laboratories in Kaisei-machi, Kanagawa.The new facility will synergistically integrate expertise from various fields to promotethe development of highly innovative basic technologies that enable the creation ofnew businesses.

Total Investment: ¥46.0 billion (aggregate investment over five years)Scheduled date of completion: Spring in 2006

Construction of Advanced Core Technology Laboratories in Kaisei-machi, Kanagawa.The new facility will synergistically integrate expertise from various fields to promotethe development of highly innovative basic technologies that enable the creation ofnew businesses.

Total Investment: ¥46.0 billion (aggregate investment over five years)Scheduled date of completion: Spring in 2006

Acquisition of the Microelectronic Materials division of Arch Chemicals, Inc.　 Through the acquisition of the Microelectronic Materials division which handles businesses in

semiconductor process materials, Fujifilm aims to globally develop its semiconductor relatedprocess materials business.Acquisition of UK-based ink manufacturer Sericol Group, Limited.

　 Fujifilm aims to develop and expand its printing businesses through the acquisition of Sericol,which has a leading position in the global markets for screen printing inks and industrialinkjet UV inks.

Acquisition of the Microelectronic Materials division of Arch Chemicals, Inc.　 Through the acquisition of the Microelectronic Materials division which handles businesses in

semiconductor process materials, Fujifilm aims to globally develop its semiconductor relatedprocess materials business.Acquisition of UK-based ink manufacturer Sericol Group, Limited.

　 Fujifilm aims to develop and expand its printing businesses through the acquisition of Sericol,which has a leading position in the global markets for screen printing inks and industrialinkjet UV inks.

The first application for use of Kanagawa Prefecture'scorporate relocation incentive program.

The first application for use of Kanagawa Prefecture'scorporate relocation incentive program.

1414

Implementation of VISION 75 (2)Implementation of VISION 75 (2)

FUJIFILM IMAGING Co., Ltd. started operation.Fujifilm has integrated its domestic marketing functions in the imaging field with thoseof its four principal distributors thereby reducing distribution and sales costs.

FUJIFILM IMAGING Co., Ltd. started operation.Fujifilm has integrated its domestic marketing functions in the imaging field with thoseof its four principal distributors thereby reducing distribution and sales costs.

Structural reform of domestic distribution and marketing operations in the Imaging field

Fuji Xerox’s Structural Reforms

Measures to realize cost reductionIncreasing processing charge efficiency, promoting greater use of standardized componentsand lowering the procurement costs by shifting mass production bases to facilities in China.

Reforms in information processPromoting greater efficiency in distribution, development, administrative, and other operationsby rebuilding its information process base.

Staffing ReformsImplementing a comprehensive personnel expense reduction program including suchmeasures as the introduction of a voluntary early retirement scheme and the reevaluationof current pension and retirement allowance systems.

Measures to realize cost reductionIncreasing processing charge efficiency, promoting greater use of standardized componentsand lowering the procurement costs by shifting mass production bases to facilities in China.

Reforms in information processPromoting greater efficiency in distribution, development, administrative, and other operationsby rebuilding its information process base.

Staffing ReformsImplementing a comprehensive personnel expense reduction program including suchmeasures as the introduction of a voluntary early retirement scheme and the reevaluationof current pension and retirement allowance systems.

Comprehensive Structural Reforms Throughout OperationsComprehensive Structural Reforms Throughout Operations

1515

400.0

600.0

800.0

Change in Revenue for the three months ended Dec. 31, 2004.Change in Revenue for the three months ended Dec. 31, 2004.

Volumes andVolumes andnew consolidation:new consolidation:

+16.0+16.0

ForeignForeignexchange:exchange:

+2.5+2.5

Product mix andProduct mix andprice changes:price changes:

--21.021.0

YoYYoY: : --2.7 2.7 642.7642.7640.0640.0

FY2004 3QFY2004 3Q FY2005 3QFY2005 3Q


Reference Data 1Reference Data 1

1616

%%

OverseasOverseas

++9.79.779.379.312.3%12.3%87.087.013.6%13.6%Asia & OthersAsia & Others(1.1)(1.1)317.6317.649.4%49.4%314.1314.149.1%49.1%SubtotalSubtotal

AmountAmountRatioRatioAmountAmountRatioRatio

(0.4)(0.4)642.7642.7100.0%100.0%640.0640.0100.0%100.0%Consolidated TotalConsolidated Total

(2.8)(2.8)93.393.314.5%14.5%90.690.614.2%14.2%EuropeEurope(5.9)(5.9)145.0145.022.6%22.6%136.5136.521.3%21.3%The AmericasThe Americas++0.30.3325.1325.150.6%50.6%325.9325.950.9%50.9%DomesticDomestic

ChangeChangeThree months endedThree months ended

Dec. 31, 2003Dec. 31, 2003Three months endedThree months ended

Dec. 31, 2004Dec. 31, 2004

Domestic and Overseas RevenueDomestic and Overseas Revenuefor the three months ended Dec. 31, 2004.for the three months ended Dec. 31, 2004.


YoYYoY: +0.3%: +0.3%

YoYYoY: +9.7%: +9.7%

YoYYoY: : --2.8%2.8% Domestic:Europe:

Asia and Others:

YoYYoY: : --5.9%5.9%The Americas:


1717

Geographic InformationGeographic Informationfor the three months ended Dec. 31, 2004.for the three months ended Dec. 31, 2004.



Revenue Revenue Operating IncomeOperating Income






++52.252.2+8.6+8.6

++32.432.4+0.4+0.4

62.162.15.15.18.2%8.2%

94.594.55.55.55.9%5.9%

Asia and Asia and OthersOthers

((1.5)1.5)(41.5)(41.5)

((1.1)1.1)(1.7)(1.7)

75.475.44.24.25.6%5.6%

74.374.32.52.53.4%3.4%

EuropeEurope

%%

ChangeChange

642.7642.752.952.9

((108.2)108.2)0.20.2

124.8124.82.62.6

488.6488.640.840.8

8.2%8.2%

2.1%2.1%

8.3%8.3%

Three months Three months endedended

Dec. 31, 2003Dec. 31, 2003

0.00.0(17.0)(17.0)

++0.20.2(7.0)(7.0)

488.8488.833.833.86.9%6.9%

JapanJapan

((6.0)6.0)--

((7.5)7.5)(4.5)(4.5)

117.3117.3(1.9)(1.9)(1.7%)(1.7%)

The AmericasThe Americas

((0.4)0.4)(17.7)(17.7)

----

((2.7)2.7)(9.3)(9.3)

((26.7)26.7)+3.5+3.5

AmountAmount

640.0640.043.643.6

((134.9)134.9)3.73.7

6.8%6.8%Consolidated Consolidated TotalTotal

EliminationsEliminations

Three months Three months endedended

Dec. 31, 2004Dec. 31, 2004

1818

617.9 595.6

48.4

13.7

0.0

200.0

400.0

600.0

800.0

FY2004-3Q FY2005-3Q0.0

25.0

50.0

75.0

100.0

Revenue Operating income


7.8%7.8%

YoYYoY: : --71.7%71.7%

YoYYoY: : --3.6%3.6%

2.3%2.3%



Breakdown of RevenueBreakdown of RevenueRevenueRevenue* * /Operating Income/Operating IncomeImaging Solutions Imaging Solutions (For the nine months ended Dec. 31, 2004)(For the nine months ended Dec. 31, 2004)

YoYYoY: : --18%18%

YoYYoY: +6%: +6%YoYYoY: : --4%4%

YoYYoY: slightly increased: slightly increased


Color Filmsand Others:

21%

Electronic Imaging:

25%Color Paperand Chemicals:

17%

PhotofinishingEquipment:

12%

Labs andFDi services:

20%


1919

563.2564.3

54.6 52.0

0.0

200.0

400.0

600.0

800.0

FY2004-3Q FY2005-3Q0.0

25.0

50.0

75.0

100.0


9.6%9.6%YoYYoY: : --4.8%4.8%

YoYYoY: : --0.2%0.2%

9.2%9.2%




YoYYoY: : --3%3%YoYYoY: +50%: +50%

YoYYoY: : --12%12%

YoYYoY: : --5%5%

Graphic Arts:29%

Medical Imaging:

27%

Flat PanelDisplay Materials:

14%

Office & Industry:12%

RecordingMedia: 14%

YoYYoY: +3%: +3%



Information Solutions Information Solutions (For the nine months ended Dec. 31, 2004)(For the nine months ended Dec. 31, 2004)

2020

734.2720.3

79.3

43.6

0.0

200.0

400.0

600.0

800.0

FY2004-3Q FY2005-3Q0.0

25.0

50.0

75.0

100.0


6.0%6.0%

10.7%10.7%YoYYoY: +81.9%: +81.9%

YoYYoY: +1.9%: +1.9%





Office Products:53%YoYYoY: +8%: +8%

Office Printers:15%


Production Services:

10%

YoYYoY: +41%: +41%

Office Services:5%



Document Solutions Document Solutions (For the nine months ended Dec. 31, 2004)(For the nine months ended Dec. 31, 2004)

2121

Capital Expenditure, Depreciation, and R&D ExpensesCapital Expenditure, Depreciation, and R&D Expenses



43.443.46.8%6.8%

33.033.0

44.344.3

15.915.912.612.615.815.8

33.733.7

8.48.419.419.4

5.95.9

33QQ

40.140.16.3%6.3%

33.433.4

46.646.6

16.316.315.715.714.614.6

30.230.2

4.54.517.817.8

7.97.9

33QQ

Year ending March 2005Year ending March 2005

173.3173.36.7%6.7%

124.6124.6

172.6172.6

59.459.454.954.958.358.3

160.7160.7

49.149.182.782.728.928.9

180.0180.06.9%6.9%

125.0125.0

--

------

165.0165.0

------

((Estimated)Estimated)

92.192.194.094.0DepreciationDepreciation

Imaging SolutionsImaging SolutionsInformation SolutionsInformation SolutionsDocument SolutionsDocument Solutions

127.9127.9131.7131.7Depreciation and AmortizationDepreciation and Amortization

Imaging SolutionsImaging SolutionsInformation SolutionsInformation SolutionsDocument SolutionsDocument Solutions

110.2110.2101.4101.4Capital ExpenditureCapital Expenditure

129.3129.36.8%6.8%

126.5126.56.7%6.7%

R&D ExpensesR&D ExpensesRatio of R&D Expenses to RevenueRatio of R&D Expenses to Revenue

9 9 monthsmonths

46.646.642.742.742.442.4

30.630.650.150.120.720.7

9 9 monthsmonths

44.944.940.340.342.742.7

35.735.759.659.614.914.9

Year ended March 2004Year ended March 2004

Note: Figures do not include amounts for rental equipment handleNote: Figures do not include amounts for rental equipment handled by the Document Solutions d by the Document Solutions segment.segment.

((Note)Note)

((Note)Note)

2222

75,12675,1268,9828,982

As ofAs ofDec. 31, 2004Dec. 31, 2004

As ofAs ofDec. 31, 2003Dec. 31, 2003

As ofAs ofMar. 31, 2004Mar. 31, 2004

73,16473,1649,3639,363

73,59073,590ConsolidatedConsolidated9,4179,417NonNon--ConsolidatedConsolidated

Exchange RatesExchange Rates


Number of EmployeesNumber of Employees

¥¥132132¥¥115115

¥¥134134¥¥109109

9 9 monthsmonths

¥¥132132¥¥113113

33QQ9 9 monthsmonths

¥¥133133¥¥11811822QQ

¥¥132132¥¥109109

Estimat edEstimat ed

¥¥ 137137¥¥ 10610633QQ

¥¥130130¥¥109109

11QQ

¥¥134134¥¥11011022QQ11QQ

¥¥132132¥¥110110

Year ending Mar. 31, 2005Year ending Mar. 31, 2005

¥¥133133EuroEuro

¥¥119119US$US$

Year ended Mar. 31, 2004Year ended Mar. 31, 2004

FUJI PHOTO FILM CO., LTD.IR OFFICE, CORPORATE COMMUNICATIONS DIV.

http://home.fujifilm.com/

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Fiscal 2005 3rd Quarter Earnings · 2020-04-20 · Fiscal 2005 3rd Quarter Earnings FUJI PHOTO FILM CO., LTD. January 31, 2005 FORWARD-LOOKING STATEMENTS This document contains projections