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FUJIFILM Holdings fiscal Q1 profit climbs 9.1% YOY

FUJIFILM Holdings Corp. said its normalized net income for the fiscal first quarter ended June 30 came to ¥30.65 per share, an increase of 9.0% from ¥28.12 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥14.82 billion, an increase of 9.1% from ¥13.58 billion in the year-earlier period.

The normalized profit margin rose to 2.7% from 2.4% in the year-earlier period.

Total revenue fell year over year to ¥556.12 billion from ¥568.74 billion, and total operating expenses decreased on an annual basis to ¥526.95 billion from ¥543.62 billion.

Reported net income rose year over year to ¥15.37 billion, or ¥28.69 per share, from ¥14.95 billion, or ¥30.95 per share.

As of Aug. 14, US$1 was equivalent to ¥102.44.