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FUJIFILM Holdings fiscal Q2 profit climbs 38.0% YOY

FUJIFILM Holdings Corp. said its normalized net income for the fiscal second quarter ended Sept. 30 amounted to ¥54.54 per share, a gain of 41.2% from ¥38.61 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥23.96 billion, a gain of 38.0% from ¥17.36 billion in the prior-year period.

The normalized profit margin rose to 3.9% from 3.1% in the year-earlier period.

Total revenue increased 8.6% year over year to ¥616.45 billion from ¥567.77 billion, and total operating expenses rose 8.8% from the prior-year period to ¥576.41 billion from ¥529.92 billion.

Reported net income increased 21.0% year over year to ¥27.09 billion, or ¥61.67 per share, from ¥22.39 billion, or ¥49.81 per share.

As of Nov. 14, US$1 was equivalent to ¥113.32.