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FUJIFILM Holdings fiscal Q2 profit falls YOY

FUJIFILM Holdings Corp. said its normalized net income for the fiscal second quarter ended Sept. 30 amounted to ¥41.42 per share, a decrease of 16.4% from ¥49.55 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥19.51 billion, a decrease of 18.5% from ¥23.95 billion in the year-earlier period.

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

Total revenue climbed on an annual basis to ¥628.93 billion from ¥615.54 billion, and total operating expenses rose on an annual basis to ¥585.11 billion from ¥574.62 billion.

Reported net income decreased 10.1% year over year to ¥22.64 billion, or ¥46.36 per share, from ¥25.19 billion, or ¥51.11 per share.

As of Nov. 13, US$1 was equivalent to ¥122.78.