Fujifilm reports mixed Q1 results with surging operating income

Fujifilm Holdings reported consolidated net sales of 749.5 billion yen for Q1, up just 0.1% year-over-year, but operating income surged 21.1% to 75.3 billion yen. Net income fell 11.5% to 53.8 billion yen due to yen strength against the dollar and euro.

The Healthcare segment's sales dropped 2.9% to 228.5 billion yen, while Imaging sales rose 11.2% to 145.3 billion yen. Operating income increased across both divisions, with Healthcare up 20.7% and Imaging soaring 28.4%.