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FUJIFILM Holdings (4901) investor relations material

FUJIFILM Holdings Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary6 Nov, 2025

Executive summary

  • Achieved record highs in revenue, operating income, and net income for Q2 and H1 FY2025, driven by strong performance across all segments, especially Healthcare, Imaging, and bio CDMO.

  • Consolidated H1 FY2025 revenue rose 3.8% YoY to ¥1,572.4 billion, with overseas revenue accounting for 65% of total revenue and notable growth in the Americas and Europe.

  • Upward revision of full-year revenue forecast to ¥3,300.0 billion, with operating and net income forecasts unchanged.

  • Initiatives in growth domains include medical systems expansion in Africa, new Bio CDMO facilities in the US, and leadership in semiconductor materials.

  • Operating income increased 16.9% YoY to ¥158.5 billion, and net income attributable to shareholders rose 9.0% to ¥120.2 billion.

Financial highlights

  • Q2 FY2025 revenue: ¥822.9 billion (+7.5% YoY); operating income: ¥83.2 billion (+13.3% YoY); net income: ¥66.5 billion (+34.1% YoY).

  • H1 FY2025 revenue: ¥1,572.4 billion (+3.8% YoY); operating income: ¥158.5 billion (+16.9% YoY); net income: ¥120.2 billion (+9.0% YoY).

  • Gross profit for H1: ¥645.3 billion, gross margin 41.0%.

  • EPS for Q2: ¥55.15 (+¥13.98 YoY); H1: ¥99.79 (+¥8.18 YoY).

  • Annual dividend planned at 70 yen per share, marking 16 consecutive years of increases.

Outlook and guidance

  • FY2025 revenue forecast revised upward to ¥3,300.0 billion (+3.3% YoY); operating income forecast at ¥331.0 billion; net income at ¥262.0 billion.

  • Imaging segment drives upward revision; Healthcare and Business Innovation forecasts lowered due to higher costs, offset by Imaging gains.

  • Projected net income per share for the year is ¥217.38.

  • Exchange rate assumptions: ¥145/USD and ¥162/Euro.

  • Bio CDMO EBITDA margin expected in mid-teens % for full year, with robust large-scale facility operations.

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Frequently asked questions

FUJIFILM Holdings Corporation, commonly known as Fujifilm, is a diversified multinational conglomerate with a focus on imaging, healthcare, and material solutions. The company's heritage dates back to its establishment in 1934 as Fuji Photo Film Co., Ltd., with a primary aim of producing photographic films. Over the decades, Fujifilm has significantly expanded its portfolio and market presence, venturing into digital imaging, medical diagnostics, biotechnology, and materials science. It provides a wide range of products and services across various sectors, including document solutions like office printers, healthcare products such as diagnostic imaging systems, and materials for flat panel displays and recording media. The company is headquartered in Minato-Ku, Tokyo, Japan, and its shares are listed on the Tokyo Stock Exchange.

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