Fuji = making money

Jul 21, 2010
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ahsanford said:
Fuji had a very good quarter. A good deal of this appears to be due to Instax sales, but still there is a good 15% uptick in digital as well.

I actually mentioned this earlier today, after going directly to the Fuji IR site – I didn't notice that the earnings release was so fresh.

Electronic Imaging comprises their APS-C and medium format mirrorless, and the y/y revenue growth for that segment was close to 40%. Having said that, the y/y value of all manufacturer MILC shipments from 2016 to 2017 was actually 48%, so Fuji might actually be a bit behind the curve (but note that Fuji's fiscal year isn't the calendar year, it's Apr-Mar as is Nikon's, while for Canon CY=FY).
 
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Jul 21, 2010
31,098
12,860
ahsanford said:
Neuro — so you’re saying even these ILC numbers are almost market-lagging? Wow if so.

Yes, Fuji is behind the MILC market overall. But as CRguy states, 2017 growth is —in part— a correction from 2016 where sensor production fell due to the earthquake.

Also, the ~48% total value growth with only ~25% unit increase indicates a shift to higher-priced models.
 
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