The latest financial results from Fujifilm, Panasonic and Kodak

Fuji's fiscal year 2020 financial results (April 1, 2019 – March 31, 2020) are out:

  • In the Imaging Solutions segment, consolidated revenue amounted to ¥332.6 billion (down 14.0% from the previous fiscal year).
    Consolidated operating income amounted to ¥25.1 billion (down 51.0% from the previous fiscal year).
  • In the photo imaging business, revenue decreased due to a decline in demand for color paper and the spread of the COVID-19 pandemic.
  • In the electronic imaging field of the optical device and electronic imaging business, sales decreased due to the decline in sales of entry-level digital cameras and the spread of the COVID-19 epidemic.
  • In the optical device field, sales decreased mainly due to a decline in demand for various industrial use lenses including vehicle-mounted lenses, affected by the slowdown in the Chinese economy.

Panasonic announced their financial results for the 2020 fiscal year (ended March 31, 2020):

Eastman Kodak reported financial results for the first quarter 2020, including consolidated revenues of $267 million:

  • Consolidated revenues for Q1 2020 of $267 million.
  • GAAP net loss of $111 million for the quarter ended March 31, 2020.
    • Current quarter net loss includes expense of $167 million related to the increase in deferred tax valuation allowances for locations outside the U.S. and income of $53 million related to the change in fair value of embedded derivatives in the Series A Preferred Stock and Convertible Notes.
  • Operational EBITDA for the quarter of negative $8 million.
  • The company ended the quarter with a cash balance of $209 million.

Get 15% off Topaz Labs products with code RUMORS15
Get $10 off Skylum Luminar with code NIKONRUMORS
Get 20% off ON1 software with code NIKONRUMORS
Get 40% off Rocky Nook books with code NIKONRUMORS
Get 35% off Franzis products with code NIKONRUMORS-35
Get 75% off Franzis Photographer’s Collection II:

This entry was posted in Fuji, Kodak and tagged . Bookmark the permalink. Trackbacks are closed, but you can post a comment.
  • FCC disclosure statement: this post may contain affiliate links or promotions that do not cost readers anything but help keep this website alive. As an Amazon Associate, I earn from qualifying purchases. When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network. Thanks for your support!

  • Back to top