FUJIFILM, Pretax Income Forecast for the Fiscal Year Revised Upward by 1%, Raises Record High Profit Forecast

Thu Feb 5, 2026 2:00 pm JST

FUJIFILM Holdings Corporation <4901> [TSE Prime] announced its financial results (based on US-GAAP) in the afternoon session on February 5th (14:00). The consolidated pretax income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 10.6% from the same period last year, reaching 262 billion yen.

In addition, the full-year forecast for consolidated pretax income has been revised upward 1.2%, from the previous forecast of 343 billion yen to 347 billion yen (compared to 340 billion yen in the previous period), increasing the growth rate from 0.7% to 1.9%, further surpassing the previous forecast of record-high profits for six consecutive terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated pretax income for the October to March period (second half) has been revised upward 2.2%, from the previous forecast of 181 billion yen to 185 billion yen (compared to 200 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 9.5% to 7.5%.

In the most recent three-month period, from October to December (3Q), the consolidated pretax income grew 3.6% from the same period last year, reaching 100 billion yen. However, the operating profit margin decreased from 10.8% in the same period last year to 10.5%.

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Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Dec, 2023	2,155,411	204,927	229,664	173,760	144.4	72.4	Feb 8, 2024	US-GAAP
Apr - Dec, 2024	2,327,519	223,279	237,147	181,539	150.8	69.6	Feb 6, 2025	US-GAAP
Apr - Dec, 2025	2,429,717	248,451	262,190	193,375	160.5	75.6	Feb 5, 2026	US-GAAP
YoY	+4.4%	+11.3%	+10.6%	+6.5%	+6.5%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2025 Prev	1,727,637	172,514	181,086	141,768	117.6	35	Nov 6, 2025	US-GAAP
Oct - Mar, 2025 New	1,727,637	176,514	185,086	144,268	119.7	35	Feb 5, 2026	US-GAAP
Revision Rate	0.0%	+2.3%	+2.2%	+1.8%	+1.8%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2026 Prev	3,300,000	331,000	343,000	262,000	217.4	70	Nov 6, 2025	US-GAAP
Mar, 2026 New	3,300,000	335,000	347,000	264,500	219.5	70	Feb 5, 2026	US-GAAP
Revision Rate	0.0%	+1.2%	+1.2%	+1.0%	+1.0%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2024	1,681,079	194,551	200,200	150,651	125.1	35	May 8, 2025	US-GAAP
Oct - Mar, 2025 Guidance	1,727,637	176,514	185,086	144,268	119.7	35	Feb 5, 2026	US-GAAP
YoY	+2.8%	-9.3%	-7.5%	-4.2%	-4.3%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2024	2,960,916	276,725	317,288	243,509	202.3	50	May 9, 2024	US-GAAP
Mar, 2025	3,195,828	330,155	340,594	260,951	216.7	65	May 8, 2025	US-GAAP
Mar, 2026 Guidance	3,300,000	335,000	347,000	264,500	219.5	70	Feb 5, 2026	US-GAAP
YoY	+3.3%	+1.5%	+1.9%	+1.4%	+1.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2024	812,770	87,675	96,753	71,239	59.2	10.8	Feb 6, 2025	US-GAAP
Jan - Mar, 2025	868,309	106,876	103,447	79,412	65.9	12.3	May 8, 2025	US-GAAP
Apr - Jun, 2025	749,482	75,291	71,954	53,767	44.6	10.0	Aug 6, 2025	US-GAAP
Jul - Sep, 2025	822,881	83,195	89,960	66,465	55.2	10.1	Nov 6, 2025	US-GAAP
Oct - Dec, 2025	857,354	89,965	100,276	73,143	60.7	10.5	Feb 5, 2026	US-GAAP
YoY	+5.5%	+2.6%	+3.6%	+2.7%	+2.6%