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Fuji Photo Profits Fall by 22%
Fuji Photo are the latest digital camera company to announce a fall in profits - a 22% decrease in the last 3 months to be precise - joining the likes of Olympus, Kodak, Sanyo and Sony. Weak sales of color photo film and digital cameras, especially in North America, were to blame. “The difficulty we have in North America is that we can’t do much face-to-face sales to explain our products’ sales points. But we are thinking of expanding our customer targets to more high-end users who purchase cameras at camera specialty stores,” said Chief Financial Officer Toshio Takahashi.
Website: Reuters - Fuji Photo profit down on digital cameras, film
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