Hi Beni
as it is the internet is a fantastic way to get informations about anything. There is the annual Report of Fujifilmholdings 2011 online
http://www.fujifilmholdings.com/en/pdf/investors/annual_report/ff_ar_2011_all.pdf (
There you will see that they had a substantial growth in their Business in China in 2011 which has compensated for the dramatic losses in 2009 and 2010. it also shows that the document and information solutions parts of the company where significantly more stable than the photo section.
(this was where Kodak took most of it´s losses !)
The guy to ask about the relationship with Hasselblad is probably Takeshi Higuchi , the Director of the Fujinon operation who make the lenses.
about the imaging part - see page 98
"
Imaging Solutions Segment
Because of market shrinkage which was accelerated by the worldwide economic recessions, the
Company implemented the consolidation and shut down of photo-finishing laboratories and terminated
redundant manufacturing lines to further streamline marketing, development and manufacturing
functions. The Company has also implemented workforce reduction programs, disposals of
inventories by means of consolidations and discontinuations of product lines, and other restructuring
activities in domestic and foreign subsidiaries to reduce fixed costs. As a result of the above
activities, the earnings forecast for future periods was revised and impairment charges of ¥30,298
million were recognized in the year ended March 31, 2010, on property, plant and equipment such
as manufacturing facilities, amortizable intangible assets and other assets in domestic and foreign
subsidiaries. ....."
Very interesting document, I have to admit I don´t have the time to read this all, but they seem to be by far more centered and organized as well as having a vision than Kodak did have any of this during the last years.
Maybe an Asian thing to withstand when times get rugged.
Chappeau Fuji, so we will see them as global players for some more time I guess. Oh- again-no word on Hasselblad in this whole Business report.
regards
Stefan