Diversified maker of medical imaging/diagnostics equipment, photographic film/instant cameras, and specialty materials.
Diversified maker of medical imaging/diagnostics equipment, photographic film/instant cameras, and specialty materials.
Reports in four groups, healthcare, electronic materials, business innovation (office equipment) and imaging, so no single product dominates. It took full control of its Xerox-branded office-equipment venture in 2019. Contract manufacturing of biologic drugs for other drugmakers sits inside healthcare.
In one line: A reinvented Kodak that pivoted into healthcare and materials.
Moat: narrow (IP / patents, brand, process know-how). Deep materials-science patent base let it pivot from film into medical imaging and semiconductor materials.
Headquarters: Tokyo, Japan · Founded: 1934 · Employees: 73,526
Size Fujifilm (4901.T) is a Japan Industrials company (Medical Specialties) with a market value of $24.9B, the 70th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,288 on 6 Nov 2026.
Performance Over six months the shares gained 13.8%, against -1.9% for the median peer and +1.8% for the Japan market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 7.4% over the last twelve months (peer median +8.2%); the operating margin is 9.5% (peer median 8.2%).
Valuation It trades at 14.1× forward earnings against a peer median of 12.5× (8th most expensive of 21).
Capital Return on invested capital runs 1.7 points below its cost of capital (6.3% WACC).
Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥3.43T | ¥3.36T | ¥3.20T | ¥2.96T | ¥2.86T |
| Revenue growth | — | +5% | +8% | +4% | — |
| Gross profit | ¥1.38T | ¥1.37T | ¥1.30T | ¥1.19T | ¥1.14T |
| EBITDA | ¥508B | ¥523B | ¥494B | ¥427B | ¥415B |
| Net income | ¥260B | ¥276B | ¥261B | ¥243B | ¥219B |
| Free cash flow | -¥101B | -¥111B | -¥74.6B | -¥10.0B | -¥59.4B |
| Capital expenditure | ¥558B | ¥571B | ¥558B | ¥465B | ¥323B |
| Total debt | ¥1.11T | ¥1.03T | ¥802B | ¥608B | ¥463B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Fujifilm 4901.T | $24.9B | +14% | +7% | 10% | 14.1× | n/a |
| Komatsu 6301.T | $32.2B | -12% | +9% | 13% | 13.1× | 9.5% |
| Siemens Healthineers SHL.DE | $55.9B | +31% | -1% | 15% | 18.9× | 9.0% |
| GE HealthCare GEHC | $37.2B | +30% | +7% | 14% | 15.4× | 4.3% |
| Eastman Kodak KODK | $786M | -30% | +9% | 4% | 11.1× | -14.7% |
Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 4901.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.0% | -8.5% | 7th highest of 21 |
| 6-month return | +13.8% | -1.9% | 3rd highest of 21 |
| Distance from 52-week high | -15.9% | -23.2% | 6th highest of 21 |
| Revenue growth (TTM) | +7.4% | +8.2% | 9th lowest of 21 |
| Operating margin | 9.5% | 8.2% | 10th highest of 21 |
| Forward P/E | 14.1× | 12.5× | 8th most expensive of 21 |
| ROIC minus cost of capital | -1.7 pp | -1.1 pp | 10th lowest of 21 |
| EV / EBITDA | 9.6× | 10.5× | 8th cheapest of 20 |
| Net debt / EBITDA | 1.9× | 1.7× | 9th most indebted of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Fujifilm 4901.T | Japan | $24.9B | +14% | +7% | 10% | 14.1× | n/a | n/a |
| Central Japan Railway 9022.T | Japan | $25.1B | +11% | +5% | 40% | 8.0× | -6.8% | +19.5% |
| Kyocera 6971.T | Japan | $23.4B | +3% | +7% | 6% | 22.5× | 21.3% | +6.3% |
| East Japan Railway 9020.T | Japan | $27.4B | +13% | +9% | 14% | 15.8× | n/a | n/a |
| Smc 6273.T | Japan | $21.9B | -27% | +16% | 24% | 15.9× | 16.2% | +8.8% |
| Fanuc 6954.T | Japan | $31.2B | -23% | +13% | 23% | 22.0× | 16.9% | +9.2% |
| Komatsu 6301.T | Japan | $32.2B | -12% | +9% | 13% | 13.1× | 9.5% | +13.6% |
| Fujikura 5803.T | Japan | $33.0B | -50% | +28% | 19% | 14.3× | 28.9% | +12.9% |
| Secom 9735.T | Japan | $18.8B | +16% | +4% | 13% | 22.7× | -0.3% | +3.9% |
| Kubota 6326.T | Japan | $18.2B | 0% | +13% | 11% | 10.0× | 7.5% | +10.3% |
| Toyota Tsusho 8015.T | Japan | $36.8B | +2% | +25% | 5% | 13.0× | 9.8% | +12.9% |
| Nippon Yusen Kabushiki Kaisha 9101.T | Japan | $16.8B | +17% | 0% | 6% | 9.0× | 7.8% | +8.5% |
| Ihi 7013.T | Japan | $15.4B | -20% | +8% | 10% | 12.7× | 16.7% | +8.1% |
| Daikin Industries 6367.T | Japan | $40.4B | -1% | +11% | 8% | 21.8× | 7.4% | +15.0% |
| Mitsui O.s.k. Lines 9104.T | Japan | $15.0B | +10% | +20% | 6% | 7.3× | n/a | n/a |
| Sumitomo 8053.T | Japan | $47.7B | +9% | +6% | 5% | 11.3× | 15.2% | +9.5% |
| Obayashi 1802.T | Japan | $12.8B | -20% | +5% | 8% | 12.3× | -1.6% | +7.9% |
| Asahi Kasei 3407.T | Japan | $12.6B | -3% | +4% | 8% | 11.3× | 1.9% | +7.9% |
| Marubeni 8002.T | Japan | $49.7B | -22% | +14% | 4% | 12.3× | 17.7% | +5.5% |
| Kajima 1812.T | Japan | $12.5B | -27% | +4% | 8% | 10.8× | -1.9% | +10.0% |
| Nidec 6594.T | Japan | $11.7B | -33% | +4% | -22% | 11.5× | 8.4% | +10.9% |