Fujifilm Holdings Corp. said that its group operating profit will likely fall 2.6% on the year to 110 billion yen (US$1.222 billion), down 12% also from its previous forecast, on the total sales of 2.21 trillion yen (US$24.55 billion), almost similar to the previous forecast and the total sales in FY11.
According to the company, the overall demand for compact digital cameras in the 4th quarter of 2011 was down 33% year-on-year. Sales of office equipment to Xerox of the United States as well as other multi-function machines to customers in Australia and Asian markets including Korea and China were also slow.