Fiscal 2005 3 Fiscal 2005 3 rd rd Quarter Earnings Quarter Earnings FUJI PHOTO FILM CO., LTD. FUJI PHOTO FILM CO., LTD. January 31, 2005 January 31, 2005 FORWARD-LOOKING STATEMENTS This document contains projections of performance and other projections, which are made based on judgments regarding currently available information and which encompass potential risks and uncertainties. Accordingly, please be aware that diverse factors may cause actual results to differ materially from projected results. 1 Operating Results for the 9 months ended Dec. 31, 2004 Operating Results for the 9 months ended Dec. 31, 2004 Revenue Revenue (0.5) (0.5) (9.5) (9.5) 1,902.5 1,902.5 100.0% 100.0% 1,893.0 1,893.0 100.0% 100.0% Domestic Domestic Overseas Overseas % Change Change 71.5 71.5 133.5 133.5 146.6 146.6 976.1 976.1 926.4 926.4 ¥115 115 ¥132 132 3.8% 3.8% 7.0% 7.0% 7.7% 7.7% 51.3% 51.3% 48.7% 48.7% Nine months ended Nine months ended Dec. 31, 2003 Dec. 31, 2003 (1.3) (1.3) +0.3 +0.3 (12.6) (12.6) +3.1 +3.1 963.5 963.5 929.5 929.5 50.9% 50.9% 49.1% 49.1% (1.2) (1.2) (1.7) (1.7) 144.9 144.9 7.7% 7.7% Operating Operating Income Income +2.8 2.8 +7.8 +7.8 (¥6) 6) +¥2 +2.0 2.0 +10.4 +10.4 Amount Amount 73.5 73.5 143.9 143.9 3.9% 3.9% Net Income Net Income ¥109 109 ¥134 134 Exchange Rates Exchange Rates US$ US$ Euro Euro 7.6% 7.6% Income before Income before Income Taxes Income Taxes Nine months ended Nine months ended Dec. 31, 2004 Dec. 31, 2004 Performance Summary Performance Summary Billions of yen Billions of yen
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FUJI PHOTO FILM CO., LTD.FUJI PHOTO FILM CO., LTD.January 31, 2005January 31, 2005
FORWARD-LOOKING STATEMENTSThis document contains projections of performance and other projections, which are made based on judgments regarding currently available information and which encompass potential risks and uncertainties. Accordingly, please be aware that diverse factors may cause actual results to differ materially from projected results.
11
Operating Results for the 9 months ended Dec. 31, 2004Operating Results for the 9 months ended Dec. 31, 2004
5.9%5.9%Income before Income before Income TaxesIncome Taxes
Three months endedThree months endedDec. 31, 2004Dec. 31, 2004
Performance SummaryPerformance Summary
Billions of yenBillions of yen
Operating Results for the 3 months ended Dec. 31, 2004Operating Results for the 3 months ended Dec. 31, 2004
33
216.2 205.4
18.09.4
0.0
100.0
200.0
300.0
FY2004-3Q FY2005-3Q0.0
10.0
20.0
30.0
40.0
50.0
Revenue Operating income
*After elimination ofintersegment transaction
8.3%8.3%
YoYYoY: : --47.6%47.6%
YoYYoY: : --5.0%5.0%
4.6%4.6%
((Left scale) Left scale) (Right scale)(Right scale)
Billions of yenBillions of yen
Breakdown of RevenueBreakdown of RevenueRevenueRevenue* * /Operating Income/Operating IncomeImaging SolutionsImaging Solutions
Operating Segments Operating Segments
YoYYoY: : --18%18%
YoYYoY: +2%: +2%YoYYoY: : --3%3%
YoYYoY: : --5%5%
YoYYoY:same level:same level
Color Filmsand Others:
20%
Electronic Imaging:
30%Color Paper
and Chemicals:17%
PhotofinishingEquipment:
9%
Labs andFDi services:
22%
Performance for the 3 monthsPerformance for the 3 monthsended Dec. 31, 2004ended Dec. 31, 2004
44
Color Films and OthersColor Films and OthersRatio of Revenue:20%Ratio of Revenue:20%YoYYoY: : --18%18%
Domestic sales volume declined approximately 25% YoY, and overseas sales volume wasdown approximately 20%.To stimulate demand in the Christmas season, Fujifilm augmented TV commercialspromoting its QuickSnap Smart Flash, one-time-use recyclable camera.
Domestic sales volume declined approximately 25% YoY, and overseas sales volume wasdown approximately 20%.To stimulate demand in the Christmas season, Fujifilm augmented TV commercialspromoting its QuickSnap Smart Flash, one-time-use recyclable camera.
23.023.0X15.5mmX15.5mmSuper CCD SR IISuper CCD SR II
Electronic ImagingElectronic Imaging Ratio of Revenue: 30%Ratio of Revenue: 30%YoYYoY: +2%: +2%
Digital camera sales volume in the 3Q is approximately 1.7 million units.(Total sales volume during 1Q-3Q is approximately 4.9 million units.)
The recently launched FinePix S3 Pro digital SLR camera has attracted many inquiriesfrom prospective purchasers.Aiming to increase the profit generating capability of its electronic imaging operations,Fujifilm has renovated its related R&D, procurement, and manufacturing systems.
Digital camera sales volume in the 3Q is approximately 1.7 million units.(Total sales volume during 1Q-3Q is approximately 4.9 million units.)
The recently launched FinePix S3 Pro digital SLR camera has attracted many inquiriesfrom prospective purchasers.Aiming to increase the profit generating capability of its electronic imaging operations,Fujifilm has renovated its related R&D, procurement, and manufacturing systems.
Operating Segments Operating Segments Performance for the 3 monthsPerformance for the 3 monthsended Dec. 31, 2004ended Dec. 31, 2004
55
Color Paper and ChemicalsColor Paper and ChemicalsDomestic sales were down 6% YoY on a volume basis, while factors that includedthe growing market diffusion of digital minilabs boosted overseas sales volumes by 3%.The share of digital camera prints among all prints has been continuously rising in Japan.Fujifilm launched the Pivi mobile printer in Japan, and has strongly promoted this productthrough a large volume of TV commercials.
Domestic sales were down 6% YoY on a volume basis, while factors that includedthe growing market diffusion of digital minilabs boosted overseas sales volumes by 3%.The share of digital camera prints among all prints has been continuously rising in Japan.Fujifilm launched the Pivi mobile printer in Japan, and has strongly promoted this productthrough a large volume of TV commercials.
Ratio of Revenue:17%Ratio of Revenue:17%YoYYoY: : --3%3%
Photofinishing EquipmentPhotofinishing EquipmentDigital minilab sales volume during the FY 2005 has reached 5.9 thousand units.Fujfilm has begun marketing the Frontier 570, which features super-high-speed digitalprocessing capacity.
Digital minilab sales volume during the FY 2005 has reached 5.9 thousand units.Fujfilm has begun marketing the Frontier 570, which features super-high-speed digitalprocessing capacity.
Ratio of Revenue: 9%Ratio of Revenue: 9%YoYYoY: : --5%5%
Mobile Printer Mobile Printer ““PiviPivi”” Frontier 570 Digital Frontier 570 Digital minilabminilab
Operating Segments Operating Segments Performance for the 3 monthsPerformance for the 3 monthsended Dec. 31, 2004ended Dec. 31, 2004
66
187.6187.7
20.3 15.2
0.0
100.0
200.0
300.0
FY2004-3Q FY2005-3Q0.0
10.0
20.0
30.0
40.0
50.0
Revenue Operating Income
Information SolutionsInformation Solutions
10.8%10.8%YoYYoY: : --25.2%25.2%
YoYYoY: : --0.1%0.1%
8.1%8.1%
((Left scale) Left scale) (Right scale)(Right scale)
Billions of yenBillions of yen
Breakdown of RevenueBreakdown of RevenueRevenueRevenue* * /Operating Income/Operating Income
YoYYoY: +3%: +3%YoYYoY: +35%: +35%
YoYYoY: : --11%11%
YoYYoY: : --6%6%
Graphic Arts:29%
Medical Imaging:
25%
Flat PanelDisplay Materials:
14%
Office & Industry:12%
RecordingMedia: 15%
YoYYoY: +3%: +3%
*After elimination ofintersegment transaction
Operating Segments Operating Segments Performance for the 3 monthsPerformance for the 3 monthsended Dec. 31, 2004ended Dec. 31, 2004
77
Medical Imaging ProductsMedical Imaging Products Ratio of Revenue: 25%Ratio of Revenue: 25%YoYYoY: +3%: +3%
Sales of the FCR (Fuji Computed Radiography) line of digital X-ray diagnostic systemsremained firm.Fujifilm has begun marketing EX-series versions of its SYNAPSE medical-use picture archivingand communications system to medium- and small-scale medical facilities in Japan.Aiming to strengthen its European endoscope marketing network, Fujifilm has set up anadditional marketing office in the Czech Republic.
Sales of the FCR (Fuji Computed Radiography) line of digital X-ray diagnostic systemsremained firm.Fujifilm has begun marketing EX-series versions of its SYNAPSE medical-use picture archivingand communications system to medium- and small-scale medical facilities in Japan.Aiming to strengthen its European endoscope marketing network, Fujifilm has set up anadditional marketing office in the Czech Republic.
Graphic Arts System ProductsGraphic Arts System Products Ratio of Revenue: 29%Ratio of Revenue: 29%YoYYoY: +3%: +3%
Sales of graphic arts system products were robust, reflecting a continued rise in the Company'sCTP-related product sales.A new photopolymer CTP manufacturing facility is scheduled to begin operatingin the Netherlands in April 2005.
Sales of graphic arts system products were robust, reflecting a continued rise in the Company'sCTP-related product sales.A new photopolymer CTP manufacturing facility is scheduled to begin operatingin the Netherlands in April 2005.
A new photopolymer CTP A new photopolymer CTP manufacturing facility ismanufacturing facility isscheduled to begin scheduled to begin operating in the Netherlands, operating in the Netherlands, in April 2005.in April 2005.
The DoubleThe Double--balloon method balloon method ElectronicElectronic EnteroscopyEnteroscopy system, system, winning 2004 Nikkei Superior winning 2004 Nikkei Superior Products and Services Awards Products and Services Awards Nikkei Business Daily Awards Nikkei Business Daily Awards for Excellence.for Excellence.
Operating Segments Operating Segments Performance for the 3 monthsPerformance for the 3 monthsended Dec. 31, 2004ended Dec. 31, 2004
88
Flat Panel Display MaterialsFlat Panel Display Materials Ratio of Revenue: 14%Ratio of Revenue: 14%YoYYoY: +35%: +35%
While market inventories of polarizing plates and LCD panels are estimated to be rising,demand for FUJITAC and WV Film remains strong.Fujifilm has obtained a site in Kumamoto Prefecture for an additional FUJITAC manufacturingfacility, which is scheduled to begin operating at the end of 2006.Construction of 3 new plants for manufacturing WV Film is under way.[Manufacturing Capacity of WV Film] August 2005: 70million m2/ Year (+20 million m2)
June 2006 : 90million m2/ Year (+20 million m2)
While market inventories of polarizing plates and LCD panels are estimated to be rising,demand for FUJITAC and WV Film remains strong.Fujifilm has obtained a site in Kumamoto Prefecture for an additional FUJITAC manufacturingfacility, which is scheduled to begin operating at the end of 2006.Construction of 3 new plants for manufacturing WV Film is under way.[Manufacturing Capacity of WV Film] August 2005: 70million m2/ Year (+20 million m2)
June 2006 : 90million m2/ Year (+20 million m2)
Recording MediaRecording Media Ratio of Revenue: 15%Ratio of Revenue: 15%YoYYoY: : --11%11%
Sales of data cartridges for Enterprise Tape Drive 3592 were firm.Sales of the 3rd generation LTO Ultrium 3 began in October 2004
Sales of data cartridges for Enterprise Tape Drive 3592 were firm.Sales of the 3rd generation LTO Ultrium 3 began in October 2004
Office & IndustryOffice & IndustrySales of lens businesses were up due to the increased supplies of lens units for camera phones.The AR1000 document archiving system has been launched in Japan.
Sales of lens businesses were up due to the increased supplies of lens units for camera phones.The AR1000 document archiving system has been launched in Japan.
Ratio of Revenue: 12%Ratio of Revenue: 12%YoYYoY: : --6%6%
*LTO and Ultrium are trademarks of Certance, HP and IBM in the United States and other countries or both.
Operating Segments Operating Segments Performance for the 3 monthsPerformance for the 3 monthsended Dec. 31, 2004ended Dec. 31, 2004
99
247.0238.8
18.9
14.7
0.0
100.0
200.0
300.0
FY2004-3Q FY2005-3Q0.0
10.0
20.0
30.0
40.0
50.0
Revenue Operating Income
6.1%6.1%
7.6%7.6%YoYYoY: +28.7%: +28.7%
YoYYoY: +3.4%: +3.4%
((Left scale) Left scale) (Right scale)(Right scale)
Billions of yenBillions of yen
Document SolutionsDocument SolutionsBreakdown of RevenueBreakdown of RevenueRevenueRevenue* * /Operating Income/Operating Income
YoYYoY: same level: same level
Office Products:52%YoYYoY: +15%: +15%
Office Printers:17%
YoYYoY: same level: same level
Production Services:
11%
YoYYoY: +50%: +50%
Office Services:6%
*After elimination ofintersegment transaction
Operating Segments Operating Segments Performance for the 3 monthsPerformance for the 3 monthsended Dec. 31, 2004ended Dec. 31, 2004
1010
Office ProductsOffice Products Ratio of Revenue: 52%Ratio of Revenue: 52%YoYYoY: same level: same level
Sales of digital color multifunction machines continued strong, with unit sales posting gainsof approximately 30% YoY in Japan and 15% worldwide.Seven-Eleven Japan Co., Ltd. and Fuji Xerox Co., Ltd. started installing new multi-use copymachines in Seven-Eleven Japan stores from October 2004.Sales of the Apeos series, which features stronger network access capabilities, began inJanuary 2005.
Sales of digital color multifunction machines continued strong, with unit sales posting gainsof approximately 30% YoY in Japan and 15% worldwide.Seven-Eleven Japan Co., Ltd. and Fuji Xerox Co., Ltd. started installing new multi-use copymachines in Seven-Eleven Japan stores from October 2004.Sales of the Apeos series, which features stronger network access capabilities, began inJanuary 2005.
Office PrintersOffice PrintersIn terms of sales volume, exports to North America and Europe were up approximately120% YoY, and sales in the Asia/Oceania region rose roughly 130%. Sales volume in Japanwas up approximately 10%, and worldwide sales grew about 60%.
In terms of sales volume, exports to North America and Europe were up approximately120% YoY, and sales in the Asia/Oceania region rose roughly 130%. Sales volume in Japanwas up approximately 10%, and worldwide sales grew about 60%.
Ratio of Revenue: 17%Ratio of Revenue: 17%YoYYoY: +15%: +15%
Multifunction Machine Series “ApeosPort”Launched in January, 2005
Monocrome Multifunction MachineApeosPort 750 I/650 I/550 I
Color Multifunction MachineApeosPort C6550 I/C5540 I
Operating Segments Operating Segments Performance for the 3 monthsPerformance for the 3 monthsended Dec. 31, 2004ended Dec. 31, 2004
1111
Xerox iGen3 Digital Production Press
Production ServicesProduction ServicesRatio of Revenue: 11%Ratio of Revenue: 11%YoYYoY: same level: same level
Office ServicesOffice Services Ratio of Revenue: 6%Ratio of Revenue: 6%YoYYoY: +50%: +50%
Full-scale marketing has begun of the Xerox iGen3, which is a high-speed, high-precision,full-color on-demand printing system.Sales have begun of the Fuji Xerox FreeFlow service, which provides comprehensive supportfor digital printing operations.
Full-scale marketing has begun of the Xerox iGen3, which is a high-speed, high-precision,full-color on-demand printing system.Sales have begun of the Fuji Xerox FreeFlow service, which provides comprehensive supportfor digital printing operations.
DocuColor 8000 Digital Press
Document outsourcing business is increasing.Sales of Internet-based “beat” services for medium and small sized business offices were up.Sales have been strong of a new electronic document management system for theadministration of the family register.
Document outsourcing business is increasing.Sales of Internet-based “beat” services for medium and small sized business offices were up.Sales have been strong of a new electronic document management system for theadministration of the family register.
Operating Segments Operating Segments Performance for the 3 monthsPerformance for the 3 monthsended Dec. 31, 2004ended Dec. 31, 2004
1212
ChangeChange
++0.20.2+0.2+0.282.382.33.2%3.2%82.582.53.2%3.2%Net IncomeNet Income
((11.3)11.3)((20.9)20.9)164.0164.06.3%6.3%Operating IncomeOperating Income
((3.0)3.0)(4.9)(4.9)
AmountAmount
160.0160.06.1%6.1%Income before Income before
Income TaxesIncome Taxes
Year endingYear endingMarch 31, 2005March 31, 2005
OutlookOutlook
Outlook For the FY2005Outlook For the FY2005
Outlook for the year ending March 31, 2005.Outlook for the year ending March 31, 2005. Billions of yenBillions of yen
1313
Building New Growth StrategiesBuilding New Growth Strategies——Creating New Businesses Expected to Become the Pillars of Creating New Businesses Expected to Become the Pillars of FujifilmFujifilm’’s s Future OperationsFuture Operations——
M&A Activities and Corporate Alliances
Implementation of VISION 75 (1)Implementation of VISION 75 (1)
R&D Efforts and Results
Construction of Advanced Core Technology Laboratories in Kaisei-machi, Kanagawa.The new facility will synergistically integrate expertise from various fields to promotethe development of highly innovative basic technologies that enable the creation ofnew businesses.
Total Investment: ¥46.0 billion (aggregate investment over five years)Scheduled date of completion: Spring in 2006
Construction of Advanced Core Technology Laboratories in Kaisei-machi, Kanagawa.The new facility will synergistically integrate expertise from various fields to promotethe development of highly innovative basic technologies that enable the creation ofnew businesses.
Total Investment: ¥46.0 billion (aggregate investment over five years)Scheduled date of completion: Spring in 2006
Acquisition of the Microelectronic Materials division of Arch Chemicals, Inc. Through the acquisition of the Microelectronic Materials division which handles businesses in
semiconductor process materials, Fujifilm aims to globally develop its semiconductor relatedprocess materials business.Acquisition of UK-based ink manufacturer Sericol Group, Limited.
Fujifilm aims to develop and expand its printing businesses through the acquisition of Sericol,which has a leading position in the global markets for screen printing inks and industrialinkjet UV inks.
Acquisition of the Microelectronic Materials division of Arch Chemicals, Inc. Through the acquisition of the Microelectronic Materials division which handles businesses in
semiconductor process materials, Fujifilm aims to globally develop its semiconductor relatedprocess materials business.Acquisition of UK-based ink manufacturer Sericol Group, Limited.
Fujifilm aims to develop and expand its printing businesses through the acquisition of Sericol,which has a leading position in the global markets for screen printing inks and industrialinkjet UV inks.
The first application for use of Kanagawa Prefecture'scorporate relocation incentive program.
The first application for use of Kanagawa Prefecture'scorporate relocation incentive program.
1414
Implementation of VISION 75 (2)Implementation of VISION 75 (2)
FUJIFILM IMAGING Co., Ltd. started operation.Fujifilm has integrated its domestic marketing functions in the imaging field with thoseof its four principal distributors thereby reducing distribution and sales costs.
FUJIFILM IMAGING Co., Ltd. started operation.Fujifilm has integrated its domestic marketing functions in the imaging field with thoseof its four principal distributors thereby reducing distribution and sales costs.
Structural reform of domestic distribution and marketing operations in the Imaging field
Fuji Xerox’s Structural Reforms
Measures to realize cost reductionIncreasing processing charge efficiency, promoting greater use of standardized componentsand lowering the procurement costs by shifting mass production bases to facilities in China.
Reforms in information processPromoting greater efficiency in distribution, development, administrative, and other operationsby rebuilding its information process base.
Staffing ReformsImplementing a comprehensive personnel expense reduction program including suchmeasures as the introduction of a voluntary early retirement scheme and the reevaluationof current pension and retirement allowance systems.
Measures to realize cost reductionIncreasing processing charge efficiency, promoting greater use of standardized componentsand lowering the procurement costs by shifting mass production bases to facilities in China.
Reforms in information processPromoting greater efficiency in distribution, development, administrative, and other operationsby rebuilding its information process base.
Staffing ReformsImplementing a comprehensive personnel expense reduction program including suchmeasures as the introduction of a voluntary early retirement scheme and the reevaluationof current pension and retirement allowance systems.
Comprehensive Structural Reforms Throughout OperationsComprehensive Structural Reforms Throughout Operations
1515
400.0
600.0
800.0
Change in Revenue for the three months ended Dec. 31, 2004.Change in Revenue for the three months ended Dec. 31, 2004.
Domestic and Overseas RevenueDomestic and Overseas Revenuefor the three months ended Dec. 31, 2004.for the three months ended Dec. 31, 2004.
Reference Data 2Reference Data 2
YoYYoY: +0.3%: +0.3%
YoYYoY: +9.7%: +9.7%
YoYYoY: : --2.8%2.8% Domestic:Europe:
Asia and Others:
YoYYoY: : --5.9%5.9%The Americas:
Billions of yenBillions of yen
1717
Geographic InformationGeographic Informationfor the three months ended Dec. 31, 2004.for the three months ended Dec. 31, 2004.
Reference Data 3Reference Data 3
Billions of yenBillions of yen
Revenue Revenue Operating IncomeOperating Income
Revenue Revenue Operating IncomeOperating Income
Revenue Revenue Operating IncomeOperating Income
Revenue Revenue Operating IncomeOperating Income
Revenue Revenue Operating IncomeOperating Income
Revenue Revenue Operating IncomeOperating Income
++52.252.2+8.6+8.6
++32.432.4+0.4+0.4
62.162.15.15.18.2%8.2%
94.594.55.55.55.9%5.9%
Asia and Asia and OthersOthers
((1.5)1.5)(41.5)(41.5)
((1.1)1.1)(1.7)(1.7)
75.475.44.24.25.6%5.6%
74.374.32.52.53.4%3.4%
EuropeEurope
%%
ChangeChange
642.7642.752.952.9
((108.2)108.2)0.20.2
124.8124.82.62.6
488.6488.640.840.8
8.2%8.2%
2.1%2.1%
8.3%8.3%
Three months Three months endedended
Dec. 31, 2003Dec. 31, 2003
0.00.0(17.0)(17.0)
++0.20.2(7.0)(7.0)
488.8488.833.833.86.9%6.9%
JapanJapan
((6.0)6.0)--
((7.5)7.5)(4.5)(4.5)
117.3117.3(1.9)(1.9)(1.7%)(1.7%)
The AmericasThe Americas
((0.4)0.4)(17.7)(17.7)
----
((2.7)2.7)(9.3)(9.3)
((26.7)26.7)+3.5+3.5
AmountAmount
640.0640.043.643.6
((134.9)134.9)3.73.7
6.8%6.8%Consolidated Consolidated TotalTotal
EliminationsEliminations
Three months Three months endedended
Dec. 31, 2004Dec. 31, 2004
1818
617.9 595.6
48.4
13.7
0.0
200.0
400.0
600.0
800.0
FY2004-3Q FY2005-3Q0.0
25.0
50.0
75.0
100.0
Revenue Operating income
*After elimination ofintersegment transaction
7.8%7.8%
YoYYoY: : --71.7%71.7%
YoYYoY: : --3.6%3.6%
2.3%2.3%
((Left scale) Left scale) (Right scale)(Right scale)
Billions of yenBillions of yen
Breakdown of RevenueBreakdown of RevenueRevenueRevenue* * /Operating Income/Operating IncomeImaging Solutions Imaging Solutions (For the nine months ended Dec. 31, 2004)(For the nine months ended Dec. 31, 2004)
YoYYoY: : --18%18%
YoYYoY: +6%: +6%YoYYoY: : --4%4%
YoYYoY: slightly increased: slightly increased
YoYYoY: same level: same level
Color Filmsand Others:
21%
Electronic Imaging:
25%Color Paperand Chemicals:
17%
PhotofinishingEquipment:
12%
Labs andFDi services:
20%
Reference Data 4Reference Data 4
1919
563.2564.3
54.6 52.0
0.0
200.0
400.0
600.0
800.0
FY2004-3Q FY2005-3Q0.0
25.0
50.0
75.0
100.0
Revenue Operating Income
9.6%9.6%YoYYoY: : --4.8%4.8%
YoYYoY: : --0.2%0.2%
9.2%9.2%
((Left scale) Left scale) (Right scale)(Right scale)
Billions of yenBillions of yen
Breakdown of RevenueBreakdown of RevenueRevenueRevenue* * /Operating Income/Operating Income
YoYYoY: : --3%3%YoYYoY: +50%: +50%
YoYYoY: : --12%12%
YoYYoY: : --5%5%
Graphic Arts:29%
Medical Imaging:
27%
Flat PanelDisplay Materials:
14%
Office & Industry:12%
RecordingMedia: 14%
YoYYoY: +3%: +3%
*After elimination ofintersegment transaction
Reference Data 5Reference Data 5
Information Solutions Information Solutions (For the nine months ended Dec. 31, 2004)(For the nine months ended Dec. 31, 2004)
2020
734.2720.3
79.3
43.6
0.0
200.0
400.0
600.0
800.0
FY2004-3Q FY2005-3Q0.0
25.0
50.0
75.0
100.0
Revenue Operating Income
6.0%6.0%
10.7%10.7%YoYYoY: +81.9%: +81.9%
YoYYoY: +1.9%: +1.9%
((Left scale) Left scale) (Right scale)(Right scale)
Billions of yenBillions of yen
Breakdown of RevenueBreakdown of RevenueRevenueRevenue* * /Operating Income/Operating Income
YoYYoY: same level: same level
Office Products:53%YoYYoY: +8%: +8%
Office Printers:15%
YoYYoY: same level: same level
Production Services:
10%
YoYYoY: +41%: +41%
Office Services:5%
*After elimination ofintersegment transaction
Reference Data 6Reference Data 6
Document Solutions Document Solutions (For the nine months ended Dec. 31, 2004)(For the nine months ended Dec. 31, 2004)
2121
Capital Expenditure, Depreciation, and R&D ExpensesCapital Expenditure, Depreciation, and R&D Expenses
R&D ExpensesR&D ExpensesRatio of R&D Expenses to RevenueRatio of R&D Expenses to Revenue
9 9 monthsmonths
46.646.642.742.742.442.4
30.630.650.150.120.720.7
9 9 monthsmonths
44.944.940.340.342.742.7
35.735.759.659.614.914.9
Year ended March 2004Year ended March 2004
Note: Figures do not include amounts for rental equipment handleNote: Figures do not include amounts for rental equipment handled by the Document Solutions d by the Document Solutions segment.segment.