FINWIRES · TerminalLIVE
FINWIRES

Fujifilm's Q1 Profit Slips 30% Despite Record-High Revenue; Year-End Revenue Guidance Revised Upward

By
Fujifilm's Q1 Profit Slips 30% Despite Record-High Revenue; Year-End Revenue Guidance Revised Upward

Fujifilm's (TYO:4901) attributable profit slipped 30% to 37.4 billion yen from 53.8 billion yen in the year-ago period, according to a Thursday filing with the Tokyo Exchange.

The Japanese imaging and healthcare conglomerate logged earnings per share of 31.23 yen, lower than the 44.59 yen recorded a year earlier, missing the forecast of 48.31 yen compiled by Investing.com.

Revenue, however, increased 10% year over year to a record-high 826.5 billion yen from 749.5 billion yen, also missing the forecast of 794.2 billion yen as recorded by Investing.com.

Overseas revenue, comprising 69% of the top line, jumped 16% year over year to 572.8 billion yen from 492.6 billion yen.

The healthcare sector revenue grew 12% year over year to 256.8 billion yen, with sales of endoscopes rising in key markets. The electronics sector logged the highest jump at 25% to 127.7 billion yen on rising demand for AI semiconductors, while its imaging business grew 16% year over year to 168.8 billion yen following the rise of its Instax instant photo systems.

Fujifilm raised its revenue guidance for the fiscal year through March 31, 2027 to 3.560 trillion yen from 3.470 trillion yen. Attributable profit is still seen to reach 280 billion yen at the end of the fiscal year.

The company expects to pay out 75 yen per share in dividends for the full fiscal year.

Related Articles

Kakao's Quarterly Profit Drops on One-Off Losses; Core Business Delivers
US Markets

Kakao's Quarterly Profit Drops on One-Off Losses; Core Business Delivers

Kakao (KRX:035720) posted a sharp drop in second-quarter profit as one-off losses related to discontinued operations and subsidiary stake disposals overshadowed strong growth in revenue and operating profit.Profit attributable to owners of the parent plunged 90% to 16.3 billion won in the quarter ended June 30 from 161.2 billion won a year earlier, according to the company's earnings release on Thursday.Sales rose 3.5% to 2.098 trillion won from 2.028 trillion won, while operating income jumped 49% to 277 billion won from 185.9 billion won.Kakao said net profit was weighed down by a 181 billion won loss from discontinued operations and an income tax expense related to the deconsolidation and disposal of stakes in subsidiaries.Platform revenue grew on the back of strong performance across advertising, subscriptions, and platform businesses.Talk Biz benefited from robust demand for business messaging and higher advertising spending following the introduction of feed-based ad products.The company said business messaging revenue rose 20% year-over-year, while Talk display advertising revenue increased 28%.Kakao Pay also posted record quarterly revenue and operating profit, driven by growth in financial services.KakaoTalk's domestic monthly active users reached 49.6 million during the quarter, approaching the 50 million mark.Meanwhile, content revenue was supported by stronger music performance, partly offset by weaker story revenue as softer user traffic weighed on Piccoma.

KRX:035720
DBS Posts Record Quarterly Profit on Strong Fee Income, Wealth Management Growth
US Markets

DBS Posts Record Quarterly Profit on Strong Fee Income, Wealth Management Growth

DBS Group (SGX:D05) posted a record second-quarter net profit, boosted by higher fee income and wealth management growth that offset a decline in net interest income as interest rates fell.Net profit rose 9% year over year in the second quarter to SG$3.08 billion from SG$2.82 billion, with earnings per share growing to SG$4.33 from SG$3.98 a year earlier, according to its earnings statement published Thursday.Total income rose 6% to a record SG$6.09 billion from SG$5.73 billion, crossing the SG$6 billion mark for the first time.Net interest income, the bank's largest revenue source, fell 2% in the second quarter to SG$3.58 billion from SG$3.65 billion a year prior. DBS attributed the drop to lower interest rates. However, the bank noted that strong loan and deposit growth, in addition to proactive hedging, helped offset most of the impact.Net fee income in the second quarter jumped 25% year over year to SG$1.46 billion, which marked the second-highest quarterly level on record, owing to a 42% jump in wealth management fees to a record SG$919 million.By the end of June, customer loans ballooned to SG$469.4 billion from SG$445 billion at the start of the year, driven by growth in non-trade corporate lending. Deposits rose 4% to SG$638.2 billion from SG$610 billion over the same period.For the first half, attributable net profit climbed 5% year over year to SG$6.01 billion, with earnings per share rising to SG$4.25 from SG$4.04.Total income in the January-June period edged up 3% to SG$12.04 billion, with net interest income dropping 3% to SG$7.08 billion and group net interest margin narrowing 20 basis points to 1.88%.DBS declared a quarterly ordinary dividend of SG$0.66 per share and a capital return dividend of SG$0.15, bringing the first-half payouts to SG$1.32 and SG$0.30 per share, respectively.The bank raised its full-year guidance, with total income expected to exceed 2025 levels and group net interest income expected to "close the gap to 2025 levels." It expects cost-income ratio to be in the low-40% range after booking 39% by the end of the first half.

SGX:D05
DoorDash Second-Quarter Revenue Tops Views, Earnings Falls Short
US Markets

DoorDash Second-Quarter Revenue Tops Views, Earnings Falls Short

DoorDash (DASH) late Wednesday delivered a second-quarter revenue beat amid order momentum, while the food delivery company's earnings fell more than expected.Revenue advanced 36% year over year to $4.45 billion, compared with the FactSet-polled consensus of $4.34 billion. Earnings per share fell to $0.46 during the June quarter from $0.65 a year earlier, missing Wall Street's view of $0.47.DoorDash's shares rose 2.6% in after-hours activity. The stock has declined 8.5% this year through Wednesday close.Marketplace gross order value -- the total value of all orders completed on its marketplaces, including taxes and tips -- climbed 36% annually to $33.08 billion, above analysts' expectations of $32.91 billion.US restaurants' gross order value growth accelerated "slightly," driven by DashPass membership, while the grocery and retail categories showed "strong" annual gains, DoorDash said.Total orders grew 27% to 970 million, while the market was expecting 968.5 million.DoorDash projects third-quarter marketplace gross order value between $33 billion and $34 billion, compared with consensus estimates of $33.39 billion.Wedbush Securities expected a "balanced" second-quarter print, saying investor focus remained on margin expansion."Consumer demand and the core US restaurant vertical remain resilient, with all-time-high (monthly active users), rising frequency, and record subscription quarters across DashPass and Gold," Wedbush analysts said in a note late last month. "Outside of margins, GOV trends and how the health of the consumer holds up is the largest debate."Earlier in the day, Uber Technologies (UBER) said its second-quarter delivery bookings advanced 26% annually to $27.46 billion.

$DASH$UBER