Fujifilm publishes financial report as camera market continues to decline

Fujifilm publishes financial report as camera market continues to decline
(Image credit: Fuji Rumors)

Fujifilm recently published their report for the third quarter of the 2020 fiscal year (October to December 2019), and it appears as if the camera market is still very much in decline. Overall, it appears as if Fujifilm's mirrorless products are struggling in an increasingly competitive market and their overall revenue and operating incomings have decreased.

Interestingly, Fujifilm's instax products are also slowing down. Ever since Fujifilm relaunched the instax line with the instax mini 8, their line of instant cameras have enjoyed a renaissance at the hands of young users. Sold in trendy shops such as Urban Outfitters, instax cameras once seemed like an unstoppable analog behemoth.

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Louise Carey

With over a decade of photographic experience, Louise arms Digital Camera World with a wealth of knowledge on photographic technique and know-how – something at which she is so adept that she's delivered workshops for the likes of ITV and Sue Ryder. Louise also brings years of experience as both a web and print journalist, having served as features editor for Practical Photography magazine and contributing photography tutorials and camera analysis to titles including Digital Camera Magazine and  Digital Photographer. Louise currently shoots with the Fujifilm X-T200 and the Nikon D800, capturing self-portraits and still life images, and is DCW's ecommerce editor, meaning that she knows good camera, lens and laptop deals when she sees them.