'VISION 2016' a medium-term management plan launched by Fujifilm

Fujifilm Holdings Corporation has drawn up the medium-term management plan 'VISION 2016' covering financial year 2015 to 2017.

After celebrating the 80th anniversary in January this year, the Fujifilm group adopted a new corporate slogan, "Value from Innovation", reflecting the company's commitment to continuously creating innovative technologies, products and services that empower the potential and expand the horizons of tomorrow's businesses and lifestyles.

Under this slogan, the latest medium-term management plan 'VISION 2016' identifies resolving various social tasks as the company's opportunities for business growth.

The plan sets out the company's resolve to creating new values with its advanced proprietary technologies to build a business portfolio that secures stable medium-term growth, so as to evolve into a company that delivers social contributions with sustainable growth.

More specifically, Fujifilm will selectively concentrate management resources into healthcare, highly functional materials and documents business, which are most promising out of the company's six business fields (healthcare, highly functional materials, documents business, graphic systems, optical devices and digital imaging), to deliver products of high quality and cost performance in line with market needs for greater market expansion.

With these initiatives, Fujifilm plans to achieve 2.63 trillion yen in revenue and set a record operating income of 220 billion yen in 2017, the final fiscal year of the plan.

The company also envisages offering dividends and buyback of shares to redistribute over 200 billion yen to its shareholders over the three-year period from financial year 2015 to 2017, thereby raising return on equity (RoE) from 4.2 percent to 7 percent.