FUJIFILM Corporation (President: Shigehiro Nakajima) has announced that it will implement a world-wide price increase of its photographic papers, commencing from February, 2013.
To sustain its Photo Imaging business, Fujifilm has been undertaking intensive structural reforms for productivity improvement and cost reduction. However, due to the recent soaring costs of materials and on-going decrease of gross demands for photographic papers, the company has been forced to increase the prices of products as detailed below:
1. Applicable products:
Photographic papers
2. Description of price revision:
Anticipating an increase of at least double digit percent
3. Revision timing:
From February 2013 onward
Specific details regarding the timing of and the rate of price increase will be determined for individual markets in consideration of factors specific to the respective countries / markets.