Fujifilm reported FY2026 operating profit of ¥350.2 bn, topping its ¥335 bn guidance and the ¥340 bn consensus estimate.
Q4 operating profit fell 5% YoY to ¥101.8 bn, missing prior-year asset‑sale gains and hit by higher silver prices and Bio CDMO expenses.
Despite the decline, Q4 outperformed internal plans by ¥15.2 bn, driven by ¥13.0 bn imaging surplus and ¥5.9 bn electronics contribution.
Citi said results are somewhat positive for the share price and new fiscal year guidance is slightly above medium‑term targets.