FUJIFILM Holdings (4901) AI Stock Analysis

• Market Cap: $3.75T
• Dividend Yield: 2.2%
• Average Volume (3M): 3.37M
• Price to Earnings (P/E): 14.4
• Beta (1Y): 0.94
• Revenue Growth: 7.93%
• EPS Growth: 7.10%
• Country: JP
• Employees: 72,254
• Sector: Industrials
• Sector Strength: 87
• Industry: Business Equipment & Supplies
• EPS (TTM): N/A
• Shares Outstanding: 1,243,877,200
• 10 Day Avg. Volume: 2,610,790
• 30 Day Avg. Volume: 3,366,030
• PEG Ratio: 3.26
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -23.75
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $3,969.37
• Price Target Upside: 27.55% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 67 Neutral
• Price Target: ¥3,369.00 ▲(8.26%Upside)

FUJIFILM Holdings exhibits strong financial performance with robust revenue growth and profitability, but faces challenges in cash flow management. Technical indicators are mixed, suggesting potential short-term bearishness, while valuation metrics indicate the stock is fairly priced. The absence of new earnings guidance or significant corporate events means these factors have not influenced the score.

FUJIFILM Holdings Business Overview & Revenue Model

Company Description

FUJIFILM Holdings Corporation develops, manufactures, sells, and services imaging, healthcare, materials, and business innovation solutions worldwide. The company's Healthcare segment provides products and services, such as medical devices, biomedical contract development and manufacturing organization, pharmaceutical, regenerative medicine, and cosmetics and supplements in the three areas of prevention, diagnosis, and treatment. Its Materials segment offers inkjet digital presses and printing plates for printing industries, as well as industrial inkjet-related products and inkjet heads; storage media and archiving services to save and manage digital data volumes; and materials for industrials, including display and touch panel, semiconductor and image sensor, and functional film materials. The company's Business Innovation segment provides devices and services used in offices, including digital multifunction devices, printers, software, and cloud services; workflow solutions for printing companies and others in the graphical communications sector; and document services tailored to diverse business formats and roles, including system integration, business process outsourcing, and others. Its Imaging segment offers color films, instant cameras, developing and printing systems, color papers, and photo printing services; and TV and cinema lenses, surveillance cameras, industrial lenses for production line inspection, and projectors. FUJIFILM Holdings Corporation was incorporated in 1934 and is headquartered in Tokyo, Japan.

How the Company Makes Money

FUJIFILM Holdings generates revenue through a diverse range of business segments. The Imaging Solutions segment is a significant revenue driver, encompassing digital cameras, instant photo systems, and photo printing services. The Information Solutions segment includes medical systems, such as diagnostic imaging equipment and medical IT solutions, which provide a stable and growing income stream. The company's Document Solutions segment offers multifunction printers, office solutions, and document management systems, catering to both corporate and individual clients. Additionally, FUJIFILM's pharmaceutical and biotechnology endeavors contribute to its earnings, focusing on the development and manufacture of innovative medical treatments and therapies. Strategic partnerships and investments in research and development further bolster FUJIFILM's market position and financial performance, particularly in emerging sectors like healthcare and advanced materials.

FUJIFILM Holdings Financial Statement Overview

Summary

FUJIFILM Holdings shows strong revenue growth and profitability margins. The balance sheet is robust with low leverage. However, cash flow challenges, especially negative free cash flow due to high capital expenditures, need attention for long-term stability.

Income Statement

FUJIFILM Holdings has demonstrated strong revenue growth over the years, with a notable increase of approximately 8% from 2024 to 2025. The company maintains a healthy gross profit margin of around 40.7% in 2025, indicating efficient production and cost management. The net profit margin also shows robustness at 8.2%. Despite these strengths, there is room for improvement in EBIT and EBITDA margins, which stand at 10.3% and 16% respectively, suggesting potential areas for operational efficiency enhancements.

Balance Sheet

The balance sheet of FUJIFILM Holdings reflects a solid equity base, with a debt-to-equity ratio of 0.24, highlighting a conservative leverage approach. The equity ratio at 63.8% further underscores financial stability. With a return on equity of 7.8%, the company exhibits a moderate ability to generate profit from shareholders' investments. However, an increasing trend in total liabilities suggests that careful management is needed to maintain this stability.

Cash Flow

Cash flow analysis indicates a challenging environment, with negative free cash flow in recent years. Despite a strong operating cash flow to net income ratio of 1.64, signaling effective cash generation from operations, the free cash flow to net income ratio is negative, pointing to high capital expenditures that could restrain liquidity if not managed. The company needs to address these capital outflows to enhance free cash flow generation.

Breakdown
Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
3.20T	2.96T	2.86T	2.53T	2.19T
	Gross Profit
1.30T	1.19T	1.14T	1.03T	869.69B
	EBIT
330.15B	276.73B	273.08B	229.70B	165.47B
	EBITDA
512.91B	426.74B	415.29B	362.70B	288.90B
	Net Income Common Stockholders
260.95B	243.51B	219.42B	211.18B	181.21B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
172.11B	179.72B	268.61B	486.33B	394.80B
	Total Assets
5.25T	4.78T	4.13T	3.96T	3.55T
	Total Debt
802.28B	607.63B	536.90B	588.82B	609.58B
	Net Debt
630.17B	427.92B	268.29B	102.49B	214.78B
	Total Liabilities
1.90T	1.61T	1.35T	1.43T	1.33T
	Stockholders Equity
3.35T	3.17T	2.76T	2.50T	2.20T
Cash Flow		Free Cash Flow
-74.63B	-56.77B	-113.02B	158.03B	295.25B
	Operating Cash Flow
428.16B	407.94B	210.45B	323.93B	420.86B
	Investing Cash Flow
-541.95B	-527.42B	-323.23B	-153.54B	-279.38B
	Financing Cash Flow
108.88B	-462.00M	-123.69B	-105.18B	-163.09B

FUJIFILM Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3112.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4901, the sentiment is Negative. The current price of 3112 is below the 20-day moving average (MA) of 3199.00, above the 50-day MA of 3028.97, and below the 200-day MA of 3293.47, indicating a neutral trend. The MACD of 16.69 indicates Positive momentum. The RSI at 45.58 is Neutral, neither overbought nor oversold. The STOCH value of 32.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4901.

FUJIFILM Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4901	67 Neutral	$3.75T	14.38	7.89%	2.20%	7.93%	7.10%
Sector *	66 Neutral	$4.47B	12.22	5.40%	3.65%	4.14%	-12.00%
RICO		¥743.49B	17.06	4.42%	2.85%	―	―
BRTHF		$4.24B	12.95	7.94%	0.03%	―	―
KNCAF		$1.54B	―	-18.21%	0.96%	―	―
KOK		€1.97B	17.36	7.55%	2.49%	―	―
CNJ		€3.54B	15.86	9.38%	2.64%	―	―