Fujifilm Announce Price Increase of Photographic Papers

Fujifilm Announces Price Increase of Photographic Papers

                                                                                                                    December 18, 2012

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
 
Original news link: http://www.fujifilm.com/news/n121218.html