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Leica is doing great: revenue up 7.6% to €596 million, alongside continued profitability growth


Leica Camera released its FY 2024/25 financial results – here is a recap (see previous financial results):

  • Financial Performance: Leica Camera Group achieved record sales for FY 2024/25 (April 2024–March 2025), with revenue up 7.6% to €596 million (from €554 million the previous year), alongside continued profitability growth.
  • Regional Sales Growth: Europe led with 7.6% increase (Germany at 11.4%), followed by Asia (7.3%) and North America (6.2%); online sales rose 12.5%.
  • Key Growth Drivers: Expansion in Photo core segment and new areas like Mobile (smartphones), Smart Projection (projectors), Watches, and Eyecare; Sports Optics remained the second-largest segment despite market challenges.
  • Product Launches in Photo Segment: Leica Q3 (top digital camera seller, new 43mm variant in Sept 2024), SL3 and SL3-S full-frame cameras, D-Lux 8 compact, and M11-D (display-less M-System model).
  • Mobile Segment Developments: Ongoing Xiaomi partnership with Xiaomi 14T (Sept 2024) and Xiaomi 15 series (March 2025) featuring Leica lenses; Leica LUX app launched June 2024 (over 1M downloads); Leica LUX grip added Feb 2025.
  • Sports Optics Highlights: New Ultravid Compact Colorline binoculars; efforts to digitalize portfolio with infrared cameras and distance measurement tools.
  • Smart Projection and Accessories: Cine Play 1 mini-projector launched Nov 2024; Leica ZM 12 watch introduced Feb 2025 with four dial options.
  • Strategic Initiatives: Leveraged optics/mechanics expertise for user experience; expanded global stores in Wuhan, Tokyo, and Seoul; multi-channel sales model including e-commerce and auctions; plans for further retail growth.
  • Future Outlook and Anniversary: Celebrating 100 years of the Leica I in 2025 with theme “100 Years of Leica: Witness to a Century,” featuring cultural projects, special editions, global events (e.g., Dubai, Milan, New York, Shanghai, Tokyo), and exhibitions in Leica Galleries.
  • CEO Quote: Matthias Harsch: “We are meeting the global growth in demand for cameras with high-quality products ‘Made in Germany’… Our business success is rooted in innovation and the expansion of our own global sales network.”

Additional informtion is available here:

Leica Camera FY 2024/25 financial results: revenue up 7.6% to €596 million, alongside continued profitability growth

Check out also the latest Leica rumors:

The latest Leica rumors

Via LeicaRumors

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OM System continues to be in the red in 2024 with a negative operating profit of -¥1.2 billion yen


The latest issue of Nikkei Financial Quarterly Report reported that OM System continues to be in the red in 2024, with sales of 36.6 billion yen and a negative operating profit of -1.2 billion yen:

OM System financial results 2024

  • Sales: 36.6 billion yen
  • Operating profit: -1.2 billion yen
  • Mirrorless cameras: 130,000 units
  • Compact cameras: 50,000 units

OM System financial results 2021-2023

  • 2023: Sales ¥29.2 billion | Operating profit -¥210 million
  • 2022: Sales ¥28.2 billion yen | Operating profit -¥640 million yen
  • 2021: Sales: ¥21.9 billion yen | Operating profit: -¥1.8 billion yen

Via dc.life, 43addict

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Tamron Q2 financial results


Tamron released its Q2 financial results. Here are the details on the Photographic Products Division:

"Own-Brand products: Despite growth in Japan and India, sales declined due to a slow recovery in Europe and the U.S., as well as a reactionary decline in China following its high-growth phase in 1st half of 2024."



Tamron is planning to announce two additional new lenses in 2025:

"Initial medium-term management plan: targeting 6 to 7 new models a year, achieved 7 new models launches in the first year of the plan. New medium-term management plan: aiming to launch 10 new models a year by 2026."


Impact of US tariffs:

"Along with sustained geopolitical risks, U.S. tariff policies are causing greater confusion and heightened uncertainty about the future."


Source: Tamron




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Fujifilm Q1 financial results


Fujifilm released its Q1 financial results. Here is the recap for the Imaging Business, including a slide on the impact of Trump's tariffs):

  • Strong demand for instant photo systems and digital cameras drove revenue by 11.2% year-over-year to JPY145.3 billion and operating income surged by 28.4% year-over-year to JPY41.8 billion.
  • In the Consumer Imaging business, consistent demand for Instax instant photo systems contributed to higher revenue.
  • In the Professional Imaging business, revenue growth was supported by the strong performance of the X Series and GFX Series cameras.

"In the first three months of the fiscal year ending March 2026, revenue increased by 0.1% year-over-year to JPY749.5 billion. This growth was primarily driven by a strong performance in the Bio CDMO, Semiconductor Materials and Imaging businesses, which offset the negative impact of exchange rates. Operating income rose across all segments, with the Imaging segment making a significant contribution, achieving a 21.1% year-over-year increase to JPY75.3 billion. Net income attributable to FUJIFILM Holdings decreased by 11.5% year-over-year to JPY53.8 billion, mainly due to foreign exchange losses.

The company has maintained its full-year consolidated forecast for the fiscal year ending March 2026, despite accounting for the potential negative impact of the U.S. Tariff Policy, which was not incorporated in the previous forecast. The forecasted revenue is JPY3.28 trillion, with an operating income of JPY331.0 billion, and a net income attributable to FUJIFILM Holdings of JPY262.0 billion, aiming to achieve its record highs. The annual dividend forecast for the fiscal year is JPY70 per share, marking the 16th consecutive annual dividend increase."

Source: FujiFilm


  

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