Fujifilm says to invest $11 billion over 3 years to speed healthcare, materials segments growth

Fujifilm Holdings Corp said on Thursday it plans to invest 1.2 trillion yen ($11.02 billion) over three years to accelerate growth in healthcare and its highly-functional materials businesses.

Healthcare will become the company’s largest segment in terms of revenue and operating income, Fujifilm said in a release about its medium-term management plan.

Fujifilm announced last month that Shigetaka Komori, who oversaw the company’s transition from film business to healthcare, would step down as chairman and chief executive in June.

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Equities, Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe