TOKYO -- Fujifilm Holdings' net profit likely jumped more than 40% to around 115 billion yen ($950 million) in the year ended March 31, beating the forecast by about 5 billion yen.
The Cheki series of instant cameras, known abroad under the instax mini brand, logged a sharp increase in sales, while high-end digital cameras also fared well. The overall expected net profit comes within striking distance of the 117.9 billion yen record of fiscal 2000, when the Japanese company was making money from such traditional offerings as film and photographic paper.