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43-473: The Fujifilm X-E1 is a digital rangefinder-style mirrorless camera announced by Fujifilm on September 6, 2012. It is the second camera announced for Fujifilm's X-system , after the Fujifilm X-Pro1 . The X-E1 is a slimmed-down version of X-Pro1. The modifications include removal of expensive hybrid finder replaced by an upgraded electronic viewfinder. New EVF uses a 2.36M dot OLED unit, out-speccing

86-521: A " minilab " that was installed in photo studios and DPE stores (small-scale photo development shops that existed in many cities until the 2000s), and it was the largest company with a 50% share of the global market. Since the mid-1990s, Noritsu has had a partnership with Eastman Kodak, the world's largest manufacturer of photographic film, and since Noritsu did not manufacture consumer products such as film and photographic paper, Noritsu used Kodak materials and Kodak sold Noritsu products on an OEM basis. With

129-421: A US$ 928 million investment to a Denmark -based biologics production facility, which it acquired from Biogen a year earlier for around US$ 890 million, to double the manufacturing capacity. A tape cartridge using strontium ferrite that could store up to 400 TB was showcased by Fujifilm in the late same month. Fuji Xerox was a joint venture between Fujifilm and Xerox Corporation of North America. After

172-517: A corporate split. Noritsu Koki Co., Ltd. becomes a holding company. NS PARTNERS,  Co., Ltd.,which is engaged in consulting and medical fee factoring for medical institutions, to the Group. Iki Iki  Co., Ltd(HALMEK Co., Ltd., since 2016), a publishing and mail-order business that proposes lifestyles for women in their 50s and older, will join the Group. (Transfer in 2020) Zenkokutsuhan Co., Ltd.,  mail-order business focusing on seniors, to

215-494: A manufacturer of photographic films , which it still produces. Fujifilm products include document solutions, medical imaging and diagnostics equipment, cosmetics, pharmaceutical drugs , regenerative medicine , stem cells , biologics manufacturing , magnetic tape data storage , optical films for flat-panel displays , optical devices , photocopiers, printers, digital cameras, color films , color paper, photofinishing and graphic arts equipment and materials. Fujifilm

258-468: A manufacturer of audio equipment known for its Pioneer DJ brand, which has a 70% share of the global market for DJ equipment, as well as the "healthcare" business through JMDC (formerly Japan Medical Data Center), a medical big data company. Mr. Kanichi Nishimoto, the founder of Nishimoto Studio, a photo studio in Wakayama City , invented a water washing machine for photographic paper in 1951, using

301-454: A number of businesses unrelated to the photo processing business, including the agricultural business NK Agri. At the same time, the company downsized its photography business and separated its photography-related business from Noritsu Koki in 2011 as NK Works Co.. At the time, Noritsu had abundant funds left over from its minilab business, so Noritsu aggressively pursued M&A in different industries and acquired medical and pen-nib companies. In

344-737: A type of protection racket bribe, to Yakuza. In retaliation he was murdered in front of his home by Yakuza. In May 1995, Kodak filed a petition with the US Commerce Department under section 301 of the Commerce Act arguing that its poor performance in the Japanese market was a direct result of unfair practices adopted by Fuji. The complaint was lodged by the US with the World Trade Organization. On January 30, 1998,

387-528: Is a Fujifilm subsidiary in Mexico that sells Fujifilm products since 1934 and has been recognized as one of The Best Mexican Companies (Las Mejores Empresas Mexicanas) from 2012 to 2015, a recognition promoted by Banamex , Deloitte México and Tecnológico de Monterrey . Fujifilm is active in pharmaceutical products and contract manufacturing through its subsidiaries including Fujifilm Toyama Chemical, Fujifilm Diosynth Biotechnologies , etc. As of July 2020,

430-453: Is a Japanese holding company with subsidiaries engaged in the development and sales of audio equipment, the manufacture and sales of pen-nib components, and healthcare for medical data analysis and research. Founded as a manufacturer of photo processing equipment. Until the 2000s, the mainstay of the company's business was the QSS (Quick Service System), an automatic photo development system called

473-487: Is a small store whose main business is to develop photos and order films to the labs. They were usually attached to photo material stores, but since minilabs can develop photos without requiring skilled operators, many people from other industries entered the market. DPE stores affiliated with photographic material dealers such as Fujicolor Shop installed minilabs made by their affiliated manufacturers, while other independent DPE stores often installed minilabs made by Noritsu. In

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516-508: Is part of the Sumitomo Mitsui Financial Group financial conglomerate ( keiretsu ). Fuji Photo Film Co., Ltd. was established in 1934 as a subsidiary of Daicel producing photographic films . In the 1940s, Fuji Photo entered the optical glasses, lenses and equipment markets. In 1962, Fuji Photo and UK-based Rank Xerox Limited (now Xerox Limited) launched Fuji Xerox Co., Ltd. through a joint venture. From

559-456: Is responsible for the healthcare business, went public. In 2020, Noritsu acquired Pioneer DJ parent company AlphaTheta Corporation, and in 2021 acquired PEAG, LLC, parent company of JLab , the No. 1 portable audio brand in the U.S. in the affordable price range. Founder Mr.Kanichi Nishimoto invents an automatic water rinsing machine for photographic paper. This groundbreaking invention, which uses

602-611: The "Camera no Nishimoto Garage-mae Honten" (Nishitakamatsu, Wakayama City) and its attached "Nishimoto Studio" closed in June 2020. In June 2018, the current CEO, Mr.Ryukichi Iwakiri, took over as CEO, and after a round of M&A strategy, began restructuring the business portfolio. In 2018, NK Relations was merged into Noritsu Koki itself. In 2019, the company announced its mid-term management plan, setting its core businesses as "manufacturing" and "healthcare". In 2019, JMDC Group, consisting of JMDC, Doctor Net, and Uniqe Software Research, which

645-653: The "dry minilab," which prints photos using the inkjet method without using a developing solution. Despite that, the incumbent president, Kanichi Nishimoto, died in 2005 at the age of 90. Under the leadership of the second president, Noritsu Koki sought to continue the minilab business by forming an alliance with rival Fujifilm in 2006 to jointly develop a digital minilab, but the founding family (wife and daughter of Kanichi Nishimoto), Noritsu Koki's major shareholders, dismissed all directors in 2008. Thereafter, Hirotsugu Nishimoto, former secretary and son-in-law of Kanichi Nishimoto, took over as president. Noritsu Koki had been in

688-408: The 1970s, photo development was becoming more mechanized and faster, and the expensive and time-consuming method of having skilled operators develop each sheet of film by hand ("hand-burning") was being replaced by the more common method of sending the film to a lab to be developed in batches by a large machine ("centralized lab" method). Even so, the latter method took about a week to complete, but with

731-455: The 1980s and 1990s, a system was established where a person could hand his camera over to a DPE store set up in a corner of a supermarket, and the photos would be ready when the person has finished shopping. However, since the 2000s, the spread of digital cameras has altered the business performance of Noritsu Koki, which is mainly in the film business. In 1996, Fujifilm released the Frontier,

774-460: The 57-year-old joint venture, Fuji Xerox. In December 2019, Fujifilm acquired Hitachi 's diagnostic imaging business for US$ 1.63 billion. Amid the 2020 COVID-19 pandemic , one of Fujifilm Toyama Chemical drugs, i.e. favipiravir , an antiviral commercially named Avigan, is being considered as a possible treatment for the virus, after having been approved by China, Russia, and Indonesia authorities by June 2020. In June 2020, Fujifilm announced

817-528: The FCR brand. Like its rival Eastman Kodak which dominated in the US, Fuji Photo enjoyed a longtime near-monopoly on camera film in Japan. Fuji increased market share in the US by becoming one of the title sponsors of the 1984 Los Angeles Olympics , offering cheaper camera film, and establishing a film factory in the US. In 1994 vice president Juntarō Suzuki announced that the company would halt paying sōkaiya ,

860-532: The Fujifilm Group has two operating companies, which encompass more than 300 subsidiaries in total, and three "shared services companies" under the umbrella. The group structure and a list of some Fujifilm subsidiaries are the following: Noritsu Non-consolidated: -865 million yen Non-consolidated: 20,236 million yen Non-consolidated: 83,090 million yen Non-consolidated: 123.035 billion yen Non-consolidated: 19 Noritsu Koki Co., Ltd .

903-508: The Group. (Transfer in 2020) Japan Medical Data Center Co., Ltd., a medical statistics data service provider, to the Group. FEED Co., Ltd.,a mail-order business for dental clinics, to the Group. (Transfer in 2020) Japan Regenerative Medicine Co., Ltd. to be responsible for research and development of regenerative medicine technologies and products, and cellular pharmaceuticals. (Transfer in 2020) Established Health Age SAST Insurance Co., Ltd. and started to develop new insurance policies using

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946-829: The QSS-1, the origin of the QSS minilab and the driving force behind its global expansion. Listed on the Second Section of the Osaka Securities Exchange. Listed on the First Section of the Tokyo Stock Exchange. Founder Mr. Kanichi Nishimoto passed away. Established NK Relations, Co., Ltd. (NK Relations, LLC since 2016), which is responsible for new business development and M&A. In addition to producing vegetables at one of Japan's leading plant factories, NK AGRI,  Co., Ltd.

989-517: The WTO announced a "sweeping rejection of Kodak's complaints" about the film market in Japan. In March 2006, Noritsu and Fuji announced a strategic alliance for Noritsu to manufacture all of Fuji's photofinishing hardware, such as minilabs . Each company produces its own software for the minilabs. On September 19, 2006, Fujifilm announced plans to establish a holding company , Fujifilm Holdings Corp. Fujifilm and Fuji Xerox would become subsidiaries of

1032-542: The X-Pro1's 1.44M dot LCD finder. SENSOR : EXR CMOS | Bayer CMOS | X-Trans | X-Trans II | X-Trans III | X-Trans 4 | X-Trans 5 VIDEO: 15 4K 15p , 4K , 6K , 8K   ⋅   SCREEN : Flip , Articulating , Touchscreen   ⋅   BODY FEATURE: In-Body Image Stabilization , Weather Sealed This camera-related article is a stub . You can help Misplaced Pages by expanding it . Fujifilm The company started as

1075-416: The big data of Japan Medical Data Center, a group company. (In 2016, the company received approval from the financial authorities and began operations) Teibow Co., Ltd. , which has the world's largest share of the market for nib materials for marking pens, joins the Group. Changed the head office location from Wakayama City, Wakayama Prefecture to Minato Ward, Tokyo. Changed its institutional design from

1118-529: The development of the RF-20E monochrome film processor, the company succeeded in automating the monochrome film development process for the first time in the world. In the same year, the company name was changed to Noritsu Koki. In 1976, the company developed the QSS-1, the first model of the Quick Service System (QSS), a system that integrates the processes of developing film and making prints. In

1161-457: The dissolution of their partnership in 2019, Fujifilm made it a wholly owned subsidiary. In January 2020, the corporate name change was announced, from Fuji Xerox to Fujifilm Business Innovation Corporation, effective on April 1, 2021. Fujifilm bought Sericol Ltd., a UK-based printing ink company specializing in screen, narrow web, and digital print technologies in March 2005. Fujifilm de México

1204-634: The first company in Japan to enter the North American market. In the 1980s, Noritsu achieved great success in North America and became synonymous with minilabs in the U.S., gaining the top share of the global minilab market and the company expanded rapidly, becoming listed on the First Section of the Tokyo Stock Exchange in 1997. Until the 2000s, there were many photo development stores called "DPE stores" in Japan. A DPE store

1247-536: The fiscal year ended March 2010, Noritsu Koki posted a huge loss of 20.6 billion yen on sales of 27.9 billion yen, partly due to the impairment of the minilab business, and the company returned to profitability in the fiscal year ended March 2013. In 2016, the company sold all of its shares in NK Works to an investment company and withdrew from the photography-related business. NK Works later changed its name to Noritsu Precision. Noritsu Precision, together with Fujifilm,

1290-472: The former Noritsu Koki, has the largest share of the global market for film photo processing equipment, a market that will remain professional in the 2020s.) After announcing its mid-term management plan in 2019, the company restructured its business portfolio. Currently, as a holding company, the company focuses on the "manufacturing" business through Teibow, which has a 50% share of the global market for felt-tipped pen nibs, and AlphaTheta (formerly Pioneer DJ),

1333-446: The healthcare business and high-functional materials. (Incidentally, Photo-Me also entered the laundromat business in 2010, and is restructuring its business portfolio while continuing its imaging business as a manufacturer of proof photos and purikura.) Under the leadership of President Hirotsugu Nishimoto, Noritsu Koki established NK Relations in 2009 to expand into fields other than the photo processing equipment business, and developed

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1376-596: The holding company. A representative of the company reconfirmed its commitment to film, which accounts for 3% of sales. On January 31, 2018, Fujifilm announced that it would acquire a 50.1% controlling stake in Xerox for US$ 6.1 billion, which will be amalgamated into its existing Fuji Xerox business. The deal was subsequently dropped after intervention by activist investors Carl Icahn and Darwin Deason . In late 2019, Fujifilm announced its acquisition of Xerox's 25% stake in

1419-451: The introduction of the QSS, photos could be developed in about an hour in a photo studio. The QSS was the first of a series of small-scale photo developing equipment that later became known as "minilabs," and minilabs were installed in photo studios around the world. Later, as Fujifilm and other major Japanese photographic equipment manufacturers began to develop their minilab businesses, Noritsu established Noritsu America in 1978, making it

1462-460: The late 2000s, the company has been scaling back its photography-related business. Since 2010, the company has been actively engaged in M&;A activities in other industries, and has been transforming its business by entering the healthcare business. In 2016, the company sold its founding photography-related business. (Noritsu Precision, which originated from the photo processing equipment division of

1505-519: The mid-1950s, Fuji Photo began establishing overseas sales bases. In the 1980s, the company expanded its production and other operations internationally. During this period, Fuji Photo developed digital technologies for its photography, medical, and printing sectors. This led to the invention of computed radiography (CR), which addressed several problems associated with traditional radiography, including reducing radiation exposure for both technicians and patients. Fujifilm's systems were marketed and sold under

1548-439: The principle of a water wheel. The company was established in 1956 as Noritsu Koki Seisakusho to commercialize this invention. The company's name is derived from the idea of "improving the efficiency" of the photographic development process. Since its founding, the company has offered equipment for photo stores, and has developed and manufactured equipment for black-and-white and color photo printing one after another. In 1961, with

1591-411: The principle of a waterwheel and can operate even during power outages, lays the foundation for the company. Noritsu Koki Seisakusho Co. was established. Reorganized as Noritsu Koki  Co., Ltd. Became the current company name. Developed the RF-20E, an advanced automatic monochrome film processor. Succeeded in automating the film development process for the first time in the world. Development of

1634-602: The red since 2006, but as of 2008, the company had no debt, retained earnings of 70.7 billion yen, and sales of 62.6 billion yen, and was thought to be the world's largest company in the minilab business. However, in reality, the minilab industry has been in a rapid decline. In 2005, Copal, which had jointly developed minilabs with Agfa , withdrew from the minilab business following the bankruptcy of Agfa in Germany; in 2006, Konica Minolta transferred its minilab business to Noritsu (and withdrew from all camera and photo businesses at

1677-522: The same time); in 2010 In 2010, KIS, a French company under the KIS Photo-Me group (which also had a small market share in Japan), withdrew from the minilab business, and in 2012, Kodak, which had jointly developed the minilab with Noritsu, went bankrupt. Fujifilm, Noritsu's biggest rival in the minilab business, had also scaled back its imaging business and restructured its business portfolio to focus on

1720-470: The spread of digital cameras, the minilab market shrank rapidly, and the company's performance substantially. Since the late 1990s, the company has also manufactured "digital minilabs," equipment that supports digital camera printing. In 2002, the company began joint development of minilabs with Kodak, and in 2006, it formed an alliance with Fujifilm, its biggest rival in the minilab industry, to jointly develop minilabs in an attempt to survive. However, since

1763-558: The world's first digital minilab, and in 1998, Konica released the QD-21, the world's first digital minilab compatible with memory cards. Noritsu was right behind to the digital market, so it partnered with Kodak and released the QSS-27 series of digital minilabs equipped with the DLS (Digital Lab System) software system developed by Kodak. In 2002, Noritsu partnered with Seiko Epson to develop

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1806-412: Was established with the aim of moving from "agriculture of form to agriculture of substance. (Withdrawal in 2020) Doctor-NET Co., Ltd, a leading company in remote diagnostic imaging support services ("Tele-RAD®"), to the Group. Established NK Medico Co., Ltd. to develop advanced medical technology and preventive medicine business. Established NK Works Co., Ltd. to take over the imaging business through

1849-624: Was one of the last two companies to develop and sell developing machines for film photography, sharing the global market with Noritsu's QSS series and Fujifilm's Frontier series. Noritsu Precision is the last of the two companies to develop and sell film photo processing machines. In 2015, the company relocated its headquarters from Wakayama City, the site of its original business, to Minato Ward, Tokyo. There are still some former affiliates in Wakayama City, such as Noritsu Precision Headquarters, which produces photo-related equipment. The last one,

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