When was Fujifilm founded and what was its original purpose?
Fuji Photo Film Co., Ltd. emerged as a subsidiary of Daicel within Tokyo, Japan in 1934. The company began its life manufacturing photographic films for the domestic market.
Questions about Fujifilm
Short answers, pulled from the story.
What happened to Fujifilm vice president Juntarō Suzuki in 1994?
Vice president Juntarō Suzuki announced in 1994 that the company would stop paying sōkaiya bribes to Yakuza groups. He was murdered in front of his home by Yakuza members shortly after making this declaration.
How did Fujifilm respond to declining film sales during the digital era?
Film sales declined significantly as digital technology took over the consumer market so Fujifilm shifted focus toward pharmaceuticals, cosmetics, and regenerative medicine technologies to survive. One drug named favipiravir received commercial name Avigan during the 2020 COVID-19 pandemic.
Did Kodak file any legal complaints against Fujifilm regarding unfair trade practices?
Kodak filed a petition with the US Commerce Department on May 1995 under section 301 of the Commerce Act. The World Trade Organization rejected Kodak's complaints about the Japanese film market on the 30th of January 1998.
When did Fujifilm acquire Hitachi's diagnostic imaging business and for how much money?
December 2019 marked the acquisition of Hitachi's diagnostic imaging business for US$1.63 billion. This move expanded the group to include regenerative medicine and stem cell research alongside traditional imaging solutions.