TOKYO (Reuters) – 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.
($1 = 108.9000 yen)
(Reporting by Rocky Swift; Editing by Shri Navaratnam)