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TOKYO, May 1 Asia Pulse - Fuji Photo Film Co. (TSE:4901) said Wednesday that its consolidated net profit dropped 40 per cent on the year to 48.5 billion yen (US$408 million) for the fiscal year ended March 31.
The protracted stock market slump increased expenses stemming from dissolving the company's employee pension fund and expanded valuation losses on its shareholdings.
Group sales rose 4 per cent to 2.5 trillion yen, while operating profit declined 5 per cent to 160.2 billion yen. Group pretax profit dropped 25 ...