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Native name | 富士フイルムビジネスイノベーション株式会社 |
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| Formerly | Fuji Xerox Co., Ltd. |
| Company type | Subsidiary |
| Industry | Document processing |
| Founded | February 20, 1962; 63 years ago (1962-02-20) |
| Headquarters | Midtown West,Tokyo Midtown,Akasaka,Minato,, |
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| Products | |
| Revenue | $11.1bn |
Number of employees | 40,646 (as of Mar 2009 - Consolidated) |
| Parent | Fujifilm |
| Website | www |
Fujifilm Business Innovation Corporation (Japanese:富士フイルムビジネスイノベーション株式会社), formerly known asFuji Xerox Co., Ltd., is a Japanese company specializing in the development, production, and sale ofxerographic and document-related products and services across the Asia-Pacific region. As a wholly owned subsidiary ofFujifilm Holdings, its headquarters are situated inMidtown West,Akasaka,Minato, Tokyo.
Originally established as a joint venture between Fujifilm and the American document management companyXerox, Fuji Xerox played a prominent role in the industry for 59 years. However, in 2019, Fujifilm assumed full ownership by acquiring the remaining shares, marking the conclusion of the long-standing partnership with Xerox. The formal conclusion of this collaboration occurred on March 31, 2021.
Fuji Xerox was established in 1962 as a 50:50 partnership withRank Xerox.[1] Rank Xerox was absorbed intoXerox Corporation in 1997.[2]
Initially serving as a distributor exclusively for Rank Xerox products, Fuji Xerox transitioned into independent research and development, introducing its proprietaryxerographic machines and devices. Notably, their pioneering venture began with the creation of the FX2200photocopier in 1973, acknowledged as the world's smallest copier at the time.[3] Beyond distribution, Fuji Xerox played a pivotal role in advancing color printing technologies, contributing to the innovation and manufacturing of various devices marketed by Xerox Corporation. Among their milestones is the introduction of the "Xero Printer 100" in 1987, recognized as the world's firstmultifunction printer/copier.
Fuji Xerox expanded into Australia, New Zealand, Singapore and Malaysia in 1982 by purchasing distribution rights from Xerox Corporation, it established a subsidiary company Fuji Xerox Asia Pacific Pte headquartered in Singapore.
In 2000, Xerox Corporation transferred itsChina/Hong Kong operations to Fuji Xerox, and by 2001, Fuji Photo Film Co. had elevated its stake in the venture to 75%.[4]
As of March 2009, the company employed 40,646 people (Consolidated).[5]
On January 31, 2018, Xerox announced an agreement with Fujifilm for the acquisition of a 50.1% controlling stake in the company, amounting to US$6.1 billion. This move aimed to merge the two entities into Fuji Xerox, establishing a company with an aggregate market value of US$18 billion[6][7][8] However, the deal was called off in May 2018 following resistance by Xerox's board.[9]
On November 5, 2019, Fujifilm had announced that they would acquire the remaining 25% stake of Fuji Xerox from Xerox for a total of $2.3 Billion.[10]
On January 6, 2020, Fujifilm announced that it would not renew its technology agreement with Xerox when it expires at the end of March 2021, and that Fuji Xerox would be renamedFujifilm Business Innovation Corporation in April 2021. Fujifilm stated that unwinding the venture would allow them to "utilise our own technologies and synergise with technologies owned by other Fujifilm Group companies to produce/market products and solutions under our own new brand worldwide". The company will maintain its product supply agreements with Xerox.[11]
Fujifilm Business Innovation Corporation has its headquarters situated atTokyo Midtown West inMinato, Tokyo.[12][13] Additionally, the company maintains a key office at Toyosu Bayside Cross Tower inKōtō, Tokyo, along with branch offices strategically positioned inYokohama,Ebina, andMinamiashigara,Kanagawa Prefecture.
As of February 2024, Docuprint Printers manufactured by FujiXerox have all of its drivers removed with an End of Life message. The windows drivers are not natively detected by windows update. And the previously available drivers, such as forCM205b available here, have been removed from the official website.
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