Fuji invests to focus on digital

Fuji Photo Film Co Ltd, Japan's top photographic film maker, is to invest at least $5.2bn (€4.13bn) in the next three years to shift its focus to digital cameras.

The company aims to boost its net profit to 180bn yen (€1.35bn) the year to March 2009, from the 80bn yen (€0.60bn) expected for the year to March 2004 as a direct result of revamping its corporate structure and cutting costs.