On January 31, Fujifilm and Xerox jointly announced that Fujifilm will be buying a majority share in Xerox and combining Xerox with the Fuji Xerox joint venture. Fujifilm is roughly twice as big as Xerox. Fujifilm’s fiscal 2017 ends on March 31, and the firm anticipates it will have revenue of ¥2.46 trillion ($22.1 billion)
