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	Japan Update November 6, 2019

	Fujifilm and Xerox both  claim win in  face-saving compromise TOKYO -- Tuesday's agreement between Fujifilm and Xerox  not only saves face on both  sides, but enables them to  invest in the future. Fujifilm will buy out Xerox's  25% stake in joint venture  Fuji Xerox, while Xerox will  net $2.3 billion it can apply  toward shareholder returns  and growth investments as  office equipment market  plateaus. Though Fujifilm has diversified  through acquisitions into such  areas as medical equipment  and regenerative medicine,  Fuji Xerox accounts for nearly half of its operating profit.
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