Fujifilm plans to invest about 10 billion yen to raise magnetic tape capacity to about five times fiscal 2025 shipment capacity, citing rising demand for archiving as generative AI and cloud services generate more data.
The project is scheduled to run from fiscal 2026 through fiscal 2028 at the company’s Kanagawa Factory, Odawara Site. Fujifilm plans to expand manufacturing facilities and add staff, with production focused mainly on FUJIFILM LTO Ultrium10. The company said the investment is intended to strengthen supply to customers and described it as its largest yet for facilities dedicated to LTO tape.
Fujifilm says data growth driven by AI and cloud services is increasing the need for storage. It presents magnetic tape as an option for backup and archival data that do not need constant access. The company says tape can store large datasets at low cost over long periods and can be kept physically separate from networks, which it cites as a way to help protect data from ransomware.
Fujifilm traces its magnetic tape research to the 1950s. It launched its first LTO tape in 2000 and introduced LTO Ultrium10 in 2025, according to the company’s announcement.
