Fujifilm Plans to Invest ¥10 Billion to Expand Tape Production Fivefold
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On October 29, 2026 (Thursday), Fujifilm announced an investment of about ¥10 billion (approximately US$63 million) to increase LTO tape capacity fivefold based on fiscal 2025 production levels. The project, located at the Odawara plant in Kanagawa Prefecture, will run from fiscal 2026 through fiscal 2028, expanding production of the latest-generation FUJIFILM LTO Ultrium10 tape and adding staff. The company said the move aims to meet data archiving demand driven by the development of generative AI, and stated it is its largest investment to date in dedicated LTO tape facilities. The project is currently at the announcement stage, and the report did not mention further construction progress.
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- Ars Technica · AIFujifilm to boost tape production 5x as AI fuels archiving demand
Fujifilm announced on Thursday an investment of about 10 billion yen (roughly $63 million) to expand tape production capacity 5x, using fiscal 2025 output as the baseline. The project, at the Odawara plant in Kanagawa Prefecture, runs through fiscal 2026 to 2028 to scale up the latest-generation FUJIFILM LTO Ultrium10 tape and add staff, marking the company's largest investment yet in dedicated LTO tape facilities.
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