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Fujifilm's Komori to step down as chairman

81-year-old turned photo film giant into medical equipment supplier

Shigetaka Komori, chairman and CEO Fujifilm, will retire later this year. (File photo by Takaki Kashiwabara)

TOKYO -- Shigetaka Komori, the man who steered Japan's Fujifilm Holdings through the decline of the photo film industry and transformed it into a medical and office equipment maker, will step down as chairman after leading the company for 20 years, Nikkei has learned.

His retirement will be confirmed following the general shareholders meeting in June, after which he will serve as the company's chief adviser.

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