Fujitsu Limited
President Nozoe Presents Management Direction and Medium-Term Financial Targets
24 July, 2009 — Fujitsu held its annual Management Direction Briefing on July 23, 2009 to inform the media, securities analysts, and investors of the company's overall management direction and medium-term financial targets for fiscal years 2009 through 2011.
These three years will be an exciting period of transformation at Fujitsu. We are striving to transform into a truly global IT company through the implementation of growth strategies for each business and the continuation of structural reforms. For FY2011, Fujitsu is aiming to generate operating income of ¥250 billion and record net income of ¥130 billion.
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| PDF Presentation Material [31 pages, 329KB] | Streaming Video (new window) Video of briefing available from July 24, 2009 to January 22, 2010 |
Becoming a Truly Global IT Company
From FY2009-2011, Fujitsu aims to establish a presence as a truly global IT company based in Japan. To accomplish this goal, Fujitsu will 1) Strengthen its leading position in Japan; 2) Integrate business inside and outside Japan; and 3) Use products as the pillar of expansion outside Japan.
Medium-Term Financial Targets
For FY2011, Fujitsu is aiming to generate operating income of ¥250 billion and record net income of ¥130 billion. These are challenging targets, signifying the company's resolve to become a truly global IT company.
Annual Targets for Medium Term
Fujitsu is aiming for higher net sales and a return to profitability on a net income basis for FY2009, despite the severe operating environment. Achieving this target will reaffirm the strength of the core Technology Solutions business.
For FY2010, the target is to achieve record earnings excluding one-time gains, as the benefits of structural reforms become evident.
For FY2011, the target is to improve earnings to a new record high as we establish a strong presence as a global IT company.
A New Business Model
Fujitsu is expanding business globally through products and services, with a focus on its core Technology Solutions business.
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The above information is true and accurate at the time of publication. However, it is subject to change at any time without prior notice.
