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Fujitsu Returns Solid Result

Fujitsu Australia Limited

Wellington, August 24, 2010

Fujitsu, a leading provider of business, information technology and communication solutions has today announced strong financial results for the year, recording a net profit after tax of $1.496 million for the year ended 31 March 2010. The result was generated from total operating revenues of $116.4 million representing a significant increase in profit from the previous year.

Managing Director of Fujitsu New Zealand, Stuart Stitt, described this as a solid result achieved in a challenging economic climate.

“Fujitsu achieved a growth in profit directly as a result of increased revenue from the New Zealand market, as in the previous year substantial revenue had come from work carried out in the Pacific Islands,” states Stuart Stitt. “Our increase in profit can be attributed largely to improved revenues in both the managed services and infrastructure solutions parts of the business.”

Although economically it was a challenging market, Fujitsu was able to achieve some significant milestones last year, including solid growth within their managed services business, increasing their service desk operations and in particular the opening of a new service desk in Auckland. Fujitsu also achieved a significant ICT infrastructure outsourcing win toward the end of the year.

“Building on the success of last year, we are continuing to win more new business and are extremely positive about the opportunities that lie ahead,” states Stuart Stitt.

Fujitsu is the world's third largest IT services organisation and currently employs over 560 staff and contractors in New Zealand.

About Fujitsu Australia and New Zealand

Fujitsu Australia and New Zealand is a leading service provider of business, information technology and communications solutions. As the third largest ICT Company in the Australian and New Zealand marketplace, we partner with our customers to consult, design, build, operate and support business solutions. From strategic consulting to application and infrastructure solutions and services, Fujitsu Australia and New Zealand have earned a reputation as the single supplier of choice for leading corporate and government organisations. Fujitsu Australia Limited and Fujitsu New Zealand Limited are wholly owned subsidiaries of Fujitsu Limited (TSE: 6702).
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About Fujitsu

Fujitsu is a leading provider of ICT-based business solutions for the global marketplace. With approximately 170,000 employees supporting customers in 70 countries, Fujitsu combines a worldwide corps of systems and services experts with highly reliable computing and communications products and advanced microelectronics to deliver added value to customers. Headquartered in Tokyo, Fujitsu Limited (TSE:6702) reported consolidated revenues of 4.6 trillion yen (US$50 billion) for the fiscal year ended March 31, 2010. For more information, please see:
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Angela Coombes

Phone: Phone: +61 2 9113 9247
Mobile: Mobile: +61 429 223 110
E-mail: E-mail:
Company:Fujitsu Australia and New Zealand
Media & PR Specialist

Date: 24 August, 2010
City: Wellington
Company: Fujitsu Australia Limited