MIRA INFORM REPORT
|
Report Date : |
21.09.2011 |
IDENTIFICATION DETAILS
|
Name : |
FUJITSU LIMITED |
|
|
|
|
Registered Office : |
1-5-2 Higashi-Shimbashi, Minato-ku, 105-7123 |
|
|
|
|
Country : |
Japan |
|
|
|
|
Financials (as on) : |
31.03.2011 |
|
|
|
|
Date of Incorporation : |
20.06.1935 |
|
|
|
|
Legal Form : |
Public Parent Company |
|
|
|
|
Line of Business : |
Information Technology (IT) Business |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment
Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
---- |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Japan |
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name & address
FUJITSU LIMITED
1-5-2 Higashi-Shimbashi
Minato-ku, 105-7123
Japan
Tel: 81-3-62522220
Fax: 81 3 6252-2800
Web: www.fujitsu.com
Synthesis
Employees: 172,336
Company Type: Public Parent
Corporate Family: 365
Companies
Traded: Tokyo
Stock Exchange: 6702
Over The Counter: FJTSY
Incorporation Date:
20-Jun-1935
Auditor: Ernst & Young LLP
Financials in: USD (Millions)
Fiscal Year End:
31-Mar-2011
Reporting Currency: Japanese
Yen
Annual Sales: 52,845.5 1
Net Income: 642.9
Total Assets: 36,487.7 2
Market Value: 10,435.0
(02-Sep-2011)
Business Description
FUJITSU LIMITED is
a Japan-based company engaged in the information technology (IT) business. It
has three segments. The Technology Solution segment manufactures and sells
products such as various servers, storage systems, various types of software,
network management systems and optical transport systems, as well as the
provision of system integrations services, consulting services, front
technology services, network services and system support services. The
Ubiquitous Solution segment offers products such as personal computers, mobile
phones, as well as audio navigational devices, mobile communication equipment
and automobile electronic devices. The Device Solution segment manufactures and
sells large scale integrations (LSIs), semiconductor packages, batteries,
relays and connectors, optical transmitter and receiver modules, among others.
For the three months ended 30 June 2011, FUJITSU Limited's revenues decreased
6% to Y986.07B. The Company's net loss totaled Y20.40B, vs. a net income of
Y1.64B. Revenues reflect lower sales due to the unfavorable market and the
decreased customer need. Net loss also suffered from an unfavorable gross and
operating profit margin, the absence of gain on negative goodwill, as well as
the presence of loss on disaster.
Industry
Industry Computer Services
ANZSIC 2006: 7000 - Computer
System Design and Related Services
NACE 2002: 72 - Computer and
Related Activities
NAICS 2002: 541512 - Computer
Systems Design Services
UK SIC 2003: 72 - Computer and
Related Activities
US SIC 1987: 7379 - Computer
Related Services, Not Elsewhere Classified
Key Executives
|
Name |
Title |
|
Masami Yamamoto |
President |
|
Kazuhiko Kato |
Chief Financial Officer, Senior Managing
Executive Officer, Director |
|
Takashi Mori |
Managing Executive Officer, Chief Director
of the Tokyo Metropolitan Area Sales, Chief Director of Mid-Level Solution
Business |
|
Yutaka Abe |
Executive Officer, Chief Director of
Platform Buisness Promotion |
|
Tamichi Ishihara |
Co-Auditor |
Significant Developments
|
Topic |
#* |
Most Recent
Headline |
Date |
|
Divestitures / Spin-offs |
3 |
KUB Malaysia Berhad's KUB Telekomunikasi
Sdn. Bhd. Completes Acquisition Of 30% Equity Interest In KUB-Fujitsu
Telecommunications (Malaysia) Sdn Bhd From Fujitsu Limited And Marubeni
Corporation |
12-Jan-2011 |
|
Negative Earnings Pre-Announcement |
2 |
FUJITSU LIMITED Lowers Consolidated
Full-year Outlook for FY Ending March 2011-KABDAS Express |
28-Jan-2011 |
|
General Reorganization |
1 |
FUJITSU LIMITED Announces Dissolution of
Subsidiary |
25-Aug-2011 |
|
Strategic Combinations |
5 |
NTT DoCoMo, Inc., FUJITSU LIMITED And
Others To Make Smartphone Chips With Samsung Electronics Co., Ltd.-Reuters |
13-Sep-2011 |
|
Business Deals |
4 |
Tagetik Announces Partnership With Fujitsu
Limited |
10-Feb-2011 |
* number of significant developments within the last 12 months
News
|
Title |
Date |
|
NW: DoCoMo,
Samsung to headline new handset chip alliance |
18-Sep-2011 |
|
Fujitsu
Semiconductor Assigned Patent |
18-Sep-2011 |
|
US Patent
Issued to Fujitsu on Sept. 13 for "Storage Circuit and Storage
Method" (Japanese Inventor) |
18-Sep-2011 |
|
WIPO
ASSIGNS PATENT TO FUJITSU FOR "SYSTEM AND METHOD FOR IMPLEMENTING POWER
DISTRIBUTION" (AMERICAN INVENTOR) |
18-Sep-2011 |
|
Shinko
Electric Industries Assigned Patent |
18-Sep-2011 |
Financial Summary
|
Stock Snapshot
|
Key IDSM Number: 90777
1 - Profit & Loss Item Exchange Rate: USD 1 = JPY 85.69144
2 - Balance Sheet Item Exchange Rate: USD 1 = JPY 82.88
Corporate Overview
Location
1-5-2 Higashi-Shimbashi
Minato-ku, 105-7123
Japan
Tel: 81-3-62522220
Fax: 81 3 6252-2800
Web: www.fujitsu.com
Quote Symbol - Exchange
6702 - Tokyo Stock
Exchange
Sales JPY(mil): 4,528,405.0
Assets JPY(mil): 3,024,097.0
Employees: 172,336
Fiscal Year End: 31-Mar-2011
Industry: Computer
Services
Incorporation Date: 20-Jun-1935
Company Type: Public
Parent
Quoted Status: Quoted
President : Masami
Yamamoto
Company Web Links
Corporate History/Profile
Employment Opportunities
Executives
Financial Information
Home Page
Investor Relations
News Releases
Products/Services
Contents
Industry Codes
Business Description
Financial Data
Market Data
Shareholders
Subsidiaries
Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
2429 - Other Electronic Equipment Manufacturing
5420 - Software Publishing
2421 - Computer and Electronic Office Equipment Manufacturing
2422 - Communication Equipment Manufacturing
7000 - Computer System Design and Related Services
NACE 2002 Codes:
7221 - Publishing of software
3220 - Manufacture of television and radio transmitters and
apparatus for line telephony and line telegraphy
3210 - Manufacture of electronic valves and tubes and other
electronic components
72 - Computer and Related Activities
3002 - Manufacture of computers and other information processing
equipment
NAICS 2002 Codes:
334111 - Electronic Computer Manufacturing
541512 - Computer Systems Design Services
511210 - Software Publishers
334112 - Computer Storage Device Manufacturing
334210 - Telephone Apparatus Manufacturing
334413 - Semiconductor and Related Device Manufacturing
US SIC 1987:
3674 - Semiconductors and Related Devices
7372 - Prepackaged Software
3572 - Computer Storage Devices
3571 - Electronic Computers
3661 - Telephone and Telegraph Apparatus
7379 - Computer Related Services, Not Elsewhere Classified
UK SIC 2003:
3210 - Manufacture of electronic valves and tubes and other
electronic components
3002 - Manufacture of computers and other information processing
equipment
32201 - Manufacture of telegraph and telephone apparatus and
equipment
72 - Computer and Related Activities
7221 - Publishing of software
Business
Description
Fujitsu Limited
(Fujitsu), incorporated on June 20, 1935, is engaged in providing solutions in
the field of information and communication technology. Along with multifaceted
services provision, its business consists of the development, manufacture,
sales and maintenance of the high-quality products and electronic devices that
make these services possible. The Company operates in three segments:
technology solutions, ubiquitous products solutions and device solutions. On
June 4, 2009, Fujitsu introduced the docomo PRIME series F-09A mobile handset.
On July 15, 2009, Fujitsu announces acquisition of shares in information
technology (IT) subsidiary of AUTOBACS SEVEN. In October 2010, the Company and
Toshiba Corporation announced that they have completed the merger of their
mobile phone businesses.
Technology
solutions
Fujitsu provides
solutions/system integration services focused on information system consulting
and integration, and infrastructure services centered on outsourcing services
(complete information system operation and management). Fujitsu offers system
products, such as servers and storage systems, which form the backbone of
information systems, along with network products, such as mobile phone base
stations, optical transmission systems and other communications
infrastructures. Its services include system integration (system construction),
consulting, front-end technologies (automated teller machines (ATMs)),
outsourcing services (datacenters, IT operation/management, software as a
service (SaaS), application operation/management and business process
outsourcing), network services (business networks, distribution of
Internet/mobile content), system support services (maintenance and surveillance
services for information systems and networks) and security solutions
(installation of information systems and networks).
Ubiquitous products solutions
Fujitsu offers the
personal computers (PCs), mobile phones and other products indispensable for
realizing the emerging ubiquitous networked society. In PCs, along with more
conventional desktop and notebook models, the Company develops netbooks and
products with security features, providing a global lineup that allows
customers to choose the product for their application. In mobile phones, it
provide a variety of products that include high-performance models featuring
specs and water resistance, separable mobile phone handset, and products
created from collaborations with brands. Its products include PCs, mobile
phones and optical transceiver modules.
Device solutions
LSI devices and
electronic components comprise Fujitsu’s Device Solutions. Fujitsu
Semiconductor, the Fujitsu operating company in semiconductors, provides LSI
devices found in products, such as digital home appliances, automobiles, mobile
phones and servers. The Company’s subsidiaries Shinko Electric Industries
Co., Ltd. and Fujitsu Component Limited, along with FDK Corporation, provide
semiconductor packages and other electronic components, as well as structural
components, such as batteries, relays and connectors. Its products include LSI
devices, electronic components (semiconductor packages), batteries and
structural components (relays and connectors).
Source: Reuters
More Business Descriptions
FUJITSU LIMITED is
a Japan-based company engaged in the information technology (IT) business. It
has three segments. The Technology Solution segment manufactures and sells
products such as various servers, storage systems, various types of software,
network management systems and optical transport systems, as well as the
provision of system integrations services, consulting services, front
technology services, network services and system support services. The
Ubiquitous Solution segment offers products such as personal computers, mobile
phones, as well as audio navigational devices, mobile communication equipment
and automobile electronic devices. The Device Solution segment manufactures and
sells large scale integrations (LSIs), semiconductor packages, batteries,
relays and connectors, optical transmitter and receiver modules, among others.
For the three months ended 30 June 2011, FUJITSU Limited's revenues decreased
6% to Y986.07B. The Company's net loss totaled Y20.40B, vs. a net income of
Y1.64B. Revenues reflect lower sales due to the unfavorable market and the
decreased customer need. Net loss also suffered from an unfavorable gross and
operating profit margin, the absence of gain on negative goodwill, as well as
the presence of loss on disaster.
Provision of
customer focused IT equipment, retail and manufacture of computers, data
processing systems; communications, switching and optical transmission systems;
electronic devices
Fujitsu Ltd
(Japan) manufactures computers, information processing systems and network
solutions. It is one of the biggest manufacturers in the world and produces
telecommunications equipment and devices, consumer electronics and
semiconductors. Products include peripherals, software, servers and personal
computers.
Computers -
Servers/Mini/Mainframe
|
|||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||
FUJITSU LIMITED
The Strategic Initiatives report is created using technology to extract
meaningful insights from analyst reports about a company's strategic projects
and investments. More about Strategic Initiatives
Strategic
Initiatives
Partnerships
Fujitsu scanners
(nine models) were selected as "Editor’s Choice Award" winners in
the Better Buys for Business 2011 Scan-to-File Guide, published in the November
issue and the company received the 2010 Vendor Award of Excellence in the “Content
Management” category from Ingram Micro Inc. Fujitsu Services Oy entered into
a contract with RM5 Software. As per the contract, it is agreed that RM5 IdM
Entitlement Management software product will be taken in use in Fujitsu’s
identity management service. Fujitsu in collaboration with Daifuku Co., Ltd.
has upgraded the production management system at Daifuku (China) Manufacturing
Co.
1 in Japan, and is
the third largest service provider in the world. Such market position of the
company as an end to end solution provider increases its brand image and gives
it a competitive advantage over its peers.Focused Research & Development
ActivitiesFujitsu has a strong research and development (R&D) network which
differentiates it from its competitors. The company's R&D strategy is to
pursue the latest in technology for future generation services, computer
servers and networks, and several electronic devices that serve as building
blocks for its products. Its R&D activities are focused on developing new
products and services to meet its client’s needs. The company has incurred
R&D expenses of JPY 2.24 billion, which accounted for 4.8% of its total
revenues during 2010. , Inc. to integrate Fujitsu Interstage XWand into Bowne's
suite of XBRL solutions; Canon Inc. to offer better managed services; an
R&D partnership with the Agency for Science Technology and Research
(A*STAR)'s Institute of High Performance Computing (IHPC) to jointly develop
advanced applications of petascale computing; Sun Microsystems, Inc. to offer
SPARC Enterprise M3000 server with the new 2.75GHz SPARC64 VII processor. It
also entered into agreements with Nagoya University to develop a technology
that enables high-speed detection of toxic proteins using DNA aptamers; and a
definite merger agreement with Toshiba Corporation to merge their mobile phone
businesses and form a new unit. Moreover, in 2009, Fujitsu entered into an
alliance with Ciso to deliver unified communications solutions in Japan;
long-term IT infrastructure services agreement with Alliance Data Systems; a
joint venture in middleware field with Microsoft; a definitive agreement with
Toshiba and Showa Denko on hard disk drive business transfer; and a
collaboration with Taiwan Semiconductor Manufacturing company on leading-edge
process technology among others. Such partnerships with the industry leading
players would enhance the company’s brand image, simultaneously contributing
to its revenue growth.Unified Corporate StructureOn August 02, 2010, Fujitsu
announced its plans to form a new business unit in Japan to offer support to
Japan based companies operating in the Asian market. This facility would
provide strong and seamless support between Japan-based companies and their
local subsidiaries in Asia.
It also entered
into agreements with Nagoya University to develop a technology that enables
high-speed detection of toxic proteins using DNA aptamers; and a definite
merger agreement with Toshiba Corporation to merge their mobile phone
businesses and form a new unit. Moreover, in 2009, Fujitsu entered into an
alliance with Ciso to deliver unified communications solutions in Japan;
long-term IT infrastructure services agreement with Alliance Data Systems; a
joint venture in middleware field with Microsoft; a definitive agreement with
Toshiba and Showa Denko on hard disk drive business transfer; and a
collaboration with Taiwan Semiconductor Manufacturing company on leading-edge
process technology among others. Such partnerships with the industry leading
players would enhance the company’s brand image, simultaneously contributing
to its revenue growth.Unified Corporate StructureOn August 02, 2010, Fujitsu
announced its plans to form a new business unit in Japan to offer support to
Japan based companies operating in the Asian market. This facility would
provide strong and seamless support between Japan-based companies and their
local subsidiaries in Asia. This enables Japanese corporate customers to
smoothly link their main ICT systems in Japan with systems at local
subsidiaries in Asia.
Sales and Distribution
Fuji Electric:
Fuji Electric develops power semiconductors needed to improve energy efficiency
in industrial equipment, consumer electronics, and car electronics, along with
magnetic disks for personal computers, and vending machines. Under a new
medium-term management plan for fiscal year 2009 to fiscal year 2011 announced
in February 2010, Fuji Electric will focus its capabilities on the strategic areas
of “energy and the environment.” The plan includes a target of JPY50
billion in sales of grid-related solutions in fiscal year 2011.Mar 03,
2010Fujitsu Announces 2011 Hiring Plan For University GraduatesFujitsu Limited
(Fujitsu) is planning to hire 540 university graduates in April 2011. Fujitsu
will recruit a diverse group of university graduates to sustain the growth of
its IT products, solutions and services businesses. Various positions will be
available for new graduates, including in the research & development
(R&D), system engineering (SE), sales, administrative and other divisions
throughout the company.Fujitsu will actively recruit qualified persons with
disabilities.
|
|
Helpful |
Harmful |
|
Internal Origin |
Strengths Focused Research & Development Activities Diversified Geographical Presence |
Weaknesses |
|
External Origin |
Opportunities Increasing Spending on Infrastructure |
Threats |
Overview
Fujitsu Limited is
a provider of customer-focused information technology and communications
solutions throughout the globe. It is the third largest provider of IT services
in the world. The company principally operates through three reportable
business segments, namely, Technology Solutions, Ubiquitous Product Solutions
and Device Solutions. The company leverages on its focused research and
development activities to attain long-term sustainable growth and profit.
However, if the company fails to stand the intense competition from
technological advancements, new market entrants and pricing pressures, its
financial performance could be negatively affected.
Strengths
Focused Research & Development Activities
Fujitsu has a
strong research and development (R&D) network which differentiates it from
its competitors. The company's R&D strategy is to pursue the latest in
technology for future generation services, computer servers and networks, and
several electronic devices that serve as building blocks for its products. Its
R&D activities are focused on developing new products and services to meet
its client’s needs. The company has incurred R&D expenses of JPY 2.24
billion, which accounted for 4.8% of its total revenues during 2010. As of
March 31, 2010, the company held about 99,000 patents. In 2009 alone, Fujitsu
received about 1,890 patent grants in Japan and 1,220 patents in the US. Also,
it uses Field Innovation to identify new approaches and the inspiration to
improve the company, while delivering added value to its clients. Strong
emphasis on R&D would allow the company to cater to the changing needs of
its clients, thereby generating higher revenues.
Efficient Use of Resources
The company's
return on equity (ROE) was 11.7% for fiscal year 2010. This was above the
Communications Equipment sector average* of 4.9%. A higher than sector average*
ROE may indicate that the company is efficiently using the shareholders' money
and that it is generating high returns for its shareholders compared to other
companies in the sector.
Acquisition of Siemen’s Stake
Fujitsu Siemens
Computers (Holding) B.V. was established in 1999 as a 50-50 joint venture
between Fujitsu Limited and Siemens AG. Fujitsu Siemens Computers has
established a leading position in the EMEA market for IT infrastructure and
delivers a broad range of innovative IT solutions. It holds a strong customer
base in the EMEA market and R&D capability for global products development.
Fujitsu Limited acquired Siemens's 50% share in their joint venture Fujitsu
Siemens Computers (Holding) B.V. effective from April 1, 2009. Through this
acquisition, Fujitsu Limited gained a market presence in the EMEA market and
emerged out as a global company in the information communications field.
Diversified Geographical Presence
The company has a
diversified global presence. By spreading its business across the world,
Fujitsu managed to minimize the risks arising out of a specific geographical
region. With its products reach in more than 70 countries throughout the world,
the company employs a workforce of over 170,000 people to provide a strong
portfolio of diversified products. It is a leading global provider of ICT-based
business solutions catering to the needs of its customers through value added
services. Operating with about 540 group companies, the company provides a
diversified line of services. Fujitsu has established operations in the major
economies of Europe, the Americas, Africa and Asia-Pacific. During fiscal year
2010, the company generated 62.6% of its revenues from Japan, followed by 21%
from EMEA (Middle East and Africa), 6.9% from the Americas, and 9.5% from APAC
(Asia-Pacific) and China. The company’s diversified geographical presence
ensures that it remains shielded from macroeconomic risks associated with
operational presence in one location.
Diversified Business Operations
Fujitsu has
diversified its operations with its presence in a number of industries and
markets. The company operates through four segments, namely, Technology
Solutions, Ubiquitous Product Solutions, Device Solutions and Other operations.
The Technology Solutions line provides system integration services that include
integrated ICT system consulting, design, application development and hardware
installation, maintenance services and infrastructure services focused on
outsourcing services. The Technology Solutions segment also provides system
platforms/servers such as mainframes and UNIX, mission-critical x86 servers;
storage systems and middleware information systems; and network products such
as mobile phone base stations, optical transmission systems and other
communications infrastructure equipment. Ubiquitous Product Solutions segment
provides PCs including desktop and notebook PCs; mobile phones with superb
specs and water resistance features; and other indispensable products. Further,
its Device Solutions segment offers LSI devices and electronics components,
batteries, relays, connectors and other mechanical parts used in digital
consumer electronics, automobiles, mobile phones, servers, and many other
products. Other operations segment is engaged in providing car audio and
navigation systems, mobile communication equipment and automotive electronic
equipment. In Fiscal year 2010, the company generated 65.3% of its total sales
from the Technology Solutions segment, followed by 17.35% from Ubiquitous
Product Solutions segment, 10.55% from Device Solutions segment and 6.8% from
Other operations. Such diversified business operations help the company reduce
the impact of market volatility in any particular business unit and provide
economic stability.
Market Leadership
The company is one
of the leading IT and consulting services providers. Fujitsu is the
third-largest IT service provider in the world as well as being ranked No. 1 in
Japan. It also is one of the top five providers of servers in the world. The
company provides Technology solutions, such as System Platforms and services;
Ubiquitous Product Solutions, including PCs or Mobile Phones, Hard Disk Drives,
and others; and Device Solutions like LSI Devices, Electronic Components and
others. Its customers comprise of around half the Fortune Global 500. Further,
in the Outsourcing services business, Fujitsu is ranked No. 1 in Japan, and is
the third largest service provider in the world. Such market position of the
company as an end to end solution provider increases its brand image and gives
it a competitive advantage over its peers.
Weaknesses
Dependence on Suppliers
Fujitsu's business
could be affected due to its dependence on suppliers and alliance partners. The
company receives various components and raw materials, and supplies from a
large number of suppliers across the world. Some of its businesses are
dependent on a single or limited number of suppliers, in spite of the company
making efforts to ensure the availability of alternative sources. Fujitsu’s
business operations will be negatively affected if it encounters difficulties
in receiving its regular supply of raw materials and components. If the company
does not receive its volume of raw materials on a timely basis, its
manufacturing process will be disturbed, resulting in a delay in its product
development.
Limited Liquidity Position
The company's
current ratio was 1.2 at the end of fiscal year 2010. This was below the
Communications Equipment sector average* of 2.67. A lower than sector average*
current ratio indicates that the company is in a weaker financial position than
other companies in the sector. Fujitsu reported a decrease in the cash and cash
equivalents in fiscal 2010. The company had JPY 3.22 billion in cash and cash
equivalents as of March 31, 2010 compared to cash and cash equivalents of JPY 4.88
billion in 2009, reflecting a decrease of 33.95%. The decreasing cash reserves
indicate the company’s inability to incur additional debt to finance
acquisitions, business opportunities, capital expenditure or other capital
requirements in the future.
Over Dependent on the Japanese Market
Fujitsu operates
in four geographical segments namely Japan, EMEA, the Americas, and APAC and
China. The company has been generating a major part of its revenue from the
Japanese region. Sales from Japan have been contributing to about 62.6%, 68%,
and 63.9% of its total revenue during fiscal years 2010, 2009 and 2008
respectively. Even though the company’s operations are spread across many
countries but most of its revenues are generated from the Japanese market. This
makes Fujitsu vulnerable to geographically associated market risks and risks of
economic downturn in any single market. With spending at a rock bottom level in
Japan, the company will continue to be subjected to the risk of being
over-dependent on that market.
Limited Operating
Margin
The company's
operating margin was 0.86% for the fiscal year 2010. This was below the
Communications Equipment sector average* of 4.81%. A lower than sector average*
operating margin may indicate inefficient cost management or a weak pricing
strategy by the company. However, the company's operating margin has increased
231 bps over 2009 which may indicate that the management has been focusing on
profitability.
Declining Market
Share in the Sector
The company's
compounded annual growth rate (CAGR) for revenue was -0.59% during 2006-2010.
This was below the Communications Equipment sector average* of 11.26%. A lower
than sector average* revenue CAGR may indicate that the company has
underperformed the average sector growth and lost market share over the last
four years. The company's underperformance could be attributed to a weak
competitive position or inferior products and services offering or lack of
innovative products and services.
Opportunities
Increasing Spending on Infrastructure
The increasing
investments in infrastructure in developing economies offer a huge growth
potential for the company. Infrastructure has become a major theme in the
global investment community and spending is expected to reach USD 35 trillion
over the next 20 years. Further, mature markets, such as the US and countries
in Western Europe, are more focused on rebuilding and maintaining their
infrastructures. The growing Asian economy will further enhance the
infrastructural development activities in the emerging economies. The growing
infrastructure spending across the world offers significant demand for the
company’s products and hence translates into top line growth.
Unified Corporate Structure
On August 02,
2010, Fujitsu announced its plans to form a new business unit in Japan to offer
support to Japan based companies operating in the Asian market. This facility
would provide strong and seamless support between Japan-based companies and
their local subsidiaries in Asia. This enables Japanese corporate customers to
smoothly link their main ICT systems in Japan with systems at local
subsidiaries in Asia. The new unit provides the company with growth
opportunities through global proposals to corporate customers on how they can
generate added value in their business by leveraging the power of cloud
computing ICT platforms governed by Fujitsu in Japan.
Growth Potential for Semiconductor Market
The company has
the opportunity to increase its revenue amidst the growing semiconductor
market. The global market for semiconductors is expected to recover
significantly by 28.6% year on year to reach a market value of USD 291 billion
by 2010. This growth in the semiconductor market will be driven by strong
demand for electronics components in emerging countries, particularly in Asia.
According to Gartner, the semiconductor industry is forecasted to grow 7.5% in
2010 to reach values of USD 253.4 billion in 2012. The American region is
expected to grow 24.9% year on year, followed by Europe to grow at 27.9%, Japan
16.9%, and Asia-Pacific 33.7%. Semiconductor equipment providers such as
Fujitsu could benefit from the demand for semiconductor equipment in the
emerging economies. The demand for semiconductor devices is lowering in
developed countries such as the US, the UK, and Japan. However, emerging
economies such as China and India are still showing strong growth potential.
Strategic Alliances
Fujitsu has
entered into a number of strategic alliances relating to product development,
distribution and joint marketing. Maintaining and expanding these alliances
will provide a great growth opportunity for the company by diversifying its
product lines and reaching out to wider geographic locations. In 2010, the
company entered several agreements such as an extensive IT services agreement
with Terveystalo; an alliance with Bowne & Co., Inc. to integrate Fujitsu
Interstage XWand into Bowne's suite of XBRL solutions; Canon Inc. to offer
better managed services; an R&D partnership with the Agency for Science
Technology and Research (A*STAR)'s Institute of High Performance Computing
(IHPC) to jointly develop advanced applications of petascale computing; Sun
Microsystems, Inc. to offer SPARC Enterprise M3000 server with the new 2.75GHz
SPARC64 VII processor. It also entered into agreements with Nagoya University
to develop a technology that enables high-speed detection of toxic proteins
using DNA aptamers; and a definite merger agreement with Toshiba Corporation to
merge their mobile phone businesses and form a new unit. Moreover, in 2009,
Fujitsu entered into an alliance with Ciso to deliver unified communications
solutions in Japan; long-term IT infrastructure services agreement with
Alliance Data Systems; a joint venture in middleware field with Microsoft; a
definitive agreement with Toshiba and Showa Denko on hard disk drive business
transfer; and a collaboration with Taiwan Semiconductor Manufacturing company
on leading-edge process technology among others. Such partnerships with the
industry leading players would enhance the company’s brand image,
simultaneously contributing to its revenue growth.
Threats
Rise in Raw Material Prices
The company uses
various raw materials in the production of its components. The prices of these
raw materials account for a significant share of the company's total cost of
goods sold. Due to increase in commodity prices, the cost of raw materials may
also increase drastically. The company may witness loss of sales to the extent
price increases are taken into account. In addition, the continuous supply of
the raw materials could be affected by weather conditions, national
emergencies, strikes, governmental controls, natural disasters, supply
shortages or other events. Thus, price fluctuations and non-availability of
these raw materials may have an adverse effect on the products’ cost and
further operations of the company.
Global Economic Slowdown
Fujitsu faces a
major challenge in sustaining its revenue growth due to the slowdown in global
economy. Market volatility concerns have made consumers shop only for basic and
essential goods, thereby posing a major challenge to companies, whose sales
have witnessed a sharp decline. According to the World Bank, overall global GDP
contracted 2.2% in 2009, with 1.2% growth rate in the developing economies -
well below the 5.6% growth rate in 2008. In 2009, the GDP growth in the US
weakened to -2.4% while in the Eurozone, GDP contracted more sharply by 3.9%
from 0.5% in 2008. Further, the global output is expected to expand 2.7% in
2010, and 3.2% in 2011, which would still be below the 5% GDP in 2007. Thus,
adverse economic conditions could affect the demand for the company’s
products, making it difficult to sustain its revenue growth.
Government Regulations
The company is
subjected to numerous regulations related to environment, production,
manufacture, storage, distribution, sale and use of products. It is exposed to
potential liability and increase in operating costs related to these
regulations, besides changes in tax, fiscal, governmental and other regulatory
policies. The potential cost related to environmental and product registration
laws and regulations is uncertain due to factors such as the unknown magnitude
and type of possible contamination and clean-up costs, the complexity and
evolving nature of laws and regulations, and the time for and cost of
compliance. Such regulations could impact the overall operations of the
company.
Industry Consolidation Challenges
The company may be
forced to lower its prices due to industry consolidation in the market. The
telecommunication industry witnessed a high rate of consolidation which
resulted in the creation of larger organizations with higher bargaining power.
These consolidations place a huge competitive pressure on the company in terms
of services and price offerings. This could significantly affect Fujitsu’s
profit margins and its financial performance.
Competitive Pressure
Fujitsu operates
in a highly competitive environment in the IT sector. The sales of its products
and services could decrease due to anticipated technology and competition
driven price erosion. It should pursue various measures like the introduction
of Toyota Production System reforms, standardization of system development
methodologies and software modularization for expanding new services and
products. It also faces competition from existing industry peers and new
entrants into the IT markets who have a competitive edge with sufficient
managerial and financial resources to compete against Fujitsu. Advancements in
technology could result in a rapid turnover of new products and technologies.
Hence, the company should maintain highly competitive technologies to avoid a
decline in its market share and profitability. Its inability to face the
intense competition from technological advancements, new market entrants and
pricing pressures could negatively affect its financial performance.
|
Corporate
Family |
Corporate
Structure News: |
|
|
|
|
Total Corporate Family Members: 365 |
|
|
|
|
|
Company
Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Parent |
Minato-ku |
Japan |
Computer Services |
52,845.5 |
172,336 |
|
|
Subsidiary |
London |
United Kingdom |
Computer Services |
3,676.0 |
16,239 |
|
|
Subsidiary |
London |
United Kingdom |
Software and Programming |
2,869.7 |
12,926 |
|
|
Subsidiary |
Cairo |
Egypt |
Miscellaneous Capital Goods |
30.0 |
350 |
|
|
Subsidiary |
Tallinn |
Estonia |
Office Equipment |
5.3 |
180 |
|
|
Subsidiary |
Dubai |
United Arab Emirates |
Office Equipment |
24.0 |
100 |
|
|
Subsidiary |
London |
United Kingdom |
Software and Programming |
1.9 |
6 |
|
|
Subsidiary |
London |
United Kingdom |
Computer Services |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Software and Programming |
132.9 |
|
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Brighton |
United Kingdom |
Computer Services |
|
|
|
|
Subsidiary |
East Sussex |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Liverpool |
United Kingdom |
|
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Manchester |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Computer Services |
|
|
|
|
Subsidiary |
Slough |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Frankfurt Am Main, Hessen |
Germany |
Computer Services |
212.2 |
642 |
|
|
Subsidiary |
Diegem |
Belgium |
Business Services |
|
20 |
|
|
Subsidiary |
Wien |
Austria |
Business Services |
1.0 |
5 |
|
|
Subsidiary |
Helsinki |
Finland |
Software and Programming |
250.0 |
|
|
|
Subsidiary |
Maarssen |
Netherlands |
Software and Programming |
75.0 |
|
|
|
Subsidiary |
Kista |
Sweden |
Software and Programming |
75.0 |
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Salford |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
Liverpool |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Insurance (Life) |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
|
United Kingdom |
Investment Services |
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Commercial Banks |
0.1 |
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Rivonia |
South Africa |
Computer Hardware |
|
|
|
|
Subsidiary |
Port-of-Spain |
Trinidad and Tobago |
Computer Hardware |
|
|
|
|
Subsidiary |
|
United Kingdom |
Business Services |
|
|
|
|
Subsidiary |
|
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Minato-ku |
Japan |
Electronic Instruments and Controls |
1,102.0 |
6,916 |
|
|
Subsidiary |
Jakarta Barat, Jakarta Barat |
Indonesia |
Electronic Instruments and Controls |
|
2,100 |
|
|
Subsidiary |
Fujian |
China |
Electronic Instruments and Controls |
|
1,714 |
|
|
Subsidiary |
Katunayake |
Sri Lanka |
Electronic Instruments and Controls |
|
1,427 |
|
|
Subsidiary |
Nanjing, |
China |
Electronic Instruments and Controls |
|
1,300 |
|
|
Subsidiary |
Suzhou |
China |
Electronic Instruments and Controls |
|
1,090 |
|
|
Subsidiary |
Shanghai |
China |
Electronic Instruments and Controls |
|
1,000 |
|
|
Subsidiary |
Bekasi |
Indonesia |
Electronic Instruments and Controls |
|
852 |
|
|
Subsidiary |
Gunma |
Japan |
Electronic Instruments and Controls |
|
570 |
|
|
Subsidiary |
Taoyuan |
Taiwan |
Electronic Instruments and Controls |
|
444 |
|
|
Subsidiary |
Tokyo |
Japan |
Electronic Instruments and Controls |
|
390 |
|
|
Subsidiary |
Tottori |
Japan |
Electronic Instruments and Controls |
|
321 |
|
|
Subsidiary |
Shizuoka |
Japan |
Electronic Instruments and Controls |
|
182 |
|
|
Subsidiary |
Shizuoka |
Japan |
Electronic Instruments and Controls |
|
78 |
|
|
Subsidiary |
Shizuoka |
Japan |
Business Services |
|
69 |
|
|
Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Appliance and Tool |
|
16 |
|
|
Subsidiary |
Kosai-shi |
Japan |
Waste Management Services |
|
15 |
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Electronic Instruments and Controls |
6.6 |
10 |
|
|
Subsidiary |
Singapore |
Singapore |
Electronic Instruments and Controls |
|
8 |
|
|
Subsidiary |
Hong Kong |
Hong Kong |
Appliance and Tool |
|
6 |
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Appliance and Tool |
|
3 |
|
|
Subsidiary |
Laguna |
Philippines |
Computer Hardware |
600.1 |
6,000 |
|
|
Subsidiary |
Kawasaki-shi |
Japan |
Miscellaneous Capital Goods |
2,125.1 |
5,157 |
|
|
Subsidiary |
Eastern Creek, NSW |
Australia |
Business Services |
222.6 |
93 |
|
|
Subsidiary |
Fairfield, NJ |
United States |
Electronic Instruments and Controls |
80.0 |
40 |
|
|
Subsidiary |
Düsseldorf |
Germany |
Miscellaneous Capital Goods |
122.2 |
35 |
|
|
Subsidiary |
Taichung |
Taiwan |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Notting Hill, VIC |
Australia |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Computer Hardware |
1,750.0 |
4,700 |
|
|
Subsidiary |
Edison, NJ |
United States |
Business Services |
875.0 |
1,000 |
|
|
Branch |
Richardson, TX |
United States |
Software and Programming |
94.4 |
601 |
|
|
Branch |
Foothill Ranch, CA |
United States |
Retail (Grocery) |
46.9 |
190 |
|
|
Subsidiary |
Pittsburgh, PA |
United States |
Business Services |
4.0 |
80 |
|
|
Branch |
Greenwood Vlg, CO |
United States |
Photography |
108.4 |
75 |
|
|
Branch |
Milwaukee, WI |
United States |
Software and Programming |
7.9 |
50 |
|
|
Subsidiary |
Schaumburg, IL |
United States |
Software and Programming |
17.6 |
40 |
|
|
Branch |
Plattsburgh, NY |
United States |
Recreational Activities |
3.4 |
40 |
|
|
Branch |
Burlington, MA |
United States |
Retail (Technology) |
6.9 |
20 |
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Computer Hardware |
1,300.0 |
251 |
|
|
Subsidiary |
Co Dublin |
Ireland |
Computer Services |
47.9 |
220 |
|
|
Branch |
Palm Bay, FL |
United States |
Electronic Instruments and Controls |
48.8 |
150 |
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Retail (Technology) |
|
100 |
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Biotechnology and Drugs |
|
99 |
|
|
Subsidiary |
Montreal, QC |
Canada |
Computer Hardware |
|
60 |
|
|
Subsidiary |
Montreal, QC |
Canada |
Business Services |
|
200 |
|
|
Branch |
Quebec, QC |
Canada |
Business Services |
166.7 |
700 |
|
|
Branch |
Victoriaville, QC |
Canada |
Computer Services |
83.3 |
400 |
|
|
Subsidiary |
Montreal, QC |
Canada |
Business Services |
|
12 |
|
|
Branch |
Quebec, QC |
Canada |
Computer Services |
5.2 |
25 |
|
|
Branch |
Montreal, QC |
Canada |
Electronic Instruments and Controls |
183.0 |
140 |
|
|
Branch |
Toronto, ON |
Canada |
Computer Services |
20.8 |
100 |
|
|
Branch |
Mississauga, ON |
Canada |
Electronic Instruments and Controls |
79.2 |
60 |
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Electronic Instruments and Controls |
|
40 |
|
|
Subsidiary |
Plymouth, MN |
United States |
Retail (Specialty) |
|
20 |
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Electronic Instruments and Controls |
|
12 |
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Software and Programming |
|
|
|
|
Subsidiary |
Nantong |
China |
Miscellaneous Capital Goods |
255.2 |
4,404 |
|
|
Subsidiary |
Shinagawa-ku, Tokyo |
Japan |
Computer Networks |
|
4,380 |
|
|
Subsidiary |
Tokyo |
Japan |
Computer Hardware |
1,513.4 |
3,656 |
|
|
Subsidiary |
Tokyo |
Japan |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Business Services |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Business Services |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Biotechnology and Drugs |
|
|
|
|
Subsidiary |
Inagi-shi |
Japan |
Computer Hardware |
1,220.8 |
3,639 |
|
|
Subsidiary |
Maebashi-shi |
Japan |
Software and Programming |
|
262 |
|
|
Subsidiary |
Shanghai |
China |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Business Services |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Engineering Consultants |
|
|
|
|
Subsidiary |
Shinagawa- ku |
Japan |
Computer Peripherals |
468.3 |
3,257 |
|
|
Subsidiary |
Taipei |
Taiwan |
Computer Peripherals |
30.9 |
290 |
|
|
Subsidiary |
Hoofddorp, Noord-Holland |
Netherlands |
Electronic Instruments and Controls |
76.9 |
32 |
|
|
Subsidiary |
Tokyo |
Japan |
Computer Services |
1,110.1 |
|
|
|
Subsidiary |
Batu Pahat, Johor |
Malaysia |
Electronic Instruments and Controls |
39.4 |
|
|
|
Subsidiary |
Nagano |
Japan |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Changzhou |
China |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Shanghai |
China |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Hong Kong |
Hong Kong |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Miyazaki |
Japan |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Qingdao |
Japan |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Nagano |
Japan |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Richardson, TX |
United States |
Computer Hardware |
2,100.0 |
3,000 |
|
|
Subsidiary |
North Sydney, NSW |
Australia |
Computer Networks |
883.7 |
3,000 |
|
|
Subsidiary |
Sydney, NSW |
Australia |
Computer Services |
|
490 |
|
|
Subsidiary |
Wellington |
New Zealand |
Computer Hardware |
25.7 |
450 |
|
|
Subsidiary |
Sydney, NSW |
Australia |
Software and Programming |
|
270 |
|
|
Subsidiary |
North Sydney, NSW |
Australia |
Computer Hardware |
|
200 |
|
|
Subsidiary |
Wellington, Wellington |
New Zealand |
Communications Equipment |
|
|
|
|
Subsidiary |
Dong Nai Province |
Viet Nam |
Computer Hardware |
|
2,800 |
|
|
Subsidiary |
Fujitsu |
Finland |
Computer Services |
516.5 |
2,690 |
|
|
Subsidiary |
Helsinki |
Finland |
Computer Services |
101.6 |
371 |
|
|
Subsidiary |
Pathumyhani |
Thailand |
Computer Hardware |
1,079.6 |
2,500 |
|
|
Subsidiary |
Turner , ACT |
Australia |
Software and Programming |
|
2,500 |
|
|
Subsidiary |
North Sydney, NSW |
Australia |
Computer Services |
|
|
|
|
Subsidiary |
Minato-ku |
Japan |
Software and Programming |
360.2 |
2,107 |
|
|
Subsidiary |
Beijing |
China |
Software and Programming |
|
|
|
|
Subsidiary |
Fukushima |
Japan |
Electronic Instruments and Controls |
|
2,020 |
|
|
Subsidiary |
Shinagawa-ku, Tokyo |
Japan |
Software and Programming |
|
1,902 |
|
|
Subsidiary |
Shinagawa-Ku, Tokyo |
Japan |
Construction Services |
|
1,829 |
|
|
Subsidiary |
Pozuelo De Alarcon, Madrid |
Spain |
Computer Services |
387.2 |
1,719 |
|
|
Subsidiary |
Helsinki |
Finland |
Software and Programming |
390.7 |
1,595 |
|
|
Subsidiary |
Helsinki |
Finland |
Computer Services |
70.6 |
552 |
|
|
Affiliates |
Chonburi |
Thailand |
Miscellaneous Capital Goods |
437.7 |
1,323 |
|
|
Subsidiary |
Neckarsulm |
Germany |
Software and Programming |
173.9 |
1,314 |
|
|
Subsidiary |
Neckarsulm, Baden-Württemberg |
Germany |
Computer Services |
37.4 |
300 |
|
|
Subsidiary |
Kawasaki-shi |
Japan |
Healthcare Facilities |
|
1,300 |
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Electronic Instruments and Controls |
982.0 |
1,001 |
|
|
Subsidiary |
Kawasaki-Shi, Kanagawa |
Japan |
Communications Equipment |
|
961 |
|
|
Subsidiary |
Osaka-shi, Osaka |
Japan |
Software and Programming |
|
801 |
|
|
Subsidiary |
Date |
Japan |
Appliance and Tool |
1,157.2 |
788 |
|
|
Subsidiary |
Kobe |
Japan |
Audio and Video Equipment |
368.5 |
783 |
|
|
Subsidiary |
Torrance, CA |
United States |
Audio and Video Equipment |
175.0 |
115 |
|
|
Branch |
Plymouth, MI |
United States |
Electronic Instruments and Controls |
35.9 |
176 |
|
|
Subsidiary |
Bangkok, Bangkok |
Thailand |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Kista |
Sweden |
Computer Hardware |
179.9 |
768 |
|
|
Subsidiary |
Laguna |
Philippines |
Audio and Video Equipment |
204.2 |
750 |
|
|
Joint Venture |
Shah Alam, Selangor |
Malaysia |
Miscellaneous Capital Goods |
|
750 |
|
|
Subsidiary |
Shinagawa-ku, Tokyo |
Japan |
Semiconductors |
|
750 |
|
|
Subsidiary |
Suzaka-Shi, Nagano |
Japan |
Electronic Instruments and Controls |
|
731 |
|
|
Subsidiary |
Tokyo |
Japan |
Electronic Instruments and Controls |
|
723 |
|
|
Subsidiary |
Shinagwa-ku |
Japan |
Computer Services |
1,207.9 |
702 |
|
|
Subsidiary |
Tokyo |
Japan |
Advertising |
|
23 |
|
|
Subsidiary |
Kita Oomori |
Japan |
Advertising |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Business Services |
|
|
|
|
Subsidiary |
Laguna |
Philippines |
Miscellaneous Capital Goods |
64.9 |
700 |
|
|
Subsidiary |
Kawasaki |
Japan |
Software and Programming |
401.9 |
693 |
|
|
Subsidiary |
Aichi |
Japan |
Electronic Instruments and Controls |
|
650 |
|
|
Subsidiary |
Birmingham |
United Kingdom |
Miscellaneous Capital Goods |
187.7 |
592 |
|
|
Subsidiary |
Seoul, Seoul |
Korea, Republic of |
Computer Hardware |
|
586 |
|
|
Subsidiary |
Makati City |
Philippines |
Computer Hardware |
39.9 |
580 |
|
|
Subsidiary |
Yokohama-shi, Kanagawa |
Japan |
Fabricated Plastic and Rubber |
|
575 |
|
|
Subsidiary |
Ota-ku, Tokyo |
Japan |
Schools |
|
545 |
|
|
Subsidiary |
Klongtoey, Bangkok |
Thailand |
Miscellaneous Capital Goods |
73.6 |
500 |
|
|
Subsidiary |
Singapore |
Singapore |
Computer Networks |
206.7 |
350 |
|
|
Subsidiary |
Johannesburg |
South Africa |
Software and Programming |
150.0 |
350 |
|
|
Subsidiary |
Quarry Bay, Hong Kong Island |
Hong Kong |
Software and Programming |
90.0 |
350 |
|
|
Subsidiary |
Jiangsu Province, Nanjing |
China |
Software and Programming |
80.0 |
350 |
|
|
Joint Venture |
Maarssen, Utrecht |
Netherlands |
Computer Hardware |
154.1 |
349 |
|
|
Subsidiary |
Asnieres Sur Seine |
France |
Software and Programming |
80.3 |
532 |
|
|
Subsidiary |
Shinjuku-Ku, Tokyo |
Japan |
Miscellaneous Capital Goods |
|
331 |
|
|
Subsidiary |
|
|
|
244.6 |
302 |
|
|
Subsidiary |
Langen |
Germany |
Semiconductors |
214.5 |
300 |
|
|
Subsidiary |
Shioya-gun, Tochigi |
Japan |
Miscellaneous Capital Goods |
|
300 |
|
|
Subsidiary |
Yokohama-Shi, Kanagawa |
Japan |
Software and Programming |
|
258 |
|
|
Subsidiary |
Richardson, TX |
United States |
Software and Programming |
350.0 |
250 |
|
|
Subsidiary |
Jakarta |
Indonesia |
Office Equipment |
|
250 |
|
|
Subsidiary |
Taipei |
Taiwan |
Miscellaneous Fabricated Products |
6,282.5 |
210 |
|
|
Subsidiary |
Singapore |
Singapore |
Electronic Instruments and Controls |
54.0 |
200 |
|
|
Subsidiary |
São Paulo, SP |
Brazil |
Rental and Leasing |
43.0 |
200 |
|
|
Subsidiary |
Selangor |
Malaysia |
Software and Programming |
30.0 |
200 |
|
|
Joint Venture |
Bruxelles |
Belgium |
Computer Hardware |
182.1 |
188 |
|
|
Subsidiary |
Edmonton, AB |
Canada |
Business Services |
54.5 |
180 |
|
|
Subsidiary |
Calgary, AB |
Canada |
Business Services |
49.0 |
160 |
|
|
Subsidiary |
Hillerup |
Denmark |
Computer Hardware |
46.2 |
152 |
|
|
Subsidiary |
Tottori-Shi, Tottori |
Japan |
Software and Programming |
|
140 |
|
|
Joint Venture |
Oslo |
Norway |
Computer Hardware |
113.8 |
122 |
|
|
Subsidiary |
Hayes |
United Kingdom |
Computer Hardware |
130.6 |
113 |
|
|
Subsidiary |
Ballerup |
Denmark |
Computer Hardware |
102.7 |
96 |
|
|
Subsidiary |
München |
Germany |
Computer Hardware |
228.0 |
50 |
|
|
Branch |
Ballerup |
Denmark |
Computer Hardware |
179.6 |
50 |
|
|
Subsidiary |
Takamatsu-shi, Kagawa |
Japan |
Software and Programming |
|
113 |
|
|
Subsidiary |
El Segundo, CA |
United States |
Software and Programming |
55.0 |
100 |
|
|
Subsidiary |
Chaoyang District, Beijing |
China |
Software and Programming |
23.0 |
100 |
|
|
Subsidiary |
Singapore |
Singapore |
Office Equipment |
27.0 |
60 |
|
|
Subsidiary |
Muang, Nonthaburi |
Thailand |
Electronic Instruments and Controls |
|
60 |
|
|
Subsidiary |
München |
Germany |
Office Equipment |
237.7 |
50 |
|
|
Subsidiary |
Hanoi |
Viet Nam |
Software and Programming |
|
50 |
|
|
Subsidiary |
Frenchs Forest, NSW |
Australia |
Software and Programming |
3.3 |
45 |
|
|
Subsidiary |
New Delhi, New Delhi |
India |
Communications Services |
|
40 |
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Capital Goods |
68.5 |
30 |
|
|
Subsidiary |
Boucherville, QC |
Canada |
Engineering Consultants |
7.9 |
30 |
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Computer Hardware |
175.0 |
25 |
|
|
Subsidiary |
Diegem |
Belgium |
Computer Services |
24.1 |
25 |
|
|
Subsidiary |
Sao Paulo, Sao Paulo |
Brazil |
Office Equipment |
43.0 |
23 |
|
|
Subsidiary |
Singapore |
Singapore |
Electronic Instruments and Controls |
|
22 |
|
|
Joint Venture |
Linda-a-Velha |
Portugal |
Computer Hardware |
76.1 |
20 |
|
|
Subsidiary |
Abu Dhabi |
United Arab Emirates |
Computer Services |
12.0 |
15 |
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Capital Goods |
85.8 |
14 |
|
|
Joint Venture |
Maarssen |
Netherlands |
Computer Hardware |
7,374.9 |
|
|
|
Subsidiary |
London |
United Kingdom |
Computer Hardware |
290.8 |
470 |
|
|
Subsidiary |
München |
Germany |
Computer Hardware |
4,199.5 |
6,800 |
|
|
Subsidiary |
Kista, Stockholm |
Sweden |
Software and Programming |
164.4 |
214 |
|
|
Subsidiary |
Bucharest |
Romania |
Office Equipment |
54.0 |
100 |
|
|
Subsidiary |
Dubai |
United Arab Emirates |
Office Equipment |
|
|
|
|
Subsidiary |
Roissy Charles de Gaulle |
France |
Computer Hardware |
166.7 |
150 |
|
|
Subsidiary |
Luxembourg-Hamm |
Luxembourg |
Computer Services |
|
140 |
|
|
Subsidiary |
Dublin |
Ireland |
Computer Hardware |
70.7 |
48 |
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Modderfontein |
South Africa |
Computer Hardware |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
Subsidiary |
Warszawa |
Poland |
Computer Hardware |
107.4 |
416 |
|
|
Subsidiary |
Vimodrone, MI |
Italy |
Computer Hardware |
|
270 |
|
|
Subsidiary |
Wien |
Austria |
Computer Hardware |
372.3 |
225 |
|
|
Subsidiary |
Lisboa |
Portugal |
Computer Networks |
42.2 |
150 |
|
|
Dts -
Sociedade Açoreana De Desenvolvimento De Tecnologias E Serviços, S.A. |
Subsidiary |
Ponta Delgada |
Portugal |
Retail (Specialty) |
3.4 |
14 |
|
Subsidiary |
Regensdorf |
Switzerland |
Software and Programming |
22.1 |
58 |
|
|
Fujitsu
Technology Solutions Kereskedelmi és Szolgáltató Kft |
Subsidiary |
Budapest, 06 40 200 440 |
Hungary |
Computer Hardware |
30.0 |
40 |
|
Subsidiary |
München, Bayern |
Germany |
Miscellaneous Capital Goods |
|
1 |
|
|
Subsidiary |
Istanbul |
Turkey |
Computer Hardware |
|
|
|
|
Subsidiary |
Kanagawa |
Japan |
Electronic Instruments and Controls |
1,750.0 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Rental and Leasing |
1,100.0 |
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Computer Hardware |
338.5 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Electronic Instruments and Controls |
282.2 |
|
|
|
Subsidiary |
Kawasaki |
Japan |
Software and Programming |
275.5 |
|
|
|
Subsidiary |
Kahoku |
Japan |
Business Services |
125.1 |
|
|
|
Subsidiary |
Shanghai |
China |
Software and Programming |
|
250 |
|
|
Subsidiary |
Sesto San Giovanni, MI |
Italy |
Computer Peripherals |
12.0 |
11 |
|
|
Subsidiary |
Singapore |
Singapore |
Computer Hardware |
3.0 |
8 |
|
|
Subsidiary |
Batam, Riau |
Indonesia |
Business Services |
|
|
|
|
Subsidiary |
Belfast |
United Kingdom |
|
80.1 |
|
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Financial Services |
2.5 |
11 |
|
|
Subsidiary |
Haryana |
India |
Software and Programming |
1.8 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Software and Programming |
1.0 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Electronic Instruments and Controls |
1.0 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Advertising |
1.0 |
|
|
|
Subsidiary |
Fuzhou, Fu Jian |
China |
Software and Programming |
0.0 |
|
|
|
Branch |
Kawasaki |
Japan |
Computer Hardware |
|
|
|
|
Subsidiary |
Kowloon, Kowloon |
Hong Kong |
Semiconductors |
|
|
|
|
Subsidiary |
Taipei |
Taiwan |
Communications Equipment |
|
|
|
|
Subsidiary |
Suzhou |
China |
Electronic Instruments and Controls |
|
|
|
|
Affiliates |
Taipei |
Taiwan |
Communications Equipment |
|
|
|
|
Subsidiary |
Ba Dinh District, Hanoi |
Viet Nam |
Office Equipment |
|
|
|
|
Subsidiary |
Shanghai |
China |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Xi'an |
China |
Engineering Consultants |
|
|
|
|
Subsidiary |
Tijuana |
Mexico |
Software and Programming |
|
|
|
|
Subsidiary |
Hook |
United Kingdom |
Commercial Banks |
|
|
|
|
Subsidiary |
Beijing |
China |
Engineering Consultants |
|
|
|
|
Subsidiary |
Jakarta, Jakarta |
Indonesia |
Communications Equipment |
|
|
|
|
Subsidiary |
Beijing |
China |
Biotechnology and Drugs |
|
|
|
|
Subsidiary |
Fukuoka |
Japan |
Software and Programming |
|
|
|
|
Subsidiary |
Krakow |
Poland |
Software and Programming |
|
|
|
|
Subsidiary |
Dubai |
United Arab Emirates |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Sofia |
Bulgaria |
Office Equipment |
|
|
|
|
Subsidiary |
Nassau |
Bahamas |
Software and Programming |
|
|
|
|
Subsidiary |
St Michael |
Barbados |
Software and Programming |
|
|
|
|
Subsidiary |
Algiers |
Algeria |
Software and Programming |
|
|
|
|
Subsidiary |
Athens |
Greece |
Software and Programming |
|
|
|
|
Subsidiary |
|
Jamaica |
Business Services |
|
|
|
|
Subsidiary |
Riga |
Latvia |
Office Equipment |
|
|
|
|
Subsidiary |
Immeuble Casablanca Business centre, Casablanca |
Morocco |
Software and Programming |
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Software and Programming |
|
|
|
|
Subsidiary |
Sriracha, Chonburi |
Thailand |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Dubai |
United Arab Emirates |
Software and Programming |
|
|
|
|
Subsidiary |
Shanghai |
China |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Prague |
Czech Republic |
Software and Programming |
|
|
|
|
Subsidiary |
Roissy |
France |
Software and Programming |
|
|
|
|
Subsidiary |
Kanagawa |
Japan |
Electronic Instruments and Controls |
|
|
|
|
Subsidiary |
Kanagawa |
Japan |
Electronic Instruments and Controls |
|
526 |
|
|
Subsidiary |
Kanagawa |
Japan |
Electronic Instruments and Controls |
|
380 |
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Appliance and Tool |
|
|
|
|
Subsidiary |
Oslo |
Norway |
Software and Programming |
|
|
|
|
Subsidiary |
Nanjing |
China |
Software and Programming |
|
|
|
|
Subsidiary |
Canberra, ACT |
Australia |
Paper and Paper Products |
|
|
Competitors Report
|
Company Name |
Location |
Employees |
Ownership |
|
Alcatel-Lucent |
Paris, France |
79,796 |
Public |
|
CANON INC. |
Ohta-ku, Japan |
198,572 |
Public |
|
Cisco Systems, Inc. |
San Jose, California, United States |
70,700 |
Public |
|
Dell Inc. |
Round Rock, Texas, United States |
100,300 |
Public |
|
FUJIFILM Holdings Corp |
Minato-ku, Japan |
78,862 |
Public |
|
Hewlett-Packard Company |
Palo Alto, California, United States |
324,600 |
Public |
|
Hitachi, Ltd. |
Chiyoda-ku, Japan |
361,745 |
Public |
|
Infineon Technologies AG |
Neubiberg, Germany |
25,149 |
Public |
|
Intel Corporation |
Santa Clara, California, United States |
96,500 |
Public |
|
International Business Machines Corp. |
Armonk, New York, United States |
426,751 |
Public |
|
Koninklijke Philips Electronics NV |
Amsterdam, Netherlands |
123,857 |
Public |
|
Micron Technology, Inc. |
Boise, Idaho, United States |
25,900 |
Public |
|
Mitsubishi Electric Corporation |
Chiyoda-ku, Japan |
114,443 |
Public |
|
Motorola Solutions Inc |
Schaumburg, Illinois, United States |
32,000 |
Public |
|
NEC Corporation |
Minato-ku, Japan |
115,840 |
Public |
|
Nokia Oyj |
Espoo, Finland |
138,634 |
Public |
|
Oki Electric Cable Co., Ltd. |
Kawasaki-shi, Japan |
415 |
Public |
|
Oracle Corporation |
Redwood City, California, United States |
108,429 |
Public |
|
Panasonic Corporation |
Kadoma, Japan |
365,899 |
Public |
|
RICOH COMPANY,LTD. |
Tokyo, Japan |
109,014 |
Public |
|
Samsung Electronics Co., Ltd. |
Seoul, Korea, Republic of |
100,453 |
Public |
|
Seagate Technology PLC |
Dublin, Ireland |
52,700 |
Public |
|
Sharp Corporation |
Abeno-ku, Japan |
55,580 |
Public |
|
Siemens AG |
Munich, Germany |
353,000 |
Public |
|
SONY CORPORATION |
Minato-ku, Japan |
168,200 |
Public |
|
Telefonaktiebolaget LM Ericsson |
Stockholm, Sweden |
97,929 |
Public |
|
Texas Instruments Incorporated |
Dallas, Texas, United States |
28,412 |
Public |
|
TOSHIBA CORPORATION |
Minato-ku, Japan |
202,638 |
Public |
|
Unisys Corporation |
Blue Bell, Pennsylvania, United States |
22,900 |
Public |
Executive report
|
Board of
Directors |
|
|
|
|
|||||
|
Chairman of the Board, Representative Director |
Chairman |
|
|||||
|
||||||||
|
Vice Chairman |
Vice-Chairman |
|
|
||||
|
Director |
Director/Board Member |
|
|
||||
|
Senior Executive Vice President |
Director/Board Member |
|
|
||||
|
Independent Director |
Director/Board Member |
|
|
||||
|
||||||||
|
Independent Director |
Director/Board Member |
|
|
||||
|
||||||||
|
Chief Financial Officer, Senior Managing Executive Officer, Director |
Director/Board Member |
|
|
||||
|
||||||||
|
Senior Managing Executive Officer, Chief Strategy Officer, Director |
Director/Board Member |
|
|
||||
|
||||||||
|
Independent Director |
Director/Board Member |
|
|
||||
|
||||||||
|
Director |
Director/Board Member |
|
|
||||
|
Director |
Director/Board Member |
|
|
||||
|
||||||||
|
Independent Director |
Director/Board Member |
|
|
||||
|
||||||||
|
Senior Executive Vice President |
Director/Board Member |
|
|
||||
|
Director |
Director/Board Member |
|
|
||||
|
Executives |
|
|
|
|
|||||
|
President |
President |
|
|||||
|
||||||||
|
Deputy General Manager-Marketing |
Division Head Executive |
|
|
||||
|
Executive Officer-Media Charge |
Division Head Executive |
|
|
||||
|
Co-Vice President-Operations |
Operations Executive |
|
|
||||
|
Co-Auditor |
Finance Executive |
|
|
||||
|
Chief Financial Officer, Senior Managing Executive Officer, Director |
Finance Executive |
|
|
||||
|
||||||||
|
Co-Auditor |
Finance Executive |
|
|
||||
|
Co-Auditor |
Finance Executive |
|
|
||||
|
Co-Auditor |
Finance Executive |
|
|
||||
|
Co-Auditor |
Finance Executive |
|
|
||||
|
Managing Executive Officer, Chief Director of the Tokyo Metropolitan
Area Sales, Chief Director of Mid-Level Solution Business |
Sales Executive |
|
|
||||
|
Managing Executive Officer, Chief Director of Kyushu Sales |
Sales Executive |
|
|
||||
|
Co-Executive Officer-Solution |
Planning Executive |
|
|
||||
|
Executive Officer, Chief Director of Platform Buisness Promotion |
Other |
|
|
||||
|
Senior Executive Vice President |
Other |
|
|
||||
|
Senior Executive Vice President |
Other |
|
|
||||
|
||||||||
|
Senior Vice President |
Other |
|
|
||||
|
Executive Officer, Chief Director of Health Care Solution Business |
Other |
|
|
||||
|
Managing Executive Officer |
Other |
|
|
||||
|
Executive Officer |
Other |
|
|
||||
|
Corporate Vice President |
Other |
|
|
||||
|
Executive Officer |
Other |
|
|
||||
|
Exec VP-Assurance Grp |
Other |
|
|
||||
|
Executive Officer, Chief Director of Business Innovation |
Other |
|
|
||||
|
Executive Officer, Chief Director of Personal Business |
Other |
|
|
||||
|
Executive Officer |
Other |
|
|
||||
|
Senior Executive Vice President |
Other |
|
|
||||
|
||||||||
|
Executive Officer |
Other |
|
|
||||
|
Senior Executive Vice President |
Other |
|
|
||||
|
||||||||
|
Senior Vice Presidents |
Other |
|
|
||||
|
Managing Executive Officer |
Other |
|
|
||||
|
Executive Officer, Chief Director of IA Server Business |
Other |
|
|
||||
|
Executive Officer |
Other |
|
|
||||
|
Executive Officer |
Other |
|
|
||||
|
Corporate Vice President |
Other |
|
|
||||
|
Managing Executive Officer |
Other |
|
|
||||
|
Senior Vice President |
Other |
|
|
||||
|
Executive Officer, Chief Director of Credit and Lease Solution
Business |
Other |
|
|
||||
|
Corporate Senior Vice President |
Other |
|
|
||||
|
Executive Officer |
Other |
|
|
||||
|
Senior Vice President |
Other |
|
|
||||
|
Executive Officer |
Other |
|
|
||||
|
Corporate Vice President |
Other |
|
|
||||
|
Managing Executive Officer |
Other |
|
|
||||
|
Corporate First Senior Vice President and Head of Group Management |
Other |
|
|
||||
|
Executive Officer |
Other |
|
|
||||
|
Corporate Vice President |
Other |
|
|
||||
|
Executive Officer, Chief Director of Personal Business |
Other |
|
|
||||
|
Executive Officer |
Other |
|
|
||||
|
||||||||
|
Senior Executive Vice President |
Other |
|
|
||||
|
||||||||
|
Managing Executive Officer |
Other |
|
|
||||
|
Vice President |
Other |
|
|
||||
|
Executive Officer |
Other |
|
|
||||
|
Executive Officer |
Other |
|
|
||||
|
Managing Executive Officer |
Other |
|
|
||||
|
Managing Executive Officer, Chief Director of Enterprise Server
Business |
Other |
|
|
||||
|
Executive Officer |
Other |
|
|
||||
|
Corporate Vice President |
Other |
|
|
||||
|
Vice President |
Other |
|
|
||||
|
Executive Officer |
Other |
|
|
||||
|
Corporate Vice President |
Other |
|
|
||||
|
Managing Executive Officer |
Other |
|
|
||||
|
Managing Executive Officer, Manager of Global Business Group, CEO of
Subsidiary |
Other |
|
|
||||
|
Executive Officer |
Other |
|
|
||||
|
Executive Officer |
Other |
|
|
||||
|
Corporate Vice President |
Other |
|
|
||||
|
Managing Executive Officer |
Other |
|
|
||||
|
Executive Officer, Chief Director of Legal Affairs |
Other |
|
|
||||
Significant
Developments
NTT DoCoMo, Inc.,
FUJITSU LIMITED And Others To Make Smartphone Chips With Samsung Electronics
Co., Ltd.-Reuters Sep 13, 2011
Reuters reported
that NTT DoCoMo, Inc. and other Japanese firms will partner South Korea's
Samsung Electronics Co., Ltd. to develop key chips for next-generation
smartphones to reduce reliance on Qualcomm Inc, the Nikkei business daily
reported. The companies including FUJITSU LIMITED, NEC Corporation and
Panasonic Corporation's unit Panasonic Mobile Communications Co, are in talks
to form a joint venture next year to develop chips that control wireless
communications and signals. Qualcomm has about 80 percent of the market for
such semiconductors, known as baseband chips, the Nikkei said. DoCoMo is to
take a majority stake in the joint venture, to be capitalised at about 30
billion yen ($389.6 million) and headquartered in Japan. The venture expects to
use the chips in the partners' own smartphones and to sell to other handset
manufacturers.
FUJITSU LIMITED Announces Dissolution of Subsidiary
Aug 25, 2011
FUJITSU LIMITED
announced that it has decided to dissolve a subsidiary called Fujitsu
International Finance (Netherlands) B.V. The liquidation is expected to be
completed on Marchc 31, 2012.
FUJITSU LIMITED Issues FY 2012 Outlook-DJ Jul 27,
2011
DJ reported that
FUJITSU LIMITED has issued its consolidated mid-year outlook for revenue of JPY
2.10 trillion, operating profit of JPY 5.00 billion, pretax profit, net profit
and earning per share of undetermined values, for the fiscal year ending March
2012. The Company also issued its consolidated full-year outlook for revenue of
JPY 4.60 trillion, operating profit of JPY 135.00 billion, pretax profit of JPY
120.00 billion, net profit of JPY 60.00 billion and earning per share of JPY
28.99 for the fiscal year ending March 2012. According to I/B/E/S Estimates,
analysts on average are expecting the Company to report full-year revenue of
JPY 4,542.84 billion and net profit of JPY 65.66 billion.
FUJITSU LIMITED to Issue Unsecured Bonds Jul 08,
2011
FUJITSU LIMITED
announced that it will issue JPY 20,000 million 28th series unsecured bonds,
each with a face value of JPY 100 million. The details regarding the bond issue
are as follows: maturity on July 15, 2014, interest rate 0.398%. The Company
will also issue JPY 30,000 million 29th series unsecured bonds, each with a
face value of JPY 100 million. The details regarding the bond issue are as
follows: maturity on July 15, 2016, interest rate 0.623%.
FUJITSU LIMITED Issues Consolidated Mid-year and
Full-year Guidance for FY 2012; Issues Mid-year and Year-end Dividend Forecasts
for FY 2012
Jun 17, 2011
FUJITSU LIMITED
announced that it has issued the consolidated mid-year guidance for revenue of
JPY 2,100 billion, operating profit of JPY 5 billion, ordinary profit of JPY 0,
net profit of JPY 0 and earning per share of JPY 0 for the fiscal year ending
March 31, 2012. The Company has issued the consolidated full-year guidance for
revenue of JPY 4,600 billion, operating profit of JPY 135 billion, ordinary
profit of JPY 120 billion, net profit of JPY 60 billion and earning per share
of JPY 28.99 for the fiscal year ending March 31, 2012. The Company has issued
the mid-year dividend forecast of JPY 5 per share and year-end dividend
forecast of JPY 5 per share for the fiscal year ending March 31, 2012.
According to Reuters Estimates, analysts on average were expecting the Company
to report full-year revenue of JPY 4,550,000 million, operating profit of JPY
139,000 million and net profit of JPY 69,000 million.
FUJITSU LIMITED Issues Consolidated Mid-year and
Full-year Guidance for FY 2012; Issues Mid-year and Year-end Dividend Forecasts
for FY 2012 Jun 17, 2011
FUJITSU LIMITED
announced that it has issued the consolidated mid-year guidance for revenue of
JPY 2,100 billion, operating profit of JPY 5 billion, ordinary profit of JPY 0,
net profit of JPY 0 and earning per share of JPY 0 for the fiscal year ending
March 31, 2012. The Company has issued the consolidated full-year guidance for
revenue of JPY 4,600 billion, operating profit of JPY 135 billion, ordinary
profit of JPY 120 billion, net profit of JPY 60 billion and earning per share
of JPY 28.99 for the fiscal year ending March 31, 2012. The Company has issued
the mid-year dividend forecast of JPY 5 per share and year-end dividend
forecast of JPY 5 per share for the fiscal year ending March 31, 2012. According
to Reuters Estimates, analysts on average were expecting the Company to report
full-year revenue of JPY 4,550,000 million, operating profit of JPY 139,000
million and net profit of JPY 69,000 million.
FUJITSU LIMITED
Delivers A Standardized Global Legacy Modernization Solution May 26, 2011
FUJITSU LIMITED
announced the launch of its Global Legacy Modernization Solution.
FUJITSU LIMITED
Delivers A Standardized Global Legacy Modernization Solution May 26, 2011
FUJITSU LIMITED
announced the launch of its Global Legacy Modernization Solution. FUJITSU LIMITED to Issue Year-end Dividend
for FY 2011 May 23, 2011
FUJITSU LIMITED
announced that it has decided to issue a year-end dividend for JPY 5 per share,
in line with the latest forecast of JPY 5 per share, disclosed on April 28,
2011, to all the shareholders of record as of March 31, 2011, effective June 1,
2011.
FUJITSU LIMITED to
Issue Year-end Dividend for FY 2011 May 23, 2011
FUJITSU LIMITED
announced that it has decided to issue a year-end dividend for JPY 5 per share,
in line with the latest forecast of JPY 5 per share, disclosed on April 28,
2011, to all the shareholders of record as of March 31, 2011, effective June 1,
2011.
FUJITSU LIMITED to
Issue Year-end Dividend for FY 2011 Apr 28, 2011
FUJITSU LIMITED
announced that it decided to issue a year-end dividend of JPY 5 per share, in
line with the latest forecast of JPY 5 per share disclosed on April 30, 2010,
to all the shareholders of record as of March 31, 2011.
FUJITSU LIMITED to
Issue Year-end Dividend for FY 2011 Apr 28, 2011
FUJITSU LIMITED
announced that it decided to issue a year-end dividend of JPY 5 per share, in
line with the latest forecast of JPY 5 per share disclosed on April 30, 2010,
to all the shareholders of record as of March 31, 2011.
FUJITSU LIMITED
Announces Changes in Shareholding Structure Apr 08, 2011
FUJITSU LIMITED
announced that Fuji Electric Holdings Co., Ltd. has increased the voting rights
of FUJITSU LIMITED, from 94,663 voting rights (4.61%) to 210,581 voting rights
(10.26%), effective April 1, 2011.
FUJITSU LIMITED
Announces Changes in Shareholding Structure Apr 08, 2011
FUJITSU LIMITED
announced that Fuji Electric Holdings Co., Ltd. has increased the voting rights
of FUJITSU LIMITED, from 94,663 voting rights (4.61%) to 210,581 voting rights
(10.26%), effective April 1, 2011.
OPENLiMiT Holding
AG Signs Partnership Agreement with RA MICRO GmbH and Fujitsu Limited Mar 02,
2011
OPENLiMiT Holding
AG announced that it has signed partnership agreement related to the
integration of the software solution Fujitsu SecDocs with RA MICRO GmbH and
Fujitsu Limited. RA MICRO GmbH will be able to offer BSI-certified solution for
long-term storage based on a middleware solution Fujitsu SecDocs developed in cooperation
with OPENLiMiT Holding AG.
OPENLiMiT Holding
AG Signs Partnership Agreement with RA MICRO GmbH and Fujitsu Limited Mar 02,
2011
OPENLiMiT Holding
AG announced that it has signed partnership agreement related to the
integration of the software solution Fujitsu SecDocs with RA MICRO GmbH and
Fujitsu Limited. RA MICRO GmbH will be able to offer BSI-certified solution for
long-term storage based on a middleware solution Fujitsu SecDocs developed in
cooperation with OPENLiMiT Holding AG.
Tagetik Announces
Partnership With Fujitsu Limited Feb 10, 2011
Tagetik announced
an agreement with Fujitsu Limited to resell its XBRL software, Interstage
XWand.
Tagetik Announces
Partnership With Fujitsu Limited Feb 10, 2011
Tagetik announced
an agreement with Fujitsu Limited to resell its XBRL software, Interstage
XWand.
Fujitsu Limited
and Oracle Corporation Strengthen Decades-Long Relationship Feb 09, 2011
Fujitsu Limited
and Oracle Corporation announced that they are strengthening a multi-decade
partnership with the extension of their SPARC development relationship, an
expansive, new product distribution agreement and a commitment to further joint
engineering, marketing and sales promotion efforts. Oracle and Fujitsu will
advance joint engineering efforts to help ensure Oracle and Fujitsu products
are optimized and tested to best run Oracle software in mission critical
environments. The companies previously announced (December 2, 2010) a new
unified enclosure design featuring logos of both companies for the Oracle and
Fujitsu SPARC Enterprise M-series servers. Oracle and Fujitsu have also made
available a roadmap of M-series servers that provides 15 times better
performance in the next three years. These new developments will further ensure
these milestones are met. Moving forward, sales teams from both Oracle and
Fujitsu are now aligned to jointly sell SPARC Enterprise servers. This will
help to ensure ongoing continuity while continuing to improve customer
satisfaction. Additionally, Fujitsu signed a new Oracle PartnerNetwork
distribution agreement giving Fujitsu the ability to resell and distribute
Oracle products across the full Oracle portfolio. This permits Fujitsu to act
as a systems integrator and solution provider for the overall Oracle stack.
Fujitsu Limited
and Oracle Corporation Strengthen Decades-Long Relationship Feb 09, 2011
Fujitsu Limited
and Oracle Corporation announced that they are strengthening a multi-decade
partnership with the extension of their SPARC development relationship, an expansive,
new product distribution agreement and a commitment to further joint
engineering, marketing and sales promotion efforts. Oracle and Fujitsu will
advance joint engineering efforts to help ensure Oracle and Fujitsu products
are optimized and tested to best run Oracle software in mission critical
environments. The companies previously announced (December 2, 2010) a new
unified enclosure design featuring logos of both companies for the Oracle and
Fujitsu SPARC Enterprise M-series servers. Oracle and Fujitsu have also made
available a roadmap of M-series servers that provides 15 times better
performance in the next three years. These new developments will further ensure
these milestones are met. Moving forward, sales teams from both Oracle and
Fujitsu are now aligned to jointly sell SPARC Enterprise servers. This will
help to ensure ongoing continuity while continuing to improve customer
satisfaction. Additionally, Fujitsu signed a new Oracle PartnerNetwork
distribution agreement giving Fujitsu the ability to resell and distribute
Oracle products across the full Oracle portfolio. This permits Fujitsu to act
as a systems integrator and solution provider for the overall Oracle stack.
FUJITSU LIMITED
Announces MB39C326 Power Management IC Feb 03, 2011
FUJITSU LIMITED's
Fujitsu Semiconductor America, Inc. (FSA) announced the Fujitsu MB39C326 power
management IC (PMIC), a high-efficiency buck-boost DC/DC converter that
operates at 6MHz. The Fujitsu MB39C326 PMIC is designed to power the radio
frequency power amplifiers (RFPAs) in mobile handsets and other mobile products
that use a single-cell Li-ion battery. The converter switches at 6MHz compared
with the 2 to 3MHz or lower switching rates of conventional converters,
enabling designers to use a smaller inductor.
FUJITSU LIMITED
Announces MB39C326 Power Management IC Feb 03, 2011
FUJITSU LIMITED's
Fujitsu Semiconductor America, Inc. (FSA) announced the Fujitsu MB39C326 power
management IC (PMIC), a high-efficiency buck-boost DC/DC converter that
operates at 6MHz. The Fujitsu MB39C326 PMIC is designed to power the radio
frequency power amplifiers (RFPAs) in mobile handsets and other mobile products
that use a single-cell Li-ion battery. The converter switches at 6MHz compared
with the 2 to 3MHz or lower switching rates of conventional converters,
enabling designers to use a smaller inductor.
Larsen &
Toubro Limited Looking To Sell Infotech Unit Stake, FUJITSU LIMITED Interest In
Stake-DJ Jan 28, 2011
Dow Jones reported
that Larsen & Toubro Limited is looking to sell a stake in software unit
L&T Infotech, the Economic Times reported on Friday, adding that Japan's
FUJITSU LIMITED has shown interest. The newspaper said the Company is talking
to merchant bankers and has also held discussions with a banker representing a
potential bidder. The report didn't give details of the size of the stake or
its value
Larsen &
Toubro Limited Looking To Sell Infotech Unit Stake, FUJITSU LIMITED Interest In
Stake-DJ Jan 28, 2011
Dow Jones reported
that Larsen & Toubro Limited is looking to sell a stake in software unit
L&T Infotech, the Economic Times reported on Friday, adding that Japan's
FUJITSU LIMITED has shown interest. The newspaper said the Company is talking
to merchant bankers and has also held discussions with a banker representing a
potential bidder. The report didn't give details of the size of the stake or
its value.
FUJITSU LIMITED
Lowers Consolidated Full-year Outlook for FY Ending March 2011-KABDAS Express
Jan 28, 2011
KABDAS ed that
FUJITSU LIMITED has lowered its consolidated full-year operating profit outlook
from JPY 185 billion to JPY 145 billion, for the fiscal year ending March 2011.
The Company lowered the outlook due to the delayed recovery of the information
technology investment. According to Reuters Estimates, analysts on average are
expecting the Company to report full-year revenue of JPY 4,670,098.60 million
and net profit of JPY 90,328.80 million.
FUJITSU LIMITED
Lowers Consolidated Full-year Outlook for FY Ending March 2011-KABDAS Express
Jan 28, 2011
KABDAS Express
reported that FUJITSU LIMITED has lowered its consolidated full-year operating
profit outlook from JPY 185 billion to JPY 145 billion, for the fiscal year
ending March 2011. The Company lowered the outlook due to the delayed recovery
of the information technology investment. According to Reuters Estimates,
analysts on average are expecting the Company to report full-year revenue of
JPY 4,670,098.60 million and net profit of JPY 90,328.80 million.
R&I Affirms Rating on FUJITSU LIMITED at "A+"; Rating
Outlook Stable Jan 21, 2011
Rating and
Investment Information, Inc. (R&I) announced that it has affirmed the
rating on FUJITSU LIMITED at "A+". The rating outlook is stable.
R&I Affirms
Rating on FUJITSU LIMITED at "A+"; Rating Outlook Stable Jan 21, 2011
Rating and
Investment Information, Inc. (R&I) announced that it has affirmed the
rating on FUJITSU LIMITED at "A+". The rating outlook is stable.
KUB Malaysia
Berhad's KUB Telekomunikasi Sdn. Bhd. Completes Acquisition Of 30% Equity
Interest In KUB-Fujitsu Telecommunications (Malaysia) Sdn Bhd From Fujitsu
Limited And Marubeni Corporation Jan 12, 2011
KUB Malaysia
Berhad (KUBM) announced that the Proposed Acquisition has been completed on
January 12, 2011. This is in reference to the announcement made on December 29,
2010 pertaining to the Sale and Purchase Share Agreement (the Agreement)
entered into by its wholly owned subsidiary, KUB Telekomunikasi Sdn. Bhd.
(KUBTel or the Purchaser), with Fujitsu Limited (25%) and Marubeni Corporation
(5%) (the Vendors), both companies incorporated in Japan, for the acquisition
of 3,300,000 ordinary shares of MYR1.00 each representing 30% of the equity
interest in KUB-Fujitsu Telecommunications (Malaysia) Sdn Bhd (KUB-Fujitsu) for
a total cash consideration of MYR1,500,000.00 to be satisfied entirely via cash
(Purchase Consideration). KUBTel is a company incorporated in Malaysia under
the Companies Act, 1965 (the Act) on November 30, 1991. The principal activity
of KUBTel is assemble, commission and maintenance of information technology and
telecommunication equipments. KUB-Fujitsu is a company incorporated in Malaysia
under the Act on July 28, 1992. The principal activity of KUB-Fujitsu is
assemble, installation and commissioning of digital telephone switching
equipment and maintenance of certain telecommunication equipment. Upon the
completion of the Acquisition, KUB-Fujitsu will become a wholly owned
subsidiary of KUBTel and KUBM accordingly.
KUB Malaysia
Berhad's KUB Telekomunikasi Sdn. Bhd. Completes Acquisition Of 30% Equity
Interest In KUB-Fujitsu Telecommunications (Malaysia) Sdn Bhd From Fujitsu
Limited And Marubeni Corporation Jan 12, 2011
KUB Malaysia
Berhad (KUBM) announced that the Proposed Acquisition has been completed on
January 12, 2011. This is in reference to the announcement made on December 29,
2010 pertaining to the Sale and Purchase Share Agreement (the Agreement)
entered into by its wholly owned subsidiary, KUB Telekomunikasi Sdn. Bhd.
(KUBTel or the Purchaser), with Fujitsu Limited (25%) and Marubeni Corporation
(5%) (the Vendors), both companies incorporated in Japan, for the acquisition
of 3,300,000 ordinary shares of MYR1.00 each representing 30% of the equity
interest in KUB-Fujitsu Telecommunications (Malaysia) Sdn Bhd (KUB-Fujitsu) for
a total cash consideration of MYR1,500,000.00 to be satisfied entirely via cash
(Purchase Consideration). KUBTel is a company incorporated in Malaysia under
the Companies Act, 1965 (the Act) on November 30, 1991. The principal activity
of KUBTel is assemble, commission and maintenance of information technology and
telecommunication equipments. KUB-Fujitsu is a company incorporated in Malaysia
under the Act on July 28, 1992. The principal activity of KUB-Fujitsu is
assemble, installation and commissioning of digital telephone switching
equipment and maintenance of certain telecommunication equipment. Upon the
completion of the Acquisition, KUB-Fujitsu will become a wholly owned
subsidiary of KUBTel and KUBM accordingly.
KUB Malaysia Berhad's
KUB Telekomunikasi Sdn. Bhd. Enters Into Sale And Purchase Share Agreement With
Fujitsu Limited and Marubeni Corporation Dec 29, 2010
KUB Malaysia
Berhad (KUBM) announced that its wholly owned subsidiary, KUB Telekomunikasi
Sdn. Bhd. (KUBTel or the Purchaser), has entered into a Sale and Purchase Share
Agreement (the Agreement) with Fujitsu Limited (25%) and Marubeni Corporation
(5%) (the Vendors), both companies incorporated in Japan, for the acquisition
of 3,300,000 ordinary shares of MYR1.00 each representing 30% of the equity
interest in KUB-Fujitsu Telecommunications (Malaysia) Sdn Bhd (KUB-Fujitsu) for
a total cash consideration of MYR1,500,000.00 to be satisfied entirely via cash
(Purchase Consideration). KUBTel is a company incorporated in Malaysia under
the Companies Act, 1965 (the Act) on November 30, 1991. The principal activity
of KUBTel is assemble, commission and maintenance of information technology and
telecommunication equipments. KUB-Fujitsu is a company incorporated in Malaysia
under the Act on July 28, 1992. The principal activity of KUB-Fujitsu is
assemble, installation and commissioning of digital telephone switching
equipment and maintenance of certain telecommunication equipment. Upon the
completion of the Acquisition, KUB-Fujitsu will become a wholly owned
subsidiary of KUBTel and KUBM accordingly. With the Proposed Acquisition, KUBM
Group will be able to focus and better manage its operational requirements in
view of the telecommunications projects in the forthcoming years. The Proposed
Acquisition is expected to be completed by January 14, 2010.
KUB Malaysia
Berhad's KUB Telekomunikasi Sdn. Bhd. Enters Into Sale And Purchase Share
Agreement With Fujitsu Limited and Marubeni Corporation Dec 29, 2010
KUB Malaysia
Berhad (KUBM) announced that its wholly owned subsidiary, KUB Telekomunikasi
Sdn. Bhd. (KUBTel or the Purchaser), has entered into a Sale and Purchase Share
Agreement (the Agreement) with Fujitsu Limited (25%) and Marubeni Corporation
(5%) (the Vendors), both companies incorporated in Japan, for the acquisition
of 3,300,000 ordinary shares of MYR1.00 each representing 30% of the equity
interest in KUB-Fujitsu Telecommunications (Malaysia) Sdn Bhd (KUB-Fujitsu) for
a total cash consideration of MYR1,500,000.00 to be satisfied entirely via cash
(Purchase Consideration). KUBTel is a company incorporated in Malaysia under
the Companies Act, 1965 (the Act) on November 30, 1991. The principal activity
of KUBTel is assemble, commission and maintenance of information technology and
telecommunication equipments. KUB-Fujitsu is a company incorporated in Malaysia
under the Act on July 28, 1992. The principal activity of KUB-Fujitsu is
assemble, installation and commissioning of digital telephone switching
equipment and maintenance of certain telecommunication equipment. Upon the
completion of the Acquisition, KUB-Fujitsu will become a wholly owned
subsidiary of KUBTel and KUBM accordingly. With the Proposed Acquisition, KUBM
Group will be able to focus and better manage its operational requirements in
view of the telecommunications projects in the forthcoming years. The Proposed
Acquisition is expected to be completed by January 14, 2010.
Toshiba
Corporation to Fully Acquire Subsidiary Dec 28, 2010
Toshiba
Corporation announced that it has decided to acquire 19.9% stake of a
subsidiary, which has been engaged in the design and development of hard disk
drive, from FUJITSU LIMITED. After the transaction, Toshiba Corporation will
hold a 100% stake in the subsidiary, up from 80.1% stake, at the end of
December 2010.
Toshiba
Corporation to Fully Acquire Subsidiary Dec 28, 2010
Toshiba
Corporation announced that it has decided to acquire 19.9% stake of a
subsidiary, which has been engaged in the design and development of hard disk
drive, from FUJITSU LIMITED. After the transaction, Toshiba Corporation will
hold a 100% stake in the subsidiary, up from 80.1% stake, at the end of
December 2010.
The Boeing Company
And Fujitsu Limited Form Strategic Alliance In Airline Information Maintenance
Services
Dec 17, 2010
The Boeing Company
and Fujitsu Limited announced that they have established a strategic alliance
in which the companies will develop a service to enable greater efficiency in
aircraft maintenance operations. The partnership will employ unique tools such
as Radio Frequency Identification Devices (RFID) and Contact Memory Buttons
(CMB) to allow customers to use these technologies without needing to retrofit
their own fleets. Airlines can reduce costs by reducing inventory and manual data
entry errors without having to create new processes. Under the new alliance,
Fujitsu will provide Boeing with a globally-shared platform that includes
automated identification technology devices, device readers, software
applications and a system integration and deployment service. Boeing will
tailor solutions for each customer's needs, integrate those solutions into the
customer's operational environment and establish a long-range plan that will
expand automated identification technology solutions across the customer's
enterprise. Boeing plans to launch this service (with a formal name) for
airlines in the first quarter of 2012. The service will be available for Boeing
and non-Boeing fleets and will be rapidly adaptable to any customer.
The Boeing Company
And Fujitsu Limited Form Strategic Alliance In Airline Information Maintenance
Services
Dec 17, 2010
The Boeing Company
and Fujitsu Limited announced that they have established a strategic alliance
in which the companies will develop a service to enable greater efficiency in
aircraft maintenance operations. The partnership will employ unique tools such
as Radio Frequency Identification Devices (RFID) and Contact Memory Buttons
(CMB) to allow customers to use these technologies without needing to retrofit their
own fleets. Airlines can reduce costs by reducing inventory and manual data
entry errors without having to create new processes. Under the new alliance,
Fujitsu will provide Boeing with a globally-shared platform that includes
automated identification technology devices, device readers, software
applications and a system integration and deployment service. Boeing will
tailor solutions for each customer's needs, integrate those solutions into the
customer's operational environment and establish a long-range plan that will
expand automated identification technology solutions across the customer's
enterprise. Boeing plans to launch this service (with a formal name) for
airlines in the first quarter of 2012. The service will be available for Boeing
and non-Boeing fleets and will be rapidly adaptable to any customer.
FUJITSU LIMITED
Receives Order for ICT Outsourcing-The Nikkan Kogyo Shimbun Dec 16, 2010
The Nikkan Kogyo
Shimbun reported that FUJITSU LIMITED has received an contract of order for
information and communication technology(ICT) outsourcing. The order volume is
not disclosed yet.
FUJITSU LIMITED
Receives Order for ICT Outsourcing-The Nikkan Kogyo Shimbun Dec 16, 2010
The Nikkan Kogyo
Shimbun reported that FUJITSU LIMITED has received an contract of order for
information and communication technology(ICT) outsourcing. The order volume is
not disclosed yet.
Fujitsu Limited
Lowers FY 2010/2011 Revenue Outlook; Reaffirms FY 2010/2011 Operating Profit
Outlook-Reuters Oct 27, 2010
Reuters reported
that Fujitsu Limited cut its fiscal 2010/2011 annual sales outlook as it copes
with a firmer yen and corporations rein in IT spending. The Company stood by
its fiscal 2010/2011 forecast for a JPY185 billion operating profit, but
lowered its sales outlook by nearly 3% to JPY4.67 trillion. According to
Reuters Estimates, analysts were expecting the Company to report revenue of
JPY4.77 trillion for fiscal 2010/2011.
Fujitsu Limited
Lowers FY 2010/2011 Revenue Outlook; Reaffirms FY 2010/2011 Operating Profit
Outlook-Reuters Oct 27, 2010
Reuters reported
that Fujitsu Limited cut its fiscal 2010/2011 annual sales outlook as it copes
with a firmer yen and corporations rein in IT spending. The Company stood by
its fiscal 2010/2011 forecast for a JPY185 billion operating profit, but
lowered its sales outlook by nearly 3% to JPY4.67 trillion. According to
Reuters Estimates, analysts were expecting the Company to report revenue of
JPY4.77 trillion for fiscal 2010/2011.
FUJITSU LIMITED
Announces Payment of Mid-year Dividend for FY 2011 Oct 27, 2010
FUJITSU LIMITED
announced that it has decided to pay a mid-year dividend of JPY 5 per share, in
line with the last forecast announced on April 30, 2010, to all shareholders of
record as of September 30, 2010, for the fiscal year ending March 2011. The
payment will be conducted on November 24, 2010.
FUJITSU LIMITED
Announces Payment of Mid-year Dividend for FY 2011 Oct 27, 2010
FUJITSU LIMITED
announced that it has decided to pay a mid-year dividend of JPY 5 per share, in
line with the last forecast announced on April 30, 2010, to all shareholders of
record as of September 30, 2010, for the fiscal year ending March 2011. The
payment will be conducted on November 24, 2010.
U.S. Securities
and Exchange Commission Chooses FUJITSU LIMITED To Provide XBRL Processing
Software Solution Oct 18, 2010
FUJITSU LIMITED
announced the U.S. Securities and Exchange Commission (SEC) has selected the
Interstage eXtensible Business Reporting Language (XBRL) platform from Fujitsu
to process and analyze the data received to improve the timeliness and
accessibility of financial information. The platform enables the SEC to develop
rules for analyzing the data, combine data from other formats, and automate the
processing of the rules with alerts, threshold checks and reports. The
Interstage solution uniquely combines comprehensive XBRL and process automation
capabilities to enable the SEC to leverage the latest advances in XBRL and
automate the review, reporting, and analysis activities. In an effort to
protect investors, and to maintain fair, orderly, and efficient markets, the
SEC has been improving the accessibility and usefulness of financial
information by adapting interactive data formats such as XBRL and eXtensible
Markup Language (XML).
U.S. Securities
and Exchange Commission Chooses FUJITSU LIMITED To Provide XBRL Processing
Software Solution Oct 18, 2010
FUJITSU LIMITED
announced the U.S. Securities and Exchange Commission (SEC) has selected the
Interstage eXtensible Business Reporting Language (XBRL) platform from Fujitsu
to process and analyze the data received to improve the timeliness and
accessibility of financial information. The platform enables the SEC to develop
rules for analyzing the data, combine data from other formats, and automate the
processing of the rules with alerts, threshold checks and reports. The
Interstage solution uniquely combines comprehensive XBRL and process automation
capabilities to enable the SEC to leverage the latest advances in XBRL and
automate the review, reporting, and analysis activities. In an effort to
protect investors, and to maintain fair, orderly, and efficient markets, the
SEC has been improving the accessibility and usefulness of financial
information by adapting interactive data formats such as XBRL and eXtensible
Markup Language (XML).
Engineering-Ingegneria
Informatica SpAáIn Consortium with Fujitsu Limited Subsidiary Fujitsu
Technology Solutions and Other Companies Wins Framework Contract ESP-Desis II
at the European Commission Oct 14, 2010
Engineering-Ingegneria
Informatica SpAáannounced that as partner of the Panoplis consortia led by
TRASYS and Siemens IT Solutions and Services, a subsidiary of Siemens AG, it
has been awarded three major framework contracts by the European Commission in
the framework of the ESP-DESIS II call for tender (External Service Provision
for Development, Studies and Support for Information Systems) as first
contractors in the cascade for lots 1A, 1B and 1C. Besides
Engineering-Ingegneria Informatica SpA, the other partners in temporary
association of the Panoplis consortia are Fujitsu Technology Solutions, a
subsidiary of Fujitsu Limited, Ordina Belgium, a subsidiary of Ordina N.V.,
Everis, TXT e-solutions and Ar?s Developments. These four years contracts represent
a total value of approximately EUR 392 million encompassing all the three
contractors of the cascade. Engineering-Ingegneria Informatica SpA's amount
counts for about EUR 53 million.
Engineering-Ingegneria
Informatica SpAáIn Consortium with Fujitsu Limited Subsidiary Fujitsu
Technology Solutions and Other Companies Wins Framework Contract ESP-Desis II
at the European Commission Oct 14, 2010
Engineering-Ingegneria
Informatica SpAáannounced that as partner of the Panoplis consortia led by
TRASYS and Siemens IT Solutions and Services, has been awarded three major
framework contracts by the European Commission in the framework of the
ESP-DESIS II call for tender (External Service Provision for Development,
Studies and Support for Information Systems) as first contractors in the
cascade for lots 1A, 1B and 1C. Besides Engineering-Ingegneria Informatica
SpAá, the other partners in temporary association of the Panoplis consortia
are Fujitsu Technology Solutions, Ordina Belgium, Everis, TXT e-solutions and
Ar?s Developments. These four years contracts represent a total value of
approximately EUR 392 million encompassing all the three contractors of the
cascade. Engineering-Ingegneria Informatica SpA's amount counts for about EUR
53 million.
FUJITSU LIMITED
Announces Issue of Bonds Oct 13, 2010
FUJITSU LIMITED
announced that it will issue its 26th series unsecured bonds of JPY 20 billion
due October 18, 2013, with 0.307% annual interest rate. The bonds will be
offered on October 20, 2010. Mizuho Securities Co., Ltd., Nomura Securities
Co., Ltd., Daiwa Securities Capital Markets Co.Ltd. and UBS Investment Bank.
will act as underwriters in this offering. The Company also announced that it
will issue its 27th series unsecured bonds of JPY 30 billion due October 20,
2015, with 0.420% annual interest rate. The bonds will be offered on October
20, 2010. Mizuho Securities Co., Ltd., Daiwa Securities Capital Markets Co.Ltd.
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. and Nikko Cordial Securities
Inc. will act as underwriters in this offering. The proceeds from the
transaction will be used for repayment of existing bonds.
FUJITSU LIMITED
Announces Issue of Bonds Oct 13, 2010
FUJITSU LIMITED
announced that it will issue its 26th series unsecured bonds of JPY 20 billion
due October 18, 2013, with 0.307% annual interest rate. The bonds will be
offered on October 20, 2010. Mizuho Securities Co., Ltd., Nomura Securities
Co., Ltd., Daiwa Securities Capital Markets Co.Ltd. and UBS Investment Bank.
will act as underwriters in this offering. The Company also announced that it
will issue its 27th series unsecured bonds of JPY 30 billion due October 20,
2015, with 0.420% annual interest rate. The bonds will be offered on October
20, 2010. Mizuho Securities Co., Ltd., Daiwa Securities Capital Markets Co.Ltd.
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. and Nikko Cordial Securities
Inc. will act as underwriters in this offering. The proceeds from the
transaction will be used for repayment of existing bonds.
Fujitsu Limited
And Toshiba Corporation Complete Merger Of Mobile Phone Businesses Oct 01, 2010
Fujitsu Limited
and Toshiba Corporation announced that they have completed the merger of their
mobile phone businesses. On June 17, 2010, Fujitsu and Toshiba signed a
Memorandum of Understanding (MOU) to merge their mobile phone businesses,
followed by a definitive contract on July 29, 2010. Today, Toshiba completed
the transfer of its mobile phone operations to a new company, and Fujitsu
completed its acquisition of shares in the new company, which will operate
under Fujitsu management. The new entity combines the respective mobile phone
know-how and technology of both companies and will expand by delivering
products and services that continue to meet the needs of consumers. Fujitsu's
current mobile phone operations will continue to operate as a part of Fujitsu
Limited.
Fujitsu Limited
And Toshiba Corporation Complete Merger Of Mobile Phone Businesses Oct 01, 2010
Fujitsu Limited
and Toshiba Corporation announced that they have completed the merger of their
mobile phone businesses. On June 17, 2010, Fujitsu and Toshiba signed a
Memorandum of Understanding (MOU) to merge their mobile phone businesses,
followed by a definitive contract on July 29, 2010. Today, Toshiba completed
the transfer of its mobile phone operations to a new company, and Fujitsu
completed its acquisition of shares in the new company, which will operate
under Fujitsu management. The new entity combines the respective mobile phone
know-how and technology of both companies and will expand by delivering
products and services that continue to meet the needs of consumers. Fujitsu's
current mobile phone operations will continue to operate as a part of Fujitsu
Limited.
Press Clippings
NW: DoCoMo, Samsung to headline new handset chip
alliance
Nikkei English News: 18 September 2011
[What follows is the full text of the news story.]
A group of
Japanese firms led by NTT DoCoMo Inc. is expected to team up with South
Korea'sSamsung Electronics Co. to develop key chips for next-generation
smartphones.
The companies are
in the final stages of negotiations to establish a joint venture as early as
next year. Plans call for development of baseband chips, which control wireless
communications signals.
DoCoMo is to take
a majority stake in the joint venture, which is to be capitalized at around 30
billion yen ($389 million) and headquartered in Japan. In addition to Samsung,
Fujitsu Ltd., NEC Corp. and Panasonic Mobile Communications Co. are expected to
participate.
The venture will
develop, design and promote sales of the chips while outsourcing fabrication.
The chips are
expected to be used in the partners' own smartphones as well as sold to other
handset manufacturers. The firms plan to promote sales to Chinese telecom
companies to tap a promising market. Samsung may use the chips in upcoming
models of its mainline Galaxy series of smartphones.
U.S. firm Qualcomm
Inc. is believed to control about 40% of the market for the baseband
semiconductors used in third-generation mobile phones. When it comes to the
chips used in smartphones, Qualcomm's share stands at roughly 80%.
Divvying up the chips
Two types of
semiconductors make up the brains of mobile phones: baseband chips and
application chips. The latter handle such tasks as image processing.
Samsung is a major
player in application chips, even supplying them for U.S. rival Apple Inc.'s
iPhone. But despite being the world's No. 2 chip producer overall, it has not
developed its own baseband chips due to its weakness in wireless communications
technologies. This has caused it to fall far behind Qualcomm in the
communications control field.
Qualcomm, for its
part, has shed its handset production operations and taken other steps to focus
its resources on baseband chips. This has helped it carve out its sizable
market share. It has also been able to step up development of products that
combine the two chip types.
It was Qualcomm's
dominance that prompted Samsung and the Japanese players to decide to work
together. The South Korean giant feared it would find itself at a bigger
disadvantage if it allowed the status quo to continue. And the Japanese firms
were concerned that if they did not find another recourse, they would have to
rely heavily on the U.S. company for chips for future phones. That would have
hampered their development flexibility.
Samsung is
expected to benefit from DoCoMo's expertise in the development of
next-generation telecommunications technologies.
DoCoMo, meanwhile,
is hoping to lower chip procurement costs by taking part in development. In
addition to tapping Samsung's mass-production methods and Fujitsu's expertise
in chip design, the partners aim to share the hefty development costs for
next-generation chips.
Global smartphone
shipments are projected to grow from about 470 million units in 2011 to roughly
1.1 billion by 2015 - when such phones are seen making up about half of the
overall mobile phone market.
(The Nikkei Weekly
2011/09/19 issue)
US Patent Issued to Fujitsu on Sept. 13 for
"Storage Circuit and Storage Method" (Japanese Inventor)
U.S. Fed News: 18 September 2011
[What follows is the full text of the news story.]
ALEXANDRIA, Va., Sept. 18 -- United States Patent no. 8,018,783, issued on Sept. 13, was assigned to Fujitsu Ltd. (Kawasaki, Japan).
"Storage Circuit and Storage Method" was invented by Yoshihiro Kishiyama (Yokohama, Japan).
According to the
abstract released by the U.S. Patent & Trademark Office: "A storage
circuit includes a first switching unit that receives data and is controlled to
switch between an electrically connecting state and an electrically
disconnecting state according to a clock signal input to a gate terminal of the
first switching unit, an inverting unit that inverts the data and outputs the
inverted data, a second switching unit that receives the inverted data and is
controlled simultaneously with the first switching unit to switch between the
electrically connecting state and the electrically disconnecting state
according to the clock signal input to a gate terminal of the second switching
unit and a latching unit that is connected to an output terminal of the first
switching unit and an output terminal of the second switching unit, latches the
data and the inverted data, and outputs the data and the inverted data
simultaneously."
The patent was
filed on Sept. 17, 2009, under Application No. 12/585,564.
WIPO ASSIGNS PATENT TO FUJITSU FOR "SYSTEM AND
METHOD FOR IMPLEMENTING POWER DISTRIBUTION" (AMERICAN INVENTOR)
U.S. Fed News: 18 September 2011
[What follows is the full text of the news story.]
GENEVA, Sept. 18
-- Publication No. WO/2011/112373 was published on Sept. 15.
Title of the
invention: "SYSTEM AND METHOD FOR IMPLEMENTING POWER DISTRIBUTION."
Applicants:
FUJITSU LIMITED (JP).
Inventors:
Wei-Peng Chen (US).
According to the
abstract posted by the World Intellectual Property Organization: "A
method, in accordance with particular embodiments, includes establishing a
plurality of wireless connections with a plurality of endpoints. The connections
are established via one or more of a plurality of remote transceivers. The
method also includes determining a plurality of candidates for a positive power
gain. The plurality of candidates includes a plurality of unique pairings, each
pairing comprising a combination of one endpoint and one remote transceiver.
The method additional includes identifying a subset of the plurality of
candidates. The method further includes determining whether the identified
subset results in an optimum power distribution. If the identified subset
results in a less than optimum power distribution, the method includes
identifying a different subset of candidates. If the identified subset results
in an optimum power distribution, the method includes computing a non-uniform
power distribution based on the identified subset."
Shinko Electric Industries Assigned Patent
U.S. Fed News: 18 September 2011
[What follows is the full text of the news story.]
By US Fed News
ALEXANDRIA, Va.,
Sept. 18 -- Shinko Electric Industries, Nagano, Japan, has been assigned a
patent (8,017,443) developed by Akinori Shiraishi, Nagano, Japan, for a
"light transmissive cover, device provided with same and methods for
manufacturing them."
The abstract of
the patent published by the U.S. Patent and Trademark Office states: "A
light transmissive cover for a device comprising: a cover member of light
transmissive material; and a junction member joined to the cover member, the
junction member being a member used to be joined to the body of the device and
having a light interrupting film on the inner surface thereof. A device
provided with a light transmissive cover, the device being provided with a
cover member of light transmissive material joined to the body of device via a
junction member so as to cover at least a part of the device, and having a
light interrupting film on the inner surface of the junction member is also
disclosed. In addition, methods for manufacturing them disclosed."
US Patent Issued to Fujitsu on Sept. 13 for
"Network System for Monitoring Operation of Monitored Node" (Japanese
Inventors)
U.S. Fed News: 18 September 2011
[What follows is the full text of the news story.]
ALEXANDRIA, Va.,
Sept. 18 -- United States Patent no. 8,018,867, issued on Sept. 13, was
assigned to Fujitsu Ltd. (Kawasaki, Japan).
"Network
System for Monitoring Operation of Monitored Node" was invented by Jun
Kawai (Kawasaki, Japan), Katsutoshi Yano (Kawasaki, Japan) and Hiroshi Yamada
(Kawasaki, Japan).
According to the
abstract released by the U.S. Patent & Trademark Office: "A network
system includes: a monitored node which is connected to a network for
isochronous transfer and asynchronous transfer and has a utility function; and
a monitoring node which monitors an operating state of the monitored node. The
monitored node cyclically transmits a command (KA) representative of a normal
operating state thereof to the monitoring node in one of isochronous channels
on the network. When the monitoring node determines non-reception of the
command representative of the normal operating state from the monitored node,
the monitoring node transmits, to the monitored node, a real-time command to
execute abnormality response processing such as resetting, power shut-off or
disconnection from the network."
The patent was
filed on Oct. 29, 2008, under Application No. 12/289,530.
Fujitsu Component Assigned Patent
U.S. Fed News: 18 September 2011
[What follows is the full text of the news story.]
By US Fed News
ALEXANDRIA, Va.,
Sept. 18 -- Fujitsu Component, Tokyo, has been assigned a patent (8,016,504)
developed by Masahiro Tsuchiya, Shinagawa, Japan, Yukihiro Mori, Shinagawa,
Japan, and Sumio Watanabe, Shinagawa, Japan, for a "printer having platen
roller and module that are engageable with each other for printing on
paper."
The abstract of
the patent published by the U.S. Patent and Trademark Office states: "A
printer having a platen roller and a module that are engagable with each other
for printing on paper is disclosed. The printer includes a status detecting mechanism
including a detecting part having a detection function for detecting a status
of the printer, a restricting part for restricting the detection function of
the detecting part, and a function restriction releasing part for releasing the
restricted function of the detecting part. The engagement of the platen roller
and the module displaces the function restriction releasing part. The
displacement causes the function restriction releasing part to release the
restricted function of the detecting part."
The patent
application was filed on Jan. 31, 2008 (12/068,031). The full-text of the
patent can be found at
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PTXT&s1=80,16,504.PN.&OS=PN/80,16,504&RS=PN/80,16,504
Government IT
staff agree new pay deal
Scotsman, The
(Scotland): 17 September 2011
[What follows is
the full text of the news story.]
The Public and Commercial Services union said its 720 members at Fujitsu
will not be taking industrial action following the deal. Everyone on �20,000
or less will receive a pay rise of 2.5 per cent and wage rises will be
back-dated, said the union.
Catch charm of an
easy life
Northern Territory
News (Australia): 17 September 2011
[What follows is the full text of the news story.]
THIS set of units
stands out with its classic English cottage appearance.
Well maintained
and centrally located, with plenty of common space, they are noticeably
different from most of the unit buildings in Millner.
As there are only
four units in each building, they feel like a small community with the
convenience of a larger complex. Unit 11 is on the first floor and catches the
breezes from the Nightcliff beach.
This little home
encourages easy-living choices for either a discerning first home buyer or an
astute ``fly-in, fly-out'' worker, as it is close to the airport and public
transport.
It is also not far
from shopping or the cafe strip in Nightcliff. With open-plan living and tiling
throughout, you can enjoy less work at home and more time to play.
Both bedrooms have
built-in robes.
The living room
has a large Fujitsu airconditioner and leads on to a comfortable balcony. The
kitchen is basic and effective with plenty of bench space, an underbench oven,
electric cooktop and rangehood as well as room for a decent sized fridge.
This well-priced
home leaves room for improvement and the personal touch of a new owner while
also providing the essential components that an owner with a busy lifestyle needs.
Low body corporate
fees and a personal carpark add to the charm.
Bid Response: Alabama Department of Finance
Receives Bid from Fujitsu America in Response to Invitation to Bid for Software
Licensing Services
U.S. Fed News: 17
September 2011
[What follows is
the full text of the news story.]
MONTGOMERY, Ala.,
Sept. 17 -- Alabama Department of Finance, Division of Purchasing has received
a response to an Invitation to Bid (Solicitation NBR: 2233028) on Sept. 15 from
Fujitsu America Inc. for software licensing services (Symantec Endpoint 11.0
renewal basic support - 12 month) and the bidding amount is $9.29 each. For any
query with respect to this article or any other content requirement, please
contact Editor at htsyndication@hindustantimes.com
US Patent Issued to Fujitsu on Sept. 13 for
"Micro-Oscillation Element Provided with Weight Portion, and Array
Utilizing the Same" (Japanese...
U.S. Fed News: 17 September 2011
[What follows is the full text of the news story.]
US Patent Issued to Fujitsu on Sept. 13 for "Micro-Oscillation
Element Provided with Weight Portion, and Array Utilizing the Same"
(Japanese Inventors)
ALEXANDRIA, Va.,
Sept. 17 -- United States Patent no. 8,018,118, issued on Sept. 13, was
assigned to Fujitsu Ltd. (Kawasaki, Japan).
"Micro-Oscillation
Element Provided with Weight Portion, and Array Utilizing the Same" was
invented by Osamu Tsuboi (Kawasaki, Japan), Norinao Kouma (Kawasaki, Japan),
Hiromitsu Soneda (Kawasaki, Japan), Hisao Okuda (Kawasaki, Japan), Yoshihiro
Mizuno (Kawasaki, Japan), Tsuyoshi Matsumoto (Kawasaki, Japan) and Ippei Sawaki
(Kawasaki, Japan).
According to the
abstract released by the U.S. Patent & Trademark Office: "A
micro-oscillation element includes a base frame, an oscillating portion, and a
link portion connecting the base frame and the oscillating portion to each
other. The oscillating portion has a movable functional portion, a first
driving electrode connected to the movable functional portion, and a weight
portion joined to the first driving electrode. The link portion defines an axis
of the oscillating motion of the oscillating portion. The second driving
electrode, fixed to the base frame, generates driving force for the oscillating
motion in cooperation with the first driving electrode."
The patent was
filed on June 24, 2008, under Application No. 12/145,063.
Altura Reports Migration to Avaya's Aura for
Fujitsu F9600 Users
Wireless News
09 September 2011
[What follows is the full text of the article.]
Altura
Communication Solutions, a provider of communications networks and managed
services, announced that its interoperability software provides a strategic
advantage to Fujitsu F9600 customers by leveraging the Unified Communication
benefits of Avaya Aura 6.1 while maintaining full feature functionality of its
private network such as centralized voice mail, centralized attendant services,
and least cost routing.
"We offer
multiple migration options to our customers based on their unique network
environment," said Mark Izumi, Director of Sales and Marketing at Altura
Communication Solutions, in a release. "Our exclusive interoperability
software solution through Avaya Aura allows our Fujitsu customers to control
the pace of their solution deployment while mitigating the inherent risk of a
large technology upgrade. Our solutions enable users to communicate and
collaborate in real time, on any device that they prefer."
Leveraging
Altura's interoperability with Avaya Aura, Fujitsu customers enjoy a rollout of
Aura without compromising the overall operation of the enterprise. Customers
can focus on deploying Aura where it matters most, and follow up with other
areas later, all without having to worry about disruptions, annoyances, and
frustrations that the deployment of disparate systems would otherwise
introduce.
Altura is an Avaya
Platinum Business Partner specializing in the design, installation,
integration, migration and support of converged communication solutions,
contact centers, and mobility solutions.
Altura
Communication Solutions is a provider of communication-enabled solutions and
managed services to enterprises.
((Comments on this
story may be sent to newsdesk@closeupmedia.com))
Close-Up Media, Inc.
Related Companies
Fujitsu Ltd
[profile]
Fujitsu Ltd Files Patent Application for Base Station, Terminal Device,
Control Channel Assignment Method and Region Size Determination Method
Indian Patent News
08 September 2011
[What follows is the full text of the article.]
New Delhi, Sept. 8
-- Japan based Fujitsu Ltd filed patent application for base station, terminal
device, control channel assignment method, and region size determination
method. The inventors are Ito Akira and Dateki Takashi.
Fujitsu Ltd filed
the patent application on April 29, 2011. The patent application number is 1771/KOLNP/2011
A. The international classification number is H04Q7/38.
According to the
Controller General of Patents, Designs & Trade Marks, "It is an object
to improve the frequency use efficiency of the overall system. In order to
solve the object, a base station that performs radio data communication with
terminal devices by using a plurality of bands of which each has a data channel
region to which a data channel is assigned and a control channel region to
which a control channel is assigned. The base station includes a control
channel assigning unit that assigns a control channel for the terminal device
at a location in the control channel region of any band of the plurality of
bands according to a band to which a data channel assigned to the terminal device
belongs, and a control channel transmitting unit that transmits the control
channel to the terminal device at the location assigned by the control channel
assigning unit."
About the Company
Fujitsu Ltd
(Fujitsu Kabushiki-gaisha) is a Japanese multinational computer hardware and IT
services company headquartered in the Shiodome City Center complex in Minato,
Tokyo.[5] Fujitsu's central focus is on providing IT-driven business solutions,
but the company and its subsidiaries also offer a diversity of products and
services in the areas of personal computing, telecommunications and advanced
microelectronics.
Indian Patent News
Related Companies
Fujitsu Ltd
[profile]
Related Topics
Legal
Related
Geographies
Asia
Japan
Related Industries
3571 Electronic computers
Computer Hardware [profile]
30020 Manufacture of computers and other information processing equipment
2841 Computer and Business Machine Manufacturing
JAPAN : Fujitsu
unveils Android-based tablet
TendersInfo News
08 September 2011
[What follows is
the full text of the article.]
Fujitsu Ltd.,
Japan leading global computer hardware and IT services company, unveiled
Android-based tablet - Arrows F-01D.
Arrows F-01D has
10.1 inch capacitive touchscreen with 1280 x 800 resolution. It runs on Android
3.1 Honeycomb is powered with 1GHz TI OMAP 4430 SoC. It has internal storage
capacity of 16GB and 1GB RAM. It has 5MP front facing camera as well as 1.3MP
rear camera. It supports microUSB, microSD and microSIM, Wi-Fi and Bluetooth
2.1. But more surprisingly this tablet is water-proof and comes with a TV
Tuner.
Fujitsu will offer
Arrows F-01D in Japan on NTT Docomo's Xi LTE network.
TendersInfo News
Related Companies
Fujitsu Ltd
[profile]
Related Geographies
Asia
Japan
Related Industries
3571 Electronic computers
Computer Hardware [profile]
30020 Manufacture of computers and other information processing equipment
2841 Computer and Business Machine Manufacturing
UNITED KINGDOM :
UK Organisations Admit to Applications Blind Spot
TendersInfo News
03 September 2011
[What follows is the full text of the article.]
Despite
applications being a fundamental part of today s IT landscape, over half of
CIOs/IT directors in the UK have admitted that they do not have a complete view
of what exists in their application portfolio nor how their portfolio is
aligned to overall business need an admission which exposes a worrying blind
spot.
The research,
commissioned by Fujitsu, surveyed CIOs and IT directors across the UK and
reveals that two thirds of respondents felt that their applications portfolio
was only partially aligned to their business strategy or not at all. Only 39
per cent said they had the right strategy to manage their organisations
portfolio and more than half said they couldn t demonstrate to their business
that they have clear visibility of their applications portfolio.
The research
reveals that organisations are failing to extract maximum value from existing
applications. Nearly two thirds could not provide the true cost of running
applications in their business. While nearly half (47 per cent) said they did
not have the resources to ensure maximum value from their applications.
At a time when IT
budgets are being scrutinized and businesses are looking to technology to add
value and agility, this level of unawareness around application portfolios is
incredibly worrying, explained Andrew Brabban, CTO Applications, Fujitsu. The
lack of understanding of how much the application portfolio is costing means
that companies have no way of telling how much is being wasted. How many
companies can afford to be running applications that are not delivering maximum
value? Any hopes of applications becoming a strategic enabler for the business
certainly seem a long way off for the majority of companies.
Duplicate
applications are also rife in UK organisations, further compounding the
unnecessary cost and complexity associated with application management, with
half saying the level of duplication was moderate to too much .
Finally in the
area of applications development, nearly 75 per cent felt that the development
and support of current applications was high on their organisations agenda.
However over half still struggle to fund new application development projects
(53 per cent), revealing a strong disconnect between business need and
budgetary reality.
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 4.5 trillion yen (US$55 billion)
for the fiscal year ended March 31, 2011.
Copyright 2011
Euclid Infotech Pvt. Ltd., distributed by Contify.com
COPYRIGHT 2011
TendersInfo News
Related
Geographies
Europe
United Kingdom
Copyright 2011
Gale, Cengage Learning. All rights reserved. Published by OneSource Information
Services, Inc.
JAPAN : Fujitsu
Launches UniflDone, an Integrated ID Management Package for Universities
TendersInfo News
30 August 2011
[What follows is
the full text of the article.]
Fujitsu Limited
today announced the immediate availability of UniflDone, a package for the
integrated management of user IDs across multiple systems scattered through an
academic environment.
This system
integrates the management of user IDs, passwords, names, affiliations, and
addresses across the various systems used in an academic setting, including
personnel and student-life systems, library-information systems, and continuing
education coursework systems. Universities have unusual requirements for ID
management, as they have numerous user categories and affiliations, including
full-time students, continuing education students, library users, instructors,
graduates, and parents. This system gives universities a single system where
user information can be recorded and updated, and allows them to manage
settings such as e-mail environments and printing restrictions on either an
individual or group basis.
This saves on the
trouble of manually setting up, changing, and deleting IDs on each system,
making ID management more efficient and cutting operating costs by
approximately 70%.
In addition, with
optional ID Lifecycle Management, the system can assign appropriate access
permissions to each system automatically based on a student's enrollment status
(active, on leave, graduated), and Lifetime ID Management can provide
integrated management outside of a person's university years to cover their
time at affiliated institutions (grammar schools, middle schools, high schools)
as well as their time after graduation.
In line with recent
expansion of university services to more and more categories of users,
including full-time students, continuing education students, library users,
instructors, graduates, and parents, the number of systems is also growing. In
addition, with the roles and affiliations that apply to users changing over
time students advancing from undergraduate to graduate schools, and then
possibly becoming a member of the faculty, for example universities have some
unusual requirements that make manual ID management an increasingly serious
burden.
Fujitsu offers
UniflDone with these conditions and requirements in mind, to provide academic
institutions with an integrated ID management package that capitalizes on
Fujitsu's experience and know-how in building data systems for universities.
Enables integrated
management of user IDs, passwords, names, affiliations, and addresses over
multiple systems in an academic environment, including educational research
systems, personnel and student-life systems, library data systems, and
continuing education coursework systems.
By dispensing with
the need to set up, change, and delete IDs on each system individually, the
process of ID management is greatly streamlined and operating costs are reduced
by approximately 70%. The package can be added to systems that are already in
operation.
Related Industries
8221 Colleges and
universities, nec Schools [profile]
80210 General
secondary education
8431 Higher
Education
CHINA,JAPAN : Asahi Group to Use Fujitsu's Cloud to
Visualize Sales Data and Enhance its Analysis for Operations in China
TendersInfo News
30 August 2011
[What follows is the full text of the article.]
Fujitsu Limited
and Asahi Group Holdings, Ltd. today announced their collaboration on the
development of a cloud-based sales data visualization system for three of the
Asahi Group's Chinese sales centers in Shanghai, Shenzhen and Dalian. The new
system will begin operations in September.
Deployment of the
new system will clarify for the Asahi Group customer interactions, the status
of orders, and other daily business activities, in addition to enhancing the
sharing and analysis of information and standardizing business processes that
previously relied on individual employee skills. This will enable the company
to develop more competitive sales activities. In addition, the system will
allow the Asahi Group to view local information, including data by region and
business category, in real time from the company's headquarters so as to
quickly and seamlessly respond to changing consumer needs. Moreover, by
employing a cloud platform for the system, the company can avoid having to
maintain new servers, network devices and other ICT assets. This, in turn, will
reduce costs, including operational costs, by 75% (compared to building an
on-premise system).
With its abundance
of prior experience in the retailing and distribution sector, in addition to
its cloud computing and other cutting-edge technologies, Fujitsu was quick to
develop the new sales data visualization system. To help the Asahi Group
effectively utilize collected information, Fujitsu will be delivering the
system in combination with optimal support services.
Since making a
full-scale entry into the Chinese market in 1994, the Asahi Group has gradually
expanded its beer operations in the country. As part of this expansion, the
company came to recognize a number of issues at its centers in China involving
the sharing of customer information and the lack of a common management system
for sales information. The workload involved in compiling such data had also
become considerable. As such, the company explored developing a cloud
environment-enabled sales data visualization system as a tool to enhance its
business.
Fujitsu is a
leading provider of information and communication technology (ICT)-based
business solutions for the global marketplace. With approximately 170,000
employees supporting customers in over 100 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 4.5 trillion yen (US$55 billion) for the fiscal year
ended March 31, 2011.
TendersInfo News
Related Geographies
Asia
China
Japan
JAPAN,UNITED KINGDOM : Fujitsu Launches Summer
Server Promotions to Channel
TendersInfo News
26 August 2011
[What follows is the full text of the article.]
Fujitsu has
announced a series of promotions around its server range to help its channel
partners beat the traditional Summer sales slowdown. Fujitsu is offering
extended five-year standard warranties on all its PRIMERGY servers. It is also
offering an effective 25 percent discount on extended warranties with
guaranteed response times. These promotions, which are currently open-ended
with no fixed end date, are designed to help resellers compete more effectively
for all server sales.
In addition,
Fujitsu is running cash-back promotions on Microsoft Reseller Option Kits
(ROKs)(1) and its popular MX130 S1 and TX100 S2 entry-level servers to ensure
that resellers can protect their margins and compete at the most aggressive
price points available in the market. Rebates of up to 200 are available on Microsoft
ROK packages while partners can offer up to 50 cash-back on the MX130 small
footprint server and TX100 tower unit. These promotions will be available until
the end of September and, depending on product availability, may be extended
for a further period.
David White, Head
of Marketing, Technology Solutions Division Fujitsu, says that the promotions
will give Fujitsu partners the extra edge that they need in competitive
scenarios. Fujitsu PRIMERGY servers are quite simply, the best available on the
market today in terms of the combination of performance and reliability that
they deliver. The extended warranty promotion is a sign of our absolute
confidence that they will deliver dependable service over their full
life-cycle.
The standard
warranty agreement covers all parts and labour but with no guaranteed response
time. Contracts with a defined SLA are currently available at a lower uplift
price that effectively gives the customer a discount of around 25 percent.
Standard warranties are normally one year for mono-socket servers and three
years on multi-socket servers.
Fujitsu is a
leading provider of information and communication technology (ICT)-based
business solutions for the global marketplace. With approximately 170,000
employees supporting customers in over 100 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 4.5 trillion yen (US$55 billion) for the fiscal year
ended March 31, 2011.
TendersInfo News
Related Topics
Marketing
Prices
Related Geographies
Asia
Japan
UNITED STATES : Fujitsu Recognizes Excellence in
Supplier Performance
TendersInfo News
26 August 2011
[What follows is the full text of the article.]
Fujitsu, a leading
provider of business, information technology and communications solutions,
announced its 2011 Supplier Excellence award winners today. Fujitsu has over
170 suppliers and has identified those who most significantly and repeatedly
demonstrated a commitment to advancing state-of-the-art technology, as well as
on-time performance and cost control.
Award winners
represent the full spectrum of services and solutions that contribute to
Fujitsu s market leading optical networking platforms, including providers of
backplanes, printed circuit boards, integrated circuits, power modules,
amplifiers, custom diecast components, custom cable assemblies and cabinets.
We expect a lot
from our suppliers because they play a critical role in Fujitsu s ability to
exceed the high expectations our customers have of us, said Hans Roehrig,
senior vice president, operations and manufacturing, Fujitsu Network
Communications. Each year we gather our best-in-class partners at the Fujitsu
Supplier Day, which culminates in a Supplier Excellence awards banquet. I want
to take this opportunity to again thank these companies for the contributions
they make toward Fujitsu s market-leading positions.
Fujitsu recognizes
supplier excellence in four categories, including On Time Delivery/Quality
Performance, Value Contribution, Technical Advancement and Special Achievement.
A.F. Technologies,
Inc. provider of custom cable assemblies, achieved 100 percent on-time delivery
and quality performance, even when turnaround times were very aggressive.
Fujitsu
Interconnect Technologies, Limited provider of high-layer count backplanes,
attained 100 percent on-time delivery and quality performance.
Fujitsu
Semiconductor America, Inc. - provider of a variety of ASICS components for use
in multiple products, attained 100 percent on-time delivery and quality
performance, even as certain processes were moved between factories.
Karlee Company,
Inc. provider of sheet metal, and long-standing partner to Fujitsu for nearly
20 years, that ships several hundred lots of custom parts each month; this year
the company was Fujitsu s top performer in the fabricated commodity.
Murata Electronics
North America, Inc. provider of power modules and capacitors with a long track
record of excellent performance for Fujitsu, attained near perfect on-time
delivery and perfect quality performance.
Fujitsu is a
leading provider of information and communication technology (ICT)-based
business solutions for the global marketplace. With approximately 170,000
employees supporting customers in over 100 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.
TendersInfo News
Related Companies
Fujitsu Ltd
[profile]
Fujitsu Releases Ethernet-over-Anything Technology
to Access Portfolio
Wireless News
26 August 2011
[What follows is the full text of the article.]
Fujitsu, a
provider of business, information technology, and communications solutions,
announced the availability of an expanded access product portfolio that enables
Metro Ethernet Forum (MEF)-compliant Ethernet services to be offered across
various transport networks.
The announcement
fulfills the Fujitsu Ethernet over Anything (EoX) vision, giving service
providers and enterprises a uniform platform on which high-growth Ethernet
services are supported, independent of the underlying transport technology.
According to a
release, Fujitsu EoX technology creates a single, coherent, secure network,
allowing Ethernet services to be delivered whenever and wherever they are
needed. Initially deployed on the EoX Gateway configuration of the Fujitsu
FLASHWAVE 9500 Packet Optical Networking Platform (Packet ONP), Fujitsu has
extended the EoX vision into its access products.
"Today's
announcement is a huge step toward achieving the mass-market Ethernet services
that end users are demanding," said Rod Naphan, senior vice president of
product planning at Fujitsu Network Communications. "With Fujitsu's EoX
solutions now extending to the access network infrastructure, ubiquitous
Ethernet services can be deployed across SONET, wavelengths, PDH, copper, or
directly over fiber using MEF-compliant service definitions. This enables our
customers to deliver a standard set of Ethernet services using whatever
transport network that is most cost effective for them which, in turn, gives
their end users a consistent Ethernet experience. This flexibility will enable
them to bring new, MEF-compliant Ethernet services to market more
quickly."
More information:
fujitsu.com
us.fujitsu.com/telecom
((Comments on this
story may be sent to newsdesk@closeupmedia.com))
Close-Up Media, Inc.
Related Companies
Fujitsu Ltd
[profile]
Metro Ethernet Forum Members Elect Fujitsu Director
to Global Alliance's Board of Directors
Wireless News
23 August 2011
[What follows is the full text of the article.]
Fujitsu, a
provider of business, information technology, and communications solutions,
announced that Ralph Santitoro, director of Carrier Ethernet market development
at Fujitsu Network Communications, was re-elected to the Metro Ethernet Forum
(MEF) Board of Directors for the fourth consecutive year.
According to a
release, the MEF is the defining body for the development of Carrier Ethernet
technical specifications and implementation agreements to promote
interoperability and deployment of Carrier Ethernet worldwide.
An MEF contributor
since 2001, Santitoro was editor of the MEF technical specification defining
Ethernet Services, and provided significant contributions to several other MEF
specifications. Santitoro is a contributor in the development of the MEF's new
Ethernet Access Services specification expected to be ratified in January 2012.
Santitoro also
created the MEF's new Carrier Ethernet Professional Certification Program and
co-developed the exam for its first certification level: Carrier Ethernet
Certified Professional (CECP). He also participates in the MEF's new
dynamic-responsive Ethernet project defining Carrier Ethernet connectivity to
cloud service providers and data centers.
"Ralph's
leadership in the MEF and within Fujitsu is critical to making Carrier Ethernet
networks and services more ubiquitous on a global scale," said Rod Naphan,
senior vice president of product and strategic planning at Fujitsu Network
Communications. "We are proud to have him as part of the Fujitsu team and
pleased that his unique leadership and expertise has been recognized again this
year by the MEF."
Annual Income Statement
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
116.944303 |
|
Auditor |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Shin Nihon &
Co. |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Net Sales |
52,845.5 |
50,349.3 |
46,703.7 |
46,638.3 |
43,611.9 |
|
Revenue |
52,845.5 |
50,349.3 |
46,703.7 |
46,638.3 |
43,611.9 |
|
Total Revenue |
52,845.5 |
50,349.3 |
46,703.7 |
46,638.3 |
43,611.9 |
|
|
|
|
|
|
|
|
Cost of Revenue |
38,170.9 |
36,974.1 |
34,746.8 |
34,860.2 |
32,337.2 |
|
Cost of Revenue, Total |
38,170.9 |
36,974.1 |
34,746.8 |
34,860.2 |
32,337.2 |
|
Gross Profit |
14,674.5 |
13,375.2 |
11,956.9 |
11,778.1 |
11,274.7 |
|
|
|
|
|
|
|
|
Selling/General/Administrative Expense |
6,776.1 |
6,612.0 |
5,708.8 |
5,128.7 |
4,792.5 |
|
Labor & Related Expense |
3,594.5 |
3,327.4 |
3,076.7 |
2,811.7 |
2,752.4 |
|
Total Selling/General/Administrative Expenses |
10,370.7 |
9,939.4 |
8,785.5 |
7,940.3 |
7,544.9 |
|
Research & Development |
2,756.5 |
2,420.4 |
2,487.0 |
2,263.4 |
2,172.8 |
|
Restructuring Charge |
0.0 |
510.1 |
539.4 |
193.6 |
0.0 |
|
Litigation |
- |
- |
- |
- |
0.0 |
|
Impairment-Assets Held for Use |
82.3 |
73.4 |
634.6 |
107.0 |
254.4 |
|
Impairment-Assets Held for Sale |
- |
0.0 |
186.4 |
219.9 |
0.0 |
|
Other Unusual Expense (Income) |
184.4 |
0.0 |
- |
- |
0.0 |
|
Unusual Expense (Income) |
266.8 |
583.5 |
1,360.3 |
520.4 |
254.4 |
|
Total Operating Expense |
51,564.9 |
49,917.4 |
47,379.6 |
45,584.4 |
42,309.3 |
|
|
|
|
|
|
|
|
Operating Income |
1,280.6 |
431.9 |
-675.9 |
1,053.9 |
1,302.6 |
|
|
|
|
|
|
|
|
Interest Expense -
Non-Operating |
-136.9 |
-175.6 |
-174.3 |
-186.1 |
-157.6 |
|
Interest Expense, Net Non-Operating |
-136.9 |
-175.6 |
-174.3 |
-186.1 |
-157.6 |
|
Interest Income -
Non-Operating |
31.8 |
45.6 |
77.3 |
88.3 |
67.5 |
|
Investment Income -
Non-Operating |
91.9 |
990.3 |
-258.7 |
189.7 |
792.0 |
|
Interest/Investment Income - Non-Operating |
123.7 |
1,035.9 |
-181.3 |
278.0 |
859.5 |
|
Interest Income (Expense) - Net Non-Operating Total |
-13.2 |
860.3 |
-355.6 |
91.9 |
701.9 |
|
Gain (Loss) on Sale of Assets |
0.0 |
23.8 |
0.0 |
- |
- |
|
Other Non-Operating Income (Expense) |
-74.3 |
-103.3 |
-96.1 |
-188.2 |
-170.3 |
|
Other, Net |
-74.3 |
-103.3 |
-96.1 |
-188.2 |
-170.3 |
|
Income Before Tax |
1,193.1 |
1,212.7 |
-1,127.7 |
957.5 |
1,834.2 |
|
|
|
|
|
|
|
|
Total Income Tax |
562.2 |
169.7 |
4.1 |
413.6 |
823.0 |
|
Income After Tax |
630.8 |
1,042.9 |
-1,131.8 |
543.9 |
1,011.2 |
|
|
|
|
|
|
|
|
Minority Interest |
12.1 |
-41.4 |
13.3 |
-123.1 |
-135.4 |
|
Net Income Before Extraord Items |
642.9 |
1,001.5 |
-1,118.5 |
420.9 |
875.8 |
|
Net Income |
642.9 |
1,001.5 |
-1,118.5 |
420.9 |
875.8 |
|
|
|
|
|
|
|
|
Miscellaneous Earnings Adjustment |
- |
- |
- |
- |
0.0 |
|
Total Adjustments to Net Income |
- |
- |
- |
- |
0.0 |
|
Income Available to Common Excl Extraord Items |
642.9 |
1,001.5 |
-1,118.5 |
420.9 |
875.8 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
642.9 |
1,001.5 |
-1,118.5 |
420.9 |
875.8 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
2,069.7 |
2,058.7 |
2,067.8 |
2,060.7 |
2,067.4 |
|
Basic EPS Excl Extraord Items |
0.31 |
0.49 |
-0.54 |
0.20 |
0.42 |
|
Basic/Primary EPS Incl Extraord Items |
0.31 |
0.49 |
-0.54 |
0.20 |
0.42 |
|
Dilution Adjustment |
17.5 |
33.4 |
0.0 |
4.9 |
-1.1 |
|
Diluted Net Income |
660.4 |
1,034.9 |
-1,118.5 |
425.8 |
874.6 |
|
Diluted Weighted Average Shares |
2,197.3 |
2,281.0 |
2,067.8 |
2,491.1 |
2,275.5 |
|
Diluted EPS Excl Extraord Items |
0.30 |
0.45 |
-0.54 |
0.17 |
0.38 |
|
Diluted EPS Incl Extraord Items |
0.30 |
0.45 |
-0.54 |
0.17 |
0.38 |
|
Dividends per Share - Common Stock Primary Issue |
0.12 |
0.09 |
0.08 |
0.07 |
0.05 |
|
Gross Dividends - Common Stock |
241.5 |
177.8 |
164.6 |
144.8 |
106.1 |
|
Interest Expense, Supplemental |
136.9 |
175.6 |
174.3 |
186.1 |
36.3 |
|
Depreciation, Supplemental |
2,424.6 |
2,493.4 |
2,807.5 |
2,443.5 |
2,383.9 |
|
Total Special Items |
448.9 |
810.6 |
1,522.5 |
520.4 |
254.4 |
|
Normalized Income Before Tax |
1,642.0 |
2,023.2 |
394.8 |
1,477.9 |
2,088.6 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
125.7 |
78.3 |
476.1 |
224.8 |
114.2 |
|
Inc Tax Ex Impact of Sp Items |
688.0 |
248.1 |
480.2 |
638.3 |
937.1 |
|
Normalized Income After Tax |
954.1 |
1,775.2 |
-85.4 |
839.6 |
1,151.4 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
966.1 |
1,733.8 |
-72.1 |
716.5 |
1,016.0 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.47 |
0.84 |
-0.03 |
0.35 |
0.49 |
|
Diluted Normalized EPS |
0.45 |
0.77 |
-0.03 |
0.29 |
0.45 |
|
Amort of Acquisition Costs, Supplemental |
182.2 |
250.9 |
162.1 |
- |
- |
|
Research & Development Exp, Supplemental |
2,756.5 |
2,420.4 |
2,487.0 |
2,263.4 |
2,172.8 |
|
Reported Operating Profit |
1,547.3 |
1,015.4 |
684.4 |
1,793.4 |
1,557.0 |
|
Reported Ordinary Profit |
1,259.0 |
765.5 |
149.8 |
1,424.5 |
1,259.5 |
|
Normalized EBIT |
1,547.3 |
1,015.4 |
684.4 |
1,574.3 |
1,557.0 |
|
Normalized EBITDA |
4,154.1 |
3,759.7 |
3,654.1 |
4,017.8 |
3,941.0 |
|
Interest Cost - Domestic |
368.2 |
324.5 |
288.4 |
240.9 |
224.1 |
|
Service Cost - Domestic |
454.3 |
421.7 |
380.2 |
320.6 |
311.5 |
|
Prior Service Cost - Domestic |
-217.4 |
-200.0 |
-190.1 |
-162.8 |
-159.5 |
|
Expected Return on Assets - Domestic |
-311.0 |
-250.1 |
-271.5 |
-270.6 |
-262.7 |
|
Actuarial Gains and Losses - Domestic |
435.9 |
462.2 |
263.4 |
86.3 |
47.6 |
|
Transition Costs - Domestic |
0.0 |
175.3 |
166.3 |
141.9 |
138.8 |
|
Other Pension, Net - Domestic |
14.8 |
-0.9 |
0.0 |
- |
- |
|
Domestic Pension Plan Expense |
744.7 |
932.5 |
636.6 |
356.2 |
299.7 |
|
Interest Cost - Foreign |
347.5 |
309.7 |
321.5 |
317.1 |
274.7 |
|
Service Cost - Foreign |
93.9 |
90.3 |
88.1 |
108.7 |
97.3 |
|
Prior Service Cost - Foreign |
-155.5 |
0.0 |
0.0 |
-9.1 |
0.0 |
|
Expected Return on Assets - Foreign |
-303.4 |
-266.9 |
-331.6 |
-337.1 |
-283.6 |
|
Actuarial Gains and Losses - Foreign |
68.1 |
-1.6 |
-3.0 |
8.0 |
2.3 |
|
Other Pension, Net - Foreign |
1.3 |
0.0 |
0.0 |
-14.3 |
0.0 |
|
Foreign Pension Plan Expense |
51.9 |
131.5 |
75.0 |
73.3 |
90.6 |
|
Defined Contribution Expense - Domestic |
4.1 |
- |
- |
- |
- |
|
Defined Contribution Expense - Foreign |
114.1 |
81.3 |
65.4 |
- |
- |
|
Total Pension Expense |
914.9 |
1,145.4 |
777.0 |
429.5 |
390.4 |
|
Discount Rate - Domestic |
2.50% |
2.50% |
2.50% |
2.50% |
2.50% |
|
Expected Rate of Return - Domestic |
2.90% |
2.90% |
2.80% |
2.70% |
2.70% |
|
Total Plan Interest Cost |
715.7 |
634.2 |
609.9 |
558.0 |
498.8 |
|
Total Plan Service Cost |
548.2 |
512.0 |
468.4 |
429.3 |
408.8 |
|
Total Plan Expected Return |
-614.5 |
-517.0 |
-603.1 |
-607.7 |
-546.4 |
|
Total Plan Other Expense |
16.1 |
-0.9 |
0.0 |
-14.3 |
0.0 |
Annual Balance Sheet
Financials
in: USD (mil)
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
82.88 |
93.44 |
98.77 |
99.535 |
118.075 |
|
Auditor |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Shin Nihon &
Co. |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Cash & Equivalents |
4,269.9 |
3,453.9 |
4,947.2 |
2,780.5 |
3,768.4 |
|
Short Term Investments |
130.3 |
1,126.1 |
495.8 |
2,739.2 |
37.9 |
|
Cash and Short Term Investments |
4,400.3 |
4,580.1 |
5,443.0 |
5,519.7 |
3,806.3 |
|
Accounts Receivable -
Trade, Gross |
10,582.4 |
9,860.3 |
8,578.0 |
10,226.7 |
8,926.9 |
|
Provision for Doubtful
Accounts |
-178.3 |
-170.4 |
-83.6 |
-52.7 |
-58.5 |
|
Trade Accounts Receivable - Net |
10,404.1 |
9,689.9 |
8,494.4 |
10,174.0 |
8,868.4 |
|
Total Receivables, Net |
10,404.1 |
9,689.9 |
8,494.4 |
10,174.0 |
8,868.4 |
|
Inventories - Finished Goods |
1,818.1 |
1,558.7 |
1,421.0 |
1,704.5 |
- |
|
Inventories - Work In Progress |
1,363.4 |
1,079.9 |
963.4 |
1,378.6 |
- |
|
Inventories - Raw Materials |
938.2 |
810.7 |
718.2 |
765.9 |
- |
|
Total Inventory |
4,119.7 |
3,449.3 |
3,102.7 |
3,849.0 |
3,492.6 |
|
Deferred Income Tax - Current Asset |
925.0 |
816.7 |
697.0 |
813.4 |
703.9 |
|
Other Current Assets |
1,394.1 |
1,498.1 |
1,373.3 |
1,444.7 |
1,185.3 |
|
Other Current Assets, Total |
2,319.1 |
2,314.8 |
2,070.3 |
2,258.0 |
1,889.2 |
|
Total Current Assets |
21,243.1 |
20,034.0 |
19,110.4 |
21,800.7 |
18,056.5 |
|
|
|
|
|
|
|
|
Property/Plant/Equipment - Net |
7,705.6 |
7,092.6 |
6,814.1 |
8,436.9 |
7,135.2 |
|
Goodwill, Net |
966.3 |
1,005.4 |
470.9 |
687.3 |
702.0 |
|
Intangibles, Net |
2,073.8 |
1,982.7 |
1,668.7 |
1,518.5 |
1,287.8 |
|
LT Investment - Affiliate Companies |
452.8 |
393.5 |
- |
- |
- |
|
LT Investments - Other |
1,385.5 |
1,435.8 |
2,486.6 |
3,954.2 |
4,251.1 |
|
Long Term Investments |
1,838.3 |
1,829.4 |
2,486.6 |
3,954.2 |
4,251.1 |
|
Deferred Income Tax - Long Term Asset |
869.8 |
891.3 |
731.5 |
547.3 |
607.8 |
|
Other Long Term Assets |
1,790.7 |
1,711.4 |
1,338.9 |
1,453.2 |
1,359.7 |
|
Other Long Term Assets, Total |
2,660.6 |
2,602.6 |
2,070.4 |
2,000.5 |
1,967.5 |
|
Total Assets |
36,487.7 |
34,546.8 |
32,621.1 |
38,398.2 |
33,400.2 |
|
|
|
|
|
|
|
|
Accounts Payable |
7,290.8 |
6,710.0 |
5,352.9 |
7,757.7 |
6,985.6 |
|
Accrued Expenses |
3,900.4 |
3,580.4 |
3,026.9 |
3,692.6 |
3,310.5 |
|
Notes Payable/Short Term Debt |
1,514.9 |
533.9 |
1,171.9 |
498.2 |
342.5 |
|
Current Portion - Long Term Debt/Capital Leases |
1,501.8 |
2,144.3 |
3,569.6 |
1,498.7 |
1,573.7 |
|
Income Taxes Payable |
285.0 |
286.0 |
195.7 |
266.5 |
278.0 |
|
Other Current Liabilities |
3,699.7 |
3,441.1 |
2,380.3 |
2,474.9 |
2,818.4 |
|
Other Current liabilities, Total |
3,984.7 |
3,727.2 |
2,576.0 |
2,741.4 |
3,096.4 |
|
Total Current Liabilities |
18,192.7 |
16,695.8 |
15,697.3 |
16,188.7 |
15,308.6 |
|
|
|
|
|
|
|
|
Long Term Debt |
2,959.3 |
3,820.5 |
4,622.8 |
7,305.1 |
4,400.3 |
|
Capital Lease Obligations |
323.1 |
422.8 |
478.9 |
629.2 |
0.0 |
|
Total Long Term Debt |
3,282.4 |
4,243.3 |
5,101.8 |
7,934.3 |
4,400.3 |
|
Total Debt |
6,299.1 |
6,921.5 |
9,843.2 |
9,931.2 |
6,316.5 |
|
|
|
|
|
|
|
|
Deferred Income Tax - LT Liability |
414.2 |
326.7 |
527.3 |
900.2 |
968.4 |
|
Deferred Income Tax |
414.2 |
326.7 |
527.3 |
900.2 |
968.4 |
|
Minority Interest |
1,598.2 |
1,601.6 |
1,788.3 |
1,828.2 |
1,619.3 |
|
Reserves |
300.3 |
349.4 |
319.6 |
320.9 |
360.6 |
|
Pension Benefits - Underfunded |
2,190.8 |
2,208.9 |
1,389.3 |
1,563.0 |
1,679.5 |
|
Other Long Term Liabilities |
599.3 |
573.1 |
214.6 |
136.5 |
852.4 |
|
Other Liabilities, Total |
3,090.4 |
3,131.5 |
1,923.4 |
2,020.4 |
2,892.4 |
|
Total Liabilities |
26,577.9 |
25,998.9 |
25,038.1 |
28,871.8 |
25,189.1 |
|
|
|
|
|
|
|
|
Common Stock |
3,916.8 |
3,474.2 |
3,286.7 |
3,261.4 |
2,749.3 |
|
Common Stock |
3,916.8 |
3,474.2 |
3,286.7 |
3,261.4 |
2,749.3 |
|
Additional Paid-In Capital |
2,853.7 |
2,526.1 |
2,395.8 |
2,502.0 |
4,217.9 |
|
Retained Earnings (Accumulated Deficit) |
4,139.4 |
3,295.8 |
2,265.8 |
3,404.9 |
460.0 |
|
Treasury Stock - Common |
-2.6 |
-29.1 |
-21.6 |
-8.7 |
-16.7 |
|
Unrealized Gain (Loss) |
192.2 |
196.2 |
546.7 |
927.6 |
1,060.8 |
|
Translation Adjustment |
-1,195.2 |
-915.0 |
-919.6 |
-562.1 |
-261.4 |
|
Other Comprehensive Income |
5.5 |
-0.3 |
29.2 |
1.2 |
1.1 |
|
Other Equity, Total |
-1,189.7 |
-915.3 |
-890.5 |
-560.8 |
-260.3 |
|
Total Equity |
9,909.7 |
8,547.9 |
7,582.9 |
9,526.3 |
8,211.1 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
36,487.7 |
34,546.8 |
32,621.1 |
38,398.2 |
33,400.2 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock Primary
Issue |
2,069.6 |
2,064.8 |
2,067.2 |
2,068.9 |
2,067.1 |
|
Total Common Shares Outstanding |
2,069.6 |
2,064.8 |
2,067.2 |
2,068.9 |
2,067.1 |
|
Treasury Shares - Common Stock Primary Issue |
0.4 |
5.2 |
2.8 |
1.1 |
2.9 |
|
Employees |
172,336 |
172,438 |
165,612 |
167,374 |
160,977 |
|
Number of Common Shareholders |
162,900 |
168,791 |
170,846 |
173,291 |
186,212 |
|
Total Long Term Debt, Supplemental |
4,665.5 |
5,646.0 |
7,772.9 |
8,416.6 |
5,974.0 |
|
Long Term Debt Maturing within 1 Year |
2,068.1 |
1,825.5 |
3,150.1 |
1,111.6 |
1,573.7 |
|
Long Term Debt Maturing in Year 2 |
932.9 |
1,833.9 |
1,675.4 |
3,073.0 |
872.8 |
|
Long Term Debt Maturing in Year 3 |
653.1 |
748.6 |
1,368.3 |
1,609.8 |
2,589.6 |
|
Long Term Debt Maturing in Year 4 |
527.1 |
342.1 |
663.0 |
1,259.0 |
427.9 |
|
Long Term Debt Maturing in Year 5 |
484.1 |
467.3 |
105.3 |
657.0 |
207.7 |
|
Long Term Debt Maturing in 2-3 Years |
1,586.0 |
2,582.5 |
3,043.6 |
4,682.8 |
3,462.4 |
|
Long Term Debt Maturing in 4-5 Years |
1,011.2 |
809.4 |
768.3 |
1,916.0 |
635.6 |
|
Long Term Debt Matur. in Year 6 & Beyond |
0.2 |
428.6 |
810.9 |
706.3 |
302.3 |
|
Total Capital Leases, Supplemental |
618.3 |
741.6 |
898.4 |
1,016.4 |
- |
|
Capital Lease Payments Due in Year 1 |
295.2 |
318.8 |
419.5 |
387.2 |
- |
|
Capital Lease Payments Due in Year 2 |
126.4 |
214.5 |
214.3 |
293.9 |
- |
|
Capital Lease Payments Due in Year 3 |
80.1 |
86.8 |
139.4 |
159.3 |
- |
|
Capital Lease Payments Due in Year 4 |
43.4 |
44.3 |
51.7 |
75.2 |
- |
|
Capital Lease Payments Due in Year 5 |
22.1 |
21.5 |
25.5 |
28.0 |
- |
|
Capital Lease Payments Due in 2-3 Years |
206.5 |
301.2 |
353.6 |
453.2 |
- |
|
Capital Lease Payments Due in 4-5 Years |
65.4 |
65.7 |
77.2 |
103.2 |
- |
|
Cap. Lease Pymts. Due in Year 6 & Beyond |
51.1 |
55.9 |
48.1 |
72.8 |
- |
|
Total Operating Leases, Supplemental |
1,034.0 |
1,050.9 |
676.4 |
- |
- |
|
Operating Lease Payments Due in Year 1 |
233.7 |
223.3 |
123.6 |
- |
- |
|
Oper. Lse. Pymts. Due in Year 6 & Beyond |
800.3 |
827.5 |
552.8 |
- |
- |
|
Pension Obligation - Domestic |
15,445.8 |
13,576.9 |
12,132.4 |
11,512.5 |
9,353.3 |
|
Pension Obligation - Foreign |
6,455.1 |
6,337.2 |
3,584.7 |
5,444.4 |
5,755.8 |
|
Plan Assets - Domestic |
10,926.5 |
10,002.9 |
8,009.7 |
9,589.7 |
9,538.7 |
|
Plan Assets - Foreign |
4,777.1 |
4,176.5 |
3,001.0 |
4,727.8 |
4,628.4 |
|
Funded Status - Domestic |
-4,519.2 |
-3,574.0 |
-4,122.7 |
-1,922.8 |
185.4 |
|
Funded Status - Foreign |
-1,678.0 |
-2,160.7 |
-583.7 |
-716.6 |
-1,127.4 |
|
Total Funded Status |
-6,197.2 |
-5,734.6 |
-4,706.4 |
-2,639.4 |
-942.1 |
|
Discount Rate - Domestic |
2.50% |
2.50% |
2.50% |
2.50% |
2.50% |
|
Discount Rate - Foreign |
5.60% |
5.60% |
6.90% |
6.90% |
5.50% |
|
Expected Rate of Return - Domestic |
2.90% |
2.90% |
2.80% |
2.70% |
2.70% |
|
Expected Rate of Return - Foreign |
7.20% |
7.80% |
8.00% |
7.00% |
7.00% |
|
Prepaid Benefits - Domestic |
666.0 |
611.5 |
734.1 |
834.0 |
759.7 |
|
Accrued Liabilities - Domestic |
-1,381.3 |
-1,225.5 |
-921.8 |
-749.5 |
-645.1 |
|
Accrued Liabilities - Foreign |
-809.5 |
-983.4 |
-467.5 |
-812.7 |
-1,024.5 |
|
Other Assets, Net - Domestic |
3,803.9 |
2,960.0 |
3,934.9 |
2,006.4 |
-70.8 |
|
Other Assets, Net - Foreign |
868.5 |
1,177.3 |
116.2 |
-96.1 |
102.9 |
|
Net Assets Recognized on Balance Sheet |
3,147.6 |
2,539.8 |
3,395.9 |
1,182.2 |
-877.9 |
|
Total Plan Obligations |
21,900.9 |
19,914.0 |
15,717.1 |
16,956.9 |
15,109.1 |
|
Total Plan Assets |
15,703.7 |
14,179.4 |
11,010.8 |
14,317.4 |
14,167.1 |
Annual Cash Flows
Financials
in: USD (mil)
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
116.944303 |
|
Auditor |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Shin Nihon &
Co. |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
1,193.1 |
1,212.7 |
-1,127.7 |
957.5 |
1,834.2 |
|
Depreciation |
2,424.6 |
2,493.4 |
2,807.5 |
2,443.5 |
2,383.9 |
|
Depreciation/Depletion |
2,424.6 |
2,493.4 |
2,807.5 |
2,443.5 |
2,383.9 |
|
Amortization of Acquisition Costs |
182.2 |
250.9 |
162.1 |
- |
- |
|
Amortization |
182.2 |
250.9 |
162.1 |
- |
- |
|
Unusual Items |
-5.6 |
-820.1 |
994.5 |
603.1 |
-277.8 |
|
Equity in Net Earnings (Loss) |
-44.4 |
-30.2 |
338.8 |
-80.4 |
-59.8 |
|
Other Non-Cash Items |
-465.5 |
-231.6 |
-51.6 |
-176.0 |
-135.0 |
|
Non-Cash Items |
-515.5 |
-1,081.9 |
1,281.8 |
346.8 |
-472.6 |
|
Accounts Receivable |
299.8 |
526.5 |
1,264.8 |
-231.4 |
-997.6 |
|
Inventories |
-265.0 |
202.2 |
632.1 |
-73.1 |
-63.7 |
|
Accounts Payable |
-20.0 |
-248.0 |
-2,237.9 |
-200.3 |
421.3 |
|
Other Operating Cash Flow |
-317.0 |
-177.6 |
-226.5 |
-416.6 |
395.5 |
|
Changes in Working Capital |
-302.3 |
303.2 |
-567.5 |
-921.5 |
-244.4 |
|
Cash from Operating Activities |
2,982.0 |
3,178.2 |
2,556.3 |
2,826.3 |
3,501.0 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-1,426.8 |
-1,232.2 |
-1,750.0 |
-2,353.0 |
-2,211.6 |
|
Purchase/Acquisition of Intangibles |
-696.6 |
-632.9 |
-658.0 |
-543.2 |
-505.6 |
|
Capital Expenditures |
-2,123.4 |
-1,865.2 |
-2,408.0 |
-2,896.2 |
-2,717.2 |
|
Acquisition of Business |
8.3 |
542.5 |
0.0 |
- |
- |
|
Sale of Business |
49.2 |
188.8 |
0.0 |
- |
- |
|
Sale of Fixed Assets |
80.1 |
98.7 |
185.6 |
34.9 |
532.7 |
|
Sale/Maturity of Investment |
409.8 |
1,256.9 |
155.3 |
485.3 |
1,001.5 |
|
Purchase of Investments |
-187.1 |
-254.6 |
-169.4 |
-183.6 |
-195.1 |
|
Other Investing Cash Flow |
104.7 |
43.9 |
1.3 |
75.6 |
86.2 |
|
Other Investing Cash Flow Items, Total |
465.1 |
1,876.1 |
172.7 |
412.2 |
1,425.3 |
|
Cash from Investing Activities |
-1,658.4 |
11.0 |
-2,235.3 |
-2,484.0 |
-1,291.9 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
-473.7 |
-466.8 |
-418.9 |
-630.4 |
-270.2 |
|
Financing Cash Flow Items |
-473.7 |
-466.8 |
-418.9 |
-630.4 |
-270.2 |
|
Cash Dividends Paid - Common |
-270.6 |
-148.9 |
-243.4 |
-138.9 |
-141.7 |
|
Total Cash Dividends Paid |
-270.6 |
-148.9 |
-243.4 |
-138.9 |
-141.7 |
|
Sale/Issuance of
Common |
0.3 |
0.3 |
0.0 |
- |
- |
|
Repurchase/Retirement
of Common |
-1.7 |
-244.1 |
0.0 |
- |
- |
|
Common Stock, Net |
-1.4 |
-243.9 |
0.0 |
- |
- |
|
Issuance (Retirement) of Stock, Net |
-1.4 |
-243.9 |
0.0 |
- |
- |
|
Short Term Debt, Net |
86.0 |
-870.0 |
810.3 |
140.8 |
-231.5 |
|
Long Term Debt Issued |
743.8 |
882.8 |
1,087.2 |
2,947.1 |
121.1 |
|
Long Term Debt
Reduction |
-2,032.2 |
-3,514.1 |
-1,711.8 |
-1,773.4 |
-1,486.8 |
|
Long Term Debt, Net |
-1,288.4 |
-2,631.3 |
-624.7 |
1,173.7 |
-1,365.7 |
|
Issuance (Retirement) of Debt, Net |
-1,202.3 |
-3,501.3 |
185.7 |
1,314.5 |
-1,597.2 |
|
Cash from Financing Activities |
-1,948.1 |
-4,360.9 |
-476.6 |
545.3 |
-2,009.1 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
-94.4 |
-10.6 |
-40.2 |
-20.2 |
37.8 |
|
Net Change in Cash |
-718.8 |
-1,182.3 |
-195.8 |
867.3 |
237.8 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
4,903.5 |
5,703.1 |
5,452.0 |
3,925.6 |
3,599.1 |
|
Net Cash - Ending Balance |
4,184.7 |
4,520.8 |
5,256.3 |
4,792.9 |
3,836.9 |
|
Cash Interest Paid |
130.5 |
192.4 |
184.4 |
169.6 |
161.1 |
|
Cash Taxes Paid |
422.9 |
251.4 |
319.5 |
393.9 |
329.6 |
Annual Income Statement
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
116.944303 |
|
Auditor |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Shin Nihon &
Co. |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Net Sales |
52,845.5 |
50,349.3 |
46,703.7 |
46,638.3 |
43,611.9 |
|
Total Revenue |
52,845.5 |
50,349.3 |
46,703.7 |
46,638.3 |
43,611.9 |
|
|
|
|
|
|
|
|
Cost of Goods Sold |
38,170.9 |
36,974.1 |
34,746.8 |
34,641.1 |
32,337.2 |
|
Salary |
3,594.5 |
3,327.4 |
3,076.7 |
2,811.7 |
2,752.4 |
|
Research&Development |
2,756.5 |
2,420.4 |
2,487.0 |
2,263.4 |
2,172.8 |
|
Other SGA |
6,776.1 |
6,612.0 |
5,708.8 |
5,128.7 |
4,792.5 |
|
SP Settlement received |
- |
- |
- |
- |
0.0 |
|
SP L on Negative Goodwill |
-14.2 |
0.0 |
- |
- |
- |
|
SP L on policy change of retirement |
14.8 |
0.0 |
- |
- |
- |
|
SP Impairment loss |
18.4 |
31.2 |
586.4 |
4.0 |
85.4 |
|
SP Business restructuring exp. |
0.0 |
510.1 |
539.4 |
193.6 |
0.0 |
|
SP L.Val.Inv.Secs. |
- |
0.0 |
186.4 |
219.9 |
0.0 |
|
SP L on val. of inventories |
- |
- |
0.0 |
219.1 |
0.0 |
|
SP Reserve prior year warranty |
- |
- |
- |
- |
0.0 |
|
SP Disater Loss |
135.9 |
- |
- |
- |
- |
|
Loss on adju. for changes of accounting |
48.0 |
0.0 |
- |
- |
- |
|
NOP Retire fixed asset |
63.9 |
42.2 |
48.2 |
102.9 |
169.0 |
|
Total Operating Expense |
51,564.9 |
49,917.4 |
47,379.6 |
45,584.4 |
42,309.3 |
|
|
|
|
|
|
|
|
NOP Interest Income |
31.8 |
45.6 |
77.3 |
88.3 |
67.5 |
|
NOP Dividend Income |
39.7 |
40.6 |
115.3 |
67.1 |
53.8 |
|
NOP Equity Earning |
44.4 |
30.2 |
0.0 |
80.4 |
59.8 |
|
NOP Exchange Gain |
- |
- |
- |
0.0 |
18.2 |
|
NOP Miscellaneous income |
137.8 |
154.3 |
121.4 |
151.9 |
186.8 |
|
NOP Interest Expense |
-136.9 |
-175.6 |
-174.3 |
-186.1 |
-157.6 |
|
NOP Equity Loss |
- |
0.0 |
-338.8 |
0.0 |
0.0 |
|
NOP Exchange Loss |
-129.1 |
-45.2 |
-69.8 |
-127.4 |
0.0 |
|
NOP Amort.Retire.Res. |
- |
- |
- |
0.0 |
-26.9 |
|
NOP Miscellaneous expense |
-212.1 |
-257.6 |
-217.4 |
-340.1 |
-330.2 |
|
SP G.Sale Inv.Secs. |
109.3 |
964.7 |
34.7 |
151.4 |
661.3 |
|
SP G. change in equity |
27.6 |
0.0 |
0.0 |
18.1 |
18.3 |
|
SP G on transfer of business |
0.0 |
23.8 |
0.0 |
- |
- |
|
SP L sale investment secs |
- |
- |
- |
0.0 |
-19.5 |
|
Net Income Before Taxes |
1,193.1 |
1,212.7 |
-1,127.7 |
957.5 |
1,834.2 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
562.2 |
169.7 |
4.1 |
413.6 |
823.0 |
|
Net Income After Taxes |
630.8 |
1,042.9 |
-1,131.8 |
543.9 |
1,011.2 |
|
|
|
|
|
|
|
|
Minority Interests |
12.1 |
-41.4 |
13.3 |
-123.1 |
-135.4 |
|
Net Income Before Extra. Items |
642.9 |
1,001.5 |
-1,118.5 |
420.9 |
875.8 |
|
Net Income |
642.9 |
1,001.5 |
-1,118.5 |
420.9 |
875.8 |
|
|
|
|
|
|
|
|
Bonus to Director |
- |
- |
- |
- |
0.0 |
|
Income Available to Com Excl ExtraOrd |
642.9 |
1,001.5 |
-1,118.5 |
420.9 |
875.8 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
642.9 |
1,001.5 |
-1,118.5 |
420.9 |
875.8 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
2,069.7 |
2,058.7 |
2,067.8 |
2,060.7 |
2,067.4 |
|
Basic EPS Excluding ExtraOrdinary Items |
0.31 |
0.49 |
-0.54 |
0.20 |
0.42 |
|
Basic EPS Including ExtraOrdinary Item |
0.31 |
0.49 |
-0.54 |
0.20 |
0.42 |
|
Dilution Adjustment |
17.5 |
33.4 |
0.0 |
4.9 |
-1.1 |
|
Diluted Net Income |
660.4 |
1,034.9 |
-1,118.5 |
425.8 |
874.6 |
|
Diluted Weighted Average Shares |
2,197.3 |
2,281.0 |
2,067.8 |
2,491.1 |
2,275.5 |
|
Diluted EPS Excluding ExtraOrd Items |
0.30 |
0.45 |
-0.54 |
0.17 |
0.38 |
|
Diluted EPS Including ExtraOrd Items |
0.30 |
0.45 |
-0.54 |
0.17 |
0.38 |
|
DPS-Common Stock |
0.12 |
0.09 |
0.08 |
0.07 |
0.05 |
|
Gross Dividends - Common Stock |
241.5 |
177.8 |
164.6 |
144.8 |
106.1 |
|
Normalized Income Before Taxes |
1,642.0 |
2,023.2 |
394.8 |
1,477.9 |
2,088.6 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
688.0 |
248.1 |
480.2 |
638.3 |
937.1 |
|
Normalized Income After Taxes |
954.1 |
1,775.2 |
-85.4 |
839.6 |
1,151.4 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
966.1 |
1,733.8 |
-72.1 |
716.5 |
1,016.0 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.47 |
0.84 |
-0.03 |
0.35 |
0.49 |
|
Diluted Normalized EPS |
0.45 |
0.77 |
-0.03 |
0.29 |
0.45 |
|
Research&Development |
2,756.5 |
2,420.4 |
2,487.0 |
2,263.4 |
2,172.8 |
|
Interest Expense |
136.9 |
175.6 |
174.3 |
186.1 |
36.3 |
|
Amort of Goodwill |
182.2 |
250.9 |
162.1 |
- |
- |
|
Depreciation |
2,424.6 |
2,493.4 |
2,807.5 |
- |
- |
|
Depreciation & Amort. of Goodwill |
- |
- |
- |
2,443.5 |
2,383.9 |
|
Reported Operating Profit |
1,547.3 |
1,015.4 |
684.4 |
1,793.4 |
1,557.0 |
|
Reported Ordinary Profit |
1,259.0 |
765.5 |
149.8 |
1,424.5 |
1,259.5 |
|
Service cost |
454.3 |
421.7 |
380.2 |
320.6 |
311.5 |
|
Interest cost |
368.2 |
324.5 |
288.4 |
240.9 |
224.1 |
|
Expected return on plan asset |
-311.0 |
-250.1 |
-271.5 |
-270.6 |
-262.7 |
|
Exp. due to accounting change |
0.0 |
175.3 |
166.3 |
141.9 |
138.8 |
|
Actuarial G/L |
435.9 |
462.2 |
263.4 |
86.3 |
47.6 |
|
Prior service cost |
-217.4 |
-200.0 |
-190.1 |
-162.8 |
-159.5 |
|
Termination of defined benefits |
14.8 |
-0.9 |
0.0 |
- |
- |
|
Domestic Pension Plan Expense |
744.7 |
932.5 |
636.6 |
356.2 |
299.7 |
|
Service cost - Foreign |
93.9 |
90.3 |
88.1 |
108.7 |
97.3 |
|
Interest cost - Foreign |
347.5 |
309.7 |
321.5 |
317.1 |
274.7 |
|
Expected return on plan asset - Foreign |
-303.4 |
-266.9 |
-331.6 |
-337.1 |
-283.6 |
|
Actuarial G/L - Foreign |
68.1 |
-1.6 |
-3.0 |
8.0 |
2.3 |
|
Prior service cost - Foreign |
-155.5 |
0.0 |
0.0 |
-9.1 |
0.0 |
|
Termination of defined benefits-Foreign |
1.3 |
0.0 |
0.0 |
-14.3 |
0.0 |
|
Foreign Pension Plan Expense |
51.9 |
131.5 |
75.0 |
73.3 |
90.6 |
|
Defined Contribution Expense - Domestic |
4.1 |
- |
- |
- |
- |
|
Defined Contribution Expense - Foreign |
114.1 |
81.3 |
65.4 |
- |
- |
|
Total Pension Expense |
914.9 |
1,145.4 |
777.0 |
429.5 |
390.4 |
|
Discount Rate |
2.50% |
2.50% |
2.50% |
2.50% |
2.50% |
|
Expected Rate of Return |
2.90% |
2.90% |
2.80% |
2.70% |
2.70% |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
82.88 |
93.44 |
98.77 |
99.535 |
118.075 |
|
Auditor |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Shin Nihon &
Co. |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Cash & Deposit |
4,269.9 |
3,453.9 |
4,947.2 |
2,780.5 |
- |
|
Cash, Deposit & Mkbl.Secs. |
- |
- |
- |
- |
3,768.4 |
|
Note&Acct. Rcvbl, gross |
10,582.4 |
9,860.3 |
8,578.0 |
10,226.7 |
8,926.9 |
|
Mkbl.Secs. |
130.3 |
1,126.1 |
495.8 |
2,739.2 |
37.9 |
|
Inventories |
- |
- |
- |
- |
3,492.6 |
|
Inventories - merch &finished goods |
1,818.1 |
1,558.7 |
1,421.0 |
1,704.5 |
- |
|
Inventories - work-in-process |
1,363.4 |
1,079.9 |
963.4 |
1,378.6 |
- |
|
Inventories - raw materials & supplies |
938.2 |
810.7 |
718.2 |
765.9 |
- |
|
Dfrd.Income Tax |
925.0 |
816.7 |
697.0 |
813.4 |
703.9 |
|
Other Assets |
1,394.1 |
1,498.1 |
1,373.3 |
1,444.7 |
1,185.3 |
|
Doubtful Account |
-178.3 |
-170.4 |
-83.6 |
-52.7 |
-58.5 |
|
Total Current Assets |
21,243.1 |
20,034.0 |
19,110.4 |
21,800.7 |
18,056.5 |
|
|
|
|
|
|
|
|
Buildings & structures, net |
3,352.4 |
2,923.1 |
2,681.4 |
2,957.2 |
2,294.1 |
|
Machineries & equipment, net |
1,216.3 |
1,184.1 |
1,291.2 |
2,402.2 |
2,070.8 |
|
Tools, furniture, & fixtures, net |
1,521.5 |
1,471.6 |
1,542.1 |
1,779.7 |
1,561.3 |
|
Land |
1,417.5 |
1,279.2 |
1,142.4 |
1,060.8 |
943.6 |
|
Constr. in Prog. |
198.0 |
234.6 |
157.1 |
237.0 |
265.4 |
|
Software |
1,630.3 |
1,493.4 |
1,414.7 |
1,350.6 |
1,128.5 |
|
Goodwill |
966.3 |
1,005.4 |
470.9 |
687.3 |
702.0 |
|
Other Intangible |
443.5 |
489.3 |
254.0 |
167.9 |
159.2 |
|
Invest. Secs. |
1,385.5 |
1,435.8 |
2,486.6 |
3,954.2 |
4,251.1 |
|
Equity secs.-nonconsol affil.&sub. |
452.8 |
393.5 |
- |
- |
- |
|
Dfrd.Income Tax |
869.8 |
891.3 |
731.5 |
547.3 |
607.8 |
|
Other Assets |
1,874.4 |
1,797.4 |
1,414.2 |
1,542.1 |
1,386.2 |
|
Allow.Doubt.Acct |
-83.7 |
-86.0 |
-75.3 |
-88.9 |
-26.5 |
|
Total Assets |
36,487.7 |
34,546.8 |
32,621.1 |
38,398.2 |
33,400.2 |
|
|
|
|
|
|
|
|
Note&Acct. Pybl. |
7,290.8 |
6,710.0 |
5,352.9 |
7,757.7 |
6,985.6 |
|
ST Borrowings |
1,514.9 |
533.9 |
1,171.9 |
498.2 |
342.5 |
|
LT debt(Current) |
- |
220.2 |
85.6 |
11.1 |
303.3 |
|
Cur.Port.Bond |
1,206.6 |
1,605.3 |
3,064.5 |
1,100.5 |
1,270.4 |
|
Lease liabilities |
295.2 |
318.8 |
419.5 |
387.2 |
0.0 |
|
Income Tax Pybl. |
285.0 |
286.0 |
195.7 |
266.5 |
278.0 |
|
Accrued Expenses |
3,898.9 |
3,579.4 |
3,026.9 |
3,690.4 |
3,310.5 |
|
Reserve Product Warranty |
304.7 |
272.1 |
151.3 |
200.5 |
143.3 |
|
Res. for construction contract loss |
258.1 |
263.0 |
61.8 |
0.0 |
- |
|
Reserve for directors' bonuses |
1.5 |
1.0 |
0.0 |
2.2 |
0.0 |
|
Other Liabs. |
3,136.9 |
2,906.0 |
2,167.2 |
2,274.4 |
2,675.1 |
|
Total Current Liabilities |
18,192.7 |
16,695.8 |
15,697.3 |
16,188.7 |
15,308.6 |
|
|
|
|
|
|
|
|
Corp. Bond |
2,175.4 |
2,463.6 |
3,855.4 |
6,831.8 |
4,065.2 |
|
Long Term Debt |
783.9 |
1,356.9 |
767.4 |
473.3 |
335.1 |
|
LT Lease liabilities |
323.1 |
422.8 |
478.9 |
629.2 |
0.0 |
|
Total Long Term Debt |
3,282.4 |
4,243.3 |
5,101.8 |
7,934.3 |
4,400.3 |
|
|
|
|
|
|
|
|
Accrued Retire. |
2,190.8 |
2,208.9 |
1,389.3 |
1,563.0 |
1,669.6 |
|
Accrued director's retire |
- |
- |
- |
0.0 |
9.9 |
|
Provis. for purch. elec. computer Loss |
196.9 |
251.6 |
261.6 |
272.1 |
327.3 |
|
Res.Recycle Cost |
76.8 |
59.4 |
58.0 |
48.8 |
33.2 |
|
Reserve for product warranty |
26.6 |
38.4 |
0.0 |
- |
- |
|
Dfrd.Tax |
407.3 |
320.5 |
521.5 |
894.4 |
963.5 |
|
Reval.Dfrd.Tax |
6.9 |
6.2 |
5.8 |
5.8 |
4.9 |
|
Other LT Liabs. |
599.3 |
573.1 |
214.6 |
136.5 |
852.4 |
|
Minority Int. |
1,598.2 |
1,601.6 |
1,788.3 |
1,828.2 |
1,619.3 |
|
Total Liabilities |
26,577.9 |
25,998.9 |
25,038.1 |
28,871.8 |
25,189.1 |
|
|
|
|
|
|
|
|
Common Stock |
3,916.8 |
3,474.2 |
3,286.7 |
3,261.4 |
2,749.3 |
|
Paid in Capital |
2,852.8 |
2,525.5 |
2,395.6 |
2,502.0 |
4,217.9 |
|
Retained Earning |
4,139.4 |
3,295.8 |
2,265.8 |
3,404.9 |
460.0 |
|
Treasury Stock |
-2.6 |
-29.1 |
-21.6 |
-8.7 |
-16.7 |
|
Unrealized Gains |
163.7 |
171.3 |
523.0 |
903.0 |
1,039.8 |
|
Deferred hedge gain/loss |
5.5 |
-0.3 |
29.2 |
1.2 |
1.1 |
|
Revalue of Land |
28.5 |
24.9 |
23.6 |
24.6 |
21.1 |
|
Currency Adjust. |
-1,195.2 |
-915.0 |
-919.6 |
-562.1 |
-261.4 |
|
New Stock Subscription Right |
0.9 |
0.6 |
0.3 |
0.0 |
- |
|
Total Equity |
9,909.7 |
8,547.9 |
7,582.9 |
9,526.3 |
8,211.1 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders' Equity |
36,487.7 |
34,546.8 |
32,621.1 |
38,398.2 |
33,400.2 |
|
|
|
|
|
|
|
|
S/O-Common Stock |
2,069.6 |
2,064.8 |
2,067.2 |
2,068.9 |
2,067.1 |
|
Total Common Shares Outstanding |
2,069.6 |
2,064.8 |
2,067.2 |
2,068.9 |
2,067.1 |
|
T/S-Common Stock |
0.4 |
5.2 |
2.8 |
1.1 |
2.9 |
|
Full-Time Employees |
172,336 |
172,438 |
165,612 |
167,374 |
160,977 |
|
Number of Common Shareholders |
162,900 |
168,791 |
170,846 |
173,291 |
186,212 |
|
LT Debt, mat. within 1 yr. |
2,068.1 |
1,825.5 |
3,150.1 |
1,111.6 |
1,573.7 |
|
LT Debt, mat. b/w 1 & 2 yr. |
932.9 |
1,833.9 |
1,675.4 |
3,073.0 |
872.8 |
|
LT Debt, mat. b/w 2 & 3 yr. |
653.1 |
748.6 |
1,368.3 |
1,609.8 |
2,589.6 |
|
LT Debt, mat. b/w 3 & 4 yr. |
527.1 |
342.1 |
663.0 |
1,259.0 |
427.9 |
|
LT Debt, mat. b/w 4 & 5 yr. |
484.1 |
467.3 |
105.3 |
657.0 |
207.7 |
|
Other LT Debt |
0.2 |
428.6 |
810.9 |
706.3 |
302.3 |
|
Total Long Term Debt, Supplemental |
4,665.5 |
5,646.0 |
7,772.9 |
8,416.6 |
5,974.0 |
|
Capital lease mat. within 1 yr. |
295.2 |
318.8 |
419.5 |
387.2 |
- |
|
Capital lease mat. b/w 1 & 2 yr. |
126.4 |
214.5 |
214.3 |
293.9 |
- |
|
Capital lease mat. b/w 2 & 3 yr. |
80.1 |
86.8 |
139.4 |
159.3 |
- |
|
Capital lease mat. b/w 3 & 4 yr. |
43.4 |
44.3 |
51.7 |
75.2 |
- |
|
Capital lease mat. b/w 4 & 5 yr. |
22.1 |
21.5 |
25.5 |
28.0 |
- |
|
Other Capital lease |
51.1 |
55.9 |
48.1 |
72.8 |
- |
|
Total Capital Leases |
618.3 |
741.6 |
898.4 |
1,016.4 |
- |
|
Operating Lease Pymts. Due within 1Year |
233.7 |
223.3 |
123.6 |
- |
- |
|
Operating Leases - Remaining Payments |
800.3 |
827.5 |
552.8 |
- |
- |
|
Total Operating Leases |
1,034.0 |
1,050.9 |
676.4 |
- |
- |
|
Pension obligation |
15,445.8 |
13,576.9 |
12,132.4 |
11,512.5 |
9,353.3 |
|
Fair value of plan asset |
- |
- |
- |
9,589.7 |
9,538.7 |
|
Plan asset-pension retirement trust |
10,426.9 |
9,373.0 |
7,609.7 |
- |
- |
|
Other plan asset |
499.7 |
629.9 |
400.0 |
- |
- |
|
Funded status |
-4,519.2 |
-3,574.0 |
-4,122.7 |
-1,922.8 |
185.4 |
|
Pension obligation - Foreign |
6,455.1 |
6,337.2 |
3,584.7 |
5,444.4 |
5,755.8 |
|
Fair value of plan asset - Foreign |
4,777.1 |
4,176.5 |
3,001.0 |
4,727.8 |
4,628.4 |
|
Funded status - Foreign |
-1,678.0 |
-2,160.7 |
-583.7 |
-716.6 |
-1,127.4 |
|
Total Funded Status |
-6,197.2 |
-5,734.6 |
-4,706.4 |
-2,639.4 |
-942.1 |
|
Discount rate |
2.50% |
2.50% |
2.50% |
2.50% |
2.50% |
|
Expected rate of return |
2.90% |
2.90% |
2.80% |
2.70% |
2.70% |
|
Discount rate - Foreign |
5.60% |
5.60% |
6.90% |
6.90% |
5.50% |
|
Expected rate of return - Foreign |
7.20% |
7.80% |
8.00% |
7.00% |
7.00% |
|
Exp. unrecog. for account change |
- |
0.0 |
166.7 |
327.3 |
413.3 |
|
Unrecog. actuarial G/L |
4,810.3 |
4,052.0 |
4,991.1 |
3,077.1 |
853.1 |
|
Unrecog. prior service cost |
-1,006.4 |
-1,092.0 |
-1,222.9 |
-1,397.9 |
-1,337.2 |
|
Prepaid pension |
666.0 |
611.5 |
734.1 |
834.0 |
759.7 |
|
Accrued pension benefit |
-1,381.3 |
-1,225.5 |
-921.8 |
-749.5 |
-645.1 |
|
Unrecog. actuarial G/L - Foreign |
896.7 |
1,177.9 |
116.9 |
-96.1 |
101.3 |
|
Unrecog. prior service cost - Foreign |
-28.3 |
-0.6 |
-0.7 |
0.0 |
1.6 |
|
Accrued pension benefit - Foreign |
-809.5 |
-983.4 |
-467.5 |
-812.7 |
-1,024.5 |
|
Net Assets Recognized on Balance Sheet |
3,147.6 |
2,539.8 |
3,395.9 |
1,182.2 |
-877.9 |
Annual Cash Flows
Financials
in: USD (mil)
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
116.944303 |
|
Auditor |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Shin Nihon &
Co. |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Income before Tax |
1,193.1 |
1,212.7 |
-1,127.7 |
957.5 |
1,834.2 |
|
Depreciation |
2,424.6 |
2,493.4 |
2,807.5 |
2,443.5 |
2,383.9 |
|
Impairment loss |
18.4 |
31.2 |
748.3 |
164.1 |
85.4 |
|
Amort. of goodwill |
182.2 |
250.9 |
162.1 |
- |
- |
|
Reserve |
-531.0 |
-321.0 |
-120.5 |
-215.3 |
-176.9 |
|
Int.&Dividend Income |
-71.4 |
-86.3 |
-192.6 |
-155.4 |
-121.3 |
|
Interest Charges |
136.9 |
175.6 |
174.3 |
186.1 |
157.6 |
|
Equity in Affiliates |
-44.4 |
-30.2 |
338.8 |
-80.4 |
-59.8 |
|
Loss on Asset Retire |
85.3 |
113.4 |
94.5 |
151.5 |
238.4 |
|
G/L sale investment secs |
-109.3 |
-964.7 |
-34.7 |
-151.4 |
-641.9 |
|
L on valuation of investment sec. |
- |
0.0 |
186.4 |
219.9 |
40.2 |
|
L on valuation of inventories |
- |
- |
0.0 |
219.1 |
0.0 |
|
Note&Acct. Rcvbl |
299.8 |
526.5 |
1,264.8 |
-231.4 |
-997.6 |
|
Inventories |
-265.0 |
202.2 |
632.1 |
-73.1 |
-63.7 |
|
Note&Acct. Pybl. |
-20.0 |
-248.0 |
-2,237.9 |
-200.3 |
421.3 |
|
Other Operating Activities |
155.9 |
169.7 |
-14.9 |
-9.5 |
755.3 |
|
Int.&Div.Rcvd. |
80.4 |
96.5 |
292.4 |
156.4 |
130.9 |
|
Interest Paid |
-130.5 |
-192.4 |
-184.4 |
-169.6 |
-161.1 |
|
Income Taxes Paid |
-422.9 |
-251.4 |
-319.5 |
-393.9 |
-329.6 |
|
Newly Consolidated |
- |
- |
87.3 |
8.6 |
5.6 |
|
Cash from Operating Activities |
2,982.0 |
3,178.2 |
2,556.3 |
2,826.3 |
3,501.0 |
|
|
|
|
|
|
|
|
Capital Expenditures |
-1,426.8 |
-1,232.2 |
-1,750.0 |
-2,353.0 |
-2,211.6 |
|
Sale of Fixed Assets |
80.1 |
98.7 |
185.6 |
34.9 |
532.7 |
|
Purchase-Intangibles |
-696.6 |
-632.9 |
-658.0 |
-543.2 |
-505.6 |
|
Purch.Inv.Secs. |
-187.1 |
-254.6 |
-169.4 |
-183.6 |
-195.1 |
|
Sale Inv.Secs. |
409.8 |
1,256.9 |
155.3 |
485.3 |
1,001.5 |
|
Purch. of con.Subs. Secs.-inflow |
8.3 |
542.5 |
0.0 |
- |
- |
|
Proceeds from transfer of business |
49.2 |
188.8 |
0.0 |
- |
- |
|
Other Investing Activities |
104.7 |
43.9 |
1.3 |
75.6 |
86.2 |
|
Cash from Investing Activities |
-1,658.4 |
11.0 |
-2,235.3 |
-2,484.0 |
-1,291.9 |
|
|
|
|
|
|
|
|
ST Borrowings, Net |
86.0 |
-870.0 |
810.3 |
140.8 |
-231.5 |
|
LT Debt Proceeds |
58.2 |
751.3 |
394.4 |
104.6 |
121.1 |
|
LT Debt Payments |
-180.8 |
-121.4 |
-30.9 |
-336.1 |
-202.4 |
|
Proc.Bond |
685.6 |
131.5 |
692.7 |
2,842.5 |
0.0 |
|
Redempt.Bond |
-1,851.4 |
-3,392.7 |
-1,680.9 |
-1,437.4 |
-1,284.4 |
|
Proceeds from sales of treasury stock |
0.3 |
0.3 |
0.0 |
- |
- |
|
Purchase of treasury stock |
-1.7 |
-244.1 |
0.0 |
- |
- |
|
Dividends Paid |
-270.6 |
-148.9 |
-243.4 |
-138.9 |
-141.7 |
|
Other Financing Activities |
-473.7 |
-466.8 |
-418.9 |
-630.4 |
-270.2 |
|
Cash from Financing Activities |
-1,948.1 |
-4,360.9 |
-476.6 |
545.3 |
-2,009.1 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
-94.4 |
-10.6 |
-40.2 |
-20.2 |
37.8 |
|
Net Change in Cash |
-718.8 |
-1,182.3 |
-195.8 |
867.3 |
237.8 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
4,903.5 |
5,703.1 |
5,452.0 |
3,925.6 |
3,599.1 |
|
Net Cash - Ending Balance |
4,184.7 |
4,520.8 |
5,256.3 |
4,792.9 |
3,836.9 |
|
Cash Interest Paid |
130.5 |
192.4 |
184.4 |
169.6 |
161.1 |
|
Cash Taxes Paid |
422.9 |
251.4 |
319.5 |
393.9 |
329.6 |
Financial Health
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Ratio Comparisons
Traded: Over The Counter: FJTSY Financials
in: USD (actual units)
Industry: Computer Services As of
02-Sep-2011
Sector: Technology
Company Industry Sector S&P
500
Valuation Ratios
P/E Excluding
Extraordinary (TTM) 25.99 21.22 22.09 19.68
P/E High Excluding
Extraordinary - Last 5 Yrs 33.72 54.26 42.91 32.79
P/E Low Excluding
Extraordinary - Last 5 Yrs 14.46 13.95 12.36 10.71
Beta - 0.99 1.19 1.00
Price/Revenue
(TTM) 0.18 4.66 4.07 2.57
Price/Book (MRQ) 1.00 6.22 4.73 3.67
Price to Tangible
Book (MRQ) 1.47 6.83 6.85 5.21
Price to Cash Flow
Per Share (TTM) 3.22 16.19 17.48 14.22
Price to Free Cash
Flow Per Share (TTM) - 25.08 23.00 26.26
Dividends
Dividend Yield 2.45% 1.60% 1.65% 2.26%
Dividend Per Share
- 5 Yr Avg 0.52 0.67 0.71 1.99
Dividend 5 Yr
Growth 10.76% 23.02% 7.13% 0.08%
Payout Ratio (TTM) 62.63% 8.63% 10.38% 25.98%
Growth Rates (%)
Revenue (MRQ) vs
Qtr 1 Yr Ago -5.84% 13.16% 28.50% 15.58%
Revenue (TTM) vs
TTM 1 Yr Ago - 11.83% 18.25% 17.69%
Revenue 5 Yr
Growth -1.12% 18.85% 16.94% 8.97%
EPS (MRQ) vs Qtr 1
Yr Ago -1,359.62% 23.19% 41.24% 19.49%
EPS (TTM) vs TTM 1
Yr Ago - 21.40% 49.53% 32.55%
EPS 5 Yr Growth -2.71% 26.25% 20.44% 9.86%
Capital Spending 5
Yr Growth -8.47% 17.39% 9.78% -2.04%
Financial Strength
Quick Ratio (MRQ) 0.91 2.39 1.98 1.24
Current Ratio
(MRQ) 1.17 2.63 2.38 1.79
LT Debt/Equity
(MRQ) 0.36 0.63 0.31 0.64
Total Debt/Equity
(MRQ) 0.76 0.75 0.36 0.73
Interest Coverage
(TTM) - 7.89 11.30 13.80
Profitability
Ratios (%)
Gross Margin (TTM) 27.62% 54.52% 55.32% 45.21%
Gross Margin - 5
Yr Avg 26.17% 52.13% 53.24% 44.91%
EBITD Margin (TTM) 6.71% 26.04% 25.78% 24.43%
EBITD Margin - 5
Yr Avg 6.94% 24.51% 21.39% 22.84%
Operating Margin
(TTM) 1.78% 22.77% 22.29% 20.63%
Operating Margin -
5 Yr Avg 1.46% 18.97% 17.62% 18.28%
Pretax Margin
(TTM) 1.64% 23.78% 22.54% 17.95%
Pretax Margin - 5
Yr Avg 1.75% 20.44% 18.75% 17.10%
Net Profit Margin
(TTM) 0.63% 18.27% 17.35% 13.65%
Net Profit Margin
- 5 Yr Avg 0.89% 15.24% 12.72% 12.10%
Effective Tax Rate
(TTM) 61.83% 25.50% 23.73% 28.45%
Effective Tax rate
- 5 Yr Avg 48.85% 30.98% 24.82% 29.92%
Management
Effectiveness (%)
Return on Assets
(TTM) 0.95% 12.59% 12.89% 8.54%
Return on Assets -
5 Yr Avg 1.23% 11.30% 10.70% 8.40%
Return on
Investment (TTM) 2.05% 10.99% 13.09% 7.90%
Return on
Investment - 5 Yr Avg 2.50% 10.17% 11.50% 8.27%
Return on Equity
(TTM) 4.23% 35.77% 25.23% 19.72%
Return on Equity -
5 Yr Avg 4.30% 27.98% 21.05% 20.06%
Efficiency
Revenue/Employee
(TTM) 337,652.10 631,678.68 617,868.03 927,613.77
Net
Income/Employee (TTM) 2,118.63 162,126.11 132,630.14 116,121.92
Receivables
Turnover (TTM) 6.21 6.40 8.08 13.25
Inventory Turnover
(TTM) 8.71 20.46 19.61 14.53
Asset Turnover
(TTM) 1.51 0.77 0.75 0.93
Annual Ratios
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Stock Report
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Annual Income Statement
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
116.944303 |
|
Auditor |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Shin Nihon &
Co. |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Net Sales |
52,845.5 |
50,349.3 |
46,703.7 |
46,638.3 |
43,611.9 |
|
Revenue |
52,845.5 |
50,349.3 |
46,703.7 |
46,638.3 |
43,611.9 |
|
Total Revenue |
52,845.5 |
50,349.3 |
46,703.7 |
46,638.3 |
43,611.9 |
|
|
|
|
|
|
|
|
Cost of Revenue |
38,170.9 |
36,974.1 |
34,746.8 |
34,860.2 |
32,337.2 |
|
Cost of Revenue, Total |
38,170.9 |
36,974.1 |
34,746.8 |
34,860.2 |
32,337.2 |
|
Gross Profit |
14,674.5 |
13,375.2 |
11,956.9 |
11,778.1 |
11,274.7 |
|
|
|
|
|
|
|
|
Selling/General/Administrative Expense |
6,776.1 |
6,612.0 |
5,708.8 |
5,128.7 |
4,792.5 |
|
Labor & Related Expense |
3,594.5 |
3,327.4 |
3,076.7 |
2,811.7 |
2,752.4 |
|
Total Selling/General/Administrative Expenses |
10,370.7 |
9,939.4 |
8,785.5 |
7,940.3 |
7,544.9 |
|
Research & Development |
2,756.5 |
2,420.4 |
2,487.0 |
2,263.4 |
2,172.8 |
|
Restructuring Charge |
0.0 |
510.1 |
539.4 |
193.6 |
0.0 |
|
Litigation |
- |
- |
- |
- |
0.0 |
|
Impairment-Assets Held for Use |
82.3 |
73.4 |
634.6 |
107.0 |
254.4 |
|
Impairment-Assets Held for Sale |
- |
0.0 |
186.4 |
219.9 |
0.0 |
|
Other Unusual Expense (Income) |
184.4 |
0.0 |
- |
- |
0.0 |
|
Unusual Expense (Income) |
266.8 |
583.5 |
1,360.3 |
520.4 |
254.4 |
|
Total Operating Expense |
51,564.9 |
49,917.4 |
47,379.6 |
45,584.4 |
42,309.3 |
|
|
|
|
|
|
|
|
Operating Income |
1,280.6 |
431.9 |
-675.9 |
1,053.9 |
1,302.6 |
|
|
|
|
|
|
|
|
Interest Expense -
Non-Operating |
-136.9 |
-175.6 |
-174.3 |
-186.1 |
-157.6 |
|
Interest Expense, Net Non-Operating |
-136.9 |
-175.6 |
-174.3 |
-186.1 |
-157.6 |
|
Interest Income -
Non-Operating |
31.8 |
45.6 |
77.3 |
88.3 |
67.5 |
|
Investment Income -
Non-Operating |
91.9 |
990.3 |
-258.7 |
189.7 |
792.0 |
|
Interest/Investment Income - Non-Operating |
123.7 |
1,035.9 |
-181.3 |
278.0 |
859.5 |
|
Interest Income (Expense) - Net Non-Operating Total |
-13.2 |
860.3 |
-355.6 |
91.9 |
701.9 |
|
Gain (Loss) on Sale of Assets |
0.0 |
23.8 |
0.0 |
- |
- |
|
Other Non-Operating Income (Expense) |
-74.3 |
-103.3 |
-96.1 |
-188.2 |
-170.3 |
|
Other, Net |
-74.3 |
-103.3 |
-96.1 |
-188.2 |
-170.3 |
|
Income Before Tax |
1,193.1 |
1,212.7 |
-1,127.7 |
957.5 |
1,834.2 |
|
|
|
|
|
|
|
|
Total Income Tax |
562.2 |
169.7 |
4.1 |
413.6 |
823.0 |
|
Income After Tax |
630.8 |
1,042.9 |
-1,131.8 |
543.9 |
1,011.2 |
|
|
|
|
|
|
|
|
Minority Interest |
12.1 |
-41.4 |
13.3 |
-123.1 |
-135.4 |
|
Net Income Before Extraord Items |
642.9 |
1,001.5 |
-1,118.5 |
420.9 |
875.8 |
|
Net Income |
642.9 |
1,001.5 |
-1,118.5 |
420.9 |
875.8 |
|
|
|
|
|
|
|
|
Miscellaneous Earnings Adjustment |
- |
- |
- |
- |
0.0 |
|
Total Adjustments to Net Income |
- |
- |
- |
- |
0.0 |
|
Income Available to Common Excl Extraord Items |
642.9 |
1,001.5 |
-1,118.5 |
420.9 |
875.8 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
642.9 |
1,001.5 |
-1,118.5 |
420.9 |
875.8 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
2,069.7 |
2,058.7 |
2,067.8 |
2,060.7 |
2,067.4 |
|
Basic EPS Excl Extraord Items |
0.31 |
0.49 |
-0.54 |
0.20 |
0.42 |
|
Basic/Primary EPS Incl Extraord Items |
0.31 |
0.49 |
-0.54 |
0.20 |
0.42 |
|
Dilution Adjustment |
17.5 |
33.4 |
0.0 |
4.9 |
-1.1 |
|
Diluted Net Income |
660.4 |
1,034.9 |
-1,118.5 |
425.8 |
874.6 |
|
Diluted Weighted Average Shares |
2,197.3 |
2,281.0 |
2,067.8 |
2,491.1 |
2,275.5 |
|
Diluted EPS Excl Extraord Items |
0.30 |
0.45 |
-0.54 |
0.17 |
0.38 |
|
Diluted EPS Incl Extraord Items |
0.30 |
0.45 |
-0.54 |
0.17 |
0.38 |
|
Dividends per Share - Common Stock Primary Issue |
0.12 |
0.09 |
0.08 |
0.07 |
0.05 |
|
Gross Dividends - Common Stock |
241.5 |
177.8 |
164.6 |
144.8 |
106.1 |
|
Interest Expense, Supplemental |
136.9 |
175.6 |
174.3 |
186.1 |
36.3 |
|
Depreciation, Supplemental |
2,424.6 |
2,493.4 |
2,807.5 |
2,443.5 |
2,383.9 |
|
Total Special Items |
448.9 |
810.6 |
1,522.5 |
520.4 |
254.4 |
|
Normalized Income Before Tax |
1,642.0 |
2,023.2 |
394.8 |
1,477.9 |
2,088.6 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
125.7 |
78.3 |
476.1 |
224.8 |
114.2 |
|
Inc Tax Ex Impact of Sp Items |
688.0 |
248.1 |
480.2 |
638.3 |
937.1 |
|
Normalized Income After Tax |
954.1 |
1,775.2 |
-85.4 |
839.6 |
1,151.4 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
966.1 |
1,733.8 |
-72.1 |
716.5 |
1,016.0 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.47 |
0.84 |
-0.03 |
0.35 |
0.49 |
|
Diluted Normalized EPS |
0.45 |
0.77 |
-0.03 |
0.29 |
0.45 |
|
Amort of Acquisition Costs, Supplemental |
182.2 |
250.9 |
162.1 |
- |
- |
|
Research & Development Exp, Supplemental |
2,756.5 |
2,420.4 |
2,487.0 |
2,263.4 |
2,172.8 |
|
Reported Operating Profit |
1,547.3 |
1,015.4 |
684.4 |
1,793.4 |
1,557.0 |
|
Reported Ordinary Profit |
1,259.0 |
765.5 |
149.8 |
1,424.5 |
1,259.5 |
|
Normalized EBIT |
1,547.3 |
1,015.4 |
684.4 |
1,574.3 |
1,557.0 |
|
Normalized EBITDA |
4,154.1 |
3,759.7 |
3,654.1 |
4,017.8 |
3,941.0 |
|
Interest Cost - Domestic |
368.2 |
324.5 |
288.4 |
240.9 |
224.1 |
|
Service Cost - Domestic |
454.3 |
421.7 |
380.2 |
320.6 |
311.5 |
|
Prior Service Cost - Domestic |
-217.4 |
-200.0 |
-190.1 |
-162.8 |
-159.5 |
|
Expected Return on Assets - Domestic |
-311.0 |
-250.1 |
-271.5 |
-270.6 |
-262.7 |
|
Actuarial Gains and Losses - Domestic |
435.9 |
462.2 |
263.4 |
86.3 |
47.6 |
|
Transition Costs - Domestic |
0.0 |
175.3 |
166.3 |
141.9 |
138.8 |
|
Other Pension, Net - Domestic |
14.8 |
-0.9 |
0.0 |
- |
- |
|
Domestic Pension Plan Expense |
744.7 |
932.5 |
636.6 |
356.2 |
299.7 |
|
Interest Cost - Foreign |
347.5 |
309.7 |
321.5 |
317.1 |
274.7 |
|
Service Cost - Foreign |
93.9 |
90.3 |
88.1 |
108.7 |
97.3 |
|
Prior Service Cost - Foreign |
-155.5 |
0.0 |
0.0 |
-9.1 |
0.0 |
|
Expected Return on Assets - Foreign |
-303.4 |
-266.9 |
-331.6 |
-337.1 |
-283.6 |
|
Actuarial Gains and Losses - Foreign |
68.1 |
-1.6 |
-3.0 |
8.0 |
2.3 |
|
Other Pension, Net - Foreign |
1.3 |
0.0 |
0.0 |
-14.3 |
0.0 |
|
Foreign Pension Plan Expense |
51.9 |
131.5 |
75.0 |
73.3 |
90.6 |
|
Defined Contribution Expense - Domestic |
4.1 |
- |
- |
- |
- |
|
Defined Contribution Expense - Foreign |
114.1 |
81.3 |
65.4 |
- |
- |
|
Total Pension Expense |
914.9 |
1,145.4 |
777.0 |
429.5 |
390.4 |
|
Discount Rate - Domestic |
2.50% |
2.50% |
2.50% |
2.50% |
2.50% |
|
Expected Rate of Return - Domestic |
2.90% |
2.90% |
2.80% |
2.70% |
2.70% |
|
Total Plan Interest Cost |
715.7 |
634.2 |
609.9 |
558.0 |
498.8 |
|
Total Plan Service Cost |
548.2 |
512.0 |
468.4 |
429.3 |
408.8 |
|
Total Plan Expected Return |
-614.5 |
-517.0 |
-603.1 |
-607.7 |
-546.4 |
|
Total Plan Other Expense |
16.1 |
-0.9 |
0.0 |
-14.3 |
0.0 |
Interim Income Statement
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
30-Jun-2011 |
31-Mar-2011 |
31-Dec-2010 |
30-Sep-2010 |
30-Jun-2010 |
|
Period Length |
3 Months |
3 Months |
3 Months |
3 Months |
3 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
81.605269 |
82.241044 |
82.567473 |
85.838925 |
92.080323 |
|
|
|
|
|
|
|
|
Net Sales |
12,083.4 |
15,618.9 |
13,279.3 |
12,816.9 |
11,373.3 |
|
Revenue |
12,083.4 |
15,618.9 |
13,279.3 |
12,816.9 |
11,373.3 |
|
Total Revenue |
12,083.4 |
15,618.9 |
13,279.3 |
12,816.9 |
11,373.3 |
|
|
|
|
|
|
|
|
Cost of Revenue |
8,841.4 |
11,316.2 |
9,621.0 |
9,165.1 |
8,244.6 |
|
Cost of Revenue, Total |
8,841.4 |
11,316.2 |
9,621.0 |
9,165.1 |
8,244.6 |
|
Gross Profit |
3,242.0 |
4,302.6 |
3,658.4 |
3,651.8 |
3,128.8 |
|
|
|
|
|
|
|
|
Selling/General/Administrative Expense |
3,452.1 |
1,841.7 |
1,737.7 |
1,652.6 |
1,562.3 |
|
Labor & Related Expense |
- |
907.2 |
948.0 |
888.8 |
856.3 |
|
Total Selling/General/Administrative Expenses |
3,452.1 |
2,748.8 |
2,685.7 |
2,541.5 |
2,418.6 |
|
Research & Development |
- |
773.9 |
714.7 |
677.5 |
601.6 |
|
Restructuring Charge |
- |
0.0 |
0.0 |
0.0 |
- |
|
Impairment-Assets Held for Use |
2.5 |
18.5 |
9.5 |
33.7 |
20.2 |
|
Other Unusual Expense (Income) |
92.3 |
156.0 |
- |
- |
32.3 |
|
Unusual Expense (Income) |
94.7 |
174.5 |
9.5 |
33.7 |
52.4 |
|
Total Operating Expense |
12,388.2 |
15,013.5 |
13,030.8 |
12,417.8 |
11,317.1 |
|
|
|
|
|
|
|
|
Operating Income |
-304.8 |
605.3 |
248.5 |
399.1 |
56.2 |
|
|
|
|
|
|
|
|
Interest Expense -
Non-Operating |
-30.2 |
-22.9 |
-39.0 |
-36.9 |
-37.5 |
|
Interest Expense, Net Non-Operating |
-30.2 |
-22.9 |
-39.0 |
-36.9 |
-37.5 |
|
Interest Income -
Non-Operating |
9.2 |
3.2 |
9.4 |
9.8 |
9.2 |
|
Investment Income -
Non-Operating |
26.8 |
32.3 |
37.1 |
43.9 |
-17.6 |
|
Interest/Investment Income - Non-Operating |
36.0 |
35.5 |
46.5 |
53.7 |
-8.4 |
|
Interest Income (Expense) - Net Non-Operating Total |
5.8 |
12.6 |
7.5 |
16.8 |
-45.9 |
|
Other Non-Operating Income (Expense) |
-24.3 |
-76.4 |
14.6 |
-32.2 |
16.0 |
|
Other, Net |
-24.3 |
-76.4 |
14.6 |
-32.2 |
16.0 |
|
Income Before Tax |
-323.3 |
541.5 |
270.7 |
383.7 |
26.3 |
|
|
|
|
|
|
|
|
Total Income Tax |
-37.3 |
346.4 |
69.5 |
165.7 |
-2.9 |
|
Income After Tax |
-286.0 |
195.1 |
201.1 |
218.0 |
29.2 |
|
|
|
|
|
|
|
|
Minority Interest |
36.0 |
41.5 |
-0.7 |
-14.8 |
-11.4 |
|
Net Income Before Extraord Items |
-250.0 |
236.5 |
200.4 |
203.3 |
17.8 |
|
Net Income |
-250.0 |
236.5 |
200.4 |
203.3 |
17.8 |
|
|
|
|
|
|
|
|
Miscellaneous Earnings Adjustment |
- |
0.0 |
- |
- |
0.0 |
|
Total Adjustments to Net Income |
- |
0.0 |
- |
- |
0.0 |
|
Income Available to Common Excl Extraord Items |
-250.0 |
236.5 |
200.4 |
203.3 |
17.8 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
-250.0 |
236.5 |
200.4 |
203.3 |
17.8 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
2,069.6 |
2,069.6 |
2,069.7 |
2,069.8 |
2,069.8 |
|
Basic EPS Excl Extraord Items |
-0.12 |
0.11 |
0.10 |
0.10 |
0.01 |
|
Basic/Primary EPS Incl Extraord Items |
-0.12 |
0.11 |
0.10 |
0.10 |
0.01 |
|
Dilution Adjustment |
0.0 |
13.1 |
1.7 |
3.5 |
-0.2 |
|
Diluted Net Income |
-250.0 |
249.7 |
202.2 |
206.7 |
17.6 |
|
Diluted Weighted Average Shares |
2,069.6 |
2,357.6 |
2,180.8 |
2,180.9 |
2,069.8 |
|
Diluted EPS Excl Extraord Items |
-0.12 |
0.11 |
0.09 |
0.09 |
0.01 |
|
Diluted EPS Incl Extraord Items |
-0.12 |
0.11 |
0.09 |
0.09 |
0.01 |
|
Dividends per Share - Common Stock Primary Issue |
0.00 |
0.06 |
0.00 |
0.06 |
0.00 |
|
Gross Dividends - Common Stock |
0.0 |
125.8 |
0.0 |
120.6 |
0.0 |
|
Interest Expense, Supplemental |
30.2 |
22.9 |
39.0 |
36.9 |
37.5 |
|
Depreciation, Supplemental |
586.1 |
667.8 |
618.7 |
593.3 |
552.0 |
|
Total Special Items |
141.1 |
220.4 |
59.0 |
77.6 |
95.7 |
|
Normalized Income Before Tax |
-182.1 |
761.9 |
329.6 |
461.3 |
121.9 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
33.2 |
61.1 |
2.4 |
14.6 |
18.4 |
|
Inc Tax Ex Impact of Sp Items |
-4.1 |
407.5 |
71.9 |
180.2 |
15.4 |
|
Normalized Income After Tax |
-178.0 |
354.4 |
257.7 |
281.1 |
106.5 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
-142.1 |
395.9 |
257.0 |
266.3 |
95.1 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
-0.07 |
0.19 |
0.12 |
0.13 |
0.05 |
|
Diluted Normalized EPS |
-0.07 |
0.17 |
0.12 |
0.12 |
0.05 |
|
Amort of Acquisition Costs, Supplemental |
46.4 |
45.9 |
49.5 |
43.9 |
43.2 |
|
Research & Development Exp, Supplemental |
- |
773.9 |
714.7 |
677.5 |
601.6 |
|
Reported Operating Profit |
-210.0 |
779.8 |
258.0 |
432.9 |
108.6 |
|
Reported Ordinary Profit |
-231.0 |
689.0 |
233.1 |
295.2 |
72.1 |
|
Normalized EBIT |
-210.0 |
779.8 |
258.0 |
432.9 |
108.6 |
|
Normalized EBITDA |
422.5 |
1,493.5 |
926.2 |
1,070.1 |
703.9 |
Annual Balance Sheet
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
82.88 |
93.44 |
98.77 |
99.535 |
118.075 |
|
Auditor |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Shin Nihon &
Co. |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Cash & Equivalents |
4,269.9 |
3,453.9 |
4,947.2 |
2,780.5 |
3,768.4 |
|
Short Term Investments |
130.3 |
1,126.1 |
495.8 |
2,739.2 |
37.9 |
|
Cash and Short Term Investments |
4,400.3 |
4,580.1 |
5,443.0 |
5,519.7 |
3,806.3 |
|
Accounts Receivable -
Trade, Gross |
10,582.4 |
9,860.3 |
8,578.0 |
10,226.7 |
8,926.9 |
|
Provision for Doubtful
Accounts |
-178.3 |
-170.4 |
-83.6 |
-52.7 |
-58.5 |
|
Trade Accounts Receivable - Net |
10,404.1 |
9,689.9 |
8,494.4 |
10,174.0 |
8,868.4 |
|
Total Receivables, Net |
10,404.1 |
9,689.9 |
8,494.4 |
10,174.0 |
8,868.4 |
|
Inventories - Finished Goods |
1,818.1 |
1,558.7 |
1,421.0 |
1,704.5 |
- |
|
Inventories - Work In Progress |
1,363.4 |
1,079.9 |
963.4 |
1,378.6 |
- |
|
Inventories - Raw Materials |
938.2 |
810.7 |
718.2 |
765.9 |
- |
|
Total Inventory |
4,119.7 |
3,449.3 |
3,102.7 |
3,849.0 |
3,492.6 |
|
Deferred Income Tax - Current Asset |
925.0 |
816.7 |
697.0 |
813.4 |
703.9 |
|
Other Current Assets |
1,394.1 |
1,498.1 |
1,373.3 |
1,444.7 |
1,185.3 |
|
Other Current Assets, Total |
2,319.1 |
2,314.8 |
2,070.3 |
2,258.0 |
1,889.2 |
|
Total Current Assets |
21,243.1 |
20,034.0 |
19,110.4 |
21,800.7 |
18,056.5 |
|
|
|
|
|
|
|
|
Property/Plant/Equipment - Net |
7,705.6 |
7,092.6 |
6,814.1 |
8,436.9 |
7,135.2 |
|
Goodwill, Net |
966.3 |
1,005.4 |
470.9 |
687.3 |
702.0 |
|
Intangibles, Net |
2,073.8 |
1,982.7 |
1,668.7 |
1,518.5 |
1,287.8 |
|
LT Investment - Affiliate Companies |
452.8 |
393.5 |
- |
- |
- |
|
LT Investments - Other |
1,385.5 |
1,435.8 |
2,486.6 |
3,954.2 |
4,251.1 |
|
Long Term Investments |
1,838.3 |
1,829.4 |
2,486.6 |
3,954.2 |
4,251.1 |
|
Deferred Income Tax - Long Term Asset |
869.8 |
891.3 |
731.5 |
547.3 |
607.8 |
|
Other Long Term Assets |
1,790.7 |
1,711.4 |
1,338.9 |
1,453.2 |
1,359.7 |
|
Other Long Term Assets, Total |
2,660.6 |
2,602.6 |
2,070.4 |
2,000.5 |
1,967.5 |
|
Total Assets |
36,487.7 |
34,546.8 |
32,621.1 |
38,398.2 |
33,400.2 |
|
|
|
|
|
|
|
|
Accounts Payable |
7,290.8 |
6,710.0 |
5,352.9 |
7,757.7 |
6,985.6 |
|
Accrued Expenses |
3,900.4 |
3,580.4 |
3,026.9 |
3,692.6 |
3,310.5 |
|
Notes Payable/Short Term Debt |
1,514.9 |
533.9 |
1,171.9 |
498.2 |
342.5 |
|
Current Portion - Long Term Debt/Capital Leases |
1,501.8 |
2,144.3 |
3,569.6 |
1,498.7 |
1,573.7 |
|
Income Taxes Payable |
285.0 |
286.0 |
195.7 |
266.5 |
278.0 |
|
Other Current Liabilities |
3,699.7 |
3,441.1 |
2,380.3 |
2,474.9 |
2,818.4 |
|
Other Current liabilities, Total |
3,984.7 |
3,727.2 |
2,576.0 |
2,741.4 |
3,096.4 |
|
Total Current Liabilities |
18,192.7 |
16,695.8 |
15,697.3 |
16,188.7 |
15,308.6 |
|
|
|
|
|
|
|
|
Long Term Debt |
2,959.3 |
3,820.5 |
4,622.8 |
7,305.1 |
4,400.3 |
|
Capital Lease Obligations |
323.1 |
422.8 |
478.9 |
629.2 |
0.0 |
|
Total Long Term Debt |
3,282.4 |
4,243.3 |
5,101.8 |
7,934.3 |
4,400.3 |
|
Total Debt |
6,299.1 |
6,921.5 |
9,843.2 |
9,931.2 |
6,316.5 |
|
|
|
|
|
|
|
|
Deferred Income Tax - LT Liability |
414.2 |
326.7 |
527.3 |
900.2 |
968.4 |
|
Deferred Income Tax |
414.2 |
326.7 |
527.3 |
900.2 |
968.4 |
|
Minority Interest |
1,598.2 |
1,601.6 |
1,788.3 |
1,828.2 |
1,619.3 |
|
Reserves |
300.3 |
349.4 |
319.6 |
320.9 |
360.6 |
|
Pension Benefits - Underfunded |
2,190.8 |
2,208.9 |
1,389.3 |
1,563.0 |
1,679.5 |
|
Other Long Term Liabilities |
599.3 |
573.1 |
214.6 |
136.5 |
852.4 |
|
Other Liabilities, Total |
3,090.4 |
3,131.5 |
1,923.4 |
2,020.4 |
2,892.4 |
|
Total Liabilities |
26,577.9 |
25,998.9 |
25,038.1 |
28,871.8 |
25,189.1 |
|
|
|
|
|
|
|
|
Common Stock |
3,916.8 |
3,474.2 |
3,286.7 |
3,261.4 |
2,749.3 |
|
Common Stock |
3,916.8 |
3,474.2 |
3,286.7 |
3,261.4 |
2,749.3 |
|
Additional Paid-In Capital |
2,853.7 |
2,526.1 |
2,395.8 |
2,502.0 |
4,217.9 |
|
Retained Earnings (Accumulated Deficit) |
4,139.4 |
3,295.8 |
2,265.8 |
3,404.9 |
460.0 |
|
Treasury Stock - Common |
-2.6 |
-29.1 |
-21.6 |
-8.7 |
-16.7 |
|
Unrealized Gain (Loss) |
192.2 |
196.2 |
546.7 |
927.6 |
1,060.8 |
|
Translation Adjustment |
-1,195.2 |
-915.0 |
-919.6 |
-562.1 |
-261.4 |
|
Other Comprehensive Income |
5.5 |
-0.3 |
29.2 |
1.2 |
1.1 |
|
Other Equity, Total |
-1,189.7 |
-915.3 |
-890.5 |
-560.8 |
-260.3 |
|
Total Equity |
9,909.7 |
8,547.9 |
7,582.9 |
9,526.3 |
8,211.1 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
36,487.7 |
34,546.8 |
32,621.1 |
38,398.2 |
33,400.2 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock Primary
Issue |
2,069.6 |
2,064.8 |
2,067.2 |
2,068.9 |
2,067.1 |
|
Total Common Shares Outstanding |
2,069.6 |
2,064.8 |
2,067.2 |
2,068.9 |
2,067.1 |
|
Treasury Shares - Common Stock Primary Issue |
0.4 |
5.2 |
2.8 |
1.1 |
2.9 |
|
Employees |
172,336 |
172,438 |
165,612 |
167,374 |
160,977 |
|
Number of Common Shareholders |
162,900 |
168,791 |
170,846 |
173,291 |
186,212 |
|
Total Long Term Debt, Supplemental |
4,665.5 |
5,646.0 |
7,772.9 |
8,416.6 |
5,974.0 |
|
Long Term Debt Maturing within 1 Year |
2,068.1 |
1,825.5 |
3,150.1 |
1,111.6 |
1,573.7 |
|
Long Term Debt Maturing in Year 2 |
932.9 |
1,833.9 |
1,675.4 |
3,073.0 |
872.8 |
|
Long Term Debt Maturing in Year 3 |
653.1 |
748.6 |
1,368.3 |
1,609.8 |
2,589.6 |
|
Long Term Debt Maturing in Year 4 |
527.1 |
342.1 |
663.0 |
1,259.0 |
427.9 |
|
Long Term Debt Maturing in Year 5 |
484.1 |
467.3 |
105.3 |
657.0 |
207.7 |
|
Long Term Debt Maturing in 2-3 Years |
1,586.0 |
2,582.5 |
3,043.6 |
4,682.8 |
3,462.4 |
|
Long Term Debt Maturing in 4-5 Years |
1,011.2 |
809.4 |
768.3 |
1,916.0 |
635.6 |
|
Long Term Debt Matur. in Year 6 & Beyond |
0.2 |
428.6 |
810.9 |
706.3 |
302.3 |
|
Total Capital Leases, Supplemental |
618.3 |
741.6 |
898.4 |
1,016.4 |
- |
|
Capital Lease Payments Due in Year 1 |
295.2 |
318.8 |
419.5 |
387.2 |
- |
|
Capital Lease Payments Due in Year 2 |
126.4 |
214.5 |
214.3 |
293.9 |
- |
|
Capital Lease Payments Due in Year 3 |
80.1 |
86.8 |
139.4 |
159.3 |
- |
|
Capital Lease Payments Due in Year 4 |
43.4 |
44.3 |
51.7 |
75.2 |
- |
|
Capital Lease Payments Due in Year 5 |
22.1 |
21.5 |
25.5 |
28.0 |
- |
|
Capital Lease Payments Due in 2-3 Years |
206.5 |
301.2 |
353.6 |
453.2 |
- |
|
Capital Lease Payments Due in 4-5 Years |
65.4 |
65.7 |
77.2 |
103.2 |
- |
|
Cap. Lease Pymts. Due in Year 6 & Beyond |
51.1 |
55.9 |
48.1 |
72.8 |
- |
|
Total Operating Leases, Supplemental |
1,034.0 |
1,050.9 |
676.4 |
- |
- |
|
Operating Lease Payments Due in Year 1 |
233.7 |
223.3 |
123.6 |
- |
- |
|
Oper. Lse. Pymts. Due in Year 6 & Beyond |
800.3 |
827.5 |
552.8 |
- |
- |
|
Pension Obligation - Domestic |
15,445.8 |
13,576.9 |
12,132.4 |
11,512.5 |
9,353.3 |
|
Pension Obligation - Foreign |
6,455.1 |
6,337.2 |
3,584.7 |
5,444.4 |
5,755.8 |
|
Plan Assets - Domestic |
10,926.5 |
10,002.9 |
8,009.7 |
9,589.7 |
9,538.7 |
|
Plan Assets - Foreign |
4,777.1 |
4,176.5 |
3,001.0 |
4,727.8 |
4,628.4 |
|
Funded Status - Domestic |
-4,519.2 |
-3,574.0 |
-4,122.7 |
-1,922.8 |
185.4 |
|
Funded Status - Foreign |
-1,678.0 |
-2,160.7 |
-583.7 |
-716.6 |
-1,127.4 |
|
Total Funded Status |
-6,197.2 |
-5,734.6 |
-4,706.4 |
-2,639.4 |
-942.1 |
|
Discount Rate - Domestic |
2.50% |
2.50% |
2.50% |
2.50% |
2.50% |
|
Discount Rate - Foreign |
5.60% |
5.60% |
6.90% |
6.90% |
5.50% |
|
Expected Rate of Return - Domestic |
2.90% |
2.90% |
2.80% |
2.70% |
2.70% |
|
Expected Rate of Return - Foreign |
7.20% |
7.80% |
8.00% |
7.00% |
7.00% |
|
Prepaid Benefits - Domestic |
666.0 |
611.5 |
734.1 |
834.0 |
759.7 |
|
Accrued Liabilities - Domestic |
-1,381.3 |
-1,225.5 |
-921.8 |
-749.5 |
-645.1 |
|
Accrued Liabilities - Foreign |
-809.5 |
-983.4 |
-467.5 |
-812.7 |
-1,024.5 |
|
Other Assets, Net - Domestic |
3,803.9 |
2,960.0 |
3,934.9 |
2,006.4 |
-70.8 |
|
Other Assets, Net - Foreign |
868.5 |
1,177.3 |
116.2 |
-96.1 |
102.9 |
|
Net Assets Recognized on Balance Sheet |
3,147.6 |
2,539.8 |
3,395.9 |
1,182.2 |
-877.9 |
|
Total Plan Obligations |
21,900.9 |
19,914.0 |
15,717.1 |
16,956.9 |
15,109.1 |
|
Total Plan Assets |
15,703.7 |
14,179.4 |
11,010.8 |
14,317.4 |
14,167.1 |
Interim Balance Sheet
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
30-Jun-2011 |
31-Mar-2011 |
31-Dec-2010 |
30-Sep-2010 |
30-Jun-2010 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
80.76 |
82.88 |
81.105 |
83.54 |
88.49 |
|
|
|
|
|
|
|
|
Cash & Equivalents |
3,340.7 |
4,269.9 |
2,658.4 |
2,738.9 |
2,978.0 |
|
Short Term Investments |
1,379.8 |
130.3 |
1,504.5 |
1,094.2 |
1,612.7 |
|
Cash and Short Term Investments |
4,720.5 |
4,400.3 |
4,162.9 |
3,833.1 |
4,590.8 |
|
Accounts Receivable -
Trade, Gross |
8,988.4 |
10,582.4 |
9,818.4 |
9,203.6 |
8,367.0 |
|
Provision for Doubtful
Accounts |
-180.7 |
-178.3 |
-166.3 |
-174.0 |
-158.1 |
|
Trade Accounts Receivable - Net |
8,807.7 |
10,404.1 |
9,652.1 |
9,029.7 |
8,209.0 |
|
Total Receivables, Net |
8,807.7 |
10,404.1 |
9,652.1 |
9,029.7 |
8,209.0 |
|
Inventories - Finished Goods |
2,081.7 |
1,818.1 |
2,263.8 |
2,011.5 |
1,781.3 |
|
Inventories - Work In Progress |
1,563.8 |
1,363.4 |
1,753.7 |
1,495.4 |
1,372.6 |
|
Inventories - Raw Materials |
1,087.0 |
938.2 |
997.1 |
958.2 |
912.2 |
|
Total Inventory |
4,732.5 |
4,119.7 |
5,014.6 |
4,465.1 |
4,066.1 |
|
Deferred Income Tax - Current Asset |
1,017.3 |
925.0 |
873.0 |
937.6 |
804.6 |
|
Other Current Assets |
1,628.8 |
1,394.1 |
1,574.5 |
1,430.4 |
1,585.3 |
|
Other Current Assets, Total |
2,646.1 |
2,319.1 |
2,447.5 |
2,367.9 |
2,389.9 |
|
Total Current Assets |
20,906.8 |
21,243.1 |
21,277.1 |
19,695.8 |
19,255.8 |
|
|
|
|
|
|
|
|
Property/Plant/Equipment - Net |
7,827.6 |
7,705.6 |
7,861.8 |
7,715.2 |
7,294.2 |
|
Goodwill, Net |
941.6 |
966.3 |
1,023.9 |
983.4 |
947.7 |
|
Intangibles, Net |
2,069.9 |
2,073.8 |
2,109.3 |
2,073.1 |
1,973.9 |
|
LT Investments - Other |
1,866.4 |
1,838.3 |
1,854.3 |
1,695.0 |
1,642.8 |
|
Long Term Investments |
1,866.4 |
1,838.3 |
1,854.3 |
1,695.0 |
1,642.8 |
|
Deferred Income Tax - Long Term Asset |
897.3 |
869.8 |
950.8 |
898.0 |
1,001.0 |
|
Other Long Term Assets |
1,798.0 |
1,790.7 |
1,840.4 |
1,825.8 |
1,755.8 |
|
Other Long Term Assets, Total |
2,695.3 |
2,660.6 |
2,791.2 |
2,723.8 |
2,756.8 |
|
Total Assets |
36,307.5 |
36,487.7 |
36,917.6 |
34,886.3 |
33,871.2 |
|
|
|
|
|
|
|
|
Accounts Payable |
6,306.9 |
7,290.8 |
6,858.2 |
6,495.6 |
6,080.3 |
|
Accrued Expenses |
3,500.1 |
3,900.4 |
3,447.1 |
3,594.1 |
3,202.2 |
|
Notes Payable/Short Term Debt |
3,474.6 |
1,514.9 |
2,391.0 |
936.5 |
1,731.9 |
|
Current Portion - Long Term Debt/Capital Leases |
389.4 |
1,501.8 |
1,562.8 |
2,133.5 |
2,102.1 |
|
Income Taxes Payable |
168.1 |
285.0 |
175.1 |
237.4 |
215.2 |
|
Other Current Liabilities |
4,021.2 |
3,699.7 |
3,561.0 |
3,347.4 |
3,519.4 |
|
Other Current liabilities, Total |
4,189.3 |
3,984.7 |
3,736.1 |
3,584.8 |
3,734.6 |
|
Total Current Liabilities |
17,860.3 |
18,192.7 |
17,995.0 |
16,744.6 |
16,851.2 |
|
|
|
|
|
|
|
|
Long Term Debt |
3,187.9 |
2,959.3 |
3,467.7 |
3,085.6 |
2,918.8 |
|
Capital Lease Obligations |
322.6 |
323.1 |
364.0 |
406.8 |
411.8 |
|
Total Long Term Debt |
3,510.5 |
3,282.4 |
3,831.7 |
3,492.4 |
3,330.7 |
|
Total Debt |
7,374.5 |
6,299.1 |
7,785.4 |
6,562.4 |
7,164.7 |
|
|
|
|
|
|
|
|
Deferred Income Tax - LT Liability |
425.5 |
414.2 |
355.2 |
322.2 |
313.4 |
|
Deferred Income Tax |
425.5 |
414.2 |
355.2 |
322.2 |
313.4 |
|
Minority Interest |
1,594.9 |
1,598.2 |
1,666.1 |
1,632.4 |
1,525.3 |
|
Reserves |
304.3 |
300.3 |
320.4 |
328.6 |
335.9 |
|
Pension Benefits - Underfunded |
2,234.3 |
2,190.8 |
2,366.1 |
2,318.1 |
2,168.8 |
|
Other Long Term Liabilities |
623.2 |
599.3 |
608.3 |
604.7 |
591.4 |
|
Other Liabilities, Total |
3,161.9 |
3,090.4 |
3,294.8 |
3,251.4 |
3,096.1 |
|
Total Liabilities |
26,553.1 |
26,577.9 |
27,142.7 |
25,443.0 |
25,116.6 |
|
|
|
|
|
|
|
|
Common Stock |
4,019.6 |
3,916.8 |
4,002.5 |
3,885.9 |
3,668.5 |
|
Common Stock |
4,019.6 |
3,916.8 |
4,002.5 |
3,885.9 |
3,668.5 |
|
Additional Paid-In Capital |
2,928.3 |
2,853.7 |
2,916.1 |
2,831.1 |
2,672.5 |
|
Retained Earnings (Accumulated Deficit) |
3,868.9 |
4,139.4 |
3,990.8 |
3,800.2 |
3,390.8 |
|
Treasury Stock - Common |
-2.7 |
-2.6 |
-2.4 |
-1.7 |
-1.4 |
|
Unrealized Gain (Loss) |
200.9 |
197.6 |
182.7 |
153.1 |
172.2 |
|
Translation Adjustment |
-1,260.5 |
-1,195.2 |
-1,314.9 |
-1,225.4 |
-1,148.1 |
|
Other Equity, Total |
-1,260.5 |
-1,195.2 |
-1,314.9 |
-1,225.4 |
-1,148.1 |
|
Total Equity |
9,754.5 |
9,909.7 |
9,774.9 |
9,443.3 |
8,754.6 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
36,307.5 |
36,487.7 |
36,917.6 |
34,886.3 |
33,871.2 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock Primary
Issue |
2,069.6 |
2,069.6 |
2,069.7 |
2,069.8 |
2,069.8 |
|
Total Common Shares Outstanding |
2,069.6 |
2,069.6 |
2,069.7 |
2,069.8 |
2,069.8 |
|
Treasury Shares - Common Stock Primary Issue |
0.4 |
0.4 |
0.4 |
0.3 |
0.2 |
|
Employees |
- |
172,336 |
171,842 |
172,014 |
172,542 |
Annual Cash Flows
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
116.944303 |
|
Auditor |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Shin Nihon &
Co. |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
1,193.1 |
1,212.7 |
-1,127.7 |
957.5 |
1,834.2 |
|
Depreciation |
2,424.6 |
2,493.4 |
2,807.5 |
2,443.5 |
2,383.9 |
|
Depreciation/Depletion |
2,424.6 |
2,493.4 |
2,807.5 |
2,443.5 |
2,383.9 |
|
Amortization of Acquisition Costs |
182.2 |
250.9 |
162.1 |
- |
- |
|
Amortization |
182.2 |
250.9 |
162.1 |
- |
- |
|
Unusual Items |
-5.6 |
-820.1 |
994.5 |
603.1 |
-277.8 |
|
Equity in Net Earnings (Loss) |
-44.4 |
-30.2 |
338.8 |
-80.4 |
-59.8 |
|
Other Non-Cash Items |
-465.5 |
-231.6 |
-51.6 |
-176.0 |
-135.0 |
|
Non-Cash Items |
-515.5 |
-1,081.9 |
1,281.8 |
346.8 |
-472.6 |
|
Accounts Receivable |
299.8 |
526.5 |
1,264.8 |
-231.4 |
-997.6 |
|
Inventories |
-265.0 |
202.2 |
632.1 |
-73.1 |
-63.7 |
|
Accounts Payable |
-20.0 |
-248.0 |
-2,237.9 |
-200.3 |
421.3 |
|
Other Operating Cash Flow |
-317.0 |
-177.6 |
-226.5 |
-416.6 |
395.5 |
|
Changes in Working Capital |
-302.3 |
303.2 |
-567.5 |
-921.5 |
-244.4 |
|
Cash from Operating Activities |
2,982.0 |
3,178.2 |
2,556.3 |
2,826.3 |
3,501.0 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-1,426.8 |
-1,232.2 |
-1,750.0 |
-2,353.0 |
-2,211.6 |
|
Purchase/Acquisition of Intangibles |
-696.6 |
-632.9 |
-658.0 |
-543.2 |
-505.6 |
|
Capital Expenditures |
-2,123.4 |
-1,865.2 |
-2,408.0 |
-2,896.2 |
-2,717.2 |
|
Acquisition of Business |
8.3 |
542.5 |
0.0 |
- |
- |
|
Sale of Business |
49.2 |
188.8 |
0.0 |
- |
- |
|
Sale of Fixed Assets |
80.1 |
98.7 |
185.6 |
34.9 |
532.7 |
|
Sale/Maturity of Investment |
409.8 |
1,256.9 |
155.3 |
485.3 |
1,001.5 |
|
Purchase of Investments |
-187.1 |
-254.6 |
-169.4 |
-183.6 |
-195.1 |
|
Other Investing Cash Flow |
104.7 |
43.9 |
1.3 |
75.6 |
86.2 |
|
Other Investing Cash Flow Items, Total |
465.1 |
1,876.1 |
172.7 |
412.2 |
1,425.3 |
|
Cash from Investing Activities |
-1,658.4 |
11.0 |
-2,235.3 |
-2,484.0 |
-1,291.9 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
-473.7 |
-466.8 |
-418.9 |
-630.4 |
-270.2 |
|
Financing Cash Flow Items |
-473.7 |
-466.8 |
-418.9 |
-630.4 |
-270.2 |
|
Cash Dividends Paid - Common |
-270.6 |
-148.9 |
-243.4 |
-138.9 |
-141.7 |
|
Total Cash Dividends Paid |
-270.6 |
-148.9 |
-243.4 |
-138.9 |
-141.7 |
|
Sale/Issuance of
Common |
0.3 |
0.3 |
0.0 |
- |
- |
|
Repurchase/Retirement
of Common |
-1.7 |
-244.1 |
0.0 |
- |
- |
|
Common Stock, Net |
-1.4 |
-243.9 |
0.0 |
- |
- |
|
Issuance (Retirement) of Stock, Net |
-1.4 |
-243.9 |
0.0 |
- |
- |
|
Short Term Debt, Net |
86.0 |
-870.0 |
810.3 |
140.8 |
-231.5 |
|
Long Term Debt Issued |
743.8 |
882.8 |
1,087.2 |
2,947.1 |
121.1 |
|
Long Term Debt
Reduction |
-2,032.2 |
-3,514.1 |
-1,711.8 |
-1,773.4 |
-1,486.8 |
|
Long Term Debt, Net |
-1,288.4 |
-2,631.3 |
-624.7 |
1,173.7 |
-1,365.7 |
|
Issuance (Retirement) of Debt, Net |
-1,202.3 |
-3,501.3 |
185.7 |
1,314.5 |
-1,597.2 |
|
Cash from Financing Activities |
-1,948.1 |
-4,360.9 |
-476.6 |
545.3 |
-2,009.1 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
-94.4 |
-10.6 |
-40.2 |
-20.2 |
37.8 |
|
Net Change in Cash |
-718.8 |
-1,182.3 |
-195.8 |
867.3 |
237.8 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
4,903.5 |
5,703.1 |
5,452.0 |
3,925.6 |
3,599.1 |
|
Net Cash - Ending Balance |
4,184.7 |
4,520.8 |
5,256.3 |
4,792.9 |
3,836.9 |
|
Cash Interest Paid |
130.5 |
192.4 |
184.4 |
169.6 |
161.1 |
|
Cash Taxes Paid |
422.9 |
251.4 |
319.5 |
393.9 |
329.6 |
Interim Cash Flows
Standardized
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
30-Jun-2011 |
31-Mar-2011 |
31-Dec-2010 |
30-Sep-2010 |
30-Jun-2010 |
|
Period Length |
3 Months |
12 Months |
9 Months |
6 Months |
3 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
81.605269 |
85.691434 |
86.812446 |
88.962162 |
92.080323 |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
-323.3 |
1,193.1 |
664.7 |
397.4 |
26.3 |
|
Depreciation |
586.1 |
2,424.6 |
1,760.7 |
1,143.9 |
552.0 |
|
Depreciation/Depletion |
586.1 |
2,424.6 |
1,760.7 |
1,143.9 |
552.0 |
|
Amortization of Acquisition Costs |
46.4 |
182.2 |
136.3 |
87.1 |
43.2 |
|
Amortization |
46.4 |
182.2 |
136.3 |
87.1 |
43.2 |
|
Unusual Items |
7.1 |
-5.6 |
-30.1 |
-29.8 |
27.2 |
|
Equity in Net Earnings (Loss) |
-24.6 |
-44.4 |
-31.0 |
-25.3 |
-8.7 |
|
Other Non-Cash Items |
-73.1 |
-465.5 |
-396.7 |
-280.1 |
-183.1 |
|
Non-Cash Items |
-90.6 |
-515.5 |
-457.8 |
-335.3 |
-164.6 |
|
Accounts Receivable |
1,802.9 |
299.8 |
1,033.2 |
1,472.9 |
1,680.0 |
|
Inventories |
-516.5 |
-265.0 |
-1,069.0 |
-650.6 |
-495.8 |
|
Accounts Payable |
-1,128.8 |
-20.0 |
-448.6 |
-678.2 |
-678.6 |
|
Other Operating Cash Flow |
-507.7 |
-317.0 |
-801.3 |
-491.0 |
-492.9 |
|
Changes in Working Capital |
-350.0 |
-302.3 |
-1,285.7 |
-347.0 |
12.7 |
|
Cash from Operating Activities |
-131.4 |
2,982.0 |
818.2 |
946.0 |
469.6 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-342.7 |
-1,426.8 |
-1,039.9 |
-729.7 |
-315.6 |
|
Purchase/Acquisition of Intangibles |
-132.7 |
-696.6 |
-471.7 |
-294.1 |
-112.5 |
|
Capital Expenditures |
-475.4 |
-2,123.4 |
-1,511.6 |
-1,023.8 |
-428.1 |
|
Acquisition of Business |
0.6 |
8.3 |
7.0 |
0.0 |
0.0 |
|
Sale of Business |
- |
49.2 |
48.5 |
- |
- |
|
Sale of Fixed Assets |
16.6 |
80.1 |
69.1 |
42.1 |
26.7 |
|
Sale/Maturity of Investment |
9.4 |
409.8 |
391.1 |
364.2 |
232.4 |
|
Purchase of Investments |
-2.9 |
-187.1 |
-169.7 |
-94.6 |
-16.1 |
|
Other Investing Cash Flow |
3.4 |
104.7 |
90.0 |
79.3 |
2.1 |
|
Other Investing Cash Flow Items, Total |
27.0 |
465.1 |
436.1 |
391.0 |
245.0 |
|
Cash from Investing Activities |
-448.4 |
-1,658.4 |
-1,075.5 |
-632.9 |
-183.0 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
-87.6 |
-473.7 |
-384.3 |
-287.2 |
-199.1 |
|
Financing Cash Flow Items |
-87.6 |
-473.7 |
-384.3 |
-287.2 |
-199.1 |
|
Cash Dividends Paid - Common |
-139.1 |
-270.6 |
-267.1 |
-132.1 |
-127.6 |
|
Total Cash Dividends Paid |
-139.1 |
-270.6 |
-267.1 |
-132.1 |
-127.6 |
|
Sale/Issuance of
Common |
0.0 |
0.3 |
0.2 |
0.1 |
0.0 |
|
Repurchase/Retirement
of Common |
-0.1 |
-1.7 |
-1.4 |
-0.7 |
-0.4 |
|
Common Stock, Net |
0.0 |
-1.4 |
-1.2 |
-0.6 |
-0.3 |
|
Issuance (Retirement) of Stock, Net |
0.0 |
-1.4 |
-1.2 |
-0.6 |
-0.3 |
|
Short Term Debt, Net |
1,787.2 |
86.0 |
1,292.0 |
194.8 |
979.7 |
|
Long Term Debt Issued |
461.2 |
743.8 |
730.6 |
128.3 |
117.1 |
|
Long Term Debt
Reduction |
-1,290.1 |
-2,032.2 |
-1,981.6 |
-1,307.7 |
-1,143.9 |
|
Long Term Debt, Net |
-828.9 |
-1,288.4 |
-1,250.9 |
-1,179.4 |
-1,026.7 |
|
Issuance (Retirement) of Debt, Net |
958.3 |
-1,202.3 |
41.1 |
-984.5 |
-47.1 |
|
Cash from Financing Activities |
731.5 |
-1,948.1 |
-611.6 |
-1,404.4 |
-374.1 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
-10.2 |
-94.4 |
-163.8 |
-116.0 |
-140.7 |
|
Net Change in Cash |
141.6 |
-718.8 |
-1,032.7 |
-1,207.3 |
-228.3 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
4,444.1 |
4,903.5 |
4,840.2 |
4,723.3 |
4,563.3 |
|
Net Cash - Ending Balance |
4,585.7 |
4,184.7 |
3,807.5 |
3,516.0 |
4,335.0 |
|
Cash Interest Paid |
69.8 |
130.5 |
109.2 |
76.6 |
44.0 |
|
Cash Taxes Paid |
224.5 |
422.9 |
340.7 |
240.6 |
158.0 |
Annual Income Statement
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
116.944303 |
|
Auditor |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Shin Nihon &
Co. |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Net Sales |
52,845.5 |
50,349.3 |
46,703.7 |
46,638.3 |
43,611.9 |
|
Total Revenue |
52,845.5 |
50,349.3 |
46,703.7 |
46,638.3 |
43,611.9 |
|
|
|
|
|
|
|
|
Cost of Goods Sold |
38,170.9 |
36,974.1 |
34,746.8 |
34,641.1 |
32,337.2 |
|
Salary |
3,594.5 |
3,327.4 |
3,076.7 |
2,811.7 |
2,752.4 |
|
Research&Development |
2,756.5 |
2,420.4 |
2,487.0 |
2,263.4 |
2,172.8 |
|
Other SGA |
6,776.1 |
6,612.0 |
5,708.8 |
5,128.7 |
4,792.5 |
|
SP Settlement received |
- |
- |
- |
- |
0.0 |
|
SP L on Negative Goodwill |
-14.2 |
0.0 |
- |
- |
- |
|
SP L on policy change of retirement |
14.8 |
0.0 |
- |
- |
- |
|
SP Impairment loss |
18.4 |
31.2 |
586.4 |
4.0 |
85.4 |
|
SP Business restructuring exp. |
0.0 |
510.1 |
539.4 |
193.6 |
0.0 |
|
SP L.Val.Inv.Secs. |
- |
0.0 |
186.4 |
219.9 |
0.0 |
|
SP L on val. of inventories |
- |
- |
0.0 |
219.1 |
0.0 |
|
SP Reserve prior year warranty |
- |
- |
- |
- |
0.0 |
|
SP Disater Loss |
135.9 |
- |
- |
- |
- |
|
Loss on adju. for changes of accounting |
48.0 |
0.0 |
- |
- |
- |
|
NOP Retire fixed asset |
63.9 |
42.2 |
48.2 |
102.9 |
169.0 |
|
Total Operating Expense |
51,564.9 |
49,917.4 |
47,379.6 |
45,584.4 |
42,309.3 |
|
|
|
|
|
|
|
|
NOP Interest Income |
31.8 |
45.6 |
77.3 |
88.3 |
67.5 |
|
NOP Dividend Income |
39.7 |
40.6 |
115.3 |
67.1 |
53.8 |
|
NOP Equity Earning |
44.4 |
30.2 |
0.0 |
80.4 |
59.8 |
|
NOP Exchange Gain |
- |
- |
- |
0.0 |
18.2 |
|
NOP Miscellaneous income |
137.8 |
154.3 |
121.4 |
151.9 |
186.8 |
|
NOP Interest Expense |
-136.9 |
-175.6 |
-174.3 |
-186.1 |
-157.6 |
|
NOP Equity Loss |
- |
0.0 |
-338.8 |
0.0 |
0.0 |
|
NOP Exchange Loss |
-129.1 |
-45.2 |
-69.8 |
-127.4 |
0.0 |
|
NOP Amort.Retire.Res. |
- |
- |
- |
0.0 |
-26.9 |
|
NOP Miscellaneous expense |
-212.1 |
-257.6 |
-217.4 |
-340.1 |
-330.2 |
|
SP G.Sale Inv.Secs. |
109.3 |
964.7 |
34.7 |
151.4 |
661.3 |
|
SP G. change in equity |
27.6 |
0.0 |
0.0 |
18.1 |
18.3 |
|
SP G on transfer of business |
0.0 |
23.8 |
0.0 |
- |
- |
|
SP L sale investment secs |
- |
- |
- |
0.0 |
-19.5 |
|
Net Income Before Taxes |
1,193.1 |
1,212.7 |
-1,127.7 |
957.5 |
1,834.2 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
562.2 |
169.7 |
4.1 |
413.6 |
823.0 |
|
Net Income After Taxes |
630.8 |
1,042.9 |
-1,131.8 |
543.9 |
1,011.2 |
|
|
|
|
|
|
|
|
Minority Interests |
12.1 |
-41.4 |
13.3 |
-123.1 |
-135.4 |
|
Net Income Before Extra. Items |
642.9 |
1,001.5 |
-1,118.5 |
420.9 |
875.8 |
|
Net Income |
642.9 |
1,001.5 |
-1,118.5 |
420.9 |
875.8 |
|
|
|
|
|
|
|
|
Bonus to Director |
- |
- |
- |
- |
0.0 |
|
Income Available to Com Excl ExtraOrd |
642.9 |
1,001.5 |
-1,118.5 |
420.9 |
875.8 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
642.9 |
1,001.5 |
-1,118.5 |
420.9 |
875.8 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
2,069.7 |
2,058.7 |
2,067.8 |
2,060.7 |
2,067.4 |
|
Basic EPS Excluding ExtraOrdinary Items |
0.31 |
0.49 |
-0.54 |
0.20 |
0.42 |
|
Basic EPS Including ExtraOrdinary Item |
0.31 |
0.49 |
-0.54 |
0.20 |
0.42 |
|
Dilution Adjustment |
17.5 |
33.4 |
0.0 |
4.9 |
-1.1 |
|
Diluted Net Income |
660.4 |
1,034.9 |
-1,118.5 |
425.8 |
874.6 |
|
Diluted Weighted Average Shares |
2,197.3 |
2,281.0 |
2,067.8 |
2,491.1 |
2,275.5 |
|
Diluted EPS Excluding ExtraOrd Items |
0.30 |
0.45 |
-0.54 |
0.17 |
0.38 |
|
Diluted EPS Including ExtraOrd Items |
0.30 |
0.45 |
-0.54 |
0.17 |
0.38 |
|
DPS-Common Stock |
0.12 |
0.09 |
0.08 |
0.07 |
0.05 |
|
Gross Dividends - Common Stock |
241.5 |
177.8 |
164.6 |
144.8 |
106.1 |
|
Normalized Income Before Taxes |
1,642.0 |
2,023.2 |
394.8 |
1,477.9 |
2,088.6 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
688.0 |
248.1 |
480.2 |
638.3 |
937.1 |
|
Normalized Income After Taxes |
954.1 |
1,775.2 |
-85.4 |
839.6 |
1,151.4 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
966.1 |
1,733.8 |
-72.1 |
716.5 |
1,016.0 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.47 |
0.84 |
-0.03 |
0.35 |
0.49 |
|
Diluted Normalized EPS |
0.45 |
0.77 |
-0.03 |
0.29 |
0.45 |
|
Research&Development |
2,756.5 |
2,420.4 |
2,487.0 |
2,263.4 |
2,172.8 |
|
Interest Expense |
136.9 |
175.6 |
174.3 |
186.1 |
36.3 |
|
Amort of Goodwill |
182.2 |
250.9 |
162.1 |
- |
- |
|
Depreciation |
2,424.6 |
2,493.4 |
2,807.5 |
- |
- |
|
Depreciation & Amort. of Goodwill |
- |
- |
- |
2,443.5 |
2,383.9 |
|
Reported Operating Profit |
1,547.3 |
1,015.4 |
684.4 |
1,793.4 |
1,557.0 |
|
Reported Ordinary Profit |
1,259.0 |
765.5 |
149.8 |
1,424.5 |
1,259.5 |
|
Service cost |
454.3 |
421.7 |
380.2 |
320.6 |
311.5 |
|
Interest cost |
368.2 |
324.5 |
288.4 |
240.9 |
224.1 |
|
Expected return on plan asset |
-311.0 |
-250.1 |
-271.5 |
-270.6 |
-262.7 |
|
Exp. due to accounting change |
0.0 |
175.3 |
166.3 |
141.9 |
138.8 |
|
Actuarial G/L |
435.9 |
462.2 |
263.4 |
86.3 |
47.6 |
|
Prior service cost |
-217.4 |
-200.0 |
-190.1 |
-162.8 |
-159.5 |
|
Termination of defined benefits |
14.8 |
-0.9 |
0.0 |
- |
- |
|
Domestic Pension Plan Expense |
744.7 |
932.5 |
636.6 |
356.2 |
299.7 |
|
Service cost - Foreign |
93.9 |
90.3 |
88.1 |
108.7 |
97.3 |
|
Interest cost - Foreign |
347.5 |
309.7 |
321.5 |
317.1 |
274.7 |
|
Expected return on plan asset - Foreign |
-303.4 |
-266.9 |
-331.6 |
-337.1 |
-283.6 |
|
Actuarial G/L - Foreign |
68.1 |
-1.6 |
-3.0 |
8.0 |
2.3 |
|
Prior service cost - Foreign |
-155.5 |
0.0 |
0.0 |
-9.1 |
0.0 |
|
Termination of defined benefits-Foreign |
1.3 |
0.0 |
0.0 |
-14.3 |
0.0 |
|
Foreign Pension Plan Expense |
51.9 |
131.5 |
75.0 |
73.3 |
90.6 |
|
Defined Contribution Expense - Domestic |
4.1 |
- |
- |
- |
- |
|
Defined Contribution Expense - Foreign |
114.1 |
81.3 |
65.4 |
- |
- |
|
Total Pension Expense |
914.9 |
1,145.4 |
777.0 |
429.5 |
390.4 |
|
Discount Rate |
2.50% |
2.50% |
2.50% |
2.50% |
2.50% |
|
Expected Rate of Return |
2.90% |
2.90% |
2.80% |
2.70% |
2.70% |
Interim Income Statement
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
30-Jun-2011 |
31-Mar-2011 |
31-Dec-2010 |
30-Sep-2010 |
30-Jun-2010 |
|
Period Length |
3 Months |
3 Months |
3 Months |
3 Months |
3 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
81.605269 |
82.241044 |
82.567473 |
85.838925 |
92.080323 |
|
|
|
|
|
|
|
|
Net sales |
12,083.4 |
15,618.9 |
13,279.3 |
12,816.9 |
11,373.3 |
|
Total Revenue |
12,083.4 |
15,618.9 |
13,279.3 |
12,816.9 |
11,373.3 |
|
|
|
|
|
|
|
|
Cost of Goods Sold |
8,841.4 |
11,316.2 |
9,621.0 |
9,165.1 |
8,244.6 |
|
Selling, general and administrative expe |
3,452.1 |
- |
- |
- |
- |
|
Salary |
- |
907.2 |
948.0 |
888.8 |
856.3 |
|
Research&Development |
- |
773.9 |
714.7 |
677.5 |
601.6 |
|
Other SGA |
- |
1,841.7 |
1,737.7 |
1,652.6 |
1,562.3 |
|
SP G on negative goodwill |
0.0 |
-1.0 |
- |
- |
-12.4 |
|
SP Business restructuring exp. |
- |
0.0 |
0.0 |
0.0 |
- |
|
SP L on account. change of assets |
0.0 |
0.0 |
- |
- |
44.7 |
|
SP Impairment loss |
0.0 |
4.0 |
- |
- |
13.6 |
|
Loss on disaster |
92.3 |
- |
- |
- |
0.0 |
|
SP Other Special Loss |
- |
157.0 |
- |
- |
- |
|
NOP L on Retir. of Fixed Asset |
2.5 |
14.5 |
9.5 |
33.7 |
6.6 |
|
Total Operating Expense |
12,388.2 |
15,013.5 |
13,030.8 |
12,417.8 |
11,317.1 |
|
|
|
|
|
|
|
|
NOP Interest Income |
9.2 |
3.2 |
9.4 |
9.8 |
9.2 |
|
NOP Dividend Income |
29.2 |
2.6 |
7.9 |
2.8 |
24.9 |
|
NOP Equity Gain |
24.6 |
13.5 |
5.3 |
17.0 |
8.7 |
|
NOP Exchange Gain |
- |
3.7 |
0.0 |
- |
- |
|
NOP Miscellaneous income |
17.1 |
25.4 |
40.9 |
21.5 |
48.8 |
|
NOP Interest Expense |
-30.2 |
-22.9 |
-39.0 |
-36.9 |
-37.5 |
|
NOP Exchange Loss |
-27.0 |
- |
-13.7 |
-64.4 |
-51.1 |
|
NOP Miscellaneous expense |
-41.4 |
-101.8 |
-26.3 |
-53.7 |
-32.8 |
|
SP G.Sale Inv.Secs. |
- |
12.5 |
8.9 |
88.5 |
- |
|
SP G Change in equity |
- |
0.0 |
28.7 |
- |
- |
|
Net Income Before Taxes |
-323.3 |
541.5 |
270.7 |
383.7 |
26.3 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
-37.3 |
346.4 |
69.5 |
165.7 |
-2.9 |
|
Net Income After Taxes |
-286.0 |
195.1 |
201.1 |
218.0 |
29.2 |
|
|
|
|
|
|
|
|
Minority Interests |
36.0 |
41.5 |
-0.7 |
-14.8 |
-11.4 |
|
Net Income Before Extra. Items |
-250.0 |
236.5 |
200.4 |
203.3 |
17.8 |
|
Net Income |
-250.0 |
236.5 |
200.4 |
203.3 |
17.8 |
|
|
|
|
|
|
|
|
Bonus to Director |
- |
0.0 |
- |
- |
0.0 |
|
Income Available to Com Excl ExtraOrd |
-250.0 |
236.5 |
200.4 |
203.3 |
17.8 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
-250.0 |
236.5 |
200.4 |
203.3 |
17.8 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
2,069.6 |
2,069.6 |
2,069.7 |
2,069.8 |
2,069.8 |
|
Basic EPS Excluding ExtraOrdinary Items |
-0.12 |
0.11 |
0.10 |
0.10 |
0.01 |
|
Basic EPS Including ExtraOrdinary Item |
-0.12 |
0.11 |
0.10 |
0.10 |
0.01 |
|
Dilution Adjustment |
0.0 |
13.1 |
1.7 |
3.5 |
-0.2 |
|
Diluted Net Income |
-250.0 |
249.7 |
202.2 |
206.7 |
17.6 |
|
Diluted Weighted Average Shares |
2,069.6 |
2,357.6 |
2,180.8 |
2,180.9 |
2,069.8 |
|
Diluted EPS Excluding ExtraOrd Items |
-0.12 |
0.11 |
0.09 |
0.09 |
0.01 |
|
Diluted EPS Including ExtraOrd Items |
-0.12 |
0.11 |
0.09 |
0.09 |
0.01 |
|
DPS-Common Stock |
0.00 |
0.06 |
0.00 |
0.06 |
0.00 |
|
Gross Dividends - Common Stock |
0.0 |
125.8 |
0.0 |
120.6 |
0.0 |
|
Normalized Income Before Taxes |
-182.1 |
761.9 |
329.6 |
461.3 |
121.9 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
-4.1 |
407.5 |
71.9 |
180.2 |
15.4 |
|
Normalized Income After Taxes |
-178.0 |
354.4 |
257.7 |
281.1 |
106.5 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
-142.1 |
395.9 |
257.0 |
266.3 |
95.1 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
-0.07 |
0.19 |
0.12 |
0.13 |
0.05 |
|
Diluted Normalized EPS |
-0.07 |
0.17 |
0.12 |
0.12 |
0.05 |
|
Research&Development |
- |
773.9 |
714.7 |
677.5 |
601.6 |
|
Interest Expense |
30.2 |
22.9 |
39.0 |
36.9 |
37.5 |
|
Depreciation |
586.1 |
667.8 |
618.7 |
593.3 |
552.0 |
|
Amort. of goodwill |
46.4 |
45.9 |
49.5 |
43.9 |
43.2 |
|
Reported Operating Profit |
-210.0 |
779.8 |
258.0 |
432.9 |
108.6 |
|
Reported Ordinary Profit |
-231.0 |
689.0 |
233.1 |
295.2 |
72.1 |
Annual Balance Sheet
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
82.88 |
93.44 |
98.77 |
99.535 |
118.075 |
|
Auditor |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Shin Nihon &
Co. |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Cash & Deposit |
4,269.9 |
3,453.9 |
4,947.2 |
2,780.5 |
- |
|
Cash, Deposit & Mkbl.Secs. |
- |
- |
- |
- |
3,768.4 |
|
Note&Acct. Rcvbl, gross |
10,582.4 |
9,860.3 |
8,578.0 |
10,226.7 |
8,926.9 |
|
Mkbl.Secs. |
130.3 |
1,126.1 |
495.8 |
2,739.2 |
37.9 |
|
Inventories |
- |
- |
- |
- |
3,492.6 |
|
Inventories - merch &finished goods |
1,818.1 |
1,558.7 |
1,421.0 |
1,704.5 |
- |
|
Inventories - work-in-process |
1,363.4 |
1,079.9 |
963.4 |
1,378.6 |
- |
|
Inventories - raw materials & supplies |
938.2 |
810.7 |
718.2 |
765.9 |
- |
|
Dfrd.Income Tax |
925.0 |
816.7 |
697.0 |
813.4 |
703.9 |
|
Other Assets |
1,394.1 |
1,498.1 |
1,373.3 |
1,444.7 |
1,185.3 |
|
Doubtful Account |
-178.3 |
-170.4 |
-83.6 |
-52.7 |
-58.5 |
|
Total Current Assets |
21,243.1 |
20,034.0 |
19,110.4 |
21,800.7 |
18,056.5 |
|
|
|
|
|
|
|
|
Buildings & structures, net |
3,352.4 |
2,923.1 |
2,681.4 |
2,957.2 |
2,294.1 |
|
Machineries & equipment, net |
1,216.3 |
1,184.1 |
1,291.2 |
2,402.2 |
2,070.8 |
|
Tools, furniture, & fixtures, net |
1,521.5 |
1,471.6 |
1,542.1 |
1,779.7 |
1,561.3 |
|
Land |
1,417.5 |
1,279.2 |
1,142.4 |
1,060.8 |
943.6 |
|
Constr. in Prog. |
198.0 |
234.6 |
157.1 |
237.0 |
265.4 |
|
Software |
1,630.3 |
1,493.4 |
1,414.7 |
1,350.6 |
1,128.5 |
|
Goodwill |
966.3 |
1,005.4 |
470.9 |
687.3 |
702.0 |
|
Other Intangible |
443.5 |
489.3 |
254.0 |
167.9 |
159.2 |
|
Invest. Secs. |
1,385.5 |
1,435.8 |
2,486.6 |
3,954.2 |
4,251.1 |
|
Equity secs.-nonconsol affil.&sub. |
452.8 |
393.5 |
- |
- |
- |
|
Dfrd.Income Tax |
869.8 |
891.3 |
731.5 |
547.3 |
607.8 |
|
Other Assets |
1,874.4 |
1,797.4 |
1,414.2 |
1,542.1 |
1,386.2 |
|
Allow.Doubt.Acct |
-83.7 |
-86.0 |
-75.3 |
-88.9 |
-26.5 |
|
Total Assets |
36,487.7 |
34,546.8 |
32,621.1 |
38,398.2 |
33,400.2 |
|
|
|
|
|
|
|
|
Note&Acct. Pybl. |
7,290.8 |
6,710.0 |
5,352.9 |
7,757.7 |
6,985.6 |
|
ST Borrowings |
1,514.9 |
533.9 |
1,171.9 |
498.2 |
342.5 |
|
LT debt(Current) |
- |
220.2 |
85.6 |
11.1 |
303.3 |
|
Cur.Port.Bond |
1,206.6 |
1,605.3 |
3,064.5 |
1,100.5 |
1,270.4 |
|
Lease liabilities |
295.2 |
318.8 |
419.5 |
387.2 |
0.0 |
|
Income Tax Pybl. |
285.0 |
286.0 |
195.7 |
266.5 |
278.0 |
|
Accrued Expenses |
3,898.9 |
3,579.4 |
3,026.9 |
3,690.4 |
3,310.5 |
|
Reserve Product Warranty |
304.7 |
272.1 |
151.3 |
200.5 |
143.3 |
|
Res. for construction contract loss |
258.1 |
263.0 |
61.8 |
0.0 |
- |
|
Reserve for directors' bonuses |
1.5 |
1.0 |
0.0 |
2.2 |
0.0 |
|
Other Liabs. |
3,136.9 |
2,906.0 |
2,167.2 |
2,274.4 |
2,675.1 |
|
Total Current Liabilities |
18,192.7 |
16,695.8 |
15,697.3 |
16,188.7 |
15,308.6 |
|
|
|
|
|
|
|
|
Corp. Bond |
2,175.4 |
2,463.6 |
3,855.4 |
6,831.8 |
4,065.2 |
|
Long Term Debt |
783.9 |
1,356.9 |
767.4 |
473.3 |
335.1 |
|
LT Lease liabilities |
323.1 |
422.8 |
478.9 |
629.2 |
0.0 |
|
Total Long Term Debt |
3,282.4 |
4,243.3 |
5,101.8 |
7,934.3 |
4,400.3 |
|
|
|
|
|
|
|
|
Accrued Retire. |
2,190.8 |
2,208.9 |
1,389.3 |
1,563.0 |
1,669.6 |
|
Accrued director's retire |
- |
- |
- |
0.0 |
9.9 |
|
Provis. for purch. elec. computer Loss |
196.9 |
251.6 |
261.6 |
272.1 |
327.3 |
|
Res.Recycle Cost |
76.8 |
59.4 |
58.0 |
48.8 |
33.2 |
|
Reserve for product warranty |
26.6 |
38.4 |
0.0 |
- |
- |
|
Dfrd.Tax |
407.3 |
320.5 |
521.5 |
894.4 |
963.5 |
|
Reval.Dfrd.Tax |
6.9 |
6.2 |
5.8 |
5.8 |
4.9 |
|
Other LT Liabs. |
599.3 |
573.1 |
214.6 |
136.5 |
852.4 |
|
Minority Int. |
1,598.2 |
1,601.6 |
1,788.3 |
1,828.2 |
1,619.3 |
|
Total Liabilities |
26,577.9 |
25,998.9 |
25,038.1 |
28,871.8 |
25,189.1 |
|
|
|
|
|
|
|
|
Common Stock |
3,916.8 |
3,474.2 |
3,286.7 |
3,261.4 |
2,749.3 |
|
Paid in Capital |
2,852.8 |
2,525.5 |
2,395.6 |
2,502.0 |
4,217.9 |
|
Retained Earning |
4,139.4 |
3,295.8 |
2,265.8 |
3,404.9 |
460.0 |
|
Treasury Stock |
-2.6 |
-29.1 |
-21.6 |
-8.7 |
-16.7 |
|
Unrealized Gains |
163.7 |
171.3 |
523.0 |
903.0 |
1,039.8 |
|
Deferred hedge gain/loss |
5.5 |
-0.3 |
29.2 |
1.2 |
1.1 |
|
Revalue of Land |
28.5 |
24.9 |
23.6 |
24.6 |
21.1 |
|
Currency Adjust. |
-1,195.2 |
-915.0 |
-919.6 |
-562.1 |
-261.4 |
|
New Stock Subscription Right |
0.9 |
0.6 |
0.3 |
0.0 |
- |
|
Total Equity |
9,909.7 |
8,547.9 |
7,582.9 |
9,526.3 |
8,211.1 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders' Equity |
36,487.7 |
34,546.8 |
32,621.1 |
38,398.2 |
33,400.2 |
|
|
|
|
|
|
|
|
S/O-Common Stock |
2,069.6 |
2,064.8 |
2,067.2 |
2,068.9 |
2,067.1 |
|
Total Common Shares Outstanding |
2,069.6 |
2,064.8 |
2,067.2 |
2,068.9 |
2,067.1 |
|
T/S-Common Stock |
0.4 |
5.2 |
2.8 |
1.1 |
2.9 |
|
Full-Time Employees |
172,336 |
172,438 |
165,612 |
167,374 |
160,977 |
|
Number of Common Shareholders |
162,900 |
168,791 |
170,846 |
173,291 |
186,212 |
|
LT Debt, mat. within 1 yr. |
2,068.1 |
1,825.5 |
3,150.1 |
1,111.6 |
1,573.7 |
|
LT Debt, mat. b/w 1 & 2 yr. |
932.9 |
1,833.9 |
1,675.4 |
3,073.0 |
872.8 |
|
LT Debt, mat. b/w 2 & 3 yr. |
653.1 |
748.6 |
1,368.3 |
1,609.8 |
2,589.6 |
|
LT Debt, mat. b/w 3 & 4 yr. |
527.1 |
342.1 |
663.0 |
1,259.0 |
427.9 |
|
LT Debt, mat. b/w 4 & 5 yr. |
484.1 |
467.3 |
105.3 |
657.0 |
207.7 |
|
Other LT Debt |
0.2 |
428.6 |
810.9 |
706.3 |
302.3 |
|
Total Long Term Debt, Supplemental |
4,665.5 |
5,646.0 |
7,772.9 |
8,416.6 |
5,974.0 |
|
Capital lease mat. within 1 yr. |
295.2 |
318.8 |
419.5 |
387.2 |
- |
|
Capital lease mat. b/w 1 & 2 yr. |
126.4 |
214.5 |
214.3 |
293.9 |
- |
|
Capital lease mat. b/w 2 & 3 yr. |
80.1 |
86.8 |
139.4 |
159.3 |
- |
|
Capital lease mat. b/w 3 & 4 yr. |
43.4 |
44.3 |
51.7 |
75.2 |
- |
|
Capital lease mat. b/w 4 & 5 yr. |
22.1 |
21.5 |
25.5 |
28.0 |
- |
|
Other Capital lease |
51.1 |
55.9 |
48.1 |
72.8 |
- |
|
Total Capital Leases |
618.3 |
741.6 |
898.4 |
1,016.4 |
- |
|
Operating Lease Pymts. Due within 1Year |
233.7 |
223.3 |
123.6 |
- |
- |
|
Operating Leases - Remaining Payments |
800.3 |
827.5 |
552.8 |
- |
- |
|
Total Operating Leases |
1,034.0 |
1,050.9 |
676.4 |
- |
- |
|
Pension obligation |
15,445.8 |
13,576.9 |
12,132.4 |
11,512.5 |
9,353.3 |
|
Fair value of plan asset |
- |
- |
- |
9,589.7 |
9,538.7 |
|
Plan asset-pension retirement trust |
10,426.9 |
9,373.0 |
7,609.7 |
- |
- |
|
Other plan asset |
499.7 |
629.9 |
400.0 |
- |
- |
|
Funded status |
-4,519.2 |
-3,574.0 |
-4,122.7 |
-1,922.8 |
185.4 |
|
Pension obligation - Foreign |
6,455.1 |
6,337.2 |
3,584.7 |
5,444.4 |
5,755.8 |
|
Fair value of plan asset - Foreign |
4,777.1 |
4,176.5 |
3,001.0 |
4,727.8 |
4,628.4 |
|
Funded status - Foreign |
-1,678.0 |
-2,160.7 |
-583.7 |
-716.6 |
-1,127.4 |
|
Total Funded Status |
-6,197.2 |
-5,734.6 |
-4,706.4 |
-2,639.4 |
-942.1 |
|
Discount rate |
2.50% |
2.50% |
2.50% |
2.50% |
2.50% |
|
Expected rate of return |
2.90% |
2.90% |
2.80% |
2.70% |
2.70% |
|
Discount rate - Foreign |
5.60% |
5.60% |
6.90% |
6.90% |
5.50% |
|
Expected rate of return - Foreign |
7.20% |
7.80% |
8.00% |
7.00% |
7.00% |
|
Exp. unrecog. for account change |
- |
0.0 |
166.7 |
327.3 |
413.3 |
|
Unrecog. actuarial G/L |
4,810.3 |
4,052.0 |
4,991.1 |
3,077.1 |
853.1 |
|
Unrecog. prior service cost |
-1,006.4 |
-1,092.0 |
-1,222.9 |
-1,397.9 |
-1,337.2 |
|
Prepaid pension |
666.0 |
611.5 |
734.1 |
834.0 |
759.7 |
|
Accrued pension benefit |
-1,381.3 |
-1,225.5 |
-921.8 |
-749.5 |
-645.1 |
|
Unrecog. actuarial G/L - Foreign |
896.7 |
1,177.9 |
116.9 |
-96.1 |
101.3 |
|
Unrecog. prior service cost - Foreign |
-28.3 |
-0.6 |
-0.7 |
0.0 |
1.6 |
|
Accrued pension benefit - Foreign |
-809.5 |
-983.4 |
-467.5 |
-812.7 |
-1,024.5 |
|
Net Assets Recognized on Balance Sheet |
3,147.6 |
2,539.8 |
3,395.9 |
1,182.2 |
-877.9 |
Interim Balance Sheet
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
30-Jun-2011 |
31-Mar-2011 |
31-Dec-2010 |
30-Sep-2010 |
30-Jun-2010 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
80.76 |
82.88 |
81.105 |
83.54 |
88.49 |
|
|
|
|
|
|
|
|
Cash & Deposit |
3,340.7 |
4,269.9 |
2,658.4 |
2,738.9 |
2,978.0 |
|
Note&Acct. Rcvbl., gross |
8,988.4 |
10,582.4 |
9,818.4 |
9,203.6 |
8,367.0 |
|
Mkbl.Secs. |
1,379.8 |
130.3 |
1,504.5 |
1,094.2 |
1,612.7 |
|
Inventories - merch &finished goods |
2,081.7 |
1,818.1 |
2,263.8 |
2,011.5 |
1,781.3 |
|
Inventories - work-in-process |
1,563.8 |
1,363.4 |
1,753.7 |
1,495.4 |
1,372.6 |
|
Inventories - raw materials & supplies |
1,087.0 |
938.2 |
997.1 |
958.2 |
912.2 |
|
Deferred tax assets |
1,017.3 |
925.0 |
873.0 |
937.6 |
804.6 |
|
Other |
1,628.8 |
1,394.1 |
1,574.5 |
1,430.4 |
1,585.3 |
|
Allowance for doubtful accounts |
-180.7 |
-178.3 |
-166.3 |
-174.0 |
-158.1 |
|
Total Current Assets |
20,906.8 |
21,243.1 |
21,277.1 |
19,695.8 |
19,255.8 |
|
|
|
|
|
|
|
|
Buildings & structures, net |
3,435.1 |
3,352.4 |
3,369.0 |
3,255.1 |
3,101.1 |
|
Machineries & equipment, net |
1,218.2 |
1,216.3 |
1,307.0 |
1,288.5 |
1,205.9 |
|
Tools, furniture, & fixtures, net |
1,530.0 |
1,521.5 |
1,560.2 |
1,568.7 |
1,492.3 |
|
Land |
1,456.1 |
1,417.5 |
1,453.5 |
1,416.2 |
1,329.1 |
|
Constr. in Prog. |
188.2 |
198.0 |
172.0 |
186.7 |
165.8 |
|
Software |
1,635.9 |
1,630.3 |
1,650.2 |
1,617.1 |
1,526.3 |
|
Goodwill |
941.6 |
966.3 |
1,023.9 |
983.4 |
947.7 |
|
Other Intangible |
434.0 |
443.5 |
459.1 |
456.0 |
447.6 |
|
Invest. Secs. |
1,866.4 |
1,838.3 |
1,854.3 |
1,695.0 |
1,642.8 |
|
Deferred tax assets |
897.3 |
869.8 |
950.8 |
898.0 |
1,001.0 |
|
Other |
1,881.7 |
1,874.4 |
1,923.4 |
1,916.2 |
1,846.5 |
|
Allowance for doubtful accounts |
-83.7 |
-83.7 |
-83.0 |
-90.4 |
-90.7 |
|
Total Assets |
36,307.5 |
36,487.7 |
36,917.6 |
34,886.3 |
33,871.2 |
|
|
|
|
|
|
|
|
Note&Acct. Pybl. |
6,306.9 |
7,290.8 |
6,858.2 |
6,495.6 |
6,080.3 |
|
ST Borrowings |
3,474.6 |
1,514.9 |
2,391.0 |
936.5 |
1,731.9 |
|
Cur.Port.Bond |
126.7 |
1,206.6 |
1,233.0 |
1,795.5 |
1,791.7 |
|
Lease obligations |
262.7 |
295.2 |
329.8 |
338.0 |
310.4 |
|
Income Tax Pybl. |
168.1 |
285.0 |
175.1 |
237.4 |
215.2 |
|
Accrued Expenses |
3,500.1 |
3,898.9 |
3,447.1 |
3,594.1 |
3,202.2 |
|
Provision for directors' bonuses |
0.0 |
1.5 |
0.0 |
- |
- |
|
Provision for product warranties |
317.7 |
304.7 |
256.9 |
264.2 |
242.9 |
|
Res. for construction contract loss |
189.0 |
258.1 |
204.1 |
241.9 |
252.2 |
|
Other |
3,514.6 |
3,136.9 |
3,100.0 |
2,841.4 |
3,024.3 |
|
Total Current Liabilities |
17,860.3 |
18,192.7 |
17,995.0 |
16,744.6 |
16,851.2 |
|
|
|
|
|
|
|
|
Corp. Bond |
2,232.5 |
2,175.4 |
2,223.0 |
1,559.6 |
1,472.1 |
|
Long Term Debt |
955.3 |
783.9 |
1,244.6 |
1,526.1 |
1,446.8 |
|
Lease obligations |
322.6 |
323.1 |
364.0 |
406.8 |
411.8 |
|
Total Long Term Debt |
3,510.5 |
3,282.4 |
3,831.7 |
3,492.4 |
3,330.7 |
|
|
|
|
|
|
|
|
Dfrd.Tax |
418.4 |
407.3 |
348.1 |
315.3 |
306.9 |
|
Deferred tax liabilities revaluation |
7.1 |
6.9 |
7.1 |
6.9 |
6.5 |
|
Accrued Retire. |
2,234.3 |
2,190.8 |
2,366.1 |
2,318.1 |
2,168.8 |
|
Provis. for purch. elec. computer Loss |
195.5 |
196.9 |
219.5 |
232.9 |
240.5 |
|
Provision for product warranties |
27.3 |
26.6 |
25.0 |
24.8 |
30.0 |
|
Res.Recycle |
81.6 |
76.8 |
75.9 |
70.9 |
65.4 |
|
Other |
623.2 |
599.3 |
608.3 |
604.7 |
591.4 |
|
Minority Int. |
1,594.9 |
1,598.2 |
1,666.1 |
1,632.4 |
1,525.3 |
|
Total Liabilities |
26,553.1 |
26,577.9 |
27,142.7 |
25,443.0 |
25,116.6 |
|
|
|
|
|
|
|
|
Common Stock |
4,019.6 |
3,916.8 |
4,002.5 |
3,885.9 |
3,668.5 |
|
Paid in Capital |
2,927.6 |
2,852.8 |
2,915.2 |
2,830.2 |
2,671.9 |
|
Retained earnings |
3,868.9 |
4,139.4 |
3,990.8 |
3,800.2 |
3,390.8 |
|
Treasury Stock |
-2.7 |
-2.6 |
-2.4 |
-1.7 |
-1.4 |
|
Unrealized Gains |
174.3 |
163.7 |
155.6 |
128.3 |
145.7 |
|
Deferred hedge |
-2.7 |
5.5 |
-2.4 |
-3.9 |
0.2 |
|
Reval. of Land |
29.3 |
28.5 |
29.5 |
28.7 |
26.3 |
|
Cumulative translation adjustments |
-1,260.5 |
-1,195.2 |
-1,314.9 |
-1,225.4 |
-1,148.1 |
|
New Stock Subscription Right |
0.7 |
0.9 |
0.9 |
0.9 |
0.6 |
|
Total Equity |
9,754.5 |
9,909.7 |
9,774.9 |
9,443.3 |
8,754.6 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders' Equity |
36,307.5 |
36,487.7 |
36,917.6 |
34,886.3 |
33,871.2 |
|
|
|
|
|
|
|
|
S/O-Common Stock |
2,069.6 |
2,069.6 |
2,069.7 |
2,069.8 |
2,069.8 |
|
Total Common Shares Outstanding |
2,069.6 |
2,069.6 |
2,069.7 |
2,069.8 |
2,069.8 |
|
T/S-Common Stock |
0.4 |
0.4 |
0.4 |
0.3 |
0.2 |
|
Full-Time Employees |
- |
172,336 |
171,842 |
172,014 |
172,542 |
Annual Cash Flows
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
31-Mar-2008 |
31-Mar-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
85.691434 |
92.941082 |
100.484331 |
114.302336 |
116.944303 |
|
Auditor |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
Shin Nihon &
Co. |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified with
Explanation |
Unqualified with
Explanation |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Income before Tax |
1,193.1 |
1,212.7 |
-1,127.7 |
957.5 |
1,834.2 |
|
Depreciation |
2,424.6 |
2,493.4 |
2,807.5 |
2,443.5 |
2,383.9 |
|
Impairment loss |
18.4 |
31.2 |
748.3 |
164.1 |
85.4 |
|
Amort. of goodwill |
182.2 |
250.9 |
162.1 |
- |
- |
|
Reserve |
-531.0 |
-321.0 |
-120.5 |
-215.3 |
-176.9 |
|
Int.&Dividend Income |
-71.4 |
-86.3 |
-192.6 |
-155.4 |
-121.3 |
|
Interest Charges |
136.9 |
175.6 |
174.3 |
186.1 |
157.6 |
|
Equity in Affiliates |
-44.4 |
-30.2 |
338.8 |
-80.4 |
-59.8 |
|
Loss on Asset Retire |
85.3 |
113.4 |
94.5 |
151.5 |
238.4 |
|
G/L sale investment secs |
-109.3 |
-964.7 |
-34.7 |
-151.4 |
-641.9 |
|
L on valuation of investment sec. |
- |
0.0 |
186.4 |
219.9 |
40.2 |
|
L on valuation of inventories |
- |
- |
0.0 |
219.1 |
0.0 |
|
Note&Acct. Rcvbl |
299.8 |
526.5 |
1,264.8 |
-231.4 |
-997.6 |
|
Inventories |
-265.0 |
202.2 |
632.1 |
-73.1 |
-63.7 |
|
Note&Acct. Pybl. |
-20.0 |
-248.0 |
-2,237.9 |
-200.3 |
421.3 |
|
Other Operating Activities |
155.9 |
169.7 |
-14.9 |
-9.5 |
755.3 |
|
Int.&Div.Rcvd. |
80.4 |
96.5 |
292.4 |
156.4 |
130.9 |
|
Interest Paid |
-130.5 |
-192.4 |
-184.4 |
-169.6 |
-161.1 |
|
Income Taxes Paid |
-422.9 |
-251.4 |
-319.5 |
-393.9 |
-329.6 |
|
Newly Consolidated |
- |
- |
87.3 |
8.6 |
5.6 |
|
Cash from Operating Activities |
2,982.0 |
3,178.2 |
2,556.3 |
2,826.3 |
3,501.0 |
|
|
|
|
|
|
|
|
Capital Expenditures |
-1,426.8 |
-1,232.2 |
-1,750.0 |
-2,353.0 |
-2,211.6 |
|
Sale of Fixed Assets |
80.1 |
98.7 |
185.6 |
34.9 |
532.7 |
|
Purchase-Intangibles |
-696.6 |
-632.9 |
-658.0 |
-543.2 |
-505.6 |
|
Purch.Inv.Secs. |
-187.1 |
-254.6 |
-169.4 |
-183.6 |
-195.1 |
|
Sale Inv.Secs. |
409.8 |
1,256.9 |
155.3 |
485.3 |
1,001.5 |
|
Purch. of con.Subs. Secs.-inflow |
8.3 |
542.5 |
0.0 |
- |
- |
|
Proceeds from transfer of business |
49.2 |
188.8 |
0.0 |
- |
- |
|
Other Investing Activities |
104.7 |
43.9 |
1.3 |
75.6 |
86.2 |
|
Cash from Investing Activities |
-1,658.4 |
11.0 |
-2,235.3 |
-2,484.0 |
-1,291.9 |
|
|
|
|
|
|
|
|
ST Borrowings, Net |
86.0 |
-870.0 |
810.3 |
140.8 |
-231.5 |
|
LT Debt Proceeds |
58.2 |
751.3 |
394.4 |
104.6 |
121.1 |
|
LT Debt Payments |
-180.8 |
-121.4 |
-30.9 |
-336.1 |
-202.4 |
|
Proc.Bond |
685.6 |
131.5 |
692.7 |
2,842.5 |
0.0 |
|
Redempt.Bond |
-1,851.4 |
-3,392.7 |
-1,680.9 |
-1,437.4 |
-1,284.4 |
|
Proceeds from sales of treasury stock |
0.3 |
0.3 |
0.0 |
- |
- |
|
Purchase of treasury stock |
-1.7 |
-244.1 |
0.0 |
- |
- |
|
Dividends Paid |
-270.6 |
-148.9 |
-243.4 |
-138.9 |
-141.7 |
|
Other Financing Activities |
-473.7 |
-466.8 |
-418.9 |
-630.4 |
-270.2 |
|
Cash from Financing Activities |
-1,948.1 |
-4,360.9 |
-476.6 |
545.3 |
-2,009.1 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
-94.4 |
-10.6 |
-40.2 |
-20.2 |
37.8 |
|
Net Change in Cash |
-718.8 |
-1,182.3 |
-195.8 |
867.3 |
237.8 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
4,903.5 |
5,703.1 |
5,452.0 |
3,925.6 |
3,599.1 |
|
Net Cash - Ending Balance |
4,184.7 |
4,520.8 |
5,256.3 |
4,792.9 |
3,836.9 |
|
Cash Interest Paid |
130.5 |
192.4 |
184.4 |
169.6 |
161.1 |
|
Cash Taxes Paid |
422.9 |
251.4 |
319.5 |
393.9 |
329.6 |
Interim Cash Flows
As Reported
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
30-Jun-2011 |
31-Mar-2011 |
31-Dec-2010 |
30-Sep-2010 |
30-Jun-2010 |
|
Period Length |
3 Months |
12 Months |
9 Months |
6 Months |
3 Months |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate
(Period Average) |
81.605269 |
85.691434 |
86.812446 |
88.962162 |
92.080323 |
|
|
|
|
|
|
|
|
Income before Tax |
-323.3 |
1,193.1 |
664.7 |
397.4 |
26.3 |
|
Depreciation |
586.1 |
2,424.6 |
1,760.7 |
1,143.9 |
552.0 |
|
Impairment loss |
0.0 |
18.4 |
14.4 |
14.1 |
13.6 |
|
Amort. of Goodwill |
46.4 |
182.2 |
136.3 |
87.1 |
43.2 |
|
Reserve |
-64.8 |
-531.0 |
-445.0 |
-307.2 |
-186.7 |
|
Int.&Dividend Income |
-38.4 |
-71.4 |
-65.0 |
-47.4 |
-34.0 |
|
Interest Exp. |
30.2 |
136.9 |
113.4 |
74.4 |
37.5 |
|
Equity in Affiliates |
-24.6 |
-44.4 |
-31.0 |
-25.3 |
-8.7 |
|
Loss on Fixed Asset Retire |
7.1 |
85.3 |
58.0 |
47.9 |
13.7 |
|
G/L sale investment secs |
- |
-109.3 |
-102.5 |
-91.8 |
- |
|
Note&Acct. Rcvbl. |
1,802.9 |
299.8 |
1,033.2 |
1,472.9 |
1,680.0 |
|
Inventories |
-516.5 |
-265.0 |
-1,069.0 |
-650.6 |
-495.8 |
|
Note&Acct. Pybl. |
-1,128.8 |
-20.0 |
-448.6 |
-678.2 |
-678.6 |
|
Other Operating Activities |
-244.1 |
155.9 |
-423.8 |
-229.0 |
-318.3 |
|
Int.&Div.Rcvd. |
30.7 |
80.4 |
72.3 |
55.2 |
27.3 |
|
Interest Paid |
-69.8 |
-130.5 |
-109.2 |
-76.6 |
-44.0 |
|
Income Taxes Paid |
-224.5 |
-422.9 |
-340.7 |
-240.6 |
-158.0 |
|
Cash from Operating Activities |
-131.4 |
2,982.0 |
818.2 |
946.0 |
469.6 |
|
|
|
|
|
|
|
|
Capital Expenditures |
-342.7 |
-1,426.8 |
-1,039.9 |
-729.7 |
-315.6 |
|
Sale of PPE |
16.6 |
80.1 |
69.1 |
42.1 |
26.7 |
|
Purchase-Intangibles |
-132.7 |
-696.6 |
-471.7 |
-294.1 |
-112.5 |
|
Purch.Inv.Secs. |
-2.9 |
-187.1 |
-169.7 |
-94.6 |
-16.1 |
|
Sale Inv.Secs. |
9.4 |
409.8 |
391.1 |
364.2 |
232.4 |
|
Purch. of con.Subs. Secs.-inflow |
0.6 |
8.3 |
7.0 |
0.0 |
0.0 |
|
Proceeds from transfer of business |
- |
49.2 |
48.5 |
- |
- |
|
Other Investing Activities |
3.4 |
104.7 |
90.0 |
79.3 |
2.1 |
|
Cash from Investing Activities |
-448.4 |
-1,658.4 |
-1,075.5 |
-632.9 |
-183.0 |
|
|
|
|
|
|
|
|
ST Borrowings, Net |
1,787.2 |
86.0 |
1,292.0 |
194.8 |
979.7 |
|
LT Debt Proceeds |
337.0 |
58.2 |
53.9 |
30.1 |
23.7 |
|
LT Debt Payments |
-64.7 |
-180.8 |
-154.1 |
-86.4 |
-57.9 |
|
Proc.Bond |
124.2 |
685.6 |
676.7 |
98.2 |
93.5 |
|
Redempt.Bond |
-1,225.4 |
-1,851.4 |
-1,827.4 |
-1,221.2 |
-1,086.0 |
|
Treasury stock sold |
0.0 |
0.3 |
0.2 |
0.1 |
0.0 |
|
Treasury stock purchased |
-0.1 |
-1.7 |
-1.4 |
-0.7 |
-0.4 |
|
Dividends Paid |
-139.1 |
-270.6 |
-267.1 |
-132.1 |
-127.6 |
|
Other financing activiites |
-87.6 |
-473.7 |
-384.3 |
-287.2 |
-199.1 |
|
Cash from Financing Activities |
731.5 |
-1,948.1 |
-611.6 |
-1,404.4 |
-374.1 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
-10.2 |
-94.4 |
-163.8 |
-116.0 |
-140.7 |
|
Net Change in Cash |
141.6 |
-718.8 |
-1,032.7 |
-1,207.3 |
-228.3 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
4,444.1 |
4,903.5 |
4,840.2 |
4,723.3 |
4,563.3 |
|
Net Cash - Ending Balance |
4,585.7 |
4,184.7 |
3,807.5 |
3,516.0 |
4,335.0 |
|
Cash Interest Paid |
69.8 |
130.5 |
109.2 |
76.6 |
44.0 |
|
Cash Taxes Paid |
224.5 |
422.9 |
340.7 |
240.6 |
158.0 |
Geographic Segments
Financials in: As Reported (mil)
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Geographic Segments
Financials in: As Reported (mil)
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Segments
Financials in: As Reported (mil)
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Segments
Financials in: As Reported (mil)
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.22 |
|
UK Pound |
1 |
Rs.75.63 |
|
Euro |
1 |
Rs.65.65 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess SCs credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this report.
The assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.