MIRA
INFORM REPORT
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Report Date : |
02.10.2013 |
IDENTIFICATION DETAILS
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Name : |
FUJITSU LIMITED |
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Registered Office : |
Shiodome City Center, 1-5-2, Higashi-Shimbashi, Minato-Ku, 105-7123 |
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Country : |
Japan |
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Financials (as on) : |
31.03.2013 |
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Date of Incorporation : |
20.06.1935 |
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Legal Form : |
Public Parent Company |
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Line of Business : |
Subject operates as an information and communication
technology (ICT) company offering a full range of technology products,
solutions and services. |
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No. of Employees : |
168,733 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
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 2013
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Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
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Japan |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
japan ECONOMIC OVERVIEW
In the years following World War
II, government-industry cooperation, a strong work ethic, mastery of high
technology, and a comparatively small defense allocation (1% of GDP) helped
Japan develop a technologically advanced economy. Two notable characteristics
of the post-war economy were the close interlocking structures of
manufacturers, suppliers, and distributors, known as keiretsu, and the
guarantee of lifetime employment for a substantial portion of the urban labor
force. Both features are now eroding under the dual pressures of global
competition and domestic demographic change. Japan's industrial sector is
heavily dependent on imported raw materials and fuels. A small agricultural
sector is highly subsidized and protected, with crop yields among the highest
in the world. While self-sufficient in rice production, Japan imports about 60%
of its food on a caloric basis. For three decades, overall real economic growth
had been spectacular - a 10% average in the 1960s, a 5% average in the 1970s,
and a 4% average in the 1980s. Growth slowed markedly in the 1990s, averaging
just 1.7%, largely because of the after effects of inefficient investment and
an asset price bubble in the late 1980s that required a protracted period of
time for firms to reduce excess debt, capital, and labor. Modest economic
growth continued after 2000, but the economy has fallen into recession three
times since 2008. A sharp downturn in business investment and global demand for
Japan's exports in late 2008 pushed Japan into recession. Government stimulus
spending helped the economy recover in late 2009 and 2010, but the economy
contracted again in 2011 as the massive 9.0 magnitude earthquake and the
ensuing tsunami in March disrupted manufacturing. The economy has largely
recovered in the two years since the disaster, but reconstruction in the Tohoku
region has been uneven. Newly-elected Prime Minister Shinzo ABE has declared
the economy his government's top priority; he has pledged to reconsider his
predecessor's plan to permanently close nuclear power plants and is pursuing an
economic revitalization agenda of fiscal stimulus and regulatory reform and has
said he will press the Bank of Japan to loosen monetary policy. Measured on a
purchasing power parity (PPP) basis that adjusts for price differences, Japan
in 2012 stood as the fourth-largest economy in the world after second-place
China, which surpassed Japan in 2001, and third-place India, which edged out
Japan in 2012. The new government will continue a longstanding debate on
restructuring the economy and reining in Japan's huge government debt, which
exceeds 200% of GDP. Persistent deflation, reliance on exports to drive growth,
and an aging and shrinking population are other major long-term challenges for
the economy.
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Source : CIA |
Company name & address
FUJITSU LIMITED
Shiodome City Center
1-5-2, Higashi-Shimbashi
Minato-Ku, 105-7123
Japan
Tel: 81-3-62522220
Fax: 81-362522783
Web: www.fujitsu.com
Synthesis
Employees: 168,733
Company Type: Public Parent
Corporate Family: 471
Companies
Traded: Tokyo Stock Exchange: 6702
Over The Counter: FJTSY
Incorporation Date: 20-Jun-1935
Auditor: Ernst & Young ShinNihon LLC
Financials in: USD
(Millions)
Fiscal Year End: 31-Mar-2013
Reporting Currency: Japanese
Yen
Annual Sales: 52,810.7 1
Net Income: (878.8)
Total Assets: 32,406.2 2
Market Value: 8,730.1 (05-Jul-2013)
Business Description
Fujitsu, Ltd. operates as an information and communication technology (ICT) company offering a full range of technology products, solutions and services. The Company's business segments engages in system platforms, solutions/systems integration, infrastructure services, PCs and mobile phones, mobilewear, LSI, and electronic components. For the fiscal year ended 31 March 2013, FUJITSU LIMITED revenues decreased 2% to Y4.382T. Net loss totaled Y72.91B vs. income of Y42.71B. Revenues reflect Ubiquitous solution segment decrease of 6% to Y972.97B, Device Solutions segment decrease of 6% to Y483.9B. Net loss reflects Ubiquitous solution segment income decrease of 52% to Y9.63B, Other segment loss increase from Y2.06B to Y6.92B.
Industry
Industry Computer System Design Services
ANZSIC 2006: 7000 - Computer
System Design and Related Services
ISIC Rev 4: 620 - Computer
programming, consultancy and related activities
NACE Rev 2: 620 - Computer
programming, consultancy and related activities
NAICS 2012: 541512 - Computer
Systems Design Services
UK SIC 2007: 620 - Computer
programming, consultancy and related activities
US SIC 1987: 7379 - Computer
Related Services, Not Elsewhere Classified
Key Executives
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Name |
Title |
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Robert D. Pryor |
President and Chief Executive Officer |
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Kazuhiko Kato |
Chief Financial Officer, Senior Managing Executive Officer, Director |
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Katsumi Nakano |
Executive Officer, Chief Director of Tokyo Capital Areal Sales |
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Hirofumi Nakayasu |
Manager of Legal Affairs Division |
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Hiromichi Hirata |
Exec VP-Assurance Grp |
Significant Developments
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* number of significant developments within the last 12 months
Financial Summary
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Stock Snapshot
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1 - Profit & Loss Item Exchange Rate: USD 1 = JPY 82.97047
2 - Balance Sheet Item Exchange Rate: USD 1 = JPY 94.08855
Corporate Overview
Location
Shiodome City Center
1-5-2, Higashi-Shimbashi
Minato-Ku, 105-7123
Japan
Tel: 81-3-62522220
Fax: 81-362522783
Web: www.fujitsu.com
Quote Symbol - Exchange
6702 - Tokyo Stock
Exchange
Sales JPY(mil): 4,381,728.0
Assets JPY(mil): 3,049,054.0
Employees: 168,733
Fiscal Year End: 31-Mar-2013
Industry: Computer Services
Incorporation Date: 20-Jun-1935
Company Type: Public Parent
Quoted Status: Quoted
President : Masami Yamamoto
Industry Codes
ANZSIC 2006 Codes:
7000 - Computer System Design and Related Services
5420 - Software Publishing
2421 - Computer and Electronic Office Equipment Manufacturing
2419 - Other Professional and Scientific Equipment Manufacturing
2439 - Other Electrical Equipment Manufacturing
2429 - Other Electronic Equipment Manufacturing
ISIC Rev 4 Codes:
620 - Computer programming, consultancy and related activities
2610 - Manufacture of electronic components and boards
2720 - Manufacture of batteries and accumulators
5820 - Software publishing
2651 - Manufacture of measuring, testing, navigating and control
equipment
2620 - Manufacture of computers and peripheral equipment
2710 - Manufacture of electric motors, generators, transformers
and electricity distribution and control apparatus
NACE Rev 2 Codes:
620 - Computer programming, consultancy and related activities
2611 - Manufacture of electronic components
5829 - Other software publishing
2712 - Manufacture of electricity distribution and control apparatus
2620 - Manufacture of computers and peripheral equipment
2720 - Manufacture of batteries and accumulators
2651 - Manufacture of instruments and appliances for measuring,
testing and navigation
NAICS 2012 Codes:
541512 - Computer Systems Design Services
334111 - Electronic Computer Manufacturing
334417 - Electronic Connector Manufacturing
334419 - Other Electronic Component Manufacturing
334413 - Semiconductor and Related Device Manufacturing
334112 - Computer Storage Device Manufacturing
334511 - Search, Detection, Navigation, Guidance, Aeronautical, and
Nautical System and Instrument Manufacturing
335911 - Storage Battery Manufacturing
511210 - Software Publishers
US SIC 1987:
7379 - Computer Related Services, Not Elsewhere Classified
3674 - Semiconductors and Related Devices
3812 - Search, Detection, Navigation, Guidance, Aeronautical, and
Nautical Systems and Instruments
3678 - Electronic Connectors
3679 - Electronic Components, Not Elsewhere Classified
3691 - Storage Batteries
3571 - Electronic Computers
3572 - Computer Storage Devices
7372 - Prepackaged Software
UK SIC 2007:
620 - Computer programming, consultancy and related activities
2611 - Manufacture of electronic components
2620 - Manufacture of computers and peripheral equipment
2720 - Manufacture of batteries and accumulators
5829 - Other software publishing
2712 - Manufacture of electricity distribution and control
apparatus
2651 - Manufacture of instruments and appliances for measuring,
testing and navigation
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).
More Business Descriptions
Fujitsu, Ltd.
operates as an information and communication technology (ICT) company offering
a full range of technology products, solutions and services. The Company's
business segments engages in system platforms, solutions/systems integration,
infrastructure services, PCs and mobile phones, mobilewear, LSI, and electronic
components. For the fiscal year ended 31 March 2013, FUJITSU LIMITED revenues
decreased 2% to Y4.382T. Net loss totaled Y72.91B vs. income of Y42.71B.
Revenues reflect Ubiquitous solution segment decrease of 6% to Y972.97B, Device
Solutions segment decrease of 6% to Y483.9B. Net loss reflects Ubiquitous
solution segment income decrease of 52% to Y9.63B, Other segment loss increase
from Y2.06B to Y6.92B.
Provision of
customer focused IT equipment, retail and manufacture of computers, data
processing systems; communications, switching and optical transmission systems;
electronic devices
Computers &
Data Processing Systems, Telecommunications Systems & Electronic Components
Mfr
Fujitsu Limited
(Fujitsu) is an information technology company providing customer centric
information technology and communication solutions. It offers products and
services to large enterprises, carriers and government; small and mid-sized
enterprises; technology buyers and OEMs. The company offers solutions for
various industries including automotive, financial, healthcare, retail, and
telecommunication. It has a network of R&D, manufacturing, data center,
system integration, consulting, sales and support operations across the world.
The company's product portfolio includes computing products,
telecommunications, software, microelectronics and others. It also provides
comprehensive services including Consulting Services, Application Services,
Managed Infrastructure Services, and Product Support Services.The company
classifies its business into three reportable business segments, namely,
Technology Solutions, Ubiquitous Product Solutions, and Device Solutions.
Fujitsu's Technology Solutions segment comprises a range of high-performance IT
system platforms based on leading-edge technologies. It is separated into two
sub segments, namely, Solutions/System Integration services and hardware
installation. The major product offerings include Systems integration services,
consulting, Front-end technology (ATMs, POS systems) Outsourcing services (Data
center, ICT operational management, SaaS, Application usage and management,
Business process outsourcing, etc.), Network services (Business networks,
Internet, Mobile content distribution), System support services (Information
system and network maintenance and monitoring services), Security solutions
(Information systems infrastructure construction and network construction),
Servers (Mainframes, UNIX servers, Mission-critical x86, Other x86 servers),
Storage systems Software (OS, Middleware), Network management systems, Optical
transmission systems and Mobile phone base stations. The company operates the
Technology Solutions segment through Fujitsu Frontech Limited, Fujitsu Telecom
Networks Limited, Fujitsu IT Products Ltd., NIFTY Corporation, Fujitsu Broad
Solution & Consulting Inc., Fujitsu Business Systems Limited, Fujitsu FSAS
Inc., Fujitsu FIP Corporation, PFU Limited, Fujitsu Network Communications,
Inc., Fujitsu Services Holdings PLC, Fujitsu Australia Limited and Fujitsu Asia
Pte Ltd. For the fiscal year ended March 2012, the segment reported revenue of
JPY2,934.9 billion, showing a decrease of 2% over that in 2011.The company's
Ubiquitous Product Solutions segments develops and manufactures PCs, mobile phones,
storage equipment (hard disk drives, magneto-optical disk drives), optical
transceiver modules and others. It offers both desktop and notebook models in
PCs. Under mobile phones, the company is developing smartphones and tablet
devices under the new ARROWS brand; under mobilewear, it provides Connectivity
Products for smartphones. It conducts all its operation through Shimane Fujitsu
Limited, Fujitsu Mobile-phone Products Limited, Fujitsu Isotec Limited, Fujitsu
Personal System Limited, Fujitsu America, Inc. and Fujitsu Technology Solutions
(Holding) B.V. For the fiscal year ended March 2012, the segment reported
revenue of JPY1,154.2 billion, showing an increase of 2.55 over that in
2011.Fujitsu's Device Solutions segment comprises of two divisions, namely LSI
Devices and Electronic Components, and Others. It offers LSI devices,
Electronic components such as Semiconductor and packages, Batteries, Mechanical
components such as Relays and Connectors. LSI devices are used in digital home
appliances, automobiles, mobile phones, servers, semiconductor packages,
Surface Acoustic Wave devices and other electronic components. It provides
Logic LSI chips and related electronic components for core technologies to its
customers. Fujitsu operates this segment through Fujitsu Semiconductor Limited,
Shinko Electric Industries Co., Ltd, FDK Corporation, Fujitsu Component
Limited, Fujitsu Electronics Inc., and Fujitsu Semiconductor Asia Pte. Ltd. For
the fiscal year ended March 2012, the segment reported revenue of JPY584.7
billion, showing a decrease of 75 over that in 2011.The company's research and
development activities (R&D) focus on the creation of new businesses, and
creating and accumulating advanced technologies. The company conducts major
research activities on Green technology, Sensor technology and system solutions
and Future generation terminals and services. In 2012, the company invested JPY
238.3 billion on its R&D activities. Geographically, the company operated
in four regions, namely, Asia, Pacific, and China; Japan; the Americas; and
Europe, Middle East and Africa(EMEA). It reported revenue of JPY2,961.5 billion
from Japan, followed by JPY809.2 billion from EMEA, JPY410.2 billion from Asia,
Pacific and China; and JPY286.6 billion from the Americas.In August 2012, the
company sold its wholly owned subsidiary Fujitsu Software Technologies Limited,
to TOKAI Communications Corporation, a wholly owned subsidiary of Tokai
Holdings Corp. In July, the company planned to sell its main semiconductor
plant in western Japan to Taiwan Semiconductor Manufacturing Co.
Fujitsu Limited
(Fujitsu) is one of the leading information technology and communications
solutions provider. It offers ICT-based business solutions, PCs, mobile phones,
optical transceiver modules, LSI devices, semiconductor packages, batteries,
and structural components. The company also provides a wide range of services
including consulting, systems integration, IT infrastructure management and
solutions. It operates across 100 countries in Japan, EMEA (Europe, Middle
East, and Africa), APAC (Asia-Pacific) and China, and the Americas. The company
offers solutions to various industrial sectors including Automotive, Financial,
Healthcare, Retail, Telco, AIT, and others. It classifies its business into three
reportable business segments, namely, Technology Solutions, Ubiquitous
Solutions, and Device Solutions. Fujitsu is headquartered in Tokyo, Japan.In
2012, the company launched various new products including M532/EA4 Android 4.0
Tablet, Workplace-LCM Service, which optimizes ICT utilization and thoroughly
supports the lifecycle of corporate end-users' ICT equipment, from planning and
acquisition to deployment, operation, equipment removal, and disposal.The
company reported revenues of (Yen) JPY 4,381,728.00 million during the fiscal
year ended March 2013, a decrease of 1.92% from 2012. The operating loss of the
company was JPY 57,255.00 million during the fiscal year 2013, as against an
operating income of JPY 77,823.00 million during 2012. The net loss of the
company was JPY 72,913.00 million during the fiscal year 2013, as against a net
profit of JPY 42,707.00 million during 2012.
Computers - Servers/Mini/Mainframe
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Strategic Initiatives
Key Organizational
Changes
The restructuring
expenses for business outside Japan consist of personnel-related expenses,
primarily for the European subsidiary Fujitsu Technology Solutions (Holding)
B.V. (FTS). Other restructuring expenses include the losses mainly on
personnel-related rationalization expenses at managerial levels. Fujitsu also
posted an impairment loss of 34.2 billion yen mainly on the unamortized balance
of the goodwill recorded at the time of acquisition of FTS. "In the fourth
quarter we saw solid performance in Technology Solutions both in and outside
Japan. On the other hand, the device business and Ubiquitous Solutions have
deteriorated significantly.
Partnerships
In addition to
enabling the identification and replication of manufacturing better practices
by comparing and analyzing manufacturing conditions at each plant, resulting in
reduced energy consumption, the use of the FEMS has also led to improvements in
manufacturing quality and efficiency in the fastener production process. YKK
plans to expand the use of the system to other YKK Group businesses and to the
Fastening Product Group's manufacturing facilities outside of Japan. Developed
as part of a collaboration between YKK and Fujitsu, the new FEMS performs
visualization in order to enable YKK to reduce its energy consumption and CO2
emissions. As the first step in deploying the system, operations were launched
in April 2012 at the company's metal materials manufacturing division, which
accounts for approximately 25% of the energy (crude oil equivalent) consumed by
YKK's manufacturing operations in Japan. In addition, by using this system for
data analysis and quality analysis, production quality and productivity can be
improved.
Going forward, YKK
plans to expand the use of the system to other YKK Group businesses and to the
Fastening Product Group's manufacturing facilities outside of Japan. The
company expects to leverage the expertise gained through this project to reduce
the energy consumption, electricity use, and CO2 emissions of the entire YKK
Group. For its part, Fujitsu plans to apply the know-how gained in building the
new system to its EMS solutions business. Fujitsu will also continue to
leverage ICT to provide a full range of support to the YKK Group's global
quality and environmental management initiatives.Jun 11, 2012Fujitsu Helps
Tohoku Electric Power Achieve Energy-efficient Datacenter Operations With
Optical Fiber Multipoint Temperature Sensing TechnologyFujitsu Limited
implemented a real-time temperature distribution visualization system within
Tohoku Electric Power Group's datacenter in collaboration with Tohoku Electric
Power Co., Inc. and Tohoku Information Systems Co.
The new FEMS
enables visualization of energy consumption by attaching power sensors to each
piece of production equipment, such as the melting furnace, and collecting
real-time data from each sensor in one-minute increments. In the same period,
Fujitsu Limited, Fujitsu Laboratories Limited, and Nagoya University began joint
research on collecting and visualizing health information. This collaboration
enables the company to improve health management and to assist the prevention
of illnesses in future. In April 2012, the company entered into a reseller
agreement with MasterControl Inc., a global provider of quality management
software (QMS) solutions, in order to strengthen its capabilities as a
solutions provider in the life sciences field. According to this, the company
offers all of MasterControl's eight products to global manufacturers of
pharmaceuticals and healthcare devices, while commencing consulting and
installation support services related to QMS.
The new system has
begun operating in the Fastening Product Group's metallic materials
manufacturing department located at the company's Kurobe Plant, which
manufactures fasteners.The new FEMS enables visualization of energy consumption
by attaching power sensors to each piece of production equipment, such as the
melting furnace, and collecting real-time data from each sensor in one-minute
increments. In addition to enabling the identification and replication of
manufacturing better practices by comparing and analyzing manufacturing
conditions at each plant, resulting in reduced energy consumption, the use of
the FEMS has also led to improvements in manufacturing quality and efficiency
in the fastener production process. YKK plans to expand the use of the system
to other YKK Group businesses and to the Fastening Product Group's
manufacturing facilities outside of Japan. Developed as part of a collaboration
between YKK and Fujitsu, the new FEMS performs visualization in order to enable
YKK to reduce its energy consumption and CO2 emissions. As the first step in
deploying the system, operations were launched in April 2012 at the company's
metal materials manufacturing division, which accounts for approximately 25% of
the energy (crude oil equivalent) consumed by YKK's manufacturing operations in
Japan.
The company
expects to leverage the expertise gained through this project to reduce the
energy consumption, electricity use, and CO2 emissions of the entire YKK Group.
For its part, Fujitsu plans to apply the know-how gained in building the new
system to its EMS solutions business. Fujitsu will also continue to leverage
ICT to provide a full range of support to the YKK Group's global quality and
environmental management initiatives.Jun 11, 2012Fujitsu Helps Tohoku Electric
Power Achieve Energy-efficient Datacenter Operations With Optical Fiber
Multipoint Temperature Sensing TechnologyFujitsu Limited implemented a
real-time temperature distribution visualization system within Tohoku Electric
Power Group's datacenter in collaboration with Tohoku Electric Power Co., Inc.
and Tohoku Information Systems Co., Inc. Using the results obtained from the
generated visualizations, the companies have completed a trial to optimize the
datacenter's air-conditioning power consumption.The ability to visualize
temperature distribution makes it possible to improve the efficiency of the
datacenter's air conditioning, thereby reducing annual power consumption by an
anticipated 20%, equivalent to 350,000kWh, or 120 tons of CO2 emissions
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Helpful |
Harmful |
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Internal Origin |
Strengths |
Weaknesses |
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External Origin |
Opportunities |
Threats |
Overview
Fujitsu Limited (Fujitsu) 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. Diversified business operations, and market leadership position offers a competitive advantage. The company also benefits from its focus on research and development. Though the company has a risk associated with competition and government regulations, its increasing spending on infrastructure and strategic alliances ensure its top line.
Strengths
Focus on Research and
Development
The company’s focus on research and development enables it to create new values for its customers and contribute to the creation of networked society. The company aims to create and accumulate advanced technologies, extend its value chain globally and foster the creation of new businesses. Its R&D of advanced technologies include technologies for next-generation services, computer servers and networks, as well as various electronic devices and advanced materials which serve as build¬ing blocks for its products. Its major advancements include technology for spatiotemporal data processing to quickly and precisely search areas of interest, development of distributed parallel complex event processing technology that rapidly adjusts big data load fluctuations, prototype of world’s first next-generation server simultaneously delivering high performance and flexibility. It also involved in the development of anti-distortion technology to cut power used by compensation circuits in ultrafast optical fiber transmission systems. K computer jointly developed by RIKEN (Japan’s flagship research institute devoted to basic and applied research) took the No. 1 position on the TOP500 List1 announced in November 2011 for the second consecutive time, having previously been identified as the world’s highest performing supercomputer in June 2011.
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 has market share of 13.1% and 3% in Japan and globally respectively in IT services market. 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. In the Outsourcing services business, Fujitsu is ranked No. 1 in Japan, and is the third largest service provider in the world. The company offers outsourcing services through network of 100 datacenters in 16 countries worldwide, mainly in Japan and Europe. As of March 31, 2012, Fujitsu had bond ratings (long-term/short-term) of A3 (long-term) from Moody’s, A– (long-term) from S&P, and A+ (long-term) and a-1 (short-term) from R&I. Such market position of the company as an end to end solution provider increases its brand image and offers a competitive advantage over its peers.
Diversified
Business Operations
Fujitsu has diversified its operations with its presence in a number of industries and markets. The company operates through three segments, namely, Technology Solutions, Ubiquitous Product Solutions, and Device Solutions. 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. This 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 provides car audio and navigation systems, mobile communication equipment and automotive electronic equipment. For the fiscal year ended 2012, the company’s Technology Solutions segment contributed 62.79% of sales, followed by Ubiquitous Product Solutions segment with 24.7% and Device Solutions with 12.51% of sales.
Weaknesses
Decline in
Profitability
Fujitsu reported weak profit margins for the fiscal year ended 2012, reflecting its inability to fulfill operational and business expansion needs. For the fiscal year ended 2012, the company reported revenues of JPY4,467,574m, a decrease of 1.34% from 2011. Its operating profit declined drastically to JPY77,823m during the fiscal year 2012, a decrease of 29.08% from 2011. The net profit of the company was JPY42,707m during the fiscal year 2012, a decrease of 22.48% from 2011. The decrease in the operating and net profit affected the company’s profitability. The company's operating margin was 1.74% for the fiscal year 2012. 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. The operating margin has decreased 68 bps over 2011 which may indicate management's low focus on profitability. For the fiscal year ended 2012, the company’s return on equity reduced to 5.08%, as compared to 6.71% for fiscal 2011. Its return on capital employed, assets and fixed assets decreased to 5.09 (7.24% in 2011), 1.45% (1.82% in 2011) and 6.26% (8.68% in 2011) in fiscal 2012 respectively. Drastically declining profitability ratios indicate that the company has been underperforming and is not able to deliver the value as expected by its shareholders.
Opportunities
Positive outlook for
Semiconductor Market
Positive outlook for the $233.2 billion semiconductor market could provide greater opportunities for the company. According to a Future Horizons report, the market for semiconductors is projected to reach $385.2 billion by 2014 from $233.2 billion in 2010, at a compound annual growth rate (CAGR) of 13.4%. Sale of PCs in the developing countries is expected to be higher than their replacement sales in the saturated markets of North America and Western Europe. In the future, the demand for semiconductors is expected to be high from the automotive industry, as an average vehicle will have more semiconductor components with the addition of devices such as automatic braking systems, accident avoidance systems and entertainment systems. Next generation vehicles, anticipated to be introduced in 2011, will have 3D displays, virtual reality and sensory feedback, among others, pushing up the demand for semiconductors. Acceptance of HD video for better viewing experience and convergence will continue to propel the market for semiconductors. With the continuing expansion of mobile phone market in developing countries, coupled with the possible emergence of new mobile phone architecture that could handle different radio protocols, the demand for semiconductors will continue to be high in the future. Besides, commoditization is expected to lead to application standard products over custom chips, which may result in lower end user prices. Even heart monitoring systems, insulin analysis and pollen count indicators may drive the demand.
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 growth opportunity for the company by diversifying its product lines and reaching out to wider geographic locations. In June 2012, the company collaborated with YKK Corporation in developing a Factory Energy Management System (FEMS) for YKK. The new FEMS enables visualization of energy consumption by attaching power sensors to each piece of production equipment, such as the melting furnace, and collecting real-time data from each sensor in one-minute increments. In the same period, Fujitsu Limited, Fujitsu Laboratories Limited, and Nagoya University began joint research on collecting and visualizing health information. This collaboration enables the company to improve health management and to assist the prevention of illnesses in future. In April 2012, the company entered into a reseller agreement with MasterControl Inc., a global provider of quality management software (QMS) solutions, in order to strengthen its capabilities as a solutions provider in the life sciences field. According to this, the company offers all of MasterControl's eight products to global manufacturers of pharmaceuticals and healthcare devices, while commencing consulting and installation support services related to QMS. Both the companies focus on strengthening their alliance and develop functions to integrate both companies' solutions. In March 2012, Sybase Australia, an SAP company, signed a partnership agreement with Fujitsu Australia and New Zealand for enterprise managed mobility solutions. The company hosts mobile solutions powered by Sybase Managed Mobility technologies and offer them on a software-as-a-service (SaaS) and platform-as-a-service (PaaS) basis to customers in the Australian and New Zealand marketplace. Such partnerships with the industry leading players would enhance the company’s brand image, simultaneously contributing to its revenue growth.
New Contracts Secured
New contracts secured by the company offer new potential for growth by providing source of revenue. In September 2012, the company was awarded a a $10M contract by the Western Australia Department for Child Protection (DCP) for the support of its mission-critical PeopleSoft CRM system. This contract is significant for its western Australia operation and builds its long-standing relationship with the department. In August 2012, the company signed a five-year IT infrastructure and applications services agreement with Perpetual Limited. The strategic partnership allows Perpetual to leverage Fujitsu’s proven best practices to modernize its IT infrastructure and applications. In the same period, the company signed a major information technology services contract with BC Hydro. According to this contract, Fujitsu provides application support, enhancement and development technology services for a portfolio of business and geographic information systems related to BC Hydro's Energy Operations as well as a number of enterprise and legacy applications. In April 2012, CityFibre, a leading fibre optic infrastructure firm announced an engineering agreement with the company to progress its plans deploy gigabit capable, pure fibre infrastructure throughout the UK’s second tier cities. According to the agreement, the company is responsible for the key elements of planning, building and operating CityFibre’s carrier-grade next-generation fibre infrastructure. In March 2012, a consortium consisting of Daiwa Institute of Research Ltd., NTT DATA Corporation and Fujitsu were awarded the contract to conduct a study on modernizing Myanmar's financial information and communication technology (ICT) systems by the Japan International Cooperation Agency.
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 $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.
Threats
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.
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.
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.
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.
|
Corporate Family |
Corporate
Structure News: |
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FUJITSU
LIMITED |
|
FUJITSU LIMITED |
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|
Company
Name |
Company
Type |
Location |
Country |
Industry |
Sales |
Employees |
|
|
Parent |
Minato-Ku |
Japan |
Computer System Design Services |
52,810.7 |
168,733 |
|
|
|
Asset/product
line purchase by Spansion Inc. pending.See corporate
structure news on
FUJITSU LIMITED for details |
|||||||
|
Subsidiary |
London |
United Kingdom |
Publishing |
3,987.9 |
16,260 |
|
|
|
Subsidiary |
Wakefield |
United Kingdom |
Publishing |
2,596.7 |
10,350 |
|
|
|
UK Branch/Trading address |
Warwick |
United Kingdom |
Computer System Design Services |
2,596.7 |
175 |
|
|
|
Subsidiary |
London |
United Kingdom |
Computer System Design Services |
124.9 |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Computer System Design Services |
0.8 |
|
|
|
|
Subsidiary |
London |
United Kingdom |
Computer System Design Services |
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
Pensions and Funds |
|
|
|
|
|
Subsidiary |
Slough |
United Kingdom |
Nonclassifiable Establishments |
|
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Establishments |
|
|
|
|
|
Subsidiary |
Crewe |
United Kingdom |
Nonclassifiable Establishments |
|
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Establishments |
|
|
|
|
|
Subsidiary |
|
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Establishments |
|
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Establishments |
|
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Establishments |
|
|
|
|
|
Subsidiary |
Manchester |
United Kingdom |
Nonclassifiable Establishments |
|
|
|
|
|
Subsidiary |
|
United Kingdom |
Life and Health Insurance |
|
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Establishments |
|
|
|
|
|
Subsidiary |
|
United Kingdom |
Insurance Agents |
|
|
|
|
|
Subsidiary |
|
United Kingdom |
Nonclassifiable Establishments |
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
Insurance Agents |
|
|
|
|
|
Subsidiary |
Barataria |
Trinidad and Tobago |
Computer Programming |
|
84 |
|
|
|
Subsidiary |
Paris |
France |
Miscellaneous Wholesale |
27.7 |
4 |
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Establishments |
|
|
|
|
|
Subsidiary |
Maarssen, Utrecht |
Netherlands |
Securities |
|
|
|
|
|
Subsidiary |
Kista, Stockholm |
Sweden |
Holding Companies |
|
|
|
|
|
Subsidiary |
|
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
|
Subsidiary |
|
United Kingdom |
Holding Companies |
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
|
|
|
|
|
Subsidiary |
Kawasaki |
Japan |
Computer, Office Equipment and Software Merchant
Wholesalers |
|
10,000 |
|
|
|
Subsidiary |
Hayes |
United Kingdom |
Research and Development Services |
9.7 |
44 |
|
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Research and Development Services |
|
|
|
|
|
Subsidiary |
Minato-Ku |
Japan |
Electrical Equipment and Appliances Manufacturing |
886.4 |
5,922 |
|
|
|
Subsidiary |
Xiamen, Fujian |
China |
Electrical Equipment and Appliances Manufacturing |
|
1,623 |
|
|
|
Subsidiary |
Xiamen, Fujian |
China |
Semiconductor and Other Electronic Component Manufacturing |
|
1,500 |
|
|
|
Subsidiary |
Katunayaka, Western Province |
Sri Lanka |
Semiconductor and Other Electronic Component Manufacturing |
|
1,100 |
|
|
|
Subsidiary |
Bekasi, West Java |
Indonesia |
Electrical Equipment and Appliances Manufacturing |
|
864 |
|
|
|
Subsidiary |
Suzhou, Jiangsu |
China |
Semiconductor and Other Electronic Component Manufacturing |
84.4 |
500 |
|
|
|
Subsidiary |
Takasaki, Gunma |
Japan |
Electrical Equipment and Appliances Manufacturing |
|
462 |
|
|
|
Subsidiary |
Taoyuan |
Taiwan |
Electrical Equipment and Appliances Manufacturing |
|
358 |
|
|
|
Subsidiary |
Tottori |
Japan |
Electrical Equipment and Appliances Manufacturing |
|
331 |
|
|
|
Subsidiary |
Kosai, Shizuoka |
Japan |
Electrical Equipment and Appliances Manufacturing |
|
202 |
|
|
|
Subsidiary |
Hamamatsu, Shizuoka |
Japan |
Machinery and Equipment Manufacturing |
|
73 |
|
|
|
Subsidiary |
Kosai, Shizuoka |
Japan |
Pensions and Funds |
|
23 |
|
|
|
Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Electronics Wholesale |
76.5 |
17 |
|
|
|
Unit |
Kaizu, Gifu |
Japan |
Metals and Minerals Wholesale |
|
16 |
|
|
|
Subsidiary |
Kosai, Shizuoka |
Japan |
Waste Management |
|
13 |
|
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Electronics Wholesale |
85.5 |
12 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Electronics Wholesale |
|
11 |
|
|
|
Subsidiary |
Tsim Tsa Tsui, Kowloon |
Hong Kong |
Electronics Wholesale |
|
11 |
|
|
|
Subsidiary |
Taipei |
Taiwan |
Electronics Wholesale |
|
3 |
|
|
|
Subsidiary |
Kaizu, Gifu |
Japan |
Waste Management |
1.2 |
|
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Electronics Wholesale |
|
|
|
|
|
Facility |
Yamaguchi |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Facility |
Kosai, Shizuoka |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Subsidiary |
Kawasaki-Shi |
Japan |
Motor Vehicle Parts Manufacturing |
2,521.0 |
5,606 |
|
|
|
Subsidiary |
Shanghai, Shanghai |
China |
Motor Vehicle Parts Manufacturing |
571.9 |
2,000 |
|
|
|
Subsidiary |
Wuxi, Jiangsu |
China |
Motor Vehicle Parts Manufacturing |
111.5 |
500 |
|
|
|
Subsidiary |
Si Racha, Chon Buri |
Thailand |
Motor Vehicle Parts Manufacturing |
|
400 |
|
|
|
Subsidiary |
Ichinoseki, Iwate |
Japan |
Audio and Video Equipment Manufacturing |
151.5 |
240 |
|
|
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Employment Services |
12.4 |
225 |
|
|
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Employment Services |
7.0 |
90 |
|
|
|
Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Construction and Hardware Materials Wholesale |
251.3 |
35 |
|
|
|
Subsidiary |
Sao Paulo, Sao Paulo |
Brazil |
Construction and Hardware Materials Wholesale |
|
23 |
|
|
|
Subsidiary |
Taichung City |
Taiwan |
Construction and Hardware Materials Wholesale |
|
20 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Professional and Commercial Equipment Wholesale |
91.3 |
14 |
|
|
|
Subsidiary |
Dubai, Dubai |
United Arab Emirates |
Electronics Wholesale |
|
10 |
|
|
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Grocery Stores |
2.3 |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Professional Services |
28,806.0 |
4,993 |
|
|
|
Subsidiary |
Nagano-Shi |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
1,533.6 |
4,980 |
|
|
|
Facility |
Nagano |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
|
600 |
|
|
|
Subsidiary |
Shah Alam, Selangor Darul Ehsan |
Malaysia |
Semiconductor and Other Electronic Component Manufacturing |
51.4 |
458 |
|
|
|
Subsidiary |
Suncheon, Jollanam-do |
Korea, Republic of |
Metal Products Manufacturing |
|
210 |
|
|
|
Subsidiary |
San Jose, CA |
United States |
Semiconductor and Other Electronic Component Manufacturing |
|
42 |
|
|
|
Branch |
Tempe, AZ |
United States |
Semiconductor and Other Electronic Component Manufacturing |
4.9 |
10 |
|
|
|
Subsidiary |
Wuxi, Jiangsu |
China |
Semiconductor and Other Electronic Component Manufacturing |
7.0 |
30 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Electronics Wholesale |
65.8 |
9 |
|
|
|
Subsidiary |
Shanghai |
China |
Electronics Wholesale |
|
6 |
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Electronics Wholesale |
|
5 |
|
|
|
Subsidiary |
Taipei |
Taiwan |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Subsidiary |
Nagano |
Japan |
Miscellaneous Chemical Manufacturing |
|
|
|
|
|
Facility |
Agano, Niigata |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Facility |
Myoko, Niigata |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Facility |
Nakano, Nagano |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Subsidiary |
Nagano |
Japan |
Non-Metallic Mineral Product Manufacturing |
|
|
|
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Computer and Peripheral Equipment Manufacturing |
|
4,700 |
|
|
|
Subsidiary |
Edison, NJ |
United States |
Consulting Services |
217.8 |
3,300 |
|
|
|
Subsidiary |
Schaumburg, IL |
United States |
Computer System Design Services |
16.4 |
200 |
|
|
|
Subsidiary |
Amsterdam, Noord-Holland |
Netherlands |
Holding Companies |
|
|
|
|
|
Branch |
Milwaukee, WI |
United States |
Computer System Design Services |
|
145 |
|
|
|
Branch |
Burlington, MA |
United States |
Consulting Services |
4.9 |
110 |
|
|
|
Branch |
Greenwood Village, CO |
United States |
Consulting Services |
|
100 |
|
|
|
Subsidiary |
Pittsburgh, PA |
United States |
Consulting Services |
3.5 |
70 |
|
|
|
Subsidiary |
Montreal, QC |
Canada |
Computer Programming |
|
60 |
|
|
|
Branch |
Minnetonka, MN |
United States |
Computer Programming |
|
4 |
|
|
|
Branch |
Richardson, TX |
United States |
Computer Programming |
129.2 |
601 |
|
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Computer, Office Equipment and Software Merchant
Wholesalers |
1,300.0 |
350 |
|
|
|
Fujitsu
Computer Products of America - Research & Development |
Division |
Hillsboro, OR |
United States |
Computer, Office Equipment and Software Merchant
Wholesalers |
|
36 |
|
|
Branch |
Yorba Linda, CA |
United States |
Electronics and Appliances Stores |
1.9 |
7 |
|
|
|
Branch |
Dunwoody, GA |
United States |
Electronics and Appliances Stores |
0.7 |
3 |
|
|
|
Branch |
Dublin, OH |
United States |
Electronics and Appliances Stores |
0.7 |
3 |
|
|
|
Branch |
Winter Park, FL |
United States |
Electronics and Appliances Stores |
0.3 |
1 |
|
|
|
Subsidiary |
Richardson, TX |
United States |
Communications Equipment Manufacturing |
2,100.0 |
200 |
|
|
|
Branch |
Shawnee Mission, KS |
United States |
Miscellaneous Telecommunication Services |
6.4 |
12 |
|
|
|
Branch |
Highlands Ranch, CO |
United States |
Wired Telecommunications Carriers |
3.0 |
8 |
|
|
|
Branch |
Honolulu, HI |
United States |
Computer, Office Equipment and Software Merchant
Wholesalers |
9.9 |
6 |
|
|
|
Branch |
Pittsburgh, PA |
United States |
Miscellaneous Telecommunication Services |
2.3 |
4 |
|
|
|
Branch |
Exton, PA |
United States |
Miscellaneous Telecommunication Services |
2.3 |
4 |
|
|
|
Branch |
Camas, WA |
United States |
Miscellaneous Telecommunication Services |
1.9 |
3 |
|
|
|
Branch |
Garden City, NY |
United States |
Business Support Services |
0.6 |
3 |
|
|
|
Branch |
Cincinnati, OH |
United States |
Telecommunications Resellers |
0.7 |
2 |
|
|
|
Branch |
San Ramon, CA |
United States |
Electronics Wholesale |
2.6 |
1 |
|
|
|
Branch |
Kansas City, MO |
United States |
Miscellaneous Telecommunication Services |
0.5 |
1 |
|
|
|
Facility |
Richardson, TX |
United States |
Machinery and Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Semiconductor and Other Electronic Component Manufacturing |
|
200 |
|
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Research and Development Services |
|
90 |
|
|
|
Division |
Sunnyvale, CA |
United States |
Computer and Peripheral Equipment Manufacturing |
|
|
|
|
|
Branch |
Palm Bay, FL |
United States |
Electrical Equipment and Appliances Manufacturing |
42.5 |
150 |
|
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Computer and Peripheral Equipment Manufacturing |
|
150 |
|
|
|
Branch |
Memphis, TN |
United States |
Electronics and Appliances Stores |
1.4 |
6 |
|
|
|
Branch |
Parsippany, NJ |
United States |
Electronics and Appliances Stores |
1.1 |
4 |
|
|
|
Branch |
Bethesda, MD |
United States |
Electronics and Appliances Stores |
1.0 |
4 |
|
|
|
Branch |
Mt Arlington, NJ |
United States |
Electronics and Appliances Stores |
0.8 |
3 |
|
|
|
Branch |
Oak Brook, IL |
United States |
Electronics and Appliances Stores |
0.8 |
3 |
|
|
|
Branch |
Lake Mary, FL |
United States |
Electronics and Appliances Stores |
0.8 |
3 |
|
|
|
Branch |
Fair Haven, NJ |
United States |
Electronics and Appliances Stores |
0.3 |
1 |
|
|
|
Branch |
Tulsa, OK |
United States |
Computer and Office Machine Repair and Maintenance |
0.2 |
1 |
|
|
|
Subsidiary |
Torrance, CA |
United States |
Electronics Wholesale |
|
120 |
|
|
|
Subsidiary |
Torrance, CA |
United States |
Electronics Wholesale |
|
150 |
|
|
|
Subsidiary |
Torrance, CA |
United States |
Electronics Wholesale |
|
30 |
|
|
|
Branch |
Mcallen, TX |
United States |
Advertising Services |
4.5 |
17 |
|
|
|
Branch |
Ann Arbor, MI |
United States |
Research and Development Services |
|
8 |
|
|
|
Subsidiary |
Toronto, ON |
Canada |
Electronics Wholesale |
18.6 |
7 |
|
|
|
Branch |
East Brunswick, NJ |
United States |
Computer Programming |
1.0 |
5 |
|
|
|
Subsidiary |
El Segundo, CA |
United States |
Computer Programming |
55.0 |
100 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Software |
0.7 |
7 |
|
|
|
Subsidiary |
Luton |
United Kingdom |
Computer System Design Services |
1.4 |
4 |
|
|
|
Subsidiary |
Eindhoven, Noord-Brabant |
Netherlands |
Computer, Office Equipment and Software Merchant
Wholesalers |
|
|
|
|
|
Branch |
Greenwood Vlg, CO |
United States |
Professional and Commercial Equipment Wholesale |
174.1 |
75 |
|
|
|
Subsidiary |
Fairfield, NJ |
United States |
Motor Vehicle Parts Manufacturing |
80.0 |
50 |
|
|
|
Subsidiary |
Plattsburgh, NY |
United States |
Miscellaneous Educational Services |
3.1 |
40 |
|
|
|
Branch |
Irvine, CA |
United States |
Computer Programming |
5.0 |
25 |
|
|
|
Branch |
Bellevue, WA |
United States |
Computer Programming |
2.4 |
12 |
|
|
|
Branch |
Portland, OR |
United States |
Consulting Services |
1.9 |
12 |
|
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Electronics and Appliances Stores |
|
10 |
|
|
|
Branch |
Hopkins, MN |
United States |
Electronics and Appliances Stores |
1.9 |
8 |
|
|
|
Branch |
Tulsa, OK |
United States |
Computer, Office Equipment and Software Merchant Wholesalers |
8.4 |
5 |
|
|
|
Branch |
Teterboro, NJ |
United States |
Paper Wholesale |
7.8 |
5 |
|
|
|
Branch |
New York, NY |
United States |
Electronics and Appliances Stores |
1.3 |
5 |
|
|
|
Branch |
Washington, DC |
United States |
Advertising Services |
1.6 |
4 |
|
|
|
Branch |
Houston, TX |
United States |
Electronics and Appliances Stores |
1.1 |
4 |
|
|
|
Branch |
Aiea, HI |
United States |
Computer System Design Services |
0.9 |
4 |
|
|
|
Subsidiary |
Foothill Ranch, CA |
United States |
Computer, Office Equipment and Software Merchant
Wholesalers |
|
4 |
|
|
|
Subsidiary |
New York, NY |
United States |
Computer System Design Services |
0.9 |
3 |
|
|
|
Branch |
Jacksonville, FL |
United States |
Electronics and Appliances Stores |
0.5 |
2 |
|
|
|
Branch |
Tampa, FL |
United States |
Consulting Services |
0.4 |
2 |
|
|
|
Branch |
Gilbert, SC |
United States |
Computer System Design Services |
0.2 |
1 |
|
|
|
Branch |
Fairfield, CT |
United States |
Consulting Services |
0.2 |
1 |
|
|
|
Subsidiary |
Noida, Uttar Pradesh |
India |
Computer System Design Services |
36.9 |
|
|
|
|
Branch |
Florence, KY |
United States |
Consulting Services |
|
|
|
|
|
Fujitsu
Business Communication Systems, Inc.-Sales & Marketing |
Subsidiary |
Phoenix, AZ |
United States |
Computer and Peripheral Equipment Manufacturing |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
|
4,369 |
|
|
|
Subsidiary |
Langen (Hessen), Hessen |
Germany |
Semiconductor and Other Electronic Component Manufacturing |
249.0 |
350 |
|
|
|
Subsidiary |
Aizuwakamatsu, Fukushima |
Japan |
Miscellaneous Chemical Manufacturing |
154.6 |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Architecture and Engineering |
107.7 |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Computer Programming |
68.4 |
|
|
|
|
Subsidiary |
Tempe, AZ |
United States |
Communications Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Nantong |
China |
Machinery and Equipment Manufacturing |
257.0 |
4,101 |
|
|
|
Subsidiary |
Kobe |
Japan |
Motor Vehicle Parts Manufacturing |
3,245.8 |
3,836 |
|
|
|
Subsidiary |
Bangkok |
Thailand |
Motor Vehicle Parts Manufacturing |
|
600 |
|
|
|
Facility |
Rayong |
Thailand |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Malaga |
Spain |
Motor Vehicle Parts Manufacturing |
95.0 |
330 |
|
|
|
Subsidiary |
Kobe, Hyogo |
Japan |
Employment Services |
|
300 |
|
|
|
Subsidiary |
Oyama, Tochigi |
Japan |
Communications Equipment Manufacturing |
188.7 |
279 |
|
|
|
Subsidiary |
Tianjin |
China |
Motor Vehicle Wholesale |
|
130 |
|
|
|
Subsidiary |
Düsseldorf, Nordrhein-Westfalen |
Germany |
Electronics Wholesale |
182.6 |
89 |
|
|
|
Subsidiary |
Port Melbourne, VIC |
Australia |
Electronics Wholesale |
8.3 |
34 |
|
|
|
Subsidiary |
Tianjin |
China |
Miscellaneous Professional Services |
|
30 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Electronics Wholesale |
89.2 |
26 |
|
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Wholesale |
0.8 |
3 |
|
|
|
Subsidiary |
Bela Vista, Sao Paulo |
Brazil |
Motor Vehicle Wholesale |
|
2 |
|
|
|
Subsidiary |
Reynosa, Tamaulipas |
Mexico |
Audio and Video Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Kobe, Hyogo |
Japan |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Kobe, Hyogo |
Japan |
Electronics Wholesale |
|
|
|
|
|
Subsidiary |
Pasig, - - |
Philippines |
Nonclassifiable Establishments |
|
|
|
|
|
Subsidiary |
Wuxi, Jiangsu |
China |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Nishinomiya, Hyogo |
Japan |
Motor Vehicle Wholesale |
|
|
|
|
|
Subsidiary |
Kobe |
Japan |
Computer Programming |
|
|
|
|
|
Subsidiary |
Gurgaon, Haryana |
India |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Electronics Wholesale |
|
|
|
|
|
Subsidiary |
Kobe, Hyogo |
Japan |
Motor Vehicle Repair and Maintenance |
|
|
|
|
|
Subsidiary |
Kobe, Hyogo |
Japan |
Miscellaneous Professional Services |
|
|
|
|
|
Subsidiary |
Kobe, Hyogo |
Japan |
Synthetic Chemical Manufacturing |
|
|
|
|
|
Subsidiary |
Tianjin |
China |
Computer Programming |
|
|
|
|
|
Facility |
Nakatsugawa, Gifu |
Japan |
Motor Vehicle Parts Manufacturing |
|
|
|
|
|
Subsidiary |
Tianjin |
China |
Audio and Video Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Electronics Wholesale |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Computer, Office Equipment and Software Merchant
Wholesalers |
1,775.1 |
3,754 |
|
|
|
Subsidiary |
Bunkyo-Ku, Tokyo |
Japan |
Software |
1.9 |
|
|
|
|
Branch |
Toyota, Aichi |
Japan |
Computer Programming |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Computer, Office Equipment and Software Merchant
Wholesalers |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Employment Services |
|
|
|
|
|
Subsidiary |
Inagi-Shi |
Japan |
Computer and Peripheral Equipment Manufacturing |
1,211.5 |
3,553 |
|
|
|
Facility |
Tsubame, Niigata-ken |
Japan |
Machinery and Equipment Manufacturing |
|
500 |
|
|
|
Subsidiary |
Maebashi, Gunma |
Japan |
Computer Programming |
|
260 |
|
|
|
Subsidiary |
Foothill Ranch, CA |
United States |
Machinery and Equipment Manufacturing |
|
256 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Amusement and Recreation |
|
127 |
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Appliance Repair and Maintenance |
16.0 |
137 |
|
|
|
Subsidiary |
Inagi, Tokyo |
Japan |
Food Manufacturing |
6.5 |
97 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Administration of Public Programs |
|
87 |
|
|
|
Subsidiary |
Shanghai |
China |
Machinery and Equipment Manufacturing |
|
55 |
|
|
|
Subsidiary |
Montreal, QC |
Canada |
Computer Programming |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Computer System Design Services |
190.3 |
3,400 |
|
|
|
Subsidiary |
Shinagawa-Ku |
Japan |
Computer and Peripheral Equipment Manufacturing |
476.8 |
3,237 |
|
|
|
Subsidiary |
Changzhou, Jiangsu |
China |
Electrical Equipment and Appliances Manufacturing |
|
900 |
|
|
|
Subsidiary |
Iyama, Nagano |
Japan |
Computer and Peripheral Equipment Manufacturing |
212.6 |
500 |
|
|
|
Subsidiary |
Hoofddorp |
Netherlands |
Electronics Wholesale |
79.4 |
35 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Electrical Equipment and Appliances Manufacturing |
66.1 |
23 |
|
|
|
Subsidiary |
Shanghai, Shanghai |
China |
Electronics Wholesale |
37.6 |
20 |
|
|
|
Subsidiary |
Nichinan, Miyazaki |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
93.3 |
|
|
|
|
Subsidiary |
Saku, Nagano |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
40.1 |
|
|
|
|
Subsidiary |
Shinagawa-Ku, Tokyo |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Subsidiary |
Helsinki |
Finland |
Computer System Design Services |
511.2 |
2,900 |
|
|
|
Subsidiary |
Helsinki |
Finland |
Computer and Office Machine Repair and Maintenance |
70.7 |
532 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Professional Services |
|
2,670 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Miscellaneous Professional Services |
|
155 |
|
|
|
Subsidiary |
Hanoi |
Viet Nam |
Computer and Peripheral Equipment Manufacturing |
|
2,283 |
|
|
|
Subsidiary |
Minato-Ku |
Japan |
Software |
367.2 |
2,113 |
|
|
|
Subsidiary |
Beijing, Beijing |
China |
Software |
|
195 |
|
|
|
Affiliates |
Chonburi |
Thailand |
Motor Vehicle Parts Manufacturing |
|
1,700 |
|
|
|
Subsidiary |
Birmingham |
United Kingdom |
Miscellaneous Telecommunication Services |
271.4 |
1,555 |
|
|
|
Subsidiary |
Sintra |
Portugal |
Internet and Web Services |
34.8 |
100 |
|
|
|
Subsidiary |
Batu Pahat, Johor |
Malaysia |
Semiconductor and Other Electronic Component Manufacturing |
47.4 |
1,500 |
|
|
|
Subsidiary |
Neckarsulm, Baden-Württemberg |
Germany |
Computer Programming |
201.8 |
1,394 |
|
|
|
Subsidiary |
Chesterfield |
United Kingdom |
Data Processing |
|
|
|
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Consulting Services |
350.8 |
1,300 |
|
|
|
Subsidiary |
Nakahara-Ku |
Japan |
Computer System Design Services |
243.0 |
1,222 |
|
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Computer System Design Services |
|
1,100 |
|
|
|
Subsidiary |
Montréal, QC |
Canada |
Consulting Services |
|
2,400 |
|
|
|
Division |
Maarssen |
Netherlands |
Data Processing |
|
750 |
|
|
|
Division |
Asnieres |
France |
Computer and Peripheral Equipment Manufacturing |
|
150 |
|
|
|
Subsidiary |
Sydney, NSW |
Australia |
Computer and Peripheral Equipment Manufacturing |
|
110 |
|
|
|
Subsidiary |
Swords, County Dublin |
Ireland |
Electronics and Appliances Stores |
|
200 |
|
|
|
Subsidiary |
Regensdorf |
Switzerland |
Electronics and Appliances Stores |
|
180 |
|
|
|
Subsidiary |
Asnieres, Cedex |
France |
Electronics and Appliances Stores |
|
180 |
|
|
|
Subsidiary |
Toronto, ON |
Canada |
Computer System Design Services |
|
40 |
|
|
|
Subsidiary |
Montreal, QC |
Canada |
Computer System Design Services |
|
300 |
|
|
|
Subsidiary |
Montreal, QC |
Canada |
Consulting Services |
|
200 |
|
|
|
Subsidiary |
Basingstoke |
United Kingdom |
Computer and Peripheral Equipment Manufacturing |
|
30 |
|
|
|
Subsidiary |
Diegem |
Belgium |
Sporting Goods and Recreation Stores |
|
20 |
|
|
|
Subsidiary |
Milan |
Italy |
Electronics and Appliances Stores |
|
10 |
|
|
|
Subsidiary |
Lisbon |
Portugal |
Computer and Peripheral Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
North Sydney, NSW |
Australia |
Computer System Design Services |
883.7 |
1,000 |
|
|
|
Subsidiary |
Yokohama |
Japan |
Computer System Design Services |
225.5 |
994 |
|
|
|
Subsidiary |
Dublin |
Ireland |
Computer System Design Services |
|
800 |
|
|
|
Subsidiary |
Kista |
Sweden |
Computer, Office Equipment and Software Merchant
Wholesalers |
179.9 |
768 |
|
|
|
Subsidiary |
Shinjuku-Ku |
Japan |
Internet and Web Services |
956.9 |
711 |
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
|
600 |
|
|
|
Subsidiary |
Dalian |
China |
Computer Programming |
|
|
|
|
|
Joint Venture |
Maarssen |
Netherlands |
Computer, Office Equipment and Software Merchant
Wholesalers |
|
600 |
|
|
|
Subsidiary |
Kanagawa |
Japan |
Software |
|
590 |
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Computer Programming |
28.9 |
|
|
|
|
Subsidiary |
Metro Manila |
Philippines |
Computer and Peripheral Equipment Manufacturing |
33.8 |
580 |
|
|
|
Subsidiary |
Bristol |
United Kingdom |
Computer System Design Services |
|
|
|
|
|
Subsidiary |
Taguig |
Philippines |
Software |
|
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Computer System Design Services |
151.7 |
579 |
|
|
|
Subsidiary |
Binan, Laguna |
Philippines |
Computer and Peripheral Equipment Manufacturing |
|
527 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Electrical Equipment and Appliances Manufacturing |
|
500 |
|
|
|
Subsidiary |
Bangkok |
Thailand |
Computer System Design Services |
|
450 |
|
|
|
Joint Venture |
Maarssen |
Netherlands |
Investment Services |
200.7 |
414 |
|
|
|
Subsidiary |
Asnières-sur-Seine |
France |
Computer Programming |
217.7 |
532 |
|
|
|
Subsidiary |
Gurgaon, Haryana |
India |
Computer, Office Equipment and Software Merchant
Wholesalers |
7.7 |
|
|
|
|
Subsidiary |
Pune, Maharashtra |
India |
Computer System Design Services |
|
1,500 |
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Consulting Services |
92.9 |
400 |
|
|
|
Subsidiary |
Kawasaki |
Japan |
Communications Equipment Manufacturing |
|
400 |
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Computer Programming |
176.2 |
397 |
|
|
|
Subsidiary |
|
|
|
249.0 |
351 |
|
|
|
Joint Venture |
Bruxelles |
Belgium |
Computer, Office Equipment and Software Merchant
Wholesalers |
229.6 |
337 |
|
|
|
Subsidiary |
Aizuwakamatsu, Fukushima |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
188.7 |
300 |
|
|
|
Subsidiary |
Montreal, QC |
Canada |
Computer System Design Services |
|
300 |
|
|
|
Subsidiary |
Shanghai |
China |
Computer Programming |
16.6 |
270 |
|
|
|
Subsidiary |
Shanghai |
China |
Computer Programming |
|
250 |
|
|
|
Subsidiary |
Nantong, Jiangsu |
China |
Computer Programming |
|
|
|
|
|
Joint Venture |
Maarssen |
Netherlands |
Computer, Office Equipment and Software Merchant
Wholesalers |
5,860.3 |
250 |
|
|
|
Subsidiary |
Lisboa |
Portugal |
Computer System Design Services |
42.2 |
510 |
|
|
|
Dts -
Sociedade Açoreana De Desenvolvimento De Tecnologias E Serviços, S.A. |
Subsidiary |
Ponta Delgada, Ponta Delgada |
Portugal |
Electronics and Appliances Stores |
3.7 |
49 |
|
|
Subsidiary |
Warszawa |
Poland |
Computer, Office Equipment and Software Merchant
Wholesalers |
118.9 |
487 |
|
|
|
Subsidiary |
Vimodrone, MI |
Italy |
Computer, Office Equipment and Software Merchant
Wholesalers |
275.4 |
257 |
|
|
|
Subsidiary |
Wien |
Austria |
Computer, Office Equipment and Software Merchant
Wholesalers |
186.6 |
198 |
|
|
|
Subsidiary |
Regensdorf |
Switzerland |
Computer Programming |
|
58 |
|
|
|
Fujitsu
Technology Solutions Kereskedelmi és Szolgáltató Kft |
Subsidiary |
Budapest |
Hungary |
Computer, Office Equipment and Software Merchant
Wholesalers |
|
40 |
|
|
Subsidiary |
Wien, Wien |
Austria |
Computer Programming |
|
2 |
|
|
|
Subsidiary |
Berlin, Berlin |
Germany |
Computer, Office Equipment and Software Merchant
Wholesalers |
|
1 |
|
|
|
Subsidiary |
London |
United Kingdom |
Miscellaneous Professional Services |
0.0 |
|
|
|
|
Subsidiary |
Istanbul |
Turkey |
Computer and Peripheral Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Semiconductor and Other Electronic Component Manufacturing |
982.0 |
250 |
|
|
|
Branch |
Bloomington, MN |
United States |
Electronics and Appliances Stores |
3.2 |
14 |
|
|
|
Branch |
Livonia, MI |
United States |
Electronics and Appliances Stores |
3.2 |
14 |
|
|
|
Subsidiary |
Bracknell |
United Kingdom |
Computer and Peripheral Equipment Manufacturing |
288.0 |
223 |
|
|
|
Subsidiary |
München, Bayern |
Germany |
Computer, Office Equipment and Software Merchant
Wholesalers |
4,220.1 |
5,750 |
|
|
|
Subsidiary |
Dubai |
United Arab Emirates |
Computer Programming |
|
13,000 |
|
|
|
Subsidiary |
Pozuelo De Alarcon, Madrid |
Spain |
Computer System Design Services |
363.2 |
1,719 |
|
|
|
Subsidiary |
Frankfurt Am Main, Hessen |
Germany |
Research and Development Services |
189.9 |
559 |
|
|
|
Subsidiary |
Kista |
Sweden |
Computer System Design Services |
493.3 |
212 |
|
|
|
Subsidiary |
Prague |
Czech Republic |
Computer System Design Services |
|
120 |
|
|
|
Subsidiary |
Algiers |
Algeria |
Computer System Design Services |
|
20 |
|
|
|
Subsidiary |
Aachen, Nordrhein-Westfalen |
Germany |
Computer System Design Services |
|
20 |
|
|
|
Subsidiary |
Casablanca |
Morocco |
Computer System Design Services |
1.8 |
12 |
|
|
|
Subsidiary |
Novi Sad |
Serbia |
Computer System Design Services |
|
2 |
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Computer and Peripheral Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
München, Bayern |
Germany |
Miscellaneous Professional Services |
|
|
|
|
|
Branch |
Bad Homburg, Hessen |
Germany |
Computer and Peripheral Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Tashkent |
Uzbekistan |
Computer System Design Services |
|
|
|
|
|
Subsidiary |
Dublin |
Ireland |
Computer Programming |
|
|
|
|
|
Subsidiary |
Fujitsu |
Finland |
Computer System Design Services |
441.1 |
1,775 |
|
|
|
Subsidiary |
Helsinki |
Finland |
Computer System Design Services |
85.7 |
431 |
|
|
|
Subsidiary |
Helsinki |
Finland |
Consulting Services |
|
|
|
|
|
Subsidiary |
Co Dublin |
Ireland |
Computer System Design Services |
85.0 |
240 |
|
|
|
Subsidiary |
Agrate Brianza, Milano |
Italy |
Computer Programming |
|
|
|
|
|
Subsidiary |
Wellington |
New Zealand |
Computer and Peripheral Equipment Manufacturing |
28.3 |
220 |
|
|
|
Subsidiary |
Cyberjaya, Selangor |
Malaysia |
Electronics and Appliances Stores |
17.4 |
200 |
|
|
|
Subsidiary |
Vienna |
Austria |
Sporting Goods and Recreation Stores |
|
200 |
|
|
|
Subsidiary |
Tallinn |
Estonia |
Computer System Design Services |
|
170 |
|
|
|
Subsidiary |
Roissy Charles de Gaulle |
France |
Computer, Office Equipment and Software Merchant
Wholesalers |
166.7 |
150 |
|
|
|
Subsidiary |
Capellen |
Luxembourg |
Computer System Design Services |
|
130 |
|
|
|
Subsidiary |
Luxembourg |
Luxembourg |
Electronics and Appliances Stores |
|
80 |
|
|
|
Subsidiary |
Oslo |
Norway |
Computer and Peripheral Equipment Manufacturing |
|
60 |
|
|
|
Subsidiary |
French's Forest, NSW |
Australia |
Sporting Goods and Recreation Stores |
4.1 |
50 |
|
|
|
Subsidiary |
Dublin |
Ireland |
Computer, Office Equipment and Software Merchant
Wholesalers |
54.0 |
48 |
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Establishments |
|
|
|
|
|
Subsidiary |
Rivonia |
South Africa |
Computer and Peripheral Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
London |
United Kingdom |
Nonclassifiable Establishments |
|
|
|
|
|
Subsidiary |
Rivonia |
South Africa |
Computer System Design Services |
|
|
|
|
|
Subsidiary |
Lodz |
Poland |
Computer System Design Services |
|
|
|
|
|
Subsidiary |
Kumoji |
Japan |
Computer System Design Services |
|
223 |
|
|
|
Subsidiary |
Quarry Bay |
Hong Kong |
Computer System Design Services |
141.4 |
200 |
|
|
|
Subsidiary |
Akashi |
Japan |
Computer and Peripheral Equipment Manufacturing |
|
200 |
|
|
|
Subsidiary |
Edmonton, AB |
Canada |
Consulting Services |
57.4 |
180 |
|
|
|
Subsidiary |
Hillerup |
Denmark |
Computer, Office Equipment and Software Merchant
Wholesalers |
142.6 |
152 |
|
|
|
Subsidiary |
Chiyoda-Ku, Tokyo |
Japan |
Computer Programming |
22.0 |
130 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Electronics Wholesale |
451.9 |
115 |
|
|
|
Branch |
Bangalore, Karnataka |
India |
Consulting Services |
|
19 |
|
|
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Data Processing |
24.2 |
103 |
|
|
|
Subsidiary |
São Paulo, SP |
Brazil |
Commercial and Industrial Rental |
|
100 |
|
|
|
Subsidiary |
Meguro-Ku, Tokyo |
Japan |
Computer Programming |
273.5 |
80 |
|
|
|
Subsidiary |
Hanoi |
Viet Nam |
Computer System Design Services |
|
80 |
|
|
|
Joint Venture |
Oslo |
Norway |
Computer, Office Equipment and Software Merchant
Wholesalers |
54.3 |
72 |
|
|
|
Subsidiary |
Mississauga, ON |
Canada |
Computer and Peripheral Equipment Manufacturing |
79.0 |
60 |
|
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Electronics Wholesale |
|
40 |
|
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Semiconductor and Other Electronic Component Manufacturing |
|
15 |
|
|
|
Subsidiary |
Linz |
Austria |
Semiconductor and Other Electronic Component Manufacturing |
|
60 |
|
|
|
Subsidiary |
Athens |
Greece |
Computer System Design Services |
24.8 |
51 |
|
|
|
Subsidiary |
Maidenhead |
United Kingdom |
Semiconductor and Other Electronic Component Manufacturing |
|
50 |
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Electronics Wholesale |
|
50 |
|
|
|
Subsidiary |
München, Bayern |
Germany |
Computer, Office Equipment and Software Merchant Wholesalers |
99.9 |
35 |
|
|
|
Subsidiary |
Saint Michael |
Barbados |
Computer Programming |
|
30 |
|
|
|
Subsidiary |
Diegem |
Belgium |
Computer System Design Services |
24.1 |
25 |
|
|
|
Subsidiary |
München, Bayern |
Germany |
Computer Programming |
|
20 |
|
|
|
Joint Venture |
Carnaxide, Lisboa |
Portugal |
Computer, Office Equipment and Software Merchant
Wholesalers |
33.1 |
15 |
|
|
|
Subsidiary |
Abu Dhabi |
United Arab Emirates |
Computer and Office Machine Repair and Maintenance |
|
15 |
|
|
|
Subsidiary |
Bengaluru, Karnataka |
India |
Semiconductor and Other Electronic Component Manufacturing |
|
15 |
|
|
|
Subsidiary |
Les Ulis |
France |
Communications Equipment Manufacturing |
8.0 |
14 |
|
|
|
Subsidiary |
London |
United Kingdom |
Banking |
4.4 |
12 |
|
|
|
Subsidiary |
Paris, Paris |
France |
Publishing |
0.3 |
12 |
|
|
|
Recently
acquired (previously owned by Runmyprocess).See corporate
structure news on
FUJITSU LIMITED for details |
|||||||
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Electronics Wholesale |
2,282.7 |
|
|
|
|
Subsidiary |
North Ryde, NSW |
Australia |
Communications Equipment Manufacturing |
1,209.1 |
|
|
|
|
Dmr Consulting Pty Ltd |
Subsidiary |
|
|
|
|
|
|
|
Supply Chain Technologies Pty Ltd |
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
Shinjuku-Ku, Tokyo |
Japan |
Wired Telecommunications Carriers |
1,165.5 |
|
|
|
|
Subsidiary |
Ota-Ku, Tokyo |
Japan |
Wired Telecommunications Carriers |
9.3 |
32 |
|
|
|
Subsidiary |
Setagaya-Ku, Tokyo |
Japan |
Internet and Web Services |
|
29 |
|
|
|
Subsidiary |
Laguna |
Philippines |
Computer and Peripheral Equipment Manufacturing |
600.1 |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Computer Programming |
578.6 |
|
|
|
|
Subsidiary |
Nagoya, Aichi |
Japan |
Computer Programming |
5.3 |
110 |
|
|
|
Subsidiary |
Fukuoka, Fukuoka |
Japan |
Computer Programming |
483.9 |
|
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Computer Programming |
399.2 |
|
|
|
|
Subsidiary |
Takamatsu, Kagawa |
Japan |
Computer Programming |
79.5 |
|
|
|
|
Subsidiary |
Nagano, Nagano |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
286.1 |
|
|
|
|
Subsidiary |
Santa Rosa City |
Philippines |
Audio and Video Equipment Manufacturing |
255.7 |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Electronics Wholesale |
253.5 |
|
|
|
|
Subsidiary |
Kanazawa, Ishikawa |
Japan |
Computer Programming |
211.2 |
|
|
|
|
Subsidiary |
Oyama, Tochigi |
Japan |
Computer Programming |
208.1 |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Electrical Equipment and Appliances Manufacturing |
201.1 |
|
|
|
|
Subsidiary |
Sha Tin |
Hong Kong |
Computer and Peripheral Equipment Manufacturing |
200.0 |
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Computer, Office Equipment and Software Merchant
Wholesalers |
|
50 |
|
|
|
Subsidiary |
Silverwater, NSW |
Australia |
Computer, Office Equipment and Software Merchant
Wholesalers |
|
7 |
|
|
|
Subsidiary |
Suzhou, Jiangsu |
China |
Motor Vehicle Repair and Maintenance |
11.8 |
|
|
|
|
Subsidiary |
Foshan, Guangdong |
China |
Computer Programming |
|
|
|
|
|
Subsidiary |
Osaka, Osaka |
Japan |
Computer Programming |
189.3 |
|
|
|
|
Subsidiary |
Minami Alps, Yamanashi |
Japan |
Communications Equipment Manufacturing |
180.6 |
|
|
|
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Industrial Machinery Repair and Maintenance |
129.6 |
|
|
|
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Building and Dwelling Services |
111.2 |
|
|
|
|
Subsidiary |
Kasugai, Aichi |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
100.9 |
|
|
|
|
Subsidiary |
Minato-Ku, Tokyo |
Japan |
Miscellaneous Professional Services |
97.6 |
|
|
|
|
Subsidiary |
Toyama, Toyama |
Japan |
Software |
94.5 |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Rubber and Plastic Product Manufacturing |
93.4 |
|
|
|
|
Subsidiary |
Kumagaya, Saitama |
Japan |
Communications Equipment Manufacturing |
71.0 |
|
|
|
|
Subsidiary |
Kumagaya, Saitama |
Japan |
Communications Equipment Manufacturing |
23.9 |
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Electronics and Appliances Stores |
69.5 |
|
|
|
|
Subsidiary |
Kagoshima, Kagoshima |
Japan |
Computer Programming |
68.5 |
|
|
|
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Printing |
59.6 |
|
|
|
|
Subsidiary |
Kobe, Hyogo |
Japan |
Computer Programming |
58.7 |
|
|
|
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Restaurants and Bars |
53.6 |
|
|
|
|
Subsidiary |
Niigata, Niigata |
Japan |
Computer Programming |
53.2 |
|
|
|
|
Subsidiary |
Ota-Ku, Tokyo |
Japan |
Computer Programming |
50.8 |
|
|
|
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Miscellaneous Professional Services |
42.8 |
|
|
|
|
Subsidiary |
Chiba, Chiba |
Japan |
Miscellaneous Professional Services |
42.7 |
|
|
|
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Performing Arts |
41.1 |
|
|
|
|
Subsidiary |
Otsu, Shiga |
Japan |
Computer Programming |
39.3 |
|
|
|
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Computer Programming |
38.2 |
|
|
|
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Building and Dwelling Services |
34.2 |
|
|
|
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Wireless Telecommunications Carriers |
26.6 |
|
|
|
|
Subsidiary |
Tijuana, Baja California |
Mexico |
Computer Programming |
0.9 |
|
|
|
|
Subsidiary |
Sunnyvale, CA |
United States |
Computer Programming |
|
|
|
|
|
Subsidiary |
Hook |
United Kingdom |
Holding Companies |
|
|
|
|
|
Subsidiary |
Rivonia |
South Africa |
Computer, Office Equipment and Software Merchant
Wholesalers |
|
|
|
|
|
Subsidiary |
Taipei |
Taiwan |
Electronics Wholesale |
|
|
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Computer System Design Services |
|
|
|
|
|
Subsidiary |
Seoul, Seoul |
Korea, Republic of |
Computer Programming |
7.6 |
64 |
|
|
|
Subsidiary |
Beijing |
China |
Computer Programming |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Computer and Peripheral Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
|
|
|
|
|
|
|
|
Subsidiary |
Jakarta, Jakarta |
Indonesia |
Computer Programming |
|
|
|
|
|
Subsidiary |
Fuzhou, Fujian |
China |
Computer Programming |
|
|
|
|
|
Subsidiary |
Fukushima, Fukushima |
Japan |
Computer and Peripheral Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Yokohama |
Japan |
Computer and Peripheral Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Date, Fukushima |
Japan |
Computer and Peripheral Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Cairo |
Egypt |
Computer System Design Services |
|
|
|
|
|
Subsidiary |
Kingston, Kingston |
Jamaica |
Computer System Design Services |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Computer and Peripheral Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Kooriyama, Fukushima |
Japan |
Data Processing |
72.4 |
|
|
|
|
Subsidiary |
Bunkyo-Ku, Tokyo |
Japan |
Computer Programming |
63.0 |
|
|
|
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Miscellaneous Professional Services |
44.1 |
|
|
|
|
Subsidiary |
Fukuoka, Fukuoka |
Japan |
Computer Programming |
31.1 |
|
|
|
|
Subsidiary |
Beijing |
China |
Computer System Design Services |
|
|
|
|
|
Subsidiary |
Nanjing, Jiangsu |
China |
Computer Programming |
16.5 |
200 |
|
|
|
Subsidiary |
Xi'an |
China |
Computer Programming |
5.8 |
200 |
|
|
|
Subsidiary |
Beijing, Beijing |
China |
Research and Development Services |
7.7 |
100 |
|
|
|
Subsidiary |
Shanghai |
China |
Investment Services |
|
|
|
|
|
Subsidiary |
Tsim Tsa Tsui, Kowloon |
Hong Kong |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Computer Programming |
|
|
|
|
|
Subsidiary |
Bunkyo-Ku, Tokyo |
Japan |
Music |
21.6 |
133 |
|
|
|
Subsidiary |
Fukuoka |
Japan |
Computer and Peripheral Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Barataria |
Trinidad and Tobago |
Computer Programming |
|
|
|
|
|
Subsidiary |
Ishikawa |
Japan |
Computer and Peripheral Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Makati |
Philippines |
Computer System Design Services |
|
|
|
|
|
Subsidiary |
Shimane |
Japan |
Computer and Peripheral Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Kawasaki, Kanagawa |
Japan |
Computer System Design Services |
|
|
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Consulting Services |
36.5 |
|
|
|
|
Subsidiary |
Kowloon |
Hong Kong |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Subsidiary |
Beijing |
China |
Research and Development Services |
|
|
|
|
|
Facility |
Suzaka, Nagano |
Japan |
Communications Equipment Manufacturing |
|
|
|
|
|
Facility |
Numazu, Shizuoka |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Facility |
Aizuwakamatsu, Fukushima |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Facility |
Kumagaya, Saitama |
Japan |
Computer System Design Services |
|
|
|
|
|
Facility |
Otawara, Tochigi |
Japan |
Communications Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Shenzhen |
China |
Computer System Design Services |
|
|
|
|
|
Subsidiary |
Hong Kong |
Hong Kong |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Subsidiary |
Suzhou, Jiangsu |
China |
Architecture and Engineering |
|
|
|
|
|
Facility |
Oyama, Tochigi |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Subsidiary |
Chengdu, Sichuan |
China |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Facility |
Kuwana, Mie |
Japan |
Semiconductor and Other Electronic Component Manufacturing |
|
|
|
|
|
Subsidiary |
Kawasaki |
Japan |
Communications Equipment Manufacturing |
|
|
|
|
|
Subsidiary |
Ishikawa-Gun, Fukushima |
Japan |
Communications Equipment Manufacturing |
11.8 |
186 |
|
|
|
Subsidiary |
Chikusei, Ibaraki |
Japan |
Communications Equipment Manufacturing |
15.6 |
|
|
|
|
Subsidiary |
Toronto, ON |
Canada |
Computer System Design Services |
|
|
|
|
|
Fujitsu Quality Laboratory Limited |
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
Kyoto, Kyoto |
Japan |
Industrial Machinery Repair and Maintenance |
27.9 |
|
|
|
Competitors
Report
|
Company Name |
Location |
Employees |
Ownership |
|
Alcatel Lucent SA |
Paris, France |
72,344 |
Public |
|
CANON INC. |
Ohta-Ku, Suzhou, Japan |
196,968 |
Public |
|
CGI Group Inc. |
Montreal, Quebec, Canada |
26,000 |
Public |
|
Cisco Systems, Inc. |
San Jose, California, United States |
66,639 |
Public |
|
Dell Inc. |
Round Rock, Texas, United States |
108,800 |
Public |
|
Ericsson |
Stockholm, Sweden |
109,648 |
Public |
|
Exact Holding N.V. |
Delft, Netherlands |
1,653 |
Public |
|
FUJIFILM Holdings Corp |
Minato-Ku, Japan |
80,322 |
Public |
|
Hewlett-Packard Company |
Palo Alto, California, United States |
331,800 |
Public |
|
Hitachi, Ltd. |
Chiyoda-Ku, Japan |
326,240 |
Public |
|
HP Enterprise Services, LLC |
Plano, Texas, United States |
10,000 |
Private |
|
IBM Japan Ltd |
Hakozaki, Tokyo Pref, Japan |
20,000 |
Private |
|
Infineon Technologies AG |
Neubiberg, Germany |
26,104 |
Public |
|
Intel Corporation |
Santa Clara, California, United States |
105,400 |
Public |
|
International Business Machines Corp. |
Armonk, New York, United States |
434,246 |
Public |
|
Koninklijke Philips NV |
Eindhoven, Netherlands |
115,911 |
Public |
|
Micron Technology, Inc. |
Boise, Idaho, United States |
27,400 |
Public |
|
Mitsubishi Electric Corporation |
Chiyoda-Ku, Japan |
120,958 |
Public |
|
Motorola Solutions Inc |
Schaumburg, Illinois, United States |
22,000 |
Public |
|
NEC Corp |
Minato-Ku, Japan |
102,375 |
Public |
|
Nokia Oyj |
Espoo, Finland |
95,895 |
Public |
|
Novell, Inc. |
Provo, Utah, United States |
3,400 |
Public |
|
Novellus Systems, Inc. |
San Jose, California, United States |
2,855 |
Public |
|
NXP Semiconductors |
San Jose, California, United States |
700 |
Private |
|
Oki Electric Cable Co., Ltd. |
Kawasaki-Shi, Japan |
401 |
Public |
|
Oki Electric Industry Co., Ltd. |
Minato-Ku, Japan |
17,459 |
Public |
|
Oracle America, Inc. |
Santa Clara, California, United States |
29,000 |
Private |
|
Oracle Corporation |
Redwood City, California, United States |
120,000 |
Public |
|
Panasonic Corporation |
Kadoma-Shi, Japan |
293,742 |
Public |
|
REALTECH, Inc. |
Malvern, Pennsylvania, United States |
20 |
Private |
|
Renesas Electronics Corporation |
Kawasaki, Kanagawa, Japan |
42,800 |
Public |
|
Ricoh Co Ltd |
Chuo-Ku, Japan |
107,431 |
Public |
|
Samsung Electronics Co., Ltd. |
Suwon, Korea, Republic of |
93,120 |
Public |
|
Samsung Group |
Seoul, Korea, Republic of |
263,000 |
Private |
|
Sanyo Electric Co Ltd |
Moriguchi, Osaka Pref, Japan |
2,500 |
Public |
|
Seagate Technology PLC |
Dublin, Ireland |
57,900 |
Public |
|
Sharp Corporation |
Osaka-Shi, Japan |
50,647 |
Public |
|
Siemens AG |
Muenchen, Germany |
366,000 |
Public |
|
SONY CORPORATION |
Minato-Ku, Japan |
146,300 |
Public |
|
Sunedison Inc |
St. Peters, Missouri, United States |
5,630 |
Public |
|
Texas Instruments Incorporated |
Dallas, Texas, United States |
34,151 |
Public |
|
Toshiba Corp |
Minato-Ku, Japan |
206,087 |
Public |
|
Unisys Corporation |
Blue Bell, Pennsylvania, United States |
22,800 |
Public |
Executive report
|
Board of
Directors |
|
|
|
|
|||||||||
|
Corporate Vice President |
Chairman |
|
|||||||||
|
Corporate Vice President |
Chairman |
|
|||||||||
|
Chairman of the Board, Chairman of the Board of Directors |
Chairman |
|
|||||||||
|
||||||||||||
|
Corporate Vice President |
Chairman |
|
|
||||||||
|
Corporate Vice President |
Chairman |
|
|
||||||||
|
Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Board Member |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Chief Financial Officer, Senior Managing Executive Officer, Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Executive VP |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Board Member |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Senior Managing Executive Officer, Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Senior Managing Executive Officer, Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Independent Director |
Director/Board Member |
|
|
||||||||
|
||||||||||||
|
Director |
Director/Board Member |
|
|
||||||||
|
Executives |
|
|
|
|
|||||||||
|
President and Chief Executive Officer |
President |
|
|||||||||
|
President |
President |
|
|||||||||
|
||||||||||||
|
Executive Officer, Chief Director of Platform Business Promotion |
Division Head Executive |
|
|
||||||||
|
Executive Officer, Chief Director of SI Technology Support |
Division Head Executive |
|
|
||||||||
|
Executive Officer |
Division Head Executive |
|
|
||||||||
|
||||||||||||
|
Executive Officer, Chief Director of Health Care Solution Business |
Division Head Executive |
|
|
||||||||
|
Managing Executive Officer |
Division Head Executive |
|
|
||||||||
|
||||||||||||
|
Managing Executive Officer, Assistant Manager of Public & District
Solution Business Group |
Division Head Executive |
|
|
||||||||
|
Executive Officer |
Division Head Executive |
|
|
||||||||
|
Executive Officer |
Division Head Executive |
|
|
||||||||
|
Managing Executive Officer, Chief Director of Storage System Business |
Division Head Executive |
|
|
||||||||
|
||||||||||||
|
Executive Officer, Chief Director of Cloud Platform Development |
Division Head Executive |
|
|
||||||||
|
Executive Officer |
Division Head Executive |
|
|
||||||||
|
Executive Officer, Chief Director of Network Service Business |
Division Head Executive |
|
|
||||||||
|
Executive Officer, Chief Director of Overseas Business Management |
Division Head Executive |
|
|
||||||||
|
Chief Financial Officer, Senior Managing Executive Officer, Director |
Division Head Executive |
|
|
||||||||
|
||||||||||||
|
Managing Executive Officer |
Division Head Executive |
|
|
||||||||
|
Executive Officer |
Division Head Executive |
|
|
||||||||
|
Executive Officer, Chief Director of
Financial System Business |
Division Head Executive |
|
|
||||||||
|
Executive Officer |
Division Head Executive |
|
|
||||||||
|
Executive Officer, Chief Director of IA
Server Business |
Division Head Executive |
|
|
||||||||
|
Executive Officer, Chief Director of
Solution Business Promotion |
Division Head Executive |
|
|
||||||||
|
Executive Officer, Chief Director of 1st
Financial System |
Division Head Executive |
|
|
||||||||
|
Executive Officer, Chief Director of
Network Business Group Business Planning |
Division Head Executive |
|
|
||||||||
|
Managing Executive Officer |
Division Head Executive |
|
|
||||||||
|
||||||||||||
|
Executive Officer, Chief Director of 2nd Infrastructure Business |
Division Head Executive |
|
|
||||||||
|
Executive Officer, Chief Director of Tokyo Capital Areal Sales |
Division Head Executive |
|
|
||||||||
|
Executive Officer |
Division Head Executive |
|
|
||||||||
|
Managing Executive Officer |
Division Head Executive |
|
|
||||||||
|
Managing Executive Officer |
Division Head Executive |
|
|
||||||||
|
Executive Officer, Chief Director of Automobile Business |
Division Head Executive |
|
|
||||||||
|
||||||||||||
|
Executive Officer, SVP of Software Integration Division |
Division Head Executive |
|
|
||||||||
|
Executive Officer, Chief Director of Personal Business |
Division Head Executive |
|
|
||||||||
|
Executive Officer, Chief Director of Mobile Phone Business |
Division Head Executive |
|
|
||||||||
|
Executive Officer |
Division Head Executive |
|
|
||||||||
|
Executive Officer |
Division Head Executive |
|
|
||||||||
|
Managing Executive Officer |
Division Head Executive |
|
|
||||||||
|
||||||||||||
|
Managing Executive Officer |
Division Head Executive |
|
|
||||||||
|
Executive Officer |
Division Head Executive |
|
|
||||||||
|
Senior Managing Executive Officer, Director |
Division Head Executive |
|
|
||||||||
|
||||||||||||
|
Senior Managing Executive Officer, Director |
Division Head Executive |
|
|
||||||||
|
||||||||||||
|
Senior Managing Executive Officer |
Division Head Executive |
|
|
||||||||
|
Executive Officer, Chief Director of Legal Affairs |
Division Head Executive |
|
|
||||||||
|
Executive Officer, Chief Director of Network Service Business |
Division Head Executive |
|
|
||||||||
|
Executive Officer |
Division Head Executive |
|
|
||||||||
|
Corporate Senior Vice President |
Administration Executive |
|
|
||||||||
|
Corporate Senior Vice President |
Administration Executive |
|
|
||||||||
|
Statutory Auditor |
Accounting Executive |
|
|
||||||||
|
Auditor |
Accounting Executive |
|
|
||||||||
|
Statutory Auditor |
Accounting Executive |
|
|
||||||||
|
Statutory Auditor |
Accounting Executive |
|
|
||||||||
|
Auditor |
Accounting Executive |
|
|
||||||||
|
Senior Vice President Sales Germany |
Sales Executive |
|
|
||||||||
|
Senior Vice President, Central Europe |
International Executive |
|
|
||||||||
|
Manager of Legal Affairs Division |
Investor Relations Executive |
|
|
||||||||
|
Senior Executive Vice President |
Other |
|
|
||||||||
|
||||||||||||
|
Corporate Vice President |
Other |
|
|
||||||||
|
Exec VP-Assurance Grp |
Other |
|
|
||||||||
|
Senior Executive Vice President and Representative Director |
Other |
|
|
||||||||
|
||||||||||||
|
Corporate Vice President |
Other |
|
|
||||||||
|
||||||||||||
|
Corporate Senior Vice President |
Other |
|
|
||||||||
|
Corporate Vice President |
Other |
|
|
||||||||
|
Corporate Vice President |
Other |
|
|
||||||||
|
Senior Executive Vice President and Representative Director |
Other |
|
|
||||||||
|
||||||||||||
|
Corporate Vice President |
Other |
|
|
||||||||
|
Corporate Vice President |
Other |
|
|
||||||||
Significant Developments
Talks Fail on Integrating Renesas Unit with Panasonic-Fujitsu Chip JV-Kyodo News Jun 18, 2013
Kyodo News reported that negotiations have broken down over incorporating the mobile device chip operations of Renesas Electronics Corp. into a new joint venture that Fujitsu Ltd. and Panasonic Corp. will set up by integrating their system LSI chip operations.
Fujitsu Ltd Announces No Dividend Payment for FY 2013 May 23, 2013
Fujitsu Ltd announced that it will pay no dividend for the fiscal year ended March 31, 2013. The latest dividend forecast was JPY 0 per share, disclosed on April 30, 2013.
Fujitsu Ltd Announces Outcome of Early Retirement Programs May 23, 2013
Fujitsu Ltd announced that 491 management level employees took up the offer of an early retirement program offered during the period from April 22, 2013 to May 17, 2013, and will retire on June 30, 2013. The Company also announced that 1,963 employees of its semiconductor business took up the offer of an early retirement program offered during the period from April 17, 2013 to April 26, 2013 and will retire on June 30, 2013.
Fujitsu Ltd Announces Company Split Contract Execution with Semiconductor Subsidiary May 23, 2013
Fujitsu Limited has concluded a contract with its consolidated subsidiary, Fujitsu Semiconductor Limited (Fujitsu Semiconductor), whereby Fujitsu Limited will absorb the Fujitsu Semiconductor's Microcontroller and Analog Business through a company split. Fujitsu Limited has also concluded a contract with Nihon AM Semiconductor Limited which is newly established by Fujitsu Semiconductor. In this second contract, Fujitsu Limited will transfer this business, also through a company split to AM Semiconductor Limited. The effective date for both splits is August 1, 2013.
Fujitsu Ltd to Sell Microcontroller and Analog Device Business to Spansion Inc. and Other Spansion Companies Apr 30, 2013
Fujitsu Ltd announced that a subsidiary Fujitsu Semiconductor Limited (FSL) has decided to enter into a definitive agreement to sell its microcontroller and analog business to California-based Spansion LLC and affiliates (including Spansion Inc.). In accordance with the agreement, FSL's microcontroller and analog business in Japan, together with the microcontroller and analog business in Japan operated by Fujitsu VLSI Limited and Fujitsu Microelectronics Solutions Limited, which are subsidiaries of FSL, will first be absorbed by Fujitsu Ltd. Fujitsu will transfer the business into a new company to be established by FSL, and then all of the shares in the new company will be transferred to one of Spansion subsidiaries in Japan, Nihon Spansion Limited. The assets of the microcontroller and analog business outside Japan, as well as FSL's intellectual property and product inventory related to the microcontroller and analog business, will be transferred to Spansion. The sales price of microcontroller and analog business is approximately USD 110 million and the sales price of related inventory is approximately USD 65 million.
Fujitsu Ltd In Talks To Sell Car Chip Business To Spansion Inc- Apr 30, 2013
reported that Fujitsu Ltd is in late-stage talks to sell its microcontroller chip business to Spansion Inc. Terms of the deal, which will include Fujitsu's microcontroller design and development business as well as a Japanese plant, could not be obtained. A Fujitsu spokesman said nothing had been decided with regards to its microcontroller chip business. The news was also reported by Japanese media, including the Nikkei business daily.
TELUS Selects Fujitsu Ltd for 100G Inter-City Regional Network Deployments Mar 26, 2013
Fujitsu Ltd announced that TELUS has selected Fujitsu to help bring 100G performance to the service provider`s network. By utilizing the Fujitsu 100G solution on the Fujitsu FLASHWAVE 9500 Packet Optical Networking Platform (Packet ONP), TELUS will be able to meet the bandwidth requirements for high-speed data services, Internet video services, and smart phones, while ensuring a better cost per unit and a lasting technology foundation for their evolving packet-centric regional and national network.
Renesas Electronics Corp Eyes Selling Subsidiary To Panasonic
Corp-Fujitsu Ltd Chip Unit-DJ Mar 05, 2013
Dow Jones reported that Renesas Electronics Corp is considering selling a subsidiary to a new company that Fujitsu Ltd and Panasonic Corp will set up by integrating their loss-making system LSI chip operations, Kyodo News reported. Fujitsu and Panasonic announced the system LSI merger plan in February, but Renesas, which initially took part in the negotiations, failed to reach terms with them. Fujitsu and Panasonic, however, still want to acquire the chipmaker's technology to boost their international competitiveness. The three are mulling incorporating Renesas Mobile Corp, a Renesas unit that develops semiconductors for smartphones, into the new company that Fujitsu and Panasonic are aiming to launch around the middle of fiscal 2013 starting April.
R&I Downgrades Rating on Fujitsu Ltd from "A+" to
"A"; Rating Outlook Stable Feb 08, 2013
Rating and Investment Information, Inc. (R&I) announced that it has
downgraded the rating of Fujitsu Ltd from "A+" to "A". The
rating outlook is stable.
Fujitsu Ltd Cancels Year-end Dividend for FY 2013 Feb 07, 2013
Fujitsu Ltd announced that it has canceled the year-end dividend of JPY 5 per share for the fiscal year ending March 2013.
Fujitsu Ltd Announces Semiconductor Business Restructuring; Fujitsu's Subsidiary to Form Joint Venture with Panasonic Corp Feb 07, 2013
Fujitsu Ltd announced that its subsidiary, FUJITSU SEMICONDUCTOR LIMITED, has signed a basic agreement with Panasonic Corp, to integrate the system LSI (large-scale integration) business by forming a joint venture. This joint venture will also receive fund from another company. Fujitsu will also begin discussions on transforming Mie Plant 300mm line to Taiwan Semiconductor Manufacturing Company Limited.
Fujitsu Ltd And Panasonic Corp To Merge Chip Business In Fiscal 2013- Feb 06, 2013
reported that Fujitsu Ltd and Panasonic Corp will merge their chip units in the next fiscal year. The two companies will announce on February 7, 2013 after a meeting of Fujitsu's board of directors that they will begin discussions on forming a joint venture. Fujitsu is likely to negotiate to take a majority stake in the venture, which will be a design and development-only firm. According to a source the two are in talks with Development Bank of Japan over funding for the venture.
R&I Affirms Rating on Fujitsu Ltd at "A+"; Rating Outlook Negative Jan 11, 2013
Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating of Fujitsu Ltd at "A+", but has amended the rating outlook from stable to negative.
Fujitsu Ltd to Issue Unsecured Corporate Bonds Oct 10, 2012
Fujitsu Ltd announced that it will issue a JPY 40 billion 30th series unsecured corporate bonds with interest rate 0.331% and maturity on October 16, 2015, as well as a JPY 20 billion 31st series unsecured corporate bonds with interest rate 0.476% and maturity on October 16, 2017, both with a face value of JPY 100 million and issue price at JPY 100 per face value of JPY 100, on October 16, 2012. Mizuho Securities Co., Ltd. and five other companies will act as underwriters in the offering.
TOKAI Communications Corporation to Take Over ISP Business from Fujitsu
Ltd's Subsidiary Aug 27, 2012
Tokai Holdings Corp announced that its wholly owned subsidiary, TOKAI Communications Corporation, will take over Internet service provider business from FUJITSU SOFTWARE TECHNOLOGIES LIMITED, which is a wholly owned subsidiary of Fujitsu Ltd, effective October 1, 2012.
Fujitsu Ltd In Talks With Taiwan Semiconductor Manufacturing Co To Sell Chip Plant- Jul 27, 2012
reported that Fujitsu Ltd has held talks to sell its main semiconductor plant in western Japan to Taiwan Semiconductor Manufacturing Co. The plant, in Mie Prefecture, makes image-processing chips for cameras and number-crunching chips for supercomputers.
Annual
Income Statement
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
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) |
82.970472 |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
|
Auditor |
Ernst &
Young ShinNihon LLC |
Ernst &
Young ShinNihon LLC |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Net Sales |
52,810.7 |
56,579.3 |
52,845.5 |
50,349.3 |
46,703.7 |
|
Revenue |
52,810.7 |
56,579.3 |
52,845.5 |
50,349.3 |
46,703.7 |
|
Total Revenue |
52,810.7 |
56,579.3 |
52,845.5 |
50,349.3 |
46,703.7 |
|
|
|
|
|
|
|
|
Cost of Revenue |
38,302.3 |
40,933.3 |
38,170.9 |
36,974.1 |
34,746.8 |
|
Cost of Revenue, Total |
38,302.3 |
40,933.3 |
38,170.9 |
36,974.1 |
34,746.8 |
|
Gross Profit |
14,508.4 |
15,646.0 |
14,674.5 |
13,375.2 |
11,956.9 |
|
|
|
|
|
|
|
|
Selling/General/Administrative Expense |
6,763.3 |
7,329.1 |
6,776.1 |
6,612.0 |
5,708.8 |
|
Labor & Related Expense |
3,812.0 |
3,964.6 |
3,594.5 |
3,327.4 |
3,076.7 |
|
Total Selling/General/Administrative Expenses |
10,575.3 |
11,293.7 |
10,370.7 |
9,939.4 |
8,785.5 |
|
Research & Development |
2,784.7 |
3,018.7 |
2,756.5 |
2,420.4 |
2,487.0 |
|
Restructuring Charge |
1,400.8 |
192.5 |
0.0 |
510.1 |
539.4 |
|
Impairment-Assets Held for Use |
437.1 |
48.9 |
82.3 |
73.4 |
634.6 |
|
Impairment-Assets Held for Sale |
- |
- |
- |
0.0 |
186.4 |
|
Other Unusual Expense (Income) |
0.6 |
106.7 |
184.4 |
0.0 |
- |
|
Unusual Expense (Income) |
1,838.4 |
348.0 |
266.8 |
583.5 |
1,360.3 |
|
Total Operating Expense |
53,500.8 |
55,593.8 |
51,564.9 |
49,917.4 |
47,379.6 |
|
|
|
|
|
|
|
|
Operating Income |
-690.1 |
985.6 |
1,280.6 |
431.9 |
-675.9 |
|
|
|
|
|
|
|
|
Interest Expense -
Non-Operating |
-87.8 |
-117.6 |
-136.9 |
-175.6 |
-174.3 |
|
Interest Expense, Net Non-Operating |
-87.8 |
-117.6 |
-136.9 |
-175.6 |
-174.3 |
|
Interest Income - Non-Operating |
27.1 |
37.9 |
31.8 |
45.6 |
77.3 |
|
Investment Income -
Non-Operating |
208.2 |
56.5 |
91.9 |
990.3 |
-258.7 |
|
Interest/Investment Income - Non-Operating |
235.2 |
94.5 |
123.7 |
1,035.9 |
-181.3 |
|
Interest Income (Expense) - Net Non-Operating Total |
147.4 |
-23.1 |
-13.2 |
860.3 |
-355.6 |
|
Gain (Loss) on Sale of Assets |
- |
- |
0.0 |
23.8 |
0.0 |
|
Other Non-Operating Income (Expense) |
-1.1 |
-117.5 |
-74.3 |
-103.3 |
-96.1 |
|
Other, Net |
-1.1 |
-117.5 |
-74.3 |
-103.3 |
-96.1 |
|
Income Before Tax |
-543.7 |
844.9 |
1,193.1 |
1,212.7 |
-1,127.7 |
|
|
|
|
|
|
|
|
Total Income Tax |
292.4 |
379.9 |
562.2 |
169.7 |
4.1 |
|
Income After Tax |
-836.1 |
465.0 |
630.8 |
1,042.9 |
-1,131.8 |
|
|
|
|
|
|
|
|
Minority Interest |
-42.7 |
75.8 |
12.1 |
-41.4 |
13.3 |
|
Net Income Before Extraord Items |
-878.8 |
540.9 |
642.9 |
1,001.5 |
-1,118.5 |
|
Net Income |
-878.8 |
540.9 |
642.9 |
1,001.5 |
-1,118.5 |
|
|
|
|
|
|
|
|
Income Available to Common Excl Extraord Items |
-878.8 |
540.9 |
642.9 |
1,001.5 |
-1,118.5 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
-878.8 |
540.9 |
642.9 |
1,001.5 |
-1,118.5 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
2,069.3 |
2,069.5 |
2,069.7 |
2,058.7 |
2,067.8 |
|
Basic EPS Excl Extraord Items |
-0.42 |
0.26 |
0.31 |
0.49 |
-0.54 |
|
Basic/Primary EPS Incl Extraord Items |
-0.42 |
0.26 |
0.31 |
0.49 |
-0.54 |
|
Dilution Adjustment |
0.0 |
2.0 |
17.5 |
33.4 |
0.0 |
|
Diluted Net Income |
-878.8 |
542.8 |
660.4 |
1,034.9 |
-1,118.5 |
|
Diluted Weighted Average Shares |
2,069.3 |
2,085.9 |
2,197.3 |
2,281.0 |
2,067.8 |
|
Diluted EPS Excl Extraord Items |
-0.42 |
0.26 |
0.30 |
0.45 |
-0.54 |
|
Diluted EPS Incl Extraord Items |
-0.42 |
0.26 |
0.30 |
0.45 |
-0.54 |
|
Dividends per Share - Common Stock Primary Issue |
0.06 |
0.13 |
0.12 |
0.09 |
0.08 |
|
Gross Dividends - Common Stock |
124.7 |
262.1 |
241.5 |
177.8 |
164.6 |
|
Interest Expense, Supplemental |
87.8 |
117.6 |
136.9 |
175.6 |
174.3 |
|
Depreciation, Supplemental |
2,150.1 |
2,462.6 |
2,424.6 |
2,493.4 |
2,807.5 |
|
Total Special Items |
2,009.9 |
539.3 |
448.9 |
810.6 |
1,522.5 |
|
Normalized Income Before Tax |
1,466.2 |
1,384.2 |
1,642.0 |
2,023.2 |
394.8 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
643.4 |
156.5 |
125.7 |
78.3 |
476.1 |
|
Inc Tax Ex Impact of Sp Items |
935.8 |
536.4 |
688.0 |
248.1 |
480.2 |
|
Normalized Income After Tax |
530.4 |
847.8 |
954.1 |
1,775.2 |
-85.4 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
487.7 |
923.6 |
966.1 |
1,733.8 |
-72.1 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.24 |
0.45 |
0.47 |
0.84 |
-0.03 |
|
Diluted Normalized EPS |
0.24 |
0.44 |
0.45 |
0.77 |
-0.03 |
|
Amort of Acquisition Costs, Supplemental |
171.5 |
191.2 |
182.2 |
250.9 |
162.1 |
|
Research & Development Exp, Supplemental |
2,784.7 |
3,018.7 |
2,756.5 |
2,420.4 |
2,487.0 |
|
Reported Operating Profit |
1,148.3 |
1,333.6 |
1,547.3 |
1,015.4 |
684.4 |
|
Reported Ordinary Profit |
1,270.8 |
1,153.9 |
1,259.0 |
765.5 |
149.8 |
|
Normalized EBIT |
1,148.3 |
1,333.6 |
1,547.3 |
1,015.4 |
684.4 |
|
Normalized EBITDA |
3,469.9 |
3,987.4 |
4,154.1 |
3,759.7 |
3,654.1 |
|
Current Tax - Total |
382.4 |
297.6 |
- |
- |
- |
|
Current Tax - Total |
382.4 |
297.6 |
- |
- |
- |
|
Deferred Tax - Total |
-90.0 |
82.3 |
- |
- |
- |
|
Deferred Tax - Total |
-90.0 |
82.3 |
- |
- |
- |
|
Income Tax - Total |
292.4 |
379.9 |
- |
- |
- |
|
Interest Cost - Domestic |
386.6 |
402.7 |
368.2 |
324.5 |
288.4 |
|
Service Cost - Domestic |
253.7 |
508.0 |
454.3 |
421.7 |
380.2 |
|
Prior Service Cost - Domestic |
-226.7 |
-235.9 |
-217.4 |
-200.0 |
-190.1 |
|
Expected Return on Assets - Domestic |
-330.4 |
-336.3 |
-311.0 |
-250.1 |
-271.5 |
|
Actuarial Gains and Losses - Domestic |
603.5 |
531.9 |
435.9 |
462.2 |
263.4 |
|
Transition Costs - Domestic |
- |
- |
0.0 |
175.3 |
166.3 |
|
Other Pension, Net - Domestic |
179.8 |
11.3 |
14.8 |
-0.9 |
0.0 |
|
Domestic Pension Plan Expense |
866.6 |
881.6 |
744.7 |
932.5 |
636.6 |
|
Interest Cost - Foreign |
- |
343.9 |
347.5 |
309.7 |
321.5 |
|
Service Cost - Foreign |
- |
46.9 |
93.9 |
90.3 |
88.1 |
|
Prior Service Cost - Foreign |
- |
-1.5 |
-155.5 |
0.0 |
0.0 |
|
Expected Return on Assets - Foreign |
- |
-305.8 |
-303.4 |
-266.9 |
-331.6 |
|
Actuarial Gains and Losses - Foreign |
- |
44.3 |
68.1 |
-1.6 |
-3.0 |
|
Other Pension, Net - Foreign |
356.2 |
1.4 |
1.3 |
0.0 |
0.0 |
|
Foreign Pension Plan Expense |
356.2 |
129.3 |
51.9 |
131.5 |
75.0 |
|
Defined Contribution Expense - Domestic |
6.8 |
6.3 |
4.1 |
- |
- |
|
Defined Contribution Expense - Foreign |
- |
170.8 |
114.1 |
81.3 |
65.4 |
|
Total Pension Expense |
1,229.6 |
1,188.1 |
914.9 |
1,145.4 |
777.0 |
|
Discount Rate - Domestic |
- |
- |
2.50% |
2.50% |
2.50% |
|
Expected Rate of Return - Domestic |
- |
- |
2.90% |
2.90% |
2.80% |
|
Total Plan Interest Cost |
386.6 |
746.6 |
715.7 |
634.2 |
609.9 |
|
Total Plan Service Cost |
253.7 |
554.9 |
548.2 |
512.0 |
468.4 |
|
Total Plan Expected Return |
-330.4 |
-642.1 |
-614.5 |
-517.0 |
-603.1 |
|
Total Plan Other Expense |
536.0 |
12.8 |
16.1 |
-0.9 |
0.0 |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
94.088557 |
82.385362 |
82.88 |
93.44 |
98.77 |
|
Auditor |
Ernst &
Young ShinNihon LLC |
Ernst &
Young ShinNihon LLC |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Cash & Equivalents |
2,152.2 |
2,591.5 |
4,269.9 |
3,453.9 |
4,947.2 |
|
Short Term Investments |
1,089.0 |
733.5 |
130.3 |
1,126.1 |
495.8 |
|
Cash and Short Term Investments |
3,241.3 |
3,324.9 |
4,400.3 |
4,580.1 |
5,443.0 |
|
Accounts Receivable -
Trade, Gross |
9,522.8 |
10,940.2 |
10,582.4 |
9,860.3 |
8,578.0 |
|
Provision for Doubtful
Accounts |
-128.4 |
-155.4 |
-178.3 |
-170.4 |
-83.6 |
|
Trade Accounts Receivable - Net |
9,394.4 |
10,784.9 |
10,404.1 |
9,689.9 |
8,494.4 |
|
Total Receivables, Net |
9,394.4 |
10,784.9 |
10,404.1 |
9,689.9 |
8,494.4 |
|
Inventories - Finished Goods |
1,299.4 |
1,689.2 |
1,818.1 |
1,558.7 |
1,421.0 |
|
Inventories - Work In Progress |
1,204.8 |
1,289.9 |
1,363.4 |
1,079.9 |
963.4 |
|
Inventories - Raw Materials |
929.7 |
1,076.5 |
938.2 |
810.7 |
718.2 |
|
Total Inventory |
3,433.9 |
4,055.5 |
4,119.7 |
3,449.3 |
3,102.7 |
|
Deferred Income Tax - Current Asset |
871.4 |
880.2 |
925.0 |
816.7 |
697.0 |
|
Other Current Assets |
1,364.0 |
1,610.8 |
1,394.1 |
1,498.1 |
1,373.3 |
|
Other Current Assets, Total |
2,235.4 |
2,491.1 |
2,319.1 |
2,314.8 |
2,070.3 |
|
Total Current Assets |
18,305.0 |
20,656.4 |
21,243.1 |
20,034.0 |
19,110.4 |
|
|
|
|
|
|
|
|
Property/Plant/Equipment - Net |
6,573.2 |
7,779.8 |
7,705.6 |
7,092.6 |
6,814.1 |
|
Goodwill, Net |
314.3 |
819.6 |
966.3 |
1,005.4 |
470.9 |
|
Intangibles, Net |
1,676.6 |
1,975.6 |
2,073.8 |
1,982.7 |
1,668.7 |
|
LT Investment - Affiliate Companies |
516.5 |
479.1 |
452.8 |
393.5 |
- |
|
LT Investments - Other |
1,309.3 |
1,330.7 |
1,385.5 |
1,435.8 |
2,486.6 |
|
Long Term Investments |
1,825.9 |
1,809.8 |
1,838.3 |
1,829.4 |
2,486.6 |
|
Pension Benefits - Overfunded |
1,914.4 |
- |
- |
- |
- |
|
Deferred Income Tax - Long Term Asset |
712.3 |
792.2 |
869.8 |
891.3 |
731.5 |
|
Other Long Term Assets |
1,084.6 |
1,919.4 |
1,790.7 |
1,711.4 |
1,338.9 |
|
Other Long Term Assets, Total |
3,711.3 |
2,711.6 |
2,660.6 |
2,602.6 |
2,070.4 |
|
Total Assets |
32,406.2 |
35,752.8 |
36,487.7 |
34,546.8 |
32,621.1 |
|
|
|
|
|
|
|
|
Accounts Payable |
6,023.7 |
7,498.4 |
7,290.8 |
6,710.0 |
5,352.9 |
|
Accrued Expenses |
3,430.4 |
4,158.7 |
3,900.4 |
3,580.4 |
3,026.9 |
|
Notes Payable/Short Term Debt |
2,864.6 |
824.6 |
1,514.9 |
533.9 |
1,171.9 |
|
Current Portion - Long Term Debt/Capital Leases |
367.6 |
932.0 |
1,501.8 |
2,144.3 |
3,569.6 |
|
Income Taxes Payable |
247.8 |
226.1 |
285.0 |
286.0 |
195.7 |
|
Other Current Liabilities |
3,736.5 |
3,565.2 |
3,699.7 |
3,441.1 |
2,380.3 |
|
Other Current liabilities, Total |
3,984.3 |
3,791.3 |
3,984.7 |
3,727.2 |
2,576.0 |
|
Total Current Liabilities |
16,670.6 |
17,205.0 |
18,192.7 |
16,695.8 |
15,697.3 |
|
|
|
|
|
|
|
|
Long Term Debt |
2,606.5 |
3,061.5 |
2,959.3 |
3,820.5 |
4,622.8 |
|
Capital Lease Obligations |
284.5 |
336.6 |
323.1 |
422.8 |
478.9 |
|
Total Long Term Debt |
2,891.0 |
3,398.2 |
3,282.4 |
4,243.3 |
5,101.8 |
|
Total Debt |
6,123.1 |
5,154.8 |
6,299.1 |
6,921.5 |
9,843.2 |
|
|
|
|
|
|
|
|
Deferred Income Tax - LT Liability |
359.0 |
345.2 |
414.2 |
326.7 |
527.3 |
|
Deferred Income Tax |
359.0 |
345.2 |
414.2 |
326.7 |
527.3 |
|
Minority Interest |
1,363.7 |
1,523.1 |
1,598.2 |
1,601.6 |
1,788.3 |
|
Reserves |
322.2 |
279.8 |
300.3 |
349.4 |
319.6 |
|
Pension Benefits - Underfunded |
1,897.0 |
2,190.8 |
2,190.8 |
2,208.9 |
1,389.3 |
|
Other Long Term Liabilities |
596.8 |
601.1 |
599.3 |
573.1 |
214.6 |
|
Other Liabilities, Total |
2,815.9 |
3,071.8 |
3,090.4 |
3,131.5 |
1,923.4 |
|
Total Liabilities |
24,100.3 |
25,543.3 |
26,577.9 |
25,998.9 |
25,038.1 |
|
|
|
|
|
|
|
|
Common Stock |
3,450.2 |
3,940.3 |
3,916.8 |
3,474.2 |
3,286.7 |
|
Common Stock |
3,450.2 |
3,940.3 |
3,916.8 |
3,474.2 |
3,286.7 |
|
Additional Paid-In Capital |
2,513.7 |
2,870.8 |
2,853.7 |
2,526.1 |
2,395.8 |
|
Retained Earnings (Accumulated Deficit) |
2,889.4 |
4,434.0 |
4,139.4 |
3,295.8 |
2,265.8 |
|
Treasury Stock - Common |
-3.6 |
-3.9 |
-2.6 |
-29.1 |
-21.6 |
|
Unrealized Gain (Loss) |
293.9 |
197.2 |
192.2 |
196.2 |
546.7 |
|
Translation Adjustment |
-837.2 |
-1,239.9 |
-1,195.2 |
-915.0 |
-919.6 |
|
Other Comprehensive Income |
-0.4 |
11.0 |
5.5 |
-0.3 |
29.2 |
|
Other Equity, Total |
-837.6 |
-1,228.9 |
-1,189.7 |
-915.3 |
-890.5 |
|
Total Equity |
8,306.0 |
10,209.5 |
9,909.7 |
8,547.9 |
7,582.9 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
32,406.2 |
35,752.8 |
36,487.7 |
34,546.8 |
32,621.1 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock Primary
Issue |
2,069.3 |
2,069.4 |
2,069.6 |
2,064.8 |
2,067.2 |
|
Total Common Shares Outstanding |
2,069.3 |
2,069.4 |
2,069.6 |
2,064.8 |
2,067.2 |
|
Treasury Shares - Common Stock Primary Issue |
0.7 |
0.7 |
0.4 |
5.2 |
2.8 |
|
Employees |
168,733 |
173,155 |
172,336 |
172,438 |
165,612 |
|
Number of Common Shareholders |
155,427 |
159,144 |
162,900 |
168,791 |
170,846 |
|
Total Long Term Debt, Supplemental |
3,128.0 |
4,012.4 |
4,665.5 |
5,646.0 |
7,772.9 |
|
Long Term Debt Maturing within 1 Year |
840.3 |
950.9 |
2,068.1 |
1,825.5 |
3,150.1 |
|
Long Term Debt Maturing in Year 2 |
679.9 |
961.8 |
932.9 |
1,833.9 |
1,675.4 |
|
Long Term Debt Maturing in Year 3 |
1,002.1 |
774.3 |
653.1 |
748.6 |
1,368.3 |
|
Long Term Debt Maturing in Year 4 |
602.4 |
882.2 |
527.1 |
342.1 |
663.0 |
|
Long Term Debt Maturing in Year 5 |
3.3 |
79.1 |
484.1 |
467.3 |
105.3 |
|
Long Term Debt Maturing in 2-3 Years |
1,682.0 |
1,736.1 |
1,586.0 |
2,582.5 |
3,043.6 |
|
Long Term Debt Maturing in 4-5 Years |
605.7 |
961.3 |
1,011.2 |
809.4 |
768.3 |
|
Long Term Debt Matur. in Year 6 & Beyond |
0.0 |
364.1 |
0.2 |
428.6 |
810.9 |
|
Total Capital Leases, Supplemental |
437.3 |
528.4 |
618.3 |
741.6 |
898.4 |
|
Capital Lease Payments Due in Year 1 |
152.9 |
191.7 |
295.2 |
318.8 |
419.5 |
|
Capital Lease Payments Due in Year 2 |
107.8 |
132.1 |
126.4 |
214.5 |
214.3 |
|
Capital Lease Payments Due in Year 3 |
72.7 |
82.2 |
80.1 |
86.8 |
139.4 |
|
Capital Lease Payments Due in Year 4 |
42.8 |
48.0 |
43.4 |
44.3 |
51.7 |
|
Capital Lease Payments Due in Year 5 |
23.6 |
25.6 |
22.1 |
21.5 |
25.5 |
|
Capital Lease Payments Due in 2-3 Years |
180.5 |
214.2 |
206.5 |
301.2 |
353.6 |
|
Capital Lease Payments Due in 4-5 Years |
66.4 |
73.7 |
65.4 |
65.7 |
77.2 |
|
Cap. Lease Pymts. Due in Year 6 & Beyond |
37.6 |
48.7 |
51.1 |
55.9 |
48.1 |
|
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 |
22,863.6 |
22,714.4 |
21,900.9 |
19,914.0 |
15,717.1 |
|
Plan Assets - Domestic |
17,929.7 |
16,411.4 |
15,703.7 |
14,179.4 |
11,010.8 |
|
Funded Status - Domestic |
-4,933.9 |
-6,303.0 |
-6,197.2 |
-5,734.6 |
-4,706.4 |
|
Total Funded Status |
-4,933.9 |
-6,303.0 |
-6,197.2 |
-5,734.6 |
-4,706.4 |
|
Discount Rate - Domestic |
1.70% |
2.50% |
2.50% |
2.50% |
2.50% |
|
Discount Rate - Foreign |
4.40% |
5.00% |
5.60% |
5.60% |
6.90% |
|
Expected Rate of Return - Domestic |
2.90% |
2.90% |
2.90% |
2.90% |
2.80% |
|
Expected Rate of Return - Foreign |
5.70% |
6.70% |
7.20% |
7.80% |
8.00% |
|
Prepaid Benefits - Domestic |
1,914.4 |
754.2 |
694.2 |
612.1 |
734.8 |
|
Accrued Liabilities - Domestic |
-1,897.0 |
-2,190.8 |
-2,190.8 |
-2,208.9 |
-1,389.3 |
|
Other Assets, Net - Domestic |
5,244.8 |
4,866.4 |
4,700.6 |
4,137.8 |
4,051.8 |
|
Net Assets Recognized on Balance Sheet |
5,262.2 |
3,429.8 |
3,204.1 |
2,541.0 |
3,397.3 |
|
Total Plan Obligations |
22,863.6 |
22,714.4 |
21,900.9 |
19,914.0 |
15,717.1 |
|
Total Plan Assets |
17,929.7 |
16,411.4 |
15,703.7 |
14,179.4 |
11,010.8 |
Annual Cash Flows
Financials in: USD (mil)
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
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) |
82.970472 |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
|
Auditor |
Ernst &
Young ShinNihon LLC |
Ernst &
Young ShinNihon LLC |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
-543.7 |
844.9 |
1,193.1 |
1,212.7 |
-1,127.7 |
|
Depreciation |
2,150.1 |
2,462.6 |
2,424.6 |
2,493.4 |
2,807.5 |
|
Depreciation/Depletion |
2,150.1 |
2,462.6 |
2,424.6 |
2,493.4 |
2,807.5 |
|
Amortization of Acquisition Costs |
171.5 |
191.2 |
182.2 |
250.9 |
162.1 |
|
Amortization |
171.5 |
191.2 |
182.2 |
250.9 |
162.1 |
|
Unusual Items |
794.9 |
107.8 |
-5.6 |
-820.1 |
994.5 |
|
Equity in Net Earnings (Loss) |
-80.8 |
-38.8 |
-44.4 |
-30.2 |
338.8 |
|
Other Non-Cash Items |
536.9 |
-108.7 |
-465.5 |
-231.6 |
-51.6 |
|
Non-Cash Items |
1,250.9 |
-39.7 |
-515.5 |
-1,081.9 |
1,281.8 |
|
Accounts Receivable |
412.0 |
-429.5 |
299.8 |
526.5 |
1,264.8 |
|
Inventories |
207.4 |
58.9 |
-265.0 |
202.2 |
632.1 |
|
Accounts Payable |
-863.1 |
263.7 |
-20.0 |
-248.0 |
-2,237.9 |
|
Other Operating Cash Flow |
-1,922.9 |
-260.7 |
-317.0 |
-177.6 |
-226.5 |
|
Changes in Working Capital |
-2,166.6 |
-367.6 |
-302.3 |
303.2 |
-567.5 |
|
Cash from Operating Activities |
862.2 |
3,091.5 |
2,982.0 |
3,178.2 |
2,556.3 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-1,344.2 |
-1,745.0 |
-1,426.8 |
-1,232.2 |
-1,750.0 |
|
Purchase/Acquisition of Intangibles |
-776.8 |
-728.7 |
-696.6 |
-632.9 |
-658.0 |
|
Capital Expenditures |
-2,121.0 |
-2,473.7 |
-2,123.4 |
-1,865.2 |
-2,408.0 |
|
Sale of Business |
132.3 |
0.0 |
49.2 |
188.8 |
0.0 |
|
Sale of Fixed Assets |
69.5 |
77.7 |
80.1 |
98.7 |
185.6 |
|
Sale/Maturity of Investment |
54.0 |
71.1 |
409.8 |
1,256.9 |
155.3 |
|
Investment, Net |
- |
0.6 |
8.3 |
542.5 |
0.0 |
|
Purchase of Investments |
-44.0 |
-80.5 |
-187.1 |
-254.6 |
-169.4 |
|
Other Investing Cash Flow |
-37.1 |
-11.9 |
104.7 |
43.9 |
1.3 |
|
Other Investing Cash Flow Items, Total |
174.7 |
57.0 |
465.1 |
1,876.1 |
172.7 |
|
Cash from Investing Activities |
-1,946.2 |
-2,416.8 |
-1,658.4 |
11.0 |
-2,235.3 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
-201.5 |
-346.4 |
-473.7 |
-466.8 |
-418.9 |
|
Financing Cash Flow Items |
-201.5 |
-346.4 |
-473.7 |
-466.8 |
-418.9 |
|
Cash Dividends Paid - Common |
-278.5 |
-287.1 |
-270.6 |
-148.9 |
-243.4 |
|
Total Cash Dividends Paid |
-278.5 |
-287.1 |
-270.6 |
-148.9 |
-243.4 |
|
Sale/Issuance of
Common |
0.1 |
0.2 |
0.3 |
0.3 |
0.0 |
|
Repurchase/Retirement
of Common |
-0.4 |
-1.6 |
-1.7 |
-244.1 |
0.0 |
|
Common Stock, Net |
-0.3 |
-1.4 |
-1.4 |
-243.9 |
0.0 |
|
Issuance (Retirement) of Stock, Net |
-0.3 |
-1.4 |
-1.4 |
-243.9 |
0.0 |
|
Short Term Debt, Net |
1,783.9 |
-44.6 |
86.0 |
-870.0 |
810.3 |
|
Long Term Debt Issued |
961.9 |
1,217.3 |
743.8 |
882.8 |
1,087.2 |
|
Long Term Debt
Reduction |
-1,055.6 |
-2,297.8 |
-2,032.2 |
-3,514.1 |
-1,711.8 |
|
Long Term Debt, Net |
-93.7 |
-1,080.5 |
-1,288.4 |
-2,631.3 |
-624.7 |
|
Issuance (Retirement) of Debt, Net |
1,690.1 |
-1,125.1 |
-1,202.3 |
-3,501.3 |
185.7 |
|
Cash from Financing Activities |
1,209.9 |
-1,759.9 |
-1,948.1 |
-4,360.9 |
-476.6 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
89.3 |
-78.6 |
-94.4 |
-10.6 |
-40.2 |
|
Net Change in Cash |
215.1 |
-1,163.8 |
-718.8 |
-1,182.3 |
-195.8 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
3,214.4 |
4,541.4 |
4,903.5 |
5,703.1 |
5,452.0 |
|
Net Cash - Ending Balance |
3,429.5 |
3,377.6 |
4,184.7 |
4,520.8 |
5,256.3 |
|
Cash Interest Paid |
86.7 |
159.4 |
130.5 |
192.4 |
184.4 |
|
Cash Taxes Paid |
239.9 |
439.0 |
422.9 |
251.4 |
319.5 |
Annual income statement
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
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) |
82.970472 |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
|
Auditor |
Ernst &
Young ShinNihon LLC |
Ernst &
Young ShinNihon LLC |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Net Sales |
52,810.7 |
56,579.3 |
52,845.5 |
50,349.3 |
46,703.7 |
|
Total Revenue |
52,810.7 |
56,579.3 |
52,845.5 |
50,349.3 |
46,703.7 |
|
|
|
|
|
|
|
|
Cost of Goods Sold |
38,302.3 |
40,933.3 |
38,170.9 |
36,974.1 |
34,746.8 |
|
Other Selling/General/Admin. Expense |
6,763.3 |
7,329.1 |
- |
- |
- |
|
Salary |
3,812.0 |
3,964.6 |
3,594.5 |
3,327.4 |
3,076.7 |
|
Research&Development |
2,784.7 |
3,018.7 |
2,756.5 |
2,420.4 |
2,487.0 |
|
Other SGA |
- |
- |
6,776.1 |
6,612.0 |
5,708.8 |
|
SP L on Negative Goodwill |
-2.4 |
0.0 |
-14.2 |
0.0 |
- |
|
SP Disater Loss |
0.0 |
95.4 |
135.9 |
- |
- |
|
Loss on changes in retirement benefit pl |
3.0 |
11.3 |
14.8 |
0.0 |
- |
|
SP Impairment loss |
413.2 |
9.8 |
18.4 |
31.2 |
586.4 |
|
SP Business restructuring exp. |
1,400.8 |
192.5 |
0.0 |
510.1 |
539.4 |
|
SP L.Val.Inv.Secs.(1) |
- |
- |
- |
0.0 |
186.4 |
|
SP L on val. of inventories |
- |
- |
- |
- |
0.0 |
|
Loss on adju. for changes of accounting |
- |
0.0 |
48.0 |
0.0 |
- |
|
NOP Retire fixed asset |
23.9 |
39.0 |
63.9 |
42.2 |
48.2 |
|
Total Operating Expense |
53,500.8 |
55,593.8 |
51,564.9 |
49,917.4 |
47,379.6 |
|
|
|
|
|
|
|
|
NOP Interest Income |
27.1 |
37.9 |
31.8 |
45.6 |
77.3 |
|
Foreign Exchange Gains |
100.0 |
- |
- |
- |
- |
|
NOP Dividend Income |
27.3 |
40.6 |
39.7 |
40.6 |
115.3 |
|
NOP Equity Earning |
80.8 |
38.8 |
44.4 |
30.2 |
0.0 |
|
NOP Miscellaneous income |
125.0 |
123.3 |
137.8 |
154.3 |
121.4 |
|
NOP Interest Expense |
-87.8 |
-117.6 |
-136.9 |
-175.6 |
-174.3 |
|
NOP Equity Loss |
- |
- |
- |
0.0 |
-338.8 |
|
NOP Exchange Loss |
0.0 |
-22.9 |
-129.1 |
-45.2 |
-69.8 |
|
NOP Miscellaneous expense |
-126.1 |
-240.8 |
-212.1 |
-257.6 |
-217.4 |
|
SP G.Sale Inv.Secs. |
- |
0.0 |
109.3 |
964.7 |
34.7 |
|
SP G. change in equity |
- |
0.0 |
27.6 |
0.0 |
0.0 |
|
SP G on transfer of business |
- |
- |
0.0 |
23.8 |
0.0 |
|
Net Income Before Taxes |
-543.7 |
844.9 |
1,193.1 |
1,212.7 |
-1,127.7 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
292.4 |
379.9 |
562.2 |
169.7 |
4.1 |
|
Net Income After Taxes |
-836.1 |
465.0 |
630.8 |
1,042.9 |
-1,131.8 |
|
|
|
|
|
|
|
|
Minority interests in loss |
-42.7 |
75.8 |
12.1 |
-41.4 |
13.3 |
|
Net Income Before Extra. Items |
-878.8 |
540.9 |
642.9 |
1,001.5 |
-1,118.5 |
|
Net Income |
-878.8 |
540.9 |
642.9 |
1,001.5 |
-1,118.5 |
|
|
|
|
|
|
|
|
Income Available to Com Excl ExtraOrd |
-878.8 |
540.9 |
642.9 |
1,001.5 |
-1,118.5 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
-878.8 |
540.9 |
642.9 |
1,001.5 |
-1,118.5 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
2,069.3 |
2,069.5 |
2,069.7 |
2,058.7 |
2,067.8 |
|
Basic EPS Excluding ExtraOrdinary Items |
-0.42 |
0.26 |
0.31 |
0.49 |
-0.54 |
|
Basic EPS Including ExtraOrdinary Items |
-0.42 |
0.26 |
0.31 |
0.49 |
-0.54 |
|
Dilution Adjustment |
0.0 |
2.0 |
17.5 |
33.4 |
0.0 |
|
Diluted Net Income |
-878.8 |
542.8 |
660.4 |
1,034.9 |
-1,118.5 |
|
Diluted Weighted Average Shares |
2,069.3 |
2,085.9 |
2,197.3 |
2,281.0 |
2,067.8 |
|
Diluted EPS Excluding ExtraOrd Items |
-0.42 |
0.26 |
0.30 |
0.45 |
-0.54 |
|
Diluted EPS Including ExtraOrd Items |
-0.42 |
0.26 |
0.30 |
0.45 |
-0.54 |
|
DPS-Ordinary Shares |
0.06 |
0.13 |
0.12 |
0.09 |
0.08 |
|
Gross Dividends - Common Stock |
124.7 |
262.1 |
241.5 |
177.8 |
164.6 |
|
Normalized Income Before Taxes |
1,466.2 |
1,384.2 |
1,642.0 |
2,023.2 |
394.8 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
935.8 |
536.4 |
688.0 |
248.1 |
480.2 |
|
Normalized Income After Taxes |
530.4 |
847.8 |
954.1 |
1,775.2 |
-85.4 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
487.7 |
923.6 |
966.1 |
1,733.8 |
-72.1 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
0.24 |
0.45 |
0.47 |
0.84 |
-0.03 |
|
Diluted Normalized EPS |
0.24 |
0.44 |
0.45 |
0.77 |
-0.03 |
|
Research&Development |
2,784.7 |
3,018.7 |
2,756.5 |
2,420.4 |
2,487.0 |
|
Interest Expense |
87.8 |
117.6 |
136.9 |
175.6 |
174.3 |
|
BC - Depreciation of Goodwill |
171.5 |
- |
- |
- |
- |
|
Amort of Goodwill |
- |
191.2 |
- |
- |
- |
|
Amort of Goodwill |
- |
- |
182.2 |
250.9 |
162.1 |
|
BC - Depreciation of Fixed Assets |
2,150.1 |
- |
- |
- |
- |
|
Depreciation |
- |
2,462.6 |
- |
- |
- |
|
Depreciation |
- |
- |
2,424.6 |
2,493.4 |
2,807.5 |
|
Income taxes-current |
382.4 |
297.6 |
- |
- |
- |
|
Current Tax - Total |
382.4 |
297.6 |
- |
- |
- |
|
Income taxes-deferred |
-90.0 |
82.3 |
- |
- |
- |
|
Deferred Tax - Total |
-90.0 |
82.3 |
- |
- |
- |
|
Income Tax - Total |
292.4 |
379.9 |
- |
- |
- |
|
Reported Operating Profit |
1,148.3 |
1,333.6 |
1,547.3 |
1,015.4 |
684.4 |
|
Reported Ordinary Profit |
1,270.8 |
1,153.9 |
1,259.0 |
765.5 |
149.8 |
|
Retirement Benefit Expenses Service Cost |
41.8 |
- |
- |
- |
- |
|
Retirement Benefit Expenses Service Cost |
-272.7 |
- |
- |
- |
- |
|
Service cost |
484.6 |
508.0 |
454.3 |
421.7 |
380.2 |
|
Interest cost |
386.6 |
402.7 |
368.2 |
324.5 |
288.4 |
|
Expected return on plan asset |
-330.4 |
-336.3 |
-311.0 |
-250.1 |
-271.5 |
|
Exp. due to accounting change |
- |
- |
0.0 |
175.3 |
166.3 |
|
Retirement Benefit Expenses Actuarial Ga |
78.9 |
- |
- |
- |
- |
|
Actuarial G/L |
524.6 |
531.9 |
435.9 |
462.2 |
263.4 |
|
Retirement Benefit Expenses Prior Servic |
1.9 |
- |
- |
- |
- |
|
Prior service cost |
-228.6 |
-235.9 |
-217.4 |
-200.0 |
-190.1 |
|
Retirement Benefit Expenses Other |
176.5 |
- |
- |
- |
- |
|
Retirement Benefit Expenses Gain And Los |
0.4 |
- |
- |
- |
- |
|
Termination of defined benefits |
3.0 |
11.3 |
14.8 |
-0.9 |
0.0 |
|
Domestic Pension Plan Expense |
866.6 |
881.6 |
744.7 |
932.5 |
636.6 |
|
Service cost - Foreign |
- |
46.9 |
93.9 |
90.3 |
88.1 |
|
Interest cost - Foreign |
- |
343.9 |
347.5 |
309.7 |
321.5 |
|
Expected return on plan asset - Foreign |
- |
-305.8 |
-303.4 |
-266.9 |
-331.6 |
|
Actuarial G/L - Foreign |
- |
44.3 |
68.1 |
-1.6 |
-3.0 |
|
Prior service cost - Foreign |
- |
-1.5 |
-155.5 |
0.0 |
0.0 |
|
Foreigh Retirement Benefit Expenses Tota |
356.2 |
- |
- |
- |
- |
|
Termination of defined benefits-Foreign |
- |
1.4 |
1.3 |
0.0 |
0.0 |
|
Foreign Pension Plan Expense |
356.2 |
129.3 |
51.9 |
131.5 |
75.0 |
|
Defined Contribution Expense |
6.8 |
6.3 |
- |
- |
- |
|
Defined Contribution Expense - Domestic |
- |
- |
4.1 |
- |
- |
|
Defined Contribution Expense - Foreign |
- |
170.8 |
114.1 |
81.3 |
65.4 |
|
Total Pension Expense |
1,229.6 |
1,188.1 |
914.9 |
1,145.4 |
777.0 |
|
Discount Rate |
- |
- |
2.50% |
2.50% |
2.50% |
|
Expected Rate of Return |
- |
- |
2.90% |
2.90% |
2.80% |
Annual Balance Sheet
Financials in: USD (mil)
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
UpdateType/Date |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
Updated Normal |
|
Filed Currency |
JPY |
JPY |
JPY |
JPY |
JPY |
|
Exchange Rate |
94.088557 |
82.385362 |
82.88 |
93.44 |
98.77 |
|
Auditor |
Ernst &
Young ShinNihon LLC |
Ernst &
Young ShinNihon LLC |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Cash & Deposit |
2,152.2 |
2,591.5 |
4,269.9 |
3,453.9 |
4,947.2 |
|
Notes and accounts receivable-trade |
9,522.8 |
10,940.2 |
10,582.4 |
9,860.3 |
8,578.0 |
|
Short-term investment securities |
1,089.0 |
733.5 |
130.3 |
1,126.1 |
495.8 |
|
Inventories - merch &finished goods |
1,299.4 |
1,689.2 |
1,818.1 |
1,558.7 |
1,421.0 |
|
Inventories - work-in-process |
1,204.8 |
1,289.9 |
1,363.4 |
1,079.9 |
963.4 |
|
Inventories - raw materials & supplies |
929.7 |
1,076.5 |
938.2 |
810.7 |
718.2 |
|
Dfrd.Income Tax |
871.4 |
880.2 |
925.0 |
816.7 |
697.0 |
|
Other Assets |
1,364.0 |
1,610.8 |
1,394.1 |
1,498.1 |
1,373.3 |
|
Doubtful Account |
-128.4 |
-155.4 |
-178.3 |
-170.4 |
-83.6 |
|
Total Current Assets |
18,305.0 |
20,656.4 |
21,243.1 |
20,034.0 |
19,110.4 |
|
|
|
|
|
|
|
|
Buildings and structures, net |
2,922.1 |
3,454.9 |
3,352.4 |
2,923.1 |
2,681.4 |
|
Machinery and equipment, net |
855.8 |
1,114.7 |
1,216.3 |
1,184.1 |
1,291.2 |
|
Tools, furniture and fixtures, net |
1,339.9 |
1,502.3 |
1,521.5 |
1,471.6 |
1,542.1 |
|
Land |
1,157.9 |
1,403.3 |
1,417.5 |
1,279.2 |
1,142.4 |
|
Constr. in Prog. |
297.5 |
304.6 |
198.0 |
234.6 |
157.1 |
|
Software |
1,422.3 |
1,605.6 |
1,630.3 |
1,493.4 |
1,414.7 |
|
Goodwill |
314.3 |
819.6 |
966.3 |
1,005.4 |
470.9 |
|
Other Intangible |
254.3 |
370.1 |
443.5 |
489.3 |
254.0 |
|
Other investment security |
1,309.3 |
1,330.7 |
- |
- |
- |
|
Invest. Secs. |
- |
- |
1,385.5 |
1,435.8 |
2,486.6 |
|
Invt Secs Noncons, Asc, Affd Cos |
516.5 |
479.1 |
- |
- |
- |
|
Equity secs.-nonconsol affil.&sub. |
- |
- |
452.8 |
393.5 |
- |
|
Deferred tax assets |
712.3 |
792.2 |
869.8 |
891.3 |
731.5 |
|
Other Assets |
1,107.0 |
1,998.3 |
1,874.4 |
1,797.4 |
1,414.2 |
|
Allow.Doubt.Acct |
-22.4 |
-78.9 |
-83.7 |
-86.0 |
-75.3 |
|
Prepaid Pension Cost |
1,914.4 |
- |
- |
- |
- |
|
Total Assets |
32,406.2 |
35,752.8 |
36,487.7 |
34,546.8 |
32,621.1 |
|
|
|
|
|
|
|
|
Notes and accounts payable-trade |
6,023.7 |
7,498.4 |
7,290.8 |
6,710.0 |
5,352.9 |
|
Short-term loans payable |
2,864.6 |
824.6 |
1,514.9 |
533.9 |
1,171.9 |
|
LT debt(Current) |
- |
- |
- |
220.2 |
85.6 |
|
Cur.Port.Bond |
214.7 |
740.3 |
1,206.6 |
1,605.3 |
3,064.5 |
|
Lease liabilities |
152.9 |
191.7 |
295.2 |
318.8 |
419.5 |
|
Income Tax Pybl. |
247.8 |
226.1 |
285.0 |
286.0 |
195.7 |
|
Accrued Expenses |
3,430.4 |
4,157.8 |
3,898.9 |
3,579.4 |
3,026.9 |
|
Provision for business structure improve |
680.3 |
- |
- |
- |
- |
|
Reserve Product Warranty |
285.3 |
344.7 |
304.7 |
272.1 |
151.3 |
|
Res. for construction contract loss |
95.4 |
168.9 |
258.1 |
263.0 |
61.8 |
|
Provision for directors'' bonuses |
0.0 |
0.9 |
1.5 |
1.0 |
0.0 |
|
Other Liabs. |
2,675.5 |
3,051.6 |
3,136.9 |
2,906.0 |
2,167.2 |
|
Total Current Liabilities |
16,670.6 |
17,205.0 |
18,192.7 |
16,695.8 |
15,697.3 |
|
|
|
|
|
|
|
|
Corp. Bond |
2,233.0 |
2,067.1 |
2,175.4 |
2,463.6 |
3,855.4 |
|
Long-term loans payable |
373.5 |
994.4 |
783.9 |
1,356.9 |
767.4 |
|
LT Lease liabilities |
284.5 |
336.6 |
323.1 |
422.8 |
478.9 |
|
Total Long Term Debt |
2,891.0 |
3,398.2 |
3,282.4 |
4,243.3 |
5,101.8 |
|
|
|
|
|
|
|
|
Accrued Retire. |
1,897.0 |
2,190.8 |
2,190.8 |
2,208.9 |
1,389.3 |
|
Provision for business structure improve |
146.9 |
- |
- |
- |
- |
|
Provis. for purch. elec. computer Loss |
132.1 |
174.3 |
196.9 |
251.6 |
261.6 |
|
Res.Recycle Cost |
19.9 |
81.2 |
76.8 |
59.4 |
58.0 |
|
Reserve for product warranty |
23.3 |
24.3 |
26.6 |
38.4 |
0.0 |
|
Dfrd.Tax |
353.7 |
339.1 |
407.3 |
320.5 |
521.5 |
|
Reval.Dfrd.Tax |
5.3 |
6.1 |
6.9 |
6.2 |
5.8 |
|
Other LT Liabs. |
596.8 |
601.1 |
599.3 |
573.1 |
214.6 |
|
Equity Minority Interests |
1,363.7 |
1,523.1 |
1,598.2 |
1,601.6 |
1,788.3 |
|
Total Liabilities |
24,100.3 |
25,543.3 |
26,577.9 |
25,998.9 |
25,038.1 |
|
|
|
|
|
|
|
|
Common Stock |
3,450.2 |
3,940.3 |
3,916.8 |
3,474.2 |
3,286.7 |
|
Total capital surpluses |
2,512.8 |
2,869.8 |
2,852.8 |
2,525.5 |
2,395.6 |
|
Total retained earnings |
2,889.4 |
4,434.0 |
4,139.4 |
3,295.8 |
2,265.8 |
|
Treasury Stock |
-3.6 |
-3.9 |
-2.6 |
-29.1 |
-21.6 |
|
Valuation difference on available-for-sa |
266.5 |
165.8 |
163.7 |
171.3 |
523.0 |
|
Deferred hedge gain/loss |
-0.4 |
11.0 |
5.5 |
-0.3 |
29.2 |
|
Revalue of Land |
27.5 |
31.4 |
28.5 |
24.9 |
23.6 |
|
Currency Adjust. |
-837.2 |
-1,239.9 |
-1,195.2 |
-915.0 |
-919.6 |
|
New Stock Subscription Right |
0.9 |
0.9 |
0.9 |
0.6 |
0.3 |
|
Total Equity |
8,306.0 |
10,209.5 |
9,909.7 |
8,547.9 |
7,582.9 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders' Equity |
32,406.2 |
35,752.8 |
36,487.7 |
34,546.8 |
32,621.1 |
|
|
|
|
|
|
|
|
S/O-Ordinary Shares |
2,069.3 |
2,069.4 |
2,069.6 |
2,064.8 |
2,067.2 |
|
Total Common Shares Outstanding |
2,069.3 |
2,069.4 |
2,069.6 |
2,064.8 |
2,067.2 |
|
T/S-Ordinary Shares |
0.7 |
0.7 |
0.4 |
5.2 |
2.8 |
|
Number Of Employees |
168,733 |
173,155 |
- |
- |
- |
|
Full-Time Employees |
- |
- |
172,336 |
172,438 |
165,612 |
|
Total Number of Shareholders |
155,427 |
159,144 |
- |
- |
- |
|
Number of Common Shareholders |
- |
- |
162,900 |
168,791 |
170,846 |
|
Within One Year |
214.7 |
740.3 |
- |
- |
- |
|
Division And End Of Current Period Remai |
625.6 |
210.7 |
- |
- |
- |
|
LT Debt, mat. within 1 yr. |
- |
- |
2,068.1 |
1,825.5 |
3,150.1 |
|
Over One Year And Within Two Years |
637.7 |
245.2 |
- |
- |
- |
|
Lns Pble Maturing over a Yr within 2 Yrs |
42.2 |
716.6 |
- |
- |
- |
|
LT Debt, mat. b/w 1 & 2 yr. |
- |
- |
932.9 |
1,833.9 |
1,675.4 |
|
Over Two Years And Within Three Years |
745.0 |
728.3 |
- |
- |
- |
|
Lns Pble Maturg over 2 Yrs within 3 Yrs |
257.0 |
46.1 |
- |
- |
- |
|
LT Debt, mat. b/w 2 & 3 yr. |
- |
- |
653.1 |
748.6 |
1,368.3 |
|
Over Three Years And Within Four Years |
318.8 |
365.4 |
- |
- |
- |
|
Over Four Years And Within Five Years |
212.6 |
364.1 |
- |
- |
- |
|
Lns Pble Maturg over 3 Yrs within 4 Yrs |
71.0 |
152.7 |
- |
- |
- |
|
LT Debt, mat. b/w 3 & 4 yr. |
- |
- |
527.1 |
342.1 |
663.0 |
|
Lns Pble Maturg over 4 Yrs within 5 Yrs |
3.3 |
79.1 |
- |
- |
- |
|
LT Debt, mat. b/w 4 & 5 yr. |
- |
- |
484.1 |
467.3 |
105.3 |
|
Bond Redemption Remaining |
- |
364.1 |
- |
- |
- |
|
Other LT Debt |
- |
- |
0.2 |
428.6 |
810.9 |
|
Total Long Term Debt, Supplemental |
3,128.0 |
4,012.4 |
4,665.5 |
5,646.0 |
7,772.9 |
|
Capital lease mat. within 1 yr. |
152.9 |
191.7 |
295.2 |
318.8 |
419.5 |
|
Cap Lease Maturg over a Yr within 2 Yrs |
107.8 |
132.1 |
- |
- |
- |
|
Capital lease mat. b/w 1 & 2 yr. |
- |
- |
126.4 |
214.5 |
214.3 |
|
Cap Lease Maturg over 2 Yr within 3 Yrs |
72.7 |
82.2 |
- |
- |
- |
|
Capital lease mat. b/w 2 & 3 yr. |
- |
- |
80.1 |
86.8 |
139.4 |
|
Cap Lease Maturg over 3 Yr within 4 Yrs |
42.8 |
48.0 |
- |
- |
- |
|
Capital lease mat. b/w 3 & 4 yr. |
- |
- |
43.4 |
44.3 |
51.7 |
|
Cap Lease Maturg over 4 Yr within 5 Yrs |
23.6 |
25.6 |
- |
- |
- |
|
Capital lease mat. b/w 4 & 5 yr. |
- |
- |
22.1 |
21.5 |
25.5 |
|
Other Capital Lease Remaining |
37.6 |
- |
- |
- |
- |
|
Capital Lease Remaining |
- |
48.7 |
- |
- |
- |
|
Other Capital lease |
- |
- |
51.1 |
55.9 |
48.1 |
|
Total Capital Leases, Supplemental |
437.3 |
528.4 |
618.3 |
741.6 |
898.4 |
|
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, Supplemental |
- |
- |
1,034.0 |
1,050.9 |
676.4 |
|
Pension obligation |
15,219.9 |
15,773.6 |
15,445.8 |
13,576.9 |
12,132.4 |
|
Retirement Benefit Expenses Plan Assets |
11,356.7 |
- |
- |
- |
- |
|
Plan asset-pension retirement trust |
- |
11,001.8 |
10,426.9 |
9,373.0 |
7,609.7 |
|
Other plan asset |
- |
455.8 |
499.7 |
629.9 |
400.0 |
|
Funded status |
-3,863.2 |
-4,316.0 |
-4,519.2 |
-3,574.0 |
-4,122.7 |
|
Pension obligation - Foreign |
7,643.6 |
6,940.8 |
6,455.1 |
6,337.2 |
3,584.7 |
|
Fair value of plan asset - Foreign |
6,573.0 |
4,953.9 |
4,777.1 |
4,176.5 |
3,001.0 |
|
Funded status - Foreign |
-1,070.7 |
-1,987.0 |
-1,678.0 |
-2,160.7 |
-583.7 |
|
Total Funded Status |
-4,933.9 |
-6,303.0 |
-6,197.2 |
-5,734.6 |
-4,706.4 |
|
Discount rate |
1.70% |
2.50% |
2.50% |
2.50% |
2.50% |
|
Expected rate of return |
2.90% |
2.90% |
2.90% |
2.90% |
2.80% |
|
Discount rate - Foreign |
4.40% |
5.00% |
5.60% |
5.60% |
6.90% |
|
Expected rate of return - Foreign |
5.70% |
6.70% |
7.20% |
7.80% |
8.00% |
|
Retirement Benefit Expenses Unrecognized |
290.8 |
- |
- |
- |
- |
|
Exp. unrecog. for account change |
- |
- |
- |
0.0 |
166.7 |
|
Unrecog. actuarial G/L |
3,762.9 |
4,339.7 |
4,810.3 |
4,052.0 |
4,991.1 |
|
Unrecog. prior service cost |
-481.6 |
-795.3 |
-1,006.4 |
-1,092.0 |
-1,222.9 |
|
Prepaid pension |
531.6 |
634.9 |
666.0 |
611.5 |
734.1 |
|
Accrued pension benefit |
-1,113.5 |
-1,406.5 |
-1,381.3 |
-1,225.5 |
-921.8 |
|
Unrecog. actuarial G/L - Foreign |
1,672.6 |
1,322.0 |
896.7 |
1,177.9 |
116.9 |
|
Unrecog. prior service cost - Foreign |
1,382.7 |
119.3 |
28.3 |
0.6 |
0.7 |
|
Accrued pension benefit - Foreign |
-783.5 |
-784.3 |
-809.5 |
-983.4 |
-467.5 |
|
Net Assets Recognized on Balance Sheet |
5,262.2 |
3,429.8 |
3,204.1 |
2,541.0 |
3,397.3 |
Annual Cash Flows
Financials in: USD (mil)
|
|
31-Mar-2013 |
31-Mar-2012 |
31-Mar-2011 |
31-Mar-2010 |
31-Mar-2009 |
|
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) |
82.970472 |
78.961215 |
85.691434 |
92.941082 |
100.484331 |
|
Auditor |
Ernst &
Young ShinNihon LLC |
Ernst &
Young ShinNihon LLC |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified with
Explanation |
|
|
|
|
|
|
|
|
Income before Tax |
-543.7 |
844.9 |
1,193.1 |
1,212.7 |
-1,127.7 |
|
Depreciation |
2,150.1 |
2,462.6 |
2,424.6 |
2,493.4 |
2,807.5 |
|
Impairment loss |
753.9 |
41.0 |
18.4 |
31.2 |
748.3 |
|
Amort. of goodwill |
171.5 |
191.2 |
182.2 |
250.9 |
162.1 |
|
Increase (decrease) in provision |
503.4 |
-147.7 |
-531.0 |
-321.0 |
-120.5 |
|
Int.&Dividend Income |
-54.4 |
-78.6 |
-71.4 |
-86.3 |
-192.6 |
|
Interest Charges |
87.8 |
117.6 |
136.9 |
175.6 |
174.3 |
|
Equity in (earnings) losses of affiliate |
-80.8 |
-38.8 |
-44.4 |
-30.2 |
338.8 |
|
Loss on Asset Retire |
41.0 |
66.8 |
85.3 |
113.4 |
94.5 |
|
G/L sale investment secs |
- |
- |
-109.3 |
-964.7 |
-34.7 |
|
L on valuation of investment sec. |
- |
- |
- |
0.0 |
186.4 |
|
L on valuation of inventories |
- |
- |
- |
- |
0.0 |
|
Decrease (increase) in notes and account |
412.0 |
-429.5 |
299.8 |
526.5 |
1,264.8 |
|
Decrease (increase) in inventories |
207.4 |
58.9 |
-265.0 |
202.2 |
632.1 |
|
Increase (decrease) in notes and account |
-863.1 |
263.7 |
-20.0 |
-248.0 |
-2,237.9 |
|
Increase In Cash And Cash Equivalents Fr |
6.4 |
51.9 |
- |
- |
- |
|
Other, net |
-1,662.1 |
200.1 |
155.9 |
169.7 |
-14.9 |
|
Int.&Div.Rcvd. |
59.5 |
85.7 |
80.4 |
96.5 |
292.4 |
|
Interest Paid |
-86.7 |
-159.4 |
-130.5 |
-192.4 |
-184.4 |
|
Income Taxes Paid |
-239.9 |
-439.0 |
-422.9 |
-251.4 |
-319.5 |
|
Newly Consolidated |
- |
- |
- |
- |
87.3 |
|
Cash from Operating Activities |
862.2 |
3,091.5 |
2,982.0 |
3,178.2 |
2,556.3 |
|
|
|
|
|
|
|
|
Purchase of property, plant and equipmen |
-1,344.2 |
-1,745.0 |
-1,426.8 |
-1,232.2 |
-1,750.0 |
|
Proceeds from sales of property, plant a |
69.5 |
77.7 |
80.1 |
98.7 |
185.6 |
|
Purchase-Intangibles |
-776.8 |
-728.7 |
-696.6 |
-632.9 |
-658.0 |
|
Purch.Inv.Secs. |
-44.0 |
-80.5 |
-187.1 |
-254.6 |
-169.4 |
|
Sale Inv.Secs. |
54.0 |
71.1 |
409.8 |
1,256.9 |
155.3 |
|
Purch. of con.Subs. Secs.-inflow |
- |
0.6 |
8.3 |
542.5 |
0.0 |
|
Proceeds from transfer of business |
132.3 |
0.0 |
49.2 |
188.8 |
0.0 |
|
Other, net |
-37.1 |
-11.9 |
104.7 |
43.9 |
1.3 |
|
Cash from Investing Activities |
-1,946.2 |
-2,416.8 |
-1,658.4 |
11.0 |
-2,235.3 |
|
|
|
|
|
|
|
|
Net increase (decrease) in short-term lo |
1,783.9 |
-44.6 |
86.0 |
-870.0 |
810.3 |
|
Proceeds from long-term loans payable |
144.8 |
433.4 |
58.2 |
751.3 |
394.4 |
|
Repayment of long-term loans payable |
-209.3 |
-902.9 |
-180.8 |
-121.4 |
-30.9 |
|
Proc.Bond |
817.1 |
783.9 |
685.6 |
131.5 |
692.7 |
|
Redempt.Bond |
-846.3 |
-1,394.8 |
-1,851.4 |
-3,392.7 |
-1,680.9 |
|
Proceeds from sales of treasury stock |
0.1 |
0.2 |
0.3 |
0.3 |
0.0 |
|
Purchase of treasury stock |
-0.4 |
-1.6 |
-1.7 |
-244.1 |
0.0 |
|
Dividends Paid |
-278.5 |
-287.1 |
-270.6 |
-148.9 |
-243.4 |
|
Other, net |
-201.5 |
-346.4 |
-473.7 |
-466.8 |
-418.9 |
|
Cash from Financing Activities |
1,209.9 |
-1,759.9 |
-1,948.1 |
-4,360.9 |
-476.6 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
89.3 |
-78.6 |
-94.4 |
-10.6 |
-40.2 |
|
Net Change in Cash |
215.1 |
-1,163.8 |
-718.8 |
-1,182.3 |
-195.8 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
3,214.4 |
4,541.4 |
4,903.5 |
5,703.1 |
5,452.0 |
|
Net Cash - Ending Balance |
3,429.5 |
3,377.6 |
4,184.7 |
4,520.8 |
5,256.3 |
|
Cash Interest Paid |
86.7 |
159.4 |
130.5 |
192.4 |
184.4 |
|
Cash Taxes Paid |
239.9 |
439.0 |
422.9 |
251.4 |
319.5 |
Financial
Health
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
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Ratio
Comparisons
|
Traded: Over
The Counter: FJTSY |
Financials in: USD
(actual units) |
||||
|
Industry: Computer
Services |
As of 03-Jul-2013 |
||||
|
Sector: Technology |
|||||
|
|
Company |
Industry |
Sector |
S&P 500 |
|
|
Valuation Ratios |
|||||
|
- |
21.22 |
22.09 |
19.68 |
||
|
21.31 |
54.26 |
42.91 |
32.79 |
||
|
14.46 |
13.95 |
12.36 |
10.71 |
||
|
1.26 |
0.99 |
1.19 |
1.00 |
||
|
0.20 |
4.66 |
4.07 |
2.57 |
||
|
1.10 |
6.22 |
4.73 |
3.67 |
||
|
1.49 |
6.83 |
6.85 |
5.21 |
||
|
7.17 |
16.19 |
17.48 |
14.22 |
||
|
- |
25.08 |
23.00 |
26.26 |
||
|
|
|
|
|
|
|
|
Dividends |
|||||
|
3.03% |
1.60% |
1.65% |
2.26% |
||
|
0.41 |
0.67 |
0.71 |
1.99 |
||
|
-8.97% |
23.02% |
7.13% |
0.08% |
||
|
- |
8.63% |
10.38% |
25.98% |
||
|
|
|
|
|
|
|
|
Growth Rates (%) |
|||||
|
-2.61% |
13.16% |
28.50% |
15.58% |
||
|
-1.92% |
11.83% |
18.25% |
17.69% |
||
|
-3.85% |
18.85% |
16.94% |
8.97% |
||
|
-57.13% |
23.19% |
41.24% |
19.49% |
||
|
-275.33% |
21.40% |
49.53% |
32.55% |
||
|
- |
26.25% |
20.44% |
9.86% |
||
|
-11.87% |
17.39% |
9.78% |
-2.04% |
||
|
|
|
|
|
|
|
|
Financial Strength |
|||||
|
0.89 |
2.39 |
1.98 |
1.24 |
||
|
1.10 |
2.63 |
2.38 |
1.79 |
||
|
0.35 |
0.63 |
0.31 |
0.64 |
||
|
0.74 |
0.75 |
0.36 |
0.73 |
||
|
- |
7.89 |
11.30 |
13.80 |
||
|
|
|
|
|
|
|
|
Profitability Ratios (%) |
|||||
|
27.47% |
54.52% |
55.32% |
45.21% |
||
|
26.99% |
52.13% |
53.24% |
44.91% |
||
|
6.57% |
26.04% |
25.78% |
24.43% |
||
|
7.36% |
24.51% |
21.39% |
22.84% |
||
|
-1.31% |
22.77% |
22.29% |
20.63% |
||
|
0.45% |
18.97% |
17.62% |
18.28% |
||
|
-1.03% |
23.78% |
22.54% |
17.95% |
||
|
0.54% |
20.44% |
18.75% |
17.10% |
||
|
-1.58% |
18.27% |
17.35% |
13.65% |
||
|
0.02% |
15.24% |
12.72% |
12.10% |
||
|
- |
25.50% |
23.73% |
28.45% |
||
|
96.26% |
30.98% |
24.82% |
29.92% |
||
|
|
|
|
|
|
|
|
Management Effectiveness (%) |
|||||
|
-2.31% |
12.59% |
12.89% |
8.54% |
||
|
0.03% |
11.30% |
10.70% |
8.40% |
||
|
-5.04% |
10.99% |
13.09% |
7.90% |
||
|
0.06% |
10.17% |
11.50% |
8.27% |
||
|
-8.99% |
35.77% |
25.23% |
19.72% |
||
|
0.14% |
27.98% |
21.05% |
20.06% |
||
|
|
|
|
|
|
|
|
Efficiency |
|||||
|
256,655.60 |
631,678.68 |
617,868.03 |
927,613.77 |
||
|
-4,063.46 |
162,126.11 |
132,630.14 |
116,121.92 |
||
|
4.94 |
6.40 |
8.08 |
13.25 |
||
|
9.67 |
20.46 |
19.61 |
14.53 |
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1.46 |
0.77 |
0.75 |
0.93 |
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Annual
Ratios
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
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Stock
Report
Stock Snapshot
Traded: Over The Counter: FJTSY
As of 3-Jul-2013 US Dollars
Recent Price $20.53 EPS $0.97
52 Week High $23.80 Price/Sales 0.20
52 Week Low $16.91 Dividend Rate $0.62
Avg. Volume (mil) 0.00 Price/Book 1.10
Market Value (mil) $8,732.86 Beta 1.26
Price % Change Rel S&P 500%
4 Week -2.00% -1.31%
13 Week -2.89% -7.57%
52 Week -13.92% -27.86%
Year to Date -1.20% -13.65%
2
Year Weekly End Price & Volume
Stock History
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.36 |
|
UK Pound |
1 |
Rs.101.20 |
|
Euro |
1 |
Rs.84.54 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 SC’s 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.