Fujitsu nowadays suggested a consolidated internet profit of forty two.7 billion yen (or equal to US $ 521 million) for monetary year 2011 (April 1, 2011 – March 31, 2012). This achievement become 7.7 billion yen better than the revised consolidated goal and announced in January 2012. running sales additionally surpassed projections, with the aid of five.three billion yen, following cost cuts and austerity efforts.
Consolidated net income for the financial year 2011 totaled four,467.five billion yen (US $ 54,482 million), or reduced by using 1.3% as compared to the achievement of financial 12 months 2010. outside of the impact of currency exchange fee fluctuations, however, the income success is identical to the economic 12 months previous. internet sales recorded in Japan are basically now not an awful lot special from the preceding monetary 12 months. sales of car audio and navigation structures, in addition to LSI gadget, have hit manufacturing adjustments on the patron aspect following the floods that took place in Thailand. in addition, sales of LSI equipment and electronics components had been impacted by means of weak call for, and server-associated income also declined because of the shortage of big-scale system agreements. The growing recognition of smartphones, but, has extended the sales of community merchandise, including cell telephone primarily based stations, and cellular smartphone income by myself. sales outside Japan fell with the aid of five.1%. past the effect of exchange charge fluctuations, but, sales have now not changed compared to the economic yr. UNIX I and North American server income and digital issue sales declined, despite the fact that pc sales extended, particularly in rising nations in the EMEA vicinity.
running sales declined below financial 2010 by means of 27.2 billion yen, which totaled 105.three billion yen (equivalent to US $ 1,284 million). The running earnings margin of 2.4%, reduced zero.5 percent point in comparison to the previous monetary yr. outside of the tremendous impact of higher community product sales, revenue declined because of lower LSI device income and electronic additives, and better R & D funding in community products and cloud offerings.
Pre-tax revenues and minority hobby decreased in comparison to the previous financial year of 35.5 billion yen, reaching sixty six.7 billion yen. Fujitsu cited the restructuring expenses of the 15.1 billion yen issued at one time related to the choice to send Iwate factory and personnel from the LSI device business, as well as the decision to restructure the car audio production and navigation device operations in Japan, and the burden of service-related commercial enterprise financial savings, mainly in Europe and North america. Losses of as much as 7.five billion yen had been additionally indexed for prices related to manufacturing facility harm because of the effect of the earthquake that struck eastern Japan and the overheads that passed off during the manufacturing shutdown due to troubles with clients.
similarly, taxes decreased by means of 18.1 billion yen in comparison to monetary yr 2010, which reached 29.9 billion yen. although the revised tax regulation has raised the earnings tax fee due to the reversal of deferred tax assets, all relevant tax quotes decreased because of the liquidation of subsidiaries in Europe and the implementation of the stock switch as a result of the reorganization of the group groups had an effect at the reduction of the tax burden.
Fujitsu posted a internet earnings of forty two.7 billion yen (equivalent to US $ 521 million). This turned into recorded better than the January forecast, however reduced through 12.3 billion yen as compared to financial year 2010.
Fujitsu President Masami Yamamoto stated, “in the fourth quarter, we can supply solid economic overall performance with working earnings of 95.zero billion yen after experiencing shocks throughout the first 3 quarters as we ought to cope with the consequences of the Japan earthquake and the flood of Thailand.” He persevered that the 2012 economic 12 months might be the 12 months wherein “Fujitsu group companies managed to regain strong sales and profit increase by sporting out competitive reforms.”
In monetary 2011, Fujitsu determined to pay a dividend of five yen in line with share and an annual dividend of 10 yen in keeping with proportion, equal to dividends paid for monetary yr 2010.
effects of the business segment
Consolidated internet income for the generation answers section totaled 2,934.9 billion yen (equal to US $ 35,791 million), down 2.6% from a yr in advance. The segment recorded revenues of 171.2 billion yen (US $ 2.088 million), up 8.four billion yen from a 12 months earlier consistent with the growth in sales of japanese merchandise and profitability in service groups in Europe.
internet sales for the answers phase reached 1,154.2 billion yen (US $ 14,076 million), an increase