Fujitsu 2012 Annual Report Download - page 29

Download and view the complete annual report

Please find page 29 of the 2012 Fujitsu annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 145

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145

Steady Progress in Boosting Profit Margins
Our priority for fiscal 2012 is to improve operating income.
First, we are targeting a recovery in the operating income
margin to 3% on a consolidated basis, roughly the same level as
in fiscal 2010. In the Group’s core business, Technology Solutions,
we are making steady progress in boosting profit margins, with a
target for fiscal 2012 of 6%.
Targeting Top- and Bottom-Line Growth
Our consolidated business forecasts for fiscal 2012 are as follows:
we are projecting net sales of ¥4,550.0 billion, up ¥82.4 billion
year on year; operating income of ¥135.0 billion, up ¥29.6 bil-
lion; and net income of ¥60.0 billion, a year-on-year improve-
ment of ¥17.2 billion. As these sales and income figures suggest,
our goal is top- and bottom-line growth for the year.
Net Sales
Net Income
Operating
Income
(Margin)
4,467.5
Billions of yen
42.7
Billions of yen
105.3
Billions of yen
(2.4%) (3.0%)
4,550.0
Billions of yen
60.0
Billions of yen
135.0
Billions of yen
+82.4
Billions of yen
+29.6
Billions of yen
+0.6
Point
)(
+17.2
Billions of yen
(Billions of yen) (Billions of yen)
Consolidated Technology Solutions
FY 2011
Results YoY
FY 2012
Forecast
94.3
2.0%
105.3
2.4%
132.5
2.9%
2010 2011 2012 2013
135.0
3.0%
153.5
4.9%
171.2
5.8%
162.8
5.4%
2010 2011 2012 2013
180.0
6.0%
n n
Operating Income
Operating Income Margin
n n
Operating Income
Operating Income Margin
(forecast) (forecast)
(Years ended March 31) (Years ended March 31)
In conclusion, as our management stance, the top- and bottom-
line growth objective stated for fiscal 2012 is the starting point
for putting the Fujitsu Group back on track for growth. Our first
target for the year is to reclaim an operating income margin of
3%. Our medium-term sights are then set on raising this margin
to 5%. To hit this target, the Group will need to work as one to
get growth back on track in fiscal 2012.
“Reshaping ICT-Reshaping Business” has been raised as the
key business theme for fiscal 2012. Our pledge at Fujitsu is to
leverage the ever-evolving potential of ICT to bring greater inno-
vation to society at large and to the businesses of our customers.
As a trusted and valued partner to our customers, the Fujitsu
Group will work together with stakeholders to seek new growth
horizons in fiscal 2012.
Fiscal 2012— Consolidated Operating Income Business Forecasts for Fiscal 2012
Fiscal 2012 Is the Starting Point for Getting Back on Track for Growth
027
FUJITSU LIMITED ANNUAL REPORT 2012
Focus