Fujitsu 2012 Annual Report Download - page 49

GRAPH 5GRAPH 4GRAPH 3
Capital ExpenditureOperating Income (Loss)/
Operating Income Margin
Sub-segment Sales*
(Years ended March 31)(Years ended March 31)(Years ended March 31)
* Including intersegment sales
n n Operating income (Loss) (left scale)
Operating income margin (right scale)
n n LSI Devices
nn
Electronic Components, Others
0
200
400
1,000
800
600
880.1
650.1
288.5
584.7
343.7
258.6
327.1
271.4
630.6
320.0
247.9
589.0
406.6
354.9
530.8
20092008 2010 2011 2012 –80
0
15
30
–10.1
–1.7
–9.0
–1.5
–75.8
–11.7
2008 2009 2010 2011 2012
20.9
19.2
3.3
2.2
10
5
0
–15 0
30
120
90
60
150
120.9
42.8 47.2
39.4
31.9
2008 2009 2010 2011 2012
(Billions of yen) (Billions of yen) (%) (Billions of yen)
flooding in Thailand. Electronic compo-
nent sales also fell due to decreased
demand for semiconductor packages.
Sales outside Japan were also lower, even
excluding the impact of foreign exchange
rates. In LSIs, sales were brisk for image
processing LSIs used in smartphones. In
electronic components, however, sales of
semiconductor packages and LCD mod-
ules declined, primarily in Asia.
The segment posted an operating
loss of ¥10.1 billion, a deterioration of
¥31.1 billion from operating income in
fiscal 2010. GRAPH 4 In Japan, LSI
earnings were affected by lower revenue,
while earnings for electronic components
were hampered by lower sales and rising
prices for materials, as well as the impact
of foreign exchange rates.
Initiatives Going Forward
In April 2012, the Fujitsu Group finalized
an agreement to transfer ownership of
the Iwate Plant to DENSO CORPORATION.
Since 2009, Fujitsu has been pursuing a
unique “fab-lite” ? business model, out-
sourcing advanced process technologies
for 40 nm and beyond to Taiwan Semicon-
ductor Manufacturing Company (TSMC).
The transfer of ownership of the Iwate
Plant is in line with this plan, and will
help Fujitsu to optimize manufacturing
resources while continuing to ensure a
stable supply of products to customers,
thereby enhancing the business founda-
tion and improving corporate manage-
ment in the Fujitsu Group’s LSI business.
As Fujitsu establishes its unique
fab-lite business model going forward,
ASICs ? and microcontrollers ? will be at
the center of business, with imaging,
wireless and other ASSPs ? positioned as
priority fields in pursuing growth.
In ASICs, Fujitsu will lead in offering
ASIC solutions based on advanced 28 nm
processing technology offered to custom-
ers in an optimal package. At the same
time, Fujitsu is poised to meet a wide
range of needs by assembling a wealth
of IP ? to support customers’ state-of-the-
art SoC ? development.
As for microcontrollers, in addition to
its own original cores, Fujitsu from 2010
began offering globally viable microcon-
trollers that incorporate ARM’s
Coretex™-M3 cores. Looking ahead,
Fujitsu will further enhance its microcon-
troller lineup, adding high-performance
automotive microcontrollers with graph-
ics functions to the available options, in
order to deliver optimal products for a
host of applications.
In ASSPs*, Fujitsu’s market strategy is
to draw together cutting-edge LSI tech-
nologies to develop products that deliver
high performance and outstanding func-
tionality for mobile phones, PCs, com-
munications networks and a range of
other systems.
*Transfer scheduled for October 1, 2012
Performance
047
FUJITSU LIMITED ANNUAL REPORT 2012