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Fiscal Year Ended March 31, 2014 (Fiscal 2013) in Review
Fujitsu positioned fiscal 2013 as a year of structural reforms, and pushed ahead with workforce-related measures and
structurally reformed underperforming businesses. In addition to reaping the benefits of these initiatives, we saw the
Technology Solutions segment grow steadily, mainly in Japan. As a result, we achieved our initial net sales and operating
income forecasts. Net sales were ¥4,762.4 billion, against an initial forecast of ¥4,550.0 billion, and operating income
was ¥142.5 billion, the initial forecast having been ¥140.0 billion. Fujitsu also returned to profitability, posting net
income of ¥48.6 billion, again beating the initial target of ¥45.0 billion.
Fiscal 2013 was a year of intense structural reforms. We under-
took workforce-related measures and conducted a far-reaching
reorganization of underperforming businesses. As a result, we
have successfully rebuilt the structure of the company, giving it
the capability to respond to a variety of changes in the market.
Looking at our actual businesses, the Japanese economy started
to expand from the second half of fiscal 2013, leading to steady
growth in businesses centered on the Technology Solutions
segment. Notably, in Japan we saw orders and sales increase
quarter after quarter. In the Technology Solutions segment, net
A REVIEW OF FISCAL 2013
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04/04 05/03 06/03 07/03 08/03 09/03 10/03 11/03 12/03 13/03 14/03
FISCAL 2013 FINANCIAL RESULTS
STOCK PRICE (10 YEARS)
FY2012
(J-GAAP)
FY2013
(J-GAAP)
Change vs.
FY2012
FY2013
(IFRS)
Consolidated
Results
Net Sales 4,381.7 4,762.4 +380.7 4,762.4
Operating Income 88.2 142.5 +54.2 147.2
Extraordinary Gains or Losses –150.5 –47.7 +102.8 ―
Net Income* –79.9 48.6 +128.5 113.2
Operating
Income
(by Sector)
Technology Solutions 173.9 209.1 +35.1 233.0
Ubiquitous Solutions 9.6 –22.1 –31.7 –26.8
Device Solutions –14.2 28.3 +42.6 11.5
* In IFRS, profit attributable to owners of the parent company
* The auditing of IFRS figures is not yet complete.
sales increased by 10% year on year, and operating profit rose by
over 20%. Consequently, coupled with the benefits of structural
reform measures, we attained the net sales and operating
income targets set at the beginning of the fiscal year. Consoli-
dated net sales rose 8.7% year on year to ¥4,762.4 billion
against an initial forecast of ¥4,550.0 billion, and operating
income was ¥142.5 billion against an initial forecast of ¥140.0
billion. Fujitsu also restored bottom-line profitability, with net
income improving ¥128.5 billion to ¥48.6 billion.
(Billion Yen)
Stock Price
(Yen)
Trading Volume
(Millions of Shares)
Stock Price (left scale) Trading Volume (right scale) * Stock prices are closing prices on the last trading day of the month
017
FUJITSU LIMITED ANNUAL REPORT 2014
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