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| Thursday, 30 July 2009, 18:19 HKT/SGT | |
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Source: Fujitsu Ltd | |
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TOKYO, July 30, 2009 - (ACN Newswire) - Fujitsu announced today that it has revised its consolidated earnings projections for fiscal 2009, previously announced on April 30, 2009.
1. Revised Consolidated Earnings Projections
Revised Projections for First-Half FY 2009 (April 1, 2009 - September 30, 2009)
(Billion Yen)
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Net Operating Net Income/
Sales Income/Loss Loss
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Previous Projection (A) 2,200.0 -50.0 -65.0
Current Projection (B) 2,210.0 -35.0 -55.0
Change (B-A) 10.0 15.0 10.0
Percent Change 0.5% - -
Results for
First-Half FY 2008 2,453.7 38.5 4.6
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Revised Projections for Full-Year FY 2009 (April 1, 2009 - March 31, 2010)
(Billion Yen)
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Net Operating Net Income/
Sales Income/Loss Loss
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Previous Projection (A) 4,800.0 80.0 20.0
Current Projection (B) 4,820.0 90.0 25.0
Change (B-A) 20.0 10.0 5.0
Percent Change 0.4% 12.5% 25.0%
Results for FY 2008 4,692.9 68.7 -112.3
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2. Reasons for Revisions to Earnings Projections
(1) First-Half FY 2009
The operating loss projection has been revised to 35.0 billion yen, an improvement of 15.0 billion yen compared with the previous forecast in April 2009. Market conditions for electronic components and car audio and navigation products have improved beyond expectations, while increased sales and enhanced cost efficiency in the mobile phone business have also bolstered profitability. The net loss projection was revised for the same reason.
(2) Full-Year FY 2009
The operating income projection has been revised to 90.0 billion yen, an increase of 10.0 billion yen from the previous forecast due to improved market conditions for electronic components. The net income projection was revised for the same reason.
* These materials may contain forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results may differ materially from those projected or implied in the forward-looking statements.
Contact:
Fujitsu Ltd
Public and Investor Relations
http://www.fujitsu.com/global/news/contacts/
+81-3-3215-5259
Topic: Earnings
Source: Fujitsu Ltd
Sectors: IT Individual
http://www.acnnewswire.com
From the Asia Corporate News Network
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