FY2014. Consolidated Financial Results for the Fiscal Year Ended March 31, Hidehiro Tsukano. Fujitsu Limited CFO.

Transcription

1 April 30, 2015 Consolidated Financial Results for the Fiscal Year Ended March 31, 2015 Fujitsu Limited CFO Hidehiro Tsukano Copyright 2015 FUJITSU LIMITED

2 Contents 1. Financial Results for (1).Financial Results / Quarterly Breakdown of Results / Business Segment Information (2).Cash Flows (3).Assets,Liabilities and Equity 2. Earnings Forecast for (1).Financial Forecast / Business Segment Information (Reference) (1).Miscellaneous Forecasts for (2).Geographical Information 1 Copyright 2015 FUJITSU LIMITED

3 1. Financial Results for (1).Financial Results / Quarterly Breakdown of Results / Business Segment Information (2).Cash Flows (3). Assets,Liabilities and Equity 2. Earnings Forecast for (1).Financial Forecast / Business Segment Information (Reference) Contents (1).Miscellaneous Forecasts for (2).Geographical Information 2 Copyright 2015 FUJITSU LIMITED

4 Financial Results for Financial Results vs. Jan forecast Revenue 4, , Operating Profit [Operating Profit Margin] [3.1%] [3.8%] [0.7%] [-0.1%] Profit before Income Taxes Profit for the Year Attributable to Owners of the Parent Ratio of Revenue outside Japan 37.8% 39.6% 1.8% 0.8% U.S. Dollar(Yen) euro(yen) British pound(yen) Copyright 2015 FUJITSU LIMITED

5 Financial Results for Financial Results Revenue Technology Solutions 3, , Services 2, , System Platforms Ubiquitous Solutions 1, , Device Solutions Other/Elimination and Corporate Operating Profit Technology Solutions Services System Platforms Ubiquitous Solutions Device Solutions Other/Elimination and Corporate Copyright 2015 FUJITSU LIMITED

6 Financial Results for Quarterly Breakdown of Results Q1 Q2 Q3 Q4 Consolidated Revenue 1, , , , ,753.2 YOY Operating Profit YOY Technology Solutions Revenue , ,302.8 YOY Operating Profit YOY Ubiquitous Solutions Revenue ,062.8 YOY Operating Profit YOY Device Solutions Revenue YOY Operating Profit YOY Copyright 2015 FUJITSU LIMITED

7 Financial Results for Business Segment Information Technology Solutions [ Revenue and Operating profit ] Revenue Operating profit 3, ,302.8 Technology Solutions Revenue 3, , Services 2, , System Platforms Operating profit [Operating profit margin] [7.2%] [6.7%] [-0.5%] Revenue(breakdown) Japan 2, , Outside Japan 1, , Copyright 2015 FUJITSU LIMITED

8 Financial Results for Business Segment Information Technology Solutions (Services) [ Revenue and Operating profit ] Revenue Operating profit 2, ,706.2 Services Revenue 2, , Solutions / SI Infrastructure Services 1, , Operating profit [Operating profit margin] [6.6%] [6.5%] [-0.1%] Revenue(breakdown) Japan 1, , Outside Japan 1, , Copyright 2015 FUJITSU LIMITED

9 Financial Results for Business Segment Information Technology Solutions (System Platforms) [ Revenue and Operating profit ] Revenue Operating profit System Platforms Revenue System Products Network Products Operating profit [Operating profit margin] [9.6%] [7.6%] [-2.0%] Revenue(breakdown) Japan Outside Japan Copyright 2015 FUJITSU LIMITED

10 Financial Results for Business Segment Information Ubiquitous Solutions [ Revenue and Operating profit ] Revenue Operating profit Ubiquitous Solutions Revenue 1, , , ,062.8 PCs /Mobile Phones Mobilewear Operating profit [Operating profit margin] [-2.4%] [0.8%] [3.2%] Revenue(breakdown) Japan Outside Japan Copyright 2015 FUJITSU LIMITED

11 Financial Results for Business Segment Information Device Solutions [ Revenue and Operating profit ] Revenue Operating profit Device Solutions Revenue(breakdown) Revenue LSI Electronic Components Operating profit [Operating profit margin] [1.9%] [6.2%] [4.3%] LSI Electronic Components Japan Outside Japan Copyright 2015 FUJITSU LIMITED

12 Financial Results for Cash Flows Ⅰ Net Cash Provided by Operating Activities Ⅱ Net Cash Used in Investing Activities Ⅰ+Ⅱ Free Cash Flow Ⅲ Net Cash Used in Financing Activities Ⅳ Cash and Cash Equivalents at End of Year Copyright 2015 FUJITSU LIMITED

13 Financial Results for Year-end Year-end Total Assets 3, , Total Liabilities 2, , Total Equity Total Equity Attributable to Owners of the Parent Reference; Financial Indices [Retained earnings] [Other Components of Equity] Interest-bearing Loans Net Interest-bearing Loans D/E Ratio (Times) Net D/E Ratio (Times) Equity Attributable to Owners of the Parent Ratio 18.2% 24.2% 6.0% ROE * 23.2% 20.6% -2.6% * Return on Equity Attributable to Owners of the Parent Assets,Liabilities and Equity 12 Copyright 2015 FUJITSU LIMITED

14 1. Financial Results for (1).Financial Results / Quarterly Breakdown of Results / Business Segment Information (2).Cash Flows (3).Assets,Liabilities and Equity 2. Earnings Forecast for (1).Financial Forecast / Business Segment Information (Reference) Contents (1).Miscellaneous Forecasts for (2).Geographical Information 13 Copyright 2015 FUJITSU LIMITED

15 Earnings Forecast for Financial Forecast Revenue 4, , Operating Profit [Operating Profit Margin] [3.8%] [3.1%] [-0.7%] Profit for the Year Attributable to Owners of the Parent Ratio of Revenue outside Japan 39.6% 39.2% -0.4% U.S. Dollar (Yen) euro (Yen) British pound (Yen) Copyright 2015 FUJITSU LIMITED

16 Earnings Forecast for Financial Forecast Revenue Operating Profit Technology Solutions 3, , Services 2, , System Platforms Ubiquitous Solutions 1, , Device Solutions Other/Elimination and Corporate Technology Solutions Services System Platforms Ubiquitous Solutions Device Solutions Other/Elimination and Corporate Copyright 2015 FUJITSU LIMITED

17 Earnings Forecast for Business Segment Information Technology Solutions [ Revenue and Operating profit ] Revenue Operating profit Technology Solutions 3, ,360.0 Revenue 3, , Services 2, , System Platforms Operating profit [Operating profit margin] [6.7%] [7.0%] [0.3%] Revenue(breakdown) Japan 2, , Outside Japan 1, , Copyright 2015 FUJITSU LIMITED

18 Earnings Forecast for Business Segment Information Technology Solutions (Services) [ Revenue and Operating profit ] Revenue Operating profit 2, ,760.0 Services Revenue 2, , Solutions / SI , Infrastructure Services 1, , Operating profit [Operating profit margin] [6.5%] [6.7%] [0.2%] 17 Copyright 2015 FUJITSU LIMITED

19 Earnings Forecast for Business Segment Information Technology Solutions (System Platforms) [ Revenue and Operating profit ] Revenue Operating profit System Platforms Revenue System Products Network Products Operating profit [Operating profit margin] [7.6%] [8.3%] [0.7%] 18 Copyright 2015 FUJITSU LIMITED

20 Earnings Forecast for Business Segment Information Ubiquitous Solutions [ Revenue and Operating profit ] Revenue Operating profit 1, ,050.0 Ubiquitous Solutions Revenue 1, , PCs /Mobile Phones Mobilewear Operating profit [Operating profit margin] [0.8%] [0.0%] [-0.8%] Revenue(breakdown) Japan Outside Japan Copyright 2015 FUJITSU LIMITED

21 Earnings Forecast for Business Segment Information Device Solutions [ Revenue and Operating profit ] Revenue Operating profit Device Solutions Revenue LSI Electronic Components Operating profit [Operating profit margin] [6.2%] [4.8%] [-1.4%] Revenue(breakdown) Japan Outside Japan Copyright 2015 FUJITSU LIMITED

22 1. Financial Results for (1).Financial Results / Quarterly Breakdown of Results / Business Segment Information (2).Cash Flows (3).Assets,Liabilities and Equity 2. Earnings Forecast for (1).Financial Forecast / Business Segment Information (Reference) Contents (1).Miscellaneous Forecasts for (2).Geographical Information 21 Copyright 2015 FUJITSU LIMITED

23 (Reference) Miscellaneous Forecasts for 1. Cash Flows 2. Dividends (Yen) (A) CF from Operating Activities (B) CF from Investing Activities (A)+(B) Free Cash Flows End of First Half End of Fiscal Year Annual Copyright 2015 FUJITSU LIMITED

24 (Reference) Miscellaneous Forecasts for 3. Exchange Rate(Average) (Yen) U.S. dollar euro British pound Impact of 1 Yen Appreciation on Operating Profit U.S. dollar euro British pound R&D Expenses R&D Expenses As % of Revenue 4.7% 4.3% 4.1% 6. Shipments (Millions of units) PC Mobile Phone Copyright 2015 FUJITSU LIMITED

25 (Reference) Miscellaneous Forecasts for 7. Capital Expenditures and Depreciation (Property, Plant and Equipment) Technology Solutions Ubiquitous Solutions Device Solutions Other / Corporate Capital Expenditures Depreciation Copyright 2015 FUJITSU LIMITED

26 (Reference) Geographical Information Japan Outside Japan EMEIA Americas Asia Oceania Revenue 3, , Operating Profit Revenue 1, , Operating Profit Revenue Operating Profit Revenue Operating Profit Revenue Operating Profit Revenue Operating Profit Note; Revenue and Operating profit based on locations of Fujitsu and its Subsidiaries. EMEIA Europe, Middle East, India and Africa 25 Copyright 2015 FUJITSU LIMITED

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28 Cautionary Statement These presentation materials and other information provided at the meeting 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 forwardlooking statements due to, but not limited to, the following factors: Macro-economic environments and market trends in the principle geographic markets for Fujitsu s services and products, which are Japan, EMEIA, the Americas, Asia, Oceania and elsewhere, particularly such conditions that may effect customers IT spending; Rapid technological change, fluctuations in customer demand and intensifying price competition in IT, telecommunications, and electronic device markets in which Fujitsu competes; Fujitsu s ability to dispose of non-core businesses and related assets through strategic alliances and sales on commercially reasonable terms, and the impact of losses which may result from such transactions; Uncertainties as to Fujitsu s access to, or protection for, certain intellectual property rights; Uncertainty as to the performance of Fujitsu s strategic business partners; Declines in the market prices of Japanese and foreign equity securities held by Fujitsu which could cause Fujitsu to recognize significant losses in the value of its holdings and require Fujitsu to make significant additional contributions to its pension funds in order to make up shortfalls in minimum reserve requirements resulting from such declines; Poor operating results, inability to obtain financing on commercially reasonable terms, insolvency or bankruptcy of Fujitsu s customers, or any such factor that could adversely impact or preclude these customers ability to timely pay accounts receivables owed to Fujitsu; and Fluctuations in rates of exchange for the yen and other currencies in which Fujitsu makes significant sales and profits or in which Fujitsu s assets and liabilities are denominated, particularly between the yen and Euro, British pound and U.S. dollar.