Slide 1: 1Q FY2025 Consolidated Financial Results
1Q FY2025 Consolidated Financial Results July 30, 2025 Fujitsu Limited 1 © 2025 Fujitsu Limited
Slide 2: Financial Results for 1Q FY2025
Financial Results for 1Q FY2025 2 © 2025 Fujitsu Limited
Slide 3: FY 2025 1Q Results: Overview
FY 2025 1Q Results: Overview Service Solutions (Billions of yen) ▎ Revenue up 2.6% from the previous year (up vs 6% in Japan) Revenue 514.6 LY +2.6% ▎ In addition to higher revenue, profitability Adjusted vs also improved. The profit margin increased by Operating Profit 47.8 LY +12.8 2.3％ from the p
Slide 4: Consolidated PL (1Q)
Consolidated PL (1Q) In addition to progress in improving profitability in continuing operations, primarily Service Solutions, we recorded a gain on a sale in discontinued operations (SHINKO ELECTRIC INDUSTRIES) (Billions of yen) 1Q FY2024 1Q FY2025 Change (％) Revenue 759.2 749.8 -9.4 -1.2 Adjusted
Slide 5: Business Segment Information
Business Segment Information (Billions of yen) 1Q FY2024 1Q FY2025 Change (%) Revenue 501.6 514.6 13.0 2.6 Service Solutions Adj. Operating Profit 34.9 47.8 12.8 36.8 [%] [7.0%] [9.3%] [2.3%] Hardware Revenue 228.5 202.1 -26.4 -11.6 Solutions Adj. Operating Profit -3.6 1.3 5.0 - Ubiquitous Revenue 4
Slide 6: Business Segment Information (Adjusted)
Business Segment Information (Adjusted) 6 © 2025 Fujitsu Limited
Slide 7: Service Solutions
Service Solutions ◼ Service Solutions (Billions of yen) ▎ Revenue 1Q FY2024 1Q FY2025 Change (%) Up 6% in Japan: Strong growth in DX and modernization Revenue 501.6 514.6 13.0 2.6 deals [Fujitsu Uvance] [96.5] [146.7] [50.1] [52.0] Down 6% outside of Japan, primarily due to the impact [Moderniza
Slide 8: Factors Behind Change in Adjusted Operating Profit
Service Solutions Factors Behind Change in Adjusted Operating Profit Revenue +13.0 / Adjusted Operating Profit +12.8 [+2.3％] (Billions of yen) +7.6 9.3% [+1.5%] -1.2 [+2.3％] +6.4 Investment [+1.0%] expansion, etc. Improvement Fujitsu Uvance offerings 7.0% in profitability modernization （Gross margin
Slide 9: Orders (Japan)
Service Solutions Orders (Japan) Pullback from multi-year deals in the previous year in the Enterprise segment, while we won large-scale deals in the Finance segment Across all segments, there was a steady expansion in the pipeline of orders FY2024 FY2025 1Q 2Q 3Q 4Q Total 1Q Japan 97% 101% 109% 111
Slide 10: Revenue + Order Backlog (Japan)
Service Solutions Revenue + Order Backlog (Japan) (Billions of yen) FY2025 1Q FY2025 Amount needed to Order Backlog Total (Revenue achieve revenue Revenue (Sales expected (Actual + Order Forecast) forecast (Actual) Backlog) from Q2 to Q4) (%) 106% 113% 111% 109% 104% Revenue and 380.8 883.0 1,263.8
Slide 11: Orders (Outside Japan)
Service Solutions Orders (Outside Japan) Europe: Large-scale multi-year data center contract renewals Americas: Pullback from big multi-year deals last year Asia Pacific: Multi-year retail-related contract renewals in Oceania FY2024 FY2025 1Q 2Q 3Q 4Q Total 1Q Europe 86% 84% 78% 128% 93% 177% Americ
Slide 12: Fujitsu Uvance
Service Solutions Fujitsu Uvance Annual Plan Up 17% Up 31% Orders 72.9 109.2 127.6 418.5 548.6 720.0 Up 45% 700.0 Vertical Vertical 280.0 Up 31% 482.8 Vertical Up 60% Up 52% 146.7 367.9 175.2 Up 37% Vertical Revenue 96.5 Vertical Up 69% 49.8 116.3 70.4 64.4 Horizontal Horizontal 29.4 Horizontal Up 3
Slide 13: Modernization
Service Solutions Modernization Annual Plan Up 7% Orders 57.4 78.0 74.7 232.6 384.7 Modernization 410.0 total 330.0 Modernization Modernization total 296.9 Up 11% total Up 86% Up 44% 73.8 Service Solutions Modernization Vertical total Service Up 15% 231.0 Up 89% 201.0 51.3 Service 160.0 Service Up 7
Slide 14: Improvement in Profitability and Growth Investments
Service Solutions Improvement in Profitability and Growth Investments Improvement in profitability: +7.6 billion yen (Gross margin ratio +1.5%) ▎Enhanced Delivery Rate of JGG usage: 1Q 47%, annual target 45% ▎ Trends in gross margin （+2% from previous year） （+4% from previous year） Up 1.5％ Gener
Slide 15: Breakdown by Sub-Segment
Service Solutions Breakdown by Sub-Segment (Billions of yen) 1Q FY2024 1Q FY2025 Change (％) ▎ Global Solutions Revenue 501.6 514.6 13.0 2.6 Revenue declined on sale of contact center business Service Adjusted Operating in the previous fiscal year in February 2025 34.9 47.8 12.8 36.8 (December 2024 p
Slide 16: Hardware Solutions
◼ Hardware Solutions (Billions of yen) 1Q FY2024 1Q FY2025 Change (%) ◼ System Products • Lower revenue in the European server business in Revenue 228.5 202.1 -26.4 -11.6 licensing from companies • Improved profits primarily from greater indirect cost System Products 194.8 167.1 -27.7 -14.2 efficien
Slide 17: Ubiquitous Solutions
◼ Ubiquitous Solutions (Billions of yen) 1Q FY2024 1Q FY2025 Change (%) ◼ Exited from European business in 1Q 2024 Revenue 48.7 47.9 -0.8 -1.8 ◼ Revenue in Japan up 6% from prior year Adjusted 4.4 8.2 3.7 84.3 In addition to the lower cost of components because of Operating Profit exchange rates, pr
Slide 18: Cash Flows, Assets, Liabilities and Equity
Cash Flows, Assets, Liabilities and Equity 18 © 2025 Fujitsu Limited
Slide 19: Cash Flows (Consolidated)
Cash Flows (Consolidated) (Billions of yen) 1Q FY2024 1Q FY2025 Change Core Free Cash Flow * 167.7 230.3 62.5 * Ordinary free cash flow, excluding one-time cash inflows or outflows from such activities as business restructurings, structural reforms, and acquisitions or divestitures. ▎ Core free cash
Slide 20: Assets, Liabilities and Equity (Consolidated)
Assets, Liabilities and Equity (Consolidated) (Billions of yen) Year-end End of Change FY2024 1Q FY2025 Total Assets 3,497.8 3,180.7 -317.0 Total Liabilities 1,595.7 1,274.6 -321.1 Total Equity 1,902.0 1,906.1 4.0 Total Equity Attributable to Owners of the Parent 1,740.9 1,889.0 148.0 Reference: Fin
Slide 21: Earnings Forecast for FY2025
Earnings Forecast for FY2025 21 © 2025 Fujitsu Limited
Slide 22: Financial Forecast (Adjusted)
Financial Forecast (Adjusted) (Billions of yen) FY2025(Forecast) FY2024 Change vs. Current Change (%) (Actual) Previous Forecast Forecast Revenue 3,550.1 3,450.0 - -100.1 -2.8 Adjusted Operating Profit 307.2 360.0 - 52.7 17.2 [Adjusted Operating Profit Margin] [8.7%] [10.4%] [-%] [1.7%] Adjusted Pro
Slide 23: Progress of Adjusted Consolidated Results
Progress of Adjusted Consolidated Results Progress in exceeding results from 1Q in previous year (Billions of yen) FY2024 FY2025 Change Total 1Q Total 1Q 1Q Total (Forecast) Adjusted Operating Profit 16.5 307.2 35.1 360.0 +18.5 +52.7 Total （調整後営業利益率） [Adj. Operating profit margin] [2.2%] [8.7%] [4.7
Slide 24: Financial Forecast (Adjusted Consolidated Results/Items)
Financial Forecast (Adjusted Consolidated Results/Items) Record highs forecast for both operating and net income (Billions of yen) FY2025 (Forecast) Change vs. Previous Forecast Change Adjusted Adjusted Adjusted Adjusted Consolidated Adjusted Consolidated Adjusted Consolidated Consolidated Consolida
Slide 25: Business Segment Information
Business Segment Information (Billions of yen) FY2025(Forecast) FY2024 Change vs. Current Change (％) (Actual) Previous Forecast Forecast Revenue 2,245.9 2,330.0 - 84.0 3.7 Japan 1,656.2 1,800.0 - 143.7 8.7 Service Outside Japan 589.7 530.0 - -59.7 -10.1 Solutions Adj. Operating Profit 289.9 360.0 -
Slide 26: Cash Flows
Cash Flows (Billions of yen) FY2025 (Forecast) FY2024 Change vs. Current Change (Actual) Previous Forecast Forecast Core Free Cash Flow 233.6 235.0 - 1.3 Adjusted items from GAAP Free Cash Flow -18.9 145.0 - 163.9 Sales of businesses 49.0 290.0 - 240.9 Business model transformation expenditures -48.
Slide 27: Fujitsu IR Day 2025
Announcement of Event Fujitsu IR Day 2025 Scheduled Date: September 9, 2025 (Tue) Format: Hybrid Event Scheduled Speakers： Mr. Takeshi Isobe Representative Director, Corporate Vice President, CFO Mr. Shunsuke Onishi Corporate Executive Officer, Corporate Vice President, CRO Mr. Yoshinami Takahashi C
Slide 28: Thank you
Thank you © 2025 Fujitsu Limited
Slide 29: Cautionary Statement
Cautionary Statement These materials may contain forward-looking statements that are based on management’s current information, 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
Slide 30: Supplementary
Supplementary 30 © 2025 Fujitsu Limited
Slide 31: Continuing Operation Financial Results
Financial Results Consolidated PL by Quarter Adjusted Consolidated Results (Billions of yen) FY2024 FY2025 1Q 2Q 3Q 4Q Total 1Q Revenue 759.2 792.8 855.8 1,142.1 3,550.1 749.8 Continuing Adjusted Operating Profit 16.5 49.5 71.0 170.1 307.2 35.1 Operation [Adjusted Operating Profit Margin] [2.2%] [6.
Slide 32: Adjusted Items by Quarter
Financial Results Adjusted Items by Quarter (Billions of yen) FY2024 FY2025 1Q 2Q 3Q 4Q Total 1Q Adjusted Operating Profit 16.5 49.5 71.0 170.1 307.2 35.1 Adjusted items from GAAP Operating Profit -2.2 -20.8 -8.2 -10.8 -42.1 -1.6 One-time Profit/Loss from business transfers - - -3.1 15.8 12.7 0.2 Bu
Slide 33: Business Segment Information by Quarter
Financial Results Business Segment Information by Quarter (Billions of yen) FY2024 FY2025 1Q 2Q 3Q 4Q Total 1Q Service Revenue 501.6 515.9 545.5 682.8 2,245.9 514.6 Solutions Adj. Operating Profit 34.9 53.7 72.8 128.4 289.9 47.8 Global Revenue 129.0 117.6 120.3 144.2 511.2 120.7 Solutions Adj. Opera
Slide 34: Fujitsu Uvance
Financial Results Fujitsu Uvance (Billions of yen) FY2024 FY2025 Change 1Q 2Q 3Q 4Q Total 1Q 1Q Vertical 33.4 45.7 46.9 70.9 197.0 48.4 14.9 Horizontal 75.7 68.1 78.4 129.1 351.5 79.2 3.5 Orders (%) 117% Total 109.2 113.8 125.4 200.0 548.6 127.6 18.4 [Japan] [77.7] [86.2] [66.3] [142.6] [372.9] [103
Slide 35: Breakdown of Regions (International)
Financial Results Breakdown of Regions (International) (Billions of yen) FY2024 FY2025 1Q 2Q 3Q 4Q Total 1Q Revenue 142.2 133.4 146.1 167.8 589.7 133.7 Regions (International) Adj. Operating Profit -0.5 3.8 9.1 11.5 23.9 7.1 Revenue 92.8 90.4 97.3 109.7 390.4 94.0 Europe Adj. Operating Profit -0.8 2
Slide 36: Adjusted items from GAAP Free Cash Flow by Quarter
Financial Results Adjusted items from GAAP Free Cash Flow by Quarter (Billions of yen) FY2024 FY2025 1Q 2Q 3Q 4Q Total 1Q Core Free Cash Flow 167.7 -74.0 -51.3 191.1 233.6 230.3 Adjusted items from GAAP Free Cash Flow -37.2 -8.2 -20.0 46.6 -18.9 171.4 Business transfers -19.3 - - 68.3 49.0 193.7 Bus
Slide 37: Business Segment Information (Service Solutions)
Earnings Forecast Business Segment Information (Service Solutions) (Billions of yen) FY2025 (Forecast) FY2024 Change vs. Current Change (％) （Actual） Previous Forecast Forecast Revenue 2,245.9 2,330.0 - 84.0 3.7 Service Adj. Operating Profit 289.9 360.0 - 70.0 24.2 Solutions [%] [12.9%] [15.5%] [-%]
Slide 38: Assumptions Used for FY2025 Forecasts
Earnings Forecast Assumptions Used for FY2025 Forecasts 1. Exchange Rates（Average）and Impact of Fluctuation FY2025 Impact of Exchange Rate FY2024 Change vs. Fluctuation (Actual) 1Q 2Q/3Q/4Q Previous 2Q/3Q/4Q (Actual) (Forecast) Forecast (Forecast)* U.S. dollar / Yen 153 145 140 - -0.9 Billion yen Eu
Slide 39: Assumptions Used for FY2025 Forecasts
Earnings Forecast Assumptions Used for FY2025 Forecasts 2. Capital Expenditures, Depreciation and Amortization (Property, Plant and Equipment, Intangible Assets and leased Assets) (Billions of yen) 1Q Full year Change vs. FY2024 FY2025 FY2024 FY2025 Previous (Actual) (Actual) (Actual) (Forecast) For