Fujitsu Ltd (FJTSF) Q1 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Fujitsu Limited.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:01.195 -- 00:00:03.496 I would 00:00:04.269 -- 00:00:09.582 like to provide you with a briefing on FI25 first quarter financial results. 00:00:09.582 -- 00:00:14.929 Please turn to slide 3. Slide 3 shows an overview of our results for the first quarter. 00:00:14.929 -- 00:00:19.896 Service Solutions, one of our most important segments, got a solid start to fiscal 2025, 00:00:19.896 -- 00:00:24.303 with higher revenue and profit. Revenue in the first quarter was 514.6 00:00:24.303 -- 00:00:27.868 billion yen, up 2.6% from the previous year. 00:00:27.868 -- 00:00:31.513 For business in Japan, there was continued growth in demand for digital transformation 00:00:31.513 -- 00:00:36.452 and modernization, and revenue was up 6%. Adjusted 00:00:36.452 -- 00:00:41.476 operating profit was 47.8 billion yen, up 12.8 billion yen from 00:00:41.476 -- 00:00:43.659 the previous year, a 37% 00:00:43.659 -- 00:00:50.003 increase. In addition to higher revenue, there was also progress in improving profitability. 00:00:50.105 -- 00:00:54.627 The adjusted operating profit margin was 9.3%, up 2.3 percentage 00:00:54.689 -- 00:01:00.155 points from the prior year. In the lower box, consolidated total revenue was 749.8 00:01:00.155 -- 00:01:03.025 billion yen. 00:01:03.025 -- 00:01:06.289 Consolidated revenue declined by 1.2% 00:01:06.289 -- 00:01:10.754 because of the impact of exchange rate fluctuations and due to a change in revenue reporting 00:01:10.754 -- 00:01:14.919 standards in a portion of the hardware solutions business in Europe. 00:01:14.919 -- 00:01:19.985 Adjusted operating profit was 35.1 billion yen, up 18.5 billion 00:01:19.985 -- 00:01:25.111 yen from the prior year, a 112% increase. The adjusted operating profit margin was 00:01:25.111 -- 00:01:26.813 4.7%...