Fujitsu Ltd (FJTSF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

I'd like to start the FY 2025 Second Quarter Consolidated Financial Results Briefing. Please look at the materials. Page 3 shows an overview of our financial results for the first half. First, service solutions. Our main segment had strong performance with higher revenue and adjusted operating profit. Revenue for the first half was 1 trillion 66.5 billion from the prior year, excluding the impact from restructuring that took place during the prior fiscal year. Revenue was up 6.4%, and the revenue was up 4.8%. In Japan in particular, there was a strong continued growth in demand for digital transformation and modernization, and revenue was up 9% year-on-year. Adjusted operating profit was 119.6 billion yen, up 30.9 billion yen from the prior year, an increase of 34.8%. The adjusted operating profit margin was 11.2%, an improvement of 2.5 percentage points from the prior year due to the benefits of higher revenue in addition to increased profitability. In the lower box, consolidated total revenue was 1 trillion 566.5 billion yen, up 0.9% from the prior year, Looking at this figure, excluding the impact of restructuring, it is up 3.6%. Adjusted operating profit was 121.3 billion yen, up 55.2 billion yen year on year, an increase of 83.6%. The adjusted operating profit margin was 7.7%, an improvement of 3.4 percentage points from the prior year. Each business segment posted higher profits and adjusted operating profit for the first half reached a new record. At the very bottom, net profit was 262 billion yen, a new record. In addition to profit from business operations, we recorded a gain on the sale of shares in Fujitsu General Limited and Shinko Electric Industries Company Limited. Page 4 shows the progress we have made in consolidated adjusted operating profit. The re...