Fuji Electric : Concerning Delay in Announcement of Financial Results for Consolidated Subsidiary Fuji Furukawa Engineering & Construction (54KB)
April 26, 2022 at 06:02 pm IST
Share
April 26, 2022
Company Name: Fuji Electric Co., Ltd.
Representative: Michihiro Kitazawa, Chairman of the Board and Chief Executive Officer
Code Number: 6504, listed on the TSE Prime and NSE Premier; and on FSE Contact: Masayuki Murakami, General Manager, Corporate Planning Office
Corporate Management Planning Headquarters
Telephone: +81-3-5435-7213
Concerning Delay in Announcement of Financial Results for Consolidated Subsidiary Fuji Furukawa Engineering & Construction
Fuji Electric announces that consolidated subsidiary Fuji Furukawa Engineering & Construction Co. Ltd. (listed on the TSE Standard), will delay the announcement of its financial results for the fiscal year ended March 31, 2022, due to the need to account for massive sums of net defined benefit liability associated with past fiscal years. A news release detailing this decision has been issued by Fuji Furukawa Engineering & Construction. However, Fuji Electric intends to announce its financial results for the fiscal year ended March 31, 2022, on April 27, 2022, as initially planned as the impact of this development on consolidated performance will be minimal.
We apologize for any inconvenience this development has caused.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Fuji Electric Co. Ltd. published this content on 26 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2022 12:31:09 UTC.
Fuji Electric Co specializes in manufacturing and marketing electric and electronic components. Net sales break down by family of products as follows:
- electric equipments and systems (38.7%): generators, meters, electricity transmission and control systems, etc. for individuals and thermal and hydraulic industries;
- electronic equipments and components (33.8%): magnetic contactors, magnetic contactors, uninterruptible power supply systems, power control systems, semiconductors, magnetic disks, energy distribution systems, etc.;
- vending machines (12.4%): hot and cold beverages, snacks, money distributors, etc.;
- industrial electric equipments (11.7%): primarily installation control systems, measurement instruments, power supply systems and captors;
- other (3.4%).