Financials Fujitsu Limited

Equities

6702

JP3818000006

IT Services & Consulting

Market Closed - Japan Exchange Other stock markets 12:00:00 23/01/2026 pm IST			5-day change	1st Jan Change
4,380.00 ^JPY	+1.04%		-4.20%	+1.18%

07/01	Tranche Update on Fujitsu Limited's Equity Buyback Plan announced on April 24, 2025.	CI
31/12	Midland Bank plc Promotes Md Nazmul Huda Sarkar to Deputy Managing Director, Effective January 1, 2026	CI

Projected Income Statement: Fujitsu Limited

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	35,89,700	35,86,800	37,13,700	37,56,000	35,50,116	35,32,020	36,53,361	37,84,718
Change	-	-0.08%	3.54%	1.14%	-5.48%	-0.51%	3.44%	3.6%
EBITDA ¹	4,42,152	4,05,577	5,14,842	3,45,824	4,25,983	5,17,240	5,67,221	6,28,853
Change	-	-8.27%	26.94%	-32.83%	23.18%	21.42%	9.66%	10.87%
EBIT ¹	2,66,300	2,19,200	3,35,600	1,60,200	2,65,089	3,66,942	4,16,792	4,70,549
Change	-	-17.69%	53.1%	-52.26%	65.47%	38.42%	13.59%	12.9%
Interest Paid ¹	-3,047	-4,543	-6,862	-6,983	-11,457	-7,542	-9,000	-9,500
Earnings before Tax (EBT) ¹	2,91,800	2,39,900	3,71,800	1,78,180	2,73,445	4,06,661	4,19,790	4,84,547
Change	-	-17.79%	54.98%	-52.08%	53.47%	48.72%	3.23%	15.43%
Net income ¹	2,02,700	1,82,600	2,15,100	2,54,400	2,19,807	4,29,770	2,93,144	3,38,646
Change	-	-9.92%	17.8%	18.27%	-13.6%	95.52%	-31.79%	15.52%
Announcement Date	28/04/21	28/04/22	27/04/23	25/04/24	24/04/25	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4
Net sales ¹	8,94,300	10,63,500	8,01,900	8,61,031	8,80,526	10,43,300	8,18,862	8,86,400	9,31,424	10,76,976	7,99,640	9,12,257	9,30,825	11,13,300	8,30,030	8,66,600	9,24,756	11,42,100	7,49,859	8,16,683	8,64,466	11,15,095	7,73,000	8,44,500	8,98,000	11,32,000
Change	-	18.92%	-24.6%	7.37%	2.26%	18.49%	-21.51%	8.25%	5.08%	15.63%	-25.75%	14.08%	2.04%	19.6%	-25.44%	4.41%	6.71%	23.5%	-34.34%	8.91%	5.85%	28.99%	-30.68%	9.25%	6.34%	26.06%
EBITDA	1,36,677	1,61,171	78,034	93,046	1,10,068	1,24,396	70,285	1,18,038	1,15,260	2,11,259	37,683	87,534	49,507	1,71,100	60,249	-	-	-	-	-	-	-	-	-	-	-
Change	-	17.92%	-51.58%	19.24%	18.29%	13.02%	-43.5%	67.94%	-2.35%	83.29%	-82.16%	132.29%	-43.44%	245.61%	-64.79%	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	93,400	1,10,500	33,700	47,744	65,185	72,500	25,602	75,367	72,316	1,62,329	-1,665	46,445	3,309	1,12,100	21,387	35,000	68,874	1,59,200	33,486	71,859	81,873	1,76,099	39,600	85,900	4	-
Change	-	18.31%	-69.5%	41.67%	36.53%	11.22%	-64.69%	194.38%	-4.05%	124.47%	-101.03%	2,889.49%	-92.88%	3,287.73%	-80.92%	63.65%	96.78%	131.15%	-78.97%	114.59%	13.94%	115.09%	-77.51%	116.92%	-100%	-
Charge d'intérêts	-1,000	-	-784	-	-719	-	-1,062	-	-1,729	-	-1,217	-	-1,912	-	-2,982	-	-	-	-2,770	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	96,000	1,27,800	39,500	49,917	68,910	81,478	38,339	92,311	73,983	1,67,217	8,572	51,623	776	1,17,209	26,447	28,401	78,181	1,40,416	37,060	1,17,892	80,196	1,53,852	-	-	-	-
Change	-	33.12%	-69.09%	26.37%	38.05%	18.24%	-52.95%	140.78%	-19.85%	126.02%	-94.87%	502.23%	-98.5%	15,004.25%	-77.44%	7.39%	175.28%	79.6%	-73.61%	218.11%	-31.97%	91.84%	-	-	-	-
Net income ¹	67,200	88,400	24,100	28,774	71,344	58,317	17,283	54,698	40,768	1,02,432	4,354	33,458	-11,728	2,28,300	16,876	18,760	52,416	1,31,700	1,71,761	90,241	55,099	1,11,026	27,600	58,900	-	-
Change	-	31.55%	-72.74%	19.39%	147.95%	-18.26%	-70.36%	216.48%	-25.47%	151.26%	-95.75%	668.44%	-135.05%	2,046.62%	-92.61%	11.16%	179.4%	151.26%	30.42%	-47.46%	-38.94%	101.5%	-75.14%	113.41%	-	-
Announcement Date	28/01/21	28/04/21	29/07/21	27/10/21	27/01/22	28/04/22	29/07/22	27/10/22	31/01/23	27/04/23	27/07/23	26/10/23	31/01/24	25/04/24	25/07/24	31/10/24	31/01/25	24/04/25	30/07/25	30/10/25	-	-	-	-	-	-

¹JPY in Million

Estimates

Fiscal Period: March	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2	2025 S1	2026 S1	2026 S2
Net sales ¹	16,63,011	19,23,800	17,05,300	20,08,400	17,11,897	20,44,200	16,96,600	15,66,542	19,94,200
Change	-	15.68%	-11.36%	17.77%	-14.76%	19.41%	-17%	-7.67%	27.3%
EBITDA	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
EBIT ¹	81,483	1,37,600	1,00,900	2,34,700	44,780	1,15,420	56,300	1,05,345	2,65,850
Change	-	68.87%	-26.67%	132.61%	-80.92%	157.75%	-51.22%	87.11%	152.36%
Charge d'intérêts	-2,348	-	-2,083	-	-2,725	-	-9,023	-3,332	-
Earnings before Tax (EBT)	89,512	1,50,388	1,30,600	2,41,200	60,195	1,17,985	54,848	1,54,952	-
Change	-	68.01%	-13.16%	84.69%	-75.04%	96%	-53.51%	182.51%	-
Net income ¹	52,939	1,29,661	71,900	1,43,200	37,812	2,16,590	35,636	2,62,002	1,43,000
Change	-	144.93%	-44.55%	99.17%	-73.59%	472.81%	-83.55%	635.22%	-45.42%
Announcement Date	27/10/21	28/04/22	27/10/22	27/04/23	26/10/23	25/04/24	31/10/24	30/10/25	-

¹JPY in Million

Estimates

Forecast Balance Sheet: Fujitsu Limited

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	-1,65,507	-1,98,701	-1,44,726	-96,463	11,013	-3,73,289	-4,47,455	-4,70,619
Change	-	-20.06%	27.16%	33.35%	111.42%	-3,489.53%	-19.87%	-5.18%
Announcement Date	28/04/21	28/04/22	27/04/23	25/04/24	24/04/25	-	-	-

¹JPY in Million

Estimates

Cash Flow Forecast: Fujitsu Limited

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	1,28,771	1,43,251	1,21,000	1,95,839	1,60,898	1,27,500	1,30,233	1,33,033
Change	-	11.24%	-15.53%	61.85%	-17.84%	-20.76%	2.14%	2.15%
Free Cash Flow (FCF) ¹	2,36,386	1,89,080	1,77,520	1,51,982	2,14,700	3,56,698	2,75,213	3,16,946
Change	-	-20.01%	-6.11%	-14.39%	41.27%	66.14%	-22.84%	15.16%
Announcement Date	28/04/21	28/04/22	27/04/23	25/04/24	24/04/25	-	-	-

¹JPY in Million

Estimates

Forecast Financial Ratios: Fujitsu Limited

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	12.32%	11.31%	13.86%	9.21%	12%	14.64%	15.53%	16.62%
EBIT Margin (%)	7.42%	6.11%	9.04%	4.27%	7.47%	10.39%	11.41%	12.43%
EBT Margin (%)	8.13%	6.69%	10.01%	4.74%	7.7%	11.51%	11.49%	12.8%
Net margin (%)	5.65%	5.09%	5.79%	6.77%	6.19%	12.17%	8.02%	8.95%
FCF margin (%)	6.59%	5.27%	4.78%	4.05%	6.05%	10.1%	7.53%	8.37%
FCF / Net Income (%)	116.62%	103.55%	82.53%	59.74%	97.68%	83%	93.88%	93.59%
Profitability
ROA	9.15%	7.36%	11.27%	5.26%	7.8%	11.6%	8.29%	9.9%
ROE	15.1%	12%	13.5%	15.2%	12.6%	23.46%	14.71%	16.13%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	0.03x	-	-	-
Debt / Free cash flow	-	-	-	-	0.05x	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	3.59%	3.99%	3.26%	5.21%	4.53%	3.61%	3.56%	3.52%
CAPEX / EBITDA (%)	29.12%	35.32%	23.5%	56.63%	37.77%	24.65%	22.96%	21.15%
CAPEX / FCF (%)	54.47%	75.76%	68.16%	128.86%	74.94%	35.74%	47.32%	41.97%
Items per share
Cash flow per share ¹	189.3	186.7	203	234.5	209.4	340.2	282.7	318.9
Change	-	-1.38%	8.74%	15.48%	-10.67%	62.4%	-16.89%	12.81%
Dividend per Share ¹	20	22	24	26	28	29.92	34.46	36.17
Change	-	10%	9.09%	8.33%	7.69%	6.87%	15.17%	4.95%
Book Value Per Share ¹	728.7	809.5	842.5	952.8	979.5	1,119	1,198	1,300
Change	-	11.08%	4.09%	13.08%	2.81%	14.21%	7.13%	8.48%
EPS ¹	101.4	92.42	110.8	135.6	120.9	244.7	169.2	198.6
Change	-	-8.84%	19.85%	22.41%	-10.81%	102.34%	-30.86%	17.4%
Nbr of stocks (in thousands)	19,90,023	19,65,144	18,83,415	18,39,315	17,77,342	17,56,187	17,56,187	17,56,187
Announcement Date	28/04/21	28/04/22	27/04/23	25/04/24	24/04/25	-	-	-