Fujitsu reported strong results for the first quarter of the fiscal year ending March 2027 (IFRS, consolidated), with operating profit up 59.6% year on year to ¥52.5 billion. The stock has entered a correction phase after rising over the past month, while the results showed that the company’s underlying performance remained solid.
Fujitsu’s results for the first quarter of the fiscal year ending March 2027 (IFRS, consolidated) showed revenue of ¥779.3 billion (+3.9% year on year) and operating profit of ¥52.5 billion (+59.6%), indicating strong growth in its core business. Profit before tax was also strong at ¥59.4 billion (+60.4%), while profit attributable to owners of the parent fell sharply to ¥40.1 billion (▲76.6% year on year). Meanwhile, profit for the period from continuing operations rose 44.6% to ¥40.7 billion. The company expects to increase its annual dividend from ¥50 in the previous fiscal year to ¥55.
The stock rose to the ¥3,800 range over the past month before entering a correction, closing at ¥3,646 on 21 August. Although the broader market was flat, the latest results indicated solid performance in the core business, and attention will focus on how the company makes up for any shortfall in growth against its full-year forecast.