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TYO:6702

7 stories mentioning TYO:6702

Every FINWIRES story that references TYO:6702, newest first.

Asia

LiComm Wins Optical Communication Network Equipment Order from 1Finity; LiComm Shares Jump 30%

Electronics manufacturer LiComm (KOSDAQ:388790) secured an order for optical communication network equipment from Fujitsu (TYO:6702) subsidiary and telecommunications and network solutions firm 1Finity, according to a Thursday filing with the Korea Exchange.The contract, valued at 3.87 billion won, is valid till Dec. 6, 2027.Shares of LiComm jumped nearly 30% in recent trade, while those of Fujitsu fell nearly 3%.

KOSDAQ:388790TYO:6702
Research

CLSA Downgrades Fujitsu to Accumulate From Buy; Price Target is 4,300 Yen

Fujitsu (TYO:6702) has an average rating of overweight and mean price target of 4,449.29 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

TYO:6702
Asia

Fujitsu Declares Higher Final Dividend in Fiscal Year 2025

Fujitsu (TYO:6702) declared a year-end dividend of 35 yen per share for the fiscal year 2025, matching earlier forecasts and also higher than the 14 yen per share paid a year ago.The total dividend payment amounts to 60.7 billion yen, payable from retained earnings on June 8, according to a Tokyo bourse filing on Thursday.The company's basic policy targets a consolidated dividend payout ratio that supports sustainable growth and shareholder returns.For the fiscal year 2026, Fujitsu forecasts full-year dividends of 55 yen per share, consisting of an interim dividend of 25 yen and a year-end dividend of 30 yen.

TYO:6702
Asia

Fujitsu's Profit Surges 105% in Fiscal Year 2025

Fujitsu's (TYO:6702) profit attributable to owners of the parent soared 105% to 449.4 billion yen for the fiscal year 2025 from 219.8 billion yen a year earlier.The ICT company's earnings per share increased to 254.05 yen from 120.66 yen a year ago, according to a Tokyo bourse filing on Tuesday.Revenue slipped 1.3% to 3.503 trillion yen for the full year ended March 31 from 3.55 trillion yen in the prior year.For the period, adjusted attributable profit surged 24% to 298.3 billion yen from 241 billion yen, and adjusted EPS increased to 168.62 yen from 132.28 yen, while revenue is unchanged at 3.503 trillion yen.Adjusted operating profit is operating profit excluding one-time gains/losses from business restructuring, M&A, and institutional changes.Fujitsu declared a final dividend of 35 yen per share, payable from June 8.For the fiscal year 2026, the company expects attributable profit of 310 billion yen, basic EPS of 182.43 yen, and net revenue of 3.51 trillion yen.In terms of adjusted results, Fujitsu expects attributable profit of 320 billion yen, and EPS of 188.31 yen for the period, while revenue estimates remain the same.Fujitsu plans to pay interim and year-end dividends of 25 yen and 30 yen per share, respectively, for the year, higher than the amounts paid in the year-ago period.

TYO:6702
Asia

S&P Sees Strong Earnings for Japan's Major Electronics Producers Amid Diversification Efforts

Japanese diversified electronics makers will see robust earnings in the next few years as they compete with peers abroad through efforts that boost and diversify business segments, S&P Global Ratings said in a recent release.The eight major players in the segments have adjusted their business focus over the past 10 to 15 years, resulting in steadier and more profitable business blends, the rating agency said.These changes involve a shift from traditional electronics products to non-electronics segments such as entertainment, service solutions, IT services, and branded consumer appliances.The nontraditional segments offer steady income from subscriptions, long-term contracts, after-sales services, and customer loyalty, S&P said.A narrower risk of technological innovation in these areas also makes sustaining a competitive advantage easier, according to S&P.The major companies include Sony Group (TYO:6758), Hitachi (TYO:6501), Mitsubishi Electric (TYO:6503), Panasonic Holdings (TYO:6752), NEC (TYO:6701), Fujitsu (TYO:6702), Toshiba (TYO:6588), and Sharp (TYO:6753).Further portfolio review and bolstering will be crucial for the companies' credit quality amid elevated competition abroad and a fast-changing business environment, S&P said.Ensuing growth investments could hit the companies' financial metrics, although controlled financial management should be a mitigating factor, S&P said.The rating agency expects the companies to broadly cover expenditure with operating cash flow, with potential asset sales to ease a marked rise in financial burden.

Nikkei 225TYO:6501TYO:6503TYO:6588TYO:6701TYO:6702TYO:6752TYO:6753TYO:6758
Asia

Japan Stocks Rise as Wall Street Gains Lift Sentiment Amid Iran Talks Hopes

Japanese equities closed higher Tuesday, tracking Wall Street gains as improved risk sentiment followed U.S. President Donald Trump's comments that Iran remained open to talks despite tensions over the Strait of Hormuz.The Nikkei 225 rose 2.43%, or 1,374.62 points, to close at 57,877.39.The US and Iran are exploring another round of talks to extend a ceasefire after negotiations over the weekend ended without an agreement.The move comes after Trump ordered a naval blockade of the Strait of Hormuz to increase pressure on Tehran, despite the ongoing diplomatic efforts. The blockade threatens to disrupt global energy flows and escalate regional tensions, with key allies urging Washington to de-escalate.On the corporate front, Orix (TYO:8591) rose 3% after agreeing to sell its full stake in IX NTI Holdings to an Olympus Partners affiliate, with the deal subject to approvals and uncertain financial impact.Shiseido (TYO:4911) fell 3% after a report said foreign brands are relying on premium strategies to navigate weak consumer spending in China amid rising local competition.Fujitsu (TYO:6702) gained 4% as the company is reportedly pivoting toward AI services to tap global demand for alternatives to U.S. technology.

Nikkei 225TYO:4911TYO:6702TYO:8591
Asia

Market Chatter: Japan's Fujitsu Bets on Hardware-AI Package as Europe Seeks Alternatives to U.S. Dominance

Japanese ICT firm Fujitsu (TYO:6702) is pivoting to become an AI business by merging its electronics manufacturing roots with AI services, aligning with Europe's push to reduce U.S. tech dependence, Nikkei Asia reported Tuesday.While the U.S. and China currently dominate IT and AI, Fujitsu aims to offer AI as an integrated package, a strategy bolstered by global efforts to develop domestically controlled AI technologies due to economic security concerns, the publication said.At a February forum in Stockholm, Fujitsu executive Mikihito Saito heard repeated calls from European officials and defense leaders for reducing their reliance on U.S.-based AI, the news agency said.This growing demand for non-American AI solutions further supports Fujitsu's repositioning in the global market, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:6702