 |
Contact:
Yuri Momomoto or Scott Ikeda
Fujitsu Limited, Public and Investor Relations
Tel (+81-3) 6252-2174 |
FOR IMMEDIATE RELEASE
July 29, 2003 |
| Fujitsu Reports FY2003 First-Quarter Financial Results |
- Summary of Consolidated Results (Three months ended June 30)
- Summary of Consolidated Statements of Operations
-
|
Yen
(millions)
(except per share data) |
|
|
U.S. Dollars
(millions)
(except per share data) |
|
 |
|
|
|
|
2003 |
2002 |
Change(%) |
|
2003 |
|
|
|
|
| Net sales |
Y 938,738 |
Y 982,994 |
-4.5 |
|
$ 7,823 |
| Operating loss |
(37,886) |
(29,070) |
- |
|
(316) |
Loss before income taxes
and minority interests |
(32,853) |
(77,107) |
- |
|
(274) |
| Net loss |
(39,808) |
(56,428) |
- |
|
(332) |
|
|
|
|
|
|
Net loss
per common share, basic |
Y(19.90) |
Y(28.19) |
- |
|
$ (0.166) |
- Summary of Consolidated Financial Condition
-
|
Yen
(millions)
|
|
|
U.S. Dollars
(millions)
|
|
|
|
|
|
June 30 |
|
March 31 |
|
|
June 30 |
|
2003 |
|
2002 |
|
|
2003 |
|
|
|
|
| Total assets |
Y 4,056,251 |
|
Y 4,225,361 |
|
|
$ 33,802 |
| Shareholders' equity |
679,471 |
|
702,390 |
|
|
5,662 |
| Shareholders' equity ratio |
16.8 |
% |
16.6 |
% |
|
|
- Summary of Consolidated Statements of Cash Flows
-
|
Three months ended June 30 |
|
Yen
(millions)
|
|
U.S. Dollars
(millions)
|
|
|
|
|
|
2003 |
2002 |
|
2003 |
|
|
|
|
| Cash flows from operating activities |
Y (85,902) |
Y (94,364) |
|
$ (716) |
| Cash flows from investing activities |
5,566 |
(53,338) |
|
47 |
| Cash flows from financing activities |
69,719 |
192,163 |
|
581 |
Cash and cash equivalents
at end of period |
272,623 |
339,267 |
|
$ 2.272 |
- Projections for FY2003 (April 1, 2003 - March 31, 2004)
-
Consolidated Earnings Forecast
-
|
Yen
(billions)
|
|
Change(%) |
|
|
|
|
|
FY2003 (Forecast) |
FY2002 (Actual) |
|
FY02 to FY03 |
|
|
|
|
| Net sales |
Y 4,800.0 |
Y 4,617.5 |
|
+4.0 |
| Operating income |
150.0 |
100.4 |
|
+49.4 |
| Net income (loss) |
30.0 |
(122.0) |
|
- |
| Note: |
All yen figures have been converted to U.S. dollars for convenience only at a uniform rate of $1=120 yen. |
|
|
