Integrated Report 2017
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Integrated Report 2017
Through our constant pursuit of innovation, the Fujitsu Group aims to contribute to the creation of a networked society that is rewarding and secure, bringing about a prosperous future that fulfi lls the dreams of people throughout the world.
The Fujitsu Group has established a global service structure with operations in more than 180 countries around the world.
Fujitsu’s IT services business ranks top by market share in Japan and fifth worldwide, a record that reflects our outstanding technologies and long track record in building large-scale, cutting-edge systems.
The Fujitsu Group has established a global service structure with operations in more than 180 countries around the world.
Fujitsu’s IT services business ranks top by market share in Japan and fifth worldwide, a record that reflects our outstanding technologies and long track record in building large-scale, cutting-edge systems.
The Company’s Board of Directors has, through business model transformation, carried out qualitative change and improved its effectiveness. Taking into account global diversity and the future of society, the Board is focusing its efforts on establishing a growth model that will create new value and realize sustainable growth.
Through its Management Direction focused on business model transformation, the Fujitsu Group is implementing rigorous structural reforms that are substantively improving the Group. In conjunction with these efforts, we will establish a unique growth model with integration at its core. “Integration” means connecting our strengths, which are digital technologies and in-depth knowledge of customers’ industries.
We will establish a virtuous cycle that enhances growth and corporate value. Based on digital technologies, we will focus on turning information and communication technology (ICT) into services. These efforts will then enable co-creation with customers that leads to innovation. Such innovation will, in turn, trigger the formation of new businesses and value. Completing the cycle, new businesses and value will generate further co-creation opportunities.
With its sights set on creating new value in the IoT era, the Fujitsu Group is restructuring to focus on services and expanding global businesses. This section reports on the progress of business model transformation.
Digital technologies are transforming businesses, society, and daily life. In particular, innovation based on the latest technologies is likely to play a large role in enabling society to progress by helping it address a host of issues.
The Fujitsu Group will co-create new value by combining its ICT capabilities with customers’ expertise or with know-how in other sectors of society. In these efforts, we will provide customers with “Connected Services,” which we realize by using digital technologies to turn ICT into services.
The Fujitsu Group is building a new business model with digital businesses at its core. Our goal is to realize innovation with customers by becoming deeply involved in their business processes as a partner. In these collaborations, we will provide customers with “Connected Services,” which combine cloud computing, IoT, AI, and other digital technologies as well as an array of technologies and expertise we have accumulated as an ICT company. To achieve the above goal, the Group is creating frameworks aligned with the aims of the new business model. As part of this undertaking, we have established a new organization that is spearheading efforts to further digital businesses, and we are fostering personnel who specialize in the advancement of co-creation with customers.
In both the global society and the digital society, the business conditions in which Fujitsu operates are evolving dramatically. Gaining an acute understanding of these changes that will enhance our sustainability as a company will more and more require us to listen, and to reflect, the voices of our stakeholders to our own efforts to transform our business. This section introduces an overview of our initiatives in this area.
Starting from the perspective of our customers and social development, we will create a cycle for enhancing capital strength both inside and outside the Company as we pursue sustainable growth.
People are Fujitsu’s most valuable asset. Our stance is to place importance on our employees, with each and every one being able to fulfill their potential. We seek to create a corporate environment where diverse opinions and values are respected and accepted, and people are motivated and engaged.
Through its global activities in the ICT industry, the Fujitsu Group continuously seeks to increase its corporate value and to benefit its customers, local communities, and all other stakeholders. We give high priority to assessing and responding appropriately to risks that threaten the achievement of our objectives, preventing materialization of these risks, and establishing measures to minimize the effect of materialized risks and prevent their recurrence. Moreover, we have built a Groupwide risk management and compliance system and are committed to its continuous implementation and improvement.
The Risk Management & Compliance Committee supervises compliance matters globally for the entire Fujitsu Group. The committee appoints a Chief Risk Compliance Offi cer who is tasked with executing policies and decisions concerning compliance, together with maintaining the Global Compliance Program (GCP) and coordinating with the Regional Risk Management & Compliance Committees.This works to raise awareness of our Fujitsu Way Code of Conduct, and to its adherence, throughout the Group.
Bearing in mind that ICT constitutes a fundamental part of the Fujitsu Group’s business, the Fujitsu Group maintains information security throughout the Group and also proactively strives to maintain and improve its customers’ information security through Fujitsu’s products and services, thereby contributing to the Fujitsu Way, our corporate philosophy that articulates a desire for “a network society that is rewarding and secure.”
CSR at Fujitsu is practiced by implementing the Fujitsu Way. In all its business activities, in applying the Fujitsu Way in light of the expectations and needs of multiple stakeholders, the Fujitsu Group contributes to the sustainable development of society and the planet. Our CSR initiatives focus on the five challenges below. In addressing these challenges, we demonstrate a commitment to responsible business operations as a global ICT company.
The Sustainable Development Goals (SDGs) can be viewed as a “master plan” for the world until 2030. Given its special qualities, ICT has the potential to make a positive impact on all 17 SDGs. The Fujitsu Group is leveraging the strengths of its unique ICT toward the advancement of initiatives that lead to the achievement of the SDGs, particularly those that relate closely to its businesses.
Aiming to reflect the opinions of diverse stakeholders in its business management, the Fujitsu Group regularly invites outside experts to participate in dialogues with its senior management team. Recently, we hosted a lively discussion that started with Fujitsu’s contributions to the realization of the Sustainable Development Goals (SDGs) and also focused on the opportunities and risks that ICT companies should be aware of, the accomplishments that need to be made in terms of the Company’s global management, and how best to tie these into the Company’s business strategies for sustainable growth.
The Company regards corporate governance as a critical mechanism to fulfill the senior management team’s mission in a manner befitting shareholders’ trust. This mission is based on the Fujitsu Way and enables a form of business management that, rather than pursuing short-term profits, justifies the trust of customers and business partners, motivates employees to work with vitality and pride, and contributes to society. Through such business management, the Company will grow and enhance corporate value over the medium to long term.
ROUNDTABLE DISCUSSION AMONG EXTERNAL DIRECTORS
In last year’s roundtable discussion, we had the external directors discuss the framework of the Company’s corporate governance, addressing such topics as the composition of the Board of Directors, the current state of Board meetings, and the functions of the Independent Officers Council. This year, the discussion delved a bit deeper, with the external directors offering their opinions from an oversight-based perspective on such matters as medium- to long-term strategies, the progress of Fujitsu’s business model transformation, workstyle innovation, the response to the sustainable development goals (SDGs), and the expectations they have of President Tanaka.
