Q1 2020 Fujitsu Ltd Earnings Presentation Transcript

Jul 25, 2019 / 06:30AM GMT
Presentation
Jul 25, 2019 / 06:30AM GMT

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Corporate Participants
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* Takeshi Isobe
Fujitsu Limited - Executive VP, Corporate Executive Officer & CFO

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Takeshi Isobe - Fujitsu Limited - Executive VP, Corporate Executive Officer & CFO

I will now begin my explanation of the financial results for Q1 fiscal 2019. Please turn the page of the presentation materials in front of you. I want to direct your attention to the top half of the page, to Slide 3. This is an overview of our consolidated financial results for the first quarter of fiscal 2019.

Please look at the bolded portion. Revenue for the period was JPY 838.7 billion, a fall of JPY 28.9 billion from the previous year. The decline was caused by the impact of business restructuring and foreign exchange movements. Revenue declined by JPY 50 billion as a result of revenue from certain companies no longer being consolidated primarily in Device Solutions.

Foreign exchange movements reduced revenue by JPY 8 billion. This

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