Q1 2024 Fujitsu Ltd Earnings Presentation Transcript

Jul 27, 2023 / NTS GMT

Release Date Price: $13 (-0.93%)

Transcript

Takeshi Isobe

Fujitsu Limited - Senior EVP, Corporate Executive Officer, CFO & Director

Thank you very much. This is Isobe speaking. Now I'd like to ask you to take a look at the materials. On the consolidated financial results, please look at Page 3. I will start by presenting our financial highlights for the quarter of fiscal 2023.

As expected, there was a significant variation in performance depending upon the business segment. On a consolidated basis, revenue was JPY 799.6 billion. Excluding the impact of restructuring, this represented a slight increase. Among the segments, the growth drivers, Service Solutions, which achieved double-digit growth, primarily from the business in Japan. And there was a solid increase in DX and modernization deals, and revenue from Fujitsu Uvance increased by 50% from last year's first quarter

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