FUJITSU LIMITED Annual Report 2009 FUJITSU LIMITED Annual Report FUJITSU LIMITED Annual Report 2009 Anywhere, Fujitsu

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FUJITSU LIMITED Annual Report 2009 FUJITSU LIMITED Annual Report FUJITSU LIMITED Annual Report 2009 Anywhere, Fujitsu Anytime, FUJITSU LIMITED Annual Report LIMITED Annual FUJITSU 2009 FUJITSU LIMITED Annual Report 2009 Anywhere, Fujitsu “Eco-friendly design!” “Spectacular!” Transformation in Motion Legibility Considerations We have reviewed this report using our ColorSelector tool to choose a highly accessible color combination so that the text and figures will be as legible as possible to the widest range of readers. Consideration for the Environment • This report has been printed using waterless printing, which reduces the amount of harmful materials used and emitted. • It is printed on FSC Certified Paper as designated by the Forest Stewardship Council in order to help preserve forestry resources. • It uses vegetable oil inks that do not include volatile organic compounds. FUJITSU LIMITED Shiodome City Center, 1-5-2 Higashi-Shimbashi Minato-ku, Tokyo 105-7123, JAPAN Tel. +81-3-6252-2220 ©2009 Fujitsu Limited www.fujitsu.com Printed in Japan BA0033-1AP FUJITSU LIMITED ANNUAL REPORT 2009 Anytime, FUJITSU LIMITED Annual Report LIMITED Annual FUJITSU 2009 FUJITSU LIMITED Annual Report 2009 Anywhere, Fujitsu “Eco-friendly design!” “Spectacular!” Transformation in Motion Legibility Considerations We have reviewed this report using our ColorSelector tool to choose a highly accessible color combination so that the text and figures will be as legible as possible to the widest range of readers. Consideration for the Environment • This report has been printed using waterless printing, which reduces the amount of harmful materials used and emitted. • It is printed on FSC Certified Paper as designated by the Forest Stewardship Council in order to help preserve forestry resources. • It uses vegetable oil inks that do not include volatile organic compounds. FUJITSU LIMITED Shiodome City Center, 1-5-2 Higashi-Shimbashi Minato-ku, Tokyo 105-7123, JAPAN Tel. +81-3-6252-2220 ©2009 Fujitsu Limited www.fujitsu.com Printed in Japan BA0033-1AP FUJITSU LIMITED ANNUAL REPORT 2009 Financial Highlights Going to work or to school, shopping or even Fujitsu Limited and Consolidated Subsidiaries relaxing at home—Fujitsu products and ser- Yen U.S. Dollars (millions) % (thousand) vices are a part of your life in ways you never Years ended March 31 2004 2005 2006 2007 2008 2009 2009/2008 2009 Net sales . ¥4,766,888 ¥4,762,759 ¥4,791,416 ¥5,100,163 ¥5,330,865 ¥4,692,991 –12.0 $47,887,663 imagined. In today’s world, IT is an indispen- Sales outside Japan . 1,388,623 1,422,095 1,591,574 1,825,255 1,923,621 1,499,886 22.0 15,304,959 sible part of every level of society. Untold Ratio of sales outside Japan (%) . 29.1 29.9 33.2 35.8 36.1 32.0 Operating income ������������������������������������������������������������������������������������������������������������������������������� 150,342 160,191 181,488 182,088 204,989 68,772 –66.5 701,755 volumes of data are processed through net- Operating income margin (%) . 3.2 3.4 3.8 3.6 3.8 1.5 Net income (loss) ��������������������������������������������������������������������������������������������������������������������������������� 49,704 31,907 68,545 102,415 48,107 (112,388) — (1,146,816) works by Fujitsu systems to add convenience “So convenient!” and comfort to your life. Inventories . ¥ 521,126 ¥ 478,510 ¥ 408,710 ¥ 412,387 ¥ 383,106 ¥ 306,456 –20.0 $ 3,127,102 Monthly inventory turnover rate (times). 0.64 0.71 0.88 0.93 1.03 0.98 Total assets . 3,865,589 3,640,198 3,807,131 3,943,724 3,821,963 3,221,982 –15.7 32,877,367 Owners’ equity (net assets less minority interests and Anytime, anywhere, Fujitsu provides com- subscription rights to shares) . 827,177 856,990 917,045 969,522 948,204 748,941 –21.0 7,642,255 prehensive IT services that are safe and Owners’ equity ratio (%) ��������������������������������������������������������������������������������������������������������������������� 21.4 23.5 24.1 24.6 24.8 23.2 secure as we play our part in the creation of Interest-bearing loans . ¥1,277,121 ¥1,082,788 ¥ 928,613 ¥ 745,817 ¥ 887,336 ¥ 883,480 –0.4 $ 9,015,102 a ubiquitous networked society. D/E ratio (times) . 1.54 1.26 1.01 0.77 0.94 1.18 Net D/E ratio (times) ��������������������������������������������������������������������������������������������������������������������������� 1.04 0.73 0.55 0.31 0.36 0.47 R&D expenses . ¥ 250,910 ¥ 240,222 ¥ 241,566 ¥ 254,095 ¥ 258,717 ¥ 249,902 –3.4 $ 2,550,020 Capital expenditure ����������������������������������������������������������������������������������������������������������������������������� 159,795 181,402 249,999 305,285 249,063 167,690 –32.7 1,711,122 Depreciation . 200,031 169,918 169,843 202,825 200,509 223,975 11.7 2,285,459 Number of employees ����������������������������������������������������������������������������������������������������������������������� 156,169 150,970 158,491 160,977 167,374 165,612 Amounts per share of common stock (yen and U.S. dollars): Net income (loss) . ¥ 24.55 ¥ 15.42 ¥ 32.83 ¥ 49.54 ¥ 23.34 ¥ (54.35) — $ (0.555) Cash dividends ��������������������������������������������������������������������������������������������������������������������������������� 3.00 6.00 6.00 6.00 8.00 8.00 0.082 Owners’ equity (net assets less minority interests and subscription rights to shares) ��������������������������������������������������������������������������������������������������� 413.22 414.18 443.20 469.02 458.31 362.30 –20.9 3.697 Note: The U.S. dollar amounts stated above and elsewhere in this report have been translated from yen, for readers’ convenience only, at the rate of ¥98 = US$1, which was the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2009. Net Sales and Operating Income and Total Assets and Monthly Owners’ Equity and Ratio of Sales Outside Japan Operating Income Margin Inventory Turnover Rate Owners’ Equity Ratio (¥ Billions) (%) (¥ Billions) (%) (¥ Billions) (Times) (¥ Billions) (%) 6,000 60 300 9 5,000 2.0 1,200 40 5,330.8 5,100.1 4,766.8 4,762.7 4,791.4 3,943.7 969.5 948.2 4,692.9 3,865.5 3,807.1 3,821.9 917.0 4,000 3,640.1 1.6 856.9 204.9 900 827.1 30 3,221.9 4,000 40 200 181.4 182.0 6 748.9 160.1 24.6 24.8 35.8 36.1 150.3 3,000 1.2 23.5 24.1 23.2 33.2 32.0 21.4 29.9 1.03 0.98 600 20 29.1 0.93 3.8 0.88 3.4 3.6 3.8 2,000 0.8 2,000 20 100 3.2 3 0.71 68.7 0.64 300 10 1.5 1,000 0.4 0 2004 2005 2006 2007 2008 2009 0 0 2004 2005 2006 2007 2008 2009 0 0 2004 2005 2006 2007 2008 2009 0 0 2004 2005 2006 2007 2008 2009 0 (Years ended March 31) (Years ended March 31) (As of March 31) (As of March 31) Net sales (left scale) Operating income (left scale) Total assets (left scale) Owners’ equity (left scale) Ratio of sales outside Japan (right scale) Operating income margin (right scale) Monthly inventory turnover rate Owners’ equity ratio (right scale) (right scale) FUJitsU LimiteD ANNUAL REPORT 2009 001 006 FUJitsU LimiteD ANNUAL REPORT 2009 Anytime, Anywhere —Fujitsu systems are supporting social infrastructure all around the world Instant access across the oceans Round-the-clock protection, every day Appealing looks and robust design AllianceBernstein Japan Ltd. and two of its affiliates again jointly Percentage of submitted a change in large shareholding report dated March 30, Number of total shares Fiber-optic submarine cable and of the year Fujitsu’s service robot, enon shares held outstanding 2009 to the Director General of the Kanto Local Finance Bureau con- Shareholder (thousands) (%) optical transmission systems On-site system maintenance and taining the following information which the companies were obli- Fujitsu data services offer Fuji Electric Holdings Co., Ltd. 94,663 4.57 support for customers The service robot, enon, is able to recognize gated to report as of March 23, 2009. Because Fujitsu was unable to Fiber optic submarine cable is laid along the sea floor by ships and forms the Fuji Life Corp. 4,004 0.19 peace of mind verify the effective shareholdings of AllianceBernstein Japan Ltd. as the positions and voices of nearby people and Fuji Electric Retail Systems Co., Ltd. 16,112 0.78 backbone of telephone- and Internet-based overseas communications. Experienced engineers are on hand to safeguard the vital Datacenters of the fiscal year-end, the company has not been included in the Fuji Electric Systems Co., Ltd. 98,214 4.74 information systems that support customers’ businesses objects to autonomously provide support with above list of principal shareholders. The details of the change in Fujitsu creates optical transmission systems installed at base stations and cable Datacenters are equipped with on-site power Fuji Electric Device Technology Co., Ltd. 18,059 0.87 escorting, carrying objects, and patrolling, shareholding report are as follows: relay stations to control and enable efficient data transmission and reception. in the event of any Total 231,054 11.16 generators, sophisticated climate control equip- Percentage of trouble. among other tasks. In addition to airports and ment, and robust security features as well as Number of total shares train stations, enon can be used in various shares held outstanding energy-saving design. These centers are entrusted Shareholder (thousands) (%) Corporate Headquarters: locations including offices, shopping malls and AllianceBernstein L.P. 197,947 9.56 with servers and other corporate information sys- Shiodome City Center other commercial facilities. AXA Rosenberg Investment Management Ltd. 20,704 1.00 tems, and carry out tasks such as network connec- AllianceBernstein Japan Ltd. 8,127 0.39 1-5-2 Higashi-Shimbashi “Eco-friendly Fujitsu’s service robot, enon Total 226,778 10.96 Minato-ku, Tokyo 105-7123, Japan design!” tions, maintenance, and operation.
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