FilingReader Intelligence

Fujitsu corrects FY2024 results: Portfolio transformation update

May 5, 2025 at 08:21 AM UTCBy FilingReader AI

Fujitsu Limited (TSE:6702) announced a correction to its previously released Fiscal Year 2024 financial results summary, initially issued on April 24, 2025. The correction pertains to the section on "Portfolio Transformation and Asset Recycling Initiatives." Specifically, the error involved the equity stake percentage related to the sale of FDK Corporation to SILITECH TECHNOLOGY CORPORATION. The initial report incorrectly stated a holding of "持分58%-15%" which has now been corrected to "持分58%→17%". This adjustment refines the details of Fujitsu's strategic carve-out of non-core businesses, part of its broader initiative to classify Device Solutions as discontinued operations. The company reiterated its commitment to reducing cross-shareholdings, reporting a remaining balance of JPY 56.3 billion at the end of FY2024 and its pledge to careful dialogue with share issuers.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:6702Tokyo Stock Exchange

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