Fujitsu reports record profit from asset sale and service growth

Fujitsu Limited reported record first-quarter profit of JPY 171.8 billion, largely driven by a JPY 141.6 billion gain from selling shares in Shinko Electric Industries.

Adjusted operating profit for continuing operations rose to JPY 35.1 billion. The Service Solutions segment saw revenue increase 2.6% to JPY 514.6 billion, with adjusted operating profit reaching JPY 47.8 billion from modernization deals in Japan and improved delivery efficiencies.

Fujitsu maintains its full-year adjusted profit forecast of JPY 250.0 billion.