Executive Summary
Fujitsu Limited operates as an information and communication technology (ICT) company.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet second-rate dividend payer.
Similar Companies
Share Price & News
How has Fujitsu's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6702 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.9%
6702
-0.7%
JP IT
0.7%
JP Market
1 Year Return
42.4%
6702
29.9%
JP IT
8.7%
JP Market
Return vs Industry: 6702 exceeded the JP IT industry which returned 29.9% over the past year.
Return vs Market: 6702 exceeded the JP Market which returned 8.7% over the past year.
Shareholder returns
| 6702 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.9% | -0.7% | 0.7% |
| 30 Day | 6.0% | 4.5% | 1.7% |
| 90 Day | 20.5% | 13.3% | 7.3% |
| 1 Year | 45.2%42.4% | 32.1%29.9% | 11.4%8.7% |
| 3 Year | 54.0%46.4% | 79.3%70.5% | 21.4%13.1% |
| 5 Year | 64.6%52.0% | 125.4%107.0% | 40.8%26.1% |
Price Volatility Vs. Market
How volatile is Fujitsu's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Fujitsu undervalued compared to its fair value and its price relative to the market?
23.59x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 6702 (¥10120) is trading above our estimate of fair value (¥7650.3)
Significantly Below Fair Value: 6702 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6702 is poor value based on its PE Ratio (23.6x) compared to the IT industry average (20.9x).
PE vs Market: 6702 is poor value based on its PE Ratio (23.6x) compared to the JP market (15.6x).
Price to Earnings Growth Ratio
PEG Ratio: 6702 is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: 6702 is good value based on its PB Ratio (1.8x) compared to the JP IT industry average (2.8x).
Next Steps
Future Growth
How is Fujitsu forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
7.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6702's forecast earnings growth (7.7% per year) is above the savings rate (-0.09%).
Earnings vs Market: 6702's earnings (7.7% per year) are forecast to grow slower than the JP market (9.4% per year).
High Growth Earnings: 6702's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6702's revenue is expected to decline over the next 3 years (-0.2% per year).
High Growth Revenue: 6702's revenue is forecast to decline over the next 3 years (-0.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6702's Return on Equity is forecast to be low in 3 years time (10.8%).
Next Steps
Past Performance
How has Fujitsu performed over the past 5 years?
5.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6702 has a large one-off loss of ¥93.1B impacting its September 30 2019 financial results.
Growing Profit Margin: 6702's current net profit margins (2.2%) are lower than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: 6702's earnings have grown by 5.7% per year over the past 5 years.
Accelerating Growth: 6702's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6702 had negative earnings growth (-56.6%) over the past year, making it difficult to compare to the IT industry average (19.1%).
Return on Equity
High ROE: 6702's Return on Equity (6.7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Fujitsu's financial position?
Financial Position Analysis
Short Term Liabilities: 6702's short term assets (¥1,840.1B) exceed its short term liabilities (¥1,294.1B).
Long Term Liabilities: 6702's short term assets (¥1,840.1B) exceed its long term liabilities (¥531.6B).
Debt to Equity History and Analysis
Debt Level: 6702's debt to equity ratio (59.3%) is considered high.
Reducing Debt: 6702's debt to equity ratio has reduced from 120.9% to 59.3% over the past 5 years.
Debt Coverage: 6702's debt is well covered by operating cash flow (22%).
Interest Coverage: 6702's interest payments on its debt are well covered by EBIT (94.4x coverage).
Balance Sheet
Inventory Level: 6702 has a high level of physical assets or inventory.
Debt Coverage by Assets: 6702's debt is covered by short term assets (assets are 2.4x debt).
Next Steps
Dividend
What is Fujitsu's current dividend yield, its reliability and sustainability?
1.58%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Fujitsu before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 6702's dividend (1.58%) is higher than the bottom 25% of dividend payers in the JP market (1.34%).
High Dividend: 6702's dividend (1.58%) is low compared to the top 25% of dividend payers in the JP market (2.92%).
Stability and Growth of Payments
Stable Dividend: 6702's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6702's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.3%), 6702's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Fujitsu's salary, the management and board of directors tenure and is there insider trading?
2.7yrs
Average management tenure
CEO
Shigeru Sasaki 0
2.7yrs
Tenure
Shigeru Sasaki has been the Chief Executive Officer of Fujitsu Limited since April 2017. Shigeru Sasaki served as the Chief Executive Officer of Fujitsu Laboratories Ltd. since April 01, 2016 until Decembe ...
Management Age and Tenure
2.7yrs
Average Tenure
60.5yo
Average Age
Experienced Management: 6702's management team is considered experienced (2.7 years average tenure).
Board Age and Tenure
2.1yrs
Average Tenure
65yo
Average Age
Experienced Board: 6702's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Masami Yamamoto (65yo)
Senior Advisor & Director
- Tenure: 9.5yrs
- Compensation: JP¥122.00m
Eithne Wallis
Managing Director of Government Division
- Tenure: 10.6yrs
Shigeru Sasaki
Chief Executive Officer and Representative Director
- Tenure: 2.7yrs
Mitsuya Yasui (60yo)
Head of Global Corporate Functions
- Tenure: 0.5yrs
Takeshi Isobe
Executive VP
- Tenure: 0.4yrs
Hidehiro Tsukano (61yo)
Corporate Executive Officer
- Tenure: 3.8yrs
Hidenori Furuta
CTO, CIO
- Tenure: 0.5yrs
Katsumi Nakano
Executive VP
- Tenure: 3.8yrs
Takahito Tokita (57yo)
President
- Tenure: 0.5yrs
Isamu Yamamori
EVP of Pub Policy
- Tenure: 3.6yrs
Board Members
Kazuto Kojima (76yo)
Independent Director
- Tenure: 1.5yrs
Atsushi Abe (65yo)
External Director
- Tenure: 4.5yrs
Masami Yamamoto (65yo)
Senior Advisor & Director
- Tenure: 9.5yrs
- Compensation: JP¥122.00m
Shigeru Sasaki
Chief Executive Officer and Representative Director
- Tenure: 2.7yrs
Mitsuya Yasui (60yo)
Head of Global Corporate Functions
- Tenure: 0.5yrs
Tatsuya Tanaka (63yo)
Chairman
- Tenure: 0.5yrs
- Compensation: JP¥126.00m
Hidenori Furuta
CTO, CIO
- Tenure: 0.5yrs
Jun Yokota (72yo)
External Director
- Tenure: 5.5yrs
Takahito Tokita (57yo)
President
- Tenure: 0.5yrs
Chiaki Mukai (66yo)
External Director
- Tenure: 4.5yrs
Company Information
Fujitsu Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Fujitsu Limited
- Ticker: 6702
- Exchange: TSE
- Founded: 1923
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: JP¥2.038t
- Shares outstanding: 202.69m
- Website: https://www.fujitsu.com
Number of Employees
Location
- Fujitsu Limited
- Shiodome City Center
- 1-5-2 Higashi-Shimbashi
- Tokyo
- 105-7123
- Japan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FJTS.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Jan 1975 |
| 6702 | TSE (The Tokyo Stock Exchange) | Yes | Common Stock | JP | JPY | Jan 1975 |
| FUJ1 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1975 |
| FJTS.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Jan 1980 |
Biography
Fujitsu Limited operates as an information and communication technology (ICT) company. The company's Technology Solutions segment offers system integration services, including system construction and busin ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/13 14:51 |
| End of Day Share Price | 2019/12/12 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.