Fujitsu Ltd Announces Strategic Moves to Enhance Market Position

Fujitsu Ltd, a Japanese IT service provider, has made several strategic moves to strengthen its market position. The company has established a new subsidiary, 1FINITY Inc., which will consolidate its network-related operations.

Key Developments

• The formation of 1FINITY Inc. aims to expand Fujitsu’s market reach and strengthen its global telecommunications infrastructure.
• Fujitsu has launched a new quantum computer with 256 qubits, a significant step towards commercial applications.
• The company has enhanced its AI infrastructure through a strategic collaboration with Supermicro, offering a comprehensive platform for generative AI.

Financial Performance

Fujitsu’s full-year profit has declined to JPY219.807 billion, a decrease from the previous year. However, revenue rose 2.1% to JPY3.550 trillion for the period.

Key Financial Figures

• Revenue: JPY3.550 trillion (2.1% increase from the previous year)
• Profit: JPY219.807 billion (decrease from the previous year)

Note: All financial figures are in Japanese yen (JPY).