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Fujitsu has turned a profit in the first quarter with a profit and loss of 21.3 billion yen.
Fujitsu (6702) announced that its Q1 financial results for the fiscal year ending March 2025 showed sales revenue of 830.03 billion yen, a 3.8% increase YoY, and operating profit of 21.387 billion yen (compared to a loss of 1.88 billion yen in the same period last year), exceeding the consensus estimate of about 1.77 billion yen. The company's main IT services business, driven by the DX demand, performed well domestically. For the fiscal year ending March 2025, sales revenue is expected to be 3,760 billion yen, a slight increase of 0.1% over the previous year, and operating profit is expected to increase by 16.3%, reaching 330 billion yen.
Sumiseki Holdings: March 2025 quarter 1 financial results announcement [Japan standard] (consolidated)
Sumiseki Holdings 1Q Loss Y92.00M Vs Loss Y14.00M
Sumiseki Holdings Sees 1H Net Y2.10B
Nikkei average fell by 1187 yen, attention to corporate earnings and US economic indicators.
The Nikkei Average is down 1,187 yen as of 14:40. In terms of contribution to the Nikkei Average, SoftBank Group <9984>, Tohoku Electric Power <8035>, Advantest <6857>, etc. are among the top negative contributors, while BanNam HD <7832>, Nitori HD <9843>, OLC <4661> etc. are among the top positive contributors. In terms of sectors, electric appliances, insurance, securities, futures, machinery, and banking are the top declining sectors, while air transportation, fisheries and forestry, pulp and paper, and land transportation are on the rise.
SMBC Nikko Securities decrases its stake in Sumiseki Holdings(1514.JP) to 19.43%
On Jul 25, SMBC Nikko Securities and related parties submitted the Change Report to Ministry of Finance. The report shows that SMBC Nikko Securities and related parties decreased their holdings in $
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