Fujitsu Limited
CorpDigest
Fujitsu Limited
Financial Performance
Last reviewed: June 2026 · By Swet Parvadiya
Revenue
$28.5B
Market Cap
$38.0B
Net Income
$950M
Employees
120,000
This absolute dominance in critical national infrastructure defines the operational reality of Fujitsu, a Tokyo-based IT services and digital transformation conglomerate that generated $28.5 billion USD (4.20 trillion JPY) in FY2024 revenue by systematically dismantling its legacy hardware empire to concentrate entirely on high-margin managed services, proprietary digital platforms, and sustainable technology solutions. The company's financial architecture is the result of a ruthless, multi-year strategic divestiture program that eliminated over $5 billion in low-return, capital-intensive assets — including the complete exit from the personal computer market via the sale of its remaining stake to Lenovo in 2023 — to concentrate entirely on scalable, IP-driven business models. Fujitsu Limited is a premier global IT services and digital transformation conglomerate, generating $28.5 billion in FY2024 revenue by owning and operating a highly optimized portfolio of managed services, cloud infrastructure, and advanced digital platforms. Fujitsu generated $28.5 billion in FY2024 revenue, operating as the undisputed global leader in Japanese critical IT infrastructure and a formidable global provider of advanced managed services and digital transformation solutions, with a massively optimized portfolio anchored by the Kozuchi co-creation platform and the Uvance sustainable technology framework. In fiscal year 2024, which ended on March 31, 2024, Fujitsu Limited generated $28.5 billion USD (4.20 trillion JPY) in total revenue, representing a strong stabilization and margin expansion following the massive, multi-year divestiture of its legacy hardware assets. The company's profitability metrics experienced a massive structural improvement, with operating profit reaching approximately $1.2 billion USD (180 billion JPY), reflecting an operating margin of roughly 4.3%, a dramatic increase from the low-single-digit margins that characterized the company's historical hardware and custom system integration portfolio. In FY2024, Fujitsu executed one of the largest share repurchase programs in Japanese corporate history, using billions of dollars in free cash flow and asset sale proceeds to drastically reduce its outstanding share count, thereby boosting the per-share earnings and reinforcing the company's commitment to maximizing shareholder value.
Revenue Trend Analysis
YoY Change
+1.8%
2-Year CAGR
-5.6%
Peak Year
2022
Trend
Mostly Growing
Fujitsu Limited has reported revenue across 3 fiscal years, compounding at -5.6% annually over 2 years. The most recent year saw a 1.8% increase versus the prior year. Revenue peaked in 2022 at $32.0B. Out of 2 reported periods, 1 showed growth and 1 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $28.5B | $950M | +1.8% |
| FY2023 | $28.0B | — | -12.5% |
| FY2022 | $32.0B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
For the fiscal year ended March 31, 2024, Fujitsu reported operating profit of roughly ¥180 billion (about $1.2 billion) on revenue of ¥4.20 trillion ($28.5 billion). That translates to an operating margin of around 4.3%. The result reflected margin expansion following years of divesting low-return hardware assets.
Fujitsu's Medium-Term Management Plan targets an operating profit margin of 8% and a return on invested capital of 10%. Those goals mark a sharp step up from the roughly 4.3% operating margin recorded in FY2024. Management aims to reach them through managed-services growth and continued cost restructuring.
In FY2024 Fujitsu executed one of the larger share repurchase programs in Japanese corporate history, funded by free cash flow and proceeds from asset sales. Combined with dividends, the buybacks were designed to raise per-share earnings and narrow a long-standing valuation discount. The company maintains a net cash position and an investment-grade credit rating.
Heavy hardware write-downs during the mid-2010s pushed Fujitsu to begin divesting cyclical, low-margin businesses starting around 2015. The program eliminated billions of dollars of low-return assets, culminating in the 2023 exit from PCs. The cleaner portfolio helped Fujitsu stabilize revenue near ¥4.20 trillion while expanding margins by FY2024.
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CorpDigest. "Fujitsu Limited Revenue & Financials." CorpDigest, https://corpdigest.com/company/fujitsu/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Fujitsu Limited reported $29B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/fujitsu/financials" target="_blank" rel="noopener">CorpDigest — Fujitsu Limited financials</a></div>