|Bid||8,811.00 x 0|
|Ask||8,822.00 x 0|
|Day's Range||8,694.00 - 8,911.00|
|52 Week Range||6,370.00 - 8,911.00|
|Beta (3Y Monthly)||0.96|
|PE Ratio (TTM)||46.18|
|Earnings Date||Oct 24, 2019 - Oct 28, 2019|
|Forward Dividend & Yield||160.00 (1.86%)|
|1y Target Est||8,102.30|
(Bloomberg) -- Takehiko Fujita wouldn’t be able to do his job selling eye drops and pain relievers without his pocket translator.Instead of an app, language dictionary, or call-in translation service, the clerk in a Japanese drugstore uses Pocketalk, a 25,000 yen ($230) device made by Sourcenext Corp. that looks like an oval puck. The gadget translates phrases to and from 74 languages, helping Fujita communicate with customers from Sweden, Vietnam and other countries.Tourists are flooding into Japan, with 31 million people visiting the archipelago in 2018, triple the number six years earlier, according to the Japan National Tourism Organization. Businesses are struggling with visitors looking to shop, eat and move around — a situation that will probably worsen during next year’s Tokyo Olympics. Seeking to tap into demand, electronics maker Fujitsu Ltd. and office supplier King Jim Co. are challenging Pocketalk’s 94% market share with their own products.“I’m not worried anymore,” said Fujita, who works at a Takeya store in Tokyo’s Okachimachi area. He used to rely on Google Translate to talk to customers, but now he picks up the Pocketalk dangling from his neck to chat with people. “I can speak to people who, at first glance, come from foreign countries and might not understand me.”While smartphone apps remain a popular — and common — translation tool, Pocketalk has carved out its own niche. Dedicated for just one purpose, the gadget has a sensitive microphone, and accesses machine translation and voice-recognition software from Google, Baidu and others, improving accuracy. More than 500,000 Pocketalk units have been sold since it debuted in 2017.Formerly a developer of greeting-card design software, Sourcenext collaborated with Dutch startup Travis, which had already developed a translator prototype, to create Pocketalk. Additionally, Sourcenext used expertise from Rosetta Stone Inc.’s Japan unit, which it bought in April 2017.Sourcenext is also targeting outbound Japanese tourists. Japan remains a relatively monolingual country, ranking 49th among 88 countries and regions in terms of English proficiency. A new Pocketalk model features a built-in global SIM card that’s active for two years in more than 100 countries, which lets the device access data to process translations.“With this tool, tourists are able to do things they couldn’t before,” said Hajime Kawatake, senior software designer at Sourcenext. There’s now growing interest from businesses in Japan that deal with foreigners, he said, adding that Sourcenext has received inquiries from more than 4,000 companies.Pocketalk’s success has helped to fuel a boom in Sourcenext’s shares. The stock has more than doubled since the device debuted in 2017. Revenue climbed 55% to 14.7 billion yen in the latest fiscal year that ended in March. Operating profit fell 31% to 860 million yen, however, as the company spent aggressively on marketing and advertising to defend market share.Fujitsu has been marketing its own translator, called Arrows Hello. The 30,000 yen product, on sale since May and similar in shape to the Pocketalk, is different because it has a camera that also translates text. Demand is particularly high among retailers as well as the transportation sector including taxi companies, according to Hiroshi Tamura, general sales manager at Fujitsu Connected Technologies.The market for language translators may be larger “than what we expect,” Tamura said.King Jim, which sells office stationery and supplies, released a desktop translator for stores on July 19. Called World Speak and priced at 148,000 yen, the device has two displays, one for the customer and another for store clerks. Shoppers can select their national flag on a screen to start translating in their native language.“Seeing so many foreign tourists and residents these days, we’re seeking to break the language barrier with our product,” said Masatoshi Takao, King Jim’s assistant research and development manager. Phrases are translated and delivered as audio, as well as on World Speak’s panel. Hotels, shopping complexes, hospitals and pharmacies have expressed interest in World Speak, which handles 72 languages, he said.“Now that Japan is a tourist destination, there’s no excuse for businesses to say ‘We don’t understand foreigners,’” said Eiji Mori, chief analyst at market researcher BCN. “They need to grow revenue, so translators will keep growing.”To contact the reporter on this story: Kantaro Komiya in Tokyo at firstname.lastname@example.orgTo contact the editors responsible for this story: Rachel Chang at email@example.com, Reed Stevenson, Jeff SutherlandFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Vingroup JSC, Vietnam's biggest-listed firm by market value, said on Friday it had signed a deal with Qualcomm and a unit of Japan's Fujitsu Ltd to produce 5G smartphones in the country. The Vsmart phones will be manufactured at its factory in the capital city of Hanoi and will be sold in the U.S. and European markets from April next year, Vingroup said in a statement. Vingroup launched Vsmart brand in December last year, seeking to win market share from popular brands Samsung and Apple in Vietnam, which has a population of 95 million people.
Compact footprint and RFID technology expands improved self-checkout experience into new retail markets
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Fujitsu Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Japan K.K. has affirmed Fujitsu Limited's A3 long-term issuer ratings. At the same time, Moody's has changed the outlook to negative from stable. "The negative outlook reflects Moody's concerns over Fujitsu's ability to execute its business plan, and the increasing uncertainty regarding its capacity to improve profitability to a level that is more in line with its global peers," says Masako Kuwahara, a Moody's Vice President and Senior Analyst.
TOKYO and PALO ALTO, Calif., May 13, 2019 /PRNewswire/ -- Fujitsu and Autonomic, a wholly owned subsidiary of Ford Smart Mobility, today announce a joint collaboration to offer OEMs1 worldwide a fast and flexible solution to support the automotive industry's transformation to mobility-as-a-service2 models. Leveraging Autonomic's expertise in cloud services for connected vehicles and Fujitsu's capabilities in technology integration and experience in the automotive space, the companies will initially deliver the Transportation Mobility Cloud (TMC) and Fujitsu systems integration services to Ford Motor Company, followed by a rollout to other automakers globally.
SAN JOSE, California, April 5, 2019 /PRNewswire/ -- Nok Nok Labs (Nok Nok), the trusted leader in next-generation authentication today announced that its partner Fujitsu Limited, has successfully deployed the Nok Nok™ S3 Authentication Suite (NNL S3 Suite) at Aflac Japan. Aflac Japan, which services over 15 million customers, was the first insurance provider to offer cancer insurance in Japan.
Fujitsu transport solution delivers critical resiliency in disaggregated data center interconnect network
In Japan, every emperor's era has its own name - appearing in places such as coins, official paperwork and newspapers - and with abdication coming at the end of April, speculation is swirling about what the new "gengo" will be. Although the Western calendar has become more widespread in Japan, many people here count years in terms of gengo or use the two systems interchangeably. Emperor Akihito's era, which began in 1989, is Heisei, making 2019 Heisei 31.
Fujitsu 1FINITY™ blades, Virtuora® software and deployment services provide turnkey upgrade for shared transport network
Japan's Nikkei closed at another nine-week high on Wednesday, as hopes for U.S.-China trade talks helped lift cyclical stocks such as autos and index-heavyweights including SoftBank Group. The gain came despite Japan's exports suffering their biggest drop in more than two years in January, as China shipments tumbled and orders for machinery goods fell sharply. "There are concerns about Japan's falling exports, but to investors who haven't caught up with the recent rally in Japanese stocks, there is a risk that they will fall behind the market's further rise if the trade talks go well," said Hiroyuki Ueno, a senior strategist at Sumitomo Mitsui Trust Asset Management.
Japan's Nikkei rose to more than two-month highs on Wednesday morning, as progress in U.S.-China trade talks helped lift cyclical stocks such as autos and electronic equipment firms. The optimism comes despite Japan's exports in January posting their biggest decline in more than two years as China shipments tumbled and orders for its machinery goods fell sharply. The market largely shrugged off weak trade data, which showed that Japan's exports fell 8.4 percent in January from a year earlier, focusing instead on stronger prospects of a potential U.S.-China trade deal that could boost equity markets.
New Fujitsu Smart xHaul plug-in transponder enables support for 5G transport over existing 4G infrastructure
Ultra-high capacity microwave and millimeter wave systems from BridgeWave now a key part of Fujitsu’s end-to-end transport solutions portfolio
Fujitsu 1FINITY™ transport blades deliver outstanding performance in Latin American carrier’s live 100G DWDM network
Fujitsu Frontech North America Inc., a leader in innovative technology and front-end solutions is previewing the Future of Retail Store Automation in its booth # 4405, at the National Retail Federation Show and Exhibition (Retail’s Big Show), January 13-15, 2019 at the Jacob K. Javits Convention Center in New York City. The highlighted demonstration, the Fujitsu RFID Gateway Self-Checkout enables shoppers to checkout without removing items from their basket while avoiding the long lines at POS. To facilitate payment at the gateway, Fujitsu is demonstrating the SecurPay™ Plus solution, a multi denomination cash and coin solution that will make payment quick and convenient.
Exclusive licensed distributor, FCPA, releases customizable keyboards for premium gaming experience SUNNYVALE, Calif. , Jan. 7, 2019 /PRNewswire/ -- Today, Fujitsu Computer Products of America, the sole ...