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Fujitsu Limited (FJTSF)

16.68

+0.71

(+4.45%)

At close: April 25 at 3:59 PM EDT

Japan’s Fujitsu to Buy Back Up to $1.2 Billion of Its Shares

(Bloomberg) -- Fujitsu Ltd. said it will buy back up to 8.16% of its shares for as much as ¥180 billion ($1.2 billion) from May 1 to March 31 next year.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapPlunging Home Prices, Fleeing Companies: Austin’s Glow Is Fadi

Bloomberg 22 hours ago

FJTSY
+2.60%
Fujitsu and Oracle Collaborate to Deliver Sovereign Cloud and AI Capabilities in Japan

Fujitsu Limited and Oracle are collaborating to deliver sovereign cloud and AI capabilities that help address the digital sovereignty requirements of Japanese businesses and the public sector. With Oracle Alloy, Fujitsu will expand its Hybrid IT offerings for Fujitsu Uvance, which helps customers grow their businesses and solve societal issues. Fujitsu will be able to operate Oracle Alloy independently in its data centers in Japan with additional control over its operations.

PR Newswire 8 days ago

FJTSF
+4.45%
FJTSY
+2.60%
ORCL
Fujitsu to win digital ID cards contract despite Horizon scandal

The company that built the faulty Post Office Horizon software is in line to run a nationwide digital ID card scheme to be used in pubs and supermarkets.

The Telegraph last month

FJTSY
+2.60%
Fujitsu ‘to have received £3.4bn from Treasury-linked deals active since 2019’

Around £1.4 billion worth of deals have been awarded since the High Court ruled that there had been numerous bugs and errors in its Horizon software.

PA Media: Money 2 months ago

FJTSY
+2.60%
Fujitsu to wait for Horizon inquiry to near end before deciding on compensation

Earlier this month, the technology giant told MPs it will contribute towards compensation payments for Post Office subpostmasters.

PA Media: Money 2 months ago

FJTSY
+2.60%
Post Office scandal company to sell supermarket face-scanners

Fujitsu, the Japanese IT giant at the centre of the Post Office Horizon scandal, is planning to introduce artificial intelligence face-scanning systems into Britain’s supermarkets to automatically check shoppers’ ages.

The Telegraph 2 months ago

FJTSY
+2.60%
UPDATE 2-UK Post office chairman to depart in fallout from Horizon IT scandal

The chairman of the UK Post Office will step down, the government said on Saturday, amid growing frustration over the state-owned company's governance as it reels from a scandal which led to the wrongful conviction of hundreds of sub-postmasters. British business minister Kemi Badenoch and Post Office Chair, Henry Staunton, "agreed to part ways with mutual consent" in a phone call earlier, a government spokesperson said in a statement. Staunton joined the Post Office board in December 2022.

Reuters 2 months ago

FJTSY
+2.60%
Fujitsu vows to compensate victims of Post Office Horizon IT scandal

The Japanese technology firm offered its ‘deepest apologies’ to subpostmasters and their families in a fresh statement on Thursday.

PA Media: Money 3 months ago

FJTSY
+2.60%
Badenoch seeks talks with Fujitsu on Horizon compensation

The Business Secretary has written to the company which developed the faulty IT system for the Post Office.

PA Media: Money 3 months ago

FJTSY
+2.60%
$1bn wiped off Fujitsu after 'truly sorry' Post Office testimony

The Japanese technology giant at the heart of the Post Office Horizon scandal lost $1bn (£790m) in value overnight after executives said the company had a “moral obligation” to help compensate victims.

The Telegraph 3 months ago

FJTSY
+2.60%
Fujitsu Takes $1 Billion Knock as Post Office Scandal Escalates

(Bloomberg) -- More than $1 billion was wiped off the value of Fujitsu Ltd. on Wednesday after the company’s European chief said it had a moral responsibility to provide compensation for its role in the UK Post Office scandal.Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHedge Funds Rake in Huge Profits Betting on Catastrophe RiskGloom Over China Assets Is Spreading Beyond Battered StocksSony Sends Termination Letter to Zee Over India MergerMorgan Stanle

Bloomberg 3 months ago

FJTSY
+2.60%
‘Truly sorry.’ Fujitsu says it will compensate UK postal workers who were ruined by its software

Japanese technology company Fujitsu has a “moral obligation” to compensate the victims of Britain’s Post Office scandal, the boss of its European arm said Tuesday.

CNN Business 3 months ago

FJTSY
+2.60%
Fujitsu Says It Will Pay Compensation in Post Office Scandal

(Bloomberg) -- An executive at Fujitsu Ltd., whose software contributed to improper convictions of UK Post Office sub-postmasters, said the company has a “moral responsibility” to help provide redress for those who suffered as a result.Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHedge Funds Rake in Huge Profits Betting on Catastrophe RiskGloom Over China Assets Is Spreading Beyond Battered StocksTrump Retires ‘DeSanctimonious’ Insult After DeSantis Bac

Bloomberg 3 months ago

FJTSY
+2.60%
‘Moral obligation’ to contribute to Horizon scandal redress, says Fujitsu boss

It comes as Alan Bates and other campaigners blamed red tape and bureaucracy amid anger over delays for subpostmasters accessing compensation.

PA Media: Money 3 months ago

FJTSY
+2.60%
How is Fujitsu involved in the Post Office IT scandal?

The PA news agency looks at the company and its role in the scandal.

PA Media: Money 3 months ago

FJTSY
+2.60%
Taxpayers could face deadline ‘chaos’ after HMRC hit by Fujitsu strikes

Taxpayers battling to file for self-assessment on time could be hit by strike action from more than 300 Fujitsu Services UK staff working for HM Revenue & Customs (HMRC), experts have warned.

The Telegraph 3 months ago

FJTSY
+2.60%
Provider of faulty computer system apologizes to hundreds affected by UK Post Office scandal

Fujitsu, the company whose faulty computer accounting system resulted in the wrongful conviction of hundreds of Post Office branch managers across the U.K., apologized to the victims on Tuesday for its role in the one of the country's biggest miscarriages of justice and said it was long aware that the software had bugs. Paul Patterson, Europe director of Japan's Fujitsu Ltd., told a committee of lawmakers that the company will provide funds to compensate branch managers, some of whom were imprisoned for theft or fraud for the failures of the accounting software that was first introduced in 1999.

Associated Press Finance 3 months ago

FJTSY
+2.60%
Fujitsu Speeds Aircon Deal, Sees AI Helping $5 Billion Sales

(Bloomberg) -- Fujitsu Ltd. aims to jumpstart stalled negotiations to sell a $730 million stake in its air-conditioning business, a deal that may help propel its expansion into a hot nascent market for AI services.Most Read from BloombergQuake Hits Northwestern Japan, Killing Four, Wrecking HomesIndia’s Crude Oil Imports From Russia Plunge on Payment IssuesIran Sends Warship to Red Sea After US Sinks Houthi BoatsMaersk Halts Red Sea Shipping as US Navy Sinks Houthi BoatsPutin Says He Wants Peace

Bloomberg 4 months ago

FJTSY
+2.60%
Fujitsu boosts digital transformation capabilities with MF & Associates acquisition

Fujitsu Limited and its Australian division, Fujitsu Australia Limited, announced on Tuesday their plans to acquire Canberra-based digital transformation consultancy, MF&Associates. This acquisition is the latest in a series of strategic global M&A moves aimed at bolstering Fujitsu's business delivery capabilities in key areas such as management, technology, and cyber security consulting, particularly within the public sector and healthcare industries in Australia.

Investing.com 7 months ago

FJTSF
+4.45%
FJTSY
+2.60%
Fujitsu and the Linux Foundation launch Fujitsu's automated machine learning and AI fairness technologies as Linux Foundation hosted open source projects

Fujitsu Limited and the Linux Foundation today marked the official launch of Fujitsu's automated machine learning and AI fairness technologies as open source software (OSS) ahead of Open Source Summit Europe 2023, running in Bilbao, Spain, from September 19-21, 2023. The two projects will offer users access to software that automatically generates code for new machine learning models, as well as a technology that addresses latent biases in training data.

PR Newswire 7 months ago

FJTSF
+4.45%
FJTSY
+2.60%

Performance Overview

Return	FJTSF	Nikkei 225
YTD	+13.90%	+13.22%
1-Year	+34.46%	+33.33%
3-Year	+56.05%	+30.08%

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Fujitsu Limited (FJTSF)

Japan’s Fujitsu to Buy Back Up to $1.2 Billion of Its Shares

Fujitsu and Oracle Collaborate to Deliver Sovereign Cloud and AI Capabilities in Japan

Fujitsu to win digital ID cards contract despite Horizon scandal

Fujitsu ‘to have received £3.4bn from Treasury-linked deals active since 2019’

Fujitsu to wait for Horizon inquiry to near end before deciding on compensation

Post Office scandal company to sell supermarket face-scanners

UPDATE 2-UK Post office chairman to depart in fallout from Horizon IT scandal

Fujitsu vows to compensate victims of Post Office Horizon IT scandal

Badenoch seeks talks with Fujitsu on Horizon compensation

$1bn wiped off Fujitsu after 'truly sorry' Post Office testimony

Fujitsu Takes $1 Billion Knock as Post Office Scandal Escalates

‘Truly sorry.’ Fujitsu says it will compensate UK postal workers who were ruined by its software

Fujitsu Says It Will Pay Compensation in Post Office Scandal

‘Moral obligation’ to contribute to Horizon scandal redress, says Fujitsu boss

How is Fujitsu involved in the Post Office IT scandal?

Taxpayers could face deadline ‘chaos’ after HMRC hit by Fujitsu strikes

Provider of faulty computer system apologizes to hundreds affected by UK Post Office scandal

Fujitsu Speeds Aircon Deal, Sees AI Helping $5 Billion Sales

Fujitsu boosts digital transformation capabilities with MF & Associates acquisition

Fujitsu and the Linux Foundation launch Fujitsu's automated machine learning and AI fairness technologies as Linux Foundation hosted open source projects

Performance Overview