Fujitsu announced on Thursday it was developing a new business enterprise integration corporation that would target on its domestic current market, which will start out functioning from July.
The new business enterprise, as nevertheless unnamed, will thrust cloud-initially systems, and is built up of existing Fujitsu divisions that seem just after area government, medical, and education and learning sectors in Japan, as very well as Fujitsu Marketing and advertising Ltd, which appears just after “second-tier private-sector firms and compact and medium-sized enterprises”, the corporation mentioned.
Fujitsu Marketing and advertising will just take the management positions of the new corporation, with Tatsuya Tanaka, who is set to turn out to be the chair of Fujitsu Marketing and advertising from April will be the director and chair, while his representative director, vice chair, and head of Fujitu’s Japan business enterprise group, Katsumi Nakano, will be the representative director and vice chair of the new corporation. Vice head of Japan business enterprise group and representative director, vice president of Fujitsu Marketing and advertising, Takayuki Sunada, will turn out to be representative director and vice president of the new business enterprise.
The new business enterprise will have about 9,000 workers.
Somewhere else in Japan on Thursday, Sony is developing a new keeping corporation for its electronics section. The new Sony Electronics Company will occur into becoming on April 1, and will be built up of the Electronics Solutions & Methods (EP&S) division, which is accountable for imaging goods, mobiles, and dwelling amusement and seem sectors.
In its third quarter final results to the finish of December 31, EP&S documented ¥650 billion in gross sales, down 9% yr on yr thanks to a drop in gross sales of smartphones and TVs, while functioning cash flow was ¥80 billion, up ¥14 billion on the very same quarter previous yr, and was a final result of restructuring the cellular business enterprise and costs through EP&S.
Sony mentioned it supposed to go on its restructuring of the cellular business enterprise in the fourth quarter, and this would lead to considerable one-time expenditures as it expects it to split even in the future fiscal yr. Mobile documented a financial gain for the third quarter.
For the full yr, Sony is expecting ¥2 trillion in gross sales from EP&S, with ¥111 billion in functioning cash flow.
In general for Sony, the corporation is expecting ¥8.5 trillion for the full yr, and ¥880 billion in functioning cash flow.