Fujitsu Ltd (OTCPK:FJTSF)

$ 15.8 -2.53 (-13.8%) Market Cap: 31.54 Bil Enterprise Value: 32.16 Bil PE Ratio: 17.61 PB Ratio: 2.56 GF Score: 78/100

Fujitsu Ltd New Medium-term Management Plan Briefing Transcript

May 24, 2023 / 06:30AM GMT

Release Date Price: $13.25 (+0.21%)

Transcript

Unidentified Company Representative

And it is time, we would like to begin. Before we begin the explanation of the midterm management plan, CEO Tokita will talk about the recent system failure.

Takahito Tokita

Fujitsu Limited - President, CEO & Representative Director

At our company, we had reiterated, repeated information security incidents and systems quality (inaudible) that our company and our group companies of late, and we have caused much concern and inconvenience to our customers and related parties, so I would like to once again offer my deepest apologies.

Regarding information security, there were unauthorized access to project, web and information security incidents in the cloud services. We have cost inconvenience and concern. We apologize for that. And there were a series of troubles for affiliate (inaudible) delivery system, and we ended up undermining the trust that residents have in the public administrative services they use. As announced yesterday, we have asked each municipality to conduct across the board system checks with system

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