Fuji Electric Co., Ltd. Reports Earnings Results for the First Half of Fiscal Year 2020
October 28, 2020
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Fuji Electric Co., Ltd. reported earnings results for the first half of fiscal year 2020. For the period, Net sales decreased JPY 49.7 billion to JPY 357 billion. Excluding gain on translation of earnings of overseas subsidiaries, net sales decreased JPY 50.2 billion in real terms. Operating income decreased JPY 5.8 billion to JPY 5.3 billion. Nonoperating income, net of nonoperating expenses, increased JPY 100 million. As a result, ordinary income was JPY 5.2 billion. Net income attributable to owners of parent decreased JPY 3.9 billion to JPY 2.1 billion.
Fuji Electric Co specializes in manufacturing and marketing electric and electronic components. Net sales break down by family of products as follows:
- electric equipments and systems (38.7%): generators, meters, electricity transmission and control systems, etc. for individuals and thermal and hydraulic industries;
- electronic equipments and components (33.8%): magnetic contactors, magnetic contactors, uninterruptible power supply systems, power control systems, semiconductors, magnetic disks, energy distribution systems, etc.;
- vending machines (12.4%): hot and cold beverages, snacks, money distributors, etc.;
- industrial electric equipments (11.7%): primarily installation control systems, measurement instruments, power supply systems and captors;
- other (3.4%).
FUJI ELECTRIC CO., LTD 
