Fujitsu Adjusts European Subsidiary Reorganization Plans

Fujitsu ( (JP:6702) ) has shared an update.

Fujitsu has announced changes to its planned reorganization of its European subsidiaries, initially set to be completed by April 2025. The reorganization aims to integrate European services under Fujitsu Technology Solutions and manage the hardware business through a European subsidiary of Fsas Technologies Inc. However, due to delays in obtaining necessary approvals, the completion date has been postponed. The hardware business will temporarily remain under Fujitsu’s management, with plans to transfer it to Fsas Technologies Inc. after reorganization. These changes are expected to have a negligible impact on Fujitsu’s financial results for the current fiscal year.

More about Fujitsu

Fujitsu Limited is a global leader in the technology industry, primarily offering IT services and products such as servers and storage solutions. The company focuses on integrating technology solutions to enhance business operations across various sectors.

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