OREANDA-NEWS. Fujitsu today announced its decision to revise its forecast for dividends per share.

In the fiscal 2012 full-year non-consolidated results, Fujitsu posted significant loss on valuation of shares in affiliates and business restructuring charges, resulting in negative retained earnings. Accordingly, the company did not pay a fiscal 2012 year-end dividend or a fiscal 2013 interim dividend.

Fujitsu now anticipates, however, that its financial condition in fiscal 2013 will, on a non-consolidated basis, allow it to return to a level at which it will be able to resume dividend payments. This is on account of various measures Fujitsu took during fiscal 2013. For this reason Fujitsu has revised its fiscal 2013 year-end dividend forecast, and now plans to pay a dividend of 4 yen per share.

With respect to plans to distribute a fiscal 2013 year-end dividend from retained earnings, a formal decision will be made at the Board of Directors meeting scheduled to be held in May 2014.