Fujitsu to Divest FDK Shares in Strategic Portfolio Shift

Tip Ranks
2025.02.12 08:32
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Fujitsu has announced its decision to divest all shares of its subsidiary, FDK Corporation, as part of a strategic portfolio transformation. This move aims to enhance corporate value by reallocating resources towards digital and cloud services, moving away from FDK's battery and electronics businesses due to intense competition. The agreement with Silitech Technology Corporation reflects Fujitsu's focus on digital innovation and growth areas. The company is transitioning from an ICT firm to a digital transformation leader, with a current market cap of $35.5 billion and a year-to-date price performance of 23.84%.

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An announcement from Fujitsu ( (JP:6702) ) is now available.

Fujitsu announced its decision to tender all shares of its consolidated subsidiary, FDK Corporation, as part of a strategic move to accelerate its portfolio transformation. The agreement with Silitech Technology Corporation aims to enhance Fujitsu’s corporate value by reallocating resources to digital and cloud services and shareholder returns, reflecting a shift in Fujitsu’s focus away from FDK’s battery and electronics businesses amid fierce industry competition.

More about Fujitsu

Fujitsu Limited is a global technology company transitioning from an information and communication technology firm to a digital transformation company. It focuses on creating innovations through digital technology and data, with key strategies in business model transformation, customer success, technology, and people. Fujitsu is enhancing its value by investing in growth areas like digital and cloud services.

YTD Price Performance: 23.84%

Average Trading Volume: 5,430

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $35.5B

Find detailed analytics on 6702 stock on TipRanks’ Stock Analysis page.

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