FJTSY - Fujitsu Limited: Short-Term Pain For Long-Term Gain

2024-04-11 12:10:45 ET

Summary

• Fujitsu Limited plans to expand its consulting team in the next few years, which should lay the foundation for stronger revenue growth in the long run.
• But an increase in the number of consultants might be a drag on the company's operating profitability for the near term.
• I remain bullish on Fujitsu Limited, as I am impressed by its willingness to endure short-term pain (higher expenses) to enjoy long-term gains (top line growth acceleration).

Elevator Pitch

Fujitsu Limited ( FJTSF ) ( FJTSY ) [6702:JP] is rated as a Buy.

I previously touched on the potential catalysts for Fujitsu Limited in my November 5, 2020 initiation article . My current update focuses on the company's short-term outlook and long-term prospects....

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