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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For further details see:
Fujitsu Limited: Short-Term Pain For Long-Term Gain