Fujitsu counts cost of Japan earthquake

Hardware vendor reveals production of multiple product lines was affected by last month's disaster

The fallout from the earthquake in Japan has cost Fujitsu more than ¥11.6bn, the firm has revealed.

The hardware giant confirmed in a stock exchange announcement that the earthquake and tsunami, which hit the north east of Japan last month, have caused widespread disruption to its manufacturing and delivery schedules.

In particular, the production of its semiconductors, x86 servers, desktop PCs, networking and mobile phone products have all been affected.

In the statement, Fujitsu said the problems had resulted in it posting an "extraordinary loss" of ¥11.6bn in its full-year results, to cover the cost of restoring its manufacturing facilities in the region.

The company added that its operating income has also slumped by approximately ¥13bn because of the impact that product shortages were having on sales.

Looking ahead, the firm said its facilities had returned to full production capacity last week, but said it was too soon to speculate on how the disaster will affect its financial performance in future.

"The effect on the consolidated results in the fiscal year ending 31 March, 2012 is unknown at this time," the statement said. "This is due to concerns over the procurement of raw materials and components, as well as the increasing uncertainty on domestic ICT investments."