As I wrote about Fujifilm (OTCPK:FUJIY) last week, that company is a relatively rare example of a Japanese conglomerate that has moved reasonably quickly to transform itself in response to changing market realities. If Fujifilm is the “after” picture, Fujitsu (OTCPK:FJTSY) is more like the “before” picture, as weak profitability in its manufactured products continues to weigh down the margin and cash generation potential of its more competitive services operations. Fortunately, management is not blind to these realities and has already initiated a process to transform the business away from its legacy hardware operations.
As of now, the Street isn’t buying the notion that Fujitsu will move itself away from low-to-no profit businesse…
Read the full article at: http://seekingalpha.com/article/4052392-restructuring-business-unlock-meaningful-value-fujitsu