--- title: "Fujitsu Shares Tumble After Weaker-Than-Expected Earnings Forecast" type: "News" locale: "en" url: "https://longbridge.com/en/news/284689234.md" description: "Fujitsu's shares fell over 15% after the company reported weaker-than-expected earnings forecasts, with a projected 31% drop in net profit for the current fiscal year. The stock, which is down 26% year-to-date, faced significant losses amid concerns over AI's impact on the software sector. Fujitsu announced a share buyback plan of up to 150 billion yen to enhance shareholder returns. The company's revenue and operating profit guidance were below analyst estimates, contributing to the stock's decline." datetime: "2026-04-30T03:55:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284689234.md) - [en](https://longbridge.com/en/news/284689234.md) - [zh-HK](https://longbridge.com/zh-HK/news/284689234.md) --- # Fujitsu Shares Tumble After Weaker-Than-Expected Earnings Forecast By Jason Chau Shares of Fujitsu tumbled after the Japanese software and IT services company's earnings forecast missed consensus market estimates. The stock fell over 15% to 3,133 yen, equivalent to $19.53, Thursday morning in Tokyo trading before recouping some losses. The shares were 13% lower at Y3,198 at midday, on track for the largest single-day decline in 11 years. The company said late Tuesday that its annual revenue for the fiscal year ended March fell 1.3% from the prior year. It also forecast net profit for the current fiscal year to drop 31% from a year earlier. Its revenue and operating profit guidance of 3.510 trillion yen and 415.00 billion yen, respectively, were below average analyst estimates of 3.678 trillion yen and 431.15 billion yen, respectively, according to polls conducted by LSEG. Fujitsu's shares didn't trade on Wednesday, as markets in Japan were closed for a holiday. The stock is down 26% year-to-date, significantly underperforming the broader Nikkei 225 index, which is up 19% over the same period. Software and IT services stocks have sold off in recent months amid growing investor concerns over AI's disruption to the sector, fueling fears of a 'software apocalypse'. Fujitsu is seeking to integrate AI agents into its consulting services and is targeting new growth opportunities in physical AI. The firm also announced a share buyback plan of up to 150 billion yen on Tuesday aimed at enhancing shareholder returns and promoting capital efficiency. Write to Jason Chau at jason.chau@wsj.com (END) Dow Jones Newswires April 29, 2026 23:36 ET (03:36 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [FJTSY.US](https://longbridge.com/en/quote/FJTSY.US.md) - [6702.JP](https://longbridge.com/en/quote/6702.JP.md) ## Related News & Research - [Trusco Nakayama and Fujitsu accelerate personnel transfer decision-making process with data and AI](https://longbridge.com/en/news/287008911.md) - [Ashikaga Bank launches Fujitsu's service supporting digitalization of Inheritance Procedure](https://longbridge.com/en/news/286754878.md) - [Fujitsu and Science Tokyo launch joint research hub for quantum hardware advancement and talent development](https://longbridge.com/en/news/286532476.md) - [Fujitsu and IBM Japan formalize collaboration in healthcare sector](https://longbridge.com/en/news/286528880.md) - [Google's latest AI flex came with Silicon Valley's new favorite word](https://longbridge.com/en/news/286951990.md)