Moody's may boost Fujitsu

Moody's Investors Service said it placed under review for possible upgrade the Baa1 senior unsecured long-term debt ratings of Fujitsu, Ltd. and its supported subsidiaries.

The action reflects ongoing improvements in Fujitsu's profitability and financial position due to the company's growing focus on the technology solution business, Fitch said.

Fujitsu has strengthened its earning base gradually, improving the profitability of its technology solutions segment in addition to stabilizing profit through restructuring and continuous cost-cutting, the agency said. As a result, Fujitsu has steadily enhanced its profitability.

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