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January 28 , 2021 Fuji Electric Co. , Ltd. Consolidated Financial Results for third quarter of the fiscal year ending March 31 , 2021 - December 31 , 2020 ) ( April 1 , 2020 - Summary of Consolidated Financial Results ( Nine months ended December 31 , 2020 ) 1. Summary of consolidated statements of operations Millions of yen Millions of U.S. dollars 9 months FY2020 ( Apr. - Dec . ) 9 months FY2019 ( Apr. - Dec . ) 9 months Change ( % ) FY2020 ( Apr. - Dec . ) ( A ) ( B ) ( A ) / ( B ) Net sales 561,310 611,732 91.8 % 5,450 Operating income 14,073 16,836 83.6 % 137 Ordinary income 13,956 17,713 78.8 % 135 Net income attributable to owners of parent ( 4,033 ) 10,284 ( 39 ) Yen U.S. dollars Net income per share ( 28.24 ) 72.00 ( 0.27 ) 2. Summary of consolidated financial position Total assets Net assets Equity ratio ( % ) Millions of yen 12/31/2020 3/31/2020 1,078,999 996,827 424,863 406,002 35.5 % 36.7 % Millions of U.S. dollars 12/31/2020 10,476 4,125 Note : U.S. dollar amounts in this financial report are translated , for convenience only , at the rate of ¥ 103 = U.S. $ 1 3. Forecast of consolidated earnings for the fiscal year ending March 31 , 2021 ( April 1 , 2020 - March 31 , 2021 ) Millions of yen FY2020 Net sales 860,000 Operating income 41,000 Ordinary income 42,500 Net income attributable to owners of parent 33,000 Yen FY2020 231.03 Net income per share < Cautionary Statements With Respect to Forward - Looking Statements > Statements made in this financial report with respect to Fuji Electric's future performance are forward - looking statements based on management's assumptions and beliefs in light of the information currently available to it . Accordingly , actual results could differ from those contained in any forward - looking statements . Potential risks and uncertainties include : • Sudden changes in general economic conditions in Fuji Electric's markets and changes in its operating environment such as those resulting from changes in trade regulations • Exchange rate , particularly between the yen and the U.S. dollar and Asian and European currencies • The ability of Fuji Electric and its subsidiaries to develop and introduce products that incorporate new technology in a timely manner and to manufacture them in a cost - effective way • The rapid pace of technological innovation , especially in the field of electronics • Sudden changes in the supply and demand balance in the markets Fuji Electric serves ⚫Problems involving the intellectual property of Fuji Electric and other companies • Stock market conditions in Japan - more -