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April 27 , 2021 Fuji Electric Co. , Ltd. Consolidated Financial Report for the fiscal year ending March 31 , 2021 ( April 1 , 2020 - March 31 , 2021 ) Summary of Consolidated Financial Results - 1. Summary of consolidated statements of operations Millions of yen Millions of U.S. dollars FY2020 FY2019 Change ( % ) FY2020 ( A ) ( B ) ( A ) / ( B ) Net sales 875,927 900,604 97.3 % 7,963 Operating income 48,595 42,515 114.3 % 442 Ordinary income 50,401 44,513 113.2 % 458 Net income attributable to owners of parent 41,926 28,793 145.6 % 381 Yen U.S. dollars Net income per share 293.52 201.57 2.67 2. Summary of consolidated financial position Total assets Net assets Equity ratio ( % ) Millions of yen 3/31/2021 3/31/2020 1,051,952 996,827 461,254 406,002 39.6 % 36.7 % Millions of U.S. dollars 3/31/2021 9,563 4,193 Note : U.S. dollar amounts in this financial report are translated , for convenience only , at the rate of ¥ 110 = U.S. $ 1 3. Forecast of consolidated earnings for the fiscal year ending March 31 , 2022 ( April 1 , 2021 - March 31 , 2022 ) Millions of yen FY2021 Net sales 900,000 Operating income 60,000 Ordinary income 61,000 Net income attributable to owners of parent 42,000 Yen FY2021 294.04 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-