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July 29 , 2021 Fuji Electric Co. , Ltd. Consolidated Financial Results for the first quarter of the fiscal year ending March 31 , 2022 ( April 1 , 2021 - June 30 , 2021 ) Summary of Consolidated Financial Results ( Three months ended June 30 , 2021 ) 1. Summary of consolidated statements of operations Millions of Millions of yen 3 months FY2021 ( Apr. - Jun . ) ( A ) 3 months FY2020 ( Apr. - Jun . ) ( B ) Change ( % ) U.S. dollars 3 months FY2021 ( Apr. - Jun . ) ( A ) / ( B ) Net sales 189,958 168,844 112.5 % 1,727 Operating income 5,299 2,435 217.6 % 48 Ordinary income 5,909 2,639 223.9 % 54 Net income attributable to owners of parent 4,973 1,356 366.7 % 45 Yen U.S. dollars Net income per share 34.82 9.50 0.32 2. Summary of consolidated financial position Total assets Net assets Equity ratio ( % ) Millions of Millions of yen U.S. dollars 6/30/2021 3/31/2021 6/30/2021 1,019,030 1,051,952 471,057 41.8 % 461,254 39.6 % 9,264 4,282 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 Net income per share 294.04 < 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 -