fujitsu frontech ltd (6945) Snapshot

Fujitsu Frontech Ltd. reported consolidated earnings results for the year ended March 31, 2013. For the period, the company reported net sales of JPY 100,520 million against JPY 101,150 million a year ago. Operating income was JPY 2,356 million against JPY 2,319 million a year ago. Ordinary income was JPY 2,364 million against JPY 2,054 million a year ago. Net income was JPY 400 million or JPY 16.62 per diluted share against JPY 657 million or JPY 27.35 per diluted share a year ago. Return on equity was 1.2% against 2.0% a year ago. Cash flows from operating activities were JPY 6,796 million against JPY 975 million a year ago. The company declared year end dividend of JPY 8 per share compared to JPY 8 paid per share a year ago. The company expects second quarter dividend of JPY 8 per share for the year ending March 31, 2014. The company expects year end dividend of JPY 8 per share for the year ending March 31, 2014. For the six months ending September 30, 2013, the company expects net loss of JPY 400 million or JPY 16.70 per share, ordinary loss of JPY 300 million, and operating income of JPY 100 million on net sales of JPY 45,200 million. For the year ending March 31, 2014, the company expects net income of JPY 1,500 million or JPY 62.63 per share, ordinary income of JPY 2,500 million, and operating income of JPY 3,700 million on net sales of JPY 103,000 million.

Fujitsu Frontech Ltd. announced that they will report fiscal year 2012 results on Apr 26, 2013

Fujitsu Limited, Fujitsu Frontech Limited and Fujitsu Laboratories Limited announced a practical version of the world's smallest, slimmest and lightestcontact-free vein authentication sensor. There are a multitude of vein authentication devices in the market, including those for the finger or back of the hand, but the newly developed sensor is unique for its compact form factor, being 5.2 mm thinner and 56% lighter than conventional sensors. At approximately 4.0 g, the size has been reduced to a 25.0 mm width, a 25.0 mm depth, and a height of 6.0 mm. This makes it easier to incorporate into a broader range of electronic devices, including the thinnest of notebook PCs and tablets. This, in turn, helps to expand the range of potential applications for palm vein authentication. With the inclusion of a feature that continuously captures palm vein images, instantly pick out the best image for authentication, and automatically verify, users can easily perform authentication by simply placing their palm lightly over the sensor. To enable biometric authentication to be utilized in a wider range of locations and circumstances, Fujitsu has sought both robust security and superior user-friendliness for its palm vein authentication technology. At the same time, it also aims to develop smaller, thinner sensors that can be incorporated into a variety of electronic devices. Fujitsu has worked to develop and commercialize thin, miniature sensors capable of being integrated into the design of notebook PCs. However, in order to make the technology readily applicable to an even broader range of applications, there has been significant demand for even thinner and smaller sensors that maintain the same high standards of security and usability. With an eye toward incorporating this sensor into a variety of electronic devices, Fujitsu has developed the world's smallest, slimmest and lightest vein authentication sensor among a multitude of vein authentication devices, including those for the finger or back of the hand. Moreover, to facilitate integration with older versions of PalmSecure and to help users migrate to the new technology, Fujitsu has ensured compatibility with older generations while preserving the same usability, including continuous image capture and automatic verification functionality. The key features of the new sensor are as follows: World's smallest, slimmest and lightest sensor: To enable an even smaller and slimmer form factor, Fujitsu newly designed lighting and optical systems as components inside the sensor used for image capture. In fully leveraging its advantages as a palm vein authentication sensor that is contact-free and employs an image-reflective method for authentication, the new sensor is 25.0 mm wide, 25.0 mm deep, and 6.0 mm tall, and weighs 4.0 g or 56% less than conventional sensors. As a result, the new sensor is the world's smallest, thinnest and lightest of its kind, thereby greatly increasing the range of devices into which it can be incorporated. Same convenient operations through continuous image capture and automatic verification. The new sensor is able to continuously capture palm vein images, instantly pick out the best image for authentication, and automatically verify. This allows users to perform authentication by simply placing their palm lightly over the sensor for high accuracy and convenience. Can be used in combination with previous PalmSecure technology: For customers who currently use older PalmSecure technology (notebook PC sensors, built-in keyboard sensors for desktop PCs, attachable PalmSecure-SL sensors), Fujitsu has ensured that the new technology is compatible with older registration/authentication data formats and employs the same familiar operation methods, such as the way users hold their hand over the sensor. This makes it easy to use the new sensor in combination with existing sensors while also helping users migrate to the new technology. Compared to finger veins, palm veins are more numerous and create complex patterns, resulting in a higher volume of data. Consequently, the system's recognition accuracy is extremely high, with a false-negatives rate of 0.01% (a single retry) and a false-positives rate of 0.00008%. Furthermore, the fact that the system uses an individual's thicker veins allows for stable operations over time. Lastly, the system is contact-free, helping to reduce any existing psychological burdens placed on users.