Notice Regarding Liquidation of Specified Subsidiary

Tokyo, August 25, 2011

Fujitsu Limited has announced that its Board of Directors today decided to liquidate its specified subsidiary, Fujitsu International Finance (Netherlands) B.V. ("FIF").

1. Reason for Liquidation

FIF was established to conduct Group financing activities in Europe. Now, however, because its Group financing role has concluded, Fujitsu made the decision to liquidate FIF.

2. Company Outline

1. Name: Fujitsu International Finance (Netherlands) B.V.
2. Representative: Masao Kasugai, Managing Director
3. Head Office Location: Atrium, Strawinskylaan 3105, 1077 ZX, Amsterdam, The Netherlands
4. Date of Establishment: May 4, 1988
5. Business Activities: Group financing for overseas affiliates
6. Capital: Euro 265,341,955.86
7. Ownership of Shares: 100% Fujitsu Limited
8. Number of Shares Issued: 584,737 shares
9. Financials for the Past Three Fiscal Years Ended March 31

Financials for the Past Three Fiscal Years Ended March 31 (million yen)

	2009	2010	2011
Net Sales	26	3	3
Operating Income	17	-5	-8
Ordinary Income	869	13	-8
Net Income	862	12	-1
Net Income (per share)	0.001	0	0
Total Assets	4,422	4,264	4,003
Net Assets	4,405	4,251	3,998
Net Assets (per share)	0.01	0.01	0.01
Dividend (per share)	-	-	-

3. Schedule

Liquidation to be completed as of March 31, 2012 (planned)

4. Impact on Financial Results

The liquidation of FIF will elicit no impact on income before income taxes and minority interests. However, including the effect of foreign exchange fluctuations, Fujitsu anticipates a decline of approximately \10.0 billion in income taxes in line with this liquidation.

In addition, because this impact was already factored into the consolidated first-half and full-year forecasts for the fiscal year ending March 31, 2012, as stated in FY 2011 First-Quarter Financial Results announced on July 28, 2011, earnings projections will not be revised.