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Corporate News

28 October 2004  Japan
Fujitsu Reports FY 2004 First-Half Financial Results

Tokyo, October 28, 2004 – Fujitsu Limited, a leader in customer-focused IT and communications solutions for the global marketplace, today reported consolidated net sales of 2,220.0 billion yen (approximately US$20,182 million*) for the first half of fiscal 2004 (April 1 - September 30, 2004), an increase of 3.6% over the same period last year. Double-digit sales increases in system chips, 3G mobile phone base stations, and hard disk drives were offset by lower than expected sales of mobile phone handsets and solutions and systems integration services. Excluding the impact of restructuring last fiscal year, on a continuing operations basis Fujitsu's first-half net sales increased by 8.1%.

18 October 2004  Japan
Fujitsu Revises Forecast for First-Half FY 2004 Financial Results

Tokyo, October 18, 2004 – Fujitsu Limited today revised its forecast financial results for the first half of FY 2004 from previous projections issued at the time of its first-quarter results announcement on July 29, 2004.

6 October 2004  Germany
Fujitsu Siemens Computers Reports First Time Revenue Growth for First-Half Fiscal Year

Munich, October 6, 2004 – Fujitsu Siemens Computers, the leading European IT company, announced fiscal year 2004 half-year financial results today. President and CEO Bernd Bischoff announced at VISIT 2004 European IT Forum, that the company delivered revenue growth for the first time ever in the first-half of a fiscal year. The company, which is celebrating its fifth anniversary, announced a revenue of € 2,560* million based on preliminary estimates or a growth year-on-year of 15* percent. The company also announced a 60* percent year-on-year growth in profit before tax of €18* million for the first-half of the 2004/2005 fiscal year which runs from April 2004 through September 2004.

9 September 2004  Vietnam
Fujitsu Vietnam Limited (FVL) Granted Scholarship to Students

Hanoi, September 9, 2004 – At National Economic University (NEU) and Hanoi University of Technology (HUT) today, Sep 9, 2004, the scholarship granting ceremony was held with the attendance of Mr. Mitsuhiro Kotani - General Director of FVL, Prof .Han Viet Thuan - Dean of Economic Informatics Falculty of NEU, Prof. Dang Van Chuyet - Dean of IT Dept of HUT, Mr. Hoang Xuan Lan - Director of International Cooperation Dept. of HUT, lecturers and representative students.

5 August 2004  Singapore
Fujitsu Asia Outlines Plans for Singapore and Region

Singapore , August 5, 2004 – Fujitsu Asia today announced plans to become a key provider of information and communications technology (ICT) solutions for the local and regional markets as the company marks its 30th year of operations in Singapore.

29 July 2004  Japan
Fujitsu and TDK Plan Strategic Alliance in Hard Disk Drive Head Business

Tokyo, July 29, 2004 – Fujitsu Limited and TDK Corporation today announced that they have agreed in principle to form a strategic alliance in the magnetic hard disk drive head business.

29 July 2004  Japan
Fujitsu Reports FY 2004 First-Quarter Financial Results

Tokyo, July 29, 2004 – Fujitsu Limited, a leader in customer-focused IT and communications solutions for the global marketplace, today reported consolidated net sales of 1,008.1 billion yen (approximately US$9,249 million*) for the first quarter of fiscal 2004 (April 1, 2004 - June 30, 2004), an increase of 7.4% over the same period last year. Although first-quarter sales in the Software & Services segment rose only slightly year-on-year, sales of semiconductors, hard disk drives and plasma display panels increased significantly. Sales also rebounded sharply in servers, mobile and IP networks and other categories in Fujitsu's Platforms segment.

12 July 2004  USA
Fujitsu Supports Thomas J. Polis Memorial Scholarship Fund and Young Life with Donation of LifeBook® Computer

Richardson, TX, July 12, 2004 – Fujitsu Network Communications Inc., a leading supplier of IT and networking solutions, today announced their support of the Tom Polis Classic with the gift of a Fujitsu LifeBook® S2000 laptop computer. The laptop will be raffled off to raise money during the third annual Tom Polis golf tournament benefiting the SCTE scholarship fund and Young Life, a youth organization for high school students. The Society of Cable Telecommunications Engineers (SCTE) hosts the charity event in memory of cable pioneer Thomas J. Polis.

1 July 2004  Germany
Fujitsu Siemens Computers Appoints New Members to the Executive Council

Munich, July 1, 2004 – Fujitsu Siemens Computers, the leading European IT company announces new members to the Executive Council. Effective today, the former Sales, Marketing and Customer Services organization is now comprised of three functional units: Sales which will be jointly managed from two regions, Corporate Marketing and Customer Services, each reporting directly to Bernd Bischoff. The aim behind this decision is to maximize the focus on serving the customer.

23 June 2004  Japan
Fujitsu Announces Realignment of Its Solutions Business

Tokyo, June 23, 2004 – Fujitsu Limited today announced that it will realign its sales and software and services groups to develop closer relationships with its customers. The move will help Fujitsu keep on top of market shifts and changing customer needs and enhance Fujitsu's ability to provide group-wide integrated support over the entire lifecycle of customers' IT systems. With this realignment, Fujitsu plans to change its business structure to increase customer satisfaction and to generate solid profit from its solutions business.

16 June 2004  Germany
Bernd Bischoff New President & CEO of Fujitsu Siemens Computers

Munich, June 16, 2004 – Fujitsu Siemens Computers, the leading European IT provider today announced the appointment of Bernd Bischoff as new President & CEO of the company as of July 1, 2004. Bernd Bischoff is at present Executive Vice President (EVP) of Sales, Marketing & Customer Services at Fujitsu Siemens Computers. He replaces Adrian v. Hammerstein, who will take on a new challenge as head of Siemens Business Services also as of July 1, 2004.

7 June 2004  Japan
Fujitsu Announces Details of Stage Four of Its Environmental Protection Program

Tokyo, June 7, 2004 – Fujitsu Limited today announced the details for Stage Four of the Environmental Protection Program of its group companies. This program will span from fiscal years 2004 to 2006 and will promote from an environmental aspect the establishment of sustainable management and environmental group governance, and the offering of products and solutions that will contribute to customers' efforts to reduce their burden on the environment.

25 May 2004  Japan
Fujitsu Extends TRIOLE Strategy for IT Optimization to Global Market

Tokyo, May 25, 2004 – Fujitsu Limited today announced the global expansion of its TRIOLE™ strategy for the optimized design, development and deployment of highly reliable and adaptive business-critical IT infrastructure in heterogeneous environments. Fujitsu group companies and affiliates in EMEA, North America and Asia-Pacific will introduce innovative products, solutions and services based on the TRIOLE strategy to enterprise customers in those regions, enabling them to significantly increase business efficiency, agility and continuity.

24 May 2004  United Kingdom
Fujitsu Services' Success Continues with Increased Profits and Order Book of £5.5bn

London, May 24, 2004 – Fujitsu Services Holdings PLC, one of Europe's leading IT infrastructure management services companies, today announced its financial results for 2004, following its return to profitability in 2003. The company made an operating profit before exceptional items of £54.3 million and a profit before tax of £50.4 million in the year ending 31 March 2004. Operating profit including exceptional items was £36.6 million. Operating cash flow of £126.4 million was generated, together with an order book of £5.5 billion

17 May 2004  Japan
Fujitsu Announces Election of New Corporate Executive Officers

Tokyo, May 17, 2004 – Following an extraordinary meeting of its board of directors today, Fujitsu Limited announced Corporate Executive Officer appointments and resignations to become effective June 23, 2004.

17 May 2004  Japan
Fujitsu Limited Announces Executive Appointments

Tokyo, May 17, 2004 – Following an extraordinary meeting of its board of directors today, Fujitsu Limited announced the following executive appointments and changes. The appointments will take effect pending approval at the 104th General Shareholders' Meeting, scheduled for June 23, 2004.

17 May 2004  Japan
Notice Regarding Signing of Exchange Offer Agreement

Tokyo, May 17, 2004 – Fujitsu Limited ("Fujitsu") and Fujitsu Support and Service Inc. ("Fsas") today announced that, in accordance with decisions taken by their respective boards of directors, they have signed an agreement for an exchange of shares whereby Fsas will become a wholly owned subsidiary of Fujitsu. Pending ratification of the exchange offer agreement at Fsas' Annual Shareholders' Meeting, scheduled to be held June 29, 2004, the exchange of shares is expected to take place on October 1, 2004. In accordance with Section 358 (simple share exchange) of the Commercial Code of Japan, there are no plans to submit the agreement for approval at Fujitsu's Annual Shareholders' Meeting.

17 May 2004  Japan
Fujitsu Strengthens Systems Support and Operational Services

Tokyo , May 17, 2004 – Fujitsu Limited today announced that it is reorganizing and strengthening its systems support and operational services businesses in Japan. The move aims to provide enhanced levels of support to meet the increasingly sophisticated IT needs of its customers and to further leverage operational services - an area in which high growth is expected - to expand Fujitsu's business. As part of this initiative, the boards of directors of Fujitsu Limited and Fujitsu Support and Service Inc. (Fsas) - currently a majority-owned publicly listed company - have signed an agreement for an exchange of shares whereby Fsas will become a wholly owned Fujitsu subsidiary. The realignment will enable the Fujitsu group to provide customers in Japan with seamless, one-stop delivery of services covering the full spectrum of the IT system lifecycle. It will also enhance Fujitsu's ability to proactively anticipate and continuously propose appropriate solutions to meet customer needs, further strengthening its commitment to providing IT solutions from a customer-centric perspective.

12 May 2004  Australia
Coles Myer and Fujitsu Join Forces In Software Development Alliance

Sydney, May 12, 2004 – Coles Myer and Fujitsu Australia will join forces under a new joint alliance to manage, consolidate and develop the software platform which runs the point-of-sale systems across all Coles and BiLo supermarkets in Australia.

12 May 2004  Hong Kong
Fujitsu Appoints Ringo Cheung to Head the Services Organization in Hong Kong

Hong Kong, May 12, 2004 – Fujitsu Hong Kong Limited, a leading provider of customer-focused information technology and telecommunications (IT & T)solutions and services, today announced the appointment of Ringo Cheung as General Manager, Services, Information Systems & Services Division (ISSD). Cheung will be responsible for developing and managing the growth of the company's IT services business in Hong Kong.

12 May 2004  Germany
Fujitsu Siemens Computers Profit Before Tax Is Higher Than Forecasted

Munich, May 12, 2004 – Fujitsu Siemens Computers, the leading European IT company, announced its financial results* today. President and CEO Adrian v. Hammerstein announced that the company delivered a profit before tax of €62* million for the 2003/2004 fiscal year running from April 2003 to March 2004. This represents an increase by nearly a factor of eight over the previous fiscal year, and is €5 million higher than the last forecast given in March 2004. Revenue is nearly flat at €5,288* million compared to €5,337 million in the previous year.

5 May 2004  Germany
Fujitsu Siemens Computers to Announce Final Financial Results for Fiscal Year 2003

Munich , May 5, 2004 – Fujitsu Siemens Computers, the leading European IT company, invites you to participate in a virtual press conference on Wednesday 12 May for the announcement of the final financial results for Fiscal Year ending March 31, 2004. DATE: Wednesday May 12, 2004 TIME: 10:30-11:30 CET/09:30-10:30 GMT WHAT: Final financial numbers for Fiscal Year 2003 WHO: Adrian v. Hammerstein, President and CEO, Fujitsu Siemens Computers WHERE: Via phone. Please RSVP to register and for dial- in details

28 April 2004  USA
Fujitsu's Don McMahan Named Treasurer of AIIM for 2004-2005

San Jose, CA, April 28, 2004 – Fujitsu Computer Products of America, Inc. (FCPA), a market leader in document imaging scanners and services, today announced that Don McMahan, vice president of sales, Imaging Products Group, has been elected Treasurer of the Association for Information and Image Management (AIIM), the international authority on Enterprise Content Management (ECM).

27 April 2004  Japan
Fujitsu Reports FY 2003 Financial Results

Tokyo, April 27, 2004 – Fujitsu Limited, a leader in customer-focused IT and communications solutions for the global marketplace, today reported consolidated net sales of 4.77 trillion yen (approximately US$45.0 billion*) for fiscal year 2003 (April 1, 2003 - March 31, 2004), an increase of 3.2% over the previous fiscal year. The higher sales, together with company-wide cost-cutting efforts, efficiency gains and significantly improved profitability in its Electronic Devices and Platforms business segments, contributed to a jump in consolidated operating income to 150.3 billion yen (US$1.4 billion), up 49.7% over the previous year.

22 April 2004  Japan
Fujitsu Announces Revised Financial Results Forecast for Fiscal 2003 and Resumes Dividend

Tokyo, April 22, 2004 – Following a meeting of its Board of Directors today, Fujitsu Limited issued the following revised projections and guidance regarding its financial results for the fiscal year ended March 31, 2004 (FY 2003). The company now forecasts FY 2003 consolidated net income of 50 billion yen, an increase over previous projections. Unconsolidated net income is now forecast at 17 billion yen, a decrease over previous estimates. Fujitsu also announced that a fiscal year-end dividend of 3 yen per share would be paid.

22 April 2004  Germany
Fujitsu Siemens Computers Presents Its Environmental Approach In Recognition of Earth Day 2004

Munich, April 22, 2004 – To coincide with the Earth Day celebrations across Europe, Middle East and Africa and in 150 countries around the world, Fujitsu Siemens Computers, the leading European IT provider, announced plans to extend its existing product line of environmentally sustainable PCs and workstations. These new products, consisting of new environmentally sustainable models, or so called Green PCs® from the company's SCENIC Professional PC as well as the CELSIUS workstations, will be available in the summer time frame.

12 April 2004  USA
Fujitsu Appoints Yoshihiko Masuda New President and CEO of Fujitsu Computer Products of America

San Jose, CA , April 12, 2004 – Fujitsu Computer Products of America, Inc. (FCPA), one of the world's leading suppliers of hard disk drives, computer peripherals, and document imaging scanners, today announced the appointment of Mr. Yoshihiko Masuda to the position of President and CEO of FCPA.

12 April 2004  USA
Fujitsu Completes Acquisition of Optimal Robotics' Self-Checkout Business

Frisco, TX, April 12, 2004 – Fujitsu Transaction Solutions Inc. has completed its acquisition of the Optimal Robotics self-checkout business for $35 million in cash and an assumption of liabilities.

7 April 2004  Japan
Fujitsu Initiates Legal Action Against Samsung SDI

Tokyo, April 7, 2004 – Fujitsu Limited today announced that it has asserted patent infringement claims against Samsung Japan Corporation in Tokyo District Court and Samsung SDI Co., Ltd. in U.S. Federal District Court in Los Angeles, California. Fujitsu seeks a court order against future importation and sales of infringing PDP products, and compensation for past infringement. In addition, the company is seeking administrative injunctive relief under a Japanese customs and tariffs law, which prohibits importation of products that infringe Japanese patents.

6 April 2004  USA
Softek Now Fully-Independent Storage Management Company Through Management-Led Buyout From Fujitsu

Sunnyvale, CA, April 6, 2004 – Softek™, a leading provider of storage management software, today announced a management-led buyout of Softke from Fujitsu, making Softek one of the largest independent storage management software companies. Fujitsu continues to be a strategic partner to Softtek through multi-year OEM agreements for distribution of award-winning Softek data availability and enterprise storage resource management (ESRM) solutions throughout countries in Asia Pacific and Central Europe.

5 April 2004  USA
Fujitsu to Acquire Optimal Robotics' Self-Checkout Business

Frisco, TX, April 5, 2004 – Fujitsu Transaction Solutions Inc. has signed a definitive agreement with Optimal Robotics Corp. (NASDAQ: OPMR) to acquire Optimal's self-checkout business for $35 million in cash and an assumption of liabilities. The agreement is subject to approval by Optimal's shareholders. The agreement covers self-checkout systems and related services marketed by Montreal-based Optimal under the U-Scan® brand. U-Scan is a leading self-checkout system in North America.

1 April 2004  Japan
Fujitsu and Sumitomo Electric Launch Compound Semiconductor Joint Venture Company - Eudyna Devices Inc.

Tokyo, April 1, 2004 – The operations of Fujitsu Quantum Devices Limited and the electronic devices division of Sumitomo Electric Industries, Ltd. were today consolidated into a new joint venture company, Eudyna Devices, Inc. The new company, which will engage in everything from development to manufacturing and sales of a wide variety of compound semiconductor devices, aims to win the trust of customers worldwide and quickly establish itself as the world's top compound semiconductor maker.

30 March 2004  United Kingdom
Fujitsu Services Appoints New Executive Chairman and Chief Executive Officer

London, March 30, 2004 – Fujitsu Services, one of Europe's leading IT infrastructure management services companies, can today announce that on 1 April 2004 its current chief executive Richard Christou will become its executive chairman and current chief operating officer, David Courtley, will be appointed as chief executive officer.

18 March 2004  Germany
Fujitsu Siemens Computers Outperforms the European IT Market

Munich, March 18, 2004 – At CeBIT 2004 in Hanover, Fujitsu Siemens Computers, the leading European IT company, announced a preview of its financial results. CEO Adrian v. Hammerstein announced that the company expects to deliver a profit before tax of €57 million (forecast) for the 2003/2004 fiscal year running from April 2003 to March 2004, a 600-plus percent increase over the previous fiscal year. Revenue is forecasted to be nearly flat at €5,320 million (forecast), compared to €5,337 million in the previous year.

16 February 2004  UK
Exel and Fujitsu Announce Agreement in Principle for Exel to Acquire Fujitsu Logistics Ltd

London, February 16, 2004 – Exel, the UK-based, world leader in supply chain management and Fujitsu Limited, a leading provider of customer-focused IT and communications solutions for the global marketplace, have today announced that they have agreed in principle for Exel to acquire Fujitsu's wholly owned subsidiary company, Fujitsu Logistics Ltd (FJL).

10 February 2004  Singapore
Fujitsu Asia to Promote Green Procurement

Singapore, February 10, 2004 – Fujitsu Asia's procurement office announced today to have all newly developed products to be green by March 2004. This achievement has already been met by its parent company, Fujitsu Japan, in March 2003. It underscores the importance Fujitsu placed in environmental protection as a key management priority. A leader in the IT industry, Fujitsu is harnessing its technologies and creativity to contribute to sustainable development.

29 January 2004  Japan
Fujitsu Reports FY 2003 Third-Quarter Financial Results

Tokyo, January 29, 2004 – Fujitsu Limited, a leader in customer-focused IT and communications solutions for the global marketplace, today reported consolidated net sales of 1,068.2 billion yen (approximately US$9.9 billion*) for the third quarter of fiscal year 2003 (October 1 - December 31, 2003), a 5.0% increase over the third quarter of fiscal 2002. The company posted higher year-over-year third-quarter sales in each of its main business segments - Software & Services, Platforms, and Electronic Devices. In addition to strong sales of semiconductors and other electronic devices, sales of new server and storage system models contributed to the positive results. Higher sales and the effects of cost cutting initiatives combined to produce an operating profit of 10.1 billion yen (US$94.4 million) for the third quarter, with all three business segments posting an operating profit for the quarter.

29 January 2004  Japan
FDK Announcement of FY2003 3rd Quarter Net Sales

Tokyo, January 29, 2004 – Announcement of FY2003 3rd Quarter Net Sales

23 January 2004  USA
Fujitsu Consulting Announces Sale of Spain Subsidiary to Management-led Group

Edison, NJ, January 23, 2004 – Fujitsu Consulting, the global consulting and services arm of the $38 billion Fujitsu Limited, has entered into a definitive agreement to sell its ownership interest in the companies comprising DMR Consulting Spain to a group that includes the DMR Consulting Spain management team backed by private investment firms. Both sides anticipate that the transaction will be completed within the next few months. DMR Consulting Spain currently provides consulting and services in nine countries, including Argentina, Austria, Brazil, Chile, Italy, Germany, Mexico, Portugal, and Spain. Financial terms of the transaction were not disclosed.

12 January 2004  Malaysia
Fujitsu Group Malaysia Eco-Forest Park

Kuala Lumpur, January 12, 2004 – Fujitsu Malaysia Sdn Bhd today announced that it has established the "Fujitsu Group Malaysia Eco-Forest Park" in Sabah State, Malaysia. This activity is one of overseas forestation activities as Fujitsu Group's international environmental contribution activities. More than 10,000 Fujitsu Group employees contributed to the operating fund of this activity, and forestation activity is carried out by an umbrella organization that includes Fujitsu Limited and its group companies and the Fujitsu Labor Union, with support from the Malaysian government, and the Japan International Forestry Promotion & Cooperation Center (JIFPRO).