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Business and Other Risks

13. Human Resources

The growth and profitability of the Fujitsu Group depends heavily on human resources. As such, a major issue for the Group is the ability to recruit, foster, and prevent the attrition of talented managers, technical experts and other key personnel. The inability to do so could negatively impact the Group’s growth and profitability.

Implementation of personnel rationalization following the structural reforms currently in progress may accelerate the above trends. Also the labor issues, such as the case we do not reach agreement with employees regarding termination of the labor contract, or when severe industrial accidents are caused due to lack of appropriate labor management based on laws, might affect Fujitsu's reputation or expose Fujitsu to labor dispute.