In response, the company submitted evidence explaining the facts behind Mr. Nozoe's resignation and stated that his resignation did not involve any legal issues.
The court held two hearings to gather evidence and hear allegations from both sides and concluded the hearings on April 6 with expectations of announcing a decision shortly thereafter.
However, on April 8, the company was served by the court a notification of withdrawal of the pending petition, which indicated that Mr. Nozoe had withdrawn his request on April 6, the final day of the hearings.
The company has chosen to refrain from disclosing the petition in order to preserve the fairness of the court proceedings and prevent any further damage to the reputation of third parties.
The company plans to hold a press conference in Tokyo during the week of April 12 in order to explain the background of Mr. Nozoe's resignation, including the matter described above.
Fujitsu is a leading provider of IT-based business solutions for the global marketplace. With approximately 175,000 employees supporting customers in 70 countries, Fujitsu combines a worldwide corps of systems and services experts with highly reliable computing and communications products and advanced microelectronics to deliver added value to customers. Headquartered in Tokyo, Fujitsu Limited (TSE:6702) reported consolidated revenues of 4.6 trillion yen (US$47 billion) for the fiscal year ended March 31, 2009. For more information, please see: www.fujitsu.com.
All other company or product names mentioned herein are trademarks or registered trademarks of their respective owners. Information provided in this press release is accurate at time of publication and is subject to change without advance notice.
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