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Regarding the Court's Dismissal of the Immediate Appeal by Mr. Nozoe, Former President
The Tokyo High Court concurred with the district court by rejecting Mr. Nozoe's argument that his resignation was invalid because it was made in error or that it should be nullified for reasons of fraud, and fully validated the company's assertions in this case.The Japanese courts have now twice rejected Mr. Nozoe's allegations, and in doing so have proved that the company's actions concerning Mr. Nozoe's resignation were appropriate. The company considers these court decisions to be a successful result for the company.
About Fujitsu
Fujitsu is a leading provider of ICT-based business solutions for the global marketplace. With approximately 170,000 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$50 billion) for the fiscal year ended March 31, 2010. For more information, please see: www.fujitsu.com.
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