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  7. Notice Regarding the Sale of Shares in FANUC and Advantest (via the Tokyo Stock Exchange's ToSTNet-2)

Notice Regarding the Sale of Shares in FANUC and Advantest

(via the Tokyo Stock Exchange's ToSTNet-2)

Fujitsu Limited

Tokyo, February 22, 2005

Fujitsu Limited ("Fujitsu") today announced that, as part of its effort to further enhance its financial stability, it has sold a portion of its shareholdings in FANUC Ltd. ("FANUC") and Advantest Corporation ("Advantest") via the Tokyo Stock Exchange's ToSTNet-2. Details are as follows.

I. Description of the Sale

1. FANUC Ltd.

Number of shares sold: 9,850,000
Value of sale: approximately 69.9 billion yen
Remaining shares of FANUC
held by Fujitsu after the sale:

31,623,963 (including 8,000,000 shares held under the name of Fujitsu's retirement benefit trust) [14.87% of FANUC's voting rights]
Method of sale: via Tokyo Stock Exchange's ToSTNeT-2
Date of sale: February 22, 2005

2. Advantest Corporation

Number of shares sold: 6,000,000 (including 4,047,700 shares held under Fujitsu, and 1,952,300 shares under the name of Fujitsu's retirement benefit trust)
Value of sale: approximately 54.5 billion yen
Remaining shares of Advantest
held by Fujitsu after the sale:

14,071,396 (including 14,071,300 shares held under the name of Fujitsu's retirement benefit trust) [15.27% of Advantest's voting rights]
Method of sale: via Tokyo Stock Exchange's ToSTNeT-2
Date of sale: February 22, 2005
Exclusion from equity method: As a result of the reduction in Fujitsu's holdings of Advantest's voting rights to 15.27% following the sale, Advantest, which had been an equity method affiliate of Fujitsu's, will no longer be accounted for under that method.

II. Impact on FY 2004 Financial Results

The above-mentioned sale of shares is expected to result in an extraordinary profit of approximately 104.8 billion yen on an unconsolidated basis and 95.8 billion yen on a consolidated basis. The impact on net income is projected to be an increase of about 62.3 billion yen on an unconsolidated basis and 53.3 billion yen on a consolidated basis.

With respect to Fujitsu's FY 2004 earnings projections announced on January 28, 2005, the company is planning to review the balance of deferred income tax assets and other factors towards the end of the fiscal year and therefore maintains its projections unchanged at the current time.

III. Relationships with Fujitsu

Fujitsu will maintain and enhance good cooperative relationships with FANUC and Advantest as friendly and equal partners following the above-mentioned sale of shares.

This material is not an offer for sale of the securities in the United States. The securities have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be sold in the United States absent registration or an exemption from registration under the Securities Act.

About Fujitsu

Fujitsu is a leading provider of customer-focused IT and communications solutions for the global marketplace. Pace-setting technologies, highly reliable computing and communications platforms, and a worldwide corps of systems and services experts uniquely position Fujitsu to deliver comprehensive solutions that open up infinite possibilities for its customers' success. Headquartered in Tokyo, Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.7 trillion yen (US$45 billion) for the fiscal year ended March 31, 2004.
For more information, please see: http://www.fujitsu.com/

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Company:Fujitsu Limited

Date: 22 February, 2005
City: Tokyo
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