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Fujitsu Revises Fiscal 2005 Full-Year Financial Results Forecast

Fujitsu Limited

Tokyo, April 18, 2006

Fujitsu Limited today revised its consolidated earnings forecast for the fiscal 2005 full-year period, ending March 2006, which was previously issued on January 31, 2006 at the time of its third-quarter financial results announcement. Details are as follows.

1. Revised FY 2005 Consolidated Financial Results Forecast

(April 1, 2005 - March 31, 2006)

*Previous forecast as of January 31, 2006

(Billion Yen)
Net Sales
Operating Income
Net Income
Previous Forecast* (A) 4,800.0 175.0 50.0
Revised Forecast (B) 4,790.0 181.0 68.0
Increase or Decrease (B-A) - 10.0 +6.0 +18.0
Percentage of Increase or Decrease - 0.2% +3.4% +36.0%
FY 2004 Results
(For full year ended March 2005)
4,762.7 160.1 31.9

2. Explanation of Revision

Fujitsu's financial results in the Ubiquitous Product Solutions and Device Solutions business segments improved in fiscal 2005. Results were impacted by intensified domestic and international competition and forward-looking investment in the System Platforms sub-segment, as well as by newly recorded provision for product warranties primarily in Ubiquitous Product Solutions. Nevertheless, consolidated operating income for the period exceeded the previous forecast. Net income likewise increased further than previously forecast due to such factors as favorable trends in other income (expenses) including earnings from affiliates.

The impact on operating income attributable to change in accounting policies was 4.8 billion yen.

[For Reference]

Revised FY 2005 Unconsolidated Financial Results Forecast

(April 1, 2005 - March 31, 2006)

(Billion Yen)
Net Sales
Operating Income Net Income
(Loss)
Previous Forecast* (A) 2,830.0 30.0 15.0
Revised Forecast (B) 2,850.0 19.0 17.0
Increase or Decrease (B-A) +20.0 - 11.0 +2.0
Percentage of Increase or Decrease +0.7% - 36.7% +13.3%
FY 2004 Results
(For full year ended March 2005)
2, 846.2 30.6 (39.8)

*Previous forecast as of January 31, 2006

As previously forecast, Fujitsu plans to issue a fiscal year-end dividend of 3 yen per share.

About Fujitsu

Fujitsu is a leading provider of customer-focused IT and communications solutions for the global marketplace. Pace-setting device technologies, highly reliable computing and communications products, 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$44.5 billion) for the fiscal year ended March 31, 2005. For more information, please see www.fujitsu.com

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Company:Fujitsu Limited

Date: 18 April, 2006
City: Tokyo
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