RNS Number:6298K
Takefuji Corporation
01 May 2003


                                 (Translation)


Brief Statement of Financial Results
for the Fiscal Year Ended March 31, 2003 (Consolidated)April 30, 2003
Company Name: TAKEFUJI CORPORATION
Stock Listings: Tokyo Stock Exchange, First Section / London Stock Exchange
Code Number: 8564
URL: http://www.takefuji.co.jp
Head Office: 15-1 Nishi-Shinjuku 8-chome, Shinjuku-ku, Tokyo 163-8654, Japan
Representative Personnel: Akira Kiyokawa, President
Administrative personnel to contact: Osamu Sasaki, Managing Director of
PublicRelation Department
Tel: +81-3-3365-8030
Meeting of Board of Directors for Approval of the Fiscal Year Results: April 30
2003
Application of the U.S.A. GAAP: No.


Business Results for the Fiscal Year Ended March 31, 2003 (From April 1, 2002
toMarch 31, 2003)

(1) Consolidated Operating Results Notes: Figures are rounded (as to
"statistics per share" at three places of decimal) to the nearest appropriate
unit.

                     Operating Revenue       Operating Income      Ordinary Income
                      millions of yen %      millions of yen %   millions of yen %

Fiscal Year ended
March 2003               421,974 (-0.8)         161,074 (-24.5)   183,255 (-20.9)
Fiscal Year ended
March 2002               425,418 ( 5. 8 )       213,212 ( -3.2)   231,602 ( -4.1)


Fiscal Year Ended March 2003         million of yen
NetIncome 95,146 Net Income per share 650.93 Net Income per share-diluted-
ROE 11.8% Ratio of ordinary income to total assets 9.3%
Ratio of ordinary income to operating revenue 43.4%

Fiscal Year ended March 2002         million of yen
NetIncome 64,486 Net Income per share 437.80 Net Income per share-diluted-
ROE 8.5% Ratio of ordinary income to total assets 11.5%
Ratio of ordinary income to operating revenue 54.4%
Notes:
a. Equity in net income or loss of the companies under equity method
Fiscal Year ended March 2003 -       millions of yen
Fiscal Year ended March 2002 -       millions of yen
b. Average number of shares outstanding during the fiscal year
Fiscal Year ended March 2003       146,069,919 shares
Fiscal Year ended March 2002       147,295,175 shares
c. Accounting change during the current fiscal year: Yes
d.The percentage figures for operating revenue, operating income, ordinary
income and net income represent year-on-year changes.


(2) Consolidated Financial Position
Fiscal Year Ended March 2003         million of yen
Total assets 1,939,530 Shareholders' Equity 831,616
Shareholders' Equity Ratio 42.9%
Shareholders' Equity ratio per share Yen 5,795.54


Fiscal Year Ended March 2002 million of yen
Total assets 2,017,067 Shareholders' Equity 779,919
Shareholders' Equity Ratio 38.7%
Shareholders' Equity ratio per share Yen 5,294.94


Note: Number of shares outstanding as of the end of the fiscal year:
Fiscal Year ended March 2003 143,481,133 shares
Fiscal Year ended March 2002 147,295,159 shares


(3) Consolidated Cash Flows

Fiscal Year Ended March 2003           million of yen
Operating cash flow       261,732
Investing cash flow         8,534
Financing cash flow      -224,959
Cash & Cash equivalent    121,586


Fiscal Year Ended March 2002 million of yen
Operating cash flow         5,895
Investing cash flow        20,224
Financing cash flow        -4,529
Cash & Cash equivalent     76,637


(4) Scope of Consolidation and Application of Equity Method
Consolidated subsidiaries:                10 companies
Non-Consolidated subsidiaries accounted for by the equity method: 0
Affiliates accounted for by the equity method: 0
(5) Changes in Scope of Consolidation and Application of Equity Method
Consolidated Subsidiaries New: 0,           Affiliates New: 0
Consolidated Subsidiaries Excluded: 4,      Affiliates Excluded: 0
1. Forecasts of Consolidated Operating Results for the Fiscal Year ending March
2004 (From April 1, 2003 to March 31, 2004)
Fiscal Year Endiing March 2004                million of yen
Operating Revenue      Interim      199,800      Full year 400,900
Operating Income       Interim       90,400      Full year 183,200
Net Income             Interim       47,100      Full year 95,400
Reference data: Forecast net income per share (full year) :Yen 664.90

Brief Statement of Financial Results for the Fiscal Year Ended March 31, 2003
(Non-consolidated) April 30, 2003
Company Name: TAKEFUJI CORPORATION (the "Company")
Stock Listings: Tokyo Stock Exchange, First Section / London Stock Exchange
Code Number: 8564
URL: http://www.takefuji.co.jp
Head Office: 15-1 Nishi-Shinjuku 8-chome, Shinjuku-ku, Tokyo 163-8654, Japan
Representative Personnel: Akira Kiyokawa, President
Administrative Personnel to contact: Osamu Sasaki, Managing Director of
PublicRelation Department,
Tel: +81-3-3365-8030


Meeting of Board of Directors for Approval of the Fiscal Year Results: April 30
2003
Date of the Ordinary General Meeting of the Shareholders: June 27, 2003
Interim-dividend System: Adopted
Unit of Trade for Stocks: One block of 10


Non-Consolidated Business Results for the Fiscal Year ended March 31, 2003 (From
April 1,2002 to March 31,2003)


(1) Non-consolidated Operating Results Note: Figures are rounded (as to
"statistics per share" at three places of decimal) to the nearest appropriate
unit.

                         Operating Revenue      Operating Income      Ordinary Income
                         millions of yen %     millions of yen %     millions of yen %

Fiscal Year ended

March 2003                419,086 (-1.0)         160,004 (-24.6)      182,821  (-20.6)
Fiscal Year ended
March 2002                423,247 ( 5.7 )        212,161 ( -33)        230,271 ( -4.5)


Fiscal Year Ended March 2003           million of yen
NetIncome 94,552 Net Income per share 646.86 Net Income per share-diluted-
ROE 11.7% Ratio of ordinary income to total assets 9.1%
Ratio of ordinary income to operating revenue 43.6%


Fiscal Year ended March 2002           million of yen
NetIncome 65,088 Net Income per share 441.89 Net Income per share-diluted-
ROE 8.5% Ratio of ordinary income to total assets 11.2%
Ratio of ordinary income to operating revenue 54.4%

Notes:

a.       Average number of shares outstanding during the period
b.       March 31, 2003 146,069,919 shares
c.       March 31, 2002 147,295,175 shares


b. Change in accounting policies during the current fiscal year: Yes
c. The percentages for operating revenue, operating income, ordinary income and
net income represent year-on-year changes.


(2) Dividends
Fiscal Year ended March 2003
Annual cash dividends per share yen 100
Interim yen 50 Year-end yen 50
Total amount of annual cash dividends 14,534 million yen
Dividends payout ratio 15.4%
Ratio of total amount of dividends to shareholders' 1.7%


Fiscal Year ended March 2002
Annual cash dividends per share yen 100
Interim yen 50 Year-end yen 50
Total amount of annual cash dividends 14,729 million yen
Dividends payout ratio 22.6%
Ratio of total amount of dividends to shareholders' 1.9%



(3) Non-Consolidated Financial Position

Fiscal Year Ended March 2003          million of yen
Total assets 1,975,741 Shareholders' Equity 837,480
Shareholders' Equity Ratio 42.4%
Shareholders' Equity ratio per share Yen 5,836.42


Fiscal Year Ended March 2002           million of yen
Total assets 2,059,903 Shareholders' Equity 784,438
Shareholders' Equity Ratio 38.1%
Shareholders' Equity ratio per share Yen 5,325.62

Notes:

a. Number of shares outstanding as of the end of fiscal year
March 31, 2003 143,481,133 shares
March 31, 2002 147,295,159 shares
b. Number of shares held by the Company at the end of fiscal year
March 31, 2003 3,814,067 shares
March 31, 2002 41 shares
2. Non-Consolidated Forecast for the fiscal year ending March 2004 (from April
1, 2003 to March 31, 2004)
Fiscal Year ending March 31, 2004
Interim
Operating revenues 198,000 Ordinary income 89,600 Net Income 46,600
Full year
Operating revenues 397,400 Ordinary income 181,600 Net income 94,400
Reference Data: Forecast net income per share (full year) : Yen 657.93


(Note)Interim and Year-end dividends will be decided based on the operational
results and other factors.


               Forecasts of Takefuji Corporation (the "Company")


The forecasts or figures in forward-looking statements contained in this Brief
Statement of Financial Results for the fiscal year ended March 31, 2003 in
regard to the Company's plans and strategies are based on management's
assumptions and beliefs in light of information currently available and involve
risks and uncertainties. Actual results may differ from those in the
forward-looking statements as a result of various factors.






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