Fujitsu Ld Regarding Valuation Loss on Shares in Subsidiaries (5611D)

TIDMFUJ

RNS Number : 5611D

Fujitsu Ld

30 April 2013

Fujitsu Limited

April 30, 2013

Fujitsu Records Valuation Loss on Shares in Subsidiaries on Non-consolidated Basis

Tokyo, April 30, 2013 - Fujitsu has recorded a valuation loss on shares in subsidiaries in its financial results for fiscal 2012, announced today. It became necessary for Fujitsu to post the valuation loss, because among the shares in subsidiaries it holds as part of its investment securities, the actual value of certain shares declined significantly, and there is little prospect that their value will recover.

1. Valuation Loss on Shares in Subsidiaries Recorded in the Fourth Quarter of Fiscal 2012

Unit: Billion Yen

 
                       Description                          Amount 
---------------------------------------------------------  ------- 
 Valuation loss on shares in subsidiaries recorded 
  in the fourth quarter of fiscal 2012 (January 1, 2013 
  to March 31, 2013) (= a - b)                               135.6 
                                                           ------- 
  (a) Valuation loss on shares in subsidiaries recorded 
   in fiscal 2012 (April 1, 2012 to March 31, 2013)          383.9 
 --------------------------------------------------------  ------- 
  (b) Valuation loss on shares in subsidiaries recorded 
   in the first nine months of fiscal 2012 (April 1, 
   2012 to December 31, 2012)                                248.2 
 --------------------------------------------------------  -------

2. Outlook

The valuation loss on shares in subsidiaries described above has been recorded as an extraordinary loss in the Company's non-consolidated financial results for fiscal 2012. There is no impact on consolidated financial results.

Press Contacts

Fujitsu Limited

Public and Investor Relations Division

Inquiries: https://www-s.fujitsu.com/global/news/contacts/inquiries/index.html

About Fujitsu

Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 170,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 4.4 trillion yen (US$47 billion) for the fiscal year ended March 31, 2013. For more information, please see http://www.fujitsu.com.

All 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.

This information is provided by RNS

The company news service from the London Stock Exchange

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