Statement of Management Direction

Our Basic Business Stance

Today, as the Internet permeates every area of society - including government, corporate activities, and daily life - we at the Fujitsu Group remain committed to our business strategy of "Everything on the Internet" focusing on our customers' needs and offering solutions based on leading-edge technologies and products. In order to spread the growth of ultra high-speed, high-capacity networks to all corners of society and promote diverse services using this new infrastructure, platforms with superior performance and reliability as well as solutions capable of handling increasingly complex and sophisticated tasks will be needed. Capitalizing on the Fujitsu Group's advanced technology, world-class platforms and rich store of solutions, we are aiming to be a global leader of this network-sparked societal revolution. We are also actively developing new frontiers of information technology, including electronic government and bio-informatics.

Challenges

Although the business climate in which the Fujitsu Group operates is expected to become even more severe, we are determined to increase growth and profitability by focusing on the following objectives:

• Offering competitive products and services
  We will strengthen our competitiveness by selecting and concentrating on development of platforms driven by the advanced technologies that lie at the core of the Internet (e.g., high-capacity optical communications systems, next-generation mobile communications systems, super servers, etc.) and on solutions that take advantage of these technologies and the synergies among them. In addition, we intend to reorganize and enhance our sales organization to make it more responsive to these new markets.

• Improving business efficiency
  By improving our worldwide manufacturing organization and promoting strategic alliances, we will strive to optimize resource allocation and achieve greater efficiency.

• Strengthening our global business structure
  We will promote the global development of our open server strategy in concert with Amdahl in the US and Fujitsu Siemens Computers in Europe. In addition, together with DMR in the US and ICL in the UK, we will offer solutions to customers worldwide.

• Revitalizing our human resources
  We intend to foster a more challenging corporate culture through strategic development of human resources and by taking the results-oriented approach we pioneered in our industry in Japan to a new level.

• Promoting our corporate brand
  Through our global corporate branding initiative, which we launched last June under the rubric "The Possibilities are Infinite," we are working to enhance the image of the Fujitsu Group worldwide as a leading IT company that customers can rely on, while also using "Fujitsu" as a common brand across the Group.

• Addressing global environmental problems
  We adopted our Third Environmental Action Plan in April of this year, and we will continue to strive to ensure that our business activities impose the smallest possible burden on the natural environment.

We are committed to continuing these efforts so that we can play a central role in the network society of the future. Moreover, we aim to become a global company trusted by both our customers and society at large, as well as a company that continually reinvents itself.