Tokyo, April 21, 2000 -- Fujitsu Limited today announced that its
joint venture company with Nikko Securities, Internet Trading
Securities Inc. (IT Securities), will start operations on April
24th. Initially, customers will be able to open accounts and obtain
information. From May 25th, transaction services - including for
47 specially selected investment trusts - will be available.
Jointly established by Fujitsu and Nikko Securities in January, 2000,
IT Securities is a Japanese-language service targeted primarily at the
3.7 million subscribers of @nifty, Japan's largest Internet service
provider. As an "introducing broker," the company will assist
customers with asset formation by offering them reliable investment
options, easy-to-use technology and value-added financial information
-- all over the network for greater convenience.
IT Securities offers convenient, comprehensive financial services
with the aim of making transactions secure, simple and easy to
understand, even for customers who are new to the online investing.
A leader in advanced Internet technology, Fujitsu has been helping
to foster Japan's networked society from its very beginnings. Boasting
a long history of reliable service, Nikko Securities is one of Japan's
big-three securities firms, and it has made its Internet strategy an
important aspect of its on-going management reform. Capitalizing on
the formidable strengths of its two sponsors, IT Securities aims to
further improve on the reliability and security standards for Internet
transactions and to offer @nifty subscribers and other customers high-
quality, economical financial products that are well matched to their
needs.
Internet Trading Securities Inc.
| Established : | January 13, 2000 |
| Employees : | 20 |
| Head Office : | 6-22-7 Omori BelPort E-Building,
Minami-Ooi, Shinagawa-ku, Tokyo |
| Capital : | 1 billion yen |
| Shareholders: | Fujitsu (65%), Nikko Securities (35%) |
| President : | Kunihiko Mizoguchi
(formerly General Manager in Fujitsu's Systems Division) |
* All company/product names mentioned may be trademarks or registered
trademarks of their respective holders and are used for identification
purpose only.
About Fujitsu Limited
Fujitsu Limited (TSE: 6702) is a leading provider of comprehensive
information technology and network solutions for the global
marketplace. Comprising over 500 group companies and affiliates
worldwide -- including ICL, Amdahl and DMR Consulting Group -- the
Fujitsu Group had consolidated revenues of 5.24 trillion yen
($43.3 billion) in the fiscal year ended March 31, 1999. With world-
class hardware and software technology in computers,
telecommunications and microelectronics, and a corps of 55,000
systems and services experts around the world, Fujitsu is uniquely
positioned to harness the power of the network to help its customers
succeed. Altogether, the Fujitsu Group has 188,000 employees and
operations in over 100 countries.
Homepage: http://www.fujitsu.com/
| Press Contacts: |
Customer Contact: |
|---|
Tsutomu Kishida
Internet Trading Securities Inc., Planning Dept.
Tel: +81-3-5753-8854
Fax: +81-3-5753-8852
Email: press@itshoken.com
Isao Hirano, Bob Pomeroy, Scott Ikeda
Fujitsu Limited, Public Relations
Tel: +81-3-3215-5236 (Tokyo)
Fax: +81-3-3216-9365
E-mail: pr_mailbox@hq.fujitsu.co.jp
Shinji Nishihiro
The Nikko Securities Co., Ltd, PR and IR Division
Tel: +81-3-5644-4544
Fax: +81-3-5644-4555
E-mail: fag@pr.sec.nikko.co.jp
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URL: http://www.itshoken.com
(from 09:00 April 24, 2000)
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