FOR IMMEDIATE RELEASE
Contact: Yuri Momomoto (03)3215-5236 or 3213-4160

Fujitsu's Half-Year Earnings Post Strong Gains


-- Consolidated Net Income Up 441 Percent --

Tokyo, October 25, 1995 -- With strong domestic and overseas
demand for semiconductors and other electronic devices as well as 
rapid growth in multimedia-related business areas bolstering
results, Fujitsu Limited today reported consolidated net sales of 
1,644.0 billion yen ($16,606 million) for the six-month period
ending September 30, 1995.  This represents an 11 percent increase
over the 1,484.1 billion yen ($14,991 million) reported during the
same six-month period in 1994.

         Increased sales combined with more effective use of management 
resources and carefully targeted investment led to major gains in profit- 
ability.  The Company's consolidated net income for the half-year period  
soared by 441 percent to 30.6 billion yen ($309 million) from the   
5.7 billion yen ($57 million) posted for the 1994 half-year period. 
Similarly, there was a half-year profit per share of 16.8 yen ($0.17),
up 442 percent compared with the 3.1 yen ($0.03) per share profit   
reported in the comparable period in 1994.

         Strong sales increases over the comparable half-year period in 
1994 were reported in each of Fujitsu's three major product areas: sales  
of communications systems increased by 17 percent; computer and 
information processing systems rose by 9 percent; and semiconductors  
and other electronic components were up 12 percent.  Overseas 
consolidated sales, including local production as well as exports from  
Japan, increased by 9 percent over the same period in 1994. 

         Headquartered in Tokyo, Fujitsu Limited is the world's second
largest computer maker and an international leader in communications, 
semiconductors and other electronic components.  Financial results  
reflect the performance of 426 consolidated subsidiaries (411 in the  
same 1994 half-year period), including ICL PLC, Fujitsu America, Inc.,  
and Fujitsu Microelectronics, Inc., as well as 38 affiliates (37 in the 
same half-year period), including Fanuc Ltd., using the applied equity method.

--------------------

* Note: All yen figures have been converted to U.S. dollars for 
convenience only at a rate of $1=99 yen.  Comparisons between 
fiscal half-year periods reflect conversion of yen amounts into 
dollars at this uniform rate.  Net income per share is based on the 
weighted average number of shares of common stock outstanding 
during the respective periods.

Background on Half-Year Results 

         Despite some positive signs from increased public investment 
and private consumption, the Japanese economy remained essentially
flat during this period, with no movement toward a full-fledged 
recovery.  Internationally, slower growth in the U.S. economy was 
offset by continued strong economic performance in Asia, while the
European economy expanded modestly. 

         In the communications and information industries, there was
rapid growth in multimedia-related business.  Domestically, demand for  
access network systems and mobile telephones was particularly strong, 
and demand for client/server systems, networks, personal computers, 
outsourcing and middleware also expanded significantly. Demand was  
also robust in semiconductors, particularly for memory products.

         Overseas, the company continued to benefit from buoyant demand 
for semiconductors, storage products and fiber optic transmission systems,
especially in the U.S.  In an effort to advance worldwide procurement of  
materials and components, Fujitsu expanded the role of its international
procurement office, focusing on the U.S. and Asia.  In addition,the company 
made aggressive overseas investments, moving to increase production capacity
at its semiconductor manufacturing subsidiaries in the U.K. and the U.S., 
ramping up volume production of hard disk drives in Thailand and the  
Philippines, and establishing operations in Vietnam.

Projections for Fiscal 1995 

         Although the appreciation of the yen has slowed and public 
investment in Japan is expected to increase as a result of recently 
approved supplementary budget measures, it is still difficult to predict  
when full-scale economic recovery will occur.  And with the U.S. economy  
showing signs of a slowdown, the overall economic picture is unclear. 

         Nevertheless, the Fujitsu Group is responding quickly to 
increased industry competition and downward pressure on pricing,
and is aggressively working to expand business opportunities.  In 
this regard, the Fujitsu Group will strive to augment its profit- 
oriented structure by further promoting globalization, reorganizing 
its domestic and overseas production organization, developing high
value-added products, and making carefully targeted investments.  

         Based on these market conditions, the Company makes the
following earnings projections for Fiscal Year 1995: 

Fujitsu Limited Consolidated Earnings Forecast for FY1995

(April 1, 1995 - March 31, 1996)    (Increase Over Previous Fiscal Year)

Net Sales      3,750.0 billion yen                   15%                        
                
Net Income        90.0 billion yen                  100%                        
                


Consolidated Statements of Income 

                                     Yen                 Yen        US$     
                                  (billions)          (billions)  (millions)

                              1H of      1H of                       1H of  
                              FY1995     FY1994   Change   FY1994    FY1995 
                                                                            
                                                                            
Net sales                   Y 1,644.0  Y 1,484.1   + 11% Y3,257.7  $ 16,606 
                                                                            
Operating costs and expenses:                                               
 Cost of goods sold           1,071.1      959.8   + 12%  2,117.8    10,819 
 Selling, general and                                                       
    administrative expenses     488.5      465.4    + 5%    974.0     4,934 
                              -------   --------  ------  -------   -------
                              1,559.6    1,425.2    + 9%  3,091.8    15,753 
                              -------   --------  ------  -------   -------
Operating income                 84.4       58.9   + 43%    165.9       853 
                                                                            
Other income (expenses):                                                    
 Interest and dividend income     5.7        6.7   - 16%     13.9        57 
 Interest charges               (24.4)     (28.3)     -     (55.5)     (246)
 Other, net                     ( 5.8)     (12.9)     -     (38.9)     ( 59)
                               -------   --------  ------  -------   -------
                                (24.5)     (34.5)     -     (80.5)     (248)
                               -------   --------  ------  -------   -------
Income before income taxes       59.9       24.4   +145%     85.4       605 
                                                                            
Income taxes                     33.1       23.9   + 38%     50.4       334 
                                                                            
Minority interests                2.4       (0.4)     -       1.2        25 
                                                                            
Equity in earnings                                                          
  of affiliated companies         6.2        4.8   + 31%     11.2        63 
                                                                            
Net income                    Y  30.6    Y   5.7   +441%  Y  45.0     $ 309 
                               -------   --------  ------  -------   -------

                                                                            
                                       Yen                   Yen       US$  
                                                                            
Net income per share           Y 16.8    Y   3.1           Y 24.8   $ 0.170 
Cash dividends per share         10.0       10.0             10.0     0.101 
                                                                            


Consolidated Balance Sheets 

                                                 Yen               US$      
                                              (billions)       (millions)   

                                        1995/9/30   1995/3/31   1995/9/30   
Assets                                                                      
  Current assets:                                                           
    Cash and time deposits              Y  348.4    Y  390.6    $ 3,519     
    Marketable and other securities         69.8        39.7        705     
    Receivables, trade                     707.2       780.1      7,144     
    Inventories                            781.1       623.9      7,890     
    Other current assets                   199.1       183.1      2,011     
                                        --------    --------  ---------    
      Total current assets               2,105.6     2,017.4     21,269     
                                        --------    --------  ---------    
  Investments and long-term loans          597.6       590.5      6,037     
                                                                            
  Property, plant and equipment                                             
      less accumulated depreciation        998.7       940.8     10,088     
                                                                            
  Other assets                             164.3       165.1      1,659     
                                      ----------   ---------  ----------    
                                       Y 3,866.2   Y 3,713.8   $ 39,053     
                                      ----------   ---------  ----------    
Liabilities and Shareholders' equity                                        
  Current liabilities:                                                      
    Short-term borrowings and current                                       
      portion of long-term debt         Y  628.1    Y  571.3    $ 6,344     
    Payables, trade                        477.9       440.1      4,828     
    Other current liabilities              485.6       477.0      4,905     
                                        --------    --------   --------    
      Total current liabilities          1,591.6     1,488.4     16,077     
                                        --------    --------   --------    
  Long-term liabilities:                                                    
    Long-term debt                         720.5       713.7      7,278     
    Other long-term liabilities            271.8       262.4      2,745     
                                        --------    --------   --------    
                                           992.3       976.1     10,023     
                                                                            
Minority interests                         146.0       149.0      1,475     
                                                                            
Shareholders' equity:                                                       
  Common stock                             237.5       223.6      2,400     
  Capital surplus                          414.8       398.8      4,190     
  Legal reserve                             25.0        24.1        252     
  Retained earnings                        459.0       453.8      4,636     
                                        --------   ---------   --------    
    Total shareholders' equity           1,136.3     1,100.3     11,478     
                                        --------   ---------   --------    
                                       Y 3,866.2   Y 3,713.8   $ 39,053     
                                       --------------------------------
  

Consolidated Net Sales by Product Area
                                                                            
                               Yen                     Yen          US$     
                            (billions)              (billions)   (millions) 
                         1H of     1H of                           1H of    
                         FY1995    FY1994    Change    FY1994      FY1995   
                                                                            
Communications Systems                                                      
     Domestic              205.1     168.8    + 22%      362.9       2,071  
     Overseas               68.0      63.7     + 7%      137.8         687  
     Total                 273.1     232.5    + 17%      500.7       2,758  
                                                                            
Computers and Information                                                  
Processing Systems                                                          
     Domestic              768.4     699.4    + 10%    1,571.4       7,761  
     Overseas              282.2     260.5     + 8%      598.4       2,851  
     Total               1,050.6     959.9     + 9%    2,169.8      10,612  
                                                                            
Semiconductors and                                                         
Electronic Components                                                      
     Domestic              134.8     122.4    + 10%      246.7       1,362  
     Overseas              120.8     105.5    + 15%      213.6       1,220  
     Total                 255.6     227.9    + 12%      460.3       2,582  
                                                                            
Other Operations                                                            
     Domestic               53.3      51.4     + 4%      102.4         539  
     Overseas               11.4      12.4     - 8%       24.5         115  
     Total                  64.7      63.8     + 1%      126.9         654  
                                                                            
TOTAL                                                                       
     Domestic            1,161.6   1,042.0    + 11%    2,283.4      11,733  
     Overseas              482.4     442.1     + 9%      974.3       4,873  
     Total               1,644.0   1,484.1    + 11%    3,257.7      16,606  
                                                                            

  --------------

Founded in 1935, Fujitsu Limited is the world's second largest computer
manufacturer and an international leader in telecommunications,
semiconductors and other electronic devices.  The company offers a broad
line of information processing systems, ranging from the world's fastest
supercomputers to the smallest palmtop computers.  The Fujitsu Group of
technology, software, and service companies posted global revenues of more
than $36 billion in the fiscal year ended March 31, 1995.


FOR MORE INFORMATION, PLEASE CONTACT: Fujitsu Limited, Public Relations Phone: (+81-3) 3215-5236 or 3213-4160 Fax: 3216-9365 Internet e-mail: momo@hq.fujitsu.co.jp or mike@hq.fujitsu.co.jp Internet Server: http://www.fujitsu.com/ (Japanse Home Page) (English Home Page) Internet Address: webmaster@www.fujitsu.co.jp