Ad hoc: Fujitsu Limited
Dienstag, 31.03.2009 09:15 von DGAP
Ad hoc announcement §15 WpHG Miscellaneous : Change in Specified Subsidiary Ad hoc announcement transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------------------ Notice Regarding Change in Specified Subsidiary Tokyo, March 31, 2009 - announced today the liquidation of its specified subsidiary Fujitsu IT Holdings, Inc. 1. Reason for Liquidation Fujitsu has developed its business in North America as part of its global business expansion. Due to rapid changes in the North American market and technology trends, Fujitsu has been reorganizing its business in the region. As a part of this reorganization, Fujitsu IT Holdings became a dormant company as of April 1, 2004, and its subsidiaries became direct subsidiaries of . , as the sole shareholder, has subsequently resolved to dissolve and liquidate Fujitsu IT Holdings. 2. Company Outline (1) Name Fujitsu IT Holdings, Inc. (2) Representative Tetsuo Urano, Chief Executive Officer (3) Location 1250 E. Arques Avenue, Sunnyvale, California, 94085 U.S.A (4) Date of Establishment October 19, 1970 (5) Business Activities Dormant company (6) Fiscal Year April 1 to March 31 (7) Capital US$ 965,911 thousand (8) Number of Shares 19,318,238,075 shares (9) Ownership of Shares 100% (10) Financials for the most recent fiscal years ending March 31 (million yen) 2006 2007 2008 Net Sales - - - Gross Profit - - - Operating Income 8 - - Ordinary Income 483 1,153 -4 Net Income 478 1,151 -3 Total Assets 240 638 87 Net Assets -1,229 -69 -63 Dividend (per share) - - - 3. Schedule March 31, 2009 Completion of liquidation 4. Impact on Results The liquidation of the company will only have a minor impact on the consolidated financial results for the period ending March 31, 2009. Press Contact: Public and Investor Relations Inquiries: http://www.fujitsu.com/global/news/contacts/ About Fujitsu Fujitsu is a leading provider of IT-based business solutions for the global marketplace. With approximately 160,000 employees supporting customers in 70 countries, Fujitsu combines a worldwide corps of systems and services experts with highly reliable computing and communications products and advanced microelectronics to deliver added value to customers. Headquartered in Tokyo, (TSE:6702) reported consolidated revenues of 5.3 trillion yen (US$53 billion) for the fiscal year ended March 31, 2008. For more information, please see: www.fujitsu.com Company and product names referenced 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. (c)DGAP 31.03.2009 --------------------------------------------------------------------------- Language: English Issuer: Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo 105-7123 Japan Phone: +81 (0) 3-6252-2176 Fax: +81 (0) 3-6252-2783 E-mail: ir@fujitsu.com Internet: ISIN: JP3818000006, DE0008632639 WKN: 855182, 863263 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------