DGAP-Adhoc: Fujitsu Limited: Fujitsu to Discontinue HDD

Fujitsu Limited / Miscellaneous

27.01.2009 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------

Fujitsu Limited

Fujitsu to Discontinue HDD Head Business

Tokyo, January 27, 2009 - Fujitsu Limited announced today that it will
discontinue its hard disk drive (HDD) head*1 business on March 31, 2009 as
part of a broader strategic review of the HDD operations.

The HDD head development and manufacturing operations are currently
performed at the Nagano Plant. The company will reassign plant employees
working in the HDD head operations to other operations within the Fujitsu
Group.

The Nagano Plant also manufactures printed circuit boards for servers and
telecommunications equipment, and will continue these operations after
March 31.

Overview of Fujitsu HDD Head Business:
Business: Development and manufacturing of HDD heads
Location: Nagano Plant (Nagano City, Nagano Prefecture)
Employees: Approximately 360

Impact on FY2008 Consolidated Financial Results:
In relation to the discontinuation of the HDD head business, Fujitsu plans
to recognize a one-time, facilities-related loss of 5.0 billion yen in the
consolidated financial statements for the third quarter of fiscal 2008
ended December 31, 2008. 

Note: 

*1: HDD head
A part used to read and write data on the HDD. 

Press Contact:
Fujitsu Limited
Public and Investor Relations Division
Inquiries:
https://www-s.fujitsu.com/global/news/contacts/inquiries/index.html

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, Fujitsu Limited (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.

All other 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.
DGAP 27.01.2009 
---------------------------------------------------------------------------
Language:     English
Issuer:       Fujitsu Limited
              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
---------------------------------------------------------------------------
DGAP-Adhoc: Fujitsu Limited: Fujitsu to Discontinue HDD Head Business
