Fujitsu 2001 Annual Report Download - page 50

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48
CERTIFIED PUBLIC ACCOUNTANTS
The Board of Directors
FUJITSU LIMITED
We have examined the consolidated balance sheets of Fujitsu Limited and consolidated
subsidiaries (the “Group”) as of March 31, 2000 and 2001, and the related consolidated
statements of operations, shareholders’ equity and cash flows for each of the three years
in the period ended March 31, 2001, all expressed in yen. Our examinations were made
in accordance with auditing standards, procedures and practices generally accepted and
applied in Japan and, accordingly, included such tests of the accounting records and such
other auditing procedures as we considered necessary in the circumstances.
In our opinion, the accompanying consolidated financial statements, expressed in yen,
present fairly the consolidated financial position of the Group at March 31, 2000 and
2001, and the consolidated results of its operations and its cash flows for each of the
three years in the period ended March 31, 2001, in conformity with accounting principles
and practices generally accepted in Japan applied on a consistent basis.
As described in Note1 to the Consolidated Financial Statements, the Group has adopted new
accounting standards for retirement benefits, financial instruments, and foreign currency
translation effective the year ended March 31, 2001, in the preparation of their consolidated
financial statements.
The U.S. dollar amounts in the accompanying consolidated financial statements with
respect to the year ended March 31, 2001 are presented solely for convenience. Our
examination also included the translation of yen amounts into U.S. dollar amounts and,
in our opinion, such translation has been made on the basis described in Note 3 to the
consolidated financial statements.
Tokyo, Japan
June 27, 2001
Independent Auditors’ Report