Fujitsu 2006 Annual Report Download - page 2

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Financial Highlights ............................................................................. 1
A Message from Management ............................................................ 2
A Conversation with the President .................................................... 4
Growth through Global Business Expansion ................................... 10
Business Overview ................................................................................. 18
Operational Review and Outlook ....................................................... 20
Research & Development .................................................................... 28
Intellectual Property ............................................................................. 30
Social and Environmental Activities .................................................. 32
Management........................................................................................... 34
Corporate Governance ......................................................................... 35
Business and Other Risks .................................................................... 40
Financial Section ................................................................................... 44
Principal Subsidiaries and Affiliates .................................................. 83
Shareholders’ Data ................................................................................ 83
Contents
Forward-looking Statements
*This annual report may contain forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause
actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results may differ materially from those projected or implied in the forward-looking
statements due to, without limitation, the following factors: general economic and market conditions in key markets (particularly in Japan, North America and Europe); rapid changes in the high-
technology market (particularly semiconductors, PCs, etc.); fluctuations in exchange rates or interest rates; fluctuations in capital markets; intensifying price competition; changes in market positioning
due to competition in R&D; changes in the environment for the procurement of parts and components; changes in competitive relationships relating to collaborations, alliances and technical provisions;
potential emergence of unprofitable projects; and, changes in accounting policies.