Fujitsu 2006 Annual Report Download - page 80

Download and view the complete annual report

Please find page 80 of the 2006 Fujitsu annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 86

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86

78 Fujitsu Limited
Gain on transfer of substitutional portion of employees’ pension funds
Please refer to Note 10 for “gain on transfer of substitutional portion of employees’ pension funds” for
the year ended March 31, 2004.
Gain on sales of property, plant and equipment
Gain on sales of property, plant and equipment for the year ended March 31, 2004 related to securitization
of the land and buildings of Fujitsu Solution Square (located in Kamata, Tokyo), and the sales of other
properties that had been used for employees’ welfare.
Amortization of unrecognized obligation for retirement benefits
Amortization of unrecognized obligation for retirement benefits related mainly to amortization of actu-
arial loss in Japan and net obligation at transition for the consolidated subsidiaries in Japan.
Restructuring charges
Restructuring charges for the year ended March 31, 2004 related to the cost of ¥75,775 million for reduction
in force, disposal of assets and one-time amortization of goodwill with regard to global restructuring focus-
ing on North America, the expected loss of ¥68,316 million based on strict analysis of predicted future
returns with regard to fundamental reform of the Software & Services business in Japan, and other costs of
¥20,111 million for reduction in force and disposal of assets with regard to restructuring of subsidiaries.
Restructuring charges for the year ended March 31, 2005 were recorded as expenses relating to reduc-
tions and relocation of personnel and disposition of assets primarily at domestic manufacturing subsidiaries.
Restructuring charges for the year ended March 31, 2006 related to expenses of restructuring to improve
business profitability and asset efficiency, realignment of business location, etc.
Loss on change in interest
Loss on change in interest for the year ended March 31, 2006 refers to loss relating to allocation of new
shares of affiliate (Spansion Inc.) to third parties.
Provision for prior product warranties
Provision for prior product warranties for the year ended March 31, 2006 is related to provision to cover
warranty-related costs for products sold in prior fiscal years.
Real estate valuation losses
Real estate valuation losses for the year ended March 31, 2005 related to the devaluation on idle
property holdings.
HDD litigation-related expenses
HDD litigation-related expenses for the year ended March 31, 2004 included expenses related to the settle-
ment of a class-action lawsuit in the United States regarding certain Fujitsu-manufactured magnetic hard
disk drives, as well as other litigation-related expenses and expenses for corrective measures for customers.
Casualty loss
Casualty loss for the year ended March 31, 2004 related to repair expenses incurred to cover damage
to property as a result of the earthquake that occurred off the coast of Miyagi Prefecture, Japan, on May
26, 2003.