Fujitsu 2009 Annual Report Download - page 130

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In regard to those “significant business locations/units,” the Company determined that sales, accounts
receivables and inventories were the accounts closely associated with the company’s business objectives and,
in principle, all business processes relating to those accounts should be subject to assessment. Some of those
business processes, which do not have a material quantitative impact or are not closely associated with busi-
ness objectives, were excluded from the scope of the assessment. Other business processes relating to signifi-
cant accounts involving estimates and management’s judgment were included in the scope of assessment,
taking into account the impact on financial reporting individually.
Regarding IT general control for “significant business locations/units,” the Company performed an assess-
ment of the systems used to automate business process controls. These systems were assessed according to
the type of infrastructure.
3. Assessment Result
As a result of performing the assessment in accordance with the above policy, the Company concluded that
the design and operation of internal control over financial reporting for the Fujitsu Group were effective as of
March 31, 2009.
4. Supplementary Information
The following events took place subsequent to the fiscal year ended March 31, 2009:
 •OnApril1,2009,FujitsuSiemensComputers(Holding)B.V.wasconvertedintoaconsolidatedsubsidiary
of Fujitsu Limited and renamed Fujitsu Technology Solutions (Holding) B.V.
•On April 1, 2009, Fujitsu Consulting Holdings Inc., Fujitsu Computer Systems Corporation, and Fujitsu
Transaction Solutions Inc. were brought together under one unified corporate structure. The name of the
integrated company was changed to Fujitsu America, Inc. on the same day.
 •OnFebruary17,2009,theCompanyreachedbasicagreementswithToshibaCorporationandwithShowa
Denko K.K. regarding the transfer of its hard disk drive business and hard disk media business, respec-
tively, and concluded a definitive agreement with both companies on April 30, 2009. The transfer of hard
disk media business and hard disk drive business is planned to be completed on July 1, 2009 and on
August 1, 2009, respectively.
 •OnMay1,2009,FDKCorporationwasconvertedintoaconsolidatedsubsidiaryofFujitsuLimited.
These events may have a significant impact on the assessment of the effectiveness of internal control over
Fujitsu Group’s financial reporting in fiscal year 2009 and thereafter.
128 ANNUAL REPORT 2009
FUJITSU LIMITED
Management’s Report on Internal Control over Financial Reporting