Fujitsu 2010 Annual Report Download - page 74

Download and view the complete annual report

Please find page 74 of the 2010 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 144

  • 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
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144

The resignation of the former president was
the result of properly functioning gover-
nance, and of my acting with the indepen-
dence expected of me as an outside auditor.
—Megumi Yamamuro
Yamamuro: Looking back on the events since the presidents
resignation on September 25, 2009, there were some things
that could have been handled better in terms of the pro-
cesses employed, but I think the decision was correct. I gave
the issue much thought as an outside auditor, and after care-
ful consideration agreed with
the majority of directors to seek
the president’s resignation. The
result was not due to a lack of
governance, but rather the
proper functioning of gover-
nance. There were some media
reports that the decision was
made by specific internal direc-
tors, but these reports were completely false. Since the time I
served as a judge, I have performed my duties with convic-
tion. In this case, too, I acted according to my own beliefs, and
with independence as an outside auditor.
Finally, what message do you have regarding your
expectations for Fujitsu going forward?
Yamamuro: I first became acquainted with Fujitsu around
1986 or 1987, as a personal user of the OASYS Japanese word
processor. Public expectations for ICT were rising at that time,
and I feel that those expectations have risen even further
today. Fujitsu is the leading ICT company in Japan, and as one
of the companies providing support for vital social infrastruc-
ture around the world, it has a heavy responsibility. I, too, have
great expectations for Fujitsu as one of the few global ICT
companies able to bear that responsibility.
Mitani: During the five years I
served as a member of Japans
Fair Trade Commission, I was
deeply impressed by the way
that Fujitsu maintained an inde-
pendent and unrestrained pos-
ture without yielding an inch to
competitors around the world. I
thought at the time that this was an extremely exceptional
corporate approach. The opening line of the Fujitsu Way
states Through our constant pursuit of innovation… This
phrase truly reflects the strong DNA of Fujitsu, as represented
by the bold decision in the 1960s to shift to the computer
business, which led to the Fujitsu of today. This constant
pursuit of innovation, along with my own impression of an
independent and unrestrained spirit, is the image of Fujitsu I
have firmly fixed in my mind. I hope the company will con-
tinue to keep these two aspects in mind in the future.
Q.6
Hiroshi Mitani
Special Counsel, TMI Associates
Apr. 1969 Public Prosecutor, Tokyo District Public
Prosecutor’s Office
Jun. 1997 Director General, Tokyo Regional Legal
Affairs Bureau
May 2001 Chief Public Prosecutor, Yokohama District
Public Prosecutors Office
Jul. 2002 Commissioner, Japan Fair Trade Commission
Aug. 2007 Admitted as lawyer
Sep. 2007 Special Counsel, TMI Associates
Jun. 2009 Auditor, Fujitsu Limited (to present)
Megumi Yamamuro
Professor, University of Tokyo Graduate Schools for Law
and Politics
Apr. 1974 Assistant Judge, Tokyo District Court
Apr. 1984 Judge, Tokyo District Court
Apr. 1988 Teaching Staff of the Legal Training and
Research Institute
Apr. 1997 Judge, Tokyo High Court
Jul. 2004 Admitted as lawyer
Jul. 2004 Participate in CAST Law P.C. (currently: SOGA
URYU & ITOGA)
Oct. 2004 Professor, Graduate Schools for Law and
Politics, The University of Tokyo (to present)
Jun. 2005 Auditor, Fujitsu Limited (to present)
Hiroshi Mitani Megumi Yamamuro
072 FUJITSU LIMITED Annual Report 2010
Interview With Auditors