Fujitsu 2010 Annual Report Download - page 77

Coordination between Auditors and Internal Auditing Division
The auditors receive reports on the audit system and audit plans from the Corporate Internal Audit Division at the start of each reporting period. Then,
during the period, the auditors get reports on the results of internal audits and exchange information and advice to reach mutual understanding with
the Corporate Internal Audit Division.
Appointment of Outside Auditors to the Board of Auditors: Yes
Number of Outside Auditors: 3
Relationship with Company (1)
Name Type of Affiliation Relationship with Company*1
a b c d e f g h i
Tamiki Ishihara From other company
Megumi Yamamuro Attorney
Hiroshi Mitani Attorney
*1 Categories Describing Relationship with Company
a : From parent company
b : From other affiliated company
c : Principal shareholder of subject company
d : Concurrently serves as outside director or outside auditor of other company
e : Director or executive officer of other company
f : Close relative by blood or marriage to director or executive officer of the subject company or other designated interested party
g : Receives compensation or other material benefit as senior executive of parent company or subsidiary of the subject company
h : Has limited liability contract with subject company
i : Other
Relationship with Company (2)
Name Supplemental Explanation of Relationship Reason Appointed as Outside Auditor
Tamiki Ishihara Tamiki Ishihara serves as Corporate Advisor of Seiwa Sogo
Tatemono Co., Ltd.
Mr. Ishihara, with his long experience in the finance industry,
has extensive knowledge of finance and accounting issues.
Mr. Ishihara was formerly a Representative Director of
Mizuho Bank, Ltd. (formerly known as Dai-Ichi Kangyo Bank,
Ltd.), whose banking group is a major business partner of
Fujitsu. Beyond this business relationship, there are no other
factors that would compromise Mr. Ishihara’s independence.
Furthermore, seven years had passed between the time
when Mr. Ishihara retired from his position at Mizuho Bank
and the time he became an outside auditor of the company.
In total, twelve years have passed since his retirement, and
therefore the company believes Mr. Ishihara has a certain
degree of independence.
Megumi Yamamuro Attorney and Professor of the University of Tokyo Graduate
School for Law and Politics
Mr. Yamamuro has extensive experience in the legal field and
extensive knowledge of legal matters, including Japan’s Com-
pany Law.
Mr. Yamamuro has never been an executive of a major share-
holder or major business partner of Fujitsu, or held another such
position that would compromise his independence. Since he is
independent, the company has identified Mr. Yamamuro as an
independent auditor in reports to stock exchanges in Japan.
Hiroshi Mitani Attorney and Special Counsel, TMI Associates Mr. Mitani has a deep understanding of not only legal affairs,
but also of economic, social and other factors that affect the
management of a company due to his service as a public
prosecutor and as a member of the Fair Trade Commission.
Mr. Mitani has never been an executive of a major share-
holder or major business partner of Fujitsu, or held another
such position that would compromise his independence.
Since he is independent, the company has identified Mr.
Mitani as an independent auditor in reports to stock
exchanges in Japan.
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FUJITSU LIMITED Annual Report 2010
Corporate Governance