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Nov 9, 2009

FOR IMMEDIATE RELEASE

Company name: FUJISOFT INCORPORATED

Representative: Haruhisa Shiraishi,President & Chief Operating Officer

(Securities Code: 9749 TSE 1st Sec.)

Contact: Tatsuya Naito, Manager of Finance and Accounting Section, Corporate Planning Department

(Telephone) +81-45-650-8811

Notice of Partial Revisions to the Summary of Financial Results for the First Half of Fiscal Year ending March 31, 2010
(Revisions and Numerical Data Adjustments)

Tokyo, Japan – November 9, 2009 - FUJISOFT INC. (the “Company”) announces the following revisions to the above material disclosed at 3 p.m. on November 5, 2009. The Company also transmits numerical data after their adjustments.

1. Details of the revisions

Summary of Financial Results for the First Half of Fiscal Year ending March 31, 2010

2. Reason for the revisions

The consolidated subsidiary decided to post the 70 million yen provided as an allowance for bad debts under extraordinary losses, in consideration of credit collectibility, reflecting the emergence of a risk that some of the subsidiary’s credits would become uncollectible, following the previous announcement date.
The Company makes no change to its forecast for consolidated business results for the fiscal year ending March 31, 2010, since the effects of the revisions are minor.

* The “Revised sections” are underlined.
- Page 1

1. Consolidated Business Results for the Six Months Ended September 30, 2009 (Apr. 1, 2009 – Sep. 30, 2009)

(1) Consolidated operating results (cumulative total)

(Percentages represent year-on-year changes)

	Net sales		Operating income		Ordinary income		Net income
	Million yen	%	Million yen	%	Million yen	%	Million yen	%
Six months ended 9/09	72,432	-13.0	1,636	-58.2	1,616	-54.3	1,280	12.6
Six months ended 9/08	83,221	–	3,910	–	3,535	–	1,136	–

	Net income per share	Net income per share/ diluted
	Yen	Yen
Six months ended 9/09	40.15	–
Six months ended 9/08	34.14	34.13

(Percentages represent year-on-year changes)

	Net sales		Operating income		Ordinary income		Net income
	Million yen	%	Million yen	%	Million yen	%	Million yen	%
Six months ended 9/09	72,432	-13.0	1,636	-58.2	1,616	-54.3	1,254	10.4
Six months ended 9/08	83,221	–	3,910	–	3,535	–	1,136	–

	Net income per share	Net income per share/ diluted
	Yen	Yen
Six months ended 9/09	39.36	–
Six months ended 9/08	34.14	34.13

- Page 1

(2) Consolidated financial position

	Total assets	Net assets	Equity ratio	Net assets per share
	Million yen	Million yen	%	Yen
Six months ended 9/09	170,844	80,134	40.8	2,184.15
Year ended 3/09	177,795	78,236	38.3	2,137.03

Reference: Shareholders’ equity (million yen) Six months ended 9/09: 69,643 Year ended 3/09: 68,141

	Total assets	Net assets	Equity ratio	Net assets per share
	Million yen	Million yen	%	Yen
Six months ended 9/09	170,802	80,092	40.8	2,183.36
Year ended 3/09	177,795	78,236	38.3	2,137.03

Reference: Shareholders’ equity (million yen) Six months ended 9/09: 69,618 Year ended 3/09: 68,141

- Page 3

1.Qualitative Information Regarding Consolidated Operating Results

(Omitted)

Notwithstanding the activities described above, given the extremely difficult business environment, with falling demand for IT services from the corporate sector and an aversion to capital spending, net sales in the first half of the fiscal year under review stood at 72,432 million yen, down 13.0% year on year. Although selling, general, and administrative expenses fell 13.8% from the previous year, to 14,284 million yen, mainly reflecting lower labor costs, with a higher cost of sales and lower sales, operating income fell 58.2% year on year, to 1,636 million yen, and ordinary income declined 54.3%, to 1,616 million yen. Net income stood at 1,280 million yen, up 12.6% from the previous year, primarily attributable to the recording of compensation and a gain on sales of investment securities as extraordinary gains.

(Omitted)

Notwithstanding the activities described above, given the extremely difficult business environment, with falling demand for IT services from the corporate sector and an aversion to capital spending, net sales in the first half of the fiscal year under review stood at 72,432 million yen, down 13.0% year on year. Although selling, general, and administrative expenses fell 13.8% from the previous year, to 14,284 million yen, mainly reflecting lower labor costs, with a higher cost of sales and lower sales, operating income fell 58.2% year on year, to 1,636 million yen, and ordinary income declined 54.3%, to 1,616 million yen. Net income stood at 1,254 million yen, up 10.4% from the previous year, primarily attributable to the recording of compensation and a gain on sales of investment securities as extraordinary gains.

2.Qualitative Information Regarding Consolidated Financial Position

(Assets)

Total assets stood at 170,844 million yen at the end of the first half of the fiscal year under review, down 6,951 million yen from the end of the preceding consolidated fiscal year. Current assets fell 10,806 million yen from the end of the previous fiscal year, to 57,342 million yen. Fixed assets rose 3,853 million yen, to 113,500 million yen.
The fall in current assets was primarily attributable to a 6,747 million yen fall in cash and time deposits year on year, to 18,606 million yen, and a 6,131 million yen decline in notes and accounts receivable-trade, to 24,130 million yen, offsetting a 1,930 million yen rise in work in progress, to 4,958 million yen.
The rise in fixed assets was primarily attributable to a 3,288 million yen rise in goodwill, intangible fixed assets, from the previous year, to 5,631 million yen and a 638 million yen rise in investment securities, investment and other assets, to 11,457 million yen.

(Omitted)

(Net assets)

Net assets climbed 1,897 million yen, or 2.4% from the end of the previous fiscal year, to 80,134 million yen at the end of the first half of the fiscal year under review. The equity ratio rose to 40.8%, up from 38.3% at the end of the previous fiscal year.

(Cash flows)

Consolidated cash and cash equivalents (“cash”) at the end of the first half of the fiscal year under review were 18,599 million yen, a rise of 2,866 million yen year on year.
Cash flows in each category are as follows:

1) Cash flows from operating activities

Net cash provided by operating activities stood at 4,225 million yen, an increase of 1,636 million yen compared with the previous fiscal year.
The main factors included income before income taxes and minority interests of 2,655 million yen, a decrease in accounts receivable of 5,283 million yen (2,871 million yen more than the year-ago decrease), a decrease in trades payable of 1,591 million yen (1,528 million yen less than the year-ago decrease), and a decline in accrued personnel expenses of 3,488 million yen (3,436 million yen more than the year-ago decrease).

(Omitted)

(Assets)

Total assets stood at 170,802 million yen at the end of the first half of the fiscal year under review, down 6,993 million yen from the end of the preceding consolidated fiscal year. Current assets fell 10,848 million yen from the end of the previous fiscal year, to 57,300 million yen. Fixed assets rose 3,853 million yen, to 113,500 million yen.
The fall in current assets was primarily attributable to a 6,747 million yen fall in cash and time deposits year on year, to 18,606 million yen, and a 6,131 million yen decline in notes and accounts receivable-trade, to 24,130 million yen, offsetting a 1,930 million yen rise in work in progress, to 4,958 million yen.
The rise in fixed assets was primarily attributable to a 3,288 million yen rise in goodwill, intangible fixed assets, from the previous year, to 5,631 million yen.

(Omitted)

(Net assets)

Net assets climbed 1,855 million yen, or 2.4% from the end of the previous fiscal year, to 80,092 million yen at the end of the first half of the fiscal year under review. The equity ratio rose to 40.8%, up from 38.3% at the end of the previous fiscal year.
(Cash flows)
Consolidated cash and cash equivalents (“cash”) at the end of the first half of the fiscal year under review were 18,599 million yen, a rise of 2,866 million yen year on year.
Cash flows in each category are as follows:

1) Cash flows from operating activities

Net cash provided by operating activities stood at 4,225 million yen, an increase of 1,636 million yen compared with the previous fiscal year.
The main factors included income before income taxes and minority interests of 2,584 million yen, a decrease in accounts receivable of 5,283 million yen (2,871 million yen more than the year-ago decrease), a decrease in trades payable of 1,591 million yen (1,528 million yen less than the year-ago decrease), and a decline in accrued personnel expenses of 3,488 million yen (3,436 million yen more than the year-ago decrease).

(Omitted)

- Page 6

5. Consolidated Financial Statements

(1) Consolidated Balance Sheet

(Thousand yen)

	H1 FY2009 (As of September 30, 2009)	FY2008 Summary (As of March 31, 2009)
(Assets) 　Current assets
(Omitted)
Other	9,550,710	8,736,837
(Omitted)
Total current assets	57,342,300	68,149,181
(Omitted)
Total assets	170,844,430	177,795,818

(Thousand yen)

	H1 FY2009 (As of September 30, 2009)	FY2008 Summary (As of March 31, 2009)
(Assets) 　Current assets
(Omitted)
Other	9,579,410	8,736,837
(Omitted)
Total current assets	57,300,310	68,149,181
(Omitted)
Total assets	170,802,440	177,795,818

- Page 8

(1) Consolidated Balance Sheet

(Thousand yen)

	H1 FY2009 (As of September 30, 2009)	FY2008 Summary (As of March 31, 2009)
(Liabilities)
(Omitted)
(Net assets)
Owners’ equity
(Omitted)
Retained earnings	32,327,638	31,525,608
(Omitted)
Total owners’ equity	78,866,418	78,064,962
(Omitted)
Total assets	80,134,410	78,236,805
Total liabilities and net assets	170,844,430	177,795,818

(Thousand yen)

	H1 FY2009 (As of September 30, 2009)	FY2008 Summary (As of March 31, 2009)
(Liabilities)
(Omitted)
(Net assets)
Owners’ equity
(Omitted)
Retained earnings	32,302,276	31,525,608
(Omitted)
Total owners’ equity	78,841,057	78,064,962
(Omitted)
Total assets	80,092,420	78,236,805
Total liabilities and net assets	170,802,440	177,795,818

- Page 9

(2) Consolidated Income Statement

Consolidated first half results

(Thousand yen)

	H1 FY2008 (From April 1, 2008 to September 30, 2008)	H1 FY2009 (From April 1, 2009 to September 30, 2009)
(Omitted)
Extraordinary losses
Loss on valuation of investment securities	9,750	－
Loss on liquidation of subsidiaries and affiliates	－	66,931
Amortization of goodwill	－	8,746
Loss on changes in equity	3,263	－
Total extraordinary losses	13,013	75,677
Income before income taxes and minority interests	3,522,809	2,655,089
Income taxes – current	1,636,664	1,114,986
Income taxes – deferred	127,218	-289,507
Total income taxes	1,763,883	825,479
Minority interests	622,241	549,275
Net income	1,136,684	1,280,333

(Thousand yen)

	H1 FY2008 (From April 1, 2008 to September 30, 2008)	H1 FY2009 (From April 1, 2009 to September 30, 2009)
(Omitted)
Extraordinary losses
Loss on valuation of investment securities	9,750	－
Loss on liquidation of subsidiaries and affiliates	－	66,931
Amortization of goodwill	－	8,746
Loss on changes in equity	3,263	－
Provision of allowance for doubtful accounts	－	70,689
Total extraordinary losses	13,013	146,367
Income before income taxes and minority interests	3,522,809	2,584,399
Income taxes – current	1,636,664	1,114,986
Income taxes – deferred	127,218	-318,207
Total income taxes	1,763,883	796,779
Minority interests	622,241	532,648
Net income	1,136,684	1,254,971

-Page 11

(3) Consolidated Cash Flow Statement

(Thousand yen)

	H1 FY2008 (From April 1, 2008 to September 30, 2008)	H1 FY2009 (From April 1, 2009 to September 30, 2009)
Cash flows from operating activities
Income before income taxes and minority interests	3,522,809	2,655,089
(Omitted)
Other	-310,943	-1,398,149
Subtotal	4,975,111	4,843,156
(Omitted)

(Thousand yen)

	H1 FY2008 (From April 1, 2008 to September 30, 2008)	H1 FY2009 (From April 1, 2009 to September 30, 2009)
Cash flows from operating activities
Income before income taxes and minority interests	3,522,809	2,584,399
(Omitted)
Other	-310,943	-1,327,459
Subtotal	4,975,111	4,843,156
(Omitted)