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Latest Press Release 2010

May 12, 2010

Notice of Differences Between Business Forecasts for the Fiscal Year Ended March 31, 2010 and Actual Results

Tokyo, Japan -May 12, 2010- FUJISOFT INC. (the “Company”) announces that there were differences between its forecasts dated October 30, 2009 for the non-consolidated fiscal year ended March 31, 2010 and the actual results it announced today. Details are as follows.

1. Differences between forecasts for the non-consolidated fiscal year ended March 31, 2010 and actual results

  Net sales
[million yen]

Operating income
[million yen]

Ordinary income
[million yen]
Net income
[million yen]

Net income per share
[yen]

Previous forecast (A) 73,000 350 350 400 12.54
Actual results (B) 70,606 555 482 733 23.00

Change (B-A)

(2,394) 205 132 333
Change (%) (3.3%) 58.6% 37.7% 83.3%

 

(Reference) Results for the previous fiscal year (fiscal year ended March 31, 2009) 82,153 1,522 3,061 140

4.32

2. Reasons for the differences

Despite the ongoing challenges presented by operating conditions, the Company recorded operating income and ordinary income for the non-consolidated fiscal year ended March 31, 2010 (from April 1, 2009 to March 31, 2010) that were higher than it had forecast, reflecting an improved cost ratio attributable to better operating efficiency and other causes, and the fact that it internalized a commitment for cost-cutting.

Net income for the year under review also exceeded the previous forecast as a result of extraordinary profits recorded in the fourth quarter, in addition to the foregoing.

Enquiries about this press release:

Contact:
Tatsuya Naito, Manager of Finance and Accounting Department, Corporate Planning Group
(Telephone) +81-45-650-8811