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Fuji Xerox Constructs New Integrated R&D Site at “Minato Mirai 21” in Yokohama City

Invests Approx. 60 Billion Yen to Restructure Domestic R&D Functions and
Concentrate Them at Two Sites in Yokohama and Ebina



TOKYO, October 24, 2006 - Fuji Xerox Co., Ltd. will acquire Section 65 at “Minato Mirai 21” in Yokohama City, Kanagawa, with the view to strengthen its R&D capabilities.

As part of its efforts to reform development and production, Fuji Xerox transferred production operations, particularly the assembly lines of the Ebina Center, primarily to Shanghai and Shenzhen in November 2004. Following this, Fuji Xerox will construct new R&D sites to increase efficiency of R&D, reinforce organizational collaboration and boost the integrated strength of technology.

By doing so, Fuji Xerox plans to concentrate existing R&D sites to Yokohama and Ebina. The R&D functions will be integrated mainly at Yokohama in a step-wise manner. Ebina will be positioned as a key production site, especially in terms of production technology. Accordingly, all R&D functions will be integrated at Yokohama and Ebina.

Details

Aims
Increase efficiency of R&D, reinforce organizational collaboration and boost the integrated strength of R&D
Investment total
Approx. 60 billion yen
Details of new site
Location : 65 Section, Minato Mirai 21, Yokohama City, Kanagawa
6-1, Minato Mirai, Nishi-ku, Yokohama City, Kanagawa
Lot size : Approx. 14,600m2
Total floor space : Undetermined (under design)
Capacity : Max. approx. 5,000 people
Purpose for use : As R&D site
Schedule
Planned date of land acquisition : End of November 2006
Planned start of construction : Around August 2007
Planned end of construction : Around July 2009
Planned start of operation : Around August 2009
About existing sites
The existing sites will either be moved or used for other purposes (under examination).

Conceptual image of acquired land and new building

Note: The conceptual image of the building and the actual building may differ.


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