| 1 |
Summary of the subsidiary company to be dissolved
| Firm name |
: |
Fuji Xerox Office Supply Co., Ltd.
|
| Headquarter address |
: |
2-5-12 Kanda-Surugadai, Chiyoda-ku, Tokyo 101-8314, Japan
|
| President |
: |
Akira Hayaaki
|
| Established |
: |
October 22, 1979
|
| Capital |
: |
500 million yen
|
| Shareholder |
: |
Fuji Xerox Co., Ltd. (100%)
|
| Employees: |
: |
370 (as of June 2006)
|
| Business areas |
: |
Supplies / mainframe peripherals / office design and construction
|
|
| 2 |
Reason for dissolution
Ever since its establishment, the aforementioned subsidiary company has been conducting the sales of office supplies, mainly copy papers. Its dissolution was decided after reviewing the paper business efficiency.
|
| 3 |
Regarding the sales of office supplies
Fuji Xerox Co., Ltd. and its affiliated companies will conduct the sales of office supplies through a new business structure to further meet customer requirements.
|
| 4 |
FXOS staff employment
Fuji Xerox Co., Ltd. with its affiliated companies will strive hiring the employees of Fuji Xerox Office Supply Co., Ltd. |
| 5 |
Time schedule for dissolution
| April 25, 2007 |
|
Decision to dissolve Fuji Xerox Office Supply Co., Ltd.
|
| September 30, 2007 |
|
Date of dissolution (plan)
|
| March 2008 |
|
Liquidation complete (plan)
|
|
| 6 |
Business impacts
The impact of the dissolution of the aforementioned subsidiary company to this fiscal year's business is minimal for the Fuji Xerox consolidated affiliates.
|
