yNEWS RELEASEz

October 21, 2004

Opening Ceremony at Fujitsu Ten Research and Development (Tianjin) Ltd.
|A consistent system; from design to trial manufacture, to evaluation, to drive experiment courses, etc.|

Fujitsu Ten Research and Development (Tianjin) Ltd.


FUJITSU TEN RESEARCH & DEVELOPMENT (Tianjin) LTD. a subsidiary of Fujitsu Ten Ltd. (Headquarters: Kobe, Japan, President: Takamitsu Tsuchimoto, Capital: 5.3 billion yen) held an opening ceremony on October 20th at 3:30 P.M. local time (4:30 P.M. in Japan time) on its property in Tianjin Economic-Technological Development Area of China. The construction of the office began in March 2004 and was completed in September of the same year.



Guests were invited from the government of Tianjin City and the Tianjin Economic-Technological Development Area. From Fujitsu Ten Group, President Tsuchimoto of Fujitsu Ten Ltd. Chairman Horiba of Fujitsu Ten Research & Development (Tianjin) Ltd. and President Yokoyama of Fujitsu Ten Research & Development were there to welcome.


The aim of Fujitsu Ten Research & Development is to strengthen its market in China and also to reduce cost by purveying materials within low-budget, -transportation area. The company was established in November 2003 to develop and design car-audio, car-navigation, and platform mechanism and so on.

In this subsidiary, not only Chinese-model products, which is suitable for the Chinese market design and functions, but also products for the global market will be developed. By promoting locally procurable components in first design levels, we intend to expand local procure.

In this facility, a consistent system: from design to trial manufacture, to the evaluation of world-class products are constantly carried out. For example, experimental driving courses based on various assumed road conditions are one of its evaluation.

This project will start with the development of deck mechanisms and car audio systems and gradually commence to develop high quality products such as car navigation systems.

Outline of Fujitsu Ten Reserch & Development

1.Company name: FUJITSU TEN RESEARCH DEVELOPMENT iTIANJINj LTD.
2.Location: Tianjin Economic-Technological Development Area
3.Business details: Design/development and evaluation of car audio/car navigation products and deck mechanisms,technical support for customers
4.Purpose: EIncrease in efficiency of development
EReinforcement of cost-competitiveness
EDevelopment of products with features/functions suitable for the Chinese market
EExpansion of local parts procurement
5.Capital: US$4.2 million(100% invested by Fujitsu Ten Ltd.)
6.Representative Yoshihiko Yokoyama, president
7.Date established: November 21,2003
8.Investment: Approximately 400 million yen
9.Size: Lot area: 30,600 square meters
Total floor area: 2,035 square meters (rainforced concrete, one-story)
Experimental driving courses: 12,000 square meters
10.Personnel plan: 100 employees in 2007



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