To Our Value Investors

To Our Value Investors

The Japanese economy for the latter half of fiscal 2007 moved in the uncertain environment influenced by U.S. subprime related financial problems and surge of energy and material prices. In the IT service industry business surroundings became very sever due to reduction of IT related investment among small and medium sized enterprise market and by many local public offices in cities and towns where FJB has main users.

Under such the circumstance, FJB enhanced proprietary solutions, and expanded consulting based sales promotions as well as emphasizing business strategies according to the markets. FJB recorded the net sales of 144.8 billion 3.6billion yen in the operating income, 3.3 billion yen for ordinary income and the net income of 1.8 billion yen.

Regarding the dividend payment the company adopted timely dividend policy and intended to increase dividend by 2yen per share to 18 yen per share for the financial year. For further program of profit-return to shareholders, the company made resolution to purchase company's shares from the market in the directors' meeting in April, and such the purchase has completed in June, 2008.

Though continued uncertain economic forecast and expected slowdown in business for 2008 financial year , FJB group will enhance its proprietary solutions supported by its consulting-style of business approaches and will introduce a new market strategy for smaller enterprises. We would endeavor for further improvement of business and corporate value.

We look forward to your continued support and cooperation as we move forward.