Enhancing Consolidated Management

On October 1, 2006, Fuji Photo Film Co., Ltd., made the transition to a corporate group organization, centered around our holding company, FUJIFILM Holdings Corporation. In February 2007, we took another major step toward creating a solid foundation for promoting strong consolidated management of our corporate group through combining the head office functions of FUJIFILM Holdings Corporation, FUJIFILM Corporation, and Fuji Xerox Co., Ltd.

[figure] New Management Structure for Fujifilm Group

Move to Holding Company Structure and Concentration of Head-office Functions

As FUJIFILM Holdings Corporation will oversee strategic planning for the entire Group, it will allocate resources by emphasizing overall optimization. At the same time, the new structure will promote an increase in areas of synergy among Group companies, personnel exchange within the Group, and improved efficiency by consolidating common operations.

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[photo] Fujifilm Group's head office building

In February 2007, we concentrated the head office functions of Fujifilm Corporation, Fuji Xerox Co., Ltd. and FUJIFILM Holdings in Tokyo Midtown, located in Roppongi, Tokyo. Through this move, we aim to promote further strategic collaboration and realize concrete synergies among the three companies.

Promotion of the “Slim & Strong Drive”

Taking advantage of the move to a new structure, we initiated the “Slim & Strong Drive” targeting all organizations in the Fujifilm Group. The activities promote thorough improvements in efficiency and the prioritized use of manufacturing costs, selling, general and administrative expenses, and R&D expenses, and aim to realize a more muscular and robust corporate constitution.