Corporate Profile 2017

A message from our top management

To help our customers create values in their businesses

Since our establishment in 1962 as a joint venture between Fuji Photo Film (then) and Rank Xerox (then), Fuji Xerox has followed our basic philosophy of helping customers and society foster mutual understanding through better communications. We revolutionized office work with Xerography; the technology that allows duplicating information on paper. We have not only established an innovative business model focusing on a rental service—providing utility— rather than providing devices, but also offered a wide range of products and services to support customers in communications and creating values.

With recent diversification and globalization taking place in businesses and ever growing competition, improvement in work processes is required for faster decision-making. Times have changed in terms of doing business; companies are now collaborating with each other globally to move a project forward rather than handling everything themselves. It is becoming increasingly crucial to distribute and share information rapidly and accurately to develop an environment that allows creation of new knowledge. Communication not only supports businesses but also decides the changes they make.

As the rapid evolution of Information and Communication Technology and Internet of Things networks the world and diversifies media, the amount and types of distributed information have become ever larger. With our technologies and expertise that we have cultivated over the years in communications overall, Fuji Xerox provides the best means of converting necessary information into optimal formats as well as expediting its distribution and sharing. Our goal is to help customers resolve issues in every phase of their work and expanding their businesses, which includes optimizing overall work flow and strengthening their relationships with their own customers. Moreover, we will not only provide solutions to individual companies but also offer a new communications environment with a wider scope to local governments and communities.

Under a new management team that started in June 2017, we have been reforming our corporate structure with strengthened governance anchored by an open, fair and clear corporate culture as stated in the Fujifilm Group Vision. By propelling our business transformation through globally accelerating our solutions and services businesses, Fuji Xerox, as a member of Fujifilm Group, strives to contribute in solving customers’ and social issues through the creation of new values in the field of the Document Services and Communications.

Shigetaka KomoriChairman and Representative Director

Fuji Xerox Co., Ltd.

Hiroshi KuriharaPresident and Representative Director

Fuji Xerox Co., Ltd.

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Build an environment for the creation and effective utilization of knowledge.

Achieve growth and fulfillment in both our professional and personal lives.

Contribute to the advancement of the global community by continuously fostering mutual trust and enriching diverse cultures.

Trust and Consideration

Joy and Fulfillment

Shared Values

Customer Satisfaction

Team Spirit

Environmental Consciousness

Adventurous/Pioneer Spirit

Cultural Diversity Professionalism

Scientific Thinking

High Ethical Standards

Philosophy

Mission StatementA common goal for Fuji Xerox and all Group companies including

domestic and overseas affiliates and sales subsidiaries, as well as

all employees.

Shared ValuesThe Shared Values comprise 10 value statements, each emphasiz-

ing our responsibility and setting forth how we should approach

business as members of society and as individuals based on a

fundamental respect for humanity.

Business Summary

P/L Overview (US GAAP)

Performance

Operating income(consolidated)

Revenue (consolidated) Consolidated revenue by geography(FY2016)

Othercountries/

regions:47%

Japan:53%

Consolidated revenue by business segment (FY2016)

Note : These figures represent the revenue of FUJIFILM Holdings Corporation's "Document Solutions" segment for fiscal year ended March 31, 2017, which is equivalent to Fuji Xerox (consolidated).

1,165.41,166.91,080.9

(¥ Billion)

400.0

800.0

1,200.0

02014 (FY)2015 2016

OfficeProducts:44.1%

Other

ProductionServices: 12.9%

OfficePrinters: 15.1%

GlobalServices: 17.3%

82.787.987.6

0

(¥ Billion)

20

40

60

100

80

(FY)20162014 2015

Office Products & Printers Business

Providing office equipment such as multifunction devices and printers as well as related solutions.

Production Services Business

Providing digital printers and printing workflow solutions in the commercial printing segment focusing on graphic communications —from creating contents to processing and delivery.

Solutions & Services Business

Providing document services—which include system integration, cloud services, management of multifunction devices, and Business Process Outsourcing of mission-critical processes—, tailored to various industries or business processes to meet business challenges.

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Fuji Xerox’s sales and service areas cover Japan, China and other Asia-Pacific countries/regions.

Major Locations

Fuji Xerox High-Technology Company of Shenzhen Ltd.(Shenzhen, China)

Produces laser printers, multifunction devices and consumables

Fuji Xerox Eco-Manufacturing (Suzhou) Co., Ltd. (Suzhou, China)

Recycles used products recovered throughout China (excluding Hong Kong, Macao and Taiwan)

Fuji Xerox Hai Phong Co., Ltd. (Hai Phong, Vietnam)

Produces multifunction devices, low-end LED printers and others

Fuji Xerox Eco-Manufacturing Co., Ltd. (Chonburi, Thailand)

An integrated recycling site to recycle used products recovered from six Asia-Pacific countries and regions

Asia Pacific Operations (Singapore)

Promotes business development in the Asia-Pacific region (excluding the regions that China and East Asia Operations oversees)

China and East Asia Operations (Shanghai, China)

Promotes business development in China (including Hong Kong, Macao and Taiwan) and South Korea

Fuji Xerox of Shanghai Limited (Shanghai, China)

Develops and produces low-to mid-speed multifunction devices as well as toner cartridges

Sales Offices

Sales Offices

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Fuji Xerox Advanced Technology Co., Ltd.An affiliate company established in January 2010. It undertakes development of equipment functions—scanner, paper feed and peripheral devices—as well as custom hardware/software to control these functions. The company also specializes in product customization for specific customers and markets, manual creation, and product testing/evaluation.

•Headquarters(locatedinMinatomiraiFujiXeroxR&DSquare)•EbinaCenter(locatedinFujiXeroxEbinaCenter)•TakematsuCenter(LocatedinFujiXeroxTakematsuCenter)

Fuji Xerox Manufacturing Co., Ltd.An affiliate company established in January 2010. It is responsible for prototyping and manufacturing office equipment, printing devices and related products, as well as their components and consumables.

•Headquarters(locatedinFujiXeroxEbinaCenter)•TakematsuCenter(locatedinFujiXeroxTakematsuCenter)

Manufactures ground toner and photoreceptors, providing key component materials that support the image quality and reliability of Fuji Xerox products

•SuzukaCenterManufactures key components including electronic and optical parts for multifunction devices. Also, the Center incorporates a resource recycling production system, where new products are assembled utilizing reused components that Fuji Xerox guarantees

quality and performance equivalent to brand new components.

•ToyamaCenterManufactures imaging materials for copiers, multifunction devices and printers, and has a state-of-the-art plant exclusively for emulsion aggregation toner (EA toner)

•NiigataCenterManufactures production printers. Its advanced manufacturing technologies deliver products of high quality and reliability to customers.

Fuji Xerox R&D Square (Kanagawa, Japan)

Aiming at fulfilling market needs swiftly by strengthening ties with customers, FujiXeroxR&DSquarereinforcesR&Dfunctions through cross-divisional collaboration, shortening product development lead time, and streamlining R&Dcosts

Ebina Center (Kanagawa, Japan)

Principal site to develop multifunction devices, production printers and related products, as well as to establish manufacturing technologies

Takematsu Center (Kanagawa, Japan)

Develops and manufactures imaging materials for multifunction devices and printers

Tokyo Sales Office (Tokyo, Japan)

A core base for sales/marketing activities

Sales Offices

FX Palo Alto Laboratory, Inc. (California, United States)

A research base in Palo Alto, California that conducts research mainly on multimedia and information-related technologies

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Corporate Overview

Name

Headquarters

Telephone

Chairman of the Board and Representative Director

President andRepresentative Director

Date of establishment

Capital

Shareholders

Number of employees

Business sites

Fuji Xerox Co., Ltd.

9-7-3 Akasaka, Minato-ku, Tokyo 107-0052, JAPAN

+81-3-6271-5111

Shigetaka Komori

Hiroshi Kurihara

February 20, 1962Established as a joint venture between Rank Xerox Limited (currently Xerox Limited) and Fuji Photo Film Co., Ltd. (currently FUJIFILM Holdings Corporation)

20 billion yen

FUJIFILM Holdings Corporation (75%) Xerox Limited (25%)

47,357 (FY2016); 8,172 (FY2016; unconsolidated)

Headquarters: Tokyo

Research laboratories: Yokohama (Kanagawa, Japan), Nakai-machi (Kanagawa, Japan), Palo Alto (California, U.S.)

Development/manufacturing sites: Japan: Yokohama (Kanagawa), Ebina (Kanagawa), Takematsu (Kanagawa), Suzuka (Mie), Namerikawa (Toyama), Kashiwazaki (Niigata) Overseas: Shanghai, Shenzhen, Suzhou (China), Chonburi (Thailand), Hai Phong (Vietnam) and others

Main sales and service offices in Japan: Approximately 300 cities including key locations such as Sapporo, Sendai, Tokyo, Yokohama, Nagoya, Kyoto, Osaka, Kobe, Hiroshima, Fukuoka and Okinawa

Overseas bases (countries/regions): China (including Hong Kong and Taiwan), South Korea, the Philippines, Vietnam, Myanmar, Cambodia, Thailand, Malaysia, Singapore, Indonesia, Australia, New Zealand and the United States

Directors and Corporate Auditors As of July 1, 2017

Shigetaka Komori

Hiroshi Kurihara

Koichi Tamai

Masataka Jo Masaru Yoshizawa Toru Yamada Hisanori Makaya Kengo Taneda Kenji Sukeno Jeffrey Jacobson Farooq Muzaffar Royston C. Harding

Full-time Corporate Auditors Kazunobu Ogura Toshiyuki IijimaCorporate Auditors Shigeru Sano Tetsuya Shiokawa

Chairman of the Board and Representative Director

President and Representative Director

Deputy President and Representative Director

Directors

Corporate Auditors

President

Deputy President

Executive Vice President

Senior Vice President

Corporate Vice President

Hiroshi Kurihara

Koichi Tamai

Masataka Jo Masaru Yoshizawa

Toru Yamada Hisanori Makaya Kengo Taneda Jun Takagi Isamu Sekine Masaki Okano Yasuaki Onishi Masashi Sakamoto

Shuji Aso Daiji Nagaoka Toshiharu Yoneyama Yoshikazu Sato Tetsuya Toi Masahiro Fujimaki Masaaki Ikoma Tomoyuki Matsuura Yoshihito Sekikawa Chiaki Suzuki Toshihiro Maruta Hiroyuki HiranoAkito Kanekawa

Corporate Officers As of July 1, 2017

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Affiliates

Affiliates in Japan

― Asia-Pacific Countries/Regions ―Sales

Fuji Xerox Asia Pacific Pte Ltd ··················································· Singapore

Fuji Xerox Singapore Pte Ltd ····················································· Singapore

Fuji Xerox Asia Pacific Pte. Ltd. ················································· Malaysia

Fuji Xerox Vietnam Company Limited ···································· VietnamFuji Xerox Korea Company Limited ········································· South KoreaFuji Xerox Taiwan Corporation ·················································· TaiwanFuji Xerox (Thailand) Co., Ltd. ··················································· ThailandFuji Xerox Philippines Inc. ·························································· The PhilippinesFuji Xerox Australia Pty. Limited ··············································· AustraliaFuji Xerox New Zealand Limited ··············································· New ZealandPT. Astra Graphia, Tbk. (General agency for Fuji Xerox) ····· IndonesiaFuji Xerox Global Services (China) Limited ···························· China

Fuji Xerox Asia Pacific Pte. Ltd. (Myanmar Branch) ············· Myanmar

Branch of Fuji Xerox Asia Pacific Pte Ltd. ······························· Cambodia

Upstream Print Solutions ··························································· AustraliaFuji Xerox (China) Limited ························································· ChinaFuji Xerox Industry Development (China) Company Limited. ········· ChinaFuji Xerox (Hong Kong) Limited ··············································· Hong KongFuji Xerox Document Management Solutions Pty. Limited ········· Australia

Fuji Xerox Document Management Solutions Asia LimitedFuji Xerox Document Management Solutions Asia Limited Taiwan

Lease

Fuji Xerox Finance Limited ························································ AustraliaFuji Xerox Finance Limited ························································ New ZealandFuji Xerox Leasing (China) Ltd. ················································· ChinaFuji Xerox Leasing (Thailand) Ltd. ··········································· Thailand

Development, procurement and manufacturing

Fuji Xerox of Shanghai Limited ················································ ChinaFuji Xerox High-Technology Company of Shenzhen Ltd.········ ChinaFuji Xerox Far East Limited························································· Hong KongFuji Xerox Eco-Manufacturing Co., Ltd ···································· ThailandFuji Xerox Eco-Manufacturing (Suzhou) Co., Ltd. ················· ChinaFuji Xerox Hai Phong Co., Ltd. ··················································· VietnamFuji Xerox China Procurement Service (Shenzhen) Ltd. ········ ChinaFuji Xerox Korea (Incheon Factory) ········································· KoreaFuji Xerox Software Development Center of China ················ ChinaFuji Xerox Singapore Software Centre ···································· Singapore

― United States ―FX Global, Inc.Holding company of Fuji Xerox affiliates in the United States

Xerox International PartnersProvides OEM sales and support of laser printers and consumables

FX Global Supply Solutions, Inc.Conducts supply chain management for Fuji Xerox products in Europe and North America

FX Palo Alto Laboratory, Inc.Undertakes research on an outsourcing basis, mainly regarding multimedia and communication technologies

Affiliates in other countries/regions

Sales<Northern Japan Area>Fuji Xerox Hokkaido Co., Ltd.Fuji Xerox Iwate Co., Ltd.Fuji Xerox Miyagi Co., Ltd.Fuji Xerox Fukushima Co., Ltd.Regional Headquarters:Fuji Xerox Kitanihon Co., Ltd.

<Kanto Area>Fuji Xerox Ibaraki Co., Ltd.Fuji Xerox Tochigi Co., Ltd.Fuji Xerox Gunma Co., Ltd.Fuji Xerox Saitama Co., Ltd.Fuji Xerox Chiba Co., Ltd.Fuji Xerox Niigata Co., Ltd.Fuji Xerox Nagano Co., Ltd.Regional Headquarters:Fuji Xerox Kanto Co., Ltd.

<Tokyo Metropolitan Area>Fuji Xerox Kanagawa Co., Ltd.Fuji Xerox Tokyo Co., Ltd.Fuji Xerox Tama Co., Ltd.Regional Headquarters:Fuji Xerox Shutoken Co., Ltd.

<Mid-Japan Area>Fuji Xerox Hokuriku Co., Ltd.Fuji Xerox Gifu Co., Ltd.Fuji Xerox Shizuoka Co., Ltd.Fuji Xerox Aichi Co., Ltd.Fuji Xerox Aichi-Higashi Co., Ltd.Fuji Xerox Mie Co., Ltd.Regional Headquarters:Fuji Xerox Chubu Co., Ltd.

<Western Japan Area>Fuji Xerox Kyoto Co., Ltd.Fuji Xerox Osaka Co., Ltd.Fuji Xerox Hyogo Co., Ltd.Fuji Xerox Okayama Co., Ltd.Fuji Xerox Hiroshima Co., Ltd.Fuji Xerox Shikoku Co., Ltd.Regional Headquarters:Fuji Xerox Nishinihon Co., Ltd.

<Kyushu Area>Fuji Xerox Yamaguchi Co., Ltd.Fuji Xerox Fukuoka Co., Ltd.Fuji Xerox Nagasaki Co., Ltd.Fuji Xerox Kumamoto Co., Ltd.Fuji Xerox Kagoshima Co., Ltd.Regional Headquarters:Fuji Xerox Kyushu Co., Ltd.

Sales

Fuji Xerox Printing Systems Co., Ltd.Conducts wholesaling of office laser printers

Fuji Xerox InterField Co., Ltd.Markets office equipment, office furniture, stationary as well as consumables for copy machines, facsimiles and printers

Development

Fuji Xerox Information Systems Co., Ltd.Develops various software programs, including mission-critical systems, networks and applications

Fuji Xerox Advanced Technology Co., Ltd. Undertakes development of equipment functions—scanner, paper feed and peripheral devices—as well as custom hardware/software to control these functions. The company also specializes in product customization for specific customers and markets, manual creation, and product testing/evaluation.

Manufacturing

Fuji Xerox Manufacturing Co., Ltd.Develops prototypes and manufactures office equipment, printing devices and related products, as well as their components and consumables

Human capital and organizational development servicesFuji Xerox Learning Institute Inc.

Provides consulting services for human capital development as well as educational aids, and conducts seminars

Outsourcing servicesFuji Xerox System Service Co., Ltd.

Provides business process outsourcing services

Fuji Xerox Service Creative Co., Ltd.Sales contract and management operations, finance and accounting operations, call center operations, and others.

Fuji Xerox Service Link Co., Ltd. Provides document-related services

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