Fuji Electric Group

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Environmental Report : Targets and Results : Consolidated Subsidiaries and Equity-Method Affiliates Subject to Environmental Management
(As of March 31, 2006)

The following table lists all Fuji Electric Group's consolidated subsidiaries and equity-method affiliates to which environmental management applies. The Fuji Electric Group comprises 67 consolidated subsidiaries, 46 of which are based in Japan and 21 overseas. Fuji Logistics Co., Ltd. and Japan AE Power Systems Corporation are both equity-method affiliates.

TABLE LISTS

SQUARE MARK : Company not subject to acquisition of ISO 14001 certification (only overseas sales company, etc.)
* : Date collected from the environmental management information system FeSMART or environmental performance data sheets.
JACO: Japan Audit and Certification Organization for Environment and Quality / JQA: JAPAN QUALITY ASSURANCE ORGANIZATION / JET: JAPAN ELECTRICAL SAFETY&ENVIRONMENT TECHNOLOGY LABORATORIES / LRQA: Lloyd's Register Quality Assurance Limited / MSA: Management System Assessment Center / CQC: China Quality Certification Center

Targets and Results :
Environmental Accounting		   Operating Activities :
Aiming for Net Zero Global Environmental Impact