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News Release

Fuji Electric to establish Fuji Electric Tsugaru Semiconductor Co., Ltd.

Tokyo, July 02, 2012 - Fuji Electric Co., Ltd. (hereafter, “Fuji Electric” or “the Company”; )(TSE: 6504) announces today that it has completed a Share Transfer Agreement to purchase the Tsugaru Factory of Renesas Northern Japan Semiconductor, Inc. and has established Fuji Electric Tsugaru Semiconductor Co., Ltd., a wholly owned subsidiary of the Company, as outlined below.

1. Establishment Date

July 1, 2012

2. Profile
(1) Company name: Fuji Electric Tsugaru Semiconductor Co., Ltd.
(2) Head office location: 156 Nabekake, Urushikawa, Goshogawara-shi, Aomori Prefecture
(3) Name and Title of Representative: Naoki Ito, President and Representative Director
(4) Business Activities: Manufacture and sales of semiconductors
(5) Fiscal Year-end: March 31
(6) Shareholder: Fuji Electric Co., Ltd. (Percentage of shares held: 100%)
(7) Number of employees: 486 (including 359 full-time staff)

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