Corporate Profile Fuji Xerox Co., Ltd.

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1 Corporate Profile 2018 Fuji Xerox Co., Ltd.

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

2 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. We renewed the leadership team in June 2018 to reinforce our efforts in improving corporate management and structure through strengthened governance. The new leadership will also advance Fuji Xerox s new value proposition strategy Smart Work Innovation to resolve societal issues such as improving work efficiencies and customer s business competitiveness. Our commitment to achieving sustainable growth remains unchanged. Shigetaka Komori Chairman and Representative Director Fuji Xerox Co., Ltd. Kouichi Tamai President and Representative Director Fuji Xerox Co., Ltd. 2

Philosophy Mission Statement A common goal for Fuji Xerox and all Group companies including domestic and overseas affiliates and sales subsidiaries, as well as all employees.

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

Shared Values The Shared Values comprise 10 value statements, each emphasizing our responsibility and setting forth how we should approach business as members of society and as

Adventurous/ Pioneer Spirit Joy and Fulfillment Trust and Consideration Cultural Diversity Customer Satisfaction Shared Values Team Spirit Environmental Consciousness High Ethical

8 2015 2016 2017 (FY) Consolidated revenue by business segment (FY2017) Production Services: 12.5% Solutions & Services: 24.5% Other: 4.8% Office Products & Office Printers: 58.

0 2017 (FY) Consolidated revenue by geography (FY2017) Other countries/ regions: 47% Japan: 53% Note : These figures represent the revenue of FUJIFILM Holdings Corporation's "Document

3 Philosophy Mission Statement A common goal for Fuji Xerox and all Group companies including domestic and overseas affiliates and sales subsidiaries, as well as all employees. Build an environment for the creation and effective utilization of knowledge. Contribute to the advancement of the global community by continuously fostering mutual trust and enriching diverse cultures. Achieve growth and fulfillment in both our professional and personal lives. Shared Values The Shared Values comprise 10 value statements, each emphasizing our responsibility and setting forth how we should approach business as members of society and as individuals based on a fundamental respect for humanity. Adventurous/ Pioneer Spirit Joy and Fulfillment Trust and Consideration Cultural Diversity Customer Satisfaction Shared Values Team Spirit Environmental Consciousness High Ethical Standards Scientific Thinking Professionalism Performance P/L Overview (US GAAP) Revenue (consolidated) ( Billion) 1, , , , (FY) Consolidated revenue by business segment (FY2017) Production Services: 12.5% Solutions & Services: 24.5% Other: 4.8% Office Products & Office Printers: 58.2% Operating income (consolidated) ( Billion) (FY) Consolidated revenue by geography (FY2017) Other countries/ regions: 47% Japan: 53% Note : These figures represent the revenue of FUJIFILM Holdings Corporation's "Document Solutions" segment for fiscal year ended March 31, 2018, which is equivalent to Fuji Xerox (consolidated). Business Summary 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. 3

Major Locations Fuji Xerox's sales and service areas cover Japan and other

The Americas, Europe and other regions are covered by Xerox Corporation.

mid-speed multifunction devices as well as toner cartridges Fuji Xerox

(Suzhou, China) Recycles used products recovered throughout China (excluding Hong

(Hai Phong, Vietnam) Produces multifunction devices, low-end LED printers and

(Shenzhen, China) Produces laser printers, multifunction devices and consumables

4 Major Locations Fuji Xerox's sales and service areas cover Japan and other Asia-Pacific countries/regions. The Americas, Europe and other regions are covered by Xerox Corporation. Fuji Xerox of Shanghai Limited (Shanghai, China) Develops and produces low-to mid-speed multifunction devices as well as toner cartridges 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 High-Technology Company of Shenzhen Ltd. (Shenzhen, China) Produces laser printers, multifunction devices and consumables 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) Sales Offices Promotes business development in the Asia-Pacific region 4

Fuji Xerox R&D Square (Kanagawa, Japan) Aiming at fulfilling market needs swiftly by strengthening ties with customers, Fuji Xerox R&D Square reinforces R&D

Xerox Advanced Technology Co., Ltd. An affiliate company established in January 2010.

The company also specializes in product customization for specific customers and markets, manual creation, and product testing/evaluation.

Center) Takematsu Center (Kanagawa, Japan) Principal site to develop multifunction devices, production printers and related products, as well as to establish

An affiliate company established in January 2010.

Tokyo Sales Office (Tokyo, Japan) Sales Offices A core base for sales/marketing activities Headquarters (located in Fuji Xerox Ebina Center) Takematsu Center

reliability of Fuji Xerox products Suzuka Center Manufactures key components including electronic and optical parts for multifunction devices.

5 Fuji Xerox R&D Square (Kanagawa, Japan) Aiming at fulfilling market needs swiftly by strengthening ties with customers, Fuji Xerox R&D Square reinforces R&D functions through cross-divisional collaboration, shortening product development lead time, and streamlining R&D costs Ebina Center (Kanagawa, Japan) Fuji Xerox Advanced Technology Co., Ltd. An affiliate company established in January 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 (located in Minatomirai Fuji Xerox R&D Square) Ebina Center (located in Fuji Xerox Ebina Center) Takematsu Center (Located in Fuji Xerox Takematsu Center) Takematsu Center (Kanagawa, Japan) Principal site to develop multifunction devices, production printers and related products, as well as to establish manufacturing technologies Develops and manufactures imaging materials for multifunction devices and printers Fuji Xerox Manufacturing Co., Ltd. An affiliate company established in January It is responsible for prototyping and manufacturing office equipment, printing devices and related products, as well as their components and consumables. Tokyo Sales Office (Tokyo, Japan) Sales Offices A core base for sales/marketing activities Headquarters (located in Fuji Xerox Ebina Center) Takematsu Center (located in Fuji Xerox Takematsu Center) Manufactures ground toner and photoreceptors, providing key component materials that support the image quality and reliability of Fuji Xerox products Suzuka Center Manufactures 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. Toyama Center Manufactures imaging materials for copiers, multifunction devices and printers, and has a state-of-the-art plant exclusively for emulsion aggregation toner (EA toner) Niigata Center Manufactures production printers. Its advanced manufacturing technologies deliver products of high quality and reliability to customers. 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 5

Corporate Overview Name Headquarters Telephone Chairman of the Board and Representative Director President and Representative Director Date of establishment Capital Shareholders Number of employees

6 Corporate Overview Name Headquarters Telephone Chairman of the Board and Representative Director President and Representative Director Date of establishment Capital Shareholders Number of employees Business sites Fuji Xerox Co., Ltd Akasaka, Minato-ku, Tokyo , JAPAN Shigetaka Komori Kouichi Tamai February 20, 1962 Established 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%) 44,596 (FY2018); 8,023 (FY2018; 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 Audit & Supervisory Board Members As of June 20, 2018 Chairman of the Board and Representative Director President and Representative Director Directors Audit & Supervisory Board Members Shigetaka Komori Kouichi Tamai Masaru Yoshizawa Go Miyazaki Hisanori Makaya Kengo Taneda Yasuaki Onishi Mutsuki Tomono Kenji Sukeno John Visentin Farooq Muzaffar Xavier Heiss Hiroyuki Sakai Mamoru Matsushita Shigeru Sano Tetsuya Shiokawa Corporate Officers As of June 20, 2018 President Executive Vice President Senior Vice President Corporate Vice President Kouichi Tamai Masaru Yoshizawa Go Miyazaki Hisanori Makaya Kengo Taneda Yasuaki Onishi Jun Takagi Masaki Okano Masashi Sakamoto Mutsuki Tomono Shuji Aso Daiji Nagaoka Toshiharu Yoneyama Yoshikazu Sato Masahiro Fujimaki Masaaki Ikoma Tomoyuki Matsuura Yoshihito Sekikawa Chiaki Suzuki Hiroyuki Hirano Akito Kanekawa Masaharu Furukawa Hideto Ikoma Keiichi Naito 6

7 Affiliates Affiliates in Japan Sales Fuji Xerox Hokkaido Co., Ltd. Fuji Xerox Iwate Co., Ltd. Fuji Xerox Miyagi Co., Ltd. Fuji Xerox Fukushima Co., Ltd. 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 Kanagawa Co., Ltd. Fuji Xerox Tokyo Co., Ltd. Fuji Xerox Tama Co., Ltd. Fuji Xerox Hokuriku Co., Ltd. Fuji Xerox Niigata Co., Ltd. Fuji Xerox Nagano 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. Fuji Xerox Kyoto Co., Ltd. Fuji Xerox Osaka Co., Ltd. Fuji Xerox Hyogo Co., Ltd. Fuji Xerox Hiroshima Co., Ltd. Fuji Xerox Okayama Co., Ltd. Fuji Xerox Yamaguchi Co., Ltd. Fuji Xerox Shikoku Co., Ltd. Fuji Xerox Fukuoka Co., Ltd. Fuji Xerox Nagasaki Co., Ltd. Fuji Xerox Kumamoto Co., Ltd. Fuji Xerox Kagoshima 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 services Fuji Xerox Learning Institute Inc. Provides consulting services for human capital development as well as educational aids, and conducts seminars Outsourcing services Fuji 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 Affiliates in other countries/regions Asia-Pacific Countries/Regions Sales Fuji Xerox Australia Pty. Limited Australia Fuji Xerox Document Management Solutions Pty. Limited Australia Upstream Print Solutions Australia Branch of Fuji Xerox Asia Pacific Pte Ltd. Cambodia Fuji Xerox (China) Limited China Fuji Xerox Global Services (China) Limited China Fuji Xerox Industry Development (China) Company Limited. China Fuji Xerox (Hong Kong) Limited Hong Kong Fuji Xerox Document Management Solutions Asia Limited Hong Kong PT. Astra Graphia, Tbk. (General agency for Fuji Xerox) Indonesia Fuji Xerox Korea Company Limited Korea Fuji Xerox Asia Pacific Pte. Ltd. Malaysia Fuji Xerox Asia Pacific Pte. Ltd. (Myanmar Branch) Myanmar Fuji Xerox New Zealand Limited New Zealand Fuji Xerox Philippines Inc. The Philippines Fuji Xerox Asia Pacific Pte Ltd Singapore Fuji Xerox Singapore Pte Ltd Singapore Fuji Xerox Taiwan Corporation Taiwan Fuji Xerox Document Management Szolutions Asia Limited Taiwan Taiwan Fuji Xerox (Thailand) Co., Ltd. Thailand Fuji Xerox Vietnam Company Limited Vietnam Lease Fuji Xerox Finance Limited Australia Fuji Xerox Leasing (China) Ltd. China Fuji Xerox Finance Limited New Zealand Fuji Xerox Leasing (Thailand) Ltd. Thailand Development, procurement and manufacturing Fuji Xerox China Procurement Service (Shenzhen) Ltd. China Fuji Xerox Eco-Manufacturing (Suzhou) Co., Ltd. China Fuji Xerox High-Technology Company of Shenzhen Ltd. China Fuji Xerox of Shanghai Limited China Fuji Xerox Software Development Center of China China Fuji Xerox Far East Limited Hong Kong Fuji Xerox Korea (Incheon Factory) Korea Fuji Xerox Singapore Software Centre Singapore Fuji Xerox Eco-Manufacturing Co., Ltd Thailand Fuji Xerox Hai Phong Co., Ltd. Vietnam United States FX Global, Inc. Holding company of Fuji Xerox affiliates in the United States 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 Xerox International Partners Provides OEM sales and support of laser printers and consumables 7

8 Xerox, Xerox and Design, as well as Fuji Xerox and Design are registered trademarks or trademarks of Xerox Corporation in Japan and/or other countries.

Corporate Profile 2017

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