TAKEFUJI CORPORATION   15-1 Nishi-Shinjuku 8-chome,Shinjuku-ku, Tokyo 163-8654 Japan

November 17, 2004
For release    Immediately
Representative Megumu Motohisa, President
Contact Investor Relations
Tel: 81-3-3365-8011
Fax: 81-3-3365-8070
Stock Code No. 8564 TYOSE



Re: Judicial Decision



On November 17, 2004, the Tokyo District Court delivered sentence on Takefuji Corporation to a fine of one million yen for breach of the Telecommunication Business Law.
We would like to offer our profound apologies and regrets for all the concern caused to the general public, especially to our customers, shareholders and investors by these developments.
We take such sentence seriously, and will be committed to further strengthening our compliance with law and regulations to prevent a recurrence of such an incident. Moreover, all the directors and employees intend to exert every possible effort to restore the public confidence and to make a social contribution more than ever.




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by Takefuji co.