Treasury Stock

RNS Number:8103T
Takefuji Corporation
05 January 2004


                                                                 January 5, 2004

Takefuji Corporation News Release

For release                        Immediately

Representative                     Akira Kiyokawa, President

Contact                            Investor Relations

                                   Tel: [phone]
            
                                   Fax: [phone]

Stock Code No. 8564 TYOSE

                   Notification of Purchase of Treasury Stock

We would like to announce that Takefuji Corporation (the Company) acquired its
treasury stock in conformity with Article 210 of the Japanese Commercial Code.

Details of Treasury Stock Buyback are as follows:

1. Purchase Period: December 22, 2003 - December 30, 2003

2. Number of shares purchased: 456,000 shares

3. Total purchased value: Yen 2,284,032,300

4. Method of purchase: Purchase on the Tokyo Stock Exchange

5. Reason of purchase: The Company acquired its treasury stock in consideration 
of its agile capital strategy from the viewpoint of its capital efficiency.

(Reference)

1.      A program of buying back shares was approved at the 36th Annual
Stockholder's Meeting on June 27, 2003 as follows:

a.      Type of shares to be acquired: Common stock of Takefuji Corporation

b.      Maximum number of shares to be acquired: 13 million shares

c.       Maximum amount of acquisition: 130 billion yen

2.      Aggregate total of treasury stock purchased after the resolution at the
36th Annual Stockholder's Meeting on June 27, 2003:

a.      Aggregate total number of shares purchased: 1,711,000 shares

b.      Aggregate total purchased value: Yen 10,783,300,400

3.      Aggregate total of treasury stock purchased as of December 31, 2003:

a. Total number of shares issued 147,295,200 shares

b. Total number of shares purchased : 6,261,000 shares







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