RNS Number:5307L
Takefuji Corporation
26 May 2003


For release Immediately

Representative Akira Kiyokawa, President

Contact Investor Relations

Tel 81333658011 Fax 81333658070

Stock Code No 8564 TYOSE

May 24th 2003: Stolen information supplied by Kazuhiro Nakagawa found to have
been falsified.

Takefuji Corporation has carried out an independent investigation into the
activities of Kazuhiro Nakagawa, who was arrested on May 21st 2003 on suspicion
of attempted extortion. Contravening Takefuji's internal regulations on data
confidentiality, Nakagawa stole several categories of information from the
company, and supplied it to the Weekly Playboy magazine, published by Shueisha
Inc.

Our investigation has confirmed that Nakagawa himself admits that he
deliberately altered documents which he had removed from Takefuji. Further, the
Weekly Playboy and Mr.Yu Terazawa, the author of the articles in question, made
use of the information supplied to them by Nakagawa in the full knowledge that
it had been first stolen and then falsified. We can only say that this is
entirely unacceptable behaviour in a member of the mass media, and we will take
resolute action to obtain redress.






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