Notice of Partial Revision to "Future System Consulting Corp. Launches Spin-off Investment Company"

May 30, 2005

Future System Consulting Corp. announces that in a meeting held May 30, 2005 its Board of Directors approved a resolution to make the following revisions to the resolution on the launch of a spin-off investment company which was approved at the meeting of its Board of Directors on April 28, 2005.

1. Summary of Corporate Separation

(1) Directors and Corporate Auditor

Auditor Before revision: Takeshi Senuma (presently an employee of Future System Consulting Corp.)
After revision: Kenji Asai (presently an Managing Director of Future System Consulting Corp.)

2. Overview of Companies Party to the Corporate Separation

Before revision
Name	Future System Consulting Corp. (ceding company)	Future Investment Corp (provisional)
(1) Shareholders' equity	6,620 million yen (as of the end of December 2004)	417 million yen
(2) Total assets	9,192 million yen (as of the end of December 2004)	417 million yen

After revision
Name	Future System Consulting Corp.(ceding company)	Future Investment Corp(provisional)
(1) Shareholders' equity	6,620 million yen (as of the end of December 2004)	412 million yen
(2) Total assets	9,192 million yen (as of the end of December 2004)	412 million yen

3. Description of business operations to be separated

(1) Categories and amounts of assets and liabilities to be transferred (as of December 31, 2004)

Before revision
Assets		Liabilities
Category	Book value	Category	Book value
Investment securities	441 million yen	-	-
Total	441 million yen	Total	-

After revision
Assets		Liabilities
Category	Book value	Category	Book value
Investment securities	441 million yen	-	-
Total	441 million yen	Total	-

> PDF