Overview

• Fujitsu's CFO, Takeshi Isobe, has publicly apologized to the wrongfully convicted Post Office workers and their families involved in the Horizon IT scandal.
• Fujitsu has committed to contributing to compensation payments for the wrongfully convicted post office operators, but the amount will be determined once the direction of the public inquiry becomes clear.
• More than 700 Post Office branch managers were convicted between 1999 and 2015 due to failures in the Horizon IT software made by Fujitsu.
• Fujitsu has refrained from bidding for new UK government projects in the aftermath of the scandal, but will continue to work on existing projects.
• The ongoing statutory inquiry into the scandal is being chaired by the retired high court judge Sir Wyn Williams.