March 8, 2010 / 1:04 AM / 10 years ago

Fujitsu shares slide on ex-pres resignation dispute

TOKYO, March 8 (Reuters) - Shares of Fujitsu Ltd (6702.T) fell more than 2 percent on Monday after Japan’s largest IT services firm said it had dismissed adviser Kuniaki Nozoe amid a dispute over the circumstances that led to his abrupt resignation as president last year.

The tussle between Nozoe and Fujitsu management threatens to disrupt the firm at a time it is rushing to cut deals and restructure to keep pace with global rivals in the computer services sector, and could invite scrutiny over its disclosure. [ID:nTOE624087]

As of 0100 GMT, Fujitsu shares were down 2.2 percent at 571 yen, the biggest percentage loser in the Nikkei 225 average .N225, which gained 1.5 percent on strong U.S. jobs data. (Reporting by Taiga Uranaka)

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