TOKYO, Aug 7 (Reuters) - U.S. private equity firm KKR &

Co ( KKR ) plans to help Japanese system developer Fuji Soft

go private under a management buyout worth about 600

billion yen ($4.09 billion), the Nikkei business daily reported

on Wednesday.

Fuji Soft is planning the buyout to improve its capital

efficiency amid ongoing conflicts with its major shareholders,

including Singapore-based 3D Investment Partners, the Nikkei

said.

Fuji Soft, in a late Wednesday statement, said a special

committee consisting of its external board directors is

considering value-maximising options, including the

privatisation plan.

The board will meet on Thursday to discuss privatisation and

the company will soon disclose if any decision is made, Fuji

Soft said.

($1 = 146.6200 yen)