You can tell by the splash effects that the phone does have a Tegra 3 chip, as these splash effect only work on quad core Tegra 3. The girl next to the phone told us that it’s a 1.2GHz clocked chip and the spec sheet next to the device confirms it.
The phone is water and dust proof, has a 4.6 inch high quality liquid crystal screen, and a 13.1 Megapixel high sensitivity camera (ISO 25600). The specs claim the phone is LTE compatible and due its 1.2GHz clock, it should be quite fast.
Unfortunately the phone is for the Japanese market, and we were not allowed to touch the demo. However, the nice girl that was guarding the phone said that we'll have a chance to play with it in about two months at Barcelona Mobile World congress.
Fujitsu Tegra 3 phone should launch this summer in Japan, but there are no direct plans to launch it in Europe or USA as of yet. At least we know that Tegra 3 phones are real but HTC might be the first to launch at MWC late February 2012.