Greetings

Today, we are seeing ongoing rapid advances in technologies such as AI, machine learning, big data, Beyond 5G/6G, and metaverse, as well as the expanding use of renewable energy, and the shift to xEVs. In addition, the necessity for efforts to address the Sustainable Development Goals (SDGs), which aim to realize a sustainable society, is also accelerating.

To respond flexibly to these changes in society and achieve even greater growth, in May 2024 TDK developed the Long-term Vision “TDK Transformation,” a Long-term Vision for the company 10 years hence, and is now advancing its new three-year Medium-term Plan. Under TDK Transformation, TDK aims to accelerate the evolution of technology and the transformation of society through electronic devices combining TDK’s unique materials, processes, and software, contributing to the realization of a sustainable future. Further, by continuing to transform itself, TDK aims to grow alongside its global customers cultivating as their No.1 partner. Progressing its new Medium-term Plan, TDK will commit to managing with a focus on cash flow, strengthening its business portfolio management, and bolstering its pre-financial capital.

To achieve its Long-term Vision, TDK places the greatest emphasis on its efforts to improve quality. TDK is committed to evoking “Quality First” throughout the company, and is working to improve quality not only in its products, but in operations, the health of team members (employees), the workplace environment, and every other aspect of its business.

TDK is a truly global company, with over 250 locations in more than 30 countries and regions around the world, with more than 100,000 team members, and more than 90% of sales from outside Japan. TDK's biggest strength and driving force is “TDK United,” a highly individualistic fusion that creates value through teamwork among team members around the world.

TDK was founded in 1935 to commercialize ferrite, a magnetic material invented at the Tokyo Institute of Technology. The company was built on the desire of its founder to create unprecedented value and be of use to the world. In 2025, TDK will mark 90 years since its establishment. Going forward, based on its Corporate Motto, “Contribute to culture and industry through creativity,” TDK will continue to accelerate the evolution of technology and the transformation of society, contributing to the realization of a sustainable future.