Today, our society is undergoing a dizzying transformation, with the global COVID-19 pandemic and heightened geopolitical risks. In addition, we are seeing rapid advances in technology, including IoT, AI, big data, and 5G, as well as the expanding use of renewable energy and the shift to xEVs.
To respond flexibly to these changes and achieve further growth, since April 2021 TDK has been advancing Value Creation 2023, its Medium-Term Plan. Under this plan, we are working to contribute to two major social trends, Digital Transformation (DX) and Energy Transformation (EX), and to realize 2CX—Customer Experience and Consumer Experience—by providing solutions that satisfy our customers and offering consumer experiences that exceed expectations. Through our unique technologies, we also aim to contribute to solving a range of social issues, from climate change to an aging society, and create value for a sustainable society.
TDK has over 250 locations in more than 30 countries and regions around the world, with approximately 117,000 employees. About 90% of those employees are located outside of Japan. TDK is a fusion of Group companies with unique cultures and technologies. Those Group companies embody a wide range of information, technology, human resources, and other assets. By bringing those assets together in an effective, efficient, and timely manner, I hope to enhance our competitiveness as “TDK United”, an amalgamation of unique companies.
TDK was founded in 1935 to commercialize ferrite, a magnetic material invented at the Tokyo Institute of Technology. The company was built on our founder’s desire to create unprecedented value and be of service to the world. Going forward, we will continue to contribute to the realization of a sustainable society by creating technology of value and providing products, based on our Corporate Motto, “Contribute to culture and industry through creativity.”