Dec. 20, 2013
TDK Corporation (the “Company”) has announced that it has decided to transfer a portion of its shares of its consolidated subsidiary Amperex Technology Limited to its consolidated subsidiary TDK Hong Kong Co., Ltd.
As a result of this transfer, the Company plans to record an extraordinary profit of approximately \34.0 billion as a gain on sale of shares of a subsidiary in its non-consolidated financial results for the fiscal year ending March 31, 2014.
Since the transfer is a transaction between consolidated subsidiaries, it will have no effect on the consolidated financial results for the fiscal year ending March 31, 2014.
Contact for media
|Mr. Sumio Marukawa||TDK Corporation
|+81 3 firstname.lastname@example.org|