Notice of Micro Actuator Solution Business Transfer
April 28, 2025
TDK Corporation (President: Noboru Saito, hereinafter referred to as "TDK") announced today that it has entered into a Framework Agreement with Q Technology Investment Inc. (Headquarters: CCS Trustees Limited, Mandar House, 3rd Floor, Johnson's Ghut, Tortola, British Virgin Islands, Chairman: He Ningning, hereinafter referred to as "QT Investment") to transfer its Micro Actuator Solution business to QT Investment.
1. Background and Strategic Rationale for the Transfer
Guided by our corporate mission to “Contribute to culture and industry through creativity,” and driven by our core values of “Vision, Courage, and Trust,” TDK has set forth its long-term strategic vision, "TDK Transformation," which outlines goals for the next decade. As the first step in this journey, we have launched a new three-year medium-term management plan starting from the fiscal year ending March 2025. This plan is built upon three key pillars: strengthening cash flow management, enhancing business portfolio optimization, and advancing innovation through the evolution of our "ferrite trees" initiative. As part of this strategic realignment, we have conducted a thorough review of our Micro Actuator Solution business, in which we develop, design, manufacture, and sell Camera Module Actuators (hereinafter referred to as CMAs) used in various applications such as smartphones.
While we are proud to have led the development and innovation of CMAs over the years—delivering advanced solutions that have been widely adopted across multiple market products—the competitive landscape has significantly evolved. After careful consideration of the situation this business and the industries related, we have determined that the CMAs business will be better positioned for future success under a new ownership structure.
QT Investment is actively expanding its businesses in the global markets, is the ideal partner to take this business forward. We are confident that QT Investment will build upon the foundation we have established and elevate the business to new heights.
This strategic transfer reflects our commitment to continuously strengthening our business foundation and focusing our resources on areas where we can achieve long-term value creation.
2. Outline of the Business Transfers
Description of Business to be Transferred:
Business related to research and development, manufacturing, and sales of CMA.
3. Outline of the company to which the business will be transferred
Company Name | Q Technology Investment Inc. |
Address | CCS Trustees Limited, Mandar House, 3rd Floor, Johnson's Ghut, Tortola, British Virgin Islands |
Title and name of the representative | Mr He Ningning(Chairman) |
Description of Business | Investment and holding company, who has made lots of investment in intelligent vision system product |
Date of Establishment | April 2014 |
Business Relations | There is no business relationship |
4. Schedule
Date of conclusion of Framework Agreement | April 28, 2025 |
Date of completion of business transfer agreement | March 2026 (planned) |
5. Outlook for the future
The impact of the transfer of this business on the Company's consolidated financial results for the fiscal year ending March 2026 will be minor.
Contacts for media
Contact | Phone | ||
---|---|---|---|
Mr. Yoichi OSUGA | TDK Corporation Tokyo, Japan |
+813 6778-1055 | TDK.PR@tdk.com |