Notice regarding Revision of Projections for Consolidated Financial Results, Dividend of Surplus (Interim) and Year-end Dividend Projections

TDK Corporation (“the Company”) hereby announces that it has revised the projected consolidated financial results for the fiscal year ending March 31, 2027, which was previously announced on April 28, 2026, as mentioned below.

Furthermore, the Company has resolved at the meeting of its Board of Directors held on October 30, 2026, to distribute dividends of surplus (interim) with the record date of September 30, 2026, and to revise the year-end dividend projections for the fiscal year ending March 31, 2027. Details of the revisions are as follows.

1. Revision of Projections for Consolidated Financial Results for FY March 2027 (April 1, 2026-March 31, 2027)

	Net sales	Operating income	Profit before taxes	Net income attributable to owners of parent	Basic earnings per share
Previous projections (A)	(Million yen) 2,580,000	(Million yen) 295,000	(Million yen) 300,000	(Million yen) 225,000	(Yen) 118.54
Revised projections (B)	3,050,000	365,000	370,000	280,000	147.50
Change (B-A)	470,000	70,000	70,000	55,000	－
% change	18.2	23.7	23.3	24.4	－
Reference: Results for the previous period (FY March 2026)	2,504,820	272,415	276,810	195,663	103.09

2. Details of Interim Dividend for FY March 2027

	Interim dividend determined for this fiscal year	Most recent dividend Forecast (announced on April 28, 2026)	Interim dividend paid for the previous fiscal year
Record date	September 30, 2026	September 30, 2026	September 30, 2025
Dividend per share	25.00 yen	20.00 yen	16.00 yen
The total amount of Dividend	47,458 million yen	－	30,367 million yen
Effective date	December 2, 2026	－	December 2, 2025
Source of dividend	Retained earnings	－	Retained earnings

3. Revision of Year-End Dividend Projections for FY March 2027

	Dividend per share
	Interim	Year-end	Total
Previous projections (Announced on April 28, 2026)	20.00 yen	20.00 yen	40.00 yen
Revised projections	－	25.00 yen	50.00 yen
Results for FY March 2027	25.00 yen	－	－
Results for FY March 2026	16.00 yen	20.00 yen	36.00 yen

4. Reasons for Revision of Projections for Consolidated Financial Results, Dividend of Surplus (Interim) and Year-end Dividend Projections

Looking at the electronics market during the first half of FY March 2027, while demand for ICT-related products such as smartphones was sluggish, demand for products for AI data centers remained robust, significantly surpassing the level of the same period of the previous fiscal year. In the ICT market, sales of rechargeable batteries and sensors expanded due primarily to the launch of new models. In addition, sales of nearline HDD Heads and Suspension Assemblies increased significantly as sales of Passive Components increased, supported by strong demand related to data centers. Under such circumstances, the Company’s performance for the first half of FY March 2027 exceeded the projections announced on April 28, 2026.

As a result of the review of full-year projections in light of the above conditions, the Company has revised its consolidated projections for FY March 2027 from the projections announced on April 28,2026 as mentioned in “1. Revision of Projections for Consolidated Financial Results for FY March 2027” above. Furthermore, in light of the current situation, with regard to the interim dividend, the Company determined a further increase of 5 yen per share from the previous projections to 25 yen per share. With regard to the year-end dividend projections, the Company is planning a further increase of 5 yen per share from the previous projections to 25 yen per share.

(Note)
The above projections are based on information currently available to the Company. Due to various factors, actual results may differ from such projections.