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TDK to Create Integrated Multilayer Inductor Manufacturing System

Information contained in the news releases are current as of the date of the press announcement, but may be subject to change without prior notice.

October 28, 2011

TDK Corporation (“the Company”) has announced that it has decided to close the Yuzawa Plant of wholly owned multilayer inductor manufacturing subsidiary TDK Ugo Corporation at the end of March 2012 and integrate and consolidate operations in the subsidiary’s Ouchi Plant. The Yuzawa Plant and the Ouchi Plant are located in Yuzawa City and Yurihonjo City, respectively, in Akita Prefecture, Japan. Details are as follows.

  1. Objective
    In order to prevail in the global market place today, TDK must respond to changes in the structure of economies, a tumultuous business environment worldwide and other factors as well as strengthen manufacturing capabilities. To this end, TDK plans to build a more efficient business management system by integrating and restructuring its dispersed multilayer inductor production bases.
  2. Business Site Integration Plan
    Target date: March 31, 2012

    After the integration, TDK Ugo will have three plants: Ouchi Plant, Konoura Plant (in Nikaho City, Akita Prefecture), and Iwaki Plant (in Yurihonjo City, Akita Prefecture).
  3. Personnel
    Plans call for 148 employees of the Yuzawa Plant to be transferred to the Ouchi Plant as a result of this integration.
  4. Overview of TDK Ugo (As of October 2011)
    (1) Company : TDK Ugo Corp.
    (2) Address : 146-1, Aza Haraikawa, Ohuchi-Sankawa, Yurihonjo City, Akita Prefecture (Within Ouchi Plant)
    (3) Representative : Toshikazu Watanabe
    (4) Business : Manufacture of multilayer inductive devices
    (5) Date established : April 1, 2005
    (6) Capital : 106 million yen
    (7) Main business sites : Ouchi Plant, Konoura Plant, Yuzawa Plant and Iwaki Plant

For further information, contact the Corporate Communications Dept.
Tel.: 81-3-6778-1055