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Business alliance6976TAIYO YUDEN CO.,LTD.Electrical Equipment and Precision Instruments

Notice Regarding the Execution of a Basic Agreement for a Business Alliance with TDK Corporation

Taiyo Yuden has entered into a basic agreement with TDK Corporation focused primarily on the joint development of MLCCs, inductors and other products for AI data centers and physical AI. The companies will also discuss cooperation in manufacturing and procurement, as well as the possibility of a capital alliance in the future.

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Agreements reached under this partnership

Business alliance
6976TAIYO YUDEN CO.,LTD.
Alliance partnerTDK Corporation
Details of the alliance
  1. 1

    The alliance will focus primarily on the joint development of cutting-edge electronic components, including MLCCs and inductors.

  2. 2

    The companies will proceed with specific discussions regarding the scope of cooperation, division of roles and other matters under a comprehensive business alliance that includes cooperation in manufacturing and procurement.

  3. 3

    The companies will also consider the possibility of a capital alliance in the future.

  4. 4

    The companies will also consider the formulation of a joint supply assurance plan and the submission of a joint application to the Ministry of Economy, Trade and Industry, among other matters.

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

About the partner
Business DescriptionDevelopment, manufacture and sale of various electronic components, and other businesses
LocationChuo-ku, Tokyo
Share capital¥32,641,976,312
Net Sales¥2,504,820 million (fiscal year ending March 2026)
Operating profit¥272,415 million (fiscal year ending March 2026)
Impact on Business Performance

The business alliance is expected to have a minor impact on the Company's results for the fiscal year ending March 2027, but is expected to contribute to strengthening the earnings base and enhancing the corporate value of the Group over the medium term.

Date of board resolution29 September 2026Contract Date29 September 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partnerTDK Corporation
Alliance partner's business activitiesDevelopment, manufacture and sale of various electronic components, and other businesses
Alliance partner's locationChuo-ku, Tokyo
Alliance partner's capital¥32,641,976,312
Alliance partner's net sales¥2,504,820 million (fiscal year ending March 2026)
Alliance partner's operating income¥272,415 million (fiscal year ending March 2026)
Type of allianceBusiness alliance
Details of the allianceThe alliance will focus primarily on the joint development of cutting-edge electronic components, including MLCCs and inductors., The companies will proceed with specific discussions regarding the scope of cooperation, division of roles and other matters under a comprehensive business alliance that includes cooperation in manufacturing and procurement., The companies will also consider the possibility of a capital alliance in the future., The companies will also consider the formulation of a joint supply assurance plan and the submission of a joint application to the Ministry of Economy, Trade and Industry, among other matters.
Date of board resolution29 September 2026
Contract Date29 September 2026
Impact on Business PerformanceThe business alliance is expected to have a minor impact on the Company's results for the fiscal year ending March 2027, but is expected to contribute to strengthening the earnings base and enhancing the corporate value of the Group over the medium term.
Items this document does not state (12)
Number of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyAlliance start dateShare Acquisition Date and Payment DateChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The companies determined that the alliance would enable them to respond promptly to expanding demand for and market growth in electronic components for AI data centers and physical AI, thereby contributing to the enhancement of their corporate value and the common interests of their shareholders.

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Notice Regarding the Execution of a Basic Agreement for a Business Alliance with TDK Corporation | TAIYO YUDEN CO.,LTD. (6976) timely disclosure | Komori