TDK is surging. The Nikkei Online Edition reported that sales to the AI market are expected to exceed the plan this fiscal year, with growth in components for data centers and its core rechargeable-battery business expected to surpass the initial forecast.
TDK is surging. The Nikkei Online Edition reported that sales to the AI market in the fiscal year ending March 2027 are expected to exceed the plan for 25% year-on-year growth.
According to the article, growth in electronic components for data centers and the company's core rechargeable-battery business is expected to exceed the initial assumptions for the fiscal year.
The article said the company may revise its full-year earnings outlook upward when it announces its results, and that CFO Yamanishi Tetsuji (山西哲司) stated that he wants sales to exceed the prior fiscal year's growth rate.