TDK Wins Award for Excellence at the NIKKEI Integrated Report Award 2023

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• TDK has received the Award for Excellence at the NIKKEI Integrated Report Award for the second consecutive year, selected as One of the Excellent Integrated Reports and One of the Most-improved Integrated Reports by the GPIF's Domestic Equity Managers

March 5, 2024

TDK Corporation (TSE:6762) announces that "Integrated Report 2023" of TDK has received the Award for Excellence at the NIKKEI Integrated Report Award 2023.

It was also selected as one of the "Excellent Integrated Reports", receiving 1 vote, and one of the "Most-improved Integrated Reports", receiving 2 votes, by asset managers entrusted with domestic equity investment of the Government Pension Investment Fund (GPIF).

In our "Integrated Report 2023", our goal is for the officers and managers from our various divisions related to those respective TDK Group's materiality-including financial strategy, human resource strategy, technology and intellectual property, quality control and Monozukuri (manufacturing excellence), and marketing-to convey in an easily comprehended way in their own words, their individual thoughts, examples of various initiatives, and progress reports.
Starting with a message from Representative Director, President and CEO, Noboru Saito and based on a perspective framed by the questions of "How will TDK grow?" "What underlies its competitiveness?" and "How is governance evolving?" the Integrated Report is positioned as a document focused presenting the value creation stories of the diverse team members (employees) who comprise our "TDK United" so awash in character.

We will continue to place importance on active information disclosure and mutual communication with stakeholders in order to enhance its corporate value.

TDK's Integrated Reports can be viewed on our website.
https://www.tdk.com/en/ir/ir_library/annual/index.html

Nikkei Integrated Report Award

Nikkei, Inc. has organized the NIKKEI Annual Report Award since 1998, with the aim of further enhancing and promoting annual reports published by Japanese companies. In recent years, these reports have evolved and expanded to include non-financial information such as ESG and explanations of corporate values, and these new "integrated reports" are attracting considerable attention. In response to this, the award was renamed to the NIKKEI Integrated Report Award in 2021, the judging criteria were made multi-layered and expanded upon, and the award categories were reorganized and enlarged.

The award in this year received a record number of 475 applications from companies and organizations, and each award was selected after a review by fund managers, consulting firms and academic experts.

More details about the awards can be found at the website below.
https://ps.nikkei.com/nira/index.html

Excellent Integrated Reports and Most-improved Integrated Reports selected by GPIF's asset managers entrusted with domestic equity investment

The GPIF requested external asset managers to each nominate up to 10 companies, and the results of the survey were compiled into two lists, comprised of 70 and 100 companies selected for creating excellent integrated reports and most improved integrated reports, respectively.

GPIF
https://www.gpif.go.jp/en/

About TDK Corporation

TDK Corporation is a world leader in electronic solutions for the smart society based in Tokyo, Japan. Built on a foundation of material sciences mastery, TDK welcomes societal transformation by resolutely remaining at the forefront of technological evolution and deliberately "Attracting Tomorrow." It was established in 1935 to commercialize ferrite, a key material in electronic and magnetic products. TDK's comprehensive, innovation-driven portfolio features passive components such as ceramic, aluminum electrolytic and film capacitors, as well as magnetics, high-frequency, and piezo and protection devices. The product spectrum also includes sensors and sensor systems such as temperature and pressure, magnetic, and MEMS sensors. In addition, TDK provides power supplies and energy devices, magnetic heads and more. These products are marketed under the product brands TDK, EPCOS, InvenSense, Micronas, Tronics and TDK-Lambda. TDK focuses on demanding markets in automotive, industrial and consumer electronics, and information and communication technology. The company has a network of design and manufacturing locations and sales offices in Asia, Europe, and in North and South America. In fiscal 2023, TDK posted total sales of USD 16.1 billion and employed about 103,000 people worldwide.

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