TDK begins operating all manufacturing sites in the Niigata

May 28, 2023

March 30, 2023

TDK Corporation (TSE:6762) is pleased to announce that from April 1, 2023 it will switch to electricity derived from 100% renewable energy sources at all manufacturing sites in the Niigata-Tohoku area through its participation in the "Yorisou, renewable energy" service provided by Tohoku Electric Power Co., Ltd. (President & Representative Director: Kojiro Higuchi).This is expected to raise the percentage of electricity from renewable sources used at TDK manufacturing sites nationwide to above 60%.

This initiative is consistent with the respective visions of both companies. Going forward, both companies will continue to cooperate in various ways to solve the issues facing society.

TDK is also pursuing the switch to renewable energy-derived electricity for its sites in other areas, and will complete the switch to 100% of electricity from renewable energy sources at all of its major manufacturing sites in Japan within 2023..

Through operations that avoid impacting the environment in ways that disturb the natural cycle in keeping with the TDK Environmental Vision 2035, TDK will continue working to realize the TDK Group's sustainability vision, "Technology for the well-being of all people."

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 2022, TDK posted total sales of USD 15.6 billion and employed about 117,000 people worldwide.