Slides
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First Half Performance Briefing Fiscal Year March 2027 TDK Corporation IR&SR Group, Corporate Strategy HQ October 30, 2026
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Agenda 1. H1, FY March 2027 Results Highlights 2. FY March 2027 Projections 3. Progress on Medium-term Plan Appendix
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Copyright © TDK Corporation, 2026. 3 Key points for Today The first half of FY March 2027 resulted in record high net sales and all kinds of profits. Despite lower-than-expected ICT device production in the second half, sales for the AI ecosystem, particularly for AI data centers, remain strong and ahead of initial expectations. With our current Medium-term Plan targets largely on track, we will accelerate investment in products and technologies for AI data centers and Physical AI to capture growth under the next Medium-term Plan. We will transition to a Company with Three Committees to accelerate “TDK Transformation” and enhance our corporate value. Guided by “Control the Controllable,” we will strengthen dialogue with investors and analysts. We plan to present our next Medium-term Plan in May 2027.
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Copyright © TDK Corporation, 2026. 4 H1, FY March 2027 Results Highlights1 Tetsuji Yamanishi, Senior Executive Vice President & CFO
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Copyright © TDK Corporation, 2026. 5 H1, FY March 2027 Key Points Net sales and operating profit significantly increased year on year driven by strong demand related to AI data centers, despite a decrease in production volumes of ICT-related products. Net sales and operating profit reached new record highs for the first half of the fiscal year. • Sales of small capacity batteries and sensors to the ICT market increased significantly, despite lower production volumes in the ICT market. • Sales of HDD heads and HDD suspension assemblies increased due to robust HDD demand for AI data centers. • Sales of passive components and sensors to the automotive market increased. • Sales of medium capacity batteries, passive components, power supplies, and sensors to the industrial equipment market increased. ¥1,560.6 bn ¥208.2 bn Net Sales YoY +31.9 ％ YoY +41.0 ％ Operating Profit
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Copyright © TDK Corporation, 2026. 6 H1, FY March 2027 Results Net sales and operating profit increased year on year. TDK set record highs in net sales and all profit items. (¥bn) FY3/26 FY3/27 Change H1 H1 ¥bn % Net sales 1,183.4 1,560.6 +377.2 +31.9% Operating profit 147.6 208.2 +60.5 +41.0% Operating profit margin 12.5% 13.3% +0.8pts - Profit before tax 147.5 213.1 +65.6 +44.5% Net profit attributable to owners of parent 111.4 176.4 +65.0 +58.4% Earnings per share (¥) 58.70 92.94 - - USD/JPY 146.08 159.41 9.1% JPY depreciation EUR/JPY 168.07 184.38 9.7% JPY depreciation Net sales Increased by approx. ¥19.9 bn Increased by approx. ¥134.4 bn OP ¥2.0 bn ¥13.0 bn ¥0.3 bn ¥2.0 bn Net sales OP Net sales OP ▍Exchange Rate Impact on Net Sales and Operating Profit (OP) ▍Forex Sensitivity (Impact by One JPY Change) USD EUR
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Copyright © TDK Corporation, 2026. 7 Passive Components Segment Sales increased across all three priority markets. In particular, sales for AI data centers significantly increased, contributing to higher profits. 6.4 8.4 15.6 11.4 17.4 22.2 4.6% Q1 5.7% Q2 10.3% Q3 Q4 9.8% Q1 12.3% Q2 Q3 Q4 7.4% Ceramic capacitors • Sales and profit increased year on year. • Sales increased for AI data centers and the automotive market. Aluminum electrolytic capacitors and Film capacitors • Sales and profit increased year on year. • Sales increased for AI data centers. Inductive devices • Sales and profit increased year on year. • Sales increased to the automotive and ICT markets. High-frequency components • Sales decreased year on year while profitability improved. • Sales decreased to the ICT market. • Sales and profit increased year on year. • Sales increased to the industrial equipment and automotive markets. ▍Net Sales ▍Operating Profit, OP Margin (¥bn) (¥bn) 138.1 147.5 152.5 155.0 176.8 181.2 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY3/26 FY3/27 FY3/26 FY3/27 +25.3% 285.7 358.0 +167.9% 14.8 39.6 H1 results H1 results 5.2% 11.1% Piezoelectric material products and circuit protection components
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Copyright © TDK Corporation, 2026. 8 Sensor Application Products Segment Sales and profit in the sensor business as a whole increased considerably due to an increase in sales volume to the ICT and industrial equipment markets. 9.4 7.2 1.5 7.8 10.4 Q1 15.3% Q2 12.0% Q3 Q4 12.7% Q1 15.8% Q2 Q3 Q4 5.8% 2.6%2.7 46.4 61.5 59.8 56.9 61.9 65.8 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY3/26 FY3/27 FY3/26 FY3/27 Temperature and pressure sensors • Sales and profit increased year on year. • Sales increased to the industrial equipment and automotive markets. Magnetic sensors • Sales and profit increased year on year. • Sales increased to the ICT and industrial equipment markets. MEMS sensors • Sales and profit increased year on year. • Sales of motion sensors to the ICT and industrial equipment markets increased. +18.3% 107.9 127.7 +51.1% 12.1 18.3 11.2% 14.3% ▍Net Sales ▍Operating Profit, OP Margin (¥bn) (¥bn) H1 results H1 results
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Copyright © TDK Corporation, 2026. 9 Magnetic Application Products Segment Sales of HDD heads and HDD suspension assemblies increased due to continuous robust demand in the HDD market, resulting in a significant improvement in profitability. 6.3 5.6 7.5 7.5 9.6 23.6 11.5% Q1 9.2% Q2 10.6% Q3 Q4 11.7% Q1 24.7% Q2 Q3 Q4 9.9% 54.6 61.2 71.1 76.1 81.6 95.3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY3/26 FY3/27 FY3/26 FY3/27 HDD heads and HDD suspension assemblies • Sales and profit increased year on year. • Sales increased for AI data centers significantly. Magnets • Sales increased and profitability improved year on year. +52.8% 115.8 176.9 +178.1% 11.9 33.1 10.3% 18.7% ▍Net Sales ▍Operating Profit, OP Margin (¥bn) (¥bn) H1 results H1 results
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Copyright © TDK Corporation, 2026. 10 Energy Application Products Segment Sales of small capacity batteries increased due to the effect of new product sales, despite a decrease in sales volume due to lower production of ICT-related products. 55.4 82.3 67.4 41.6 69.4 80.7 19.4% Q1 22.7% Q2 17.9% Q3 12.1% Q4 17.1% Q1 17.5% Q2 Q3 Q4 285.5 362.6 377.1 345.1 405.8 461.9 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY3/26 FY3/27 FY3/26 FY3/27 Energy devices (Rechargeable batteries) • Sales and profit increased year on year. • Sales and profit of small capacity batteries increased due to the effect of new product sales, despite a decrease in sales volume. • Sales of medium capacity batteries increased to the industrial equipment market. Power supplies • Sales and profit of power supplies for industrial equipment increased year on year. +33.9% 648.1 867.7 +9.1% 137.7 150.1 21.2% 17.3% ▍Net Sales ▍Operating Profit, OP Margin (¥bn) (¥bn) H1 results H1 results
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Copyright © TDK Corporation, 2026. 11 Q2, FY March 2027 Results (¥bn) FY3/26 FY3/27 Change Q2 Q2 ¥bn % Net sales 647.6 819.6 +172.0 +26.6% Operating Profit 91.2 121.8 +30.6 +33.6% Operating Profit margin 14.1% 14.9% +0.8pt - Profit before tax 89.8 118.6 +28.7 +32.0% Net profit attributable to owners of parent 69.9 95.8 +25.9 +37.0% Earnings per share (¥) 36.86 50.49 - - USD/JPY 147.54 159.39 8.0% JPY depreciation EUR/JPY 172.31 183.45 6.5% JPY depreciation Net sales Increased by approx. ¥8.6 bn Increased by approx. ¥61.9 bn OP ▍Exchange Rate Impact on Net Sales and Operating Profit (OP) Net sales and operating profit increased year on year. TDK set record highs in net sales and all profit items on quarter basis.
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Copyright © TDK Corporation, 2026. 12 Quarterly Results by Segment FY3/26 FY3/27 FY3/27 YoY [C] – [A] QoQ [C] – [B] (¥bn) Q2 [A] Q1 [B] Q2 [C] ¥bn % ¥bn % Net sales Capacitors 62.1 80.8 80.5 +18.5 +29.8% (0.2) (0.3)% Inductive Devices 55.0 62.0 64.9 +9.8 +17.9% +2.9 +4.6% Other Passive Components 30.4 34.1 35.8 +5.4 +17.7% +1.7 +5.1% Passive Components 147.5 176.8 181.2 +33.7 +22.8% +4.4 +2.5% Sensor Application Products 61.5 61.9 65.8 +4.3 +7.1% +4.0 +6.4% Magnetic Application Products 61.2 81.6 95.3 +34.1 +55.7% +13.7 +16.7% Energy Application Products 362.6 405.8 461.9 +99.2 +27.4% +56.1 +13.8% Other 14.8 14.9 15.4 +0.6 +4.2% +0.5 +3.1% Total 647.6 741.0 819.6 +172.0 +26.6% +78.6 +10.6% Operating profit Passive Components 8.4 17.4 22.2 +13.8 +164.7% +4.9 +28.0% Sensor Application Products 9.4 7.8 10.4 +1.0 +10.8% +2.6 +32.6% Magnetic Application Products 5.6 9.6 23.6 +17.9 +319.7% +14.0 +146.7% Energy Application Products 82.3 69.4 80.7 (1.5) (1.9)% +11.4 +16.4% Other (1.5) (1.8) 1.1 +2.6 - +2.9 - Subtotal 104.2 102.3 138.1 +33.9 +32.5% +35.7 +34.9% Adjustment (13.0) (16.0) (16.2) (3.2) - (0.2) - Total 91.2 86.3 121.8 +30.6 +33.6% +35.5 +41.2% Operating profit margin 14.1% 11.6% 14.9% +0.8pts - +3.3pts - USD/JPY 147.54 159.43 159.39 EUR/JPY 172.31 185.32 183.45
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Copyright © TDK Corporation, 2026. 13 Analysis of Change in Operating Profit – H1 +50.7 +10.9 +1.7 +3.7 +19.9 (24.3)(2.1) (¥bn) Operating Profit +¥60.5 bn H1, FY3/27 ¥208.2 bn H1, FY3/26 ¥147.6 bn Rationalization, cost reduction Benefits from restructuring SG&A expenses increase Exchange rate fluctuation USD/JPY: 146.08 → 159.41 Changes in sales (incl. deterioration in operating rate and changes in product mix) Selling price fluctuation One-time gains and one-time expenses in the previous year decrease
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Copyright © TDK Corporation, 2026. 14 Cash Flows – H1 189.4 78.6 (128.3) (101.6) (23.0) -100 0 100 200 61.1 H1, FY3/26 H1, FY3/27 (¥bn) (¥bn) FY3/26 FY3/27 Change H1 H1 Cash flows from operating activities 189.4 78.6 (110.8) Cash flows from investing activities (128.3) (101.6) +26.7 Free cash flow 61.1 (23.0) (84.1) Cash flows from financing activities 28.2 32.6 +4.4 Effects of exchange rate changes on cash and cash equivalents 8.4 (1.3) (9.7) Cash and cash equivalents 795.0 851.0 +56.0 ▍Cash flows from operating activities, investing activities, free cash flows Operating activities Investing activities Free cash flow
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Copyright © TDK Corporation, 2026. 15 FY March 2027 Projections2 Tetsuji Yamanishi, Senior Executive Vice President & CFO
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Copyright © TDK Corporation, 2026. 16 Assumptions for Performance Forecast – Key Market Predictions While smartphone production volume is expected to decline considerably, production volumes of nearline HDDs and AI servers are expected to grow. FY3/26 Actual [A] FY3/27 Forecast (Production volume: Unit mn) As of April 2026 As of October 2026 Volume [B] YoY [A]vs[B] Volume [C] YoY [A]vs[C] Automobile* 92.4 91.6 (1)% 90.8 (2)% xEV 31.4 35.6 +13% 35.0 +11% HEV 8.4 9.6 +14% 9.8 +17% PHEV 7.5 8.7 +16% 7.7 +3% BEV 15.5 17.2 +11% 17.5 +13% Smartphone 1,240 1,112 (10)% 1,058 (15)% 5G Smartphone 817 844 +3% 827 +1% HDD 127 125 (2)% 132 +4% Nearline 71 76 +7% 79 +11% AI Server 2.2 2.6 +18% 2.8 +27% Notebook PC 205 181 (12)% 185 (10)% Tablet 152 140 (8)% 138 (9)% *:The number of Automobile includes commercial vehicles.
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Copyright © TDK Corporation, 2026. 17 Projections by Segment for Q3 of FY March 2027 Q2 of FY3/27 Actual Q3 of FY3/27 Projections (QoQ) FactorAssumed exchange rates: H2 basis Assumed exchange rates: Q2 basis Passive Components 181.2 +1 ~ +4% +3 ~ +6% • Some products to the automotive market and AI data centers are expected to increase. Sensor Application Products 65.8 (10) ~ (7)% (7) ~ (4)% • Sales of magnetic sensors to the ICT market are expected to decrease. Magnetic Application Products 95.3 (3) ~ ±0% ±0 ~ +3% • Sales of HDD heads are expected to increase. Energy Application Products 461.9 (7) ~ (4)% (5) ~ (2)% • Sales of small capacity batteries to the ICT market are expected to decrease. Other 15.4 - - Total 819.6 (5) ~ (2)% (2) ~ +1% USD/JPY 159.39 155.00 159.00 EUR/JPY 183.45 180.00 183.00
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Copyright © TDK Corporation, 2026. 18 FY March 2027 Projections FY March 2027 performance and dividend projections have been revised upward reflecting brisk results in the ICT market. (¥bn) FY3/26 Actual FY3/27 Projections Change As of April 2026 As of October 2026 ¥bn % Net sales 2,504.8 2,580.0 3,050.0 +545.2 +21.8% Operating profit 272.4 295.0 365.0 +92.6 +34.0% Operating profit margin 10.9% 11.4% 12.0% +1.1pts - Profit before tax 276.8 300.0 370.0 +93.2 +33.7% Net profit attributable to owners of parent 195.7 225.0 280.0 +84.3 +43.1% ROIC 7.5% 8.0% 9.7% +2.2pts - Free cash flow 129.9 60.0 (50.0) (179.9) - Earnings per share (¥) 103.09 118.54 147.50 - - Annual dividends (¥) 36.00 40.00 50.00 - - USD/JPY 150.76 150.00 157.00 - - EUR/JPY 174.76 175.00 182.00 - -
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Copyright © TDK Corporation, 2026. 19 Progress on Medium-term Plan3 Noboru Saito, President & CEO
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Copyright © TDK Corporation, 2026. 20 Toward Realizing Our Mid- to Long-term Target State We will further advance our business portfolio management by pursuing both organic and inorganic growth. Growing Challenging Profit base Profit enhancement Strategic restructuring （ ） R O IC Next generation 02 Actions for businesses to be intensively monitored Mid/long-term target state Evaluate business retention based on both a 10% minimum hurdle rate and business potential Pursue growth with raising profitability of growth drivers Strengthen growth investments in the AI ecosystem and related areas Drivers Key measures ROE 15% or more ROIC 12% or more OPM 15% or more Organic growth & profitability enhancement for growth-driving businesses 01 Actions for “Businesses to be intensively monitored”02 Inorganic growth03 CAPEX R&D Invest. R&D Invest. CVC Invest. M&A Restruct. M&A New business launch CVC Invest. 01 Organic growth & profitability enhancement for growth-driving businesses 03 Inorganic growth Sales CAGR 10% or more BizROA(ROIC) HighLow Business potential HighLow Minimum hurdle rate over 10% Profitability Low profitability
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Copyright © TDK Corporation, 2026. 21 Improving Profitability of “Businesses to Be Intensively Monitored” Implementation discussion ▍Progress of Proactive Business Portfolio Management At the Executive Committee and the BoD meetings, discuss response policy and timeframe for turnaround businesses based on 10% minimum hurdle rate and business potential Discuss direction of business, turnaround and strategic actions Discussion item Improve BizROA (ROIC) No signs of improvement of BizROA (ROIC) Transfer businesses to the best owner, etc. as of Apr. 28 To Profit Base No. of units 7→9 No. of units 27→29 As of May2024 → As of Nov2025 Implement measures for early turnaround No. of units 1→2 Suspension application products for smartphones Magnet application products (magnet rolls) PV, SESUB, EDLC No. of units 19→9→5→3 HDD suspensions Camera module micro actuators EV Power supplies, etc. Thin-film devices Undergoing improvement No. of units 0→9→13→15 02 Actions for businesses to be intensively monitored All 29 CBUs selected for businesses to be intensively monitored; 2 CBUs moved to Profit Base; 15 are being improved. 9 CBUs were divested/transferred; and 3 are under discussion for implementation. Red text: Changes as of Oct2026
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Copyright © TDK Corporation, 2026. 22 TDK Constantly Contributes to the Entire AI Ecosystem 01 Organic growth & profitability improvement for growth- driving businesses Detecting motion Denoising and supporting accurate communication Measuring angles Sensing current Storing and stabilizing electricity Solving challenges with a combination of sensors and software AI data centers Self-driving systems Industrial machinery, SME* AI smartphones Backup power supplies AI servers & storages Humanoid robots Supporting manufacturing Converting electricity Storing electricity Drones Passive Components Sensor Application Products Magnetic Application Products Energy Application Products New products Image projection, transmitting light Accurately recognizing voice Storing electricity Storing electricity Storing large amounts of AI data Regulating current Storing and stabilizing electricity Photoelectric conversion, receiving light Making data recording more efficient Smart glasses *: Semiconductor manufacturing equipment
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Copyright © TDK Corporation, 2026. 23 01 Organic growth & profitability improvement for growth- driving businesses Sales for AI Ecosystem Growing Faster than Initially Expected FY3/26 FY3/27 Forecast FY3/31 Target High power Low power FY3/26 FY3/27 Forecast FY3/31 Target ▍Sales for AI Ecosystem (FY3/26 Actual・FY3/31Target） CAGR approx. 25-30% Latest forecast Over 1.7x YoY Initial forecast 1.25x YoY *Figures announced in April 2025 Targeting approx. 10x growth Current Business Energy Application Products Sensors + New Biz Semiconductor Manufacturing Equipment Initial forecast 2x YoY Latest forecast Over 3x YoY *Figures announced in April 2026 Sales Forecast of Passive Components for AI Data Center-related Applications Sales for AI ecosystem is forecast to grow by more than 1.7 times year on year, with passive components expected to grow by more than 3 times.
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Copyright © TDK Corporation, 2026. 24 0 50 100 150 200 FY3/26 FY3/27 FY3/28 FY3/29 MLCCs 0 200 400 600 800 FY3/26 FY3/27 FY3/28 FY3/29 Aluminum electrolytic capacitors for AI data centers 0 50 100 150 200 250 FY3/26 FY3/27 FY3/28 FY3/29 Thin-film inductors Capacity Expansion Plans for Passive Components Index: Base-year production capacity = 100 Index* Index* Index* 01 Organic growth & profitability improvement for growth- driving businesses
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Copyright © TDK Corporation, 2026. 25 Major Investment in Thin-Film Inductors Future applications: Vertical power delivery and substrate-embedded inductors Smooths current and voltage Circuit miniaturization Reduces power loss and heat Functions Current Voltage Regulators Integrated Voltage Regulators (IVRs) Long high current path Optimized high current path Big Loss Low Loss 1000A 1000A Power Solution AI Silicon AI Silicon AI Chip AI Chip Platform PCB Platform PCB Power Solution VR PUI Investing approximately ¥40 billion to expand production capacity of thin-film inductors for vertical power delivery and substrate-embedded applications, in response to rapidly growing demand. HDD Head-Derived TDK Proprietary Technology Pros TDK-developed magnetic metal materials enable high-performance High reliability and low resistance High-aspect-ratio plated conductor technology High current and low loss are key requirements HBM SoC HBM Platform PCB Ind. Thin-film Inductors Interposer/ Accelerator Substrate A B C D Cap. Ind. Cap.Ind. Cap.XXXXXXXXXXXXXX Compact, low-profile, and flexible wiring Thin-profile required Thin-profile required 01 Organic growth & profitability improvement for growth- driving businesses
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Copyright © TDK Corporation, 2026. 26 0 50 100 150 200 FY26/3 FY31/3 Index※ Strategic Investment in Magnetic Sensors for Physical AI ▍Rationale for the Investment Physical AI Robotics Sensors Smart glasses Edge AI Measuring angles Sensing current Supports autofocus and image stabilization Expand production capacity for high-precision, fast-response magnetic sensors for Physical AI. Strengthen the supply chain through dual-site production in Nagano and Niigata, Japan. Invest approximately ¥100 billion in the Shinano River Techno Factory in Niigata. ▍TMR Sensor Production Expansion Plan Approximately double TMR sensor production by FY March 2031 vs. FY March 2026. Expand the use of current and angle sensors across a range of applications. AI servers & storage approx. 2x 01 Organic growth & profitability improvement for growth- driving businesses
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Copyright © TDK Corporation, 2026. 27 Long-term Technology Strategy: Building Capabilities for Future Growth R&D expenses Shareholder returns Strategic investment CAPEX CVC investment OCF R&D investment Value creation chain of TDK CVCBusiness Division Sales & Marketing R&D Incubation Customers Concept OutMarket In Strengthening both profitability and R&D investments for a sustainable growth. 03 Inorganic growth TDK Ventures (CVC) connects future technologies and customer needs with TDK’s growth plans. TDK Ventures At a Glance TDK Ventures’ contribution Portfolio track record (since 2019) Early insight Active engagement Growth options 58 startups globally (8 unicorns) 8 liquidity events (incl. Groq, XCOM, Nubis, C2i) Fabric8Labs Supporting TDK’s expansion in datacenter cooling and electronic components 2021 Initial investment 2026 Acquisition agreement Technical collaboration
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Copyright © TDK Corporation, 2026. 28 Transition to a Company with Three Committees Propose amendments to the Articles of Incorporation at the Annual General Meeting of Shareholders in June 2027 TDK will transition from a Company with an Audit and Supervisory Board to a Company with Three Committees. Separate oversight and execution, and evolve the Board into a more effective Monitoring Board to accelerate “TDK Transformation” and enhance its corporate value. ⚫ Transform the Board into a forum for dialogue on medium- and long-term management. ⚫ Strengthen oversight through the three statutory committees: Nominating, Audit, and Compensation. ⚫ Enable autonomous, swift decision-making through substantial delegation of authority. ⚫ Build a robust CEO-led management team, with CxOs accountable for their respective areas. Strengthening Corporate Governance - Evolving into a more effective monitoring board Strengthening the Executive Management Structure - Building a management structure to accelerate the realization of the Long-term Vision
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Copyright © TDK Corporation, 2026. 29 Appendix
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Copyright © TDK Corporation, 2026. 30 5,078 5,788 5,656 5,596 5,932 15.1 16.3 9.5 6.1 7.1 16.4 17.0 7.7 3.3 4.8 0 5 10 15 20 25 30 35 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 2022/3 2023/3 2024/3 2025/3 2026/3 2027/3 1,308 1,695 1,805 1,895 2,246 0 1,000 2,000 2022/3 2023/3 2024/3 2025/3 2027/3 Passive Components Sensor Application Products Magnetic Application Products Energy Application Products Net sales OP margin BizROA (ROIC) trends Priority products and estimated market share Products Capacitors Multilayer ceramic chip capacitors, Aluminum electrolytic capacitors, Film capacitors, etc. Inductive devices Inductive devices, SMD power supply inductors, Signal EMC filters, Transformers, Ferrite cores, etc. Other passive components High-frequency components (high-frequency filters, etc.), Piezoelectric material products and circuit protection components (varistors, PTC thermistors, arresters, etc.) Senosors Temperature sensors, pressure sensors, Magnetic sensors (Hall sensors and TMR sensors) MEMS sensors (MEMS motion sensors and MEMS microphones HDD-related devices HDD heads, HDD suspension applications, etc Magnets Ferrite magnets for small motors, Neodymium magnets for xEV drive motors, Neodymium magnets for industrial equipment motors, etc Energy devices Small capacity batteries (for smartphones, tablet devices, notebook computers, wearable devices, game consoles, etc.), Medium capacity batteries (for residential energy storage systems, commercial energy storage systems, electric motorcycles, drones, power tools, etc.) Power supplies Programmable power supplies (DC, AC), Switching power supplies (AC-DC, DC-DC), bidirectional DC- DC converters, Automotive DC-DC converters, etc TDK’s Current Businesses (FY March 2026) Ceramic capacitors for automobiles Film capacitors Inductors EMC filters Varistors PTC Thermistors 35-40% 15-20% 45-50% 55-60% 50-55% Share No.2 Share No.2 Share No.1 Share No.1 Share No.1 Temperature sensors Magnetic sensors MEMS Motion sensors 30-35% 20-25% 15-20% Share No.2 Share No.3 Share No.3 HDD heads HDD suspension assemblies 15-20% 40-45% Share No.3 Share No.2 Small capacity batteries Power supplies for industrial use 50-60% 10-15% Share No.1 Share No.1 2,484 2,006 1,842 2,236 2,629 0 1,000 2,000 3,000 4,000 2022/3 2023/3 2024/3 2025/3 2027/32026/3 9,653 11,734 11,217 11,765 13,703 12.8 12.6 17.4 19.9 18.015.1 15.6 21.5 27.3 25.7 0 5 10 15 20 25 30 35 40 45 50 55 60 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000 2022/3 2023/3 2024/3 2025/3 2026/3 2027/32026/3 1.8 -28.1 -19.3 1.5 10.33.3 -22.0 -12.2 1.0 8.4 -30 -10 10 30 50 70 90 110 130 150 CAGR 2-5% CAGR 8-11% -0.2 6.3 3.3 2.6 9.2 -1.2 3.5 1.2 0.2 4.7 8.0 -5 0 5 10 15 20 25 30 35 CAGR 8-11% CAGR 5-8% Net sales(¥ 0.1billion) OP Margin(%) Biz ROA(ROIC)(%) Net sales(¥ 0.1billion) OP Margin(%) Biz ROA(ROIC)(%) Net sales(¥ 0.1billion) OP Margin(%) Biz ROA(ROIC)(%) Net sales(¥ 0.1billion) OP Margin(%) Biz ROA(ROIC)(%) Initial target 15.0% Target revised downward Initial target 4.0% Target revised upward Initial target 18.0% Target revised upward
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Copyright © TDK Corporation, 2026. 31 Sales for AI Ecosystem Growing Faster than Initially Expected FY3/26 FY3/27 Forecast FY3/31 Target ▍Sales for AI Ecosystem (FY3/26 Actual・FY3/31Target） CAGR approx. 25-30% Latest forecast Over 1.7x YoY Initial forecast 1.25x YoY *Figures announced in April 2025 Current Business Energy Application Products Sensors + New Biz Semiconductor Manufacturing Equipment Products Progress Current business Passive Components ⚫ Increase in supply capacity for aluminum electrolytic capacitors ⚫ Capacity expansion for thin-film and wire-wound inductors ⚫ Broaden product lineup for optical transceiver modules HDD heads and suspensions ⚫ Continue expansion of suspension production capacity ⚫ Prepare for mass production of HAMR Medium capacity batteries ⚫ Broaden product lineup for AI data centers Semiconductor manufacturing equipment ⚫ Launch industry-first mass production of nanocomposite material Sensors + New Biz ⚫ Collaboration of EdgeRX platform with AWS ⚫ Established ARPBD to strengthen sales synergies
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Copyright © TDK Corporation, 2026. 32 Quarterly Sales and Operating Profit by Segment (FY3/26 – FY3/27) FY3/26 FY3/27 (¥bn) Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total Net sales Capacitors 59.8 62.1 66.3 69.3 257.5 80.8 80.5 Inductive Devices 49.1 55.0 55.8 56.3 216.2 62.0 64.9 Other Passive Components 29.3 30.4 30.4 29.4 119.5 34.1 35.8 Passive Components 138.1 147.5 152.5 155.0 593.2 176.8 181.2 Sensor Application Products 46.4 61.5 59.8 56.9 224.6 61.9 65.8 Magnetic Application Products 54.6 61.2 71.1 76.1 262.9 81.6 95.3 Energy Application Products 285.5 362.6 377.1 345.1 1370.3 405.8 461.9 Other 11.1 14.8 14.7 13.2 53.8 14.9 15.4 Total 535.8 647.6 675.2 646.3 2,504.8 741.0 819.6 Operating Profit Passive Components 6.4 8.4 15.6 11.4 41.8 17.4 22.2 Sensor Application Products 2.7 9.4 7.2 1.5 20.7 7.8 10.4 Magnetic Application Products 6.3 5.6 7.5 7.5 27.0 9.6 23.6 Energy Application Products 55.4 82.3 67.4 41.6 246.7 69.4 80.7 Other (2.5) (1.5) (1.5) (4.7) (10.2) (1.8) 1.1 Subtotal 68.3 104.2 96.2 57.3 326.0 102.3 138.1 Adjustment (11.8) (13.0) (13.1) (15.6) (53.6) (16.0) (16.2) Total 56.4 91.2 83.1 41.7 272.4 86.3 121.8 Operating Profit margin 10.5% 14.1% 12.3% 6.4% 10.9% 11.6% 14.9% USD/JPY 144.59 147.54 154.04 156.94 150.76 159.43 159.39 EUR/JPY 163.78 172.31 179.32 183.68 174.76 185.32 183.45
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Copyright © TDK Corporation, 2026. 33 Financial Position (¥bn) March end, 2025 March end, 2026 September end, 2026 Change from March end, 2026 Total assets 3,541.4 4,415.2 4,686.5 +271.3 Total liabilities 1,730.2 2,211.6 2,339.0 +127.3 Total equity attributable to owners of parent 1,800.1 2,187.2 2,328.6 +141.3 Ratio of equity attributable to owners of parent 50.8% 49.5% 49.7% +0.2pts Cash and cash equivalents, short-term investments, and marketable securities 753.8 979.4 894.5 (84.9) Interest-bearing debt*1 608.4 616.0 716.7 +100.8 Net cash (Net debt)*2 145.4 363.4 177.8 (185.7) Debt to equity ratio (times)*3 0.34 0.28 0.31 +0.03 (¥bn) 1,800.1 2,187.2 2,328.6 608.4 616.0 716.7 0.34x 0.28x 0.31x 0 600 1,200 1,800 March End, 2025 March End, 2026 September End, 2026 Total equity attributable to owners of parent Interest-bearing debt Debt to equity ratio *1: Borrowings plus bonds plus lease liabilities. *2: Cash and cash equivalents plus short-term investments plus marketable securities minus interest-bearing debt. *3: Interest-bearing debt divided by total equity attributable to owners of parent.
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Copyright © TDK Corporation, 2026. 34 CAPEX, Depreciation, and R&D Expenses – H1 （(¥bn) (¥bn) FY3/26 FY3/27 Change H1 H1 CAPEX 112.7 166.4 +53.7 Depreciation 96.6 120.8 +24.2 % to net sales 8.2% 7.7% (0.5)pts R&D expenses 133.8 153.8 +20.0 % to net sales 11.3% 9.9% (1.4)pts （%） ▍CAPEX ▍Depreciation, % to net sales ▍R&D expenses, % to net sales 96.6 120.8 8.2% H1, FY3/26 7.7% H1, FY3/27 112.7 166.4 0 50 100 150 H1, FY3/26 H1, FY3/27 133.8 153.8 0 5 10 15 20 11.3% H1, FY3/26 9.9% H1, FY3/27
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Copyright © TDK Corporation, 2026. 35 CAPEX, Depreciation, and R&D Expenses – Projections CAPEX Depreciation and amortization R&D expenses (¥bn) 291.3 275.7 218.6 225.3 298.6 400.0 0 50 100 150 200 250 300 350 400 450 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 FY3/27 165.3 179.5 188.9 253.6 289.7 310.0 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 FY3/27 177.0 206.3 190.5 196.2 204.2 250.0 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 FY3/27 Projection Projection Projection
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Copyright © TDK Corporation, 2026. 36 Shareholder Returns 15.7 21.2 23.2 30.0 36.0 50.0 22.6% 35.2% 35.3% 34.1% 34.9% 33.9% 0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 80.0 0 10 20 30 40 50 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 FY3/27 Projection Annual dividends Dividend payout ratio(¥) * *. Figures have been converted to align with the post-share split standard of a 1 for 5 share split, effective from October 1, 2024. Dividends for FY March 2026 increased by an upward revision from initial plans. Dividends for FY March 2027 forecast raised to ¥50 per share from the initial plan.
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Copyright © TDK Corporation, 2026. 37 179.0 262.8 447.0 445.8 507.7 360.0 (281.5) (234.4) (216.6) (244.8) (377.8) (410.0) (102.6) 28.4 230.4 201.0 129.9 (50.0) Operating activities Investment activities Free cash flow Cash Flows (¥bn) Incl. advance payments of about 110.0 bn ¥ to secure stable supply of battery materials. Projection 3-Year Cumulative Projection （FY3/25 – FY3/27）Current Medium-term Plan Period 1,313.5 OCF Investment CF FCF 1,032.6 280.9 (¥bn) FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 FY3/27
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Copyright © TDK Corporation, 2026. 38 Annual Sales by Market (FY3/22 – FY3/26) ▍Automotive ▍ICT ▍Industrial equipment ▍Others (¥bn) (¥bn) (¥bn) (¥bn) (¥bn) ▍Net Sales, OP Margin All 1,902.1 2,180.8 2,103.9 2,204.8 2,504.8 0 500 1,000 1,500 2,000 2,500 8.8% FY3/22 7.7% FY3/23 8.2% FY3/24 10.2% FY3/25 10.9% FY3/26 Net Sales OP margin 17.4% 19.2% 22.0% 20.3% 18.3% 60.1% 55.4% 56.7% 59.3% 61.9% 17.5% 20.3% 17.5% 16.6% 16.1% 5.0% 5.1% 0% 20% 40% 60% 80% 100% FY3/22 FY3/23 3.8% FY3/24 3.8% FY3/25 3.7% FY3/26 Others Industrial ICT Automotive 330.4 418.7 463.5 447.9 459.5 0 100 200 300 400 500 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 1,142.5 1,207.6 1,191.8 1,308.2 1,550.4 0 500 1,000 1,500 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 333.6 442.7 368.5 364.9 403.2 0 100 200 300 400 500 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 95.6 111.8 80.1 83.8 91.7 0 100 200 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26
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Copyright © TDK Corporation, 2026. 39 Quarterly Sales by Market (FY3/26 – FY3/27) FY3/26 FY3/27 FY3/26 FY3/27 ▍Automotive ▍Industrial equipment FY3/26 FY3/27 ▍ICT ▍Others (¥bn) (¥bn) (¥bn) (¥bn) FY3/26 FY3/27 FY3/26 FY3/27 (¥bn) FY3/26 FY3/27 ▍Net Sales, OP Margin 535.8 647.6 675.2 646.3 741.0 819.6 0 100 200 300 400 500 600 700 800 900 10.5% Q1 14.1% Q2 12.3% Q3 6.4% Q4 11.6% Q1 14.9% Q2 Q3 Q4 Net Sales OP margin 20.2% 17.5% 17.4% 18.6% 17.2% 15.7% 58.5% 63.4% 64.3% 60.6% 60.2% 62.8% 17.5% 15.5% 14.8% 16.8% 18.2% 17.4% 4.4% 4.1% 0% 20% 40% 60% 80% 100% 3.8% Q1 3.5% Q2 3.4% Q3 3.9% Q4 Q1 Q2 Q3 Q4 Others Industrial ICT Automotive 108.2 113.4 117.5 120.4 127.2 128.7 0 30 60 90 120 150 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 313.5 410.9 434.2 391.8 446.4 514.8 0 100 200 300 400 500 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 93.5 100.7 100.2 108.7 135.2 142.5 0 20 40 60 80 100 120 140 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 20.6 22.6 23.3 25.3 32.3 33.5 0 20 40 60 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 +15.5% 221.6 255.9 +32.7% 724.4 961.2 +43.0% 194.2 277.7 +52.2% 43.2 65.8 All
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Copyright © TDK Corporation, 2026. 40 Annual Sales by Market (FY3/22 – FY3/26) ▍Automotive ▍ICT ▍Industrial equipment ▍Others (¥bn) (¥bn) (¥bn) (¥bn) (¥bn) ▍Net Sales, OP Margin Passive Components 507.8 578.8 565.6 559.6 593.2 0 100 200 300 400 500 600 15.1% FY3/22 16.3% FY3/23 9.5% FY3/24 6.1% FY3/25 7.1% FY3/26 Net Sales OP margin 41.7% 44.3% 50.5% 50.2% 48.2% 16.0% 12.5% 12.0% 12.1% 11.5% 29.3% 30.5% 27.7% 27.9% 29.3% 13.0% 12.7% 9.8% 9.7% 11.0% 0% 20% 40% 60% 80% 100% FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 Others Industrial ICT Automotive 211.8 256.1 285.7 281.2 286.2 0 100 200 300 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 81.5 72.3 68.1 68.0 68.4 0 50 100 150 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 148.7 176.8 156.6 156.4 173.6 0 50 100 150 200 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 65.8 73.6 55.2 54.2 65.0 0 50 100 150 200 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26
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Copyright © TDK Corporation, 2026. 41 67.6 69.8 75.2 73.6 81.1 82.2 0 20 40 60 80 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY3/26 FY3/27 FY3/26 FY3/27 FY3/26 FY3/27 FY3/26 FY3/27 (¥bn) (¥bn) (¥bn)(¥bn) FY3/26 FY3/27 FY3/26 FY3/27 (¥bn) 138.1 147.5 152.5 155.0 176.8 181.2 0 4.6% Q1 5.7% Q2 10.3% Q3 7.4% Q4 9.8% Q1 12.3% Q2 Q3 Q4 Net Sales OP margin 48.9% 47.3% 49.3% 47.5% 45.9% 45.4% 10.9% 12.3% 12.4% 10.5% 10.8% 11.8% 29.5% 29.5% 27.6% 30.5% 30.4% 30.4% 10.7% 10.9% 10.7% 11.5% 12.9% 12.4% 0% 20% 40% 60% 80% 100% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Others Industrial ICT Automotive 15.0 18.2 18.9 16.2 19.1 21.4 0 10 20 30 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 40.8 43.5 42.1 47.3 53.8 55.1 0 20 40 60 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 14.8 16.1 16.3 17.9 22.8 22.5 0 10 20 30 40 50 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 +18.9% 137.3 163.3 +21.8% 33.2 40.5 +29.3% 84.2 108.9 +46.9% 30.8 45.3 Quarterly Sales by Market (FY3/26 – FY3/27) Passive Components ▍Automotive ▍Industrial equipment ▍ICT ▍Others ▍Net Sales, OP Margin
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Copyright © TDK Corporation, 2026. 42 Annual Sales by Market (FY3/22 – FY3/26) ▍Automotive ▍ICT ▍Industrial equipment ▍Others (¥bn) (¥bn) (¥bn) (¥bn) (¥bn) ▍Net Sales, OP Margin Sensor Application Products 130.8 169.5 180.5 189.5 224.6 0 50 100 150 200 FY3/22 6.3% FY3/23 3.3% FY3/24 2.6% FY3/25 9.2% FY3/26 Net Sales OP margin 35.4% 36.1% 44.8% 42.0% 39.0% 42.9% 42.8% 42.0% 46.8% 50.2% 19.9% 18.8% 11.8% 9.6% 9.5% 0% 20% 40% 60% 80% 100% 1.8% FY3/22 2.3% FY3/23 1.3% FY3/24 1.5% FY3/25 1.3% FY3/26 Others Industrial ICT Automotive 46.2 61.2 80.9 79.5 87.6 0 20 40 60 80 100 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 56.1 72.5 75.9 88.8 112.8 0 20 40 60 80 100 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 26.0 31.9 21.4 18.3 21.3 0 20 40 60 80 100 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 2.4 3.9 2.4 2.9 3.0 0 10 20 30 40 50 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26
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Copyright © TDK Corporation, 2026. 43 FY3/26 FY3/27 FY3/26 FY3/27 ▍ICT FY3/26 FY3/27 FY3/26 FY3/27 (¥bn) (¥bn) (¥bn)(¥bn) FY3/26 FY3/27 FY3/26 FY3/27 (¥bn) 46.4 61.5 59.8 56.9 61.9 65.8 0 20 40 60 5.8% Q1 15.3% Q2 12.0% Q3 2.6% Q4 12.7% Q1 Q2 Q3 Q4 15.8% Net Sales OP margin 41.9% 33.6% 39.2% 42.3% 34.6% 33.4% 47.3% 56.1% 49.8% 46.8% 49.0% 51.8% 9.5% 9.1% 9.8% 9.5% 14.9% 13.4% 0% 20% 40% 60% 80% 100% 1.3% Q1 1.3% Q2 1.3% Q3 1.4% Q4 1.4% Q1 Q2 Q3 Q4 1.4% Others Industrial ICT Automotive 19.5 20.7 23.4 24.1 21.4 22.0 0 10 20 30 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 21.9 34.5 29.8 26.6 30.3 34.1 0 10 20 30 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 4.4 5.6 5.9 5.4 9.2 8.9 0 2 4 6 8 10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 0.6 0.8 0.8 0.8 0.9 0.9 0 2 4 6 8 10 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 +8.1% 40.1 43.4 +14.2% 56.4 64.4 +80.8% 10.0 18.0 +31.5% 1.4 1.8 Quarterly Sales by Market (FY3/26 – FY3/27) Sensor Application Products ▍Automotive ▍Industrial equipment ▍Others ▍Net Sales, OP Margin
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Copyright © TDK Corporation, 2026. 44 (¥bn) (¥bn) (¥bn) (¥bn) (¥bn) ▍Japan ▍Europe ▍Americas ▍Asia and Others▍China 7.8% 8.1% 8.8% 7.9% 7.3% 6.8% 7.9% 7.1% 6.4% 5.8% 9.2% 9.6% 9.6% 7.9% 7.2% 55.7% 54.8% 53.1% 54.1% 55.0% 20.4% 19.6% 21.4% 23.7% 24.6% 0% 20% 40% 60% 80% 100% FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 Asia and Others China Europe Americas Japan 149.0 176.4 184.6 174.4 183.5 0 50 100 150 200 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 129.9 172.7 148.7 140.1 145.4 0 50 100 150 200 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 175.6 210.3 203.0 175.2 181.2 0 100 200 300 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 1,059.7 1,194.0 1,117.6 1,192.5 1,378.0 0 400 800 1,200 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 387.9 427.3 450.0 522.6 616.7 0 200 400 600 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 Annual Sales by Region (FY3/22 – FY3/26)
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Copyright © TDK Corporation, 2026. 45 FY3/26 FY3/27FY3/26 FY3/27 ▍Japan ▍Europe FY3/26 FY3/27 ▍Americas ▍Asia and Others (¥bn) (¥bn) (¥bn) (¥bn) FY3/26 FY3/27 ▍China FY3/26 FY3/27 (¥bn) 42.2 44.4 47.2 49.6 54.1 57.7 0 20 40 60 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 34.0 37.8 36.1 37.6 43.5 43.8 0 20 40 60 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 42.4 44.4 43.5 50.9 52.4 52.6 0 20 40 60 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 135.6 154.2 160.2 166.7 181.1 196.7 0 50 100 150 200 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 281.6 366.9 388.1 341.4 409.9 468.8 0 100 200 300 400 500 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 7.9% 6.9% 7.0% 7.7% 7.3% 7.0% 6.3% 5.8% 5.4% 5.8% 5.9% 5.3% 7.9% 6.9% 6.4% 7.9% 7.1% 6.4% 52.6% 56.6% 57.5% 52.8% 55.3% 57.2% 25.3% 23.8% 23.7% 25.8% 24.4% 24.0% 0% 20% 40% 60% 80% 100% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Asia and Others China Europe Americas Japan FY3/26 FY3/27 +29.0% 86.6 111.8 +21.7% 71.7 87.3 +20.9% 86.8 104.9 +35.5% 648.5 878.8 +30.4% 289.8 377.8 Quarterly Sales by Region (FY3/26 – FY3/27)
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Copyright © TDK Corporation, 2026. 46 Financial information: 10-year historical trend 1,178,257 1,271,747 1,381,806 1,363,037 1,479,008 1,902,124 2,180,817 2,103,876 2,204,806 2,504,82091.1% 91.1% 91.8% 91.9% 92.1% 92.2% 91.9% 91.2% 92.1% 92.7% 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 FY3/17 FY3/18 FY3/19 FY3/20 FY3/21 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 91,254 102,641 115,155 117,489 127,409 165,250 179,467 188,860 253,586 289,668 7.7% 8.1% 8.3% 8.6% 8.6% 8.… 8.2% 9.0% 11.5% 11.6% 0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 80.0 90.0 100.0 0 50,000 100,000 150,000 200,000 250,000 300,000 FY3/17 FY3/18 FY3/19 FY3/20 FY3/21 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 R&D expenses R&D expenses to net sales ratio 167,631 178,612 173,592 173,429 212,196 291,337 275,709 218,589 225,290 298,591 87,491 92,171 106,631 124,984 148,356 177,031 206,285 190,546 196,228 204,192 0 100,000 200,000 300,000 FY3/17 FY3/18 FY3/19 FY3/20 FY3/21 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 Capex Depreciation and amortization 208,660 89,692 107,823 97,870 111,814 166,775 168,827 172,893 224,192 272,415 145,099 63,463 82,205 57,780 74,681 131,298 114,187 124,687 167,161 195,663 17.7% 7.1% 7.8% 7.2% 7.6% 8.8% 7.7% 8.2% 10.2% 10.9% 0 50,000 100,000 150,000 200,000 250,000 FY3/17 FY3/18 FY3/19 FY3/20 FY3/21 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 Operating profit Net profit attributable to owners of parent OP margin (¥ mn) (¥ mn) ▍Net sales, Overseas sales ratio ▍Operating profit, Net profit attributable to owners of parent, OP margin (¥ mn) ▍R&D expenses, R&D expenses to net sales ratio ▍Capex, Depreciation and amortization (¥ mn) IFRS IFRS IFRS IFRS
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Copyright © TDK Corporation, 2026. 47 13.4% 5.2% 5.7% 4.3% 5.2% 7.4% 5.5% 5.3% 6.7% 7.5% 19.8% 7.8% 9.7% 6.7% 8.5% 11.6% 8.3% 7.9% 9.5% 9.8% 9.3% 3.6% 4.2% 2.9% 3.5% 4.9% 3.7% 3.8% 4.9% 4.9% FY3/17 FY3/18 FY3/19 FY3/20 FY3/21 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 ROIC ROE ROA Financial information: 10-year historical trend 1,664,333 1,905,209 1,992,480 1,943,379 2,359,663 3,041,653 3,147,027 3,415,3043,541,415 4,415,175 793,614 824,634 877,290 843,957 958,929 1,300,317 1,458,446 1,707,332 1,800,070 2,187,234 47.7% 43.3% 44.0% 43.4% 40.6% 42.8% 46.3% 50.0% 50.8% 49.5% 0 1,000,000 2,000,000 3,000,000 4,000,000 FY3/17 FY3/18 FY3/19 FY3/20 FY3/21 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 Total assets Total equity attributable to owners of parent Ratio of equity attributable to owners of parent 8.0 8.7 10.7 12.0 12.0 15.7 21.2 23.2 30.0 36.0 10.4% 25.9% 24.6% 39.3% 30.4% 22.6% 35.2% 35.3% 34.1% 34.9% 0 5 10 15 20 25 30 35 40 FY3/17 FY3/18 FY3/19 FY3/20 FY3/21 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 Annual dividents Divident payout ratio 99,693 102,883 104,781 107,138 129,284 116,808 102,908 101,453 105,067 106,545 0 50,000 100,000 150,000 FY3/17 FY3/18 FY3/19 FY3/20 FY3/21 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 (¥ mn) (¥) (Persons) ▍Total assets, Total equity attributable to owners of parent, Ratio of equity attributable to owners of parent ▍ROIC, ROE, ROA ▍Annual dividends, Dividend payout ratio ▍Number of employees IFRS IFRS IFRS *
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Copyright © TDK Corporation, 2026. 48 Status of inclusion in Indices / Evaluation by external organizations ※1,2 THE INCLUSION OF TDK CORPORATION IN ANY MSCI INDEX, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT OR PROMOTION OF TDK CORPORATION BY MSCI OR ANY OF ITS AFFILIATES. THE MSCI INDEXES ARE THE EXCLUSIVE PROPERTY OF MSCI. MSCI AND THE MSCI INDEX NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI OR ITS AFFILIATES. ▍Indices ▍Evaluation by external organizations FTSE4Good Index SeriesJPX Prime 150 Index FTSE Blossom Japan Index FTSE Blossom Japan Sector Relative Index MSCI ESG Leaders Indexes ※1 WICI Japan Integrated Report Award Gold Award（2024, 2025） NIKKEI Integrated Report Award Award for Excellence （2022-2024） Extel Japan Executive Team Survey Most Honored Company (2025) S&P Global Sustainability Yearbook Member (2020-2025) CDP Water Security A (2020-2024) CDP Climate Change A (2024) CDP Supplier Engagement Rating: Supplier Engagement Leader (2020-2024) Ecovadis Sustainability Rating PLATINUM (2025) work with Pride Gold (2024) Health & Productivity Management Organization Recognition Program (2023-2025) Clarivate Top 100 Global Innovators (the twelfth time) Morningstar Japan ex-REIT Gender Diversity Tilt Index ※2 S&P/JPX Carbon Efficient Index Best IR Award (2025) SX Brand (2025, 2026)
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Copyright © TDK Corporation, 2026. 49 Cautionary Statements with Respect to Forward-looking Statements This material contains forward-looking statements, including projections, plans, policies, management strategies, targets, schedules, understandings, and evaluations about TDK, or its group companies (TDK Group). These forward-looking statements are based on the current forecasts, estimates, assumptions, plans, beliefs, and evaluations of the TDK Group in light of the information currently available to it, and contain known and unknown risks, uncertainties, and other factors. The TDK Group therefore wishes to caution readers that, being subject to risks, uncertainties, and other factors, the TDK Group’s actual results, performance, achievements, or financial position could be materially different from any future results, performance, achievements, or financial position expressed or implied by these forward-looking statements, and the TDK Group undertakes no obligation to publicly update or revise any forward-looking statements after the issue of this material except as provided for in laws and ordinances. The electronics markets in which the TDK Group operates are highly susceptible to rapid changes, risks, uncertainties, and other factors that can have significant effects on the TDK Group including, but not limited to, shifts in technology, fluctuations in demand, prices, interest and foreign exchange rates, and changes in economic environments, conditions of competition, laws and regulations. Also, since the purpose of these materials is only to give readers a general outline of business performance, many numerical values are shown in units of a billion ¥. Because original values, which are managed in units of a million ¥, are rounded off, the totals, differences, etc. shown in these materials may appear inaccurate. If detailed figures are necessary, please refer to our financial statements and supplementary materials.
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Text data including Q&A of performance briefing will be uploaded on following site. https://www.tdk.com/en/ir/ir_events/conference/2027/2q_1.html