Greetings

TDK has taken a new step forward into its new Fiscal Year March 2027. This marks the final year of our current Medium-term Plan and represents a crucial third year toward realizing our Long-term Vision, "TDK Transformation." During the previous Fiscal Year March 2026, we solidified our achievements as our core technologies continued to provide essential value in response to two major social trends that are fundamentally reshaping the world: Digital Transformation (DX) and Green Transformation (GX). I am confident that we are making steady progress by accurately addressing these evolving needs of society.

At the same time, the external environment is facing unprecedented challenges, with geopolitical risks becoming increasingly apparent, such as rising raw material prices. To build a robust management foundation unaffected by these uncertain factors, we are focusing on honing our "Own Capability" as an organization. The sum of this "Own Capability"—including our product quality, technological prowess and the capabilities of our team members, which we can transform autonomously—is the very essence of TDK's corporate value. By questioning the status quo and decisively executing transformation from within, we will create new customer value and contribute to solving social issues.

The key to our future growth lies in our strong contribution to the "AI Ecosystem." Across a wide range of applications—including rapidly growing data centers, next-generation mobility, smart glasses, high-speed communications, and robotics, we will deploy high-precision sensing technologies, high-power-density batteries, power-efficient devices, and edge AI solutions. Our contribution to the AI ecosystem and the society as a whole is embodied in our corporate tagline, "In Everything, Better." Our innovative technologies integrate into all types of products and applications, further enhancing their value from within. Through TDK’s own evolution, we will contribute to realizing a smarter and more prosperous society.

Since its founding in 1935, TDK has been guided by its Corporate Motto: "Contribute to culture and industry through creativity." Today, more than 100,000 diverse team members around the world are united as one team, "TDK United." In these uncertain times, we will demonstrate our venture spirit and, through transformation from within, carve out a new future.