TDK Corporation announced that its Board of Directors has resolved to make the following changes to its Directors. The appointments of Directors are subject to Shareholder approval at the General Shareholders Meeting to be held on June 23, 2021. Directors (retirement and new appointment) Retiring Director Kazunori Yagi (Outside Audit Supervisory Board Member of Yokogawa Bridge Holdings Corporation, Outside Audit Supervisory Board Member of Sojitz Corporation) Director Candidate Mutsuo Iwai (Deputy Chairman of the Board of Japan Tobacco Inc., Outside Director of Benesse Holdings Inc.) Shigeki Sato (Senior Vice President and Director, General Manager of Technology and Intellectual Property HQ). Outside Directors New Executive Lineup: As a result of the above changes, the new Director and Audit Supervisory Board Member lineup as of June 23, 2021 will be as follows. Directors Representative Director Shigenao Ishiguro Representative Director Tetsuji Yamanishi Director Makoto Sumita Director Seiji Osaka Director Shigeki Sato Director Kazuhiko Ishimura (Director of AGC Inc., Outside Director of IHI Corporation, Outside Director of Nomura Holdings Inc., President of the National Institute of Advanced Industrial Science and Technology) Director Kozue Nakayama (Outside Audit Supervisory Board Member of Imperial Hotel, LTD. Outside Director of the Board of Isuzu Motors Limited,) Director Mutsuo Iwai (Deputy Chairman of the Board of Japan Tobacco Inc. Outside Director of Benesse Holdings Inc.) Outside Directors Audit Supervisory Board Members Audit Supervisory Board Member Takakazu Momozuka Audit Supervisory Board Member Satoru Sueki Audit Supervisory Board Member Jun Ishii* Audit Supervisory Board Member Douglas K. Freeman (Principal of Law Offices of Douglas K. Freeman) Audit Supervisory Board Member Michiko Chiba (Principal of Chiba Certified Public Accountant Office, Outside Director, Audit Supervisory Committee Member of CASIO COMPUTER CO.,Ltd., Outside Audit Supervisory Board Member of DIC Corporation) Outside Audit Supervisory Board Members.
TDK Corporation specialises in the design, manufacture and sales of electronic products and recording equipment. Net sales break down by family product as follows:
- rechargeable batteries and energy converters (46.9%);
- electronic equipment and components (33.1%): ceramic capacitors, ferrites, magnets, inductors, high-frequency components, transformers, converters, thermistors, etc.;
- recording equipment (13.5%): recording appliances (notably magnetic heads for hard disks, heads for disk drives and thermal printer heads), recording equipment (audio and video cassettes, optical disks, computer data storage tapes, PC cards, etc.);
- other (3.5%): rechargeable batteries, memory cards, displays and mechatronic equipment.
Net sales break down geographically as follows: Japan (8%), China (56.8%), Asia (18.7%), Europe (10%) and Americas (6.5%).
TDK CORPORATION 
