NEWS RELEASE

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FDK Announces New Corporate Governance,
Business Management Structure
Tokyo March 11,2002-Following a meeting today of its board of directors, FDK Corp, Announced that it
would undertake a reform involving in corporate governance structure, introduction of a corporate officer
system, and organization change for fully pursuing "the growth strategy of FDK group" announced onJanuary 30th, 2002, and strengthening the enterprise constitution. The detailed plan is as follows.
1. Reorganization of Board of Directors and Introduction of Corporate Officer System• Separating the function of the management supervision and operating execution, while
introducing a corporate officer system aimed at reorganization of board of directors.
• To maximize shareholder value and that of the group as integration, a streamlined Board of
Directors consisting of less members will concentrate on carrying out management supervisionfunctions.
• For operating execution, abundant autonomy and authority will be empowered to the newcorporate officers, and the operating execution responsibility will be clarified in order to increase
the efficiency of enterprise management and accelerating the pace of progress.
2. Organization Change
To perform enterprise deployment effectively in accordance with the growth strategy of a FDKGroup, organizations will be integrated from April 1, 2002 and operate as a whole after merger ofIwaki Electronic co.,ltd. as a 100% subsidiary.(see the following organization chart)
Administration Planning Div.
Business Support Div.
Production System Div.
Rsearch & Development Div.
Board ofPresident,Directors

CEO&COOElectric Devices Sales Div.
Hybrid Module Company
Power System･Module Company
Optical Device Company
Battery Company
Electric Material General Div.

*Underlines indicate the change of organization this time
Following person are assigned with the above new management organization construction.

NEWS RELEASE

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3. Assignment on April 1,2002
Mr. Koichiro Suzuki , Director & Electric Material General Division Manager(Present Director & Electric Material General Division Sub Manager)
Mr. Masayuki Hojo , Director & Electric Device Sales Division Manager(Present Director& International sales Division Manager)
Mr. Yasuo Tarui , Hybrid Module Company･President(Present Executive Director of Iwaki Electronic co.,ltd. )Mr. Akira Kamata , Power System･Module Company･President(Present Director of Iwaki Electronic co.,ltd. )4. New Board of Directors and operating officers(After Annual Shareholders Meeting scheduled for late June)
1) Board of Directors
Mr. Masahiko Inoue , Representative Director & Chairman of the board(Present Director& Chairman of the board )Mr. Nobuji Suzuki , Representative Director & President(Present Representative Director & President )Mr. Toshiharu Sugimoto , Director(Present Managing Director)
Mr. Akira Tsuchiya , Director(Present Executive Director)
Mr. Hirofumi Takanashi , Director
Mr.Akira Nagata , Director
Six persons, Mr. Hiromasa Ikeda, Mr. Yoichi Morimura, Mr. Koichiro Suzuki, Mr. Masayuki
Hojo, Mr. Isamu Sasaki, Mr. Masanori Nakazawa, will resign as a director and assume operating
officer at the end of fixed general meeting of shareholders, which scheduled to be held late in June.
Director Kenji Obinata will resign from a director and assume adviser of our company at the endof fixed general meeting of shareholders, which scheduled to be held late in June.
2) Plan of assumption of operating officers
Mr. Nobuji Suzuki , President , CEO & COO
Mr. Toshiharu Sugimoto , Corporate Executive Vice President & CFO
Mr. Akira Tsuchiya , Corporate Senior Vice President & CTO
Mr. Hiromasa Ikeda , Corporate Senior Vice President & CMO
Mr. Yoichi Morimura , Corporate Vice President (Battery Company･President)
Mr. Koichiro Suzuki , Corporate Vice President (Electric Material General Division Manager)
Mr. Masayuki Hojo , Corporate Vice President (Electric Device sales General Division Manager)
Mr. Isamu Sasaki , Corporate Vice President (Optical Device Company･President)
Mr. Masanori Nakazawa , Corporate Vice President (Administration Planning Division Manager)
Mr. Yasuo Tarui , Corporate Vice President (Hybrid Module Company･President)
Mr. Akira Kamada , Corporate Vice President (Power System･Module Company･President)[Press Contacts]
FDK CORPORATION
Corporate Communications Dept.
E-mail: narishi@fdk.co.jp hkoji@fdk.co.jp