For Immediate Release
July 27, 2016
Company Name: FDK CORPORATION
Representative: Michimasa Mochizuki
President & CEO
Code No.: 6955, Tokyo Stock Exchange Section 2
Contact: Yoshiharu Hirano, General Manager
Public and Investor Relations Dept.
Tel: +81-3-5715-7400

Simplified Absorption-type Merger of Consolidated Subsidiary

FDK CORPORATION (“FDK”) announces today that the Board of Directors, at the Board meeting held on
July 27, 2016, resolved the merger of FDK TOTTORI CO., LTD. (“FDK TOTTORI”), a consolidated
subsidiary of FDK, on October 1, 2016 as follows.
As this merger is going to take place between FDK and a wholly owned subsidiary in the form of simplified
absorption, certain matters and descriptions are omitted from the disclosure below.
Description
1. Purpose of the Merger
FDK’s Lithium battery business is in a expansionary trend due to increasing demand in residential fire
alarm, various meters and automotive markets as well as developing business market route in newly released
thin type lithium battery.
In this expansion phase, FDK decided to organizationally integrate its operation through the merger inorder to capitalize on mutual resources more effectively and to further strengthen the business of multiple
product of electronic components and lithium batteries.
2. Summary of the Merger1) Schedule:
July 27, 2016:
July 27, 2016:
October 1, 2016 (planned):

The merger agreement was decided upon by the Boards of Directors.
The merger agreement was signed by the two companies.
Merger date (effective date)

Pursuant to Article 796, Paragraph 2 of the Corporate Act of Japan, FDK is going to execute thissimplified absorption-type merger without obtaining the approval of its general shareholders’ meeting ofFDK, Similarly, pursuant to Article 784, Paragraph 1 of the Corporate Act of Japan, FDK TOTTORI isgoing to execute this simplified absorption-type merger without obtaining the approval of its generalshareholders’ meeting of FDK TOTTORI.
2) Merger method
In this simplified absorption-type merger, FDK will become the surviving company, and FDK TOTTORI
will be dissolved upon completion of the merger.
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In this simplified absorption-type merger, there will be no allotment of shares, cash or the like.
4) Treatment of share acquisition rights and bonds with share acquisition rights of the absorbed company inrelation to this merger.
FDK TOTTORI has not issued any share subscription rights or bonds with share subscription rights.
3. Outline of Parties Involved in the Merger (At March 31, 2016)
Surviving company
Absorbed company(1)
Corporate name
FDK CORPORATIONFDK TOTTORI CO., LTD.
(2)
Head office address 1-6-41 Konan, Minato-ku,
28 Ohta, Iwami-cho, Iwami-gun,Tokyo, Japan
Tottori, Japan(3)
Representative
Michimasa Mochizuki,
Satoru Fukuoka,
President & CEO
President(4)Main line ofManufacture and sales of batteries Manufacture and sales of lithium
businessand electric devices
batteries(5)
CapitalJPY 28,301 million
JPY 450 million(6)
EstablishedFeb. 7, 1950
Mar. 17, 1982
(7)
Shares issued and280,363,026 share
9,000 shareoutstanding(8)
Fiscal year-end
March 31
March 31
(9)
Major shareholders Fujitsu Limited 72.39%
and equity holding Fuji Electric Co., Ltd. 1.21%
ratiosDAI-ICHI METAL INDUSTRY
CO., LTD. 0.46%
FDK CORPORATION 100%
SBI SECURITIES Co., Ltd.
0.39%
Customers’ Stockholding 0.34%(10) Financial conditions and business performance for the most recent fiscal year
Fiscal year-end
March 31, 2016 (Consolidated)
March 31, 2016 (Non-consolidated)
Total assets
JPY 54,217 million
JPY 8,769 million
Total net assets
JPY 7,754 million
JPY 5,913 million
Shareholders’
JPY 25.24 yen
JPY 657,053.60 yen
equity per share
Net sales
JPY 80,745 million
JPY 8,332 million
Operating income
JPY 1,580 million
JPY 28 million
Ordinary income
JPY 658 million
JPY 23 million
Net income
JPY 179 million
JPY 22 million
Profit attributable toJPY 167 million
owners of parent
Net income per
JPY 0.60 yen
JPY 2,499.13 yenshare-2-4. Status of the Surviving Company following the Merger
No changes will be made on the FDK’s name, head office location, representative titles or names,business activities, capital, or fiscal year as a result of the Merger.
5. Effects on Business Results
Since this is a merger with a wholly owned subsidiary of the Company, there will no impact on FDK’s
business forecast for the fiscal year ended March 31, 2017.
Reference:
Consolidated Financial Forecast for the year ending March 31, 2017 (Announced on July 27, 2016) andConsolidated Financial Results for the FY2015 ended March 31, 2016.
Millions of yen
Operating
Ordinary
Profit attributable to
Net sales
incomeincomeowners of parent
Consolidated Financial
82,000
1,500
1,000
500
Forecast for the year
ending March 31, 2017.
Consolidated Financial
80,745
1,580
658
167
Results for the FY2015
ended March 31, 2016.

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