For Immediate Release
May 31, 2017
Company Name: FDK CORPORATION
Representative: Michimasa Mochizuki
President & CEO
Code No.: 6955, Tokyo Stock Exchange Section 2
Contact: Shunji Kumagai, General Manager
CSR/Public & 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
May 31, 2017, resolved the merger of FDK ENERGY CO., LTD. (“FDK ENERGY”), a consolidated
subsidiary of FDK, on July 31, 2017 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 has been accelerating the construction of business model realizing the Energy Management
Manufacturer by the battery business as the core.
FDK decided to organizationally integrate its operation of Alkaline battery, Ni-MH battery and Lithium
battery through the merger in order to make speedy decision and capitalize on mutual resources more
effectively to further expand the battery business.
2. Summary of the Merger1) Schedule:
May 31, 2017:
May 31, 2017:
July 31, 2017 (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 ENERGY isgoing to execute this simplified absorption-type merger without obtaining the approval of its generalshareholders’ meeting of FDK ENERGY.
2) Merger method
In this simplified absorption-type merger, FDK will become the surviving company, and FDK ENERGY
will be dissolved upon completion of the merger.

-1-3) Substance of merger-related allotment of shares
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 ENERGY has not issued any share subscription rights or bonds with share subscription rights.
3. Outline of Parties Involved in the Merger (At March 31, 2017)
Surviving company(1)
Corporate name
FDK CORPORATION(2)Head office address 1-6-41 Konan, Minato-ku,
Tokyo, Japan(3)
Representative
Michimasa Mochizuki,President & CEO(4)Main line ofManufacture and sales of batteriesbusinessand electric devices
(5)
(6)
(7)
(8)
(9)

(10)

CapitalEstablished
Shares issued andoutstanding
Fiscal year-end
Major shareholders
and equity holding
ratiosJPY 28,301 million
Feb. 7, 1950

Absorbed company
FDK ENERGY CO., LTD.
614 Washizu, Kosai-shi, Shizuoka,
Japan
Kiyohide Tsutsui,President
Manufacture and sales of alkaline
batteries and cylindrical type primarylithium batteries
JPY 700 million
Aug. 1, 2002

280,363,026 share

10,000 share

March 31
March 31
Fujitsu Limited 72.39%
FDK CORPORATION 100%
Fuji Electric Co., Ltd. 1.21%
Japan Securities Finance Co., Ltd.
0.47%
DAI-ICHI METAL INDUSTRY
CO., LTD. 0.46%
Daiwa Securities Co. Ltd. 0.38%* At May 31, 2017
Financial conditions and business performance for the most recent fiscal year
Fiscal year-end
March 31, 2017 (Consolidated)
March 31, 2017 (Non-consolidated)
Total assets
JPY 49,132 million
JPY 7,992 million
Total net assets
JPY 4,638 million
JPY 5,100 million
Shareholders’
JPY 14.00 yen
JPY 510,063.61 yenequity per share
Net sales
JPY 73,682 million
JPY 10,741 million
Operating income
JPY -330 million
JPY 62 million
Ordinary income
JPY -697 million
JPY 85 million
Net income
JPY -3,133 million
JPY 68 million
Profit attributable toJPY -3,166 million
owners of parent
Net income per
JPY -11.30 yen
JPY 6,819.65 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, 2018.
Reference:
Consolidated Financial Forecast for the year ending March 31, 2018 (Announced on April 27, 2017) andConsolidated Financial Results for the FY2016 ended March 31, 2017.
Millions of yen
OperatingOrdinary
Profit attributable toNet sales
incomeincomeowners of parent
Consolidated Financial
76,000
1,400
700
400
Forecast for the year
ending March 31, 2018.
Consolidated Financial
73,682-330-697-3,166
Results for the FY2016
ended March 31, 2017.

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