October 29, 2014
Company Name:
Representative:
Contact:
Telephone:

KOHOKU KOGYO Co., Ltd.
Futoshi Ishii, President
Kazukiyo Kitagawa, Director+81-749-85-3211

Company Name:
Representative:
Code No:
Contact:

FDK CORPORATION
Michimasa Mochizuki, President & CEO
6955, Tokyo Stock Exchange Section 2Yoshiharu Hirano, General Manager
Corporate Communication Office+81-3-3434-1271

Telephone:

Announcement regarding Transfer of FDK’s Optical Device Business and its subsidiary
KOHOKU KOGYO Co., Ltd. (“KOHOKU”) and FDK CORPORATION (“FDK”) hereby announce reaching ofthe Agreement regarding transfer of FDK’s Optical Device Business and wholly owned consolidated subsidiary, FDK
LANKA (PVT) Ltd. (“FDK LANKA”), to KOHOKU today as mentioned below.
1. Reason for the Agreement
KOHOKU has groping for the further business development of their Optical Component, placed as 2nd mainstay,following to their Lead Terminals for aluminum electrolytic capacitors.
FDK has been considering various schemes for Optical Device Business to enhance business value under FDK’sMission Statement to become the “Leader in Energy Management Systems Across Multiple Platforms” in FDK’sMid-Term Business Plan (2013-2015).
As the result, KOHOKU and FDK have now concluded that this transfer will bring the maximum effects for
Optical Device Business and benefit for our valuable customers.
2. Profile of the Business to be transferred(1) Profile of the business
Based upon this agreement, KOHOKU will take over the employees, relevant intellectual property rights, etc.
involved in Optical Device business at FDK Group, in addition to acquiring the shares of FDK LANKA, which
is running this business and so on.
(2) Outline of the subsidiaries to be transferred as of March 31, 2014
(1) Company name

FDK LANKA (PVT) LTD.

(2) Head office

Ring Road 3, Phase 2, E.P.Z. Katunayake 11450, Sri Lanka(3) Representative

Yoshio Matsuo, President & Representative Director(4) Business

Manufacturing and sale of optical devices and coildevices.

(5) Capital

680 Million Sri Lankan rupee（６）Established

November 1990
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(7) Shareholder

FDK CORPORATION (100%)(8) No. of Employees

645(3) Schedule
October 29, 2014:

Approval of Agreement at Board Meeting

October 29, 2014:

Conclusion of Agreement

End of December 2014 (Planned): Conclusion of final agreement
3. Outline of KOHOKU(1) Company name(2) Head Office

KOHOKU KOGYO Co., Ltd.
1623, Takatsuki, Takatsuki-cho, Nagahama-shi, Shiga,
529-0241, Japan(3) Representative

Futoshi Ishii, President(4) Established

August, 1959

(5) Capital(6) No. of Employees(Consolidated)

50 Million Yen for Headquarter and 2,636 Million Yen as
simple total for 4 overseas subsidiaries
1,042- Lead terminals for aluminum electrolytic capacitors, which(7) Businessholds over 40% share in the world.
- Fiber optic component business.
- New product development.

(8) Relationship with FDK

No relationship by capital, personnel, etc.

4. Outline of ＦＤＫ(1) Company name

FDK CORPORATION(2) Head Office

5-36-11, Shimbashi, Minato-ku, Tokyo 105-8677, Japan(3) Representative

Michimasa Mochizuki(4) EstablishedFebruary 1950

(5) Capital

28,301 Million Yen (as of March 31, 2014)(6) No. of Employees(Consolidated)(7) Major Business(8) Major shareholders andshare ownership
percentage(as of March31, 2014)(9) Net Assets(Consolidated)(10) Total Assets(Consolidated)

5,151 (as of March 31, 2014)
Manufacture and sale of Batteries and Electronics Components
FUJITSU LIMITED

72.39%

FUJI Electric Co., Ltd.

1.21%

Japan Securities Finance Co., Ltd. 1.15%
6,508 Million Yen (as of March 31, 2014)
55,294 Million Yen (as of March 31, 2014)
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(11) Net Sales(Consolidated)

76,624 Million Yen (as of March 31, 2014)(12) Fiscal Year End

March 31(13) Relationship with KOHOKUNo relationship by capital, personnel, etc.

5. Outlook for the Future(1) KOHOKU and FDK will proceed with discussions toward a final Agreement planned End of December 2014. If
both companies have reached a final agreement on this transfer of the business, timely disclosure will be made atsuch time.
(2) This transfer’s effects on consolidated results of FDK will be noticed as soon as they are available.

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