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FDK Announces Reorganization and Officers Reassignments
Tokyo, Japan February 26, 2004 – Following a meeting today of its Board of Directors, FDK
announced the reorganization and officers reassignments, effective April 1 2004.
1.

Reorganization
In order to establish an effective organization structure centering on production innovation
movement and advancement in priority and concentration, the following reorganization isperformed.

(1) Establishment of Manufacturing Evolution Division
Manufacturing Evolution Division is established to boldly promote production innovation inthe all FDK group.
(2) Reorganization of an effective organization structure for priority and concentration
In order to further streamline and strength the operations, associated parts business (coildevices and micro inductor) will be integrated with Hybrid Module Business and Power
System Business, which comprise the heart of FDK group. Moreover, Circuit Device Businesswill be abolished and at the same time Ferrite Business will be completely shifted to China.
(3) Review of Corporate Function
In a medium- and long-term perspective of operations, Business Strategy & Planning
Department, which is under the direct control of the President, is established to give supports
to precise management in order to keep abreast of changes in the market. Moreover,
Administration Planning Division is renamed as Administration Division which will support
the operations of the group and reduce management cost by streamlining the organization.

Business Strategy & Planning Dept.
Electronics Sales Div.
Battery Sales Div.
Hybrid Module Div.
Board MeetingPresident
Power System Div.
Component Div.

Under Line indicate change of division.
Circuit Device Division will be closed.

Procurement & Logistics Div.
Manufacturing Evolution Div.
Technology Development Div.
Administration Div.

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2. Changing Board of Director (Based On April 1st 2004)
Toshiharu Sugimoto
New Title: Representative Director & President
Current Position: Representative Director & Executive Vice President
Nobuji Suzuki
New Title: DirectorCurrent Position: Representative Director & President
3. Changing Officer (Based On April 1st 2004)
Toshiharu Sugimoto
New Title: Chief Executive Officer& Chief Operating Officer
Yasuo Tarui
New Title: Corporate Senior Vice President& Electronic Sales Div. General Manager
Tadashi Onizuka
New Title: Corporate Vice President& Hybrid Module Div. General Manager
Satoshi Sakiura
New Title: Corporate Vice President& Business Strategy & Planning Dept. General Manager
Hiroshi Rikukawa
New Title: Corporate Vice President& Component Div. and Technology Development Div. General ManagerYoshiyuki Suzuki:
New Title: Corporate Vice President& Procurement & logistic Div. General Manager
Former Corporate Vice President Mr. Masayuki Hojo will become the President of FDK
MECATRONICS CO., LTD and Former Corporate Vice President Mr. Isamu Sasaki will
become the President of SHANGHAI FDK CORPORATION.
In addition, new management structure including outside officers will be determined in the 75th
shareholders’ meeting held in the end of June 2004.
<Autobiography of the newly-appointed Representative Director & President>
NameToshiharu Sugimoto
Date of birth
March 9, 1947
Educational status
Graduated MUSASHI UNIV. (Faculty of Economics) on March 1969
Professional
April 1969 Join FDK
background
June 1997 Director of the Board
April 2000 Managing Director
April 2001 Executive Managing Director
June 2002 Director & Corporate Executive Vice President & CFO
June 2003 Representative Director & Corporate Executive Vice President& CFO<CONTACT>FDK CORPORATION
Corporate Communications Dept.
narishi@fdk.co.jp