NEWS RELEASE
March 27, 2009
FDK CORPORATION
President & CEO: Toshiharu Sugimoto
Stock exchange listing: The 1 st Section of Tokyo Stock Exchange
Stock code: 6955
Contact: Corporate Communication OfficeE-mail: niida@fdk.co.jp

Allocation of new shares to a third party and a change in its parent company
Following a meeting today of its Board of Directors, FDK Corporation (“the Company”)
announced that the Company made a resolution about the allocation of new commonshares of the Company to a third party.
In addition, by this allocation of new common shares, the Company announced achange in its parent company to Fujitsu Limited(“Fujitsu”).
Ⅰ. The issue of new common shares to a third party
1. Purpose of the issue of new common shares to a third party
The company has proceeded to concentrate on its core competencies in the power andhigh frequency areas in accordance with the Group’s New Policies and Strategies forGrowth, its management direction to cope with the drastic changes in market
environment that was announced in January, 2008. However, in addition to the losses
posted in the past were newly emerging losses in the current fiscal year caused by theglobal recession, leaving the company with excessive debt in the 3 rd quarter due to its
deteriorating net worth.
In response, the Company worked on implementing structural reform, while at thesame time it considered various measures to bolster its financial strength and improve
management strength. Fujitsu, the largest shareholder of the Company, agreed to theCompany’s restructuring plan and, as a result, the Company and Fujitsu made a basic
agreement as to the issuance of new common shares of the Company to a third party.
(1)Number of new common shares to be issued(2)Issue price(3)Total amount issued(4)Total amount capitalized(5)Method of offering or allotment

89,430,000 shares
123 yen (per share)
10,999,890,000 yen
5,544,660,000 yen
Issuance of new shares by thirdparty allotment
April 30, 2009
May 1, 2009
Fujitsu Limited 89,430,000 shares(6)Subscription date
(7)Payment date(8)The target and number of allocation(9)Restrictions on transfer
If the allocated company transfers all or some of the new common shares within 2
years from the issuing date, the allocated company should provide notice to theCompany about its transaction by letter.
(10)Each item above is conditioned upon the effectiveness of the filing of the Financial
Instruments and Exchange Law.

NEWS RELEASE

2. Amount of Capital to be Raised and Use of Proceeds(1) Amount of Capital to be Raised
10,999,890,000 yen(2) Detailed Use of Proceeds
The newly raised capital from the issuance of new shares will be used for therepayment of debt from financial institutions in order to improve balance sheets(3) Timing of Use of Proceeds
From May. 2009
3. Financial Performance and Equity Finance for the Past Three Years(1)Financial Performance for the Past Three Years (Consolidated)(Million Yen)
March 31, 2008
113,668

Fiscal Year Ended
Net Sales

March 31, 2006
118,109

March 31, 2007
121,537

Operating Income967△3,326

1,235
130

1,909
△3,105△26.001.02△24.28△36.42△32.86△66.22Net Income (Loss)Net Income (Loss) perShare On a fully diluted
Basis (yen)Dividend per Share（yen）
Net Asset per Share（yen）(2) Recent Movement of the Share Price of FDK Corporation(i) Share Price for the Past Three Years
March 31, 2006
March 31, 2007
Opening Price210
235
Highest Price292
250
Lowest Price
157
155
Closing Price235
168(ii)Share Price for the Past Six Months
SeptemberOpening Price
Highest Price
Lowest Price
Closing Price

139
145
99108

October

109
1136482（Yen）
March 31, 2008
16921887116（Yen）

November

DecemberJanuary

February

85
139
84
105

107
119
91
109

131
228
130
168

132
162
110
126

(3) The Equity Finance Being Proposed
New Shares Issued by Third Party Allotment
Timing of IssuanceMay 1, 2009
Amount of Funds to be Obtained
10,999,890,000 yen (Issue price 123 yen)
Outstanding Shares prior to Offering
Common shares
128,075,884
10,000,000
1 st Preferred shares
17,500,000
2nd Preferred shares
Shares To be Issued This Time89,430,000
Outstanding Shares after Offering
Common shares
217,505,884
10,000,000
1 st Preferred shares
17,500,000
2nd Preferred shares
Allottee
Fujitsu Limited

NEWS RELEASE

4. Issue price
The issue price(123 yen) was determined to refer the average daily closing price of acommon share of the Company in ordinary trading at the Tokyo Stock Exchange during
a month proceeding the Board of Directors meeting made a resolution to allocate newshares.
5.Changes in the Company’s capital( Yen)
BeforeAfterCapital
22,756,561,513
28,301,221,513

Ⅱ.Changes in the parent company
1. Reason for change
New common shares in the amount of 89,430,000 will be allocated to Fujitsu after
approval by the board meeting on March 27, 2009. By this allocation, FDK becomes asubsidiary of Fujitsu as follows.
2. Outline of the new parent company(1)Outline of the concerned share holder
Name: Fujitsu Limited(2)Numbers of voting rights of Fujitsu Limited after the allocation
Voting right
Ratio against total
voting right
Before the allocation
50,66739.79%
After the allocation
140,09764.41%(3)Due date : May 1, 2009

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