This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy
between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility
for this translation or for direct, indirect or any other forms of damages arising from the translation.

[Translation]

ARTICLES OF INCORPORATIONTAIYO YUDEN CO., LTD.

ARTICLES OF INCORPORATIONTAIYO YUDEN CO., LTD.
CHAPTER Ⅰ
GENERAL PROVISIONS(Trade Name)
Article 1

The name of the Company shall be “TAIYO YUDEN Kabushiki Kaisha” andin English, “TAIYO YUDEN CO., LTD.”(Purpose)
Article 2

The purpose of the Company is to conduct the following business.
1．Manufacture and sale of electronic components, electronic devices, electric
equipment and related products;
2．Manufacture and sale of optical disks and magnetic recording media andother recording media;
3．Manufacture and sale of magnetic materials and related products;
4．Manufacture and sale of ceramic products and related products;
5．Manufacture and sale of healthcare equipment and medical supplies andrelated products;
6．Manufacture and sale of pharmaceuticals;
7．Development, production, sale and licensing of software and provision ofinformation processing services and Internet-associated services;
8．Provision of services related to various measurement and analysis;
9．Businesses related to worker dispatching, ability development, andeducation and training;
10．Businesses related to travel agency, non-life insurance agency, and life
insurance brokerage;
11．Any and all businesses incidental to or related to the above.

(Location of Head Office)
Article 3

The head office of the Company shall be located in Chuo-ku, Tokyo.

(Organization)
Article 4

The Company shall have the following organizations in addition to the General
Meeting of Shareholders and Directors.
-1-(1) Board of Directors(2) Audit & Supervisory Committee(3) Accounting Auditors(Method of Public Notice)
Article 5

Public notices of the Company shall be made electronically. However, that in
the event that such public notice can not be made due to an accident or
unavoidable reason, the public notice shall be made by publication in theNihon Keizai Shimbun.
CHAPTER ⅡSHARES(Total Number of Shares Authorized to be Issued)
Article 6

The total number of shares authorized to be issued by the Company shall be
300,000,000 shares.

(Acquisition of Own Shares)
Article 7

The Company may acquire its own shares by resolution of the Board ofDirectors through transactions in the market, etc. in accordance with theprovisions of Article 165, paragraph 2 of the Companies Act.

(Number of Shares of One Unit)
Article 8

The number of shares of one unit of shares of the Company shall be one
hundred (100) shares.

(Rights Regarding Shares Less Than One Unit)
Article 9

Shareholders of the Company may not exercise rights other than those listed
below with respect to shares less than one unit they hold:(1)Rights listed in the items of Article 189, paragraph 2 of the Companies Act;
(2)Right to make a demand under Article 166, paragraph 1 of the Companies
Act;(3)Right to receive an allotment of offered shares and offered share acquisitionrights in proportion to the number of shares held by the shareholders; and(4)Right to make the request prescribed in the following article.

(Additional Purchase of Shares Less Than One Unit)-2-

Article 10

Shareholders of the Company may, pursuant to the Share Handling
Regulations, demand the sale of a number of shares which, together with thenumber of shares less than one unit they hold, constitute one share unit.

(Record Date)
Article 111

The Company shall deem those shareholders whose names have been enteredor recorded in the last Shareholder Registry as at each year on March 31 as theshareholders holding voting rights who may exercise their voting rights at theOrdinary General Meeting of Shareholders held with respect to the businessyear concerned.

2In addition to the preceding paragraph, if necessary, an extraordinary record
date may be set with advance public notice.

(Administrator of Shareholder Registry)
Article 121

The Company shall have an Administrator of Shareholder Registry.

2

The appointment of administrator of the Shareholder Registry and the officefor handling the business of such administrator shall be determined byresolution of the Board of Directors, and the Company shall give public notice
thereof.

3

The preparation and retention of the Shareholder Registry and the registry ofstock acquisition rights of the Company, and the other matters relating to theShareholder Registry and the Registry of Stock Acquisition rights of theCompany shall be entrusted to the administrator of the Shareholder Registry,and not handled by the Company.

(Share Handling Regulations)
Article 13

Handling of shares of the Company and fees thereof shall be governed by laws
and regulations, the Articles of Incorporation as well as the Share HandlingRegulations established by the Board of Directors.
CHAPTER Ⅲ
GENERAL MEETING OF SHAREHOLDERS(Convocation)
Article 14 1

An Ordinary General Meeting of Shareholders of the Company shall be
convened within three (3) months following the last day of each business year.
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2

In addition to the preceding, Extraordinary General Meeting of Shareholders
may be convened whenever necessary.

(Convener and Chairperson)
Article 15 1

The Representative Director shall convene a General Meeting of Shareholders
and serve as the Chairperson.

2If there is more than one Representative Director, the Representative Director
with precedence given according to the order predetermined by the Board ofDirectors shall convene the meeting and serve as the Chairperson. In the eventthat the Representative Director is unable to act, another Director shall taketheir place in the order predetermined by the Board of Directors.

(Measures to Provide Information in Electronic Format)
Article 16 1

When a General Meeting of Shareholders is being convened, the Company
shall take measures to provide the information contained in the reference
documents, etc. for the General Meeting of Shareholders in electronic format.

2The Company may choose, among the matters to be provided in electronic
format, not to include all or part of the matters prescribed in the Ministry ofJustice Ordinance in the paper document to be delivered to the shareholder
who has requested the delivery of materials in paper-based format by therecord date of voting rights.

(Method of Resolution)
Article 17 1

Resolutions of a General Meeting of Shareholders shall be adopted by amajority of the voting rights of the shareholders entitled to exercise voting
rights who are present at the General Meeting of Shareholders, except in cases
provided for separately by laws and regulations or the Articles ofIncorporation.

2Resolutions pursuant to Article 309, paragraph 2 of the Companies Act shall beadopted by an affirmative vote of two-thirds (2/3) or more of the voting rightsof shareholders present at the General Meeting of Shareholders, a quorum forwhich shall be the presence of shareholders with one-third (1/3) or more of thevoting rights exercisable for such meeting.

(Proxy Voting)-4-Article 18 1

Shareholders may exercise their voting rights by proxy, who shall be anothershareholder with voting rights of the Company.

2

The shareholder or proxy is required to submit to the Company a document
evidencing their representation at each General Meeting of Shareholders.
CHAPTER Ⅳ
DIRECTORS AND THE BOARD OF DIRECTORS(Number of Directors)
Article 19 1

The number of Directors (excluding Directors who are Audit & Supervisory
Committee Members) of the Company shall be ten (10) or less.

2

The number of Directors who are Audit & Supervisory Committee Members ofthe Company shall be five (5) or less.

(Method of Election)
Article 20 1

Directors shall be elected at the General Meeting of Shareholders,distinguishing Directors who are Audit & Supervisory Committee Members
from other Directors.

2

Resolution for election of Directors shall be adopted by an affirmative vote of
the majority of the voting rights of shareholders present at the General Meetingof Shareholders, a quorum for which shall be the presence of shareholders with
one-third (1/3) or more of the voting rights exercisable for such meeting.

3

Resolutions for election of Directors shall not be by cumulative voting.

4

In accordance with the provisions of Article 329, paragraph 3 of theCompanies Act, in order to prepare for a case when the number of Directors
who are Audit & Supervisory Committee Members stipulated by laws andregulations might be insufficient, the Substitute Directors who are Audit &Supervisory Committee Members shall be appointed at the General Meeting ofShareholders.

5The effective term of the resolution for election of Substitute Director who is
an Audit & Supervisory Committee Member set forth in the preceding
paragraph shall expire at the beginning of the Ordinary General Meeting ofShareholders relating to the last business year that ends within two (2) years
after their election.
-5-(Term of Office)
Article 21

1

The term of office of Directors (excluding Directors who are Audit &Supervisory Committee Members) shall expire at the close of the Ordinary
General Meeting of Shareholders relating to the last business year that ends
within one (1) year after their election.

2

The term of office of Directors who are Audit & Supervisory Committee
Members shall expire at the close of the Ordinary General Meeting ofShareholders relating to the last business year that ends within two (2) years
after their election.

3The term of office of a Director who is an Audit & Supervisory Committee
Member who is elected as the substitute for a Director who is an Audit &Supervisory Committee Member who retired before the expiration of theirterm of office shall continue until the time the term of office of the Director
who is an Audit & Supervisory Committee Member who retired from office isto expire.

(Representative Directors)
Article 22

The Company shall appoint the Representative Directors from among Directors(excluding Directors who are Audit & Supervisory Committee Members) byresolution of the Board of Directors.

(Convener and Chairperson of the Board of Directors Meeting)
Article 23 1

The Director designated by the Board of Directors shall convene and presideover the meetings of the Board of Directors, except where otherwise provided
for by laws and regulations.

2

In the event that the Director set forth in the preceding paragraph is unable toact, another Director shall take their place in the order predetermined by theBoard of Directors.

(Notice of Convocation of the Board of Directors Meeting)
Article 241

A notices of the convocation of the meeting of the Board of Directors shall be
issued to each Director at least three (3) days prior to the date of such meeting.
However, such period may be shortened in the case of emergency.

2When all Directors give unanimous consent, the meeting of the Board ofDirectors may be held without following the convocation procedure.
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(Omission of Resolution by the Board of Directors)
Article 25

The Company may deem that resolutions to approve proposals have been
adopted by the Board of Directors for proposals submitted by Directors
regarding matters subject to resolution by the Board of Directors, when allDirectors (limited to those who are entitled to participate in the vote on suchmatters) have given their consents to the proposals in writing or throughelectronic record.

(Regulations of the Board of Directors)
Article 26

Any matter relating to the Board of Directors shall be governed by laws andregulations, the Articles of Incorporation as well as the Regulations of theBoard of Directors established by the Board of Directors.

(Remuneration)
Article 27

Remuneration, bonuses, and all other financial benefits received by Directors
from the Company in consideration of execution of the duties shall be
determined by resolution of the General Meeting of Shareholders,distinguishing Directors who are Audit & Supervisory Committee Members
from other Directors.

(Liability Limitation Agreements with Directors)
Article 28

In accordance with the provisions of Article 427, paragraph 1 of theCompanies Act, the Company may enter into agreements with Directors(excluding those who are Executive Directors) which limit the liability fordamages caused in relation to a failure to perform their duty. However, thelimit on liability for damages under the said agreements shall be the amountprovided in the laws and regulations.

(Delegation of Decisions on Execution of Significant Business to Directors)
Article 29The Company may, pursuant to the provisions of Article 399-13, paragraph 6of the Companies Act, delegate all or part of the decisions on importantbusiness execution (excluding the matters listed in the items of paragraph 5 ofthat Article) to the Directors by resolution of the Board of Directors.
CHAPTER Ⅴ
AUDIT & SUPERVISORY COMMITTEE-7-

(Full-time Audit & Supervisory Committee Members)
Article 30

The Audit & Supervisory Committee may appoint the Full-time Audit &Supervisory Committee Members by resolution.

(Notice of Convocation of the Audit & Supervisory Committee Meeting)
Article 31 1A notice of the convocation of the meeting of the Audit & Supervisory
Committee shall be issued to each Audit & Supervisory Committee Member at
least three (3) days prior to the date of such meeting. However, such period
may be shortened in case of emergency.

2

When all Audit & Supervisory Committee Members give unanimous consent,
the meeting of the Audit & Supervisory Committee may be held without
following the convocation procedure.

(Regulations of the Audit & Supervisory Committee)
Article 32

Any matter relating to the Audit & Supervisory Committee shall be governedby laws and regulations, the Articles of Incorporation as well as theRegulations of the Audit & Supervisory Committee established by the Audit &Supervisory Committee.
CHAPTER Ⅵ
ACCOUNTS(Business Year)
Article 33

The business year of the Company shall be from April 1 of each year to March
31 of the following year.

(Surplus Dividends)
Article 34

Surplus dividends shall be paid to shareholders or registered share pledgees
whose names have been entered or recorded in the last Shareholder Registry on
March 31 of each year.

(Interim Dividends)
Article 35

By resolution of the Board of Directors, the Company may pay interim
dividends to shareholders or registered share pledgees whose names have beenentered or recorded in the last Shareholder Registry on September 30 of eachyear.

(Period of Limitation for Surplus Dividends)-8-Article 36

The Company shall be exempted from the obligation of paying surplus
dividends and interim dividends when they remain unreceived for three (3)years after the date of the commencement of payment thereof.
SUPPLEMENTARY PROVISIONS(Transitional Measures Relating to Liability Limitation Agreements with Audit & Supervisory
Board Members)
Agreements to limit any liability for damages under Article 423, paragraph 1 of the Companies
Act relating to acts by Audit & Supervisory Board Members (including those who were Audit &Supervisory Board Members) prior to the close of the 83rd Ordinary General Meeting ofShareholders shall be governed in accordance with Article 34 of the Articles of Incorporation
prior to the amendments made by resolution at the said Ordinary General Meeting ofShareholders.

-9-Prepared March 1, 1950
Notary certified March 18, 1950
Amended April 28, 1969
Amended April 30, 1970
Amended October 31, 1972
Amended April 28, 1973
Amended April 30, 1975
Amended May 27, 1977
Amended May 28, 1982
Amended May 26, 1983
Amended May 26, 1988
Amended June 27, 1991
Amended June 29, 1994
Amended June 26, 1998
Amended June 27, 2002
Amended June 27, 2003
Amended June 29, 2004
Amended June 29, 2005
Amended June 29, 2006
Amended June 28, 2007
Amended June 27, 2008
Amended June 26, 2009
Amended June 29, 2010
Amended May 25, 2011
Amended June 29, 2016
Amended June 29, 2017
Amended June 29, 2022
Amended June 27, 2024

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