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EXHIBIT 15.

SHARE HANDLING REGULATIONS

(English translation)

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[Translation]

SHARE HANDLING REGULATIONS

Amended as of June 27, 2003

TDK Corporation

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SHARE HANDLING REGULATIONS

CHAPTER I
GENERAL PROVISIONS

(Object)



|Article 1. |  | In accordance with Article 9 of the Articles of Incorporation,
the denominations of the share certificates of the Company,
handling procedures for shares and fees therefor shall be
governed by these Regulations.
|---------- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|          
|           |  | Provided, however, that handling procedures with respect to
shares held by the beneficial shareholders shall be set forth
in Chapter X of these Regulations.                                                       

(Transfer agent)



|Article 2. |  | The Companys transfer agent, its place of business and
forwarding offices are as follows:
|---------- |  | ------------------------------------------------------------------------------------------



| |  | Transfer agent:
| |  | ---------------

| |  |  | The Chuo Mitsui Trust & Banking Co., Ltd.
33-1 Shiba, 3-chome
Minato-ku, Tokyo
| |  |  | ------------------------------------------------------------------------------



| |  | Place of business:
| |  | ------------------

| |  |  | The Chuo Mitsui Trust & Banking Co., Ltd.
33-1 Shiba 3-chome
Minato-ku, Tokyo (Head Office)
| |  |  | -------------------------------------------------------------------------------------------



| |  | Forwarding offices:
| |  | -------------------

| |  |  | All branch offices of The Chuo Mitsui Trust & Banking Co.,
Ltd. and all branches offices of Japan Securities Agents, Ltd. in
Japan
| |  |  | ----------------------------------------------------------------------------------------------------------------------------------

(Denominations of share certificates)



|Article 3. |  | The share certificates to be issued by the Company
shall be in denominations of 100 shares, 500 shares
and 1,000 shares.
Provided, however, that share certificates
representing the number of shares less than 100 shares
may be issued for the shares constituting less than
100 shares.
|---------- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2. | The shareholders shall not apply for the issuance of share certificates
representing the number of shares constituting less than one unit as set
forth in Section 2, Article 5 of the Articles of Incorporation
(hereinafter referred to as the Share(s) Constituting Less Than One
Unit) out of the share certificates in the preceding paragraph, except as
provided for in the Article 17 (Re-issuance of share certificates due to
mutilation or defacement), Article 18 (Re-issuance
| | -- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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| |  |  | of share certificates due to a filled column) and Article 22
(Re-issuance of share certificates due to invalidation) hereof.
| |  |  | ----------------------------------------------------------------------------------------------------------------------------

(Application and notice, etc.)



|Article 4. |  | The procedures for applications and notices, etc. with
respect to business entrusted to the transfer agent by the
Company shall be addressed to the transfer agent.
|---------- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2. | All applications, notices, requests or notification to be made under
these Regulations shall be in the form prescribed by the Company and shall
be impressed with the seal filed with the Company in accordance with the
provisions of Article 11 hereof.                                                                                                            
| | -- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | 3. | With respect to any application, notice, request or notification in the
preceding paragraph, in the event that it is made or given by a proxy, a
document evidencing his/her power shall be submitted to the Company. In
the event that it requires the consent of his/her curator or assistant, a
document evidencing the consent shall be submitted to the Company.

CHAPTER II
REGISTRATION OF TRANSFER OF SHARES

(Registration of transfer of shares)



|Article 5. |  | In case of an application for registration of a
transfer of shares, a written application form shall be
submitted together with the share certificates.
|---------- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2. | In case of an application for the registration of the transfer of shares
acquired due to causes other than assignment, in addition to taking the
procedures prescribed in the previous section, a document evidencing the
acquisition thereof shall be submitted. Provided, however, that in case
the share certificates concerned have not been issued, no submission
thereof shall be required.
| | -- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(Registration of transfer of shares when specific procedures therefor
are provided for in law and ordinance)



|Article 6. |  | In the event that a specific procedure
is required by law or ordinance with
respect to the transfer of shares, a
written application form shall be
submitted together with share
certificates concerned and a document
evidencing the completion of such
procedure.
|---------- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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CHAPTER III
REGISTRATION OF PLEDGE AND INDICATION OF TRUST PROPERTY

(Registration of pledge or cancellation thereof)



|Article 7. |  | In case of an application for the
registration, change or cancellation of a
pledge for shares, a written application form
shall be submitted under joint signatures of
the pledgor and pledgee together with the
share certificates concerned.
|---------- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(Indication of trust property or cancellation thereof)



|Article 8. |  | In case of an application for indication of
trust property or cancellation thereof for
shares, a written application form shall be
submitted by a trustor or a trustee, together
with the share certificates concerned.
|---------- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

CHAPTER IV
NON-POSSESSION OF SHARE CERTIFICATES

(Request of non-possession of share certificates)



|Article 9. |  | In case of a request for the non-possession
of share certificates, a written request
shall be submitted together with the share
certificates concerned. Provided, however,
that in case of the share certificates
concerned have not been issued, no
submission thereof shall be required.
|---------- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(Request for delivery of non-possessed share certificates)



|Article 10. |  | In the event that a shareholder who has
requested non-possession of share
certificates applies for the issuance or
return of such share certificates, a written
application form to that effect shall be
submitted. Provided, however, that if such
share certificates are treated as unissued,
the shareholder is unable to apply for the
issuance of share certificates representing
the Shares Constituting Less Than One Unit.
|----------- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

CHAPTER V
VARIOUS NOTICES

(Notice of address, name and seal impression)



|Article 11. |  | Shareholders, registered pledgees or their legal
representatives shall notify the Company of their
addresses, names and seal impressions. Provided,
however, that foreigners may substitute their
specimen signatures for such seal impressions.
|----------- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2. | The same shall apply in case of any change in the matters notified
pursuant to the preceding paragraph.
| | -- | -------------------------------------------------------------------------------------------------------

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(Notice of place for receiving notices for shareholder residing abroad, etc.)



|Article 12. |  | Shareholders, registered pledgees or their legal representatives residing abroad shall,
in addition to procedures stipulated in the preceding Article, appoint a standing proxy
in Japan or designate an address in Japan to receive notices in advance and notify the
Company thereof.
|----------- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2. | The provisions of the preceding
Article shall apply mutatis mutandis to
the standing proxy.
| | -- | -------------------------------------------------------------------------------------------

(Representative of corporation)



|Article 13. |  | If shares are owned by a corporation, such corporation
shall notify the Company of its representative.
|----------- |  | ------------------------------------------------------------------------------------------------------



| | 2. | In case of any change in the above, a written notice shall be submitted
together with a certified extract copy of the commercial register.
| | -- | ------------------------------------------------------------------------------------------------------------------------------------------

(Representative of co-shareholders)



|Article 14. |  | Shareholders who co-own shares shall appoint a representative and
submit a prescribed notice from under their joint signatures together with the
related share certificates.
|----------- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2. | The same shall apply to the change of the representative.
| | -- | ---------------------------------------------------------

(Alteration of indications in the register of shareholders and the share certificates)



|Article 15. |  | In case of any changes in indications of the register of shareholders and share
certificates due to any of the following events, a written notice shall be
submitted together with the share certificates and any documents evidencing the
fact of the following events. Provided, however, that in case the share
certificates have not been issued, no submission thereof shall be required:
|----------- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 1. | Alteration of a surname or a first name;                                                                                  
| | -- | --------------------------------------------------------------------------------------------------------------------------
|
| | 2. | Establishment, alteration or discharge of legal representative such as a
person in parental authority or a guardian, etc.;
|
| | 3. | Alteration of a trade name or corporate name; and                                                                         
|
| | 4. | Alteration of an organization of a corporate entity.                                                                      

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CHAPTER VI
RE-ISSUANCE OF SHARE CERTIFICATES

(Re-issuance of share certificates due to sub-division or consolidation)



|Article 16. |  | In case of an application for
issuance of new share certificates
due to sub-division or consolidation
of share certificates, a written
application form shall be submitted
together with the share certificate
concerned.
|----------- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2. | No application shall be made for the issuance of share certificates
representing the Shares Constituting Less Than One Unit due to
sub-division or consolidation of share certificates.
| | -- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(Re-issuance of share certificates due to mutilation or defacement)



|Article 17. |  | In case of an application for issuance
of new share certificates due to
defacement or mutilation of share
certificates, a written application
form shall be submitted together with
the related share certificates.
Provided, however, that if it is
difficult to ascertain the authenticity
of the share certificates, the
provisions of Chapter VII shall apply.
|----------- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(Issuance of share certificates due to a filled column)



|Article 18. |  | In the event that the column of the
shareholders names on a share
certificate is filled out, the Company
shall collect such share certificates
and shall issue a new share
certificate.
|----------- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(Automatic consolidation of the Shares Constituting Less Than One Unit)



|Article 19. |  | In the event that share certificates
representing the Shares Constituting
Less Than One Unit are submitted for
registration of the transfer of
shares and any combination of such
certificates could represent the
number of shares constituting one
unit, such certificates shall be
combined into share certificates
representing shares constituting one
unit unless an applicant for such
registration of the transfer of
shares specifically expresses his/her
intention otherwise.
|----------- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

CHAPTER VII
RE-ISSUANCE OF SHARE CERTIFICATES DUE TO LOSS

(Application for registration of lost share certificates or cancellation thereof)



|Article 20. |  | A person applying for the registration of lost share certificates shall submit a
written application form together with a document evidencing the fact of the
acquisition of share certificates, a document evidencing the fact of the loss of such
share certificates and a document identifying himself/herself as the same person.
Provided, however, that in case of a person applying for the
|----------- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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| |  | registration of lost share certificates is a nominee or registered
pledgee of the registered lost share certificates, only a document
evidencing the fact of the loss of share certificates shall be
attached to a written application form.
| |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2. | In the event that a person who registered lost share certificates applies
for the cancellation of the registration made under the preceding
paragraph, a written application form shall be submitted.
| | -- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(Application for objection to registration of lost share certificates)



|Article 21. |  | In case of an application for the
objection to the registration of lost
share certificates, a written
application form shall be submitted
together with the share certificates
concerned and a document identifying
himself/herself as the same person.
Provided, however, that in case of an
objection applied for by shareholders
or registered pledgees, no submission
of a document identifying
himself/herself as the same person
shall be required.
|----------- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(Re-issuance of share certificates due to invalidation)



|Article 22. |  | In case of an application for
re-issuance of share certificates due
to invalidation of share certificates,
a written application form shall be
submitted.
|----------- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------

(Application mutatis mutandis to various notices)



|Article 23. |  | In the event that a person who registered lost
share certificates is not a shareholder or
registered pledgee, when altering the statement
or record of the register of lost share
certificates, the provisions of Article 11 to
Article 15 hereof shall apply mutatis mutandis.
|----------- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

CHAPTER VIII
PURCHASE OF THE SHARES CONSTITUTING LESS THAN ONE UNIT

(Application for purchase)



|Article 24. |  | In case of an application for the purchase of the Shares
Constituting Less Than One Unit, a written application form
shall be submitted together with the share certificates
concerned to the place of business for handling shares or
the forwarding offices provided for in Article 2. Provided,
however, that in case the share certificates have not been
issued, no submission thereof shall be required.
|----------- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(Purchase price)



|Article 25. |  | The purchase price per Share Constituting Less Than One Unit
shall be the last sale price of the shares of the Company
reported by the Tokyo Stock Exchange on the day on which the
written application form and the share certificates
|----------- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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| |  | concerned have been received at the place of business or forwarding
offices provided for in Article 2. Provided, however, that in case
no trading is effected on that day or such day falls on a holiday of
such stock exchange, the purchase price shall be the price at which
the shares of the Company are first traded on such stock exchange
subsequent thereto.
| |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(Payment of purchase price)



|Article 26. |  | The purchase price shall be paid to the applicant at the
place where the application for purchase was made on the
sixth business day immediately following the day on which
the purchase price in the preceding Article is determined.
Provided, however, that when such purchase prices cum right
for dividends, stock splits, warrants to subscribe for new
shares or the like, the purchase price shall be paid on or
prior to the record date or the day immediately preceding
the day on which the register of shareholders is closed or
the day set for allotment of such dividends, etc.
|----------- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 2. | The applicant for purchase of shares by the Company may require that
payment of the purchase price shall be made by remitting to the bank
account or the post office account designated by such applicant.
| | -- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | 3. | At the time of remitting the purchase price, the handling fee provided
for in Article 28, Section 3 shall be deducted.                                                                                    

(Transfer of shares purchased)



|Article 27. |  | The Shares Constituting Less Than One Unit for which an
application for purchase has been made shall be
transferred to the Company on the day on which payment of
the purchase price or procedures for payment is completed
pursuant to the preceding Article.
|----------- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

CHAPTER IX
HANDLING FEES

(Handling fees)



|Article 28. |  | Handling fees for handling of the shares of the Company shall be as follows:
|----------- |  | ----------------------------------------------------------------------------



| | 1. | In case of delivery of share certificates pursuant to Article 10 (Request
for delivery of non-possessed share certificates) and Article 17
(Re-issuance of share certificates due to mutilation or defacement):
| | -- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| |  | The fee shall be ¥250 per share certificate
| |  | -------------------------------------------

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| | 2. | In case of an application for the registration of lost share certificates
pursuant to Article 20 (Application for registration of lost share
certificates or cancellation thereof):
| | -- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| |  | The fee shall be ¥8,600 per application for the
registration of lost share certificates and ¥500 per
share certificate which will be registered as the
lost share certificate.
| |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 3. | Handling fee for the application for the purchase of the Shares
Constituting Less Than One Unit pursuant to Article 24 (Application for
purchase):
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------



| |  | The fee shall be an amount equivalent to the
brokerage fee for trading of shares, as determined
separately.
| |  | -----------------------------------------------------------------------------------------------------------

CHAPTER X
SPECIAL EXCEPTIONS CONCERNING BENEFICIAL SHAREHOLDERS

(Registration or recordation on register of beneficial shareholders)



|Article 29. |  | Registration or recordation on the
register of beneficial shareholders
shall be made in accordance with the
notice from The Japan Securities
Depositary Center, Inc. (hereinafter
referred to as the Center) concerning
the beneficial shareholders and
beneficial shareholders form.
|----------- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(Beneficial shareholders form)



|Article 30. |  | Beneficial shareholders shall submit
the beneficial shareholders form
through a participant in the central
depositary and book-entry delivery
system of share certificates
(hereinafter referred to as the
Participant).
|----------- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(Addition)



|Article 31. |  | In the event that a shareholder entered
or recorded in the register of
shareholders is identified with a
beneficial shareholder entered or
recorded in the register of beneficial
shareholders according to the address
and the name, the number of shares of
each of such shareholders shall be
added up with regard to the exercise of
the right of shareholders.
|----------- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(Various notices by beneficial shareholders)



|Article 32. |  | The provisions of Chapter V shall apply
mutatis mutandis to the beneficial
shareholders. Provided, however, that
no submission of share certificates is
required in case of alterations of the
indications in the register of
beneficial shareholders.
|----------- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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| | 2. | Beneficial shareholders shall submit notices provided for in the
preceding paragraph through the Participant.
Provided, however, that no beneficial shareholder is required to
submit any notification through the Participant in case of a change
only of his/her seal impression.
| | -- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(Purchase of the shares constituting less than one unit
of shares held by beneficial shareholders)



|Article 33. |  | The provisions of Chapter VIII shall apply
mutatis mutandis to the beneficial
shareholders. Provided, however, that
beneficial shareholders shall apply for
purchase of the shares constituting less than
one unit through the Participant and the
Center.
|----------- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(Others)



|Article 34. |  | The procedures for handling the beneficial shareholders shall be
governed by the regulations of Center as well as in accordance with this
Chapter.
|----------- |  | --------------------------------------------------------------------------------------------------------------------------------------------------

Handling Fee for Application for Purchase of Shares Constituting Less Than One Unit

The fee to be charged pursuant to Section 3, Article 28 of the Share
Handling Regulations (handling fees for an application to purchase shares
constituting less than one unit) shall be obtained by prorating the fee per
one unit, calculated according to the following formula (the unit fee),
to the shares constituting less than one unit purchased.

(Formula for the unit fee)

The unit fee shall be an amount equivalent to the percentage of the
purchase price per unit obtained by multiplying the purchase price per
share of the Company, as determined in accordance with Article 25, by the
number of shares constituting one unit:

|                                                         |  |          |       |  
|-------------------------------------------------------- |  | -------- | ----- | -
|Purchase price per unit                                  |  | Fee rate
|                                                         |  |         
|Less than and including ¥1 million                       |  |          | 1.150 | %
|Over ¥1 million but less than and including ¥5 million   |  |          | 0.900 | %
|Over ¥5 million but less than and including ¥10 million  |  |          | 0.700 | %
|Over ¥10 million but less than and including ¥30 million |  |          | 0.575 | %
|Over ¥30 million but less than and including ¥50 million |  |          | 0.375 | %
|(Any amount less than ¥1 is to be disregarded.)          |  |          |       |  

Provided, however, that in the case that the fee per unit is less than
¥2,500, such fee shall be ¥2,500.

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