TDK to divest automotive power supply business to Astemo for ¥4.3bn

TDK Corporation's board of directors resolved on September 25, 2025, to transfer its new development business for automotive power supply to Astemo, Ltd. The company anticipates receiving ¥4,300 million as consideration for this transfer. The split is scheduled to become effective on April 1, 2026, following a planned contract signing on February 12, 2026.

This divestiture aligns with TDK's "TDK Transformation" long-term vision and medium-term plan, which emphasizes strengthening management and enhancing business portfolio management. The automotive power supply business involves developing, designing, manufacturing, and selling DC-DC converters and on-board chargers for hybrid and electric vehicles.

TDK will discontinue accepting new projects in this segment, though it will continue to manufacture and supply products for existing customer orders. A gain on sale of ¥4,300 million related to this transaction is expected to be recorded in the consolidated financial results for the fiscal year ending March 2027.