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TDK Corporation (hereinafter "TDK") has signed a basic agreement with NIPPON CHEMICAL INDUSTRIAL CO., LTD. (President: Hirota Tanahashi, hereinafter "NIPPON CHEMICAL INDUSTRIAL") to begin considering the establishment of joint venture related to the development of electronic component materials and manufacturing processes. This includes ceramic materials for multilayer ceramic capacitors (MLCCs), which both companies manufacture.
Since its founding, NIPPON CHEMICAL INDUSTRIAL has a history of over 130 years and has been stably manufacturing and selling a wide range of products, with inorganic chemicals as its main focus, as well as electronic materials and organic chemicals.
For over 90 years, TDK has shaped the world from within; from the pioneering ferrite cores to powering the digital age with advanced components, sensors, and batteries, leading the way towards a more sustainable future.
By combining the technological capabilities and development and evaluation expertise of TDK and NIPPON CHEMICAL INDUSTRIAL, both companies aim to accelerate the speed of research and development, shorten the lead time from prototyping and evaluation to market launch, and establish a scheme that can quickly respond to customer needs.
Both companies will proceed with discussions toward the establishment of joint venture based on this basic agreement.
About NIPPON CHEMICAL INDUSTRIAL CO., LTD
Nippon Chemical Industrial Co., Ltd, (head office located in Tokyo) (nippon-chem.co.jp) is a chemical manufacturer that has contributed to social development through the manufacturing and development of chemical products since its founding in 1893. With a history spanning over 130 years, it focuses on the harmony between people and the natural environment based on its company philosophy of “We are treating humanity treasuring technology with good care” and it is aiming to realize dreams with the unlimited potential of chemistry.
Since it was founded, Nippon Chemical Industrial has focused on reducing excessive import dependency by utilizing resources in Japan with a slogan of domestic production of chemical products. Following the war, the company developed fused phosphate (Phosphate fertilizer) and calcium-silicate fertilizer in order to alleviate food crises caused by shortages of materials and fertilizer, which has contributed to society. For over 100 years, the company has refined fundamental technologies of inorganic chemistry centered on phosphorus and chromium products, evolving them into high-value-added functional materials. Over the past 50 years in particular, it has developed barium titanate and phosphine derivatives that are used for electronic materials, both of which serve as key products that support its current businesses. Such technological innovation has contributed to the development of today’s digital society and laid the foundation for a sustainable future.
The company’s cutting-edge chemical technologies are used in a variety of fields, including food, energy, semiconductors, and electronic components, supporting our daily lives and industries. Moreover, it values its creeds of sincerity, responsibility, creation, and challenge, and is engaging in the development of new products and solutions to resolve social issues while deepening its core technologies.
Its consolidated sales for the fiscal year ending March 2025 are approximately 38.8 billion yen, and the total number of employees (consolidated) is approximately 732.
About TDK Corporation
TDK Corporation (tdk.com) is a global technology company and innovation leader in the electronics industry, based in Tokyo, Japan. With the tagline “In Everything, Better” TDK aims to realize a better future across all aspects of life, industry, and society. For over 90 years, TDK has shaped the world from within; from the pioneering ferrite cores to cassette tapes that defined an era, to powering the digital age with advanced components, sensors, and batteries, leading the way towards a more sustainable future. United by TDK Venture Spirit, a start-up mentality built on visions, courage and mutual trust, TDK’s passionate team members around the globe pursue better for ourselves, customers, partners, and the world. Today, the state-of-the-art technologies of TDK are in everything, from industrial applications, energy systems, electric vehicles, to smartphones and gaming, at the core of modern life. TDK’s comprehensive, innovative-driven portfolio includes cutting-edge passive components, sensors and sensor systems, power supplies, lithium-ion and solid-state batteries, magnetic heads, AI and enterprise software solutions, and more featuring numerous market-leading products. These are marketed under the product brands TDK, EPCOS, InvenSense, Micronas, Tronics, TDK-Lambda, TDK SensEI, and ATL. Positioning the AI ecosystem as a key strategic area, TDK leverages its global network across the automotive, information and communication technology, and industrial equipment sectors to expand its business in a wide range of fields. In fiscal 2025, TDK posted total sales of USD 14.4 billion and employed about 105,000 people worldwide.
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