Consolidated Financial Results for the Year Ended March 31, 2015

and

Future Management Policies

Eiji Watanuki President and Chief Executive Officer

May 11, 2015

2

【Summary of FYE March 2015】 Ferrite and applied products and integrated modules & devices grew in line with projections Composition ratio of super high-end products grew in line with projections Sales opportunities for capacitors missed due to shortage of capacity to meet sharp expansion

in demand Negative impact on operating income from temporary costs of 2.9 billion yen recorded

Summary of Consolidated Results (Y/Y)

¥ in billion FYE March 2014 (01 Apr 2013 – 31 Mar 2014)

FYE March 2015 (01 Apr 2014 – 31 Mar 2015)

Increase/(Decrease)

% Amount

Net sales 208.2 227.1 9% 18.9

Operating income 11.4 13.2 16% 1.8

Ordinary income 12.2 15.7 28% 3.5

Net income 7.0 10.9 56% 3.9 *The numbers are rounded off.

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Substantial improvement in profitability thanks to expansion of super high-end products Operating income ： 1H ¥2.5 billion → 2H ¥10.7 billion

Net Sales and Operating Margin for FYE March 2015

-2%

0%

2%

4%

6%

8%

10%

12%

0

10

20

30

40

50

60

70

1Q 2Q 3Q 4Q

Net sales

Operating margin

¥ in billion

4

Five Bases Initiatives Our Goal

Increase sales of growth equipment and focus markets*

Product Expand sales of super high-end

/next high-end products

Customer Establish a high status

Achieve positive net cash position

• Carry out the super high-end product strategy aimed at leading the market : 1. Product that obtains the top position

in the global market 2. Product that only 2.5 suppliers can

develop in the field 3. Product that provides solutions for

growth market 4. Product that sustains strong

competitive edge • Increase product lineup for focus markets • Expand and diversify commercial distribution

Net income management by each in-house mini-company

More than 50% sales ratio

Expand focus markets

More than 30% sales ratio

Improvement of the corporate structure Finance

• Net sales: over ¥300 billion • Operating income: Company

record levels • ROE: above 10%

Medium-term targets

Market Expand super high-end products

Training, promotion and better use of human resources

Human resources Fair evaluation and treatment

Mobility of human resources for better personnel use

Global human resource strategy

*Focus markets: Automobiles, Industrial equipment, Healthcare, Environmental energy

Growth strategy

Basic Strategies for Achieving Medium-term Targets

○ Smartphones driving electronics industry

Inductors Small size

High current High reliability

MLCC Ultra-small

High capacitance High reliability

¥18 trillion （CY2012）→¥30 trillion （CY2020） Infotainment：

1.7 times

RF devices (FBAR/SAW) Small size

High performance

Body： 1.6 times

Safety： 1.9 times

Power-train： 1.7 times

• Multi-banding • Higher CPU

performance

• 4-5% growth in unit numbers

• Accelerating computerization

Greater demand for high function components (acceleration of super high-end usage)

Source：JEITA (December 2013)

Ensure position through focused investment

Strong demand for electronic components

0.0

0.5

1.0

1.5

2.0

2014 2015 2016 2017

LTE Others

Billion units Use of LTE progressing steadily

5

Two Major Trends Surrounding Our Business

○ Expansion in car electronics market: 1.7 times

0201 0603 1005

0402

Mass production of world’s smallest 0201 size

6

Aiming to make 1000μF a reality

To be world’s No.1 in super high-end products

Ultra-miniaturization

1005-90umMAX ★Advancing materials technologies

(In-house development, super fine particles, dispersion)

★Advancing multi-layer technologies

★Investing in boosting production with productivity improvement

MLCC

Ultra high capacity

Ultra-low profile

Mass production of world’s biggest capacity 330μF・470μF

Mass production of world’s thinnest 110μm product

Mass production of further low profile products, 90μm, in the second half

Expansion of material lineup ＋

Advancing winding/multi-layering process technologies

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All-around adaptation for large to small and low profile products through flexible

development

2013

2014

ME series High-spec

MA series Small size standard

2012

EST series Large/high current

MA-H series Upgrade product of MA

MB series Cost-effective

2015

MD series Large/low profile

MC series Ultra small/low profile

Power Inductors

Expand MCOILTM product lineup Monthly production:

400 million ⇒ 600 million units

To be world’s No.1 in super high-end products

8

CA化、多ﾊﾞﾝﾄﾞ化

高周波化

Frequency 1GHz 2GHz 3GHz

Tech

nolo

gy c

ompl

exity

SAW Band20

GPS

Band28

～2014 2015 2016～ 4G LTE

LTE-Advanced (CA/MIMO)

Band expansion (～3.8GHz・5GHz LAA) Carrier aggregation and multi-band

Differentiation based on FBAR/SAW hybrid technology Dominant position in high frequency, narrow adjacent bandwidth

High-Q SAW Next

Band 25 Band 3

Band 7 Band 40

Wi-Fi

Band 41

High-Q FBAR TC- FBAR

Next Band 42

Band 43

Band 1 Band 4

TC-SAW FBAR/TC-SAW Band 13 Band 8 Band 26

FBAR/SAW

Band 2

Band12 Band17 Band 5

FBAR/SAW Devices for Mobile Communications

High frequency and narrow adjacent bandwidth

To be world’s No.1 in super high-end products

Acquired 15,000,000 shares in ELNA Co., Ltd. and concluded a capital and business alliance to co-develop large electric double layered capacitors and lithium ion capacitors for automotive and industrial equipment markets

Mass production of motor-drive regeneration system Mass production of wireless monitoring system

• For use in power-assisted bicycles • Expand into small agricultural

machinery and wheelchairs, etc.

9

Power source technology

Wireless technology

Integrating technology

System solution proposals

combining core technologies

HV Inverter ■Car electronics market

■Industrial equipment (environmental and energy market) and Healthcare products

Surface treating technology

Multilayer technology

Optics technology

Ceramic capacitors for power circuit

Fail safe Soft-termination, frame type ceramic capacitors

Piezoelectric actuators (lead-free)

Active dumper

Next High-end Product

• SolmivTM for use at photovoltaic power plants

Product release of optical displacement sensor

High precision measurement of torque and displacement

Product release of visible light communication system

Ultra-high speed communication in locations where radio waves cannot be used

0%

10%

20%

30%

40%

50%

60%

0

50

100

150

200

250

300

350

FYE Mar 2015

FYEMar 2016

Medium-term target

¥ in billion Net Sales and KPI

Focus market

Operating margin

50%

30%

13%

10

MCOILTM

FBAR/SAW Head office (Ome, Tokyo)

Tokorozawa Plant (Saitama, Japan)

Centralized in Ome from Suzaka and Shin Yokohama, boosted capacity at Tokorozawa

Super high-end products

TAIYO YUDEN Mobile Technology

That’s Fukushima Chuki Seiki (Wakayama, Japan)

MLCC NIIGATA TAIYO YUDEN TAIYO YUDEN (SARAWAK)

Strategic Investment and Principal Sites

Commenced mass production at That’s Fukushima, constructing new building at Chuki Seiki

Constructing new buildings in Niigata and Malaysia (Sarawak)

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¥ in billion FYE March 2015

Actual FYE March 2016

Forecast

Increase/(Decrease)

% Amount

Net sales 227.1 244.0 7% 16.9

Operating income 13.2 19.0 45% 5.8

Ordinary income 15.7 19.0 21% 3.3

Net income 10.9 12.0 10% 1.1

Exchange rate (1US $) ¥108.42 ¥118.00 - -

【Dividend Policy】 Achieve positive net cash and aim for 30% total return ratio FYE March 2015: 10 yen annual dividend (interim: 5 yen, year-end: 5 yen) FYE March 2016: 15 yen annual dividend (interim: 5 yen, year-end: 10 yen)

*The numbers are rounded off.

Earnings Forecast and Dividend Policy for FYE March 2016

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This document contains information about the plans, business results, and strategies of TAIYO YUDEN CO.,

LTD. and the TAIYO YUDEN Group. These forward-looking statements other than historical facts represent

judgments made by the Company based on information available at present and are inherently subject to a

variety of uncertainties. TAIYO YUDEN cannot provide any guarantee as to the attainment of certain figures in

the future. The Company’s actual activities and business results could differ significantly due to changes

including, but not limited to, changes in the electronics market in which the Company’s business activities are

centered. Readers should not overly rely on the information contained in this document.

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