TDK Corp says Chinese export restrictions on rare earths make procurement extremely difficult
Japanese components manufacturer TDK Corp is facing supply challenges due to Chinese export bans. The firm is using stockpiles and seeking alternative sources.
Insights:
Japanese components manufacturer TDK Corporation has reported that Chinese export restrictions on dual-use items, including rare earths, are significantly constraining its materials procurement. This development follows a ban implemented by China 
CNlast month on the export of dual-use items that can be used for military purposes to Japan 
JPamid an ongoing diplomatic dispute between the two nations.
CNlast month on the export of dual-use items that can be used for military purposes to Japan JPamid an ongoing diplomatic dispute between the two nations.Speaking at an earnings briefing, TDK CorporationChief Financial Officer Tetsuji Yamanishi tetsuji yamanishistated that the procurement of these materials has reached an extremely difficult stage. Tetsuji Yamanishiclarified that the actual impact on the company began last year rather than in January.
