TDK was founded in 1935 to commercialize ferrite, a magnetic material. The innovation of TDK’s founder created great value to the world that had not existed before. He believed strongly in the potential of ferrite and built a venture business with origins at the Tokyo Institute of Technology even though the new material’s wide-ranging uses were yet to be discovered. TDK has continued to create products with originality and a high level of value through manufacturing excellence —Monozukuri— making use of the five core technologies of materials technology starting with ferrite; process technology to maximize all of a material’s properties; evaluation and simulation technology; production engineering technology; and product design technology.