ALEXANDRIA, Va., Sept. 30 -- United States Patent no. 12,431,270, issued on Sept. 30, was assigned to PANASONIC INTELLECTUAL PROPERTY MANAGEMENT Co. LTD. (Osaka, Japan).

"Magnetic component and electric device" was invented by Junichi Kotani (Hyogo, Japan), Osamu Moriya (Nara, Japan) and Kanako Sugimura (Osaka, Japan).

According to the abstract* released by the U.S. Patent & Trademark Office: "A magnetic component is configured to be used with a coil wound about a center axis along an axis direction. A first magnetic member is configured such that magnetic flux generated by the coil passes therethrough, extends in the axis direction to have first and second ends, and has a portion overlapping with the coil viewed perpendicular to the axis...