AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Yageo: discussed conditions with Japan ministry over purchase
ByAinvest
Wednesday, Aug 27, 2025 2:46 am ET1min read
Yageo: discussed conditions with Japan ministry over purchase
In a significant development in the ongoing bidding battle for Shibaura Electronics, Taiwan's Yageo has discussed the proposed acquisition with the Japanese Ministry of Finance. The discussions come as Yageo seeks national security clearance for its unsolicited offer to acquire the Japanese thermistor sensors maker.Yageo, the world's largest maker of chip resistors, raised its tender offer price for Shibaura Electronics by 7% to 6,635 yen a share on August 22. This move effectively makes the outcome of the Japanese government's ongoing national security review for the foreign takeover a key determinant in the acquisition process [2].
The Japanese government has extended the review process twice, which has raised concerns about the possibility of Yageo's offer being completed. Minebea Mitsumi, the rival bidder brought in by Shibaura to counter Yageo's offer, has stated that it will neither raise its offer nor extend the offer deadline past August 28. Minebea's CEO, Yoshihisa Kainuma, had previously indicated that his company could win if Yageo's potential hike was within 200 yen to 300 yen [2].
The acquisition of Shibaura by Yageo has been seen by investors as a test of Japan's openness to unsolicited takeovers. Yageo's new price values Shibaura at 101 billion yen ($684.5 million), up from the previously offered 94 billion yen. Yageo also extended its offer period to September 4 from August 28 [2].
The discussions with the Japanese Ministry of Finance come as Japan faces rising interest rates and increased debt-servicing costs. The Japanese finance ministry is planning to request a record $220 billion for debt-servicing costs in the next financial year's budget, highlighting the country's struggle to rein in spending [1].
References:
[1] https://www.reuters.com/markets/asia/japan-ministry-request-record-sum-debt-servicing-costs-draft-shows-2025-08-26/
[2] https://www.reuters.com/markets/emerging/taiwans-yageo-sweetens-offer-japans-shibaura-security-clearance-key-2025-08-21/
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet