Shibaura Electronics receives response from YAGEO on tender offer

Shibaura Electronics announced today that it has received a response from YAGEO Electronics Japan, LLC, concerning the tender offer for Shibaura's common stock. This follows Shibaura's initial expression of reservation on the YAGEO tender offer, as announced on May 21, 2025. Shibaura had posed questions to YAGEO under Article 27-10, Paragraph 2, Item 1 of the Financial Instruments and Exchange Act. The company's board will assess YAGEO's response, alongside other related information. Shibaura will continue to maintain its support for the tender offer by Minebea Mitsumi, while deciding whether to support the Yageo offer. Shibaura Electronics urges shareholders to carefully review all disclosed information. The full details of YAGEO's response can be found on the EDINET disclosure system and in Shibaura's release titled "Notice Regarding Submission of Answers to Questions Concerning the Tender Offer for Our Shares"