MinebeaMitsumi's tender offer for Shibaura Electronics fails

MinebeaMitsumi Inc. announced the results of its tender offer for common shares of Shibaura Electronics Co., Ltd., which concluded on September 11, 2025. The tender offer aimed to acquire all outstanding shares of Shibaura Electronics, excluding those held by the target company itself. The offer price was 6,200 yen per share.

The tender offer required a minimum of 7,539,900 shares to be tendered for the acquisition to proceed. However, a total of 3,564,382 shares were tendered, falling short of the stipulated minimum. Consequently, MinebeaMitsumi will not purchase any of the tendered shares.

This outcome means MinebeaMitsumi’s ownership ratio in Shibaura Electronics remains unchanged at 0.00% before and after the tender offer. The company stated that there are no further plans regarding this acquisition.