MinebeaMitsumi's tender offer for Shibaura Electronics falls short

MinebeaMitsumi Inc.'s tender offer for Shibaura Electronics concluded on September 11, 2025, failing to meet the minimum threshold for acquisition. The offer, which commenced on May 2, 2025, sought to acquire all common shares of Shibaura Electronics, excluding treasury shares.

The tender offer specified a minimum target of 7,539,900 shares. However, the total number of shares tendered was 3,564,382 shares. Due to this shortfall, MinebeaMitsumi will not proceed with the purchase of any of the tendered shares.

The offer price for Shibaura Electronics common shares was set at JPY 6,200 per share. Prior to the tender offer, MinebeaMitsumi held 0.00% of the voting rights, a figure that remains unchanged following the offer's conclusion.