Yageo extends tender offer for Shibaura Electronics, raises stake

Yageo Corporation has announced corrections to its tender offer for Shibaura Electronics, extending the tender offer period from May 9, 2025, to October 20, 2025. This extension follows an agreement with Nissei Electric Co. for Yageo to acquire all 341,000 shares, representing 2.24% ownership, held by Nissei Electric.

As of October 3, 2025, at 2 PM, the total number of tendered shares reached 13,261,354, exceeding the minimum purchase quantity of 7,623,200 shares. This triggers the extension of the tender offer period by 10 business days from the announcement date. The settlement commencement date for the tender offer has also been adjusted to October 27, 2025.