DENSO Corporation
(Disclosure Update) Withdrawal of Proposal for Share Acquisition of ROHM Co., Ltd.
DENSO Corporation announced the withdrawal of its proposal to acquire shares of ROHM Co., Ltd. The board of directors resolved this and will continue the strategic partnership going forward.
Key Figures
- Date of Resolution to Withdraw Share Acquisition Proposal: 2026-04-28
- Date of Basic Agreement with ROHM: 2025-05-08
- Exchange Rate (JPY/USD): 0.006281012499214873 (2026-04-27)
AI要約
Regarding the Withdrawal of the M&A Proposal
DENSO Corporation announced the withdrawal of its share acquisition proposal for ROHM Co., Ltd., which was disclosed on March 6, March 24, and April 27, 2026, as resolved by its board of directors. Both companies have been building a strategic partnership in the semiconductor field, advancing technology integration and collaboration. However, since the proposal did not receive approval from ROHM's board of directors and special committee, it was determined that it would not contribute to enhancing corporate value, leading to the withdrawal.
Future Collaboration and Outlook
DENSO and ROHM have reached a shared understanding toward realizing next-generation mobility and a carbon-neutral society. They agreed to continue cooperative initiatives such as product development and supply mainly focused on analog ICs, covering automotive as well as consumer and industrial equipment sectors, along with personnel exchanges, further advancing co-creative activities. DENSO will proactively consider collaborations with third parties going forward, aiming to enhance value in its semiconductor business.
DENSO Corporation
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