TAIPEI, Taiwan, 2026/01/15 -- YAGEO (TWSE: 2327) has successfully completed the tender offer (“Tender Offer”) to acquire the shares of SHIBAURA ELECTRONICS CO., LTD. (TSE: 6957) (“Shibaura”), a globally recognized leader in NTC (negative temperature coefficient) thermistor manufacturing with strong technological capabilities on October 20, 2025.
YAGEO is excited to announce that the Tender Offer, and the privatization procedures for Shibaura has proceeded and completed as planned. As of January 13, 2026, Shibaura has been officially delisted from the Tokyo Stock Exchange. Following this development and with the share consolidation becoming effective, YAGEO now holds 100% of the voting shares of Shibaura as of January 15, 2026.
YAGEO would like to extend our sincere appreciation to Shibaura’s shareholders, employees, and leadership team for their continued support and collaboration in finalization of this important transaction together. Their trust and partnership have been instrumental in bringing this process to a successful conclusion.
Looking ahead, YAGEO is excited to collaborate with Shibaura and its partners to explore new opportunities for innovation and create enduring value. We firmly believe this partnership will set a new benchmark for cooperation between Japanese and Taiwanese enterprises, further strengthening bilateral trust in both economic and technological domains.
About Yageo
Founded in 1977 and headquartered in Taiwan, YAGEO is a global service provider of electronic component solutions, offering a broad selection of passive component technologies from some of the industry’s most recognized brands. Today, YAGEO has consolidated sales of around 4BN USD and employs more than 37,000 individuals around the world. With 57 manufacturing sites located in 35 countries and 20 R&D centers, YAGEO has a leading portfolio of electronic components as well as global production and sales capabilities designed to meet the diverse requirements of customers and a full range of end market segments.