May 9, 2025 /SemiMedia/ — Yageo has raised its acquisition offer for Japan’s Shibaura Electronics to JPY 6,200 per share, marking a 44.19% increase from its initial bid of JPY 4,300. This is the second upward revision since the acquisition was first announced in early February.

The revised offer underlines Yageo’s strategic push to accelerate its expansion into the sensor business, particularly in temperature sensors crucial for AI and electric vehicle applications—Shibaura’s core strength.

Yageo emphasized four major benefits from the proposed acquisition: enhanced R&D support to strengthen Shibaura’s technological leadership, capital investment to drive growth, upgrades to local manufacturing capabilities in Japan, and the ability to leverage Yageo’s global distribution network to grow Shibaura’s market share in regions such as the Americas and Europe.

The company also noted that the integration is expected to positively impact both net asset value and earnings per share through improved operational scale and competitiveness. The transaction will be fully financed with a combination of internal funds and loans.

The move comes as Japan’s MinebeaMitsumi recently launched a competing bid at JPY 5,500 per share, prompting Yageo to reevaluate and enhance its offer to maintain its lead in the acquisition process.