YAGEO Completes Acquisition of SHIBAURA ELECTRONICS, Delists from Tokyo Stock Exchange
YAGEO, a leading global provider of passive electronic components, has successfully completed the tender offer to acquire all shares of SHIBAURA ELECTRONICS CO., LTD., a renowned leader in NTC thermistor manufacturing. The acquisition, which was finalized on October 20, 2025, marks a significant milestone in YAGEO’s strategic expansion and technological advancement.
With the completion of the privatization procedures and effective share consolidation, YAGEO now holds 100% of the voting shares of Shibaura as of January 15, 2026. Shibaura has been officially delisted from the Tokyo Stock Exchange, effective January 13, 2026.
YAGEO extends its heartfelt gratitude to Shibaura’s shareholders, employees, and leadership team for their unwavering support and collaboration throughout this transaction. Their trust and partnership have been pivotal in achieving this successful outcome.
Looking forward, YAGEO is eager to work closely with Shibaura and its partners to explore new avenues for innovation and create lasting value. This partnership is expected to set a new standard for cooperation between Japanese and Taiwanese enterprises, further enhancing bilateral trust in economic and technological sectors.






























