May 1, 2025
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Notice regarding Commencement of Tender Offer of Shares of SHIBAURA ELECTRONICS CO., LTD. (Securities Code: 6957)
As announced in the "Notice regarding Scheduled Commencement of Tender Offer of Shares of SHIBAURA ELECTRONICS CO., LTD. (Securities Code: 6957)" on April 10, 2025, subject to the Tender Offer Preconditions are all satisfied or waived by the Offeror, MinebeaMitsumi Inc. resolved to acquire all shares of common stock in SHIBAURA ELECTRONICS CO., LTD. through a tender offer under the Financial Instruments and Exchange Act, with the details as described below and was aiming for the commencement of the Tender Offer around April 23, 2025.
As stated in "(1) Outline of the Tender Offer" in "1. Purpose of tender offer", currently, since the Offeror has confirmed that, as of today, all of the Tender Offer Preconditions have been satisfied or are reasonably expected to be satisfied, the Offeror has decided today to commence the Tender Offer from May 2, 2025, and to conclude the Second Memorandum of Understanding between Advantage Partners Ptd. ("AP") regarding the transfer of 10.9% of the Target Company Shares held by the Offeror to a group company of AP designated by AP for the purpose of AP participating in the Target Company's capital by contributing a portion of the funds for the Tender Offer and regarding the handling of the Target Company Shares after the Transactions.
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Apr.24, 2025
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Apr.22, 2025
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(Update on Disclosed Matter) Notice regarding Progress toward Commencement of Tender Offer of Shares of SHIBAURA ELECTRONICS CO., LTD. (Securities Code: 6957)
MinebeaMitsumi Inc., in its press release "Notice regarding Scheduled Commencement of Tender Offer of Shares of SHIBAURA ELECTRONICS CO., LTD. (Securities Code: 6957)" on April 10, 2025, announced that the Offeror resolved to acquire all of the shares of common stock in SHIBAURA ELECTRONICS CO., LTD. through a tender offer under the Financial Instruments and Exchange Act subject to the satisfaction or waiver by the Offeror of all of the Tender Offer Preconditions, and the Offeror intends to commence the Tender Offer on or around April 23, 2025.
The Offeror received confirmation from the Target Company regarding the Offeror's intention to change the terms and conditions of the Tender Offer since YAGEO Corporation issued its "Notice Regarding Changes to the Terms and Conditions of Tender Offer for the Shares of SHIBAURA ELECTRONICS CO., LTD. (Securities Code: 6957)" on April 17, 2025, and the Offeror has been reviewing them as of today. If any significant progress is made regarding the Tender Offer, the Offeror will make an announcement promptly.
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Apr.14, 2025
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Apr.11, 2025
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Apr.10, 2025
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Apr.10, 2025
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Apr.10, 2025
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Apr.10, 2025
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Notice Regarding Some News Reports
Today, there was some media coverage regarding our tender offer for Shibaura Electronics CO., LTD. However, this matter has not been announced by our company.
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Mar.31, 2025
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Feb.28, 2025
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Notice of Changes in Specified Subsidiary
At the Board of Directors meeting held today, MINEBEA MITSUMI Inc. has resolved that MITSUMI ELECTRIC CO., LTD. , which is a 100% owned subsidiary of the Company, would make a capital increase to its wholly owned subsidiary MITSUMI AUTOMOTIVE DE MEXICO, S.A. DE C.V., and U-Shin Ltd., which is a 100% owned subsidiary of the Company, would make a capital increase to its wholly owned subsidiary U-SHIN AUTOPARTS MEXICO, S.A. DE C.V. in order to stabilize the working capital of the Subsidiary.
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Feb.26, 2025
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Feb.5, 2025
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Jan.15, 2025
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