TOKYO, Apr 28 (Pulse News Wire) – DENSO Corporation (6902.T) announced today that its board of directors decided to withdraw a proposal to acquire shares in Rohm Co., Ltd. The decision was made following discussions with Rohm's management and special committee since the initial proposal on March 6, 2026.
DENSO had proposed acquiring Rohm’s shares to enhance semiconductor technology development and supply capabilities. However, despite multiple rounds of negotiations addressing strategic partnership benefits and shareholder value, Rohm did not endorse the bid. As a result, DENSO concluded that continuing the proposal would not necessarily benefit its long-term enterprise value.
Despite withdrawing the share acquisition proposal, DENSO and Rohm agreed to continue their strategic partnership focused on analog ICs across automotive, consumer, and industrial sectors. They plan to deepen collaboration through joint product development, supply strategies, and personnel exchanges aimed at enhancing competitiveness and customer value. Moving forward, DENSO remains committed to exploring various partnerships to contribute to the semiconductor industry and broader industries.
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