TOKYO, Apr 28 (Pulse News Wire) – Rohm Company Limited (6963.T) announced today that DENSO Corporation had withdrawn its proposal to acquire shares of ROHM. Following this decision, ROHM concluded its review of the bid.
ROHM and DENSO had established a strategic partnership agreement in semiconductor technology since May 8, 2025, aiming to combine DENSO's advanced system integration capabilities in automotive systems with ROHM’s cutting-edge semiconductor technologies in consumer markets. Despite extensive discussions, including multiple rounds of sincere negotiations and written Q&A sessions, the companies could not reach a consensus on proceeding with the acquisition offer. DENSO determined that continuing the proposal would not necessarily enhance its long-term corporate value, leading to the withdrawal.
However, both companies agreed to deepen their collaboration based on their existing strategic partnership framework, focusing on product development and supply cooperation across automotive, consumer, and industrial sectors. Additionally, ROHM remains committed to advancing its second mid-term management plan “MOVING FORWARD to 2028,” initiated on November 6, 2025, and continues to engage seriously in discussions regarding the business and operational integration with Toshiba Device & Storage and Mitsubishi Electric Power Devices. ROHM also plans to explore various strategic options, including further strengthening its partnership with DENSO, to maximize shareholder and stakeholder value.
🟢 Confidence: High AI-translated content.