TOKYO, Mar 27 (Pulse News Wire) – Rohm Company Limited (6963.T) signed a basic agreement with Toshiba Corporation, JIP, and Mitsubishi Electric Corporation to integrate their semiconductor businesses. The deal aims to create a competitive global entity capable of contributing significantly to the development of various industries in Japan.
Under the agreement, Rohm and Toshiba's subsidiary Toshiba Device & Storage will begin formal discussions towards a definitive contract. Meanwhile, Mitsubishi Electric will join the talks to explore integrating its power device business. The final contracts are expected to be concluded swiftly after due diligence.
Completion of necessary regulatory approvals is a prerequisite for the transaction. Key players involved include Toshiba Device & Storage, headquartered in Kanagawa, Kawasaki Shi Saiwai Ku Komukai Toushiba Machi, with capital of ¥10.00 billion and established on 2017 July 1, and Mitsubishi Electric Corporation, located at Tokyo, Chiyoda Ku Marunouchi Ni Choume, with capital of ¥175.8 billion and founded on January 15, 1921. Both companies' major shareholders and holding ratios are detailed in the disclosure.
The integration is anticipated to have a minor impact on Rohm’s fiscal year 2026 performance, but further developments could necessitate additional disclosures.
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