Worth reading
24Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
The transaction (business integration with 東芝 and business integration with Mitsubishi)CounterpartyToshiba Corporation, Japan Industrial Partners, Inc., TBJ Holdings Corporation, Mitsubishi Electric Corporation
Disclosing companyROHM COMPANY LIMITED
Contract Date27 March 2026 (date of execution of this basic agreement)
Execution Date / Effective DateUndetermined (business integration with 東芝) / The business integration with Mitsubishi is undetermined
Target company
Semiconductor business and storage products business (東芝デバイス＆ストレージ株式会社) / Manufacture and sale of various electrical machinery and equipment, electronically applied machinery and equipment, household electrical appliances, semiconductor devices, integrated circuits and other general machinery and equipment and components (Mitsubishi Electric Corporation)
Location 1 Komukai-Toshiba-cho, Saiwai-ku, Kawasaki, Kanagawa / 2-7-3 Marunouchi, Chiyoda-ku, TokyoShare capital ¥10,000 million (東芝デバイス＆ストレージ株式会社) / ¥175,820 million (Mitsubishi Electric Corporation)Date of incorporation 1 July 2017 (business succession date) / 15 January 1921
Consideration and expenses
Acquisition priceNot determined as of the date hereof. The amount is expected to be determined by the time the definitive agreement (東芝) and definitive agreement (Mitsubishi) are executed, respectively.
Impact on Business Performance
The impact of the transaction on the Company's consolidated financial results for the fiscal year ending March 2026 is expected to be immaterial.
Procedures and assumptions
Valuation methodologyValuation of the relevant businesses (東芝) and (Mitsubishi) by an independent valuation institution
Conditions Precedent to ExecutionCompletion of the necessary clearances, approvals and licenses under competition law and other applicable laws and regulations
| Item | Details |
|---|---|
| Transaction name | The transaction (business integration with 東芝 and business integration with Mitsubishi) |
| Counterparty name | Toshiba Corporation, Japan Industrial Partners, Inc., TBJ Holdings Corporation, Mitsubishi Electric Corporation |
| Name of the Subject Company | 東芝デバイス＆ストレージ株式会社 (semiconductor business) and Mitsubishi Electric Corporation (power device business) |
| Business Description of the Subject Company | Semiconductor business and storage products business (東芝デバイス＆ストレージ株式会社) / Manufacture and sale of various electrical machinery and equipment, electronically applied machinery and equipment, household electrical appliances, semiconductor devices, integrated circuits and other general machinery and equipment and components (Mitsubishi Electric Corporation) |
| Location of the Subject Company | 1 Komukai-Toshiba-cho, Saiwai-ku, Kawasaki, Kanagawa / 2-7-3 Marunouchi, Chiyoda-ku, Tokyo |
| Capital Stock of the Subject Company | ¥10,000 million (東芝デバイス＆ストレージ株式会社) / ¥175,820 million (Mitsubishi Electric Corporation) |
| Date of Establishment of the Subject Company | 1 July 2017 (business succession date) / 15 January 1921 |
| Acquisition price | Not determined as of the date hereof. The amount is expected to be determined by the time the definitive agreement (東芝) and definitive agreement (Mitsubishi) are executed, respectively. |
| Impact on Business Performance | The impact of the transaction on the Company's consolidated financial results for the fiscal year ending March 2026 is expected to be immaterial. |
| Contract Date | 27 March 2026 (date of execution of this basic agreement) |
| Execution Date / Effective Date | Undetermined (business integration with 東芝) / The business integration with Mitsubishi is undetermined |
| Valuation methodology | Valuation of the relevant businesses (東芝) and (Mitsubishi) by an independent valuation institution |
| Conditions Precedent to Execution | Completion of the necessary clearances, approvals and licenses under competition law and other applicable laws and regulations |
Items this document does not state (19)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionIndependent valuation institutionSpecial CommitteeManagement structure after acquisition
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To strengthen international competitiveness in light of semiconductor market conditions and the business environment, establish a business scale and technological foundation capable of competing in global markets, and maximize the value of the integrated business entity.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.