Taiwanese electronic components manufacturer YAGEO Corporation has announced the completion of its tender offer to acquire the shares of Japanese sensor company SHIBAURA Electronics Co., Ltd.

The transaction will expand YAGEO’s NTC thermistor business. The Taiwanese company described SHIBAURA as leading manufacturer of negative temperature coefficient (NTC) thermistors.

YAGEO and SHIBAURA welcomed the completion of the tender offer with a joint press conference, which marked a new milestone in their strategic partnership. The two companies said the collaboration reflects “the alignment of two industry-leading companies, united by the shared belief in ‘Stronger Together,’ and demonstrates their commitment to deep cooperation.”

New Benchmark of Collaboration

YAGEO opened the event by outlining the company’s corporate development journey. Specifically, it elaborated on its growth strategy, global footprint, business achievements, and the anticipated synergies with SHIBAURA Electronics. Following their remarks, YAGEO Founder and Chairman Pierre Chen and SHIBAURA President Akira Kasai shared their strategic rationale for the partnership, highlighting the strong alignment in growth potential for temperature sensors, corporate culture, and management philosophy.

Together, YAGEO Corporation and Shibaura Electronics aim to establish a new benchmark for Japan–Taiwan corporate collaboration, further solidifying their leadership in the economic and technological fields.

On Oct. 20, YAGEO launched a tender offer to acquire the shares of SHIBAURA and achieve d an acceptance rate of 87.3 percent, significantly surpassing the minimum threshold of 50.01 percent.

22 October 2025