Minebeamitsumi — Merger or Acquisition (August 2025)

5 slides from Minebeamitsumi's merger presentation, Aug 18, 2025

Slide 1: Press Conference on the Summary of the Tender Offer for SHIBAURA ELECTRONICS CO., LTD.
Press Conference on the Summary of the Tender Offer for SHIBAURA ELECTRONICS CO., LTD. MinebeaMitsumi Inc. Representative Director, Chairman CEO Yoshihisa Kainuma August 18, 2025
Slide 2: Overview of the Tender Offer
Overview of the Tender Offer Item Overview Tender Offeror MinebeaMitsumi Inc. Target SHIBAURA ELECTRONICS CO., LTD. Tender Offer Period May 2, 2025 to August 28, 2025 (81 business days) (planned) Purchase Price 5,500 yen per share ⇒ 6,200 yen per share Yageo's closing price on February 5 (3,135 yen)
Slide 3: Why now?
Why now? 1. Status of the required approvals under the Foreign Exchange and Foreign Trade Act a. The review of the application under the Foreign Exchange Act has been prolonged, resulting in an extremely unusual situation. b. In particular, the waiting period has been extended twice under Article 27
Slide 4: Pricing and Financial Discipline
Pricing and Financial Discipline 1. Why 6,200 yen? a. The valuation is not only financially justifiable based on the DCF method from our long-standing financial advisor, but is also considered to be at a rational level even by our company's conventional calculation methods, given the synergies expec
Slide 5: MinebeaMitsumi
MinebeaMitsumi Passion to Create Value through Difference