Denso makes an acquisition bid for RQ-M

Nidec has submitted a takeover offer to semiconductor giant Rohm. The offer is believed to be aimed at acquiring all shares through a TOB (tender offer for the acquisition of shares available to the public). The purchase price is expected to reach a scale of 1.3 trillion yen. If it goes through, it would become a major force within Japan in the power semiconductor field used for pure electric vehicles (EVs) and power control for data centers. Industry reshuffling in the past, which was driven primarily by collaboration, will shift to a situation where participants are eliminated through mergers and acquisitions.

In the power semiconductor sector, Japanese companies have traditional strengths, but with the rise of Chinese firms, production capacity at various Japanese firms has become excessive. Japan’s Ministry of Economy, Trade and Industry has also urged companies to restructure. Previously, Denso and Fuji Electric, and Rohm and Toshiba, respectively entered into partnerships; now, the framework could undergo significant changes.

In May 2025, Denso and Rohm announced a semiconductor partnership, planning to jointly develop analog semiconductors such as those used to control sensors for pure electric vehicles. Through the partnership, Denso acquired 0.3% of Rohm’s shares. By July of the same year, it further purchased equity, raising its investment ratio to nearly 5%.

Continue reading, please click here to go to the Nikkei Chinese website

The Nihon Keizai Shimbun and the Financial Times merged in November 2015 to become the same media group. An alliance formed by two newspapers founded in the 19th century—one Japanese and one British—has been advancing broad-ranging cooperation, such as joint special features, under the banner of “high-quality, the strongest economic journalism.” This time, as part of that effort, the two newspapers have enabled article exchanges between their Chinese websites.