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DENSO ( (JP:6902) ) has shared an update.
DENSO Corporation has withdrawn its proposal to acquire shares of semiconductor maker ROHM Co., Ltd. after failing to secure support from ROHM’s board and special committee, concluding that pursuing the transaction now would not necessarily enhance DENSO’s medium- to long-term corporate value. The decision follows extensive discussions on how a deal might contribute to ROHM’s corporate and shareholder value, amid intensifying global competition in the semiconductor sector.
Despite abandoning the acquisition plan, DENSO and ROHM reaffirmed their existing strategic partnership in semiconductors, particularly in analog ICs, and agreed to deepen co‑creation across automotive, consumer, and industrial equipment fields. The companies plan to expand joint product development, supply collaboration, IP sharing, and personnel exchanges, aiming to boost technological and manufacturing competitiveness and increase the value delivered to customers and the wider industry, while DENSO also continues to explore other third‑party collaborations in semiconductors.
The most recent analyst rating on (JP:6902) stock is a Buy with a Yen2400.00 price target. To see the full list of analyst forecasts on DENSO stock, see the JP:6902 Stock Forecast page.
More about DENSO
DENSO Corporation is a leading global automotive parts supplier based in Japan, specializing in advanced systems and components that support vehicle electrification, intelligence, and mobility. The company increasingly focuses on semiconductor technologies and strategic partnerships to strengthen its position across automotive, industrial equipment, and consumer electronics markets.
Average Trading Volume: 7,647,525
Technical Sentiment Signal: Sell
Current Market Cap: Yen5143.2B
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