Kamaya Electric Co., Ltd. made a tender offer to acquire remaining 51.9% stake in Soshin Electric Co.,Ltd. for approximately ¥4.3 billion.

SOSHIN ELECTRIC CO.,LTD. is a Japan-based company mainly engaged in the development, manufacture and sale of industrial equipment and information communication equipment. The Company operates through two business segments. The Industrial Equipment segment is mainly engaged in the manufacture and sale of noise filters, low pass (LC) filters and plastic film capacitors. The Information Communication Equipment segment is mainly engaged in the manufacture and sale of multilayered dielectric filters, couplers, baluns and thick film printed circuit boards. The Company is also engaged in the mica capacitors business and implementation products business.