TSE:4062Electronic
Ibiden (TSE:4062) Is Down 9.1% After ¥52.5bn Follow-on Equity Offering for Substrate Capacity
Ibiden Co., Ltd. recently completed a ¥52.47 billion follow-on equity offering of 6,874,700 common shares at ¥7,632 each, following a February 2026 board decision to fund additional capacity for high-performance IC package substrates at its Ono Plant.
The addition of SMBC Nikko Securities, Nomura Securities, and Daiwa Securities as co-lead underwriters highlights both the scale of the capital raising and the market’s focus on Ibiden’s server-related substrate expansion plans.
We will now...