Major Japanese auto parts maker Denso Corp has withdrawn its buyout proposal for semiconductor firm Rohm Co after failing to secure its support. Denso President Shinnosuke Hayashi announced the decision at a press conference in Nagoya. The company plans to further advance its current relationship with Rohm.

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Nomura Holdings has reclaimed the top position in advising on Japanese mergers and acquisitions for 2025, a record year for deal values. Transactions related to Japan surged 89% to ¥59.5 trillion.

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