According to reports, Japanese chip manufacturer Roma will provide a total of 300 billion yen (approximately $2.16 billion) in funds to a consortium led by private equity firm Japan Industrial Partners (JIP) for the proposed acquisition of Toshiba. At a recent board meeting, Rom decided that if the tender offer is successful, he will invest 100 billion yen in the investment fund led by JIP and also purchase 200 billion yen of preferred shares issued by affiliated companies established for the acquisition.

Rom stated in a statement that his main goal is to "participate in Toshiba's privatization and help solve their problems".

Both Rom and Toshiba produce power semiconductor devices, which help reduce the power consumption of electric vehicles, appliances, and other products. Rom regards this field as a top priority and aims to occupy 30% of the global market share of silicon carbide power devices in the fiscal year 2025.

Rom stated that there is no agreement with JIP or other companies regarding cooperation or participation in Toshiba management, but it stated that its business is "highly compatible" with Toshiba's semiconductor business and expressed interest in future collaborations. Potential areas of cooperation include material procurement and semiconductor production.

Industry analysts say, "Rom performs well in electric vehicle related chips, while Toshiba performs well in industrial machinery, which means they have different customer groups in power equipment. They can not only invest, but also achieve significant synergistic operational effects

Some industry observers also believe that Rom's investment has led to greater integration in the power device field, which many Japanese companies are involved in.

According to insiders, Bloomberg reported earlier that several large Japanese banks have issued loan commitment letters to support the acquisition plan led by Japan Industrial Partners. In addition, it is also reported that several Japanese companies will provide equity, including Orix, the financial services group, Rohm, the chip manufacturer, and Japan Post Holdings Bank.