Business Context and Reporting Period
This Form 6-K filing by Taiwan Semiconductor Manufacturing Company Limited (TSMC) covers the month of June 2025, with the report signed on July 25, 2025. The filing details specific corporate governance and financial activities including changes in insider shareholdings, asset acquisitions, and bond issuances.
Key Financial Metrics and Activities
- Fixed-Income Investments: TSMC acquired NT$5.6 billion and disposed of NT$0.3 billion in fixed-income investments during the period.
- Debt Issuance: The company issued unsecured bonds totaling NT$14.1 billion in June 2025.
- Capital Appropriations: No new capital appropriations were approved by the board of directors.
- Share Cancellations: No common shares were cancelled.
Material Changes and Insider Activity
Insider Shareholdings (as of June 30, 2025):
- Wei-Jen Lo (Senior Vice President): Holdings decreased by 46,000 shares to 1,348,178.
- Jonathan Lee (Vice President): Holdings increased by 1,158 shares to 459,526.
Share Pledges: There were no changes in the pledge of common shares by directors, executive officers, or major shareholders.
Debt Issuance Details
| Tranche | Period | Total Amount (NT$ Billions) | Coupon Rate | Repayment Terms |
|---|---|---|---|---|
| 114-2 A | June 2025 ~ June 2030 | 12.5 | 1.92% | Bullet repayment; annual interest |
| 114-2 B | June 2025 ~ June 2035 | 1.6 | 2.05% | Bullet repayment; annual interest |
Investor Verification Checklist
- Verify the impact of the NT$14.1 billion bond issuance on the company's overall leverage ratios.
- Confirm the strategic rationale behind the net acquisition of NT$5.3 billion in fixed-income investments.
- Monitor future filings for any capital appropriation approvals, as none were reported for this period.
- Review the specific reasons for the reduction in Senior Vice President Wei-Jen Lo's shareholding.