JIC Capital agrees to sell JSR to Mitsui Chemicals, Development Bank of Japan
- JIC Capital has signed an agreement to sell all JSR ordinary shares to Mitsui Chemicals and Development Bank of Japan.
- JSR will join Mitsui Chemicals' group, expanding its semiconductor materials portfolio and strengthening research capabilities.
- The sale follows JSR's June 2024 privatization, semiconductor materials investments and restructuring of its noncore life sciences business.
- For the fiscal year ended March 2026, JSR's core operating profit reached JPY 62.3 billion; net profit recovered to JPY 60.7 billion.
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