Mitsui Chemicals is considering acquiring JSR, a major semiconductor materials company, in a deal expected to exceed ¥1 trillion. The acquisition is expected to involve purchasing shares from JIC, JSR's parent company and a public-private investment fund, with the aim of pursuing growth in the semiconductor materials sector.
Mitsui Chemicals is considering acquiring JSR, a major semiconductor materials company. The acquisition is expected to exceed ¥1 trillion and is envisaged as a purchase of shares from JSR's parent company, the public-private investment fund Japan Investment Corporation (JIC).
Through the acquisition, Mitsui Chemicals plans to position the semiconductor sector as a growth area and strengthen its supply system for resin materials such as photoresists.
The deal could be one of the largest M&A transactions in Japan's chemical industry, but its specific terms and timing have not been disclosed, and information is currently circulating among people involved.
JSR has a high global market share in photoresist materials, which are essential for semiconductor miniaturisation. Mitsui Chemicals' acquisition aims to expand its semiconductor-related business.