Mitsui Chemicals is proceeding with the acquisition of JSR, a major semiconductor materials company, and is accelerating a business reorganization centered on semiconductor materials. Chairman Hashimoto Osamu (橋本修) will serve as president through the end of March and oversee the reorganization as chairman from April onward. The company is reportedly considering selling businesses that are currently generating earnings.
Mitsui Chemicals indicated that it would reform its business portfolio following the acquisition of JSR and accelerate the shift to a growth model built around semiconductor materials. In an interview, Chairman Hashimoto Osamu (橋本修) said the company would “shift to the portfolio it should have.”
The article explains the aim of making the semiconductor materials business the core of the company through the acquisition, while reporting that Mitsui Chemicals is also considering selling businesses that are currently generating earnings.