Japan Investment Corporation (JIC), a government-backed fund, is negotiating the sale of its subsidiary JSR. As the expected sale price rises amid the surge in AI and semiconductor stocks, Mitsubishi Chemical Group and Mitsui Chemicals are also reportedly considering an acquisition.
Japan Investment Corporation (JIC), a government-backed fund, is negotiating the sale of JSR, a major semiconductor materials company under its umbrella. The transaction involves a large semiconductor materials business and is expected to attract considerable attention because of its growth prospects and the scarcity of supply. Mitsubishi Chemical Group and Mitsui Chemicals have expressed interest in the acquisition.
JSR's expected sale price is reportedly rising against the backdrop of the recent surge in AI- and semiconductor-related stocks. When JIC acquired JSR, it cited the restructuring of the semiconductor materials industry as the rationale for the deal. Investors are closely watching whether JIC can achieve that objective while recovering its investment at a valuation commensurate with JSR's market value.