Mitsui Chemicals' share price has fallen sharply. It has been reported that the company plans to acquire JSR, which was acquired by the Japan Investment Corporation two years ago, and that the transaction could be valued at ¥1.3 trillion or more. Concerns over the financial impact of increased funding requirements are emerging first.
Mitsui Chemicals has continued to fall sharply following reports of an acquisition involving JSR. The Japan Investment Corporation is reportedly moving toward selling JSR to the company, with a decision expected within this month.
The sale could reportedly be valued at ¥1.3 trillion or more, and some view it as potentially strengthening the expansion of the semiconductor materials business. At the same time, increased funding requirements are heightening concerns about the financial impact. The company has not commented at this time.