Business · Companies · 2 hrs ago
Mitsui Chemicals plans to buy JSR for more than ¥1.3 trillion
Mitsui Chemicals plans to buy JSR from the government-backed investment fund JIC for more than ¥1.3 trillion.
JSR is a major Japanese supplier of materials used to make semiconductors.
JIC has chosen Mitsui Chemicals as its preferred negotiating partner for the sale.
The planned purchase would bring JSR’s semiconductor materials business into Mitsui Chemicals.
The deal could strengthen Mitsui Chemicals’ earnings by adding JSR’s business, which is competitive internationally.
If completed, it would be the largest merger or acquisition in Japan’s chemical industry, according to the reported plan.
The sale is still being negotiated, so the purchase has not yet been completed.
Mitsui Chemicals plans to buy JSR from the government-backed fund JIC for more than ¥1.3 trillion, according to Nikkei.
JIC selected Mitsui Chemicals as the preferred negotiating party for the sale by November 4.
The deal would bring JSR’s semiconductor materials business into Mitsui Chemicals and is intended to strengthen its earnings.
If completed, it would be the largest merger or acquisition in Japan’s chemical industry, Nikkei reported.
Kyodo described Mitsui Chemicals as considering an acquisition.
- Who
- Mitsui Chemicals plans to buy JSR from the government-backed fund JIC.
- What
- The proposed purchase is for more than ¥1.3 trillion.
- When
- The news was reported on November 4, 2026.
- Where
- Japan. The articles do not state where the transaction would take place.
- Why
- Mitsui Chemicals aims to add JSR’s semiconductor materials business and improve its earnings.
This story does not have two clearly opposing sides.
JIC selected Mitsui Chemicals as the preferred negotiating party for the sale of JSR.
Nikkei reported that Mitsui Chemicals planned to buy JSR for more than ¥1.3 trillion.
- Buyer
- Mitsui Chemicals
- Seller
- JIC, a government-backed fund
- Target
- JSR, a major semiconductor materials supplier
- Proposed price
- More than ¥1.3 trillion
- Reported date
- November 4, 2026