Mergers & AcquisitionsMedium•9 November 2026•
1 min read
Mitsui Chemicals and DBJ to Acquire JSR for $11.6 Billion
Key Facts
1Mitsui Chemicals and the Development Bank of Japan (DBJ) plan to acquire JSR from the state-backed fund JIC.
2The acquisition deal for the chipmaking materials maker is valued at approximately $11.61 billion.
3Mitsui Chemicals plans to sell up to 150 billion yen worth of shares to finance the transaction.
Mitsui Chemicals and the Development Bank of Japan (DBJ) plan to acquire JSR from the state-backed fund JIC. CNA reported that the acquisition deal for the chipmaking materials maker is valued at approximately $11.61 billion. Mitsui Chemicals intends to sell up to 150 billion yen worth of shares to finance the transaction.
The acquisition aims to consolidate the semiconductor materials sector, bringing JSR's specialized manufacturing into the new partnership. While the move signals significant M&A activity in the chip supply chain, the planned 150 billion yen share sale by Mitsui Chemicals presents a potential dilution risk for existing shareholders.