JSR’s incoming CEO signals focus on finance, retreat from Sector M & A ambitions

Sam Nussey and Miho Uranak

Tokyo (Reuters) – Japanese Chip Materials Manufacturer Introduction Maker Maker JSR plans to focus on the restoration of the company’s work performance to consolidate in the sector.

The company’s financial performance is not good and the company will assume that the CEO will be the role of the General Director on Wednesday, Tetsuro Hori is not ready to buy Tetturo Hori.

“We must resume the scientific work of life. This is the first priority,” he said.

The company’s work performance is affected by the losses in the unit of life, which can cause the JSR’s attempt to sell the division of the JSR.

“JSR may not be the best owner of life (work),” Hori said, “said Hori, said that nothing was decided and the performance of the performance of the work performance was improved.

Outgoing CEO Eric Johnson, JSR, was taken specifically by the state-supported Japan by the state supported by the state with a $ 6 billion contract last year.

Johnson claimed that JSR, a leading producer of photoresists for chipming, which manages the foreign investor base, which allows the company to implement the company’s sector deals.

However, the operation was controversial, in some industry, the JSR sector asks how successful transactions will change.

Hori said that M & A had to be supported by customers and they should also create value.

Hori was united as a chief financial officer in January, and previously served as an execution in the Tokyo Electroner, the manufacturer of ChipMaking supply.

Last month, CHIP materials manufacturer Hidehito Takahashi said that last month JIC JIC will want the company to participate in the time of Jic.

“If we can find a good synergy, these deals may be on the table,” Hori said there were no discussions with Resonac.

The JSR reported the net loss of 22.2 billion yen ($ 148 million) in the six-month period ended on September 30.

Hori hopes to return the business to profitability with the next fiscal year ending in March 2026.

($ 1 = 150.3800 YEN)

(Notification by Sam Nussey and Miho Uranaka; regulation by Sherry Jacob-Phillips)