JSR Completes Acquisition of All Shares in Yamanaka Hutech

Tokyo, Japan – August 2, 2024 – JSR Corporation (Headquarters: Minato-ku, Tokyo; CEO and President: Eric Johnson; hereinafter "JSR") is pleased to announce the successful completion of its acquisition of all outstanding shares of Yamanaka Hutech Corporation (hereinafter "YHC"), a reputed manufacturer and supplier of high-purity chemicals used in the semiconductor industry. The transaction, which makes YHC a wholly-owned subsidiary of JSR, was finalized as scheduled on August 1st, 2024.

With this strategic incorporation of YHC enables JSR to diversify and enrich its product lineup, notably within the realm of semiconductor film-forming technologies, while continue its transformation to maximize value for customers. The acquisition constitutes a step forward in JSR's growth strategy, which anticipates industry reorganization and aims to solidify its standing in the advanced semiconductor materials by responding to customer demands in the advanced semiconductor materials field.

The JSR Group remains dedicated to laying the groundwork for innovation through material development, optimizing supply chains, and fortifying trusted relationships with customers. As the semiconductor industry experiences foundational shifts, JSR is poised to play a leading role, riding the wave of transformation, expanding its strategic product portfolio, and pursuing value creation.

Reference: News release dated May 16, 2024,

"JSR to make Yamanaka Hutech, a high-purity chemical for semiconductors, a wholly owned subsidiary ~Expanding the product portfolio in the field of cutting-edge semiconductor deposition~ | 2024 | News | JSR Corporation"