Japan Investment Corporation

State-backed investment fund

Appears in 1 story · Last updated Nov 9, 2026

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Mitsui Chemicals to buy JSR from state fund in Japan's largest chemicals deal

Money Moves

Seller

Japan's state-backed fund bought JSR in 2024 and said it would use the photoresist maker to drive consolidation in semiconductor materials. On Nov. 9 it sold JSR to Mitsui Chemicals for ¥1.84 trillion ($11.61 billion), the largest acquisition in the history of Japan's chemicals industry.

Updated 3 hours ago