JSR's New CEO Prioritizes Financial Recovery Over M&A

Reported 4 days ago

The incoming CEO of JSR, Tetsuro Hori, is shifting focus to improving the company's financial performance and stepping back from previous ambitions for mergers and acquisitions in the semiconductor sector. With the company's financial struggles, particularly in its life sciences unit, Hori emphasizes the need to recover before considering potential sales or M&A, aiming for profitability by March 2026.

Source: YAHOO

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