With the assistance of the Development Bank of Japan, which is supported by the Japanese government, Japan's Mitsui Chemicals Co., Ltd. is acquiring JSR Corporation at a price of 1.84 trillion yen to strengthen its central position in the field of critical chip materials. Mitsui Chemicals and DBJ said in a document on Monday that the two sides will acquire all of JSR's shares from a government-backed Japanese investment company. DBJ will pay 200 billion yen in cash to acquire shares, which will then be converted into non-voting preferred shares. Affected by this news, Mitsui Chemicals' stock price decline in the Tokyo market widened to a maximum of 15%.

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