Newsfrom Japan
Tokyo, April 30 (Jiji Press)–Japanese semiconductor materials maker JSR Corp. said Tuesday that it swung to a consolidated net loss of 5.5 billion yen in fiscal 2023 as the anemic chip market caused a sales drop.
It is the company’s first net loss since fiscal 2020.
JSR is expected to be delisted from the Tokyo Stock Exchange’s top-tier Prime section around summer after the recent completion of a tender offer by government-backed Japan Investment…