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Reading: JSR Logs 5.5-B.-Yen Net Loss in FY 2023
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Econo Asia™ > Blog > News > Markets > Tokyo Stock Exchange (TSE) > JSR Logs 5.5-B.-Yen Net Loss in FY 2023
Tokyo Stock Exchange (TSE)

JSR Logs 5.5-B.-Yen Net Loss in FY 2023

NEWSROOM
Last updated: April 30, 2024 5:09 pm
By NEWSROOM
1 Min Read
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Newsfrom Japan

Economy

Apr 30, 2024 21:52 (JST)

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…



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