- Business
- JSR Corporation engages in the development and supply of advanced polymer-based materials primarily for semiconductors, displays, life sciences, and plastics applications worldwide. Founded in 1957 and headquartered in Tokyo, Japan, the company operates through its Digital Solutions segment, which provides lithography materials including photoresists and multilayer materials, CMP materials such as slurries and cleaning solutions, packaging materials, and mounting materials; display materials encompassing those for color LCD panels, OLED displays, and functional coatings; and optical solutions featuring heat-resistant transparent resins, high-performance UV curable resins, films, and stereolithography systems. Its Life Sciences segment offers drug discovery and development services through contract development and manufacturing organizations (CDMO) and contract research organizations (CRO), bioprocess products like Protein A affinity chromatography resins including the newly launched Amsphere A+ in September 2024, in vitro diagnostic reagents, and research materials; the Plastics segment supplies synthetic resins such as ABS, AES, AS, and ASA for automotive parts, appliances, and building materials; while Other Businesses include acrylic and water-based emulsions, stain resistance products, and Holter ECG monitoring services. JSR maintains global operations with manufacturing and R&D facilities in Japan, the United States, Korea, Europe, and Asia. In recent developments, JSR completed the acquisition of Yamanaka Hutech Corporation in August 2024, making it a wholly-owned subsidiary to expand high-purity chemicals and semiconductor film-forming technologies; established a new photoresist R&D center in Japan's Kanto region and a production plant at JSR Micro Korea for metal oxide resists (MOR) with operations starting in 2026; announced the sale of its in vitro diagnostics division in April 2025 to sharpen focus on digital solutions; entered a joint research agreement with Illumi Medical in November 2024 for photomedical technologies and an alliance with Metagen Therapeutics in September 2024 for microbiome medicine manufacturing; formed a global agreement between Crown Bioscience and Shanghai Model Organism Center in June 2024; and delisted from the Tokyo Stock Exchange in 2024 following a tender offer by JICC-02 Co., Ltd., transitioning to private ownership while adopting the SPARKS strategic framework emphasizing semiconductor solutions, photoresist innovation, and advanced materials.