JSR, a prominent player in the semiconductor materials industry, is set to undergo a transformation under its incoming CEO. Tetsuro Hori, assuming leadership on April 1, emphasizes the importance of revitalizing the company's core operations rather than pursuing mergers and acquisitions. The current financial challenges faced by JSR have prompted this strategic shift. Hori recognizes that the life science division, which has contributed to recent losses, requires immediate attention and improvement. This focus aims to stabilize the business before contemplating any major structural changes.

Hori acknowledges the complexities surrounding JSR's ownership structure following last year's privatization by Japan Investment Corp (JIC). Although the previous administration envisioned leveraging buyouts to enhance sector consolidation, skepticism remains about the feasibility of such endeavors. According to Hori, successful mergers and acquisitions necessitate strong customer support and value creation. His extensive background in finance and experience with technology firms like Tokyo Electron position him well to address these issues. Despite interest from other companies such as Resonac, no concrete discussions have taken place regarding potential partnerships or asset sales.

The incoming CEO outlines an ambitious plan to restore profitability within the next few years. By concentrating on operational efficiency and improving the performance of struggling divisions, Hori aims to turn the tide for JSR. His vision underscores the significance of aligning corporate strategies with market demands and fostering sustainable growth. As the semiconductor industry continues to evolve, JSR’s renewed focus on recovery and innovation exemplifies how adaptability can drive long-term success and resilience in challenging economic landscapes.