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JSR Targets Record Profit for Fiscal 2024 as Part of Medium-Term Strategy

JSR Corp. (TYO:4185) is looking to set a new record high profit in fiscal 2024 as part of its latest medium-term management policy, which lays out plans and targets through to that same year. On the topic of JSR’s future business portfolio, the new management policy looks to position digital solutions – especially for semiconductors – and life sciences as...

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JSR to Seek Early Retirement by Elastomers Workers 40 and Over With Three-Plus Years’ Employment

JSR Corp. (TYO:4185) plans to solicit early retirement among about 100 employees in its elastomers business. Seeking to make the change to a more robust business structure, JSR is optimizing its production capacity and product portfolio, rationalizing prices and working to bring about major improvements in its operating efficiency. The company is also implementing unlimited structural reforms throughout its organization,...

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JSR Subsidiary Makes Investment Into Biopharmaceutical Production

JSR Life Sciences LLC, a group company under JSR Corp. (TYO:4185), recently announced that it will be expanding cutting-edge facilities in Europe to grow its business for biopharmaceuticals. These facilities will serve to bolster the activities of two affiliates: namely, U.S.-based KBI Biopharma Inc. and Swiss-based Selexis SA. Through this expansion, the two affiliates will end up occupying a combined...

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JSR Starts Shipments of S-SBR Produced at Hungarian Plant

JSR Corp. (TYO:4185) has started to ship out solution-polymerized styrene–butadiene rubber (S-SBR) manufactured at JSR MOL Synthetic Rubber Ltd. The shipment launch was announced on Oct. 27 by JSR Director and Managing Officer Hideki Miyazaki, who gave the news during an online briefing regarding the company’s financial results for the second quarter of fiscal 2020. Miyazaki said that while it...

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JSR Endorses Task Force on Climate-Related Financial Disclosures

JSR Corp. (TYO:4185) has declared its support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), an initiative established by the Financial Stability Board (FSB). The JSR Group sees climate change as being not just an issue confronting society but also a crucial priority for its own group operations. Further, believing that the TCFD recommendations are an...

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JSR to Set up Joint Research Department With Institute of Statistical Mathematics

JSR Corp. (TYO:4185) and the Institute of Statistical Mathematics (ISM) recently announced that they have agreed to establish a joint research department named the JSR-ISM Smart Chemistry Lab, with aims being to get started this month. Through this joint lab, the partners intend to develop basic technologies that promote data-driven materials research. These technologies will then be used to significantly...

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