[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"news:jsr-jic-sale-review-2026-05-29":3},{"meta":4,"markdown":68,"quiz":69},{"type":5,"articleId":6,"slug":7,"title":8,"titleEn":9,"category":10,"summary":11,"publishedAt":12,"image":13,"tags":14,"vocabulary":17,"quizId":65,"source":66},"news","news-jsr-jic-sale-review-2026-05-29","jsr-jic-sale-review-2026-05-29","JIC、JSR売却を検討","JIC Weighs Sale of Chip Materials Maker JSR","tech-business","Reuters reported on May 28 that Japan Investment Corp is considering a sale of JSR, two years after taking the chip materials maker private. Fujifilm and Mitsubishi Chemical were said to be interested, while strong AI-related demand has pushed up valuations across the semiconductor supply chain. The possible move suggests JIC may now prefer to monetize JSR rather than use it as a platform for industry consolidation.\n","2026-05-29T00:00:00Z","https:\u002F\u002Fimages.yamiyomi.com\u002Fnews\u002Fjsr-jic-sale-review-2026-05-29.png",[15,16],"japan","semiconductors",[18,23,27,32,37,41,45,49,53,57,61],{"word":19,"reading":20,"meaning":21,"level":22},"売却","ばいきゃく","sale","N2",{"word":24,"reading":25,"meaning":26,"level":22},"半導体","はんどうたい","semiconductor",{"word":28,"reading":29,"meaning":30,"level":31},"材料","ざいりょう","material","N3",{"word":33,"reading":34,"meaning":35,"level":36},"買収","ばいしゅう","acquisition","N1",{"word":38,"reading":39,"meaning":40,"level":31},"関心","かんしん","interest",{"word":42,"reading":43,"meaning":44,"level":22},"株価","かぶか","share price",{"word":46,"reading":47,"meaning":48,"level":36},"再編","さいへん","reorganization",{"word":50,"reading":51,"meaning":52,"level":22},"収益","しゅうえき","earnings",{"word":54,"reading":55,"meaning":56,"level":31},"回復","かいふく","recovery",{"word":58,"reading":59,"meaning":60,"level":22},"競争力","きょうそうりょく","competitiveness",{"word":62,"reading":63,"meaning":64,"level":36},"評価額","ひょうかがく","valuation","news-jsr-jic-sale-review-2026-05-29-quiz",{"url":67},"https:\u002F\u002Fwww.marketscreener.com\u002Fnews\u002Fjapan-state-backed-fund-considering-sale-of-chipmaking-materials-maker-jsr-sources-say-ce7f5ad3de81fe23","\n::heading\nJIC、JSRの[売却]{ばいきゃく:sale:N1}を[検討]{けんとう:consideration:N1}\n\n#en\nJIC Weighs a Sale of JSR\n::\n\n::para\n[ロイター]{ろいたー:Reuters}が[5月28日]{ごがつにじゅうはちにち:May 28:N5}に[伝えた]{つたえた:reported:N3}ところによると、JICが[半導体]{はんどうたい:semiconductor:N2}[材料]{ざいりょう:materials:N2}メーカーのJSRの[売却]{ばいきゃく:sale:N1}を[検討]{けんとう:consideration:N1}しているとされる。JICは2[年]{ねん:years:N5}[前]{まえ:before:N5}、およそ60[億]{おく:hundred million:N2}ドルでJSRを[非上場化]{ひじょうじょうか:take-private:N3}した。\n\n#en\nReuters reported on May 28 that JIC is considering selling chip materials maker JSR. JIC took the company private about two years ago in a deal worth roughly $6 billion.\n::\n\n::para\n[報道]{ほうどう:report:N3}では、フジフイルムと[三菱]{みつびし:Mitsubishi:N1}[ケミカル]{けみかる:Chemical}がJSRの[取得]{しゅとく:acquisition:N3}に[関心]{かんしん:interest:N3}を[示している]{しめしている:have shown:N3}とされた。ただし、[情報]{じょうほう:information:N3}は[非公開]{ひこうかい:not public:N3}で、[関係者]{かんけいしゃ:people involved:N3}は[匿名]{とくめい:anonymous:N1}で[話した]{はなした:spoke:N5}という。\n\n#en\nThe report said Fujifilm and Mitsubishi Chemical have shown interest in buying JSR. The information was not public, and the sources spoke on condition of anonymity.\n::\n\n::heading\n[背景]{はいけい:background:N3}にあるAIブーム\n\n#en\nThe AI Boom in the Background\n::\n\n::para\n[半導体]{はんどうたい:semiconductor:N2}[供給網]{きょうきゅうもう:supply chain:N1}では、AI[関連]{かんれん:related:N3}の[大型]{おおがた:large-scale:N2}[投資]{とうし:investment:N3}が[続いている]{つづいている:are continuing:N3}。[その]{その:that}[結果]{けっか:result:N1}、[材料]{ざいりょう:materials:N2}や[装置]{そうち:equipment:N2}を[作る]{つくる:make:N4}[会社]{かいしゃ:companies:N4}の[評価額]{ひょうかがく:valuation:N1}が[上がっている]{あがっている:are rising:N5}とされる。JICも、その[市場環境]{しじょうかんきょう:market environment:N1}を[生かしたい]{いかしたい:wants to use:N5}と[考えている]{かんがえている:is thinking:N4}とみられる。\n\n#en\nLarge AI-related investment is continuing across the semiconductor supply chain. That is seen as lifting the valuations of companies that make chip materials and equipment, and JIC appears to be looking at that market backdrop.\n::\n\n::para\nJSRは[半導体]{はんどうたい:semiconductor:N2}[回路]{かいろ:circuit:N3}[模様]{もよう:patterns:N1}をウエハーに[写す]{うつす:transfer:N4}ためのフォトレジストで[知られる]{しられる:is known:N4}。[同社]{どうしゃ:the company:N4}は1957年に[設立]{せつりつ:established:N2}され、この[分野]{ぶんや:field:N4}の[有力]{ゆうりょく:leading:N4}メーカーの1つとされる。\n\n#en\nJSR is known for photoresists used to transfer circuit patterns onto semiconductor wafers. Founded in 1957, it is seen as one of the leading makers in that niche.\n::\n\n::heading\n[当初]{とうしょ:initially:N3}の[狙い]{ねらい:aim:N2}は[再編]{さいへん:reorganization:N2}\n\n#en\nThe Original Aim Was Industry Reorganization\n::\n\n::para\nJICがJSRを[買収]{ばいしゅう:acquisition:N3}した[当時]{とうじ:at the time:N3}、JSRは[海外]{かいがい:overseas:N4}[投資家]{とうしか:investors:N3}への[対応]{たいおう:response:N1}から[離れ]{はなれ:step away:N1}、[業界]{ぎょうかい:industry:N4}の[再編]{さいへん:reorganization:N2}や[追加]{ついか:additional:N3}[買収]{ばいしゅう:acquisitions:N3}に[動きやすくなる]{うごきやすくなる:become easier to move:N4}と[説明]{せつめい:explanation:N3}していた。\n\n#en\nWhen JIC bought JSR, the company had said going private would free it from managing its foreign investor base and make it easier to pursue industry reorganization and further acquisitions.\n::\n\n::para\nしかし、[業界内]{ぎょうかいない:within the industry:N3}では、JSRが[本当]{ほんとう:really:N3}に[大きな]{おおきな:large:N5} [再編]{さいへん:reorganization:N2}を[進められる]{すすめられる:be able to advance:N3}のかを[疑問視する]{ぎもんしする:question:N1} [声]{こえ:voices:N3}もあったとされる。[新しい]{あたらしい:new:N4}[経営陣]{けいえいじん:management:N1}も、まず[業績]{ぎょうせき:business performance:N2}の[回復]{かいふく:recovery:N2}を[優先]{ゆうせん:prioritize:N3}してきたと[報じられた]{ほうじられた:was reported:N3}。\n\n#en\nBut some people in the sector had questioned whether JSR could really drive major consolidation. Reuters also said the newer management had been prioritizing a recovery in business performance first.\n::\n\n::heading\n[収益]{しゅうえき:earnings:N1}と[株価]{かぶか:share prices:N1}が[追い風]{おいかぜ:tailwind:N3}か\n\n#en\nEarnings and Valuations May Be Helping\n::\n\n::para\n[報道]{ほうどう:report:N3}によると、JSRは[3月]{さんがつ:March:N5}までの1[年間]{いちねんかん:one-year period:N5}に607[億]{おく:hundred million:N2}[円]{えん:yen:N5}の[純利益]{じゅんりえき:net profit:N1}を[計上]{けいじょう:posted:N4}し、[前]{まえ:previous:N5}[年]{ねん:year:N5}の[赤字]{あかじ:loss:N4}から[黒字]{くろじ:profit:N4}に[戻った]{もどった:returned:N3}。こうした[収益]{しゅうえき:earnings:N1}の[回復]{かいふく:recovery:N2}も、[売却]{ばいきゃく:sale:N1}の[検討]{けんとう:consideration:N1}を[後押し]{あとおし:support:N3}しているとみられる。\n\n#en\nReuters said JSR returned to profit in the year through March, posting net income of 60.7 billion yen after a loss the year before. That recovery may also be helping support the sale review.\n::\n\n::para\n[同業]{どうぎょう:industry peers:N4}では、[東京応化工業]{とうきょうおうかこうぎょう:Tokyo Ohka Kogyo:N1}のような[会社]{かいしゃ:company:N4}の[株価]{かぶか:share price:N1}がAIブームで[大きく]{おおきく:sharply:N5}[上がった]{あがった:rose:N5}とされた。JICがいまJSRの[価値]{かち:value:N1}を[現金化]{げんきんか:monetize:N3}したいと[考える]{かんがえる:consider:N4}としても、[不思議]{ふしぎ:strange:N3}ではないという[見方]{みかた:view:N4}が[成り立つ]{なりたつ:holds:N3}。\n\n#en\nThe report noted that peer companies such as Tokyo Ohka Kogyo have seen share prices jump in the AI boom. That makes it easier to understand why JIC might now want to monetize JSR's value.\n::\n\n::heading\n[日本]{にほん:Japan:N5}の[競争力]{きょうそうりょく:competitiveness:N2}にも[関わる]{かかわる:relate:N3}\n\n#en\nIt Also Touches Japan's Competitiveness\n::\n\n::para\n[日本]{にほん:Japan:N5}には、[半導体]{はんどうたい:semiconductor:N2}[材料]{ざいりょう:materials:N2}や[製造装置]{せいぞうそうち:manufacturing equipment:N1}で[強い]{つよい:strong:N4}[会社]{かいしゃ:companies:N4}が[多い]{おおい:many:N4}。そのため、JSRの[行方]{ゆくえ:fate:N4}は1[社]{しゃ:company:N4}の[売買]{ばいばい:sale and purchase:N4}だけでなく、[日本]{にほん:Japan:N5}の[技術]{ぎじゅつ:technology:N2}や[供給網]{きょうきゅうもう:supply chain:N1}の[競争力]{きょうそうりょく:competitiveness:N2}にも[関わる]{かかわる:relate:N3} [話題]{わだい:topic:N4}といえそうだ。\n\n#en\nJapan has many strong companies in chip materials and manufacturing equipment. For that reason, JSR's future looks like more than a single deal and also touches on the competitiveness of Japan's technology base and supply chain.\n::\n\n::callout\nJIC、JSR、フジフイルム、[三菱]{みつびし:Mitsubishi:N1}[ケミカル]{けみかる:Chemical}の[各社]{かくしゃ:each company:N2}は、[報道]{ほうどう:report:N3}の[時点]{じてん:time:N3}では[コメント]{こめんと:comment}を[出していない]{だしていない:have not issued:N5}か、すぐには[応じなかった]{おうじなかった:did not respond promptly:N1}とされた。[実際]{じっさい:actual:N3}の[売却]{ばいきゃく:sale:N1}が[進む]{すすむ:move forward:N3}かどうかは、まだ[決まっていない]{きまっていない:not decided:N3}。\n\n#en\nAt the time of the report, JIC, JSR, Fujifilm and Mitsubishi Chemical had not commented or had not responded immediately. It remains unclear whether any actual sale process will move forward.\n::\n\n::para\n[国]{くに:the state:N5}が[支える]{ささえる:back:N3}ファンドが、[成長]{せいちょう:growth:N3}[分野]{ぶんや:sector:N4}の[重要]{じゅうよう:important:N3}[企業]{きぎょう:company:N1}をどう[扱う]{あつかう:handle:N1}のかは、[今後]{こんご:from here:N5}も[注目]{ちゅうもく:attention:N4}されそうだ。AIブームの[中]{なか:amid:N5}で、[日本]{にほん:Japan:N5}の[半導体]{はんどうたい:semiconductor:N2}[戦略]{せんりゃく:strategy:N2}がどこへ[向かう]{むかう:head:N3}のかを[考える]{かんがえる:consider:N4} [材料]{ざいりょう:material:N2}にもなる。\n\n#en\nHow a state-backed fund handles an important company in a growth sector is likely to stay in focus. Amid the AI boom, the case also offers a way to think about where Japan's semiconductor strategy may be heading.\n::\n",{"id":65,"title":70,"titleEn":71,"topicPath":5,"questions":72},"JICとJSR売却検討 クイズ","Quiz on JIC and the Possible JSR Sale",[73,99,122,145,168],{"id":74,"articleId":6,"question":75,"options":78,"correctLabel":80,"explanation":95,"tags":98},"news-jsr-jic-sale-review-2026-05-29-quiz-q01",{"en":76,"jp":77},"According to Reuters, what was JIC said to be considering?","ロイターによると、JICは何を検討しているとされたか。",[79,83,87,91],{"label":80,"jp":81,"en":82},"ア","JSRの売却","Selling JSR",{"label":84,"jp":85,"en":86},"イ","新しい空港の建設","Building a new airport",{"label":88,"jp":89,"en":90},"ウ","自動車会社の統合","Merging automakers",{"label":92,"jp":93,"en":94},"エ","新しい銀行の設立","Starting a new bank",{"en":96,"jp":97},"The article says JIC was reported to be considering a sale of chip materials maker JSR.","記事では、JICが半導体材料メーカーJSRの売却を検討していると伝えられた。",[21],{"id":100,"articleId":6,"question":101,"options":104,"correctLabel":84,"explanation":117,"tags":120},"news-jsr-jic-sale-review-2026-05-29-quiz-q02",{"en":102,"jp":103},"Which companies were said to have shown interest in acquiring JSR?","買収に関心を示したとされた会社はどれか。",[105,108,111,114],{"label":80,"jp":106,"en":107},"ソニーとパナソニック","Sony and Panasonic",{"label":84,"jp":109,"en":110},"フジフイルムと三菱ケミカル","Fujifilm and Mitsubishi Chemical",{"label":88,"jp":112,"en":113},"トヨタとホンダ","Toyota and Honda",{"label":92,"jp":115,"en":116},"楽天とメルカリ","Rakuten and Mercari",{"en":118,"jp":119},"The report said Fujifilm and Mitsubishi Chemical had expressed interest.","記事では、フジフイルムと三菱ケミカルが関心を示したとされた。",[121],"buyers",{"id":123,"articleId":6,"question":124,"options":127,"correctLabel":88,"explanation":140,"tags":143},"news-jsr-jic-sale-review-2026-05-29-quiz-q03",{"en":125,"jp":126},"What product is JSR especially known for?","JSRがよく知られる製品は何か。",[128,131,134,137],{"label":80,"jp":129,"en":130},"家庭用テレビ","Home televisions",{"label":84,"jp":132,"en":133},"鉄道車両","Railway cars",{"label":88,"jp":135,"en":136},"フォトレジスト","Photoresists",{"label":92,"jp":138,"en":139},"医薬品ワクチン","Pharmaceutical vaccines",{"en":141,"jp":142},"The article explains that JSR is known for photoresists used in semiconductor production.","記事では、JSRは半導体ウエハーに回路模様を写すためのフォトレジストで知られると説明した。",[144],"products",{"id":146,"articleId":6,"question":147,"options":150,"correctLabel":84,"explanation":163,"tags":166},"news-jsr-jic-sale-review-2026-05-29-quiz-q04",{"en":148,"jp":149},"What was said to be lifting valuations of semiconductor supply chain companies?","記事では、何が半導体供給網の会社の評価額を押し上げているとされたか。",[151,154,157,160],{"label":80,"jp":152,"en":153},"観光ブーム","A tourism boom",{"label":84,"jp":155,"en":156},"AI関連の大型投資","Large AI-related investment",{"label":88,"jp":158,"en":159},"米の豊作","A strong rice harvest",{"label":92,"jp":161,"en":162},"円高の進行","A strengthening yen",{"en":164,"jp":165},"The article says large AI-related investment has been pushing up valuations in the sector.","記事では、AI関連の大型投資が材料・装置会社の評価額を押し上げているとされた。",[167],"ai",{"id":169,"articleId":6,"question":170,"options":173,"correctLabel":80,"explanation":186,"tags":189},"news-jsr-jic-sale-review-2026-05-29-quiz-q05",{"en":171,"jp":172},"For what purpose did the article say JIC was set up in 2018?","JICはどのような目的で2018年に設けられたと記事は伝えているか。",[174,177,180,183],{"label":80,"jp":175,"en":176},"日本の競争力を高めるため","To boost Japan's competitiveness",{"label":84,"jp":178,"en":179},"全国の学校を運営するため","To run schools nationwide",{"label":88,"jp":181,"en":182},"天気予報を出すため","To issue weather forecasts",{"label":92,"jp":184,"en":185},"国会を監督するため","To oversee the Diet",{"en":187,"jp":188},"The report said JIC was established in 2018 with the goal of boosting Japan's competitiveness.","記事では、JICは日本の競争力を高めることを目的に2018年に設けられたとした。",[190],"jic"]