I wish you a Happy New Year.

COVID-19 continues to be a major threat to our health and economy. Although the monetary and fiscal policies of major countries have mitigated the impact to some extent, the suffering of people around the world can only be imagined. There are many changes on the geopolitical front, and the effects of the climate crisis are accelerating.

In view of these uncertain circumstances, the JSR Group is accelerating its efforts to build a strong infrastructure with the aim of becoming a truly resilient organization.

At present, we are making the necessary investments based on our business strategy of providing innovation while placing the highest priority on quality and reliability in the life science business and semiconductor materials business, which are expected to grow significantly in the future. On the other hand, as some of our businesses are still in a difficult situation, we will continue to promote structural reform.

Looking to the future, we have high expectations for the JSR Group as a technology company. Driven by our ability to reliably commercialize R&D-based innovations, we have invested in key areas such as materials informatics, bioinformatics, and quantum science and technology research. A variety of new technologies will impact people's lives and reshape many businesses, and the JSR Group will continue to be at the forefront of these changes.

Last but not least, sustainability is a source of long-term strength for our companies.

As the severity of the climate crisis and social change increases, people's behavior and interests are changing, both at the governmental and grassroots levels, and these changes are triggering companies to take actions.

The JSR Group sees the climate crisis, social change, and the shift in policy from a focus on shareholder value to providing value to all stakeholders, as opportunities rather than threats, and is committed to maximizing its social value, and incorporating such values, into all of its business activities.

We look forward to your continued support and guidance in the coming year.

Eric Johnson

Representative Director, CEO JSR Corporation