RELEASED ON 21/01/13 (DD/MM/YY)

JSR Corp has decided to expand its research & development
facilities at JM Energy Corp, a wholly owned subsidiary specializing in
Lithium Ion Capacitors in order to strengthen its research and development
functions. The construction is scheduled to be completed in Jun 2013 and
will cost, in addition to the introduction of testing equipment and other
items, roughly Yen 800 million. This expansion is for the purpose of
strengthening JM Energy's R&D and evaluation system so that the company can
respond swiftly to the expanding needs of their customers. The company is
already providing a wide range of energy-saving solutions which utilize its
Lithium Ion Capacitor Series ULTIMO. By expanding their facilities, the
company will continue to advance its development towards even higher energy
density and lower resistance LICs. Lithium Ion Capacitor (LIC) is a type of
large-capacity capacitor that functions as an electrical storage device that
is expanding capacitors' application range thanks to its high output
density, high energy density, and high voltage.

SOURCE JSR Press Release