Process Industries

Shin-Etsu Chemical Co., Ltd.

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Business Summary

Shin-Etsu Chemical Co., Ltd. engages in the manufacture and sale of industrial chemicals. Its operations are carried out through the following segments: Polyvinyl Chloride (PVC)/Chlor-Alkali Business, Silicone Business, Specialty Chemicals Business, Semiconductor Silicon Business, Electronics and Functional Materials Business, and Diversified Business. The PVC/Chlor-Alkali Business segment provides PVC, caustic soda, methanol, and chloromethane. The Silicone Business segment provides silicones. The Specialty Chemicals Business segment provides cellulose derivatives, silicon metal, polyvinyl alcohol, and synthetic pheromones. The Semiconductor Silicon Business segment provides silicon wafer products. The Electronics and Functional Materials Business segment provides rare earth magnets, coating materials, photomask blanks, oxide single crystals, and liquid fluoroelastomers. The Diversified Business segment includes processed plastics, international trading, engineering, ad information processing. The company was founded on September 16, 1926 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	2,074.42B	18,460.25M
Gross Profit	864,989M	7,697.50M
Operating income	672,683M	5,986.17M
Income before tax	696,137M	6,194.89M
Net income	500,118M	4,450.53M
EBITDA	841,471M	7,488.21M
Diluted EPS	1,202.81	10.70
Dividends Per Share	400	3.55
Total Assets	4,053.41B	33,395.77M
Total liabilities	624,202M	5,142.75M
Total equity	3,329.29B	27,429.85M
Operating cash flow	553,528M	4,925.82M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	1,441.43B	1,594.03B	1,543.52B	1,496.90B	2,074.42B
Gross Profit	514,330M	592,416M	553,572M	543,259M	864,989M
Operating income	336,823M	403,705M	406,041M	392,214M	672,683M
Income before tax	340,308M	415,311M	426,017M	402,145M	696,137M
Net income	266,236M	309,126M	314,027M	293,733M	500,118M
EBITDA	449,566M	541,974M	537,743M	536,675M	841,471M
Diluted EPS	624.10	725.92	755.01	706.25	1,202.81
Dividends Per Share	140	200	220	250	400
Total Assets	2,903.13B	3,038.71B	3,230.48B	3,380.61B	4,053.41B
Total liabilities	490,108M	506,160M	507,342M	493,988M	624,202M
Total equity	2,351.76B	2,466.74B	2,654.21B	2,815.15B	3,329.29B
Operating cash flow	332,776M	400,687M	412,384M	401,176M	553,528M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	13,005.50M	14,374.32M	14,196.49M	14,114.10M	18,460.25M
Gross Profit	4,640.60M	5,342.15M	5,091.45M	5,122.31M	7,697.50M
Operating income	3,039.02M	3,640.43M	3,734.54M	3,698.12M	5,986.17M
Income before tax	3,070.47M	3,745.09M	3,918.27M	3,791.76M	6,194.89M
Net income	2,402.14M	2,787.56M	2,888.24M	2,769.56M	4,450.53M
EBITDA	4,056.26M	4,887.28M	4,945.86M	5,060.23M	7,488.21M
Diluted EPS	5.63	6.54	6.94	6.65	10.70
Dividends Per Share	1.26	1.80	2.02	2.35	3.55
Total Assets	27,297.94M	27,453.74M	29,924.36M	30,593.80M	33,395.77M
Total liabilities	4,608.44M	4,572.97M	4,699.56M	4,470.47M	5,142.75M
Total equity	22,113.46M	22,286.14M	24,586.29M	25,476.48M	27,429.85M
Operating cash flow	3,002.51M	3,613.22M	3,792.88M	3,782.63M	4,925.82M

Valuation Measures

Mar 2022
PER	15.60
ROA	13.45%
ROE	16.27%
Operating margin	32.42%
Profit margin	24.10%

Key executives

President & Representative Director: Yasuhiko Saitoh
Vice Chairman & Head-Technology: Fumio Akiya
Director, Head-Research & Development: Toshio Shiobara
Senior Managing Director & GM-Silicone Business: Susumu Ueno
Director & Manager-Accounting: Toshiyuki Kasahara

Shareholders

Nomura Asset Management Co., Ltd. (5.3%)
Nippon Life Insurance Co. (3.7%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.4%)
Capital Research & Management Co. (World Investors) (2.9%)
The Hachijuni Bank, Ltd. (2.8%)
The Vanguard Group, Inc. (2.6%)
Nikko Asset Management Co., Ltd. (2.6%)
Meiji Yasuda Life Insurance Co. (2.6%)
BlackRock Fund Advisors (2.5%)
Norges Bank Investment Management (2.4%)

Contact Details

Website:http://www.shinetsu.co.jp
Address: Marunouchi Eiraku Building, 1-4-1 Marunouchi, Tokyo, 100-0005, Japan
Phone: +81.3.6812.2300

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Competitors

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Last Updated on 1 Dec, 2022