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Process Industries

Shin-Etsu Chemical Co., Ltd.

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 2020 JPYUSD
Revenue1,543.52B14,196.49M
Gross Profit553,572M5,091.45M
Operating income406,041M3,734.54M
Income before tax426,017M3,918.27M
Net income314,027M2,888.24M
EBITDA537,743M4,945.86M
Diluted EPS755.016.94
Dividends Per Share2202.02
Total Assets3,230.48B29,924.36M
Total liabilities507,342M4,699.56M
Total equity2,654.21B24,586.29M
Operating cash flow412,384M3,792.88M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 1,279.80B 1,237.40B 1,441.43B 1,594.03B 1,543.52B
Gross Profit 384,248M 401,085M 514,330M 592,416M 553,572M
Operating income 208,525M 238,618M 336,823M 403,705M 406,041M
Income before tax 220,005M 242,133M 340,308M 415,311M 426,017M
Net income 148,840M 175,912M 266,236M 309,126M 314,027M
EBITDA 308,991M 331,705M 449,566M 541,974M 537,743M
Diluted EPS 349.42 412.83 624.10 725.92 755.01
Dividends Per Share 110 120 140 200 220
Total Assets 2,510.08B 2,655.63B 2,903.13B 3,038.71B 3,230.48B
Total liabilities 429,620M 465,551M 490,108M 506,160M 507,342M
Total equity 2,028.52B 2,132.98B 2,351.76B 2,466.74B 2,654.21B
Operating cash flow 281,643M 290,872M 332,776M 400,687M 412,384M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 10,657.57M 11,427.03M 13,005.50M 14,374.32M 14,196.49M
Gross Profit 3,199.81M 3,703.89M 4,640.60M 5,342.15M 5,091.45M
Operating income 1,736.48M 2,203.55M 3,039.02M 3,640.43M 3,734.54M
Income before tax 1,832.08M 2,236.01M 3,070.47M 3,745.09M 3,918.27M
Net income 1,239.46M 1,624.49M 2,402.14M 2,787.56M 2,888.24M
EBITDA 2,573.11M 3,063.18M 4,056.26M 4,887.28M 4,945.86M
Diluted EPS 2.90 3.81 5.63 6.54 6.94
Dividends Per Share 0.91 1.10 1.26 1.80 2.02
Total Assets 22,332.71M 23,832.32M 27,297.94M 27,453.74M 29,924.36M
Total liabilities 3,822.41M 4,177.96M 4,608.44M 4,572.97M 4,699.56M
Total equity 18,048.21M 19,141.93M 22,113.46M 22,286.14M 24,586.29M
Operating cash flow 2,345.37M 2,686.10M 3,002.51M 3,613.22M 3,792.88M

Valuation Measures

Mar 2020
PER14.20
ROA10.01%
ROE12.26%
Operating margin26.30%
Profit margin20.34%

Key executives

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

Shareholders

  • Nomura Asset Management Co., Ltd. (5.7%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (5.4%)
  • Nippon Life Insurance Co. (5.2%)
  • Capital Research & Management Co. (World Investors) (3.6%)
  • The Hachijuni Bank, Ltd. (2.8%)
  • The Vanguard Group, Inc. (2.7%)
  • Meiji Yasuda Life Insurance Co. (2.5%)
  • Daiwa Asset Management Co. Ltd. (2.4%)
  • Nikko Asset Management Co., Ltd. (2.3%)
  • Norges Bank Investment Management (2.2%)

Contact Details

  • Website:http://www.shinetsu.co.jp
  • Address: Asahi Seimei Ote-machi Building, 2-6-1 Ote-machi, Tokyo, 100-0004, Japan
  • Phone: +81.3.3246.5011

Related Companies

  • Shin-Etsu Silicones Europe BV Zweigniederlassung Deutschland
  • Shin-Etsu Singapore Pvt Ltd. (India)
  • Shin-Etsu Magnetics Europe GmbH
  • Shin-Etsu Magnetic Materials Vietnam Co. Ltd.
  • Shin-Etsu Electronic Materials Vietnam Co. Ltd.
  • Pacific Biocontrol Corp.
  • PT Shin-Etsu Magnetics Indonesia
  • Shin-Etsu Magnetics (Thailand) Ltd.
  • Shin-Etsu Handotai Singapore Pte Ltd.
  • Shin-Etsu Silicone (Nantong) Co. Ltd.
  • Zhejiang Shin-Etsu High-Tech Chemical Co. Ltd.
  • Shin-Etsu Silicone International Trading (Shanghai) Co., Ltd.
  • Shin-Etsu Singapore Pte Ltd.
  • Shin-Etsu Technology (Suzhou) Co. Ltd.
  • Shin Etsu Chemical Trust
  • Shin-Etsu MicroSi, Inc.
  • Shin-Etsu Silicone Taiwan Co., Ltd.
  • Asia Silicones Monomer Ltd.
  • Shin-Etsu Silicones (Thailand) Ltd.
  • Shin-Etsu Opto Electronic Co., Ltd.
  • Shin-Etsu Electronics Materials Singapore Pte Ltd.
  • Shin-Etsu Polymer Singapore Pte Ltd.
  • Previnil Empresa Preparadora de Compostos Vinilicos SA
  • Bamiso Producao e Servicos Energeticos SA
  • Shin-Etsu Silicones Europe BV
  • Shinano Polymer Co. Ltd.
  • Shinetsu Techno Service KK
  • Shin Etsu Film Co. Ltd.
  • Shin Etsu Finetech Co. Ltd.
  • Compuestos y Granzas SA

Competitors

  • Evonik Industries AG
  • Dow, Inc.
  • KCC Corporation
  • Wacker Chemie AG
  • Eternal Materials Co., Ltd.
  • Sumitomo Chemical Co., Ltd.
  • DuPont de Nemours, Inc.
  • Westlake Chemical Corporation
  • Entegris, Inc.
  • Neo Performance Materials, Inc.
  • Topco Scientific Co., Ltd.
  • Siltronic AG
  • Daqo New Energy Corp. Sponsored ADR
  • DuPont de Nemours, Inc.
  • Daejoo Electronic Materials Co., Ltd.
  • GlobalWafers Co., Ltd.
  • Superior Plus Corp
  • WonIk Co.LTD
  • General Silicones Co., Ltd.
  • Motech Industries, Inc.
  • Soitec SA
  • Topco Technologies Corp.
Last Updated on 10 Jul, 2020

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