4063 Shin−Etsu Chemical explanation
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- No dividend cut for over 40 years, consecutive dividend increase since FY2016
- No. 1 in the world in vinyl chloride and No. 1 in the world in silicon wafers
- Provides “silicon wafers,” a key material for semiconductors; “photoresists,” “photomask blanks,” and “encapsulating materials,” which are indispensable for semiconductor manufacturing; “rare earth magnets,” which are essential for environmentally friendly vehicles; silicones; and cellulose derivatives.
- No. 1 in Japan and No. 4 in the world in silicone resins
- Competitors: Mitsui Chemicals, Sumitomo Chemical, Mitsubishi Chemical Holdings, Asahi Kasei, Toray
- 80% of sales are overseas
- Acquired 8155 Mimasu Semiconductor, a wafer polishing processing contractor, as a wholly owned subsidiary.
Fiscal period
Mar.
4063 Shin−Etsu Chemical Sales/Profit
Fiscal year ending Feb 2024
Sales:2414.9 billion yen(△14.0%)
Operating income:701 billion yen(△29.8%)
Ordinary profit:787.3 billion yen(△22.8%)
- Exchange rate sensitivity of ordinary income is 4.4 billion yen per year at 1 yen to the dollar
- 83 billion yen to build an additional semiconductor exposure materials production plant in Isesaki