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Shin-Etsu Chemical's operating profit for FY March 2026 fell 14%, guidance for current term undecided
Shin-Etsu Chemical Co., Ltd. <4063> announced its consolidated financial results for the fiscal year ending March 2026 after the close of trading on this day, reporting revenue of 2,573.9 billion yen (up 0.5% year-on-year), operating profit of 635.24 billion yen (down 14.4%), and net profit of 474.46 billion yen (down 11.2%).
While semiconductor materials such as silicon wafers, photoresists, and mask blanks expanded as demand in areas other than AI-related segments also improved due to the boom in AI-related semiconductor markets, the results were affected by weakening market conditions for polyvinyl chloride. Regarding the earnings forecast for the fiscal year ending March 2027, the company stated that "it is difficult to make a reasonable forecast in light of the situation in the Middle East and the resulting supply constraints and price fluctuations of energy and basic materials," and will disclose the forecast promptly once it becomes possible to do so.
At the same time, the company announced it will implement a share buyback program with an upper limit of 45 million shares (2.42% of issued shares excluding treasury stock) or 250 billion yen. The acquisition period is set from May 21 to April 27 of next year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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