shin-etsu polymer

Shin-Etsu Polymer Reports FY Results, Silicone Rubber Molded Products Sluggish

Shin-Etsu Polymer posted sales of 104.38 billion yen ($668.25 million), down 3.6% year-on-year, operating income of 11.05 billion yen, down 13.3%, ordinary income of 11.53 billion yen, down 11.2%, and net income of 8.67 billion yen, up 1.7% for the fiscal year ended March 2024. In the precision molded products segment, sales declined 4.8% to 47.61 billion yen, and operating...

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Shin-Etsu Polymer Reports First Half Results, Expects Increasing Silicone Rubber Molding Products Demand

Shin-Etsu Polymer reported net sales of 53.45 billion yen ($353.19 million), up 1.7% year-on-year, operating income of 5.88 billion yen, down 11.4%, ordinary income of 6.4 billion yen, down 13.3%, and net income of 4.61 billion yen, down 8.3% for the first half (April-September) of the fiscal year ending March 2024. The company said that while shipments of automotive input...

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Shin-Etsu Polymer Reports Record High Full Year Sales

Shin-Etsu Polymer reported a 16.9% year-on-year increase in net sales to 108.28 billion yen ($781.54 million), 31.0% increase in operating income to 12.74 billion yen, 28.2% increase in ordinary income to 12.98 billion yen, and a 35.2% increase in net income to 8.52 billion yen for the year ended March 31, 2023. “In the previous fiscal year, silicone wafer production...

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Shin-Etsu Polymer Keeps Pace in 2021 With Silicone Rubber Sales

Shin-Etsu Polymer Co. Ltd. (TYO:7970) recently reported its business results for fiscal 2021. This included net sales of 92.64 billion yen ($710 million), up 20.5 percent year-on-year; operating income of 9.73 billion yen, up 34.8 percent; ordinary income of 10.13 billion yen, up 44.3 percent; and net profit of 6.31 billion yen, up 39 percent. Among the silicone rubber molding...

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Shin-Etsu Polymer Posts 24% Growth in Precision Molding Products for Q3

Shin-Etsu Polymer Co. Ltd. (TYO:7970) has released its business results for the third quarter of fiscal 2021, revealing sales of 68.89 billion yen ($600.44 million), up 23.5 percent year-on-year; an operating profit of 7.46 billion yen, up 59.9 percent; an ordinary profit of 7.71 billion yen, up 61.1 percent; and a net profit of 5.65 billion yen, up 62.4 percent....

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Shin-Etsu Polymer Posts Declining Results for Q1 as Coronavirus Hits Automotive Industry

Shin-Etsu Polymer Co. Ltd. (TYO:7970) recently posted its business results for the first quarter of fiscal 2020, revealing a drop in both sales revenue and profits. The company ended the quarter with sales of 18.33 billion yen ($171.49 million), down by 5.7 percent year-on-year; operating profit of just under 1.36 billion yen, down by 25.3 percent; ordinary profit of 1.58...

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