Shin-Etsu Polymer Co. Ltd. (TYO:7970) has taken a hit to its sales and profit performance over the first three quarters of fiscal 2019. Business results recently released by the company show that its sales fell 6.9 percent year-on-year for the period, totaling 60.72 billion yen ($556.72 million) for the first three quarters. Operating profit was down 9.2 percent to 5.84...
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Shin-Etsu Polymer Co. Ltd. (TYO:7970) posted its business results for fiscal 2018 on April 25, revealing an increase to both sales and profits. The results show that the manufacturer of silicone molding materials generated 85.46 billion yen in sales for the year, up by 7.7 percent year-on-year. Operating profit came to 8.15 billion yen, up by 13.1 percent; ordinary profit...
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Shin-Etsu Polymer Co. Ltd. (TYO:7970) has posted year-on-year increases to both sales and profits as part of its results for fiscal 2018. The company recorded sales of 85.46 billion yen ($770.76 million) for the year, up by 7.7 percent; operating profit of 8.15 billion yen, up by 13.1 percent; ordinary profit of 8.03 billion yen, up by 10.3 percent; and...
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More than three-quarters of Japan’s top 100 rubber companies saw their sales rise year-on-year in fiscal 2017, an independent study by Japan Rubber Weekly has found. According to the results of this study, 79 of Japan’s top 100 firms operating in the industry reported year-on-year increases to sales, up from 48 in fiscal 2016. Double-digit sales growth was posted by...
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Shin-Etsu Polymer Co. Ltd. (TYO:7970), a processing manufacturer of polyvinyl chloride (PVC) and silicone rubber products, has reported 79.34 billion yen ($722.47 million) in sales for fiscal 2017, up 7.3 percent from a year prior. In other metrics, the year saw Shin-Etsu Polymer generate 7.21 billion yen in operating profit, up 30.7 percent; 7.27 billion yen in ordinary profit, up...
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Shin-Etsu Chemical Co. Ltd. (TYO:4063) has announced a price change for all of its silicone products. Starting from shipments for January next year, the company will raise prices by 10 to 20 percent. The price of metallic silicon – a main raw material for silicone – has risen, and further increases are expected, a Shin-Etsu representative says. As it has...
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