shin-etsu polymer

Shin-Etsu Polymer Looks to Get Active in M&As

Shin-Etsu Polymer Co. Ltd. (TYO:7970) plans to solidify and build upon its current position by seeking out companies to acquire, CEO Yoshiaki Ono has revealed. Viewing the establishment of new business as critical to extending company performance over the mid–long term, the manufacturer of silicone goods and other chemical products is looking to get active in M&As. In terms of...

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Shin-Etsu Polymer Increases Q1 Profits Despite Slight Drop in Sales

A major manufacturer of silicone products for the electronics and information industries, Shin-Etsu Polymer Co. Ltd. (TYO:7970), posted first quarter sales of 17.937 billion yen ($1.79 billion), representing a year-on-year decline of 1.1 percent. Meanwhile, operating profit for the same April–June period increased 118.5 percent, rising to 1.645 billion yen; pretax profit rose 3.9 percent, hitting 1.196 billion yen; and...

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Shin-Etsu Polymer Achieves Three Straight Years of Sales And Profit Growth

Shin-Etsu Polymer Co. Ltd. (TYO:7970) has posted 75 billion yen (US $6.87 billion) of sales for the year through the end of March 2016, which represented modest year-on-year growth of 5 percent. However, operating income was 4.1 billion yen – an 84 percent increase over the prior fiscal year. This represents three consecutive years of sales and profit growth in...

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