View ValuationShin-Etsu PolymerLtd 将来の成長Future 基準チェック /26Shin-Etsu PolymerLtdは、11.6%と5.1%でそれぞれ年率11.6%で利益と収益が成長すると予測される一方、EPSはgrowで11.6%年率。主要情報11.6%収益成長率11.59%EPS成長率Chemicals 収益成長14.0%収益成長率5.1%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日01 May 2026今後の成長に関する最新情報Major Estimate Revision • Jul 11Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥109.8b to JP¥108.0b. EPS estimate also fell from JP¥121 per share to JP¥107 per share. Net income forecast to grow 1.7% next year vs 4.6% growth forecast for Chemicals industry in Japan. Consensus price target of JP¥1,740 unchanged from last update. Share price fell 6.3% to JP¥1,455 over the past week.Price Target Changed • May 19Price target increased to JP¥1,220Up from JP¥1,100, the current price target is an average from 3 analysts. New target price is 14% above last closing price of JP¥1,069. Stock is up 2.8% over the past year. The company is forecast to post earnings per share of JP¥93.45 for next year compared to JP¥78.14 last year.すべての更新を表示Recent updatesReported Earnings • Apr 28Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: JP¥123 (up from JP¥117 in FY 2025). Revenue: JP¥115.1b (up 4.1% from FY 2025). Net income: JP¥9.90b (up 5.0% from FY 2025). Profit margin: 8.6% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.2%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 27Shin-Etsu Polymer Co.,Ltd., Annual General Meeting, Jun 24, 2026Shin-Etsu Polymer Co.,Ltd., Annual General Meeting, Jun 24, 2026.お知らせ • Apr 21Shin-Etsu Polymer Co.,Ltd. to Report Fiscal Year 2026 Results on Apr 27, 2026Shin-Etsu Polymer Co.,Ltd. announced that they will report fiscal year 2026 results on Apr 27, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%).Reported Earnings • Jan 27Third quarter 2026 earnings released: EPS: JP¥33.98 (vs JP¥34.08 in 3Q 2025)Third quarter 2026 results: EPS: JP¥33.98 (down from JP¥34.08 in 3Q 2025). Revenue: JP¥30.4b (up 5.5% from 3Q 2025). Net income: JP¥2.73b (flat on 3Q 2025). Profit margin: 9.0% (in line with 3Q 2025). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Dec 11Shin-Etsu PolymerLtd (TSE:7970) Will Pay A Dividend Of ¥30.00The board of Shin-Etsu Polymer Co.,Ltd. ( TSE:7970 ) has announced that it will pay a dividend of ¥30.00 per share on...お知らせ • Dec 06Shin-Etsu Polymer Co.,Ltd. to Report Q3, 2026 Results on Jan 26, 2026Shin-Etsu Polymer Co.,Ltd. announced that they will report Q3, 2026 results on Jan 26, 2026分析記事 • Nov 27Shin-Etsu PolymerLtd (TSE:7970) Has Announced A Dividend Of ¥30.00Shin-Etsu Polymer Co.,Ltd. ( TSE:7970 ) has announced that it will pay a dividend of ¥30.00 per share on the 25th of...Declared Dividend • Nov 27First half dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 24Second quarter 2026 earnings released: EPS: JP¥29.48 (vs JP¥28.76 in 2Q 2025)Second quarter 2026 results: EPS: JP¥29.48 (up from JP¥28.76 in 2Q 2025). Revenue: JP¥28.2b (down 3.0% from 2Q 2025). Net income: JP¥2.37b (up 2.2% from 2Q 2025). Profit margin: 8.4% (up from 8.0% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 24Shin-Etsu Polymer Co.,Ltd. (TSE:7970) announces an Equity Buyback for 500,000 shares, representing 0.62% for ¥1,000 million.Shin-Etsu Polymer Co.,Ltd. (TSE:7970) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 0.62% of its share capital, for ¥1,000 million. The company will repurchase its shares in order to use these shares to be issued when stock option rights are exercised. The share repurchase program will run until December 31, 2025.. As of September 30, 2025, the company had 80,586,091 issued shares (excluding treasury stock) and 2,037,285 shares in treasury.Upcoming Dividend • Sep 22Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 26 November 2025. Payout ratio is a comfortable 41% and the cash payout ratio is 89%. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%).分析記事 • Sep 07Shin-Etsu PolymerLtd's (TSE:7970) Dividend Will Be Increased To ¥28.00The board of Shin-Etsu Polymer Co.,Ltd. ( TSE:7970 ) has announced that it will be paying its dividend of ¥28.00 on the...お知らせ • Sep 06Shin-Etsu Polymer Co.,Ltd. to Report Q2, 2026 Results on Oct 23, 2025Shin-Etsu Polymer Co.,Ltd. announced that they will report Q2, 2026 results on Oct 23, 2025分析記事 • Jul 25Shin-Etsu PolymerLtd (TSE:7970) Has Announced That It Will Be Increasing Its Dividend To ¥28.00Shin-Etsu Polymer Co.,Ltd. ( TSE:7970 ) has announced that it will be increasing its dividend from last year's...Reported Earnings • Jul 24First quarter 2026 earnings released: EPS: JP¥38.65 (vs JP¥28.05 in 1Q 2025)First quarter 2026 results: EPS: JP¥38.65 (up from JP¥28.05 in 1Q 2025). Revenue: JP¥28.0b (up 9.2% from 1Q 2025). Net income: JP¥3.11b (up 37% from 1Q 2025). Profit margin: 11% (up from 8.8% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.Declared Dividend • Jul 21Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 29th September 2025 Payment date: 26th November 2025 Dividend yield will be 3.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 25Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥117 (up from JP¥107 in FY 2024). Revenue: JP¥110.6b (up 5.9% from FY 2024). Net income: JP¥9.43b (up 8.7% from FY 2024). Profit margin: 8.5% (up from 8.3% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 4.4%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year.お知らせ • Jun 06Shin-Etsu Polymer Co.,Ltd. to Report Q1, 2026 Results on Jul 23, 2025Shin-Etsu Polymer Co.,Ltd. announced that they will report Q1, 2026 results on Jul 23, 2025お知らせ • May 22Shin-Etsu Polymer Co.,Ltd. Announces Dividend for the Year Ended March 31, 2025, Effective from June 25, 2025Shin-Etsu Polymer Co.,Ltd. announced dividend for the year ended March 31, 2025. For the year, the company announced dividend of JPY 27.00 per share compared to JPY 24.00 per share a year ago. Record date is March 31, 2025 and Effective date is June 25, 2025.Reported Earnings • Apr 25Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥117 (up from JP¥107 in FY 2024). Revenue: JP¥110.6b (up 5.9% from FY 2024). Net income: JP¥9.43b (up 8.7% from FY 2024). Profit margin: 8.5% (up from 8.3% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 4.4%. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year.お知らせ • Apr 24Shin-Etsu Polymer Co.,Ltd., Annual General Meeting, Jun 24, 2025Shin-Etsu Polymer Co.,Ltd., Annual General Meeting, Jun 24, 2025.分析記事 • Apr 02Shin-Etsu PolymerLtd's (TSE:7970) Returns Have Hit A WallIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Upcoming Dividend • Mar 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 43% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).お知らせ • Mar 06Shin-Etsu Polymer Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2025Shin-Etsu Polymer Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2025Reported Earnings • Jan 29Third quarter 2025 earnings released: EPS: JP¥34.08 (vs JP¥27.67 in 3Q 2024)Third quarter 2025 results: EPS: JP¥34.08 (up from JP¥27.67 in 3Q 2024). Revenue: JP¥28.8b (up 7.3% from 3Q 2024). Net income: JP¥2.74b (up 23% from 3Q 2024). Profit margin: 9.5% (up from 8.3% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Dec 04Shin-Etsu Polymer Co.,Ltd. to Report Q3, 2025 Results on Jan 28, 2025Shin-Etsu Polymer Co.,Ltd. announced that they will report Q3, 2025 results on Jan 28, 2025Declared Dividend • Nov 27First half dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 3.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but not covered by cash flows (dividend approximately 18x free cash flows). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 26Second quarter 2025 earnings released: EPS: JP¥28.76 (vs JP¥28.60 in 2Q 2024)Second quarter 2025 results: EPS: JP¥28.76 (up from JP¥28.60 in 2Q 2024). Revenue: JP¥29.1b (up 8.3% from 2Q 2024). Net income: JP¥2.32b (flat on 2Q 2024). Profit margin: 8.0% (down from 8.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year.お知らせ • Oct 24Shin-Etsu Polymer Co.,Ltd. (TSE:7970) announces an Equity Buyback for 500,000 shares, representing 0.62% for ¥900 million.Shin-Etsu Polymer Co.,Ltd. (TSE:7970) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 0.62% of its share capital, for ¥900 million. The company will repurchase its shares in order to use these shares to be issued when stock option rights are exercised. The share repurchase program will run until December 31, 2024. As of September 30, 2024, the company had 80,814,415 issued shares (excluding treasury stock) and 1,808,961 shares in treasury.Upcoming Dividend • Sep 20Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 28 November 2024. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%).お知らせ • Sep 06Shin-Etsu Polymer Co.,Ltd. to Report Q2, 2025 Results on Oct 24, 2024Shin-Etsu Polymer Co.,Ltd. announced that they will report Q2, 2025 results on Oct 24, 2024Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥1,266, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 37% over the past three years.New Risk • Aug 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.7% average weekly change).Reported Earnings • Jul 27First quarter 2025 earnings released: EPS: JP¥28.05 (vs JP¥28.41 in 1Q 2024)First quarter 2025 results: EPS: JP¥28.05 (down from JP¥28.41 in 1Q 2024). Revenue: JP¥25.6b (down 3.6% from 1Q 2024). Net income: JP¥2.27b (down 1.5% from 1Q 2024). Profit margin: 8.8% (up from 8.7% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 17% per year.分析記事 • Jul 26Returns On Capital At Shin-Etsu PolymerLtd (TSE:7970) Have StalledFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Declared Dividend • Jul 18Final dividend of JP¥22.00 announcedShareholders will receive a dividend of JP¥22.00. Ex-date: 27th September 2024 Payment date: 28th November 2024 Dividend yield will be 3.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Jul 01Now 26% overvaluedThe stock has been flat over the last 90 days, currently trading at JP¥1,512. The fair value is estimated to be JP¥1,197, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.Buy Or Sell Opportunity • Jun 14Now 20% overvaluedOver the last 90 days, the stock has fallen 7.7% to JP¥1,429. The fair value is estimated to be JP¥1,190, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.お知らせ • Apr 27Shin-Etsu Polymer Co.,Ltd., Annual General Meeting, Jun 25, 2024Shin-Etsu Polymer Co.,Ltd., Annual General Meeting, Jun 25, 2024.Reported Earnings • Apr 25Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥107 (up from JP¥106 in FY 2023). Revenue: JP¥104.4b (down 3.6% from FY 2023). Net income: JP¥8.67b (up 1.7% from FY 2023). Profit margin: 8.3% (up from 7.9% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year.Upcoming Dividend • Mar 21Upcoming dividend of JP¥22.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).お知らせ • Mar 08Shin-Etsu Polymer Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2024Shin-Etsu Polymer Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2024Reported Earnings • Jan 26Third quarter 2024 earnings released: EPS: JP¥27.67 (vs JP¥32.20 in 3Q 2023)Third quarter 2024 results: EPS: JP¥27.67 (down from JP¥32.20 in 3Q 2023). Revenue: JP¥26.8b (down 9.4% from 3Q 2023). Net income: JP¥2.23b (down 14% from 3Q 2023). Profit margin: 8.3% (down from 8.8% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year and the company’s share price has also increased by 19% per year.お知らせ • Dec 08Shin-Etsu Polymer Co.,Ltd. to Report Q3, 2024 Results on Jan 25, 2024Shin-Etsu Polymer Co.,Ltd. announced that they will report Q3, 2024 results on Jan 25, 2024Reported Earnings • Oct 28Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥28.60 (down from JP¥28.88 in 2Q 2023). Revenue: JP¥26.9b (down 1.7% from 2Q 2023). Net income: JP¥2.32b (flat on 2Q 2023). Profit margin: 8.6% (in line with 2Q 2023). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 28Shin-Etsu Polymer Co.,Ltd. (TSE:7970) announces an Equity Buyback for 600,000 shares, representing 0.74% for ¥900 million.Shin-Etsu Polymer Co.,Ltd. (TSE:7970) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 0.74% of its share capital, for ¥900 million. The company will repurchase its shares in order to use these shares to be issued when stock option rights are exercised. The share repurchase program will run until December 31, 2023. As of September 30, 2023, the company had 81,031,932 issued shares (excluding treasury stock) and 1,591,444 shares in treasury.Upcoming Dividend • Sep 21Upcoming dividend of JP¥22.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 27 November 2023. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%).お知らせ • Sep 07Shin-Etsu Polymer Co.,Ltd. to Report Q2, 2024 Results on Oct 26, 2023Shin-Etsu Polymer Co.,Ltd. announced that they will report Q2, 2024 results on Oct 26, 2023Reported Earnings • Jul 27First quarter 2024 earnings released: EPS: JP¥28.41 (vs JP¥33.53 in 1Q 2023)First quarter 2024 results: EPS: JP¥28.41 (down from JP¥33.53 in 1Q 2023). Revenue: JP¥26.6b (up 5.4% from 1Q 2023). Net income: JP¥2.30b (down 15% from 1Q 2023). Profit margin: 8.7% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 16% per year.Board Change • Jul 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). President, COO & Director Toshiaki Deto is the most experienced director on the board, commencing their role in 2016. Independent Outside Corporate Auditor Tomoko Moriya was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Major Estimate Revision • Jul 11Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥109.8b to JP¥108.0b. EPS estimate also fell from JP¥121 per share to JP¥107 per share. Net income forecast to grow 1.7% next year vs 4.6% growth forecast for Chemicals industry in Japan. Consensus price target of JP¥1,740 unchanged from last update. Share price fell 6.3% to JP¥1,455 over the past week.お知らせ • Jun 09Shin-Etsu Polymer Co.,Ltd. to Report Q1, 2024 Results on Jul 26, 2023Shin-Etsu Polymer Co.,Ltd. announced that they will report Q1, 2024 results on Jul 26, 2023Reported Earnings • Apr 28Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥106 (up from JP¥78.14 in FY 2022). Revenue: JP¥108.3b (up 17% from FY 2022). Net income: JP¥8.53b (up 35% from FY 2022). Profit margin: 7.9% (up from 6.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 17% per year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per share at 2.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 24 June 2023. Payout ratio is a comfortable 31% and the cash payout ratio is 84%. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.8%).Reported Earnings • Jan 26Third quarter 2023 earnings released: EPS: JP¥32.20 (vs JP¥26.79 in 3Q 2022)Third quarter 2023 results: EPS: JP¥32.20 (up from JP¥26.79 in 3Q 2022). Revenue: JP¥29.6b (up 18% from 3Q 2022). Net income: JP¥2.60b (up 21% from 3Q 2022). Profit margin: 8.8% (up from 8.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year.お知らせ • Dec 09Shin-Etsu Polymer Co.,Ltd. to Report Q3, 2023 Results on Jan 25, 2023Shin-Etsu Polymer Co.,Ltd. announced that they will report Q3, 2023 results on Jan 25, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Outside Director Osamu Miyashita was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 27Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: JP¥28.88 (up from JP¥20.71 in 2Q 2022). Revenue: JP¥27.3b (up 21% from 2Q 2022). Net income: JP¥2.33b (up 39% from 2Q 2022). Profit margin: 8.5% (up from 7.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 5.2%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.Upcoming Dividend • Sep 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 28 November 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.9%).お知らせ • Sep 09Shin-Etsu Polymer Co.,Ltd. to Report Q2, 2023 Results on Oct 26, 2022Shin-Etsu Polymer Co.,Ltd. announced that they will report Q2, 2023 results on Oct 26, 2022Reported Earnings • Jul 27First quarter 2023 earnings released: EPS: JP¥33.53 (vs JP¥22.41 in 1Q 2022)First quarter 2023 results: EPS: JP¥33.53 (up from JP¥22.41 in 1Q 2022). Revenue: JP¥25.2b (up 20% from 1Q 2022). Net income: JP¥2.70b (up 49% from 1Q 2022). Profit margin: 11% (up from 8.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.8%, compared to a 12% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 08Shin-Etsu Polymer Co.,Ltd. to Report Q1, 2023 Results on Jul 26, 2022Shin-Etsu Polymer Co.,Ltd. announced that they will report Q1, 2023 results on Jul 26, 2022Price Target Changed • May 19Price target increased to JP¥1,220Up from JP¥1,100, the current price target is an average from 3 analysts. New target price is 14% above last closing price of JP¥1,069. Stock is up 2.8% over the past year. The company is forecast to post earnings per share of JP¥93.45 for next year compared to JP¥78.14 last year.Reported Earnings • Apr 28Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥78.14 (up from JP¥56.08 in FY 2021). Revenue: JP¥92.6b (up 21% from FY 2021). Net income: JP¥6.31b (up 39% from FY 2021). Profit margin: 6.8% (up from 5.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Over the next year, revenue is forecast to grow 8.0%, compared to a 9.7% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Buying Opportunity • Apr 27Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.1%. The fair value is estimated to be JP¥1,260, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 2.7%. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to grow by 27% in the next 2 years.お知らせ • Apr 08Shin-Etsu Polymer Co.,Ltd. to Report Fiscal Year 2022 Results on Apr 26, 2022Shin-Etsu Polymer Co.,Ltd. announced that they will report fiscal year 2022 results on Apr 26, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.6%).Buying Opportunity • Mar 07Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.2%. The fair value is estimated to be JP¥1,276, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 2.7% per annum over the last 3 years.Reported Earnings • Jan 28Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2022 results: EPS: JP¥26.79 (up from JP¥16.39 in 3Q 2021). Revenue: JP¥25.2b (up 26% from 3Q 2021). Net income: JP¥2.16b (up 63% from 3Q 2021). Profit margin: 8.6% (up from 6.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 20%. Over the next year, revenue is forecast to grow 6.6%, compared to a 8.9% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Reported Earnings • Oct 27Second quarter 2022 earnings released: EPS JP¥20.71 (vs JP¥11.13 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥22.7b (up 30% from 2Q 2021). Net income: JP¥1.68b (up 86% from 2Q 2021). Profit margin: 7.4% (up from 5.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 22Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 26 November 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%).Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥1,100, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 28% over the past three years.Reported Earnings • Jul 27First quarter 2022 earnings released: EPS JP¥22.41 (vs JP¥15.47 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥21.0b (up 15% from 1Q 2021). Net income: JP¥1.81b (up 45% from 1Q 2021). Profit margin: 8.6% (up from 6.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Apr 29Full year 2021 earnings released: EPS JP¥56.08 (vs JP¥77.55 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥76.9b (down 4.2% from FY 2020). Net income: JP¥4.54b (down 28% from FY 2020). Profit margin: 5.9% (down from 7.8% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.8%).お知らせ • Mar 10Shin-Etsu Polymer Co.,Ltd. to Report Fiscal Year 2021 Results on Apr 27, 2021Shin-Etsu Polymer Co.,Ltd. announced that they will report fiscal year 2021 results on Apr 27, 2021Is New 90 Day High Low • Feb 12New 90-day high: JP¥1,066The company is up 16% from its price of JP¥922 on 13 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,250 per share.Analyst Estimate Surprise Post Earnings • Feb 11Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 5.8%, compared to a 6.5% growth forecast for the Chemicals industry in Japan.Reported Earnings • Feb 11Third quarter 2021 earnings released: EPS JP¥16.39 (vs JP¥20.61 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥20.0b (down 2.2% from 3Q 2020). Net income: JP¥1.33b (down 21% from 3Q 2020). Profit margin: 6.6% (down from 8.2% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Jan 28Third quarter 2021 earnings released: EPS JP¥16.39 (vs JP¥20.61 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥20.0b (down 2.2% from 3Q 2020). Net income: JP¥1.33b (down 21% from 3Q 2020). Profit margin: 6.6% (down from 8.2% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Jan 28Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 4.4%, compared to a 4.5% growth forecast for the Chemicals industry in Japan.Is New 90 Day High Low • Jan 26New 90-day high: JP¥1,006The company is up 6.0% from its price of JP¥945 on 28 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,137 per share.Is New 90 Day High Low • Dec 02New 90-day high: JP¥976The company is up 12% from its price of JP¥873 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,002 per share.お知らせ • Sep 12Shin-Etsu Polymer Co.,Ltd. to Report Q2, 2021 Results on Oct 26, 2020Shin-Etsu Polymer Co.,Ltd. announced that they will report Q2, 2021 results on Oct 26, 2020業績と収益の成長予測TSE:7970 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2029134,00014,000N/A15,81013/31/2028126,70012,400N/A14,36013/31/2027120,00011,000N/A14,04113/31/2026115,1169,89910,21214,450N/A12/31/2025113,63210,308N/AN/AN/A9/30/2025112,06010,3249,00815,139N/A6/30/2025112,93410,274N/AN/AN/A3/31/2025110,5829,4305,05416,013N/A12/31/2024107,6089,156N/AN/AN/A9/30/2024105,6608,64622314,217N/A6/30/2024103,4178,639N/AN/AN/A3/31/2024104,3798,674-2,96211,973N/A12/31/2023106,3927,746N/AN/AN/A9/30/2023109,1858,113-3,21311,565N/A6/30/2023109,6398,126N/AN/AN/A3/31/2023108,2788,529-1,8139,124N/A12/31/2022105,9278,294N/AN/AN/A9/30/2022101,4707,8522,2159,887N/A6/30/202296,8307,198N/AN/AN/A3/31/202292,6406,3085,1879,759N/A12/31/202190,0106,706N/AN/AN/A9/30/202184,8325,8746,0668,493N/A6/30/202179,6085,098N/AN/AN/A3/31/202176,9044,5367,85610,641N/A12/31/202075,3125,027N/AN/AN/A9/30/202075,7595,3706,54810,302N/A6/30/202079,1486,251N/AN/AN/A3/31/202080,2546,2882,7327,688N/A12/31/201980,9596,020N/AN/AN/A9/30/201983,4406,138N/A9,613N/A6/30/201984,2015,899N/AN/AN/A3/31/201985,4606,049N/A9,498N/A12/31/201885,2786,068N/AN/AN/A9/30/201882,6585,882N/A6,863N/A6/30/201881,0575,639N/AN/AN/A3/31/201879,3435,455N/A8,447N/A12/31/201778,0795,018N/AN/AN/A9/30/201776,4394,597N/A8,821N/A6/30/201775,0254,657N/AN/AN/A3/31/201773,9794,230N/A7,278N/A12/31/201673,2814,170N/AN/AN/A9/30/201674,3373,862N/A7,810N/A6/30/201674,8363,196N/AN/AN/A3/31/201675,0393,151N/A7,682N/A12/31/201575,5062,544N/AN/AN/A9/30/201574,0692,243N/A5,403N/A6/30/201572,5582,107N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 7970の予測収益成長率 (年間11.6% ) は 貯蓄率 ( 0.8% ) を上回っています。収益対市場: 7970の収益 ( 11.6% ) はJP市場 ( 8.9% ) よりも速いペースで成長すると予測されています。高成長収益: 7970の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 7970の収益 ( 5.1% ) JP市場 ( 5.2% ) よりも低い成長が予測されています。高い収益成長: 7970の収益 ( 5.1% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 7970の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 16:56終値2026/05/21 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Shin-Etsu Polymer Co.,Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Takashi EnomotoBofA Global ResearchMitsuhiro OsawaIchiyoshi Research Institute Inc.Shuuichi NakaharaTokai Tokyo Intelligence Laboratory Co., Ltd.
Major Estimate Revision • Jul 11Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥109.8b to JP¥108.0b. EPS estimate also fell from JP¥121 per share to JP¥107 per share. Net income forecast to grow 1.7% next year vs 4.6% growth forecast for Chemicals industry in Japan. Consensus price target of JP¥1,740 unchanged from last update. Share price fell 6.3% to JP¥1,455 over the past week.
Price Target Changed • May 19Price target increased to JP¥1,220Up from JP¥1,100, the current price target is an average from 3 analysts. New target price is 14% above last closing price of JP¥1,069. Stock is up 2.8% over the past year. The company is forecast to post earnings per share of JP¥93.45 for next year compared to JP¥78.14 last year.
Reported Earnings • Apr 28Full year 2026 earnings: EPS misses analyst expectationsFull year 2026 results: EPS: JP¥123 (up from JP¥117 in FY 2025). Revenue: JP¥115.1b (up 4.1% from FY 2025). Net income: JP¥9.90b (up 5.0% from FY 2025). Profit margin: 8.6% (in line with FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.2%. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 27Shin-Etsu Polymer Co.,Ltd., Annual General Meeting, Jun 24, 2026Shin-Etsu Polymer Co.,Ltd., Annual General Meeting, Jun 24, 2026.
お知らせ • Apr 21Shin-Etsu Polymer Co.,Ltd. to Report Fiscal Year 2026 Results on Apr 27, 2026Shin-Etsu Polymer Co.,Ltd. announced that they will report fiscal year 2026 results on Apr 27, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%).
Reported Earnings • Jan 27Third quarter 2026 earnings released: EPS: JP¥33.98 (vs JP¥34.08 in 3Q 2025)Third quarter 2026 results: EPS: JP¥33.98 (down from JP¥34.08 in 3Q 2025). Revenue: JP¥30.4b (up 5.5% from 3Q 2025). Net income: JP¥2.73b (flat on 3Q 2025). Profit margin: 9.0% (in line with 3Q 2025). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Dec 11Shin-Etsu PolymerLtd (TSE:7970) Will Pay A Dividend Of ¥30.00The board of Shin-Etsu Polymer Co.,Ltd. ( TSE:7970 ) has announced that it will pay a dividend of ¥30.00 per share on...
お知らせ • Dec 06Shin-Etsu Polymer Co.,Ltd. to Report Q3, 2026 Results on Jan 26, 2026Shin-Etsu Polymer Co.,Ltd. announced that they will report Q3, 2026 results on Jan 26, 2026
分析記事 • Nov 27Shin-Etsu PolymerLtd (TSE:7970) Has Announced A Dividend Of ¥30.00Shin-Etsu Polymer Co.,Ltd. ( TSE:7970 ) has announced that it will pay a dividend of ¥30.00 per share on the 25th of...
Declared Dividend • Nov 27First half dividend of JP¥30.00 announcedShareholders will receive a dividend of JP¥30.00. Ex-date: 30th March 2026 Payment date: 25th June 2026 Dividend yield will be 3.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 24Second quarter 2026 earnings released: EPS: JP¥29.48 (vs JP¥28.76 in 2Q 2025)Second quarter 2026 results: EPS: JP¥29.48 (up from JP¥28.76 in 2Q 2025). Revenue: JP¥28.2b (down 3.0% from 2Q 2025). Net income: JP¥2.37b (up 2.2% from 2Q 2025). Profit margin: 8.4% (up from 8.0% in 2Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 24Shin-Etsu Polymer Co.,Ltd. (TSE:7970) announces an Equity Buyback for 500,000 shares, representing 0.62% for ¥1,000 million.Shin-Etsu Polymer Co.,Ltd. (TSE:7970) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 0.62% of its share capital, for ¥1,000 million. The company will repurchase its shares in order to use these shares to be issued when stock option rights are exercised. The share repurchase program will run until December 31, 2025.. As of September 30, 2025, the company had 80,586,091 issued shares (excluding treasury stock) and 2,037,285 shares in treasury.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥28.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 26 November 2025. Payout ratio is a comfortable 41% and the cash payout ratio is 89%. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.6%).
分析記事 • Sep 07Shin-Etsu PolymerLtd's (TSE:7970) Dividend Will Be Increased To ¥28.00The board of Shin-Etsu Polymer Co.,Ltd. ( TSE:7970 ) has announced that it will be paying its dividend of ¥28.00 on the...
お知らせ • Sep 06Shin-Etsu Polymer Co.,Ltd. to Report Q2, 2026 Results on Oct 23, 2025Shin-Etsu Polymer Co.,Ltd. announced that they will report Q2, 2026 results on Oct 23, 2025
分析記事 • Jul 25Shin-Etsu PolymerLtd (TSE:7970) Has Announced That It Will Be Increasing Its Dividend To ¥28.00Shin-Etsu Polymer Co.,Ltd. ( TSE:7970 ) has announced that it will be increasing its dividend from last year's...
Reported Earnings • Jul 24First quarter 2026 earnings released: EPS: JP¥38.65 (vs JP¥28.05 in 1Q 2025)First quarter 2026 results: EPS: JP¥38.65 (up from JP¥28.05 in 1Q 2025). Revenue: JP¥28.0b (up 9.2% from 1Q 2025). Net income: JP¥3.11b (up 37% from 1Q 2025). Profit margin: 11% (up from 8.8% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.
Declared Dividend • Jul 21Final dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 29th September 2025 Payment date: 26th November 2025 Dividend yield will be 3.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 25Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥117 (up from JP¥107 in FY 2024). Revenue: JP¥110.6b (up 5.9% from FY 2024). Net income: JP¥9.43b (up 8.7% from FY 2024). Profit margin: 8.5% (up from 8.3% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 4.4%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Jun 06Shin-Etsu Polymer Co.,Ltd. to Report Q1, 2026 Results on Jul 23, 2025Shin-Etsu Polymer Co.,Ltd. announced that they will report Q1, 2026 results on Jul 23, 2025
お知らせ • May 22Shin-Etsu Polymer Co.,Ltd. Announces Dividend for the Year Ended March 31, 2025, Effective from June 25, 2025Shin-Etsu Polymer Co.,Ltd. announced dividend for the year ended March 31, 2025. For the year, the company announced dividend of JPY 27.00 per share compared to JPY 24.00 per share a year ago. Record date is March 31, 2025 and Effective date is June 25, 2025.
Reported Earnings • Apr 25Full year 2025 earnings: EPS and revenues exceed analyst expectationsFull year 2025 results: EPS: JP¥117 (up from JP¥107 in FY 2024). Revenue: JP¥110.6b (up 5.9% from FY 2024). Net income: JP¥9.43b (up 8.7% from FY 2024). Profit margin: 8.5% (up from 8.3% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 4.4%. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Apr 24Shin-Etsu Polymer Co.,Ltd., Annual General Meeting, Jun 24, 2025Shin-Etsu Polymer Co.,Ltd., Annual General Meeting, Jun 24, 2025.
分析記事 • Apr 02Shin-Etsu PolymerLtd's (TSE:7970) Returns Have Hit A WallIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥25.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 43% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.6%).
お知らせ • Mar 06Shin-Etsu Polymer Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2025Shin-Etsu Polymer Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2025
Reported Earnings • Jan 29Third quarter 2025 earnings released: EPS: JP¥34.08 (vs JP¥27.67 in 3Q 2024)Third quarter 2025 results: EPS: JP¥34.08 (up from JP¥27.67 in 3Q 2024). Revenue: JP¥28.8b (up 7.3% from 3Q 2024). Net income: JP¥2.74b (up 23% from 3Q 2024). Profit margin: 9.5% (up from 8.3% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Dec 04Shin-Etsu Polymer Co.,Ltd. to Report Q3, 2025 Results on Jan 28, 2025Shin-Etsu Polymer Co.,Ltd. announced that they will report Q3, 2025 results on Jan 28, 2025
Declared Dividend • Nov 27First half dividend of JP¥25.00 announcedShareholders will receive a dividend of JP¥25.00. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 3.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but not covered by cash flows (dividend approximately 18x free cash flows). The dividend has increased by an average of 19% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 26Second quarter 2025 earnings released: EPS: JP¥28.76 (vs JP¥28.60 in 2Q 2024)Second quarter 2025 results: EPS: JP¥28.76 (up from JP¥28.60 in 2Q 2024). Revenue: JP¥29.1b (up 8.3% from 2Q 2024). Net income: JP¥2.32b (flat on 2Q 2024). Profit margin: 8.0% (down from 8.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Oct 24Shin-Etsu Polymer Co.,Ltd. (TSE:7970) announces an Equity Buyback for 500,000 shares, representing 0.62% for ¥900 million.Shin-Etsu Polymer Co.,Ltd. (TSE:7970) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 0.62% of its share capital, for ¥900 million. The company will repurchase its shares in order to use these shares to be issued when stock option rights are exercised. The share repurchase program will run until December 31, 2024. As of September 30, 2024, the company had 80,814,415 issued shares (excluding treasury stock) and 1,808,961 shares in treasury.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥24.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 28 November 2024. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.4%).
お知らせ • Sep 06Shin-Etsu Polymer Co.,Ltd. to Report Q2, 2025 Results on Oct 24, 2024Shin-Etsu Polymer Co.,Ltd. announced that they will report Q2, 2025 results on Oct 24, 2024
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to JP¥1,266, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 37% over the past three years.
New Risk • Aug 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.7% average weekly change).
Reported Earnings • Jul 27First quarter 2025 earnings released: EPS: JP¥28.05 (vs JP¥28.41 in 1Q 2024)First quarter 2025 results: EPS: JP¥28.05 (down from JP¥28.41 in 1Q 2024). Revenue: JP¥25.6b (down 3.6% from 1Q 2024). Net income: JP¥2.27b (down 1.5% from 1Q 2024). Profit margin: 8.8% (up from 8.7% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 17% per year.
分析記事 • Jul 26Returns On Capital At Shin-Etsu PolymerLtd (TSE:7970) Have StalledFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Declared Dividend • Jul 18Final dividend of JP¥22.00 announcedShareholders will receive a dividend of JP¥22.00. Ex-date: 27th September 2024 Payment date: 28th November 2024 Dividend yield will be 3.0%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (44% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Jul 01Now 26% overvaluedThe stock has been flat over the last 90 days, currently trading at JP¥1,512. The fair value is estimated to be JP¥1,197, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
Buy Or Sell Opportunity • Jun 14Now 20% overvaluedOver the last 90 days, the stock has fallen 7.7% to JP¥1,429. The fair value is estimated to be JP¥1,190, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
お知らせ • Apr 27Shin-Etsu Polymer Co.,Ltd., Annual General Meeting, Jun 25, 2024Shin-Etsu Polymer Co.,Ltd., Annual General Meeting, Jun 25, 2024.
Reported Earnings • Apr 25Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥107 (up from JP¥106 in FY 2023). Revenue: JP¥104.4b (down 3.6% from FY 2023). Net income: JP¥8.67b (up 1.7% from FY 2023). Profit margin: 8.3% (up from 7.9% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥22.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 44% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.1%).
お知らせ • Mar 08Shin-Etsu Polymer Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 24, 2024Shin-Etsu Polymer Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 24, 2024
Reported Earnings • Jan 26Third quarter 2024 earnings released: EPS: JP¥27.67 (vs JP¥32.20 in 3Q 2023)Third quarter 2024 results: EPS: JP¥27.67 (down from JP¥32.20 in 3Q 2023). Revenue: JP¥26.8b (down 9.4% from 3Q 2023). Net income: JP¥2.23b (down 14% from 3Q 2023). Profit margin: 8.3% (down from 8.8% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year and the company’s share price has also increased by 19% per year.
お知らせ • Dec 08Shin-Etsu Polymer Co.,Ltd. to Report Q3, 2024 Results on Jan 25, 2024Shin-Etsu Polymer Co.,Ltd. announced that they will report Q3, 2024 results on Jan 25, 2024
Reported Earnings • Oct 28Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥28.60 (down from JP¥28.88 in 2Q 2023). Revenue: JP¥26.9b (down 1.7% from 2Q 2023). Net income: JP¥2.32b (flat on 2Q 2023). Profit margin: 8.6% (in line with 2Q 2023). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 28Shin-Etsu Polymer Co.,Ltd. (TSE:7970) announces an Equity Buyback for 600,000 shares, representing 0.74% for ¥900 million.Shin-Etsu Polymer Co.,Ltd. (TSE:7970) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 0.74% of its share capital, for ¥900 million. The company will repurchase its shares in order to use these shares to be issued when stock option rights are exercised. The share repurchase program will run until December 31, 2023. As of September 30, 2023, the company had 81,031,932 issued shares (excluding treasury stock) and 1,591,444 shares in treasury.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥22.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 27 November 2023. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.5%).
お知らせ • Sep 07Shin-Etsu Polymer Co.,Ltd. to Report Q2, 2024 Results on Oct 26, 2023Shin-Etsu Polymer Co.,Ltd. announced that they will report Q2, 2024 results on Oct 26, 2023
Reported Earnings • Jul 27First quarter 2024 earnings released: EPS: JP¥28.41 (vs JP¥33.53 in 1Q 2023)First quarter 2024 results: EPS: JP¥28.41 (down from JP¥33.53 in 1Q 2023). Revenue: JP¥26.6b (up 5.4% from 1Q 2023). Net income: JP¥2.30b (down 15% from 1Q 2023). Profit margin: 8.7% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 16% per year.
Board Change • Jul 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). President, COO & Director Toshiaki Deto is the most experienced director on the board, commencing their role in 2016. Independent Outside Corporate Auditor Tomoko Moriya was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Major Estimate Revision • Jul 11Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from JP¥109.8b to JP¥108.0b. EPS estimate also fell from JP¥121 per share to JP¥107 per share. Net income forecast to grow 1.7% next year vs 4.6% growth forecast for Chemicals industry in Japan. Consensus price target of JP¥1,740 unchanged from last update. Share price fell 6.3% to JP¥1,455 over the past week.
お知らせ • Jun 09Shin-Etsu Polymer Co.,Ltd. to Report Q1, 2024 Results on Jul 26, 2023Shin-Etsu Polymer Co.,Ltd. announced that they will report Q1, 2024 results on Jul 26, 2023
Reported Earnings • Apr 28Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥106 (up from JP¥78.14 in FY 2022). Revenue: JP¥108.3b (up 17% from FY 2022). Net income: JP¥8.53b (up 35% from FY 2022). Profit margin: 7.9% (up from 6.8% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 17% per year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥18.00 per share at 2.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 24 June 2023. Payout ratio is a comfortable 31% and the cash payout ratio is 84%. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.8%).
Reported Earnings • Jan 26Third quarter 2023 earnings released: EPS: JP¥32.20 (vs JP¥26.79 in 3Q 2022)Third quarter 2023 results: EPS: JP¥32.20 (up from JP¥26.79 in 3Q 2022). Revenue: JP¥29.6b (up 18% from 3Q 2022). Net income: JP¥2.60b (up 21% from 3Q 2022). Profit margin: 8.8% (up from 8.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year.
お知らせ • Dec 09Shin-Etsu Polymer Co.,Ltd. to Report Q3, 2023 Results on Jan 25, 2023Shin-Etsu Polymer Co.,Ltd. announced that they will report Q3, 2023 results on Jan 25, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Outside Director Osamu Miyashita was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 27Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: JP¥28.88 (up from JP¥20.71 in 2Q 2022). Revenue: JP¥27.3b (up 21% from 2Q 2022). Net income: JP¥2.33b (up 39% from 2Q 2022). Profit margin: 8.5% (up from 7.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 5.2%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 28 November 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.9%).
お知らせ • Sep 09Shin-Etsu Polymer Co.,Ltd. to Report Q2, 2023 Results on Oct 26, 2022Shin-Etsu Polymer Co.,Ltd. announced that they will report Q2, 2023 results on Oct 26, 2022
Reported Earnings • Jul 27First quarter 2023 earnings released: EPS: JP¥33.53 (vs JP¥22.41 in 1Q 2022)First quarter 2023 results: EPS: JP¥33.53 (up from JP¥22.41 in 1Q 2022). Revenue: JP¥25.2b (up 20% from 1Q 2022). Net income: JP¥2.70b (up 49% from 1Q 2022). Profit margin: 11% (up from 8.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.8%, compared to a 12% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 08Shin-Etsu Polymer Co.,Ltd. to Report Q1, 2023 Results on Jul 26, 2022Shin-Etsu Polymer Co.,Ltd. announced that they will report Q1, 2023 results on Jul 26, 2022
Price Target Changed • May 19Price target increased to JP¥1,220Up from JP¥1,100, the current price target is an average from 3 analysts. New target price is 14% above last closing price of JP¥1,069. Stock is up 2.8% over the past year. The company is forecast to post earnings per share of JP¥93.45 for next year compared to JP¥78.14 last year.
Reported Earnings • Apr 28Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: JP¥78.14 (up from JP¥56.08 in FY 2021). Revenue: JP¥92.6b (up 21% from FY 2021). Net income: JP¥6.31b (up 39% from FY 2021). Profit margin: 6.8% (up from 5.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Over the next year, revenue is forecast to grow 8.0%, compared to a 9.7% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Buying Opportunity • Apr 27Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.1%. The fair value is estimated to be JP¥1,260, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 2.7%. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to grow by 27% in the next 2 years.
お知らせ • Apr 08Shin-Etsu Polymer Co.,Ltd. to Report Fiscal Year 2022 Results on Apr 26, 2022Shin-Etsu Polymer Co.,Ltd. announced that they will report fiscal year 2022 results on Apr 26, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.6%).
Buying Opportunity • Mar 07Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.2%. The fair value is estimated to be JP¥1,276, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 2.7% per annum over the last 3 years.
Reported Earnings • Jan 28Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2022 results: EPS: JP¥26.79 (up from JP¥16.39 in 3Q 2021). Revenue: JP¥25.2b (up 26% from 3Q 2021). Net income: JP¥2.16b (up 63% from 3Q 2021). Profit margin: 8.6% (up from 6.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 20%. Over the next year, revenue is forecast to grow 6.6%, compared to a 8.9% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Reported Earnings • Oct 27Second quarter 2022 earnings released: EPS JP¥20.71 (vs JP¥11.13 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥22.7b (up 30% from 2Q 2021). Net income: JP¥1.68b (up 86% from 2Q 2021). Profit margin: 7.4% (up from 5.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 26 November 2021. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%).
Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥1,100, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Chemicals industry in Japan. Total returns to shareholders of 28% over the past three years.
Reported Earnings • Jul 27First quarter 2022 earnings released: EPS JP¥22.41 (vs JP¥15.47 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥21.0b (up 15% from 1Q 2021). Net income: JP¥1.81b (up 45% from 1Q 2021). Profit margin: 8.6% (up from 6.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 29Full year 2021 earnings released: EPS JP¥56.08 (vs JP¥77.55 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥76.9b (down 4.2% from FY 2020). Net income: JP¥4.54b (down 28% from FY 2020). Profit margin: 5.9% (down from 7.8% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (2.7%). In line with average of industry peers (1.8%).
お知らせ • Mar 10Shin-Etsu Polymer Co.,Ltd. to Report Fiscal Year 2021 Results on Apr 27, 2021Shin-Etsu Polymer Co.,Ltd. announced that they will report fiscal year 2021 results on Apr 27, 2021
Is New 90 Day High Low • Feb 12New 90-day high: JP¥1,066The company is up 16% from its price of JP¥922 on 13 November 2020. The Japanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,250 per share.
Analyst Estimate Surprise Post Earnings • Feb 11Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 5.8%, compared to a 6.5% growth forecast for the Chemicals industry in Japan.
Reported Earnings • Feb 11Third quarter 2021 earnings released: EPS JP¥16.39 (vs JP¥20.61 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥20.0b (down 2.2% from 3Q 2020). Net income: JP¥1.33b (down 21% from 3Q 2020). Profit margin: 6.6% (down from 8.2% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Jan 28Third quarter 2021 earnings released: EPS JP¥16.39 (vs JP¥20.61 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥20.0b (down 2.2% from 3Q 2020). Net income: JP¥1.33b (down 21% from 3Q 2020). Profit margin: 6.6% (down from 8.2% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Jan 28Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 3.7%. Over the next year, revenue is forecast to grow 4.4%, compared to a 4.5% growth forecast for the Chemicals industry in Japan.
Is New 90 Day High Low • Jan 26New 90-day high: JP¥1,006The company is up 6.0% from its price of JP¥945 on 28 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,137 per share.
Is New 90 Day High Low • Dec 02New 90-day high: JP¥976The company is up 12% from its price of JP¥873 on 03 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,002 per share.
お知らせ • Sep 12Shin-Etsu Polymer Co.,Ltd. to Report Q2, 2021 Results on Oct 26, 2020Shin-Etsu Polymer Co.,Ltd. announced that they will report Q2, 2021 results on Oct 26, 2020