Komori
Earnings7970Shin-Etsu Polymer Co.,Ltd.Materials and Chemicals

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, net sales, operating income, ordinary income and interim net income attributable to owners of the parent exceeded the year-earlier period. The full-year earnings forecast and dividend forecast were revised, with the annual dividend forecast increased from ¥62 to ¥72 per share.

Worth reading
52Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
31.6
%
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales64,325¥ millionYear on year +14.4%Progress 50.6%
Operating profit9,354¥ millionYear on year +31.6%Progress 51.4%
Ordinary income9,132¥ millionYear on year +26.0%Progress 50.7%
Net income attributable to owners of the parent6,095¥ millionYear on year +11.2%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥75.79
Financial position at period-end
Total assets162,808¥ million
of which net assets 135,470 ¥ millionEquity ratio 82.9%vs. prior year-end -1.5pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating+8,664
Investment-4,735
Financials-2,669
Net change+1,260

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥48,841 million
Segment revenueElectronic Devices Business ¥13,186 million (YoY +4.0%), Precision Molded Products ¥34,028 million (YoY +16.6%), Living Environment and Lifestyle Materials ¥12,077 million (YoY +11.1%), Other ¥5,032 million (YoY +44.7%)
Segment profitElectronic Devices Business ¥676 million (YoY +4.7%), Precision Molded Products ¥6,727 million (YoY +21.9%), Living Environment and Lifestyle Materials ¥1,632 million (YoY +109.0%), Other ¥317 million (YoY +91.1%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥127,000 million (YoY +10.3%)
Operating profit¥18,200 million (YoY +29.6%)
Ordinary income¥18,000 million (YoY +28.5%)
Profit attributable to owners of the parent¥11,800 million (YoY +19.2%)
Annual Dividend Forecast¥62 → ¥72(+16.1%)
Factors Behind Changes in Business Performance

Strong demand for semiconductor products driven by AI-related demand, demand related to electric vehicles, and expanding demand for products across the Company's businesses. The Company also expanded sales and pursued rationalisation, increased capacity, explored new themes and conducted M&A in line with its medium-term management plan.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on reversal of subscription rights to shares ¥7 million / Extraordinary loss Loss on cancellation of outsourcing agreement ¥49 million
Depreciation and amortization¥2,650 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person For analysts
Issued Shares at Period-End82,623,376 Shares
Treasury Shares at Period-End2,165,367 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥64,325 million (YoY +14.4%)
Operating profit¥9,354 million (YoY +31.6%)
Ordinary income¥9,132 million (YoY +26.0%)
Profit attributable to owners of the parent¥6,095 million (YoY +11.2%)
Net income per share¥75.79
Equity ratioEnd of the current fiscal period 82.9 / End of previous period 84.4
Total assets¥162,808 million
Net assets¥135,470 million
Cash flows from operating activities¥8,664 million
Cash flows from investing activities¥-4,735 million
Cash flows from financing activities¥-2,669 million
Cash and cash equivalents at end of period¥48,841 million
Full-year earnings forecastNet Sales ¥127,000 million (YoY +10.3%) / Operating profit ¥18,200 million (YoY +29.6%) / Ordinary income ¥18,000 million (YoY +28.5%) / Profit attributable to owners of the parent ¥11,800 million (YoY +19.2%)
Annual Dividend Forecast¥62 → ¥72(+16.1%)
Segment revenueElectronic Devices Business ¥13,186 million (YoY +4.0%), Precision Molded Products ¥34,028 million (YoY +16.6%), Living Environment and Lifestyle Materials ¥12,077 million (YoY +11.1%), Other ¥5,032 million (YoY +44.7%)
Segment profitElectronic Devices Business ¥676 million (YoY +4.7%), Precision Molded Products ¥6,727 million (YoY +21.9%), Living Environment and Lifestyle Materials ¥1,632 million (YoY +109.0%), Other ¥317 million (YoY +91.1%)
Depreciation and amortization¥2,650 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on reversal of subscription rights to shares ¥7 million / Extraordinary loss Loss on cancellation of outsourcing agreement ¥49 million
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person For analysts
Issued Shares at Period-End82,623,376 Shares
Treasury Shares at Period-End2,165,367 Shares
Factors Behind Changes in Business PerformanceStrong demand for semiconductor products driven by AI-related demand, demand related to electric vehicles, and expanding demand for products across the Company's businesses. The Company also expanded sales and pursued rationalisation, increased capacity, explored new themes and conducted M&A in line with its medium-term management plan.
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial subsequent events

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The Company cited increased demand for semiconductor products driven by AI-related demand, demand related to electric vehicles, and expanding demand for products across its businesses, as well as expanded sales and rationalisation, capacity expansion, exploration of new themes and the execution of M&A in line with its medium-term management plan.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Shin-Etsu Polymer Co.,Ltd. (7970) timely disclosure | Komori