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Shin-Etsu Polymer (7970) · RiskSlowing EV demand coexisted with rising demand for AI semiconductorsLatest Earnings (2026-10-26): "Mitigated"

Stagnant semiconductor and electronic component market conditions and sluggish automotive-related demand

First written in FY2020-Q1. 7 of 18 entries say "Mitigated", first in FY2022-Q1. Latest entry: 2026-10-26.

18entries
8years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020-Q1 – FY2021-Q2MitigatedFY2025-H12019: 220192020: 320202021: 120212022: 320222023: 320232024: 220242025: 120252026: 32026
Same theme, other companies

The whole theme swung hardest in 2019: 38 of 70 companies on the "Worse" side.

15 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 87 companies compared. The sentences above are computed from all 87.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1Slowing EV demand coexisted with rising demand for AI semiconductorsAnnual report

    「In the industries related to the Group, sales of environmentally friendly vehicles in the automotive industry remained firm, while EV sales continued to slow. In the semiconductor industry, demand for semiconductors used in servers and data centers increased against a backdrop of advancing digitalization driven by the use of AI.」

    Overall sales of environmentally friendly vehicles remained firm in the automotive-related sector, while the slowdown in EV sales continued. In semiconductors, demand for servers and data centers increased against a backdrop of AI and digitalization, resulting in divergent conditions across fields.
  2. FY2025-H1MitigatedAnnual report

    「In the industries related to the Group, sales by Japanese automakers in the automotive industry remained firm, supported by the weaker yen. In the semiconductor industry, excess inventories were gradually being worked down, and demand, particularly for advanced semiconductors, was on a recovery trend.」

    Automotive-related demand remained firm, while the semiconductor industry saw progress in reducing excess inventories and a recovery trend in demand for advanced semiconductors. The previous stagnation in semiconductor market conditions and sluggish automotive demand were moving toward improvement.
  3. FY2024-Q3WorsenedAnnual report

    「Although demand in automotive-related industries was trending upward, demand in the semiconductor industry remained weak, leaving the overall business environment flat.」

    Automotive-related demand was trending upward, while semiconductor demand, which had been described as high and expanding through FY2023, weakened. The overall business environment deteriorated from favorable to flat.
  4. FY2024-Q2Semiconductor demand was at approximately the prior-year level, while automotive demand was trending upwardAnnual report

    「The business environment for the Group's related operations remained generally firm. Although demand in the semiconductor industry was at approximately the prior-year level, demand in automotive-related industries was trending upward.」

    Semiconductor demand, which had been described as high and expanding through FY2023, changed to approximately the prior-year level, while automotive-related demand turned upward, leaving the overall business environment generally firm.
  5. FY2023MitigatedAnnual report

    「The business environment for the Group's related operations was generally favorable, as demand in automotive-related industries turned upward and high demand in the semiconductor industry continued.」

    Automotive-related demand changed from sluggish growth to an upward trend, while semiconductor demand continued at a high level.
  6. FY2023-Q3MitigatedAnnual report

    「The business environment for the Group's related operations was generally favorable, as demand in automotive-related industries turned upward and high demand in the semiconductor industry continued.」

    Automotive-related demand turned toward recovery, while high demand in the semiconductor industry continued, easing the previous sluggishness in automotive-related demand and stagnation in market conditions.
  7. FY2023-Q1Semiconductor demand continued to expand, while automotive-related demand was flatAnnual report

    「The business environment for the Group's related operations was generally favorable. Although demand in automotive-related industries was flat, demand in the semiconductor and electronic components industries continued to expand.」

    Although semiconductor and electronic components demand continued to expand, automotive-related demand changed from recovery to a flat trend, and sluggish growth due to shortages in parts procurement and other factors was described.
  8. FY2022MitigatedAnnual report

    「The business environment for the Group's related operations was generally favorable, as demand in the semiconductor and electronic components industries continued to expand and demand in automotive-related industries also recovered.」

    The expansion of semiconductor and electronic components demand and the recovery in automotive-related demand were confirmed over the full fiscal year, easing the previous stagnation in market conditions and weakness in automotive demand.
  9. FY2022-Q3RestatedAnnual report

    「The business environment for the Group's related operations was generally favorable, as demand in the semiconductor and electronic components industries continued to expand and automotive-related demand also recovered.」

    The business environment in which the previous stagnation in market conditions and weakness in automotive demand had eased as semiconductor and electronic components demand expanded and automotive-related demand recovered continued.
  10. FY2022-Q1MitigatedAnnual report

    「The business environment for the Group's related operations was generally favorable, as demand in the semiconductor and electronic components industries continued to expand and automotive-related demand also recovered.」

    Rising demand for semiconductors and electronic components and the recovery in automotive-related demand eased the previous stagnation in market conditions and weakness in automotive demand, resulting in an overall favorable business environment.
  11. FY2021-Q2RestatedAnnual report

    「The business environment for the Group's related operations remained difficult overall. Although there was little decline in demand in the semiconductor and electronic components industries, automotive-related demand, affected by the spread of COVID-19, remained sluggish.」

    Although the decline in semiconductor and electronic components demand was limited, weakness in automotive-related demand meant that difficult conditions continued across the overall business environment.
  12. FY2021-Q1Semiconductor demand remained firm, while automotive demand was sluggishAnnual report

    「The business environment for the Group's related operations remained difficult overall. Although there was little decline in demand in the semiconductor and electronic components industries due to the spread of COVID-19, demand in automotive-related fields remained sluggish.」

    The decline in semiconductor and electronic components demand was limited, while automotive-related demand remained sluggish, and difficult conditions continued across the overall business environment.
  13. FY2020-Q3RestatedAnnual report

    「The business environment for the Group's related operations remained generally weak, as market conditions in the semiconductor and electronic components industries temporarily stagnated and demand in automotive-related fields remained at approximately the prior-year level.」

    The stagnation in the semiconductor and electronic components markets and automotive-related demand remaining at approximately the prior-year level continued, and the overall business environment was described as weak.
  14. FY2020-Q2RestatedAnnual report

    「The business environment for the Group's related operations remained generally weak, as market conditions in the semiconductor and electronic components industries temporarily stagnated and demand in automotive-related fields remained at approximately the prior-year level.」

    The stagnation in the semiconductor and electronic components markets and automotive-related demand remaining at approximately the prior-year level continued, and the overall business environment was described as weak.
  15. FY2020-Q1First statedAnnual report

    「The business environment for the Group's related operations remained generally weak, as market conditions in the semiconductor and electronic components industries temporarily stagnated and demand in automotive-related fields remained at approximately the prior-year level.」

    The stagnation in semiconductor and electronic components market conditions and automotive-related demand remaining at approximately the prior-year level were described as having occurred during the quarter.
Moved together

"Improving Quality and Performance through Evaluation and Analytical Technologies and Expanding Sales in the Semiconductor and Electronic Components Fields" moved the same way as this thread, in the same document, in 8 of its 18 moves.

866655★123456
  1. ★This thread
  2. 1Improving Quality and Performance through Evaluation and Analytical Technologies and Expanding Sales in the Semiconductor and Electronic Components Fields8×
  3. 2Higher Value-Added Products and Overseas Expansion with Input Devices as a Growth Driver6×
  4. 3Improving the profitability of the PVC-related business and expanding non-PVC, high-value-added products6×
  5. 4Continuing stable dividends while maintaining financial soundness and investment capacity6×
  6. 5Sustainable Growth5×
  7. 6Weak demand for OA equipment components due to a downturn in the laser printer market5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Shin-Etsu Polymer's next results are scheduled for 2026-10-26. Read the earnings preview It last moved in the Earnings of 2026-10-26: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.