Shin-Etsu Polymer Co.,Ltd. logo

Shin-Etsu Polymer Co.,Ltd.

7970.T

JPXBasic MaterialsChemicals - Specialty

Latest quote

¥2,240

−¥4.00 · -0.18%

Aug 24, 3:30 PM JST

7970.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Shin-Etsu Polymer Co., Ltd. is a global producer and vendor of a diverse range of polyvinyl chloride (PVC) products. The company organizes its business through distinct divisions: Precision Molding Products, Electronic Devices, Housing and Living Materials, and other operations. Its extensive product catalog includes precision-engineered items such as touch switches, rubber contacts, metal domes, pressure-sensitive devices, and advanced view/light path control films. For the electronics industry, they supply silicone rubber tubes and sheets, medical tube transitions, office automation rollers, culture plugs, and various carrier tapes and wafer cases. Furthermore, their offerings extend to PVC pipes and corrugated sheets, sealing compounds, wrap films, infrastructure maintenance materials, low-friction PVC and TPV compounds, thermoplastic urethane compounds, conductive polymers, and engineering plastic films. The company also provides silicone adhesive sheets. These solutions cater to a broad spectrum of sectors, including automotive, semiconductor, electronic components, information technology, medical, chemical, packaging, construction, and infrastructure upkeep. Founded in 1960 and headquartered in Tokyo, Japan, Shin-Etsu Polymer Co., Ltd. functions as a subsidiary of Shin-Etsu Chemical Co., Ltd.

Industry
Chemicals - Specialty
Sector
Basic Materials
Headquarters
JP
CEO
Toshiaki Deto
Listed since
Jan 1, 2001
Employees
4,123

Market position

Day range

Current ¥2,240

52-week range

Current ¥2,240

Open
¥2,241
Previous close
¥2,244
Volume
107.8K
0.56× average
Average volume
193.67K
Average daily volume
Market cap
180.03B JPY
Beta
0.68
Market reference 1
50-day average
¥2,335.32
-4.08% below average
200-day average
¥2,141.23
+4.61% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
104.27B JPY
P/E (TTM)
19.56×
P/B (TTM)
1.38×
P/S (TTM)
1.53×
EV / EBITDA
5.21×
Earnings yield
6.41%
Free cash flow yield
6.72%
Dividend yield
2.77%

Profitability & efficiency

Gross margin
29.96%
Operating margin
12.21%
Net margin
7.82%
Return on equity
7.64%
Return on assets
6.47%
Return on invested capital
7.67%

Financial health

Debt / equity
0.02×
Current ratio
5.11×
Altman Z-score
7.34
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends34%24%14%4%Gross margin, FY2021: 31.46%Gross margin, FY2022: 31.15%Gross margin, FY2023: 29.85%Gross margin, FY2024: 30.70%Gross margin, FY2025: 30.03%Operating margin, FY2021: 10.51%Operating margin, FY2022: 11.78%Operating margin, FY2023: 10.59%Operating margin, FY2024: 12.00%Operating margin, FY2025: 12.20%Net margin, FY2021: 6.81%Net margin, FY2022: 7.88%Net margin, FY2023: 8.31%Net margin, FY2024: 8.53%Net margin, FY2025: 8.60%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 31.46%. Gross margin FY2022 31.15%. Gross margin FY2023 29.85%. Gross margin FY2024 30.70%. Gross margin FY2025 30.03%. Operating margin FY2021 10.51%. Operating margin FY2022 11.78%. Operating margin FY2023 10.59%. Operating margin FY2024 12.00%. Operating margin FY2025 12.20%. Net margin FY2021 6.81%. Net margin FY2022 7.88%. Net margin FY2023 8.31%. Net margin FY2024 8.53%. Net margin FY2025 8.60%.

Income trends

Revenue

115.12B JPY+4.10%

Operating income

14.04B JPY+5.80%

Net income

9.9B JPY+4.97%
Income trends across reported periods126B JPY82.47B JPY38.95B JPY−4.57B JPYRevenue, FY2021: 92.64B JPYRevenue, FY2022: 108.28B JPYRevenue, FY2023: 104.38B JPYRevenue, FY2024: 110.58B JPYRevenue, FY2025: 115.12B JPYOperating income, FY2021: 9.73B JPYOperating income, FY2022: 12.75B JPYOperating income, FY2023: 11.05B JPYOperating income, FY2024: 13.27B JPYOperating income, FY2025: 14.04B JPYNet income, FY2021: 6.31B JPYNet income, FY2022: 8.53B JPYNet income, FY2023: 8.67B JPYNet income, FY2024: 9.43B JPYNet income, FY2025: 9.9B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 92.64B JPY. Revenue FY2022 108.28B JPY. Revenue FY2023 104.38B JPY. Revenue FY2024 110.58B JPY. Revenue FY2025 115.12B JPY. Operating income FY2021 9.73B JPY. Operating income FY2022 12.75B JPY. Operating income FY2023 11.05B JPY. Operating income FY2024 13.27B JPY. Operating income FY2025 14.04B JPY. Net income FY2021 6.31B JPY. Net income FY2022 8.53B JPY. Net income FY2023 8.67B JPY. Net income FY2024 9.43B JPY. Net income FY2025 9.9B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue115.12B JPY110.58B JPY104.38B JPY108.28B JPY92.64B JPY
Cost of goods sold80.55B JPY76.64B JPY73.22B JPY74.55B JPY63.5B JPY
Gross profit34.57B JPY33.94B JPY31.16B JPY33.73B JPY29.14B JPY
Research and development3.74B JPY3.76B JPY3.64B JPY3.45B JPY
Selling, general, and administrative20.53B JPY16.93B JPY16.35B JPY17.34B JPY15.95B JPY
Operating expenses20.53B JPY20.67B JPY20.1B JPY20.98B JPY19.41B JPY
Interest income297M JPY273M JPY163M JPY131M JPY105M JPY
Interest expense40M JPY35M JPY33M JPY34M JPY
Depreciation and amortization6.34B JPY5.79B JPY4.66B JPY4.14B JPY3.79B JPY
Operating income14.04B JPY13.27B JPY11.05B JPY12.75B JPY9.73B JPY
Net income9.9B JPY9.43B JPY8.67B JPY8.53B JPY6.31B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
30.05

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates40.233.326.419.5Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 24, 2024: actual 28.76, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 28, 2025: actual 34.08, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 24, 2025: actual 26.1, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 23, 2025: actual 38.65, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 23, 2025: actual 29.47, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 26, 2026: actual 33.98, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 27, 2026: actual 21.05, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 23, 2026: actual 30.05, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates32B29.41B26.83B24.25BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 28, 2025: actual 28.78B JPY, estimate 28B JPY, surprise +2.79%, Beat. Q2 2025, reported Apr 24, 2025: actual 27.06B JPY, estimate 25.48B JPY, surprise +6.21%, Beat. Q3 2025, reported Jul 23, 2025: actual 27.98B JPY, estimate 27B JPY, surprise +3.62%, Beat. Q4 2025, reported Oct 23, 2025: actual 28.24B JPY, estimate 28.62B JPY, surprise -1.35%, Miss. Q1 2026, reported Jan 26, 2026: actual 30.35B JPY, estimate 28.4B JPY, surprise +6.88%, Beat. Q2 2026, reported Apr 27, 2026: actual 28.55B JPY, estimate 28.43B JPY, surprise +0.41%, Beat. Q3 2026, reported Jul 23, 2026: actual 30.76B JPY, estimate 29.4B JPY, surprise +4.64%, Beat. Q4 2026, reported Oct 22, 2026: actual —, estimate 29.32B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥57.00

2025 complete year+307.1% since 2021

2026 partial: ¥32.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 30, 2026

¥33.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 30, 2026

DividendUpcoming

Ex-dividend Mar 31, 2027

¥33.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 31, 2027

Dividend

Ex-dividend Mar 30, 2026

¥32.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 25, 2026

Dividend

Ex-dividend Sep 29, 2025

¥30.00

Semi-Annual

Record Sep 30, 2025 · Payment Nov 26, 2025

Dividend

Ex-dividend Mar 28, 2025

¥27.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 25, 2025

Dividend

Ex-dividend Sep 27, 2024

¥25.00

Semi-Annual

Record Sep 30, 2024 · Payment Nov 26, 2024

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