Shin-Etsu Polymer (7970) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2025, rose 3.7% year-over-year to ¥86,568 million, with operating profit up 1.4% to ¥11,010 million and profit attributable to owners of parent up 12.0% to ¥8,210 million.

• The global economy showed gradual recovery, though U.S. trade policy continued to impact prices and demand, especially in the automotive sector.

• The company focused on boosting sales, streamlining operations, expanding capacity, and exploring new growth themes.

Financial highlights

• Ordinary profit increased 6.7% year-over-year to ¥11,178 million.

• Basic earnings per share rose to ¥102.10 from ¥90.89 year-over-year.

• Comprehensive income declined 30.1% year-over-year to ¥6,479 million, mainly due to foreign currency translation losses.

• Equity ratio improved to 82.0% from 80.2% at the previous fiscal year-end.

Outlook and guidance

• Full-year forecast for fiscal year ending March 31, 2026, remains unchanged: net sales of ¥113,500 million (+2.6% YoY), operating profit of ¥13,900 million (+4.7% YoY), and profit attributable to owners of parent of ¥9,500 million (+0.7% YoY).

• Annual dividend forecast raised to ¥60.00 per share.