We will strengthen our sales capabilities, boost our productivity and develop original, high value-added products in pursuit of sustained business growth.

　

I would like to take this opportunity to thank you for your continued support. 

I would like to report the business summary and other details for the 63rd fiscal year (from April 1, 2022 to March 31, 2023) of the Shin-Etsu Polymer Group.

 During the consolidated fiscal year under review, net sales totaled 108,278 million yen (up 16.9% year on year), operating profit was 12,749 million yen (up 31.0%), ordinary profit came to 12,986 million yen (up 28.2%), and profit attributable to owners of parent came to 8,529 million yen (up 35.2%).

 

The Shin-Etsu Group has formulated and started in 2023 its five-year medium-term management plan titled “Shin-Etsu Polymer Global & Growth 2027. Under the plan, the Group will respond appropriately to sweeping changes in the business environment and achieve the corporate mission statement of the Group, “Contribute to the development of society and industry through technologies and products; A company that continues to grow with society.”

 

Regarding the year-end dividend for the fiscal year under review, we have decided to pay dividends of 20 yen per share, comprehensively considering business results, future business development and other factors. As a result, the annual dividend per share will be 38 yen, including an interim dividend of 18 yen per share, an increase of 12 yen per share compared to the previous fiscal year.

 

I look forward to the continued support and encouragement of all our shareholders in the future. 

 

June 2023

 

Toshiaki Deto

President