Shin-Etsu Polymer Co.,Ltd. (7970) Stock Price

Shin-Etsu Polymer operates multiple business segments and provides a diverse range of products and services. The main business segments include electronic devices, precision molded products, residential environment and living materials, and other operations.

In the electronic devices segment, the company manufactures and sells input devices, display-related devices, and component-related products through Shin-Etsu Polymer and its affiliated companies.

In the precision molded products segment, the company provides semiconductor-related containers, carrier tape-related products, office equipment components, and silicone rubber molded products. These products are manufactured and sold by Shin-Etsu Polymer and its affiliated companies.

In the residential environment and living materials segment, the company handles packaging material-related products such as wrapping films, functional compounds, conductive polymers, and exterior material-related products. These are manufactured and sold by Shin-Etsu Polymer and its affiliated companies.

In the other segment, the company provides architectural and retail design and construction services, as well as sales of other processed products. These services are provided by Shin-Etsu Fine Tech Co., Ltd.

Shin-Etsu Polymer purchases raw materials from its parent company, Shin-Etsu Chemical Co., Ltd., and manufactures and sells its products. Additionally, some products are sold to Shin-Etsu Semiconductor Co., Ltd.

Shin-Etsu Polymer has formulated a medium-term management plan titled "Shin-Etsu Polymer Global & Growth 2027," with the fiscal year ending March 2024 as its first year, aiming for sustained growth. The plan prioritizes capturing new demand in growth areas, strengthening sales capabilities in core business areas, and expanding the ratio of overseas sales.

The company has positioned semiconductor-related containers and automotive-related products as growth areas and is strengthening production capacity to meet increasing demand. In particular, it is preparing for future demand through the expansion of the Itoigawa Plant and the construction of a new building at the Tokyo Plant.

In core business areas, the company is pursuing market share expansion in products such as input devices and food packaging wrapping films while emphasizing differentiation. This approach aims to further strengthen sales capabilities.

As a financial strategy, the company is making focused investments in growth areas to improve asset efficiency and strengthen its financial foundation. Additionally, it is promoting enhanced shareholder returns and ESG initiatives to maximize corporate value.

Shin-Etsu Polymer targets net sales of 150 billion yen, ordinary profit of 20 billion yen, and ROE exceeding 10% by the fiscal year ending March 2028. The company plans to maintain a dividend payout ratio of 50% or less to ensure stable dividends. Through these measures, the company aims to achieve sustainable growth.