Shin Etsu Chemical : Data Section (515 KB)

Data Section

Ten-Year Summary

SHIN-ETSU CHEMICAL CO., LTD. AND SUBSIDIARIES for the fiscal years ended March 31, 2014 through 2023

3/2014

3/2015

3/2016

For the year:

3/2017

3/2018

3/2019

3/2020

For more detailed information, please see the investor information on our corporate website.

WEB https://www.shinetsu.co.jp/en/ir/ir-data/

		Millions of yen	Thousands of U.S.
		dollars (Note 1)
3/2021	3/2022	3/2023	3/2023

Net sales	¥	1,165,819	¥	1,255,543	¥	1,279,807	¥	1,237,405	¥	1,441,432	¥	1,594,036	¥	1,543,525	¥	1,496,906	¥	2,074,428	¥	2,808,824	$	20,961,378
Cost of sales		873,879		940,399		930,019		868,404		963,008		1,039,979		987,782		953,203		1,206,425		1,594,717		11,900,873
Selling, general and administrative expenses		118,130		129,814		141,262		130,383		141,601		150,352		149,702		151,489		191,680		215,905		1,611,232
Operating income		173,809		185,329		208,525		238,617		336,822		403,705		406,041		392,213		676,322		998,202		7,449,272
Ordinary income		180,605		198,025		220,005		242,133		340,308		415,311		418,242		405,101		694,434		1,020,211		7,613,517
Net income attributable to owners of parent		113,617		128,606		148,840		175,912		266,235		309,125		314,027		293,732		500,117		708,238		5,285,359
Capital expenditures		83,155		109,903		134,753		145,647		176,283		240,618		265,018		228,801		213,918		318,046		2,373,482
R&D costs		43,546		47,165		53,165		49,020		51,768		56,436		48,536		51,264		62,455		67,201		501,500
Depreciation and amortization		91,445		96,918		100,466		93,087		112,016		137,570		131,172		143,807		168,788		213,632		1,594,275
At year-end:
Total assets	¥	2,198,912	¥	2,452,306	¥	2,510,085	¥	2,655,636	¥	2,903,137	¥	3,038,717	¥	3,230,485	¥	3,380,615	¥	4,053,412	¥	4,730,394	$	35,301,451
Working capital (Current assets - Current liabilities)		981,667		1,100,999		1,170,679		1,232,607		1,324,495		1,358,614		1,446,724		1,551,662		1,960,216		2,355,713		17,579,954
Common stock		119,419		119,419		119,419		119,419		119,419		119,419		119,419		119,419		119,419		119,419		891,191
Net assets		1,822,135		2,012,711		2,080,465		2,190,082		2,413,025		2,532,556		2,723,141		2,886,625		3,429,208		4,026,209		30,046,336
Interest-bearing debt		15,638		14,328		13,470		14,642		15,814		14,920		30,383		34,456		38,957		47,097		351,474
Per share (Yen and U.S. dollars):
Net income per share-basic (Note 3)	¥	53.44	¥	60.41	¥	69.89	¥	82.57	¥	124.86	¥	145.20	¥	151.03	¥	141.35	¥	240.76	¥	347.84	$	2.596
Net income per share-fully diluted (Note 3)		53.41		60.40		69.88		82.57		124.82		145.18		151.00		141.25		240.55		347.61		2.594
Cash dividends (Note 4)		100.00		100.00		110.00		120.00		140.00		200.00		220.00		250.00		400.00		500.00		3.731
Payout ratio (%)		37.4		33.1		31.5		29.1		22.4		27.5		29.1		35.4		33.2		28.7		28.7
Net assets (Note 3)		833.06		920.56		952.30		1,000.43		1,102.40		1,183.09		1,275.59		1,353.94		1,601.45		1,918.37		14.316
General:
Operating income to net sales ratio (%)		14.9		14.8		16.3		19.3		23.4		25.3		26.3		26.2		32.6		35.5		35.5
Net income attributable to owners of parent to net sales ratio (%)		9.7		10.2		11.6		14.2		18.5		19.4		20.3		19.6		24.1		25.2		25.2
ROIC (%)		9.4		9.9		11.4		14.0		18.2		21.5		19.4		17.2		27.2		33.6		33.6
ROE (%)		6.8		6.9		7.5		8.5		11.9		12.8		12.3		10.7		16.3		19.7		19.7
ROA (%)		8.8		8.5		8.9		9.4		12.2		14.0		13.3		12.3		18.7		23.2		23.2
Equity ratio (%)		80.6		79.9		80.8		80.3		81.0		81.1		82.1		83.2		82.1		81.8		81.8
PBR (times)		1.4		1.7		1.2		1.9		2.0		1.6		1.7		2.7		2.3		2.2		2.2
PER (times)		22.1		26.0		16.7		23.4		17.6		12.8		14.2		26.3		15.6		12.3		12.3
Number of employees		17,892		18,276		18,407		19,206		20,155		21,735		22,783		24,069		24,954		25,717		25,717
Number of shares issued (Thousands) (Note 3)		432,106		432,106		432,106		432,106		432,106		427,606		416,662		416,662		416,662		404,824		404,824

Notes: 1. The U.S. dollar amounts represent conversion of yen, for convenience only, at the rate of ¥134 = US$1, the approximate rate of exchange on March 31, 2023.

1. The "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020) and other standards were applied from the beginning of the fiscal year ended March 31, 2022. Accordingly, the main management indicators, etc., from the fiscal year ended March 31, 2022 are those after application of said Accounting Standard, etc.
2. The Company enacted a five-for-one stock split of its common stock with an effective date of April 1, 2023. "Number of shares issued" shows the number of shares before the stock split, while "Net income per share-basic", "Net income per share-fully diluted" and "Net assets per share" are calculated based on the assumption that the stock split was implemented at the beginning of the fiscal year ended March 31, 2014, based on "Accounting Standard for Earnings Per Share".
3. As the record date was prior to the stock split date (April 1, 2023), "Cash dividends per share" is based on the shares before the stock split.

58

Shin-Etsu Chemical Co., Ltd.

ANNUAL REPORT 2023

59

Data Section

Shin-Etsu Group Major Companies

Note: The number in parentheses next to each country's name is that country's international telephone country code.

North America

			For locations other than those listed below, please see our website.
			https://www.shinetsu.co.jp/en/company/network/
		WEB
Shin-Etsu Silicones (Thailand),			7th Floor, Unit 7F, Harindhorn Tower,
Production and sales of silicone products	54 North Sathorn Road, Silom Bangrak, Bangkok	Tel. [phone]

United

States

(1)

Shintech Inc.

Shin-Etsu Handotai America,

Inc. (S.E.H. America)

Shin-Etsu Silicones of Ameri-

ca, Inc.

K-Bin, Inc.

Shin-Etsu MicroSi, Inc.

SE Tylose USA, Inc.

Shin-Etsu Magnetics, Inc.

Production and sales of PVC resin

Production and sales of semiconductor silicon wafers

Production and sales of silicone products

Production and sales of PVC compounds

Sales of electronics materials

Production and sales of cellulose derivatives

Sales of rare earths and rare earth magnets

#3 Greenway Plaza, Suite 1150,

Houston, TX 77046, U.S.A.

4111 NE 112th Ave., Vancouver,

WA 98682-6776, U.S.A.

1150 Damar Drive, Akron,

OH 44305, U.S.A.

#3 Greenway Plaza, Suite 1150,

Houston, TX 77046, U.S.A.

10028 South 51st St., Phoenix,

AZ 85044, U.S.A.

26270 Highway 405 Plaquemine,

LA 70764, U.S.A.

2372 Qume Drive, Suite B,

San Jose, CA 95131, U.S.A.

Tel. [phone]

Tel. [phone]

Tel. [phone]

Tel. [phone]

Tel. [phone]

Tel. [phone]

Tel. [phone]

	Ltd.		10500, Thailand
Thailand	Asia Silicones Monomer Ltd.		1 Moo 2 Asia Industrial Estate,
Production and sales of silicone monomer	Tambol Banchang, Ampher	Tel. [phone]
(66)
		Banchang, Rayong 21130, Thailand
	Shin-Etsu Magnetics (Thailand),		60/120,122,123 Moo19, Tambol
	Production of VCM	Klongnueng, Amphur Klongluang,	Tel. [phone]
	Ltd.
		Pathumthani 12120, Thailand
	Shinano Electric Refining	Production and sales of silicon carbide	Kanda Urban Bldg., 4-2,Kanda-Tsukasamachi2-chome,	Tel. [phone]
	Co., Ltd.	products	Chiyoda-ku, Tokyo 101-0048, Japan
	Nissin Chemical Industry	Production and sales of synthetic resin	17-33, Kitago 2-chome,Echizen-shi, Fukui 915-0802, Japan	Tel. [phone]
	Co., Ltd.	emulsions and other products
	Shin-Etsu Polymer Co., Ltd.	Production and sales of synthetic resin	Ote Center Bldg., 1-3, Ohtemachi 1-chome,Chiyoda-ku,	Tel. [phone]
	products	Tokyo 100-0004, Japan
	Shin-Etsu Astech Co., Ltd.	Construction businesses and sales of	Kamakuragashi Bldg., 2-1, Uchikanda 2-chome,Chiyoda-ku,	Tel. [phone]
	chemical products and others	Tokyo 101-0047, Japan
	Nagano Electronics Industrial	Production, processing and sales of
	semiconductor silicon wafers and other	1393, Yashiro, Chikuma-shi, Nagano 387-8555, Japan	Tel. [phone]

South America

Brazil	Shin-Etsu do Brasil	Sales support of silicone products and	Rua Coronel Oscar Porto, 736 - 8˚	Tel. [phone]	(silicones)
Representação de Produtos	Andar - Sala 84 Paraíso São Paulo - SP Brasil
(55)	cellulose derivatives	11-3939-0692	(cellulose derivatives)
Químicos Ltda.	CEP: 04003-003

Europe

	Shin-Etsu Silicones Europe B.V.	Production and sales of silicone products	Bolderweg 32,1332 AV, Almere,	Tel. [phone]
	The Netherlands
The	Shin-Etsu International Europe	Sales of chemical products, electronics	World Trade Center Amsterdam,
Strawinskylaan B-827 1077 XX,	Tel. [phone]
Netherlands	B.V.	materials and others
Amsterdam, The Netherlands
(31)
	Shin-Etsu PVC B.V.	Production and sales of vinyl chloride	Building Noorderhaeve,
	Noorderweg 68 1221 AB,	Tel. [phone]
	monomer and PVC resin
		Hilversum, The Netherlands
Portugal	CIRES, Lda. (Companhia		Rua da Cires nr.8, 3860-160 Avanca,
Industrial de Resinas Sintéticas,	Production and sales of PVC resin	Tel. [phone]
(351)	Estarreja, Portugal
LDA.)
United	Shin-Etsu Handotai Europe, Ltd.	Production and sales of semiconductor	Wilson Road, Toll Roundabout,
Kingdom	Eliburn, Livingston, West Lothian	Tel. [phone]
(S.E.H. Europe)	silicon wafers
(44)	EH54 7DA, U.K.
	SETylose GmbH & Co. KG	Production and sales of cellulose	Kasteler Strasse 45, 65203	Tel. [phone]
Germany	derivatives	Wiesbaden, Germany
(49)	Shin-Etsu Magnetics Europe	Sales of rare earths and rare earth magnets	Gerbermuehlstrasse 7, 60594	Tel. [phone]
	GmbH	Frankfurt am Main, Germany

Asia & Oceania

	S.E.H. Malaysia Sdn. Bhd.	Production, processing and sales of semi-	Lot No.2, Lorong Enggang 35,
	Ulu Klang Free Trade Zone, 54200	Tel. [phone]
	conductor silicon wafers
		Selangor Darul Ehsan, Malaysia
	Shin-Etsu (Malaysia) Sdn. Bhd.	Production and sales of rare earth magnets	Lot 50, Jalan Serendah 26/17,
	HICOM Industrial Estate, 40400 Shah	Tel. [phone]
	and VCM
		Alam, Selangor Darul Ehsan, Malaysia
Malaysia	S.E.H. (Shah Alam) Sdn. Bhd.	Production and processing of semiconduc-	Lot No.8, Jalan Sementa 27/91,
(60)	Seksyen 27, 40400 Shah Alam,	Tel. [phone]
tor silicon wafers
		Selangor Darul Ehsan, Malaysia
	Shin-Etsu Electronics (Malaysia)	Production and sales of epoxy molding	Lot 50, Jalan Serendah 26/17,
	HICOM Industrial Estate, 40400 Shah	Tel. [phone]
	Sdn. Bhd.	compounds
	Alam, Selangor Darul Ehsan, Malaysia
	Shin-Etsu Electronics Materials	Technical support for silicone and epoxy	Lot P22, Phase 4, Free Industrial Zone,	Tel. [phone]
	Penang Sdn. Bhd.	products	Bayan Lepas, 11900, Penang, Malaysia
Australia	Simcoa Operations Pty. Ltd.	Production and sales of silicon metal	973, Marriott Road, Wellesley,	Tel. [phone]
(61)	WA 6233, Australia
	Shin-Etsu Electronics Materials	Production and sales of materials for LED	Plot No. A-7, Thang Long Industrial ParkII	Tel. [phone]
	Vietnam Co., Ltd.	Yen My district, Hung Yen province, Viet Nam
Vietnam
		Lot CN5.2D, Petro-chemical Area,
(84)	Shin-Etsu Magnetic Materials	Production of rare earths and rare earth
	Dinh Vu industrial Zone, Dong Hai 2 Ward,	Tel. [phone]
	Vietnam Co., Ltd.	magnets
	Hai An District, Hai Phong, Viet Nam
Philippines	Shin-Etsu Magnetics Philippines,		125 East Main Avenue, Special Export
Production and sales of rare earth magnets	Processing Zone, Laguna, Technopark	Tel. [phone]
(63)	Inc.		Binan, Laguna 4024, Philippines
	Shin-Etsu Singapore Pte. Ltd.	Sales of silicone products	1 Kim Seng Promenade #15-05/06	Tel. [phone]
	Great World City, Singapore 237994
Singapore	Shin-Etsu Handotai Singapore	Sales of semiconductor silicon wafers	8 Temasek Boulevard, #21-05 Suntec	Tel. [phone]
(65)	Pte. Ltd. (S.E.H. Singapore)	Tower Three, Singapore 038988
	Shin-Etsu Electronics Materials	Sales of rare earth magnets, silicone and	1 Maritime Square, #11-20A HarbourFront	Tel. [phone]
	Singapore Pte. Ltd.	epoxy products	Centre, Singapore 099253

60 Shin-Etsu Chemical Co., Ltd.

	Co., Ltd.	products
	Shin-Etsu Handotai Co., Ltd.	Production and sales of semiconductor sili-	Shin-Otemachi Bldg., 2-1, Ohtemachi 2-chome,Chiyoda-ku,	Tel. [phone]
	con wafers and compound semiconductors	Tokyo 100-0004, Japan
	Kashima Chlorine & Alkali	Electrolysis business (production and sales	Towada 3, Kamisu-shi, Ibaraki 314-0102, Japan	Tel. [phone]
	Co., Ltd.	of caustic soda and chlorine)
	Kashima Vinyl Chloride	Production and sales of vinyl chloride	Towada 2, Kamisu-shi, Ibaraki 314-0102, Japan	Tel. [phone]
	Monomer Co., Ltd.	monomer
Japan	Naoetsu Electronics Co., Ltd.	Production, processing and sales of semi-	596-2, Jonokoshi, Kubiki-ku,Joetsu-shi, Niigata 942-0193,	Tel. [phone]
(81)	conductor silicon wafers	Japan
	Naoetsu Precision Co., Ltd.	Production, processing and sales of	Aza-Gokawari935-1, Shibukakihama, Ohgata-ku,Joetsu-shi,	Tel. [phone]
	photomask substrate and other electronics
	Niigata 949-3115, Japan
		materials
	Shin-Etsu Quartz Products	Production and sales of quartz glass	East Tower, Gate City Ohsaki, 1-11-2 Osaki,	Tel. [phone]
	Co., Ltd.	products	Shinagawa-ku, Tokyo 141-0032, Japan
	Shin-Etsu Film Co., Ltd.	Production and sales of films for	1-5, Kitago 2-chome,Echizen-shi, Fukui 915-0802, Japan	Tel. [phone]
	condensers and other applications
		Engineering services for plant construction	Comfort Yasuda Bldg., 9, Kanda-Nishikicho2-chome,
	Shin-Etsu Engineering Co., Ltd.	and produce mechatronics systems for	Tel. [phone]
	the production of flat-panel displays (FPDs)	Chiyoda-ku, Tokyo 101-0054, Japan
		such as LCDs and PDPs
	JAPAN VAM & POVAL Co., Ltd.	Production and sales of vinyl acetate	11-1, Chikko Shinmachi 3-chome,Nishi-ku,Sakai-shi, Osaka	Tel. [phone]
	monomer and polyvinyl alcohol	592-8331, Japan
	Maruki Chemical Ind. Co., Ltd.	Production, processing and sales of	Naka 403-14,Shiroi-shi, Chiba 270-1406, Japan	Tel. [phone]
	synthetic resin sheets and synthetic leather
	Tatsuno Chemical Industries, Inc.	Production, processing and sales of various	Asahi-Sumida Bldg. Narihira 1-21-9,Sumida-ku, Tokyo 130-	Tel. [phone]
		types of synthetic resin	0002, Japan
	Shin-Etsu Silicone Korea	Production and sales of silicone products	GT Tower 15F, 411, Seocho-daero,Seocho-gu,	Tel. [phone]
Korea	Co., Ltd.	Seoul 06615, Korea
(82)	Shin-Etsu Advanced Materials	Sales of photoresists and photomask	Keungil Tower 17F, 223, Teheran-ro,Gangnam-gu, Seoul	Tel. [phone]
	Korea Co., Ltd.	blanks products	06142, Korea
	Zhejiang Shin-EtsuHigh-Tech	Production and sales of silicone products	No.66, Lizheng Road, Jiashan Economic Development Zone,	Tel. [phone]
	Chemical Co., Ltd.		Zhejiang Sheng 314116, China
	Shin-Etsu Silicone (Nantong)	Production and sales of silicone products	Tongdalu 85, Economic & Technological Development Area,	Tel. [phone]
	Co., Ltd.	Nantong City, Jiangsu Province, P.R. 226017, China
	Shin-Etsu Silicone International	Sales of silicone products	29F Junyao International Plaza, No.789, Zhao Jia Bang Road,	Tel. [phone]
	Trading (Shanghai) Co., Ltd.		Shanghai 200032, China
	Shin-Etsu Silicone International		Room 2409-2410, Tower B, China Shine Plaza,
	Trading (Shanghai) Co., Ltd.	Sales of silicone products	9 Linhexi-road, Tianhe, Guangzhou, Guangdong, China	Tel. [phone]
	Guangzhou Branch		510610
China	Shin-EtsuTechnology (Suzhou)	Sales of rare earth magnets	Block4, No.1 of Qiming Road, Suzhou Industrial Park,	Tel. [phone]
Co., Ltd.	Jiangsu 215126, China
(86)
Shin-Etsu (Changting)		Post Code 366300 Main Road of Rare-earth Industrial Park
	Production of alloys for rare earth magnets	Tel. [phone]
	Technology Co., Ltd.	1 period in Changting, Longyan, Fujian province, China
	Shin-Etsu (Jiangsu) Optical	Production and sales of preforms for	No.8, Runhua Road, Ligang Zhen, Jiangyin,	Tel. [phone]
	Preform Co., Ltd.	optical fiber	Jiangsu 214444, China
	Shin-Etsu (Jiangyin) Optical	Sales of preforms for optical fiber and	No.8, Runhua Road, Ligang Zhen, Jiangyin,
	purchase and sales of raw materials for	Tel. [phone]
	PreformTrading Co., Ltd.	Jiangsu 214444, China
	preforms
	Shin-EtsuYOFC (Hubei) Optical	Production and sales of preforms for	Extra No.1 Changfei Avenue,
	Jianghan Salt & Chemical Industrial Park, Qianjiang,	Tel. [phone]
	Preform Co., Ltd.	optical fiber
	Hubei, China
	Shin-Etsu SiliconeTaiwan	Production and sales of silicone products	11F-D, No.167, Tun Hua N. Road, Taipei, 105406 Taiwan,	Tel. [phone]
	Co., Ltd.	R.O.C.
	Shin-Etsu HandotaiTaiwan	Production, processing and sales of	No.12, Industry East Road 9, Hsin-Chu Science Park,	Tel. [phone]
Taiwan	Co., Ltd. (S.E.H.Taiwan)	semiconductor silicon wafers	Hsin-Chu, 30075,Taiwan, R.O.C.
(886)	Shin-Etsu Opto Electronic	Production and sales of compound	3F, No.10 Dusing Rd 1,	Tel. [phone]
	Co., Ltd.	semiconductors	Hsin-Chu Science Park, Hsin-Chu, 30078, Taiwan, R.O.C.
	Shin-Etsu Electronics Materials	Production and sales of photoresists	No.28, Kejia 6 Rd., Douliu City, Yunlin County 64057,	Tel. [phone]
	Taiwan Co., Ltd.	products	Taiwan R.O.C.

Note: The Shin-Etsu Group consists of 146 companies as of March 31, 2023.

ANNUAL REPORT 2023

61

Data Section

Investor Information

Stock Price Movement over the Past Five Years

(Yen)		Stock Price of Shin-Etsu Chemical [LHS]	Trading Volume [RHS]	(Millions of shares)
5,000					100
4,000					80
3,000					60
2,000					40
1,000					20
0					0
3/2018	3/2019	3/2020	3/2021	3/2022	3/2023

Note: On April 1, 2023, the Company executed a 5-for-1 stock split of its common stock. The stock price after March 31, 2018 has been converted based on the number of shares after the stock split.

Total Shareholder Return over the Past Five Years

(Index)		TOPIX	Shin-Etsu Chemical
250
200				209
		175	181
150
		122	125	132
100	95	101
50	86	86

Corporate Information

Corporate Data (As of March 31, 2023)

Company Name	Shin-Etsu Chemical Co., Ltd.
Head Office	4-1, Marunouchi 1-chome,Chiyoda-ku, Tokyo
100-0005, Japan.
Date of Establishment	September 16, 1926
Capital	¥119,419 million
Number of Employees	25,717 (Consolidated)
	Number of Shares Authorized	1,720,000,000
Common Stock (Note)	Number of Shares Issued	404,824,593
Share Unit of Exchange	100 stocks
	Number of Stockholders	77,808
Stock Listings	Tokyo, Nagoya (Ticker Code: 4063)
FiscalYear-End	March 31
Ordinary General Meeting	June
of Shareholders
Transfer Agent	Mitsubishi UFJ Trust and Banking Corporation
	Public Relations Department

Contact	Phone : [phone]
Fax : [phone]
	e-mail :[e-mail]

Notes: 1. The total number of issued shares decreased by 11,838,200 shares due to the cancellation of treasury shares implemented as of November 8, 2022 and January 11, 2023.

1. The total number of issued shares includes 1,315,240 treasury shares.
2. The Company carried out a 5-for-1 share split of its common shares as of April 1, 2023. As a result, the total number of issued shares amounted to 2,024,122,965.
3. In line with the above share split, the total number of shares authorized to be issued changed to 8,000,000,000 shares in accordance with Article 6 of the Company's Articles of Incorporation as of April 1, 2023, pursuant to Paragraph 2, Article 184 of the Corporations Law.

Third-Party Evaluations

Inclusion in socially responsible

investment indexes

2023

Sompo Sustainability Index

Recognition of research and innovation

Note: The inclusion of Shin-Etsu Chemical Co., Ltd. in any MSCI index, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsor- ship, endorsement or promotion of Shin-Etsu Chemical Co., Ltd. by MSCI or any of its affiliates. The MSCI indexes are the exclusive property of MSCI. MSCI and the MSCI index names and logos are trademarks or service marks of MSCI or its affiliates.

Overall Picture of Communication

0
3/2018	3/2019	3/2020	3/2021	3/2022	3/2023

Notes: 1. Stock index of Shin-Etsu Chemical and TOPIX (March 31, 2018 = 100)

2. This index shows the rate of return taking into consideration the dividend as of March 31, 2023, and the stock price when an investment was conducted on March 31, 2018. Investment performance including dividends has been added to the Shin-Etsu Chemical stock price and indexed at 100 as of March 31, 2018. The TSE Stock Price Index (TOPIX), which is a comparative index, also uses indexed data and is indexed in the same way.

Major Shareholders (As of March 31, 2023)	(*Rounded down to the nearest 1,000.)
Name of Shareholder	Number of Shares Held	Holding Ratio (%)
(Thousand shares*)
The Master Trust Bank of Japan, Ltd. (Trust Account)	74,320	18.4
Custody Bank of Japan, Ltd. (Trust Account)	29,011	7.2
JP MORGAN CHASE BANK 385632	23,105	5.7
Nippon Life Insurance Company	15,353	3.8
The Hachijuni Bank, Ltd.	11,790	2.9
Meiji Yasuda Life Insurance Company	10,687	2.6
SSBTC CLIENT OMNIBUS ACCOUNT	10,197	2.5
GOVERNMENT OF NORWAY	8,230	2.0
STATE STREET BANK WEST CLIENT - TREATY 505234	6,442	1.6
JP MORGAN CHASE BANK 385781	5,169	1.3

Note: The holding ratios are computed net of the treasury shares (1,315,240 shares).

Financial information

Non-financial information

Dialogue

Announcement of financial statements

General meeting of shareholders

Briefings for individual investors

For securities analysts and investors

• Financial results briefings
• Individual meetings
• Business briefings
• Plant tours

Report

Annual securities report

Quarterly report

Business report

(The aforementioned three reports are published in Japanese only.)

Annual report

This annual report comprehensively describes our main products, business overview, financial information, etc.

Sustainability report

This report presents Shin-Etsu Group's approach and initiatives regarding sustainability.

Website

IR Information

https://www.shinetsu.co.jp/en/ir/

Sustainability Information

https://www.shinetsu.co.jp/en/sustainability/

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Shin-Etsu Chemical Co., Ltd.

ANNUAL REPORT 2023

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