Latest Tokyo Brief coverage on Shin-Etsu Chemical Co., Ltd., tracking filings, financial news, and market signals from Japan.
TSE:4063
Electronic materials operating profit rose 28% in Shin-Etsu Chemical's first half on AI-led chip demand, supply tightness in some products and price revisions, while profit in the segment covering PVC fell 16% and full-year guidance stayed put.
Shin-Etsu Chemical's quarterly operating profit rose 4% as AI-driven demand for silicon wafers and photoresists offset a one-third profit drop in the segment selling PVC and caustic soda, and the company is guiding to higher full-year profit, a bigger dividend and the final leg of a ¥250bn buyback.
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