Shin-Etsu Chemical Co., Ltd. (SHECY)

Shin-Etsu Chemical Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	2,591,868	2,561,249	2,414,937	2,808,824	2,074,428	1,496,906
Revenue Growth (YoY)	7.38%	6.06%	-14.02%	35.40%	38.58%	-3.02%
Cost of Revenue	1,624,505	1,577,127	1,503,728	1,594,717	1,206,425	953,203
Gross Profit	967,363	984,122	911,209	1,214,107	868,003	543,703
Selling, General & Admin	249,475	235,072	204,441	213,090	188,677	149,337
Operating Expenses	249,475	242,016	210,171	215,905	195,320	151,489
Operating Income	717,888	742,106	701,038	998,202	672,683	392,214
Interest Expense	-	-	-1,501	-1,490	-	-728
Interest & Investment Income	82,808	86,732	67,959	16,575	-	12,433
Earnings From Equity Investments	-	-	-	9,522	7,140	5,364
Currency Exchange Gain (Loss)	-22,076	-10,687	13,648	-3,195	14,265	-
Other Non Operating Income (Expenses)	7,961	6,620	8,310	5,506	3,159	-2,230
EBT Excluding Unusual Items	786,581	824,771	789,454	1,025,120	697,247	407,053
Gain (Loss) on Sale of Investments	12,977	16,424	19,178	-	-	-
Gain (Loss) on Sale of Assets	-	-4,228	-2,226	-4,910	-1,111	-1,954
Asset Writedown	-7,124	-2,896	-	-	-	-
Other Unusual Items	5,421	-7,842	-10,733	-	-	-2,955
Pretax Income	790,012	826,229	795,673	1,020,210	696,136	402,144
Income Tax Expense	229,897	246,128	230,513	256,590	171,105	102,968
Earnings From Continuing Operations	560,115	580,101	565,160	763,620	525,031	299,176
Minority Interest in Earnings	-43,687	-46,080	-45,020	-55,382	-24,914	-5,444
Net Income	516,428	534,021	520,140	708,238	500,117	293,732
Net Income to Common	516,428	534,021	520,140	708,238	500,117	293,732
Net Income Growth	1.16%	2.67%	-26.56%	41.61%	70.26%	-6.46%
Shares Outstanding (Basic)	1,958	1,981	2,005	2,036	2,077	2,078
Shares Outstanding (Diluted)	1,960	1,983	2,007	2,037	2,079	2,079
Shares Change (YoY)	-2.08%	-1.20%	-1.49%	-2.00%	-0.02%	-0.01%
EPS (Basic)	263.73	269.52	259.41	347.84	240.76	141.35
EPS (Diluted)	263.53	269.27	259.13	347.61	240.55	141.25
EPS Growth	3.31%	3.91%	-25.45%	44.51%	70.30%	-6.46%
Free Cash Flow	421,961	442,461	380,766	492,496	357,753	164,981
Free Cash Flow Per Share	215.33	223.13	189.72	241.73	172.08	79.34
Dividend Per Share	106.000	106.000	100.000	100.000	80.000	50.000
Dividend Growth	6.00%	6.00%	-	25.00%	60.00%	13.64%
Gross Margin	37.32%	38.42%	37.73%	43.23%	41.84%	36.32%
Operating Margin	27.70%	28.97%	29.03%	35.54%	32.43%	26.20%
Profit Margin	19.93%	20.85%	21.54%	25.21%	24.11%	19.62%
Free Cash Flow Margin	16.28%	17.27%	15.77%	17.53%	17.25%	11.02%
EBITDA	961,545	980,463	928,657	1,211,834	841,471	536,021
EBITDA Margin	37.10%	38.28%	38.45%	43.14%	40.56%	35.81%
D&A For EBITDA	243,657	238,357	227,619	213,632	168,788	143,807
EBIT	717,888	742,106	701,038	998,202	672,683	392,214
EBIT Margin	27.70%	28.97%	29.03%	35.54%	32.43%	26.20%
Effective Tax Rate	29.10%	29.79%	28.97%	25.15%	24.58%	25.61%

Updated Jan 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.