Shin-Etsu Chemical Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Revenue	2,579,311	2,561,249	2,414,937	2,808,824	2,074,428	1,496,906	Upgrade
Revenue Growth (YoY)	3.77%	6.06%	-14.02%	35.40%	38.58%	-3.02%	Upgrade
Cost of Revenue	1,658,426	1,577,127	1,503,728	1,594,717	1,206,425	953,203	Upgrade
Gross Profit	920,885	984,122	911,209	1,214,107	868,003	543,703	Upgrade
Selling, General & Admin	250,548	235,072	204,441	213,090	188,677	149,337	Upgrade
Operating Expenses	250,548	242,016	210,171	215,905	195,320	151,489	Upgrade
Operating Income	670,337	742,106	701,038	998,202	672,683	392,214	Upgrade
Interest Expense	-775	-	-1,501	-1,490	-	-728	Upgrade
Interest & Investment Income	74,158	86,732	67,959	16,575	-	12,433	Upgrade
Earnings From Equity Investments	-	-	-	9,522	7,140	5,364	Upgrade
Currency Exchange Gain (Loss)	-3,969	-10,687	13,648	-3,195	14,265	-	Upgrade
Other Non Operating Income (Expenses)	9,436	6,620	8,310	5,506	3,159	-2,230	Upgrade
EBT Excluding Unusual Items	749,187	824,771	789,454	1,025,120	697,247	407,053	Upgrade
Gain (Loss) on Sale of Investments	18,759	16,424	19,178	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	-	-4,228	-2,226	-4,910	-1,111	-1,954	Upgrade
Asset Writedown	-7,124	-2,896	-	-	-	-	Upgrade
Other Unusual Items	-	-7,842	-10,733	-	-	-2,955	Upgrade
Pretax Income	752,979	826,229	795,673	1,020,210	696,136	402,144	Upgrade
Income Tax Expense	216,719	246,128	230,513	256,590	171,105	102,968	Upgrade
Earnings From Continuing Operations	536,260	580,101	565,160	763,620	525,031	299,176	Upgrade
Minority Interest in Earnings	-38,512	-46,080	-45,020	-55,382	-24,914	-5,444	Upgrade
Net Income	497,748	534,021	520,140	708,238	500,117	293,732	Upgrade
Net Income to Common	497,748	534,021	520,140	708,238	500,117	293,732	Upgrade
Net Income Growth	-2.94%	2.67%	-26.56%	41.61%	70.26%	-6.46%	Upgrade
Shares Outstanding (Basic)	1,930	1,981	2,005	2,036	2,077	2,078	Upgrade
Shares Outstanding (Diluted)	1,931	1,983	2,007	2,037	2,079	2,079	Upgrade
Shares Change (YoY)	-3.18%	-1.20%	-1.49%	-2.00%	-0.02%	-0.01%	Upgrade
EPS (Basic)	257.86	269.52	259.41	347.84	240.76	141.35	Upgrade
EPS (Diluted)	257.71	269.27	259.13	347.61	240.55	141.25	Upgrade
EPS Growth	0.26%	3.91%	-25.45%	44.51%	70.30%	-6.46%	Upgrade
Free Cash Flow	381,569	442,461	380,766	492,496	357,753	164,981	Upgrade
Free Cash Flow Per Share	197.56	223.13	189.72	241.73	172.08	79.34	Upgrade
Dividend Per Share	106.000	106.000	100.000	100.000	80.000	50.000	Upgrade
Dividend Growth	2.91%	6.00%	-	25.00%	60.00%	13.64%	Upgrade
Gross Margin	35.70%	38.42%	37.73%	43.23%	41.84%	36.32%	Upgrade
Operating Margin	25.99%	28.97%	29.03%	35.54%	32.43%	26.20%	Upgrade
Profit Margin	19.30%	20.85%	21.54%	25.21%	24.11%	19.62%	Upgrade
Free Cash Flow Margin	14.79%	17.27%	15.77%	17.53%	17.25%	11.02%	Upgrade
EBITDA	916,585	980,463	928,657	1,211,834	841,471	536,021	Upgrade
EBITDA Margin	35.54%	38.28%	38.45%	43.14%	40.56%	35.81%	Upgrade
D&A For EBITDA	246,248	238,357	227,619	213,632	168,788	143,807	Upgrade
EBIT	670,337	742,106	701,038	998,202	672,683	392,214	Upgrade
EBIT Margin	25.99%	28.97%	29.03%	35.54%	32.43%	26.20%	Upgrade
Effective Tax Rate	28.78%	29.79%	28.97%	25.15%	24.58%	25.61%	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.