Stock Information

Major Shareholders


Last Update Date: March 31,2019
Name of Shareholder Number of
Shares Held
(Thousand shares)
Holding
Ratio (%)
The Master Trust Bank of Japan, Ltd. (Trust Account) 52,287 12.54
Japan Trustee Services Bank, Ltd. (Trust Account) 26,655 6.40
Nippon Life Insurance Company 21,933 5.26
Japan Trustee Services Bank, Ltd. (Trust Account 4) 12,069 2.90
The Hachijuni Bank, Ltd. 11,790 2.83
SSBTC CLIENT OMNIBUS ACCOUNT 11,433 2.74
Meiji Yasuda Life Insurance Company 10,687 2.56
Japan Trustee Services Bank, Ltd. (Trust Account 5) 6,772 1.62
JP MORGAN CHASE BANK 385151 6,326 1.52
Japan Trustee Services Bank, Ltd. (Trust Account 7) 6,053 1.45

Shin-Etsu Chemical, which owns 10,801,943 shares of treasury stock, is excluded from the above list. The holding ratios are computed net of this treasury stock.

Shareholders’ Returns


Basic Policy Concerning Profit-sharing

From a long-term perspective, our basic policy is to keep the focus on increasing earnings and reinforce our corporate culture and resilience, and then return the results of these efforts to shareholders with appropriate dividends. We will use retained earnings for capital investment and investment in R&D, etc. to strengthen our competitiveness globally and expand our business aggressively in the future, which will enable us to increase our enterprise value.

 

Trend of Dividend per Share

(yen/share)

  Mar/2015 Mar/2016 Mar/2017 Mar/2018 Mar/2019
Interim dividend 50 55 60 65 100
Year-end dividend 50 55 60 75 100
Annual dividend 100 110 120 140 200

 

Repurchase of treasury stock in the past five years

Purchase period Number of shares purchased Total share purchase amount (billion yen) Purchase method
March 13, 2019 to May 20, 2019 10,943,900 shares 100.00 Market purchases on the Tokyo Stock Exchange (including ToSTNeT-3)

 


Ratings


Last Update Date: April 20,2019
Rating Agency Long-term Ratings
Moody’s Aa3
R&I AA+
JCR AA+p

 

 

Analysts’ Coverage


Companies with analysts covering Shin-Etsu are :
Company Analyst
Citigroup Global Markets Japan Inc. Atsushi Ikeda
Credit Suisse Securities (Japan) Limited Yoshiyasu Takemura
Daiwa Securities Co. Ltd. Hidemitsu Umebayashi
Deutsche Securities Inc. Yu Yoshida
Jefferies Japan Limited Yoshihiro Azuma
Macquarie Capital Securities (Japan) Limited Damian Thong
Merrill Lynch Japan Securities Co., Ltd. Takashi Enomoto
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Shunta Omura
Mizuho Securities Co., Ltd. Mikiya Yamada
Morgan Stanley MUFG Securities Co., Ltd. Takato Watabe
Nomura Securities Co., Ltd. Shigeki Okazaki
Okasan Securities Co., Ltd. Takashi Nishihira
SBI Securities Co., Ltd. Masami Sawato
SMBC Nikko Securities Inc. Shinobu Takeuchi
Tokai Tokyo Research Institute Co., Ltd. Shuichi Nakahara
UBS Securities Japan Co., Ltd. Go Miyamoto
Last Update Date: June 28,2019

Stock Performance