What were Shin-Etsu Chemical's key financial results for the fiscal first quarter ended June 30, and how did they compare year over year?

Shin-Etsu Chemical reported a 3.5% increase in net profit to ¥130.8 billion ($800 million), operating income rose 4.2% year over year to ¥173.7 billion, and sales climbed 5.4% to ¥662.4 billion for the fiscal first quarter ended June 30.

Why did Shin-Etsu Chemical adjust PVC prices, and what caused the subsequent downward price trend in Asia in late May?

Shin-Etsu adjusted PVC prices across all markets due to rising raw material and energy costs — exacerbated by the Middle East conflict — but in late May, prices trended downward in Asia due to overstocking and declining demand.

Shin-Etsu Chemical's Earnings Rise, Adjusts PVC Prices Amid Rising Feedstock Costs

Jul 24, 2026

Shin-Etsu Chemical reported a 3.5% increase in net profit for the fiscal first quarter while adjusting PVC prices due to rising feedstock costs. The company also saw growth in electronics materials driven by AI-related semiconductor demand.

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Shin-Etsu Chemical's Earnings Rise, Adjusts PVC Prices Amid Rising Feedstock Costs

Shin-Etsu Chemical's Earnings Rise, Adjusts PVC Prices Amid Rising Feedstock Costs

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