Shin-Etsu Polymer raises dividend, announces share buyback program

Shin-Etsu Polymer Co., Ltd. resolved to distribute an interim dividend of JPY30 per share for the fiscal year ending March 31, 2026, an increase of JPY2 from the previous forecast. This brings the total annual dividend forecast to JPY60 per share, an increase of JPY8 from the previous fiscal year.

Additionally, the company announced a share repurchase program, buying back up to 500,000 common shares, representing 0.62% of outstanding shares, for a maximum of JPY1,000,000,000. These shares will be used for stock options, with purchases to be made on the Tokyo Stock Exchange from October 24, 2025, to December 31, 2025.

For the six months ended September 30, 2025, Shin-Etsu Polymer reported net sales of JPY56,215 million (up 2.7% year-on-year) and operating profit of JPY7,110 million (up 2.7% year-on-year). Profit attributable to owners of parent increased by 19.5% to JPY5,483 million. The consolidated financial results forecast for the fiscal year ending March 31, 2026, remains unchanged, with full-year net sales forecast at JPY113,500 million and profit attributable to owners of parent at JPY9,500 million.