Shin-Etsu Chemical Co., Ltd. (SHINETSU) balance sheet
JPX · Basic Materials · Chemicals · 27,852 employees · CEO Yasuhiko Saitoh
- Price
- ¥5,966.00 -0.73%
- Market cap
- ¥10.8T
- Enterprise value
- ¥9.48T
- Last report
- Q2 '27 filed 2026-09-30
- Next report
- 2027-01-28 EPS est. ¥80.61
At the end of Q2 '27 Shin-Etsu Chemical Co., Ltd. (SHINETSU) held ¥1.75T in cash and short-term investments against ¥402B of debt incl. leases. Total assets ¥5.96T, total liabilities ¥1.27T, shareholders' equity ¥4.51T.
Balance sheet
| Balance sheet | Trend | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | ¥1.68T | ¥590B | ¥1.72T | ¥604B | ¥1.6T | ¥883B | ¥572B | ¥620B | ¥1.5T | ¥1.66T | ¥1.66T | ¥1.75T | |
| Short-term investments | ¥0 | ¥1.13T | ¥0 | ¥1.22T | ¥0 | ¥929B | ¥901B | ¥924B | ¥0 | ¥7.04B | ¥0 | ¥1.87B | |
| Receivables | ¥513B | ¥475B | ¥497B | ¥543B | ¥555B | ¥505B | ¥505B | ¥548B | ¥581B | ¥522B | ¥562B | ¥622B | |
| Inventory | ¥721B | ¥721B | ¥718B | ¥735B | ¥714B | ¥770B | ¥737B | ¥736B | ¥760B | ¥791B | ¥769B | ¥816B | |
| Other current assets | ¥89.5B | ¥121B | ¥137B | ¥115B | ¥113B | ¥123B | ¥159B | ¥94.6B | ¥124B | ¥126B | ¥157B | ¥107B | |
| Current assets | ¥3T | ¥3.04T | ¥3.07T | ¥3.21T | ¥2.98T | ¥3.21T | ¥2.87T | ¥2.92T | ¥2.96T | ¥3.11T | ¥3.14T | ¥3.3T | |
| Property, plant & equipment (net) | ¥1.76T | ¥1.75T | ¥1.88T | ¥2.06T | ¥1.95T | ¥2.07T | ¥2.01T | ¥2.06T | ¥2.11T | ¥2.15T | ¥2.21T | ¥2.25T | |
| Long-term investments | ¥0 | ¥188B | ¥0 | ¥0 | ¥0 | ¥139B | ¥326B | ¥0 | ¥0 | ¥152B | ¥0 | ¥0 | |
| Intangible assets | ¥10.5B | ¥10.2B | ¥11.6B | ¥35B | ¥38.2B | ¥36.9B | ¥36.2B | ¥36.1B | ¥35.2B | ¥34.7B | ¥34B | ¥33.3B | |
| Deferred tax assets | ¥0 | ¥71.3B | ¥0 | ¥0 | ¥0 | ¥90.2B | ¥0 | ¥0 | ¥0 | ¥99B | ¥0 | ¥0 | |
| Other non-current assets | ¥349B | ¥95.9B | ¥366B | ¥327B | ¥316B | ¥94.7B | ¥1M | ¥336B | ¥346B | ¥117B | ¥376B | ¥377B | |
| Non-current assets | ¥2.12T | ¥2.11T | ¥2.26T | ¥2.42T | ¥2.31T | ¥2.43T | ¥2.37T | ¥2.43T | ¥2.49T | ¥2.56T | ¥2.62T | ¥2.66T | |
| Total assets | ¥5.12T | ¥5.15T | ¥5.33T | ¥5.64T | ¥5.29T | ¥5.64T | ¥5.24T | ¥5.36T | ¥5.45T | ¥5.66T | ¥5.76T | ¥5.96T | |
| Liabilities | |||||||||||||
| Accounts payable | ¥162B | ¥161B | ¥142B | ¥175B | ¥171B | ¥184B | ¥166B | ¥172B | ¥183B | ¥176B | ¥168B | ¥193B | |
| Accrued expenses | ¥0 | ¥5.36B | ¥0 | ¥0 | ¥0 | ¥6.48B | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | |
| Short-term debt | ¥6.91B | ¥14.8B | ¥8.45B | ¥11.5B | ¥11B | ¥14.5B | ¥7.4B | ¥7.64B | ¥7.13B | ¥6.93B | ¥24B | ¥4.16B | |
| Taxes payable | ¥0 | ¥73.1B | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | ¥77B | ¥0 | ¥0 | ¥0 | ¥0 | |
| Deferred revenue | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | ¥3.51B | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | |
| Other current liabilities | ¥313B | ¥266B | ¥320B | ¥255B | ¥303B | ¥244B | ¥271B | ¥239B | ¥283B | ¥250B | ¥324B | ¥307B | |
| Current liabilities | ¥482B | ¥520B | ¥471B | ¥516B | ¥485B | ¥537B | ¥444B | ¥496B | ¥473B | ¥523B | ¥516B | ¥608B | |
| Long-term debt | ¥18.7B | ¥13.9B | ¥14.2B | ¥8.36B | ¥8.11B | ¥7.45B | ¥237B | ¥236B | ¥236B | ¥236B | ¥236B | ¥397B | |
| Lease obligations (non-current) | ¥0 | ¥12.4B | ¥0 | ¥0 | ¥0 | ¥12B | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | |
| Deferred tax liabilities | ¥0 | ¥129B | ¥0 | ¥0 | ¥0 | ¥192B | ¥0 | ¥0 | ¥0 | ¥209B | ¥0 | ¥0 | |
| Other non-current liabilities | ¥196B | ¥47.9B | ¥207B | ¥225B | ¥220B | ¥50.7B | ¥247B | ¥243B | ¥252B | ¥50.4B | ¥266B | ¥262B | |
| Non-current liabilities | ¥215B | ¥204B | ¥221B | ¥233B | ¥228B | ¥262B | ¥485B | ¥480B | ¥488B | ¥496B | ¥502B | ¥660B | |
| Total liabilities | ¥697B | ¥724B | ¥692B | ¥750B | ¥713B | ¥799B | ¥928B | ¥975B | ¥962B | ¥1.02T | ¥1.02T | ¥1.27T | |
| Equity | |||||||||||||
| Common stock & paid-in capital | ¥119B | ¥119B | ¥119B | ¥119B | ¥119B | ¥119B | ¥119B | ¥119B | ¥119B | ¥119B | ¥119B | ¥119B | |
| Retained earnings | ¥3.5T | ¥3.52T | ¥3.56T | ¥3.71T | ¥3.65T | ¥3.76T | ¥3.78T | ¥3.91T | ¥3.93T | ¥4.02T | ¥4.04T | ¥4.2T | |
| Accumulated other comprehensive income | ¥636B | ¥519B | ¥689B | ¥862B | ¥530B | ¥783B | ¥644B | ¥590B | ¥662B | ¥809B | ¥868B | ¥915B | |
| Shareholders' equity | ¥4.26T | ¥4.26T | ¥4.46T | ¥4.7T | ¥4.4T | ¥4.66T | ¥4.15T | ¥4.22T | ¥4.32T | ¥4.46T | ¥4.56T | ¥4.51T | |
| Debt | |||||||||||||
| Total debt (incl. leases) | ¥25.6B | ¥41.2B | ¥22.7B | ¥19.8B | ¥19.1B | ¥33.9B | ¥245B | ¥244B | ¥243B | ¥243B | ¥260B | ¥402B | |
| Net debt (debt - cash) | -¥1.65T | -¥549B | -¥1.7T | -¥584B | -¥1.58T | -¥849B | -¥327B | -¥376B | -¥1.25T | -¥1.42T | -¥1.4T | -¥1.35T | |
| Balance sheet | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | ¥733B | ¥780B | ¥828B | ¥745B | ¥802B | ¥1.01T | ¥1.25T | ¥590B | ¥883B | ¥1.66T | |
| Short-term investments | ¥206B | ¥271B | ¥214B | ¥343B | ¥351B | ¥427B | ¥353B | ¥1.13T | ¥929B | ¥7.04B | |
| Receivables | ¥288B | ¥321B | ¥331B | ¥318B | ¥338B | ¥468B | ¥467B | ¥475B | ¥505B | ¥522B | |
| Inventory | ¥267B | ¥282B | ¥329B | ¥366B | ¥365B | ¥454B | ¥688B | ¥721B | ¥770B | ¥791B | |
| Other current assets | ¥69.9B | ¥84.8B | ¥47.5B | ¥52.7B | ¥59.1B | ¥80.5B | ¥108B | ¥121B | ¥123B | ¥126B | |
| Current assets | ¥1.55T | ¥1.74T | ¥1.75T | ¥1.82T | ¥1.91T | ¥2.44T | ¥2.86T | ¥3.04T | ¥3.21T | ¥3.11T | |
| Property, plant & equipment (net) | ¥847B | ¥900B | ¥988B | ¥1.12T | ¥1.17T | ¥1.29T | ¥1.52T | ¥1.75T | ¥2.07T | ¥2.15T | |
| Long-term investments | ¥138B | ¥150B | ¥145B | ¥130B | ¥154B | ¥165B | ¥175B | ¥188B | ¥139B | ¥152B | |
| Intangible assets | ¥10.2B | ¥9.41B | ¥8.74B | ¥10.1B | ¥8.92B | ¥10.5B | ¥10.4B | ¥10.2B | ¥36.9B | ¥34.7B | |
| Deferred tax assets | ¥22.6B | ¥52.9B | ¥59.2B | ¥63.7B | ¥58.7B | ¥65.6B | ¥75B | ¥71.3B | ¥90.2B | ¥99B | |
| Other non-current assets | ¥89.1B | ¥88.6B | ¥87B | ¥82.4B | ¥78.6B | ¥84B | ¥88.4B | ¥95.9B | ¥94.7B | ¥117B | |
| Non-current assets | ¥1.11T | ¥1.2T | ¥1.29T | ¥1.41T | ¥1.47T | ¥1.62T | ¥1.87T | ¥2.11T | ¥2.43T | ¥2.56T | |
| Total assets | ¥2.66T | ¥2.91T | ¥3.04T | ¥3.23T | ¥3.38T | ¥4.05T | ¥4.73T | ¥5.15T | ¥5.64T | ¥5.66T | |
| Liabilities | |||||||||||
| Accounts payable | ¥124B | ¥137B | ¥141B | ¥136B | ¥125B | ¥178B | ¥185B | ¥161B | ¥184B | ¥176B | |
| Accrued expenses | ¥3.51B | ¥3.82B | ¥4.25B | ¥4.39B | ¥4.37B | ¥0 | ¥4.94B | ¥5.36B | ¥6.48B | ¥0 | |
| Short-term debt | ¥12.9B | ¥7.18B | ¥7.09B | ¥9.45B | ¥13B | ¥15B | ¥15B | ¥14.8B | ¥14.5B | ¥6.93B | |
| Taxes payable | ¥32.7B | ¥59B | ¥45.7B | ¥44.4B | ¥48B | ¥73.8B | ¥65.5B | ¥73.1B | ¥0 | ¥0 | |
| Deferred revenue | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | ¥0 | ¥3.51B | ¥0 | |
| Other current liabilities | ¥144B | ¥172B | ¥194B | ¥183B | ¥172B | ¥211B | ¥237B | ¥266B | ¥244B | ¥250B | |
| Current liabilities | ¥317B | ¥383B | ¥392B | ¥378B | ¥363B | ¥478B | ¥508B | ¥520B | ¥537B | ¥523B | |
| Long-term debt | ¥1.58B | ¥8.43B | ¥7.62B | ¥15.1B | ¥16B | ¥16.9B | ¥18.8B | ¥13.9B | ¥7.45B | ¥236B | |
| Lease obligations (non-current) | ¥164M | ¥202M | ¥202M | ¥5.8B | ¥5.49B | ¥6.97B | ¥13.3B | ¥12.4B | ¥12B | ¥0 | |
| Deferred tax liabilities | ¥98.2B | ¥62.3B | ¥62.7B | ¥59.4B | ¥55.3B | ¥66.8B | ¥112B | ¥129B | ¥192B | ¥209B | |
| Other non-current liabilities | ¥48.6B | ¥41.6B | ¥43.8B | ¥49.2B | ¥54B | ¥55.7B | ¥52B | ¥47.9B | ¥50.7B | ¥50.4B | |
| Non-current liabilities | ¥149B | ¥112B | ¥114B | ¥130B | ¥131B | ¥146B | ¥196B | ¥204B | ¥262B | ¥496B | |
| Total liabilities | ¥466B | ¥490B | ¥506B | ¥507B | ¥494B | ¥624B | ¥704B | ¥724B | ¥799B | ¥1.02T | |
| Equity | |||||||||||
| Common stock & paid-in capital | ¥119B | ¥119B | ¥119B | ¥119B | ¥119B | ¥119B | ¥119B | ¥119B | ¥119B | ¥119B | |
| Retained earnings | ¥1.86T | ¥2.07T | ¥2.28T | ¥2.41T | ¥2.62T | ¥2.99T | ¥3.31T | ¥3.52T | ¥3.76T | ¥4.02T | |
| Accumulated other comprehensive income | ¥57.3B | ¥61.8B | ¥30B | -¥173M | -¥36.7B | ¥103B | ¥339B | ¥519B | ¥783B | ¥809B | |
| Shareholders' equity | ¥2.13T | ¥2.35T | ¥2.47T | ¥2.65T | ¥2.82T | ¥3.33T | ¥3.87T | ¥4.26T | ¥4.66T | ¥4.46T | |
| Debt | |||||||||||
| Total debt (incl. leases) | ¥14.6B | -¥43.2B | ¥14.9B | ¥30.4B | ¥34.5B | ¥39B | ¥47.1B | ¥41.2B | ¥33.9B | ¥243B | |
| Net debt (debt - cash) | -¥719B | -¥824B | -¥813B | -¥715B | -¥767B | -¥970B | -¥1.2T | -¥549B | -¥849B | -¥1.42T | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in JPY.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics and estimates: Financial Modeling Prep.
Data as of 2026-11-01