Shin-Etsu Polymer Co.,Ltd.
7970・Prime Market・Chemicals
Electronic Devices Business
Segment manufacturing and selling input/output components for automotive and electronic equipment applications
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales | ¥25,726 million | ¥24,848 million | ↑ |
| Operating profit | ¥1,713 million | ¥1,190 million | ↑ |
| Operating margin | 6.7% | 4.8% | ↑ |
| Depreciation and amortization | ¥1,199 million | ¥1,166 million | ↑ |
| Impairment loss | ¥17 million | ¥64 million | ↓ |
Business Details
A segment that manufactures and sells input/output components and peripheral components for automobiles and electronic equipment. Main products include Input Devices (automotive switches, touchpads, etc.), Display-related Devices (VCF) (VCF, etc.), and Component-related Products (Fire-retardant Cushions, Silicone Molded Products, etc.). In addition to domestic manufacturing bases, the company operates a global framework with manufacturing subsidiaries in Malaysia, China, Hungary, and India, and sales subsidiaries in the United States, Europe, and various Asian countries.
Recent Overview
Substantial growth in Component-related Products drove results, with operating profit up 43.9% year on year
In FY2026 (ending March 2026), the Electronic Devices Business recorded net sales of ¥25,726 million (up 3.5% year on year) and operating profit of ¥1,713 million (up 43.9% year on year). The main factor was that Component-related Products significantly exceeded the same period of the previous year due to increased demand for automotive silicone molded products such as wiper components and fire-retardant cushions. Cumulative automotive Input Devices were below the same period of the previous year but trended on a recovery track. Connectors for liquid crystal connection and inspection were weak, but VCF maintained a stable level of demand.
Key Products
Growth Drivers
- Recovery in demand for automotive Input Devices accompanying the expanding adoption of hybrid vehicles and environmentally friendly vehicles
- Mass production and expanded sales of fire-retardant cushions for EV batteries (growth area)
- Progress in demonstration and development toward mass production of heat-resistant thin films for automotive electronic components
- Expansion of connectors for liquid crystal connection, etc., against a backdrop of steady demand for consumer equipment
- Strengthening of the supply framework leveraging global manufacturing bases in Malaysia, China, Hungary, India, etc.
Risks
- Downward pressure on demand for automotive-related products overall due to a prolonged slowdown in EV sales
- Spillover effects on the automotive industry from US trade policy (tariff increases)
- Weakness in connector-related products due to sluggish demand for inspection connectors, etc.
- Uncertainty in the pace of recovery in demand for automotive Input Devices
- Impact of exchange rate fluctuations (yen appreciation) on the performance of overseas manufacturing and sales subsidiaries
Last updated: June 19, 2026