IHS Chemical Week

World News and Views :: Top of the News

Shin-Etsu Reports Fall in Profits and Sales

5:29 AM MDT | July 27, 2011 | Deepti Ramesh

Shin-Etsu Chemical reported a 33% fall in net profits for the fiscal first quarter ended June 30, 2011, compared with the year-ago period, to ¥23.8 billion ($306 million). Sales decreased nearly 4%, to ¥250 billion. The net profits were impacted by extraordinary losses of ¥5.3 billion incurred due to the earthquake and tsunami that struck the northeast of Japan on March 11, Shin-Etsu says. And the net profits in the year-ago period included a refund of corporate taxes paid in the previous fiscal years, after Japanese and U.S. tax authorities reached...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa