Report

PSA Chemicals: Shin-Etsu Chemical (4063 JT) – Examining the Weak FY18 Q4

Shin-Etsu Chemical (4063 JT) – Examining the Weak FY18 Q4
Tags: TSMC (2330 TT), Toyota (7203 JT), Mimasu Semiconductor (8155 JT)
Despite its somewhat weak FY18 Q4 performance, Joel Scheiman is sanguine about the company’s prospects and finds Shin-Etsu’s valuations undemanding.
Provider
Pelham Smithers Associates Ltd
Pelham Smithers Associates Ltd

Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods. 

PSA produces both company and sector reports. The focus of PSA’s research is to identify winners and losers as new technologies impact the top and bottom lines of corporations. Critical to our research is the clear explanation of how these new technologies work and how they impact companies and industries. 

The founding partners have worked closely together for twenty years and the team has more than doubled in size since 2012. 

Analysts
Joel Scheiman

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