SHECY News and Press, Shin-Etsu Chemical Co. Ltd. ADR From 09/21/23

2023-09-21 12:02:57 ET Summary Shin-Etsu Chemical has shown resilience during challenging conditions in 2023, with strong margins and longer-term leverage to growth in housing, semiconductor demand, and emerging markets like EVs. As expected, weak construction markets have driven ...

2023-08-16 13:45:17 ET Summary The best-ranked subsector regarding value and quality is construction materials. The most overvalued one is mining/metals. Fast facts on iShares Global Materials ETF, a global alternative to XLB. This monthly article series shows a dash...

2023-05-23 17:34:15 ET Summary Construction materials have attractive value and quality scores. Other subsectors are close to 11-year averages in valuation. Packaging has a good quality score. iShares Global Materials ETF is a global alternative to Materials Select Sector ...

Summary HOYA is currently muddling through some challenging end-market conditions as hard drive substrate demand is very weak and EUV mask blank demand is about to decline. Long-term growth prospects in both EUV lithography and data center capex are quite positive, giving HOYA leverage ...

Summary Shin-Etsu shares have lagged on worries about the housing-driven PVC business and the impact of weaker electronics demand on the semiconductor and silicone products businesses. PVC prices have corrected sharply and Shin-Etsu will see a significant decline in profits in the comin...

Summary VPL's portfolio is highly diversified, invests significantly in sectors with high growth potential, has a low expense ratio, and is trading at a marginal discount. Though VPL's current yield is not excessively high, it seems to be sustainable and the fund generates a high enough...

Summary Shares in Toyo Gosei have corrected 53% YTD, highlighting difficulties over cost inflation and FX risks. The earnings outlook is weak given falling profitability and increasing Capex, which we believe will result in cash burn. We believe the shares have priced in most ...

Rogers is well-leveraged to growth in passenger vehicle electrification and safety, with substrates, laminates, and padding materials for power semiconductors, sensors, and battery packs. Strong R&D and internal materials engineering capabilities have driven good market share for ...

Shin-Etsu Chemical has a strong track record of generating free cash flow, has a dominant position in its core markets, and remains well-capitalized. Current trading is firm for both PVC resin and semiconductor-related areas, but we feel the outlook into FY3/2023 is a notable slowdown...

HOYA is an attractive blend of growth and defensive themes, remains well-capitalized and management actively allocates capital for shareholder returns. Growth areas include EUV mask blanks and endoscopes, and cash cow activities include contact lenses and HDD glass substrates. We ...