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Press Release Consolidated Financial Results for the First Three Quarters Ended December 31 , 2020 Shin - Etsu Chemical Co. , Ltd. Listing Code : No. 4063 ( URL : https://www.shinetsu.co.jp/en/ ) Listing Stock Exchange : Tokyo and Nagoya Representative : Yasuhiko Saitoh ( Mr. ) Representative Director / President Accou ( JP GAAP ) FASF MEMBERSHIP January 27 , 2021 Personnel to contact : Toshiyuki Kasahara ( Mr. ) Director , General Manager of Finance & Accounting Department Tel : + 81-3-3246-5051 Date of the filing of the quarterly consolidated financial statements : February 10 , 2021 Date of dividend payment : - Preparation of supplemental explanatory materials : Yes ( “ Appendix ” is attached . ) Holding of quarterly financial results meeting : Yes ( for investment analysts and institutional investors ) Amounts are stated in millions of yen by discarding fractional amounts less than 1 million . Percentage figures indicate increase ( decrease ) over previous corresponding period . 1. Consolidated Operating Performance for the First Three Quarters Ended December 31 , 2020 ( From April 1 , 2020 to December 31 , 2020 ) ( 1 ) Results of consolidated operations Net sales April - December 2020 1,090,407 ( 7.1 % ) April - December 2019 1,174,011 ( 2.7 % ) ( Note ) Comprehensive income ( Millions of yen ) Net income per share ( yen ) April December 2020 513.25 April - December 2019 593.58 Operating income Ordinary income 293,043 ( 11.3 % ) 330,231 0.3 % 285,021 ( 10.6 % ) 318,735 ( 1.8 % ) From April 1 , 2020 to December 31 , 2020 : From April 1 , 2019 to December 31 , 2019 : Diluted net income per share ( yen ) 512.95 593.51 ( Millions of yen ) Net income attributable to owners of parent 213,321 ( 13.6 % ) 246,836 1.9 % 190,980 [ ( 6.8 % ) ] 204,970 [ ( 14.3 % ) ] ( 2 ) Consolidated financial position Total assets December 31 , 2020 March 31 , 2020 3,253,562 3,230,485 Net assets 2,814,760 2,723,141 Stockholders ' equity ratio 84.3 % ( Millions of yen ) Net assets per share ( yen ) 6.602.30 82.1 % 6,377.93 ( Note ) Stockholders ' equity ( Millions of yen ) As of December 31 , 2020 : 2,742,861 As of March 31 , 2020 : 2,652,309 2. Cash Dividends April 2019 - March 2020 April 2020 March 2021 April 2020 - March 2021 ( forecast ) 1st quarter 2nd quarter 110.00 Cash dividends per share in the fiscal year ( yen ) 3rd quarter Year - end Fiscal year 110.00 220.00 110.00 130.00 240.00 ( Note ) Revision of the latest forecast of cash dividends : No 3. Forecast of Consolidated Operating Performance for the Fiscal Year Ending March 31 , 2021 ( From April 1 , 2020 to March 31 , 2021 ) Fiscal year Net sales 1,430,000 ( 7.4 % ) ( Millions of yen ) Operating income Ordinary income 377,000 Net income attributable to owners of parent 283,000 ( 9.9 % ) Net income per share ( yen ) 681.10 ( 7.2 % ) 390,000 ( 6.8 % ) ( Note ) Revision of the latest forecast of consolidated operating performance : No Forward - looking statements such as the forecast of results of operations made in this document involves risks and uncertainties since they are based on management's assumptions and beliefs in light of the information currently available to it . The reader should be aware that actual results may be materially different from any future results expressed herein due to various factors . Material factors affecting the actual results may include overall economic conditions in which the businesses of our company and our group companies are involved , the relevant market trends and fluctuations in foreign exchange rates of the yen , in particular , the exchange rate between the U.S. dollar and the yen ; provided , however , that such factors as may affect results of operations are not limited to those enumerated above .