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Press Release Consolidated Financial Results for the Fiscal Year Ended March 31 , 2021 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 Accouting standards Four FASF MEMBERSHIP ( JP GAAP ) April 28 , 2021 Personnel to contact : Toshiyuki Kasahara ( Mr. ) Director , General Manager of Finance & Accounting Department Tel : + 81-3-3246-5051 Date of the annual shareholders ' meeting Date of the filing of the consolidated financial statements Date of year - end dividend payment June 29 , 2021 June 30 , 2021 June 30 , 2021 Preparation of supplemental explanatory materials : Yes ( " Appendix ” is attached . ) Holding of 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 fiscal year . 1. Consolidated Operating Performance for the Fiscal Year Ended March 31 , 2021 ( From April 1 , 2020 to March 31 , 2021 ) ( 1 ) Results of consolidated operations April 2020 March 2021 April 2019 - March 2020 ( Millions of yen ) Net income attributable to owners of parent Net sales Operating income Ordinary income 1,496,906 1,543,525 ( 3.0 % ) ( 3.2 % ) 392,213 ( 3.4 % ) 405,101 406,041 0.6 % 418,242 ( 3.1 % ) 0.7 % 293,732 314,027 ( 6.5 % ) 1.6 % Net income per share ( Note ) Comprehensive income ( Millions of yen ) April 2020 - March 2021 : 262,230 [ ( 8.6 % ) ] April 2019 - March 2020 : 286,889 [ 2.5 % Ratio of ordinary Diluted net income per Ratio of net income to stockholders ' income to total April 2020 March 2021 April 2019 - March 2020 ( yen ) 706.76 755.17 706.26 755.01 assets 12.3 % 13.3 % ( Note ) Equity in earnings ( losses ) of affiliates ( Millions of yen ) April 2020 - March 2021 : 5,364 share ( yen ) equity 10.7 % 12.3 % Ratio of operating income to net sales 26.2 % 26.3 % March 31 , 2021 March 31 , 2020 April 2019 March 2020 : 4,327 ( Millions of yen ) Net assets per share ( yen ) 6,769.72 82.1 % 6,377.93 ( 2 ) Consolidated financial position Total assets Net assets 3,380,615 3,230,485 2,886,625 2,723,141 ( Note ) Stockholders ' equity ( Millions of yen ) As of March 31 , 2021 : 2,813,137 Stockholders ' equity ratio 83.2 % ( 3 ) Consolidated cash flows Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities As of March 31 , 2020 : 2,652,309 ( Millions of yen ) Cash and cash equivalents at the end of fiscal year April 2020 March 2021 April 2019 March 2020 2. Cash Dividends 401,176 412,384 ( 250,719 ) ( 394,547 ) ( 91,123 ) ( 94,055 ) 801,596 745,125 Cash dividends per share for the fiscal year ( yen ) 1st quarter April 2019 - March 2020 April 2020 March 2021 2nd quarter 110.00 110.00 3rd Year- end quarter Fiscal year 110.00 220.00 140.00 250.00 Total annual cash Dividend dividend paid ( Millions of yen ) Ratio of 91,473 103,853 payout ratio 29.1 % 35.4 % dividend payout to net assets 3.6 % 3.8 % 3. Forecast of Consolidated Operating Performance for the Fiscal Year Ending March 31 , 2022 ( From April 1 , 2021 to March 31 , 2022 ) We will promptly make an announcement of the consolidated business and cash dividends forecast as soon as the disclosure of the forecast becomes possible .