Global #1 in silicon wafers (~30% share) and PVC, both markets tightening as semiconductor capex booms and US housing recovers. Photoresist business directly benefits from EUV ramp at TSMC/Samsung/Intel. Balance sheet is fortress-grade with net cash and consistently buying back stock.
Thesis reviewed May 29, 2026
Shin-Etsu Chemical Co Ltd is headquartered in Japan, which is currently showing moderate signals.
🇯🇵Japan52NEUTRALView Japan risk detail →🧱Materials20WATCH| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| DD | DuPont de Nemours, Inc. | 26 | +6% | ↓7% | EARLY |
| PPG | PPG Industries, Inc. | 26 | +1% | ↓7% | NEUTRAL |
| DOW | Dow Inc. | 26 | +1% | ↓7% | NEUTRAL |
| NUE | Nucor Corporation | 26 | +11% | ↓7% | EARLY |
| ECL | Ecolab Inc. | 26 | +2% | ↓7% | NEUTRAL |
| APD | Air Products and Chemicals, Inc. | 26 | -9% | ↓7% | AVOID |
| SHW | The Sherwin-Williams Company | 26 | +2% | ↓7% | NEUTRAL |
Investors who hold SHECY may also have indirect exposure through these country funds.
Shin-Etsu raises 300mm wafer prices 8% on tight supply through 2027
PVC demand recovery confirmed by US housing starts hitting 1.5M annualized
EUV photoresist share gain confirmed at Samsung 2nm node
Estimates · Yahoo Finance · Not audited figures