OTCPK:SHECY (Japan) Also Trade In: Germany Japan

Shin-Etsu Chemical Co Ltd $ 39.64 1.15 (2.97%)

On watch
Volume:
35,848
Avg Vol (1m):
57,505
Market Cap $:
65.84 Bil
Enterprise Value $:
56.25 Bil
P/E (TTM):
23.59
P/B:
2.50
Warning! GuruFocus has detected 1 Severe warning sign with SHECY. Click here to check it out.
5D 3M YTD 1Y 5Y 10Y All 10Y (-%)

Shin-Etsu Chemical Co Ltd News and Headlines -

GuruFocus Articles Total 10
  • 1

Fund releases 1st-quarter portfolio

The Matthews Japan Fund (Trades, Portfolio) released its first-quarter portfolio last week, listing six new holdings.

Part of San Francisco-based investment firm Matthews Asia, the fund is managed by Taizo Ishida and Shuntaro Takeuchi. It invests in Japanese companies that have sustainable growth in order to generate long-term capital appreciation.

Based on these criteria, the fund established positions in Fast Retailing Co. Ltd. (TSE:9983), Santen Pharmaceutical Co. Ltd. (TSE:4536), Shin-Etsu Chemical Co. Ltd. (TSE:4063), Fujifilm Holdings Corp. (TSE:4901), Pan Pacific International Holdings Corp. (TSE:7532) and Freee KK (TSE:4478).

Fast Retailing

Having previously sold out of Fast Retailing

192 Views    Sydnee Gatewood    2020-05-06 16:33
Guru stock highlight

We also initiated a position in Shin-Etsu Chemical Co. (TSE:4063), a leading manufacturer of semiconductor wafers and polyvinyl chloride (PVC). While basic materials are affected by economic downturns, we believe the company's low cost base and sound balance sheet provides resilience.

From [url=https://www.gurufocus.com/StockBuy.php?GuruName=Matthews+Japan+Fund]Matthews Japan Fund[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=Matthews+Japan+Fund]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=Matthews+Japan+Fund]Portfolio[/url])'s first-quarter 2020 commentary.

27 Views    Sydnee Gatewood    2020-04-23 21:36
Discussion of markets and holdings

For the quarter ending March 31, 2020, the [url=https://www.gurufocus.com/StockBuy.php?GuruName=Matthews+Japan+Fund]Matthews Japan Fund[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=Matthews+Japan+Fund]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=Matthews+Japan+Fund]Portfolio[/url]) returned -15.34% (Investor Class), while its benchmark, the MSCI Japan Index, returned -16.63%.

Market Environment:

During the quarter, Japanese equities went through two distinct phases of performance. In January and February, Japanese equities experienced steeper declines than those of other developed economies in anticipation of the global manufacturing cycle reaching a low point. Following strong performance in the final four months of 2019, there may have been an element of profit taking in the January and February sell off. In addition, Japan was an early focal point

35 Views    Sydnee Gatewood    2020-04-23 21:28
The largest position cut was Mitsui & Co.

The Matthews Japan Fund (Trades, Portfolio) disclosed in its first-quarter portfolio, which was released earlier this week, that it exited five positions.

Managed by Taizo Ishida and Shuntaro Takeuchi, the fund, which is part of San Francisco-based Matthews International Capital Management, invests in Japanese companies that have sustainable growth in order to generate long-term capital appreciation.

Based on these criteria, the fund sold its holdings of Mitsui & Co. Ltd. (TSE:8031), Shin-Etsu Chemical Co. Ltd. (TSE:4063), Minebea Mitsumi Inc. (TSE:6479), Zozo Inc. (TSE:3092) and CKD Corp. (TSE:6407) during the quarter.

Mitsui & Co.

The fund shed 3.38

263 Views    Sydnee Gatewood    2019-05-08 17:57
Review of holdings and markets

For the quarter ending March 31, 2017, the [url=http://www.gurufocus.com/StockBuy.php?GuruName=Matthews+Japan+Fund]Matthews Japan Fund[/url] ([url=http://www.gurufocus.com/StockBuy.php?GuruName=Matthews+Japan+Fund]Trades[/url], [url=http://www.gurufocus.com/holdings.php?GuruName=Matthews+Japan+Fund]Portfolio[/url]) returned 7.38% (Investor Class), outperforming its benchmark, the MSCI Japan Index, which returned 4.64%.

Market Environment:

Japan’s equity markets advanced modestly on a U.S. dollar basis during the first quarter, due to a strengthening yen. Markets seem to have tempered somewhat lofty expectations of the Trump administration’s ability to enact new economic policies. The yen strengthened by 5.03% against the greenback during the quarter despite a rate hike by the U.S. Federal Reserve. This reflects lower inflation expectations in the U.S. and resulted in profit taking activity,

118 Views    Holly LaFon    2017-05-15 19:08
Fund reports quarterly portfolio

Kenichi Amaki and Taizo Ishida, managers of the Matthews Japan Fund (Trades, Portfolio), seek long-term capital appreciation by investing in Japanese stocks with high growth potential. As mentioned in its prospectus, Amaki and Ishida emphasize companies with sustainable growth, cash flow stability and good financial strength.

During the second quarter, the fund invested in three companies and eliminated its positions in three others.

Fund buys three stocks with high growth potential

The Japan Fund purchased 2,716,000 shares of Fujitsu General Ltd. (TSE:6755) at an average price of 1,944.57 Japanese yen per share.

571 Views    James Li    2016-08-01 19:33
Guru's additions to existing stakes exceed number in nearly every quarter since 2012

In the fourth quarter, the T. Rowe Price Japan Fund (Trades, Portfolio) matched its number of new buys in the third quarter and added to more stakes than it has in all but one quarter since 2012.

The Fund invested in five new holdings in the fourth quarter, the most noteworthy being the purchase of a 256,800-share stake in Miura Co. Ltd. (TSE:6005), a Japanese boiler manufacturer, for an average price of ¥1,559.85 (about $13.30 in U.S. currency) per share. The acquisition had a 1.11% impact on the Fund’s portfolio.

The stake is 0.23% of Miura’s outstanding

906 Views    David Goodloe    2016-01-19 22:36

After a liquidity-fueled ascent in the first half of 2014, international equities reached a plateau during the third quarter. The MSCI EAFE Index (“Index”) posted a small positive return in local terms, but US dollar strength versus international currencies pushed dollar-denominated returns into negative territory. The top performing countries during the quarter were Israel, Singapore, Japan, Hong Kong, and Finland. Several markets declined steeply over the period including Portugal, Austria, Germany, New Zealand, and Italy. The best performing sectors in the Index were health care, information technology, financials, telecommunication services, and utilities. The worst performing sectors were energy, materials, consumer

1456 Views    Holly LaFon    2015-01-20 20:40

For the year ending December 31, 2013, the [url=http://www.gurufocus.com/StockBuy.php?GuruName=Matthews+Japan+Fund]Matthews Japan Fund[/url] ([url=http://www.gurufocus.com/StockBuy.php?GuruName=Matthews+Japan+Fund]Trades[/url], [url=http://www.gurufocus.com/holdings.php?GuruName=Matthews+Japan+Fund]Portfolio[/url]) returned 34.03% while its benchmark, the MSCI Japan Index, returned 27.35%. For the fourth quarter of the year, the Fund returned 0.28% versus 2.31% for the Index.


2013 was a positive year for Japan investors with the MSCI Japan Index gaining 54.80% in local currency terms, marking its highest annual return since 1986. The Index ended the year at its highs, regaining levels not seen since June 2008. The primary driver of the rally was “Abenomics,” the economic policies advocated by Prime Minister Shinzo

585 Views    Holly LaFon    2014-02-03 17:47
For the quarter ending September 30, 2013, the [url=http://www.gurufocus.com/StockBuy.php?GuruName=Matthews+Japan+Fund]Matthews Japan Fund[/url] gained 10.29% outperforming its benchmark, the MSCI Japan Index, which rose 6.71%. Japanese markets concluded another roller coaster quarter, on a high note this time, with particularly strong performance in September. Tokyo’s winning bid to host the 2020 Olympics, upwardly revised second quarter GDP figures and prospects for a corporate tax cut all served as catalysts for the market rally. The surprise decision by the U.S. Federal Reserve to maintain easing measures for the time being also provided some support for equity performance. By sector, information technology contributed most
670 Views    Holly LaFon    2013-11-18 16:54