Shin-Etsu Chemical Co., Ltd. revised earnings guidance for the fiscal year ending March 31, 2023. For the year, the company now expected to report net sales of JPY 2,700,00 million, operating income of JPY 940,000 million, net income attributable to owners of parent of JPY 680,000 million and net income per share of JPY 1,670.65. The company previously forecasts net sales of JPY 2,550,00 million, operating income of JPY 825,000 million, net income attributable to owners of parent of JPY 588,000 million and net income per share of JPY 1,432.59.