Shin-Etsu Chemical

-5.23%

1. Supply Chain Risk: Shin-Etsu Chemical depends extensively on a complex and global supply chain network to source its raw materials and components. The company is therefore exposed to the risk that any significant disruptions in its supply chain could have an adverse effect on its results of operations, financial condition, and/or cash flow.

2. Credit Risk: Shin-Etsu Chemical is exposed to the risk of counterparty default and the risk of losses resulting from customer insolvency. The company is subject to credit exposure with its customers, suppliers, and other counterparties, and its exposure to credit and liquidity risk can significantly affect its results.

3. Currency Risk: Shin-Etsu Chemical operates in many different countries and is exposed to the risk that foreign currency volatility may materially impact the results of its operations and financial condition.

4. Regulatory Risk: Shin-Etsu Chemical is subject to a number of environmental, health and safety, and other regulations which could have an adverse effect on its results of operations, financial condition, and/or cash flow.

5. Competitive Risk: Shin-Etsu Chemical operates in a highly competitive global chemical industry and is exposed to the risk that it may not be able to keep pace with its competitors in terms of product innovation and pricing.