Japanese Materials Price disconnect

Asahi Kasei

Market Cap: JP¥2.4t

Engages in material, homes, healthcare businesses.

Adeka

Market Cap: JP¥420.0b

Engages in chemicals, food products, and life science businesses.

Zeon

Market Cap: JP¥405.8b

Engages in the elastomer materials, specialty materials, and other businesses in Japan, North America, Europe, and Asia.

FP

Market Cap: JP¥193.3b

Manufactures and markets polystyrene and compound resin disposable food containers in Japan.

Aichi Steel

Market Cap: JP¥190.4b

Manufactures and sells steel materials, forged products, electronic functional materials and components, and magnetic products in Japan, the United States, Thailand, China, and internationally.

Sumitomo Osaka Cement

Market Cap: JP¥172.4b

Engages in the cement business in Japan and internationally.

Toyobo

Market Cap: JP¥159.7b

Provides films and functional polymers, industrial materials, and healthcare and textile products worldwide.

Nippon Paper Industries

Market Cap: JP¥145.5b

Engages in the production and sale of pulp and paper products in Japan, Oceania, Asia, North America, and internationally.

Sk KakenLtd

Market Cap: JP¥131.9b

Manufactures and sells organic and inorganic water-based coating materials, synthetic resin paints, inorganic coating materials, and inorganic building materials in Japan and internationally.

Ishihara Sangyo KaishaLtd

Market Cap: JP¥127.4b

Manufactures and sells organic and inorganic chemicals in Japan, Asia, the United States, Europe, and internationally.

Sakata INX

Market Cap: JP¥114.4b

Manufactures and sells various printing inks and auxiliary agents in Japan, Asia, the America, Europe, and internationally.

JSP

Market Cap: JP¥67.7b

Manufactures and sells expanded polymers worldwide.

Asia Pile Holdings

Market Cap: JP¥60.9b

Through its subsidiaries, engages in the foundation construction business in Japan and Vietnam.

Topy Industries

Market Cap: JP¥60.9b

Engages in the steel, automotive, industrial machinery components, and other businesses in Japan.

Matsumoto Yushi-SeiyakuLtd

Market Cap: JP¥59.1b

Manufactures and markets fiber and textile chemicals, microcapsules, various surfactants, and high polymer based products in Japan and Indonesia.

Nippon Fine Chemical

Market Cap: JP¥53.3b

Manufactures and sells fine chemical, cosmetic, and industrial chemical products in Japan and internationally.

Hokko Chemical Industry

Market Cap: JP¥46.0b

Together with subsidiaries, manufactures and sells crop protection and fine chemicals products in Japan and internationally.

Mitsubishi Steel Mfg

Market Cap: JP¥32.6b

Manufactures and sells steel products, construction machinery parts, automotive parts, and machinery and equipment.

Nippon Carbide Industries

Market Cap: JP¥29.9b

Engages in the electronic and functional products, and films and sheetings business in Japan, Asia, and internationally.

OAT Agrio

Market Cap: JP¥26.9b

Researches, develops, manufactures, and sells agrochemicals and fertilizers in Japan and internationally.

Nihon Yamamura Glass

Market Cap: JP¥26.1b

Produces and sells glass bottles and plastic caps in Japan and internationally.

Harima Chemicals Group

Market Cap: JP¥25.4b

Primarily manufactures and sells various chemicals in Japan, China, rest of Asia, South and North America, Europe, and internationally.

Nihon Seiko

Market Cap: JP¥15.8b

Manufactures and sells antimony products and metal powders in Japan.

Kunimine Industries

Market Cap: JP¥15.0b

Engages in the mining, manufacture, and sale of bentonite ore in Japan.

Natoco

Market Cap: JP¥13.1b

Manufactures and sells paints, inks, fine chemicals, synthetic resins, and related products in Japan.

Isamu Paint

Market Cap: JP¥7.1b

Manufactures and sells paints, solvents, and building materials in Japan.

Sun A.Kaken CompanyLimited

Market Cap: JP¥6.4b

Manufactures and sells packaging material-related products in Japan.

cottaLTD

Market Cap: JP¥5.4b

Manufactures and sells confectionary food materials and food packaging materials in Japan and internationally.

Nomura

Market Cap: JP¥5.0b

Develops, manufactures, and sells packaging materials and packaging machines in Japan.

Sanyu

Market Cap: JP¥4.3b

Produces and sells steel products in Japan.

Takasago Tekko K.K

Market Cap: JP¥3.7b

Manufactures and sells various steel products developed primarily from stainless steel in Japan.

Sugai Chemical Industry

Market Cap: JP¥3.3b

Manufactures and sells various chemicals in Japan.

Maruo Calcium

Market Cap: JP¥3.1b

Manufactures and sells various calcium carbonate and other industrial raw materials in Japan.

Eidai KakoLtd

Market Cap: JP¥2.4b

Manufactures, imports, and sells resin sheets in Japan.

TOKYO KOATSU

Market Cap: JP¥1.9b

Manufactures and sells industrial gases.

Sankei Chemical

Market Cap: JP¥1.6b

Manufactures and sells agricultural chemicals and pesticides in Japan.