Header cover image

Japanese (NIKKEI) Materials Sector Analysis

UpdatedMay 01, 2024
DataAggregated Company Financials
Companies294
  • 7D1.1%
  • 3M4.4%
  • 1Y27.6%
  • YTD7.7%

The Materials is pretty flat in the last 7 days, but Nippon Sanso Holdings has stood out, gaining 8.1%. As for the the longer term, the industry is up 25% over the past 12 months. Looking forward, earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

Has the Japanese Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 01 May 2024JP¥55.9tJP¥80.0tJP¥3.3t12.1x16.7x0.7x
Fri, 29 Mar 2024JP¥56.8tJP¥80.0tJP¥3.3t12.3x17x0.7x
Sun, 25 Feb 2024JP¥55.3tJP¥80.0tJP¥3.3t12.3x16.6x0.7x
Tue, 23 Jan 2024JP¥54.1tJP¥81.9tJP¥3.2t12.6x17x0.7x
Thu, 21 Dec 2023JP¥52.1tJP¥81.8tJP¥3.2t11.9x16.4x0.6x
Sat, 18 Nov 2023JP¥52.2tJP¥81.8tJP¥3.2t12.1x16.4x0.6x
Mon, 16 Oct 2023JP¥49.0tJP¥82.2tJP¥3.3t12x14.9x0.6x
Wed, 13 Sep 2023JP¥51.1tJP¥82.2tJP¥3.3t12.1x15.5x0.6x
Fri, 11 Aug 2023JP¥50.0tJP¥82.1tJP¥3.3t11.8x15.3x0.6x
Sun, 09 Jul 2023JP¥48.2tJP¥82.3tJP¥3.7t11.2x12.9x0.6x
Tue, 06 Jun 2023JP¥47.0tJP¥82.3tJP¥3.7t10.7x12.6x0.6x
Thu, 04 May 2023JP¥45.2tJP¥81.5tJP¥4.2t10.1x10.7x0.6x
Sat, 01 Apr 2023JP¥45.4tJP¥81.3tJP¥4.3t9.8x10.6x0.6x
Mon, 27 Feb 2023JP¥44.3tJP¥81.3tJP¥4.3t9.7x10.4x0.5x
Wed, 25 Jan 2023JP¥42.0tJP¥79.1tJP¥4.8t9x8.7x0.5x
Fri, 23 Dec 2022JP¥40.1tJP¥79.0tJP¥4.8t8.8x8.3x0.5x
Sun, 20 Nov 2022JP¥41.4tJP¥79.0tJP¥4.8t9x8.5x0.5x
Tue, 18 Oct 2022JP¥39.5tJP¥75.9tJP¥5.0t8.6x7.9x0.5x
Thu, 15 Sep 2022JP¥42.0tJP¥75.9tJP¥5.0t9.1x8.4x0.6x
Sat, 13 Aug 2022JP¥42.1tJP¥75.9tJP¥5.0t8.9x8.4x0.6x
Mon, 11 Jul 2022JP¥40.3tJP¥72.8tJP¥4.7t8.8x8.6x0.6x
Wed, 08 Jun 2022JP¥43.5tJP¥72.7tJP¥4.7t9.2x9.3x0.6x
Fri, 06 May 2022JP¥41.9tJP¥70.2tJP¥4.6t8.8x9.2x0.6x
Sun, 03 Apr 2022JP¥43.2tJP¥69.8tJP¥4.4t8.8x9.8x0.6x
Tue, 01 Mar 2022JP¥42.5tJP¥69.7tJP¥4.4t8.8x9.7x0.6x
Thu, 27 Jan 2022JP¥42.3tJP¥66.7tJP¥3.9t9.4x10.8x0.6x
Sat, 25 Dec 2021JP¥43.9tJP¥66.7tJP¥3.9t9.4x11.2x0.7x
Mon, 22 Nov 2021JP¥45.3tJP¥66.7tJP¥3.9t9.7x11.6x0.7x
Wed, 20 Oct 2021JP¥45.7tJP¥63.5tJP¥2.8t11.8x16.4x0.7x
Fri, 17 Sep 2021JP¥48.9tJP¥63.4tJP¥2.8t12.6x17.6x0.8x
Sun, 15 Aug 2021JP¥45.5tJP¥63.5tJP¥2.8t11.8x16.4x0.7x
Thu, 10 Jun 2021JP¥45.1tJP¥60.3tJP¥1.8t12.7x25.4x0.7x
Price to Earnings Ratio

25.2x


Total Market Cap: JP¥44.6tTotal Earnings: JP¥1.8tTotal Revenue: JP¥60.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Materials Sector Price to Earnings3Y Average 12.7x202220232024
Current Industry PE
  • Investors are optimistic on the Japanese Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 16.4x which is higher than its 3-year average PE of 12.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.61x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have grown 24% per year over the last three years.
  • Revenues for these companies have grown 9.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Japanese Materials sector?

JP Market2.54%
Materials1.12%
Basic Materials3.58%
Metals and Mining1.18%
Chemicals1.17%
Packaging0.20%
Paper and Forestry Products-2.48%
Industry PE
  • Investors are most optimistic about the Paper and Forestry Products industry even though it's trading below its 3-year average PE ratio of 398x.
    • Analysts are expecting annual earnings growth of 30.8%, which is higher than its past year's earnings decline of 20.8% per year.
  • Investors are most pessimistic about the Metals and Mining industry, which is trading close to its 3-year average of 7.8x.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings decline of 21% per year.
  • In contrast, the Packaging industry is expected to see its earnings grow by 3.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
4612 Nippon Paint HoldingsJP¥1.05k7.8%
+JP¥177.8b		-16.9%PE20.7x
4091 Nippon Sanso HoldingsJP¥4.68k5.0%
+JP¥95.7b		88.9%PE21.5x
3407 Asahi KaseiJP¥1.11k2.9%
+JP¥43.7b		15.6%PS0.6x
4205 ZeonJP¥1.54k10.0%
+JP¥29.5b		10.2%PE10.5x
4043 TokuyamaJP¥3.16k11.7%
+JP¥23.8b		44.1%PE12.8x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

5440

JP¥2,164.00

Kyoei Steel

7D

-16.2%

1Y

22.1%

3861

JP¥617.80

Oji Holdings

7D

-3.5%

1Y

16.3%

We Think Oji Holdings (TSE:3861) Is Taking Some Risk With Its Debt

Apr 30
We Think Oji Holdings (TSE:3861) Is Taking Some Risk With Its Debt

5401

JP¥3,476.00

Nippon Steel

7D

-0.4%

1Y

19.9%

Nippon Steel (TSE:5401) Is Experiencing Growth In Returns On Capital

Apr 29
Nippon Steel (TSE:5401) Is Experiencing Growth In Returns On Capital

5411

JP¥2,324.50

JFE Holdings

7D

-2.5%

1Y

44.4%

Earnings Working Against JFE Holdings, Inc.'s (TSE:5411) Share Price

Apr 29
Earnings Working Against JFE Holdings, Inc.'s (TSE:5411) Share Price

4205

JP¥1,539.00

Zeon

7D

10.0%

1Y

10.2%

6988

JP¥13,015.00

Nitto Denko

7D

-8.3%

1Y

46.7%

4043

JP¥3,160.00

Tokuyama

7D

11.7%

1Y

44.1%

4063

JP¥6,074.00

Shin-Etsu Chemical

7D

-6.3%

1Y

52.0%

Analysts Have Made A Financial Statement On Shin-Etsu Chemical Co., Ltd.'s (TSE:4063) Full-Year Report

Apr 28
Analysts Have Made A Financial Statement On Shin-Etsu Chemical Co., Ltd.'s (TSE:4063) Full-Year Report

4612

JP¥1,046.00

Nippon Paint Holdings

7D

7.8%

1Y

-16.9%

Nippon Paint Holdings (TSE:4612) Has Announced A Dividend Of ¥7.00

Apr 26
Nippon Paint Holdings (TSE:4612) Has Announced A Dividend Of ¥7.00

4091

JP¥4,677.00

Nippon Sanso Holdings

7D

5.0%

1Y

88.9%

5233

JP¥3,605.00

Taiheiyo Cement

7D

3.8%

1Y

48.4%

Estimating The Fair Value Of Taiheiyo Cement Corporation (TSE:5233)

Apr 24
Estimating The Fair Value Of Taiheiyo Cement Corporation (TSE:5233)

4403

JP¥2,143.00

NOF

7D

2.8%

1Y

2.7%

NOF (TSE:4403) Seems To Use Debt Rather Sparingly

Apr 11
NOF (TSE:4403) Seems To Use Debt Rather Sparingly

3407

JP¥1,105.50

Asahi Kasei

7D

2.9%

1Y

15.6%

4188

JP¥919.30

Mitsubishi Chemical Group

7D

1.1%

1Y

15.9%

Mitsubishi Chemical Group (TSE:4188) Has Announced A Dividend Of ¥16.00

Mar 28
Mitsubishi Chemical Group (TSE:4188) Has Announced A Dividend Of ¥16.00

4005

JP¥345.60

Sumitomo Chemical Company

7D

-3.2%

1Y

-24.2%

Is Sumitomo Chemical Company (TSE:4005) Weighed On By Its Debt Load?

Mar 22
Is Sumitomo Chemical Company (TSE:4005) Weighed On By Its Debt Load?

4021

JP¥5,389.00

Nissan Chemical

7D

-3.1%

1Y

-11.9%