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Japanese (NIKKEI) Chemicals Industry Analysis

UpdatedApr 14, 2026
DataAggregated Company Financials
Companies155
  • 7D3.4%
  • 3M12.2%
  • 1Y55.0%
  • YTD17.4%

In the last week, the Chemicals industry is up 3.4%, with Resonac Holdings up 16%. In the last 12 months, the industry was up 55%. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

Has the Japanese Chemicals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 14 Apr 2026JP¥46.9tJP¥42.0tJP¥2.2t14.2x21.3x1.1x
Thu, 12 Mar 2026JP¥46.5tJP¥42.0tJP¥2.2t14.7x21.1x1.1x
Sat, 07 Feb 2026JP¥44.1tJP¥41.7tJP¥2.1t13.8x20.5x1.1x
Mon, 05 Jan 2026JP¥39.8tJP¥41.8tJP¥2.1t12.9x19.2x1x
Wed, 03 Dec 2025JP¥38.9tJP¥41.8tJP¥2.1t12.3x18.7x0.9x
Fri, 31 Oct 2025JP¥37.8tJP¥42.3tJP¥2.0t13x18.6x0.9x
Sun, 28 Sep 2025JP¥38.3tJP¥42.3tJP¥2.1t13x18.7x0.9x
Tue, 26 Aug 2025JP¥37.5tJP¥42.3tJP¥2.1t12.7x18.2x0.9x
Thu, 24 Jul 2025JP¥37.0tJP¥42.7tJP¥2.2t11.3x17.2x0.9x
Sat, 21 Jun 2025JP¥34.1tJP¥42.7tJP¥2.2t10.9x15.8x0.8x
Mon, 19 May 2025JP¥34.2tJP¥42.7tJP¥2.1t10.8x15.9x0.8x
Wed, 16 Apr 2025JP¥31.4tJP¥42.5tJP¥2.0t10.3x15.6x0.7x
Fri, 14 Mar 2025JP¥34.9tJP¥42.5tJP¥2.0t11.4x17.6x0.8x
Sun, 09 Feb 2025JP¥35.0tJP¥42.3tJP¥2.0t11.9x17.8x0.8x
Tue, 07 Jan 2025JP¥36.5tJP¥42.1tJP¥1.9t12.1x19.7x0.9x
Thu, 05 Dec 2024JP¥37.1tJP¥42.1tJP¥1.9t12.2x20x0.9x
Sat, 02 Nov 2024JP¥37.2tJP¥41.6tJP¥1.9t11.8x19.2x0.9x
Mon, 30 Sep 2024JP¥40.2tJP¥41.6tJP¥1.9t12.4x21x1x
Wed, 28 Aug 2024JP¥38.6tJP¥41.6tJP¥1.9t12.4x20.3x0.9x
Fri, 26 Jul 2024JP¥38.2tJP¥40.8tJP¥1.7t12.7x22x0.9x
Sun, 23 Jun 2024JP¥39.6tJP¥41.2tJP¥1.7t13x22.8x1x
Tue, 21 May 2024JP¥40.0tJP¥41.2tJP¥1.7t13.2x23.1x1x
Thu, 18 Apr 2024JP¥40.2tJP¥41.0tJP¥1.7t14.1x23.9x1x
Sat, 16 Mar 2024JP¥40.6tJP¥41.0tJP¥1.7t14.3x24.1x1x
Mon, 12 Feb 2024JP¥38.2tJP¥41.0tJP¥1.7t13.6x22.2x0.9x
Wed, 10 Jan 2024JP¥37.4tJP¥41.4tJP¥1.7t14.6x22.6x0.9x
Fri, 08 Dec 2023JP¥35.9tJP¥41.4tJP¥1.7t13.9x21.7x0.9x
Sun, 05 Nov 2023JP¥35.1tJP¥41.5tJP¥1.7t13.9x20.7x0.8x
Tue, 03 Oct 2023JP¥33.8tJP¥42.0tJP¥1.8t13.5x18.5x0.8x
Thu, 31 Aug 2023JP¥34.8tJP¥42.0tJP¥1.8t13.5x19.1x0.8x
Sat, 29 Jul 2023JP¥34.8tJP¥42.4tJP¥2.0t12.9x17x0.8x
Mon, 26 Jun 2023JP¥34.0tJP¥42.5tJP¥2.1t12.4x16.2x0.8x
Wed, 24 May 2023JP¥32.8tJP¥42.4tJP¥2.1t12.2x15.7x0.8x
Fri, 21 Apr 2023JP¥31.6tJP¥42.0tJP¥2.5t10.8x12.7x0.8x
Price to Earnings Ratio

12.7x


Total Market Cap: JP¥31.6tTotal Earnings: JP¥2.5tTotal Revenue: JP¥42.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Chemicals Industry Price to Earnings3Y Average 19.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the Japanese Chemicals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 19.5x.
  • The 3-year average PS ratio of 0.89x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 4.0% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

JP Market2.38%
Materials4.47%
Chemicals3.36%
Diversified Chemicals5.51%
Commodity Chemicals3.18%
Specialty Chemicals3.02%
Industrial Gases1.26%
Fertilizers and Agricultural Chemicals-1.15%
Industry PE
  • Investors are most optimistic about the Industrial Gases industry which is trading above its 3-year average PE ratio of 16.9x.
    • Analysts are expecting annual earnings growth of 13.2%, which is higher than its past year's earnings decline of 7.2% per year.
  • Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.3x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings growth rate of 2.0% per year.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 8.5% 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
4004 Resonac HoldingsJP¥13.65k15.8%
+JP¥338.3b		437.4%PE85.3x
4186 Tokyo Ohka KogyoJP¥9.66k24.3%
+JP¥226.7b		223.2%PE34.7x
4063 Shin-Etsu ChemicalJP¥6.66k1.3%
+JP¥155.9b		69.6%PE25.4x
6988 Nitto DenkoJP¥3.24k4.8%
+JP¥99.6b		27.4%PE16.2x
4188 Mitsubishi Chemical GroupJP¥978.606.4%
+JP¥79.6b		48.7%PE55.2x

Latest News

4005
JP¥524.80
Sumitomo Chemical Company
7D
-1.7%
1Y
67.7%
4186
JP¥9,659.00
Tokyo Ohka Kogyo
7D
24.3%
1Y
223.2%

Should You Be Adding Tokyo Ohka Kogyo (TSE:4186) To Your Watchlist Today?

Apr 12
Should You Be Adding Tokyo Ohka Kogyo (TSE:4186) To Your Watchlist Today?
4188
JP¥978.60
Mitsubishi Chemical Group
7D
6.4%
1Y
48.7%

4188: Structural Reform Losses And Profit Cut Will Cap Future Upside

Analysts have maintained their ¥790.0 price target for Mitsubishi Chemical Group, reflecting expectations of slightly softer revenue contraction, a higher projected profit margin of 3.33%, and a lower assumed future P/E of 9.45. What's in the News Mitsubishi Chemical Group revised full year guidance for the year ending March 31, 2026, keeping sales revenue at ¥3,672.0b but cutting operating income guidance from ¥176.0b to ¥70.0b.
3401
JP¥1,650.50
Teijin
7D
-1.7%
1Y
43.3%
4004
JP¥13,650.00
Resonac Holdings
7D
15.8%
1Y
437.4%
4091
JP¥5,927.00
Nippon Sanso Holdings
7D
2.0%
1Y
29.9%

4091: Raised Earnings Guidance And Stable Assumptions Will Support Measured Outlook

Analysts have nudged their price target for Nippon Sanso Holdings to ¥5,562.5 from ¥5,500, reflecting updated assumptions for the discount rate, revenue growth, profit margin, and future P/E. What's in the News Nippon Sanso Holdings raised its revenue guidance for the fiscal year ending March 31, 2026 to ¥1,330,000 million from ¥1,290,000 million, citing currency effects and price management as factors supporting the revision (company guidance).
4966
JP¥24,000.00
C.UyemuraLtd
7D
14.2%
1Y
160.6%
6988
JP¥3,243.00
Nitto Denko
7D
4.8%
1Y
27.4%
4613
JP¥2,447.50
Kansai Paint
7D
-0.7%
1Y
15.6%
4088
JP¥2,256.50
Air Water
7D
-0.8%
1Y
22.8%
4206
JP¥3,577.00
Aica Kogyo Company
7D
-3.2%
1Y
10.1%
4403
JP¥3,217.00
NOF
7D
-2.0%
1Y
59.5%
4063
JP¥6,658.00
Shin-Etsu Chemical
7D
1.3%
1Y
69.6%
4617
JP¥3,250.00
Chugoku Marine Paints
7D
-5.8%
1Y
66.9%
4914
JP¥1,205.00
Takasago International
7D
-2.4%
1Y
-1.4%
4182
JP¥4,248.00
Mitsubishi Gas Chemical Company
7D
8.1%
1Y
97.2%