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Japanese (NIKKEI) Chemicals Industry Analysis

UpdatedJun 08, 2026
DataAggregated Company Financials
Companies155
  • 7D-3.7%
  • 3M14.7%
  • 1Y52.9%
  • YTD27.9%

Over the last 7 days, the Chemicals industry has dropped 3.7%, driven by a pullback from Shin-Etsu Chemical of 13%. On the other hand Nihon Parkerizing is actually up 19%. This takes the industry's 12 month performance to a gain of 53%. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 08 Jun 2026JP¥51.1tJP¥41.8tJP¥2.2t13.6x23.6x1.2x
Wed, 06 May 2026JP¥47.2tJP¥42.0tJP¥2.2t13.7x21.5x1.1x
Fri, 03 Apr 2026JP¥44.7tJP¥42.0tJP¥2.2t13.5x20.3x1.1x
Sun, 01 Mar 2026JP¥49.4tJP¥42.0tJP¥2.2t15.6x22.4x1.2x
Tue, 27 Jan 2026JP¥42.7tJP¥41.8tJP¥2.1t13.1x20.5x1x
Thu, 25 Dec 2025JP¥40.1tJP¥41.8tJP¥2.1t12.8x19.3x1x
Sat, 22 Nov 2025JP¥37.9tJP¥41.8tJP¥2.1t12.3x18.2x0.9x
Mon, 20 Oct 2025JP¥37.8tJP¥42.3tJP¥2.1t12.8x18.4x0.9x
Wed, 17 Sep 2025JP¥37.9tJP¥42.3tJP¥2.1t12.9x18.5x0.9x
Fri, 15 Aug 2025JP¥36.7tJP¥42.4tJP¥2.0t12.3x18x0.9x
Sun, 13 Jul 2025JP¥35.9tJP¥42.7tJP¥2.2t11.2x16.6x0.8x
Tue, 10 Jun 2025JP¥34.2tJP¥42.7tJP¥2.2t10.8x15.9x0.8x
Thu, 08 May 2025JP¥33.1tJP¥42.6tJP¥2.0t10.8x16.5x0.8x
Sat, 05 Apr 2025JP¥31.3tJP¥42.5tJP¥2.0t10x15.6x0.7x
Mon, 03 Mar 2025JP¥34.5tJP¥42.5tJP¥2.0t11.3x17.4x0.8x
Wed, 29 Jan 2025JP¥36.0tJP¥42.1tJP¥1.8t12.2x19.5x0.9x
Fri, 27 Dec 2024JP¥36.4tJP¥42.1tJP¥1.9t12.2x19.6x0.9x
Sun, 24 Nov 2024JP¥37.2tJP¥42.1tJP¥1.9t12.1x20x0.9x
Tue, 22 Oct 2024JP¥38.2tJP¥41.6tJP¥1.9t11.8x19.9x0.9x
Thu, 19 Sep 2024JP¥36.5tJP¥40.9tJP¥1.9t12x19.4x0.9x
Sat, 17 Aug 2024JP¥38.3tJP¥41.5tJP¥1.9t12.1x20.2x0.9x
Mon, 15 Jul 2024JP¥40.7tJP¥40.8tJP¥1.7t13.2x23.4x1x
Wed, 12 Jun 2024JP¥40.0tJP¥41.2tJP¥1.7t13x23.1x1x
Fri, 10 May 2024JP¥39.5tJP¥40.9tJP¥1.7t14.2x23.3x1x
Sun, 07 Apr 2024JP¥40.1tJP¥41.0tJP¥1.7t14.1x23.8x1x
Tue, 05 Mar 2024JP¥41.0tJP¥41.0tJP¥1.7t14x24.4x1x
Thu, 01 Feb 2024JP¥38.6tJP¥41.2tJP¥1.6t14.3x24.5x0.9x
Sat, 30 Dec 2023JP¥37.8tJP¥41.4tJP¥1.7t14.1x22.8x0.9x
Mon, 27 Nov 2023JP¥36.9tJP¥41.4tJP¥1.7t13.8x22.3x0.9x
Wed, 25 Oct 2023JP¥33.1tJP¥42.0tJP¥1.8t13.3x18.2x0.8x
Fri, 22 Sep 2023JP¥35.3tJP¥42.0tJP¥1.8t13.6x19.3x0.8x
Sun, 20 Aug 2023JP¥33.8tJP¥42.0tJP¥1.8t12.9x18.5x0.8x
Tue, 18 Jul 2023JP¥34.2tJP¥42.5tJP¥2.1t12.7x16.3x0.8x
Thu, 15 Jun 2023JP¥35.1tJP¥42.5tJP¥2.1t12.4x16.8x0.8x
Price to Earnings Ratio

16.8x


Total Market Cap: JP¥35.1tTotal Earnings: JP¥2.1tTotal Revenue: JP¥42.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Chemicals Industry Price to Earnings3Y Average 19.9x202420252026
Current Industry PE
  • Investors are optimistic on the Japanese Chemicals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.6x which is higher than its 3-year average PE of 19.9x.
  • The 3-year average PS ratio of 0.91x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Chemicals industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

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

JP Market-0.18%
Materials-3.98%
Chemicals-3.68%
Fertilizers and Agricultural Chemicals0.58%
Commodity Chemicals-1.34%
Specialty Chemicals-3.62%
Diversified Chemicals-4.93%
Industrial Gases-8.68%
Industry PE
  • Investors are most optimistic about the Diversified Chemicals industry which is trading above its 3-year average PE ratio of 31.5x.
    • Analysts are expecting annual earnings growth of 27.4%, which is higher than its past year's earnings growth of 11.1% 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 10.6x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 9.2% 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
4095 Nihon ParkerizingJP¥1.73k18.0%
+JP¥28.5b		37.8%PE14.4x
4042 TosohJP¥2.73k3.1%
+JP¥25.4b		31.7%PE20.2x
4047 Kanto Denka KogyoJP¥3.91k10.3%
+JP¥20.9b		364.3%PE59.2x
4109 Stella ChemifaJP¥7.81k10.9%
+JP¥9.4b		111.1%PE31.2x
3405 KurarayJP¥1.63k1.4%
+JP¥6.8b		-9.2%PE150.7x

Latest News

4091
JP¥5,434.00
Nippon Sanso Holdings
7D
-9.0%
1Y
2.9%
Narrative Update • Jun 07

4091: Dividend Increases And New Leadership Will Support A Balanced Outlook

Analysts have nudged their price target for Nippon Sanso Holdings higher from ¥5,887.50 to ¥6,056.25, citing updated fair value work that reflects slightly adjusted assumptions for the discount rate, revenue growth, profit margin, and future P/E. What's in the News A board meeting is scheduled for May 13, 2026 to consider submitting a proposal for a new performance-linked stock-based remuneration plan, the Board Benefit Trust, to the 22nd Ordinary General Meeting of Shareholders on June 17, 2026.
4186
JP¥9,700.00
Tokyo Ohka Kogyo
7D
-9.2%
1Y
157.8%
4025
JP¥5,390.00
Taki Chemical
7D
8.2%
1Y
88.1%
4095
JP¥1,727.00
Nihon Parkerizing
7D
18.0%
1Y
37.8%
4042
JP¥2,727.50
Tosoh
7D
3.1%
1Y
31.7%
4612
JP¥962.50
Nippon Paint Holdings
7D
-6.1%
1Y
-15.7%
Narrative Update • Jun 03

4612: Fair Outlook Will Balance Lower Revenue Assumptions And Refined Profit Expectations

Analysts have nudged their price target on Nippon Paint Holdings up by ¥30 to ¥1,080. They point to updated assumptions for revenue growth, profit margins, discount rate and future P/E as the key drivers of this change.
4063
JP¥6,863.00
Shin-Etsu Chemical
7D
-11.9%
1Y
51.4%
4004
JP¥15,970.00
Resonac Holdings
7D
-13.3%
1Y
398.4%
Narrative Update • Jun 02

4004: Semiconductor Demand Assumptions Will Drive Overly Optimistic Earnings Expectations

Analysts have raised their price target for Resonac Holdings from ¥13,293 to ¥15,085, citing updated assumptions for revenue growth, profit margins, discount rate, and future P/E, which together support a higher estimated fair value. What's in the News Resonac Holdings revised consolidated earnings guidance for the first half ending June 30, 2026, with expected revenue of ¥660,000 million, compared with previous guidance of ¥615,000 million.
4188
JP¥1,033.50
Mitsubishi Chemical Group
7D
-5.3%
1Y
37.6%
Narrative Update • Jun 01

4188: FY26 Reforms And Investments Will Restrain Returns Despite Portfolio Shift

Analysts have maintained their ¥790 price target for Mitsubishi Chemical Group, citing updated assumptions that include a lower discount rate, a shift from a prior revenue decline to modest growth, slightly higher profit margins, and a marginally lower future P/E estimate. What's in the News Mitsubishi Chemical Group outlined its FY26 strategy, highlighting priorities in specialty materials, semiconductors, and composites, with an emphasis on infrastructure development.
3405
JP¥1,632.50
Kuraray
7D
1.4%
1Y
-9.2%
4047
JP¥3,905.00
Kanto Denka Kogyo
7D
10.3%
1Y
364.3%
3402
JP¥1,094.50
Toray Industries
7D
-3.9%
1Y
12.1%
Narrative Update • May 26

3402: Share Buybacks And 2028 Profitability Plan Will Support Future Upside

Analysts have adjusted their price target on Toray Industries to ¥1,279.55, reflecting updated assumptions that include a slightly lower discount rate, a higher expected revenue growth rate, a modestly reduced profit margin, and a lower future P/E multiple. What's in the News Toray Industries updated earning guidance for the 2028 financial year, planning revenue of ¥3t compared with a prior plan of ¥2.6t, and Core Operating Income of ¥230b compared with ¥150b, with a focus on both growth and Profitability Improvement (company guidance).
6036
JP¥2,808.00
KeePer Technical Laboratory
7D
6.2%
1Y
-25.9%
4992
JP¥1,889.00
Hokko Chemical Industry
7D
9.1%
1Y
41.9%
4182
JP¥4,675.00
Mitsubishi Gas Chemical Company
7D
-14.5%
1Y
115.4%
4109
JP¥7,810.00
Stella Chemifa
7D
10.9%
1Y
111.1%