Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Japanese (NIKKEI) Chemicals Industry Analysis

UpdatedJun 01, 2026
DataAggregated Company Financials
Companies155
  • 7D5.2%
  • 3M6.8%
  • 1Y56.7%
  • YTD32.8%

The Chemicals industry is up 5.2% in the last week, with Shin-Etsu Chemical up 9.8%. This takes the industry's 12 month performance to a gain of 57%. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 01 Jun 2026JP¥53.1tJP¥41.8tJP¥2.2t13.2x24.5x1.3x
Wed, 29 Apr 2026JP¥47.5tJP¥42.0tJP¥2.2t13.9x21.6x1.1x
Fri, 27 Mar 2026JP¥45.3tJP¥42.0tJP¥2.2t13.8x20.6x1.1x
Sun, 22 Feb 2026JP¥47.5tJP¥42.0tJP¥2.2t14.9x21.6x1.1x
Tue, 20 Jan 2026JP¥43.6tJP¥41.8tJP¥2.1t13.3x21x1x
Thu, 18 Dec 2025JP¥39.2tJP¥41.8tJP¥2.1t12.5x18.9x0.9x
Sat, 15 Nov 2025JP¥38.6tJP¥42.0tJP¥2.1t12.7x18.1x0.9x
Mon, 13 Oct 2025JP¥38.3tJP¥42.3tJP¥2.1t12.6x18.6x0.9x
Wed, 10 Sep 2025JP¥37.5tJP¥42.3tJP¥2.1t13x18.2x0.9x
Fri, 08 Aug 2025JP¥36.8tJP¥42.5tJP¥2.1t12.2x17.9x0.9x
Sun, 06 Jul 2025JP¥35.7tJP¥42.7tJP¥2.2t11.1x16.6x0.8x
Tue, 03 Jun 2025JP¥34.2tJP¥42.7tJP¥2.2t10.8x15.8x0.8x
Thu, 01 May 2025JP¥32.8tJP¥42.6tJP¥2.0t10.6x16.4x0.8x
Sat, 29 Mar 2025JP¥34.9tJP¥42.5tJP¥2.0t11.2x17.5x0.8x
Mon, 24 Feb 2025JP¥34.9tJP¥42.5tJP¥2.0t11.4x17.6x0.8x
Wed, 22 Jan 2025JP¥36.1tJP¥42.1tJP¥1.9t12.1x19.4x0.9x
Fri, 20 Dec 2024JP¥36.0tJP¥42.1tJP¥1.9t12x19.4x0.9x
Sun, 17 Nov 2024JP¥37.2tJP¥42.1tJP¥1.9t12x20x0.9x
Tue, 15 Oct 2024JP¥39.2tJP¥41.6tJP¥1.9t12.1x20.5x0.9x
Thu, 12 Sep 2024JP¥35.8tJP¥41.6tJP¥1.9t11.9x18.7x0.9x
Sat, 10 Aug 2024JP¥35.9tJP¥41.3tJP¥1.9t11.3x19x0.9x
Mon, 08 Jul 2024JP¥39.8tJP¥40.8tJP¥1.7t13.1x22.9x1x
Wed, 05 Jun 2024JP¥39.5tJP¥41.2tJP¥1.7t12.9x22.8x1x
Fri, 03 May 2024JP¥39.6tJP¥40.9tJP¥1.7t14x23.4x1x
Sun, 31 Mar 2024JP¥41.2tJP¥41.0tJP¥1.7t14.3x24.5x1x
Tue, 27 Feb 2024JP¥40.5tJP¥41.0tJP¥1.7t14.1x24x1x
Thu, 25 Jan 2024JP¥38.0tJP¥41.4tJP¥1.7t14.1x23x0.9x
Sat, 23 Dec 2023JP¥37.3tJP¥41.4tJP¥1.7t14.1x22.5x0.9x
Mon, 20 Nov 2023JP¥36.8tJP¥41.4tJP¥1.7t13.7x22.2x0.9x
Wed, 18 Oct 2023JP¥34.2tJP¥42.0tJP¥1.8t13.7x18.7x0.8x
Fri, 15 Sep 2023JP¥35.7tJP¥42.0tJP¥1.8t13.6x19.5x0.8x
Sun, 13 Aug 2023JP¥35.0tJP¥42.0tJP¥1.8t13.2x19.2x0.8x
Tue, 11 Jul 2023JP¥34.5tJP¥42.5tJP¥2.1t12.9x16.5x0.8x
Thu, 08 Jun 2023JP¥33.6tJP¥42.4tJP¥2.1t12.2x16x0.8x
Price to Earnings Ratio

16x


Total Market Cap: JP¥33.6tTotal Earnings: JP¥2.1tTotal Revenue: JP¥42.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Chemicals Industry Price to Earnings3Y Average 19.8x202420252026
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 24.5x which is higher than its 3-year average PE of 19.8x.
  • The 3-year average PS ratio of 0.91x is lower than the industry's current PS ratio of 1.3x.
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 Market1.91%
Materials3.90%
Chemicals5.21%
Specialty Chemicals5.86%
Diversified Chemicals5.51%
Commodity Chemicals5.06%
Fertilizers and Agricultural Chemicals1.37%
Industrial Gases0.094%
Industry PE
  • Investors are most optimistic about the Diversified Chemicals industry which is trading above its 3-year average PE ratio of 31.3x.
    • Analysts are expecting annual earnings growth of 27.1%, 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 10.5x.
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 8.9% 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
4063 Shin-Etsu ChemicalJP¥7.79k10.7%
+JP¥1.4t		69.9%PE30.5x
4182 Mitsubishi Gas Chemical CompanyJP¥5.47k4.3%
+JP¥43.8b		148.8%PS1.4x
5301 Tokai CarbonJP¥1.85k13.2%
+JP¥43.7b		82.7%PE20.1x
4043 TokuyamaJP¥5.20k10.7%
+JP¥36.3b		85.0%PE16.8x
5384 FujimiJP¥4.12k9.9%
+JP¥27.4b		122.8%PE33.7x

Latest News

4043
JP¥5,200.00
Tokuyama
7D
10.7%
1Y
85.0%
4186
JP¥10,680.00
Tokyo Ohka Kogyo
7D
-8.1%
1Y
186.8%
4403
JP¥2,682.00
NOF
7D
-7.5%
1Y
5.3%
4078
JP¥5,640.00
Sakai Chemical Industry
7D
38.2%
1Y
116.1%
5384
JP¥4,115.00
Fujimi
7D
9.9%
1Y
122.8%
7966
JP¥5,910.00
LINTEC
7D
6.7%
1Y
108.0%
4063
JP¥7,793.00
Shin-Etsu Chemical
7D
10.7%
1Y
69.9%
4091
JP¥5,972.00
Nippon Sanso Holdings
7D
-5.0%
1Y
15.8%
Narrative Update • May 22

4091: Dividend And Leadership Changes Will Shape A Steady Earnings Outlook

Analysts have nudged their fair value estimate for Nippon Sanso Holdings to ¥5,887.50 from ¥5,650, citing slightly lower discount rate assumptions, a modest adjustment to revenue growth and P/E expectations, and a small uplift in forecast profit margin as key drivers of the change. What's in the News A board meeting on May 13, 2026 is set 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 (Key Developments).
4612
JP¥1,025.00
Nippon Paint Holdings
7D
-2.6%
1Y
-5.5%
Narrative Update • May 20

4612: Share Buybacks Will Support Higher Returns With Stable Profitability Outlook

Analysts have nudged their price target on Nippon Paint Holdings slightly lower, trimming fair value from about ¥1,235 to roughly ¥1,227 as they incorporate updated assumptions for the discount rate, revenue growth, profit margin, and future P/E. What's in the News Nippon Paint Holdings reported that between January 1, 2026 and February 28, 2026, it repurchased 8,512,300 shares for ¥9,093.21 million, representing 0.37% of shares.
4005
JP¥587.50
Sumitomo Chemical Company
7D
-2.6%
1Y
71.4%
Narrative Update • May 19

4005: Planned Equity Issuance And Share Exchange Will Limit Future Upside

Analysts have kept their ¥460.0 price target on Sumitomo Chemical Company unchanged, reflecting updated assumptions around a lower discount rate, slightly positive revenue growth of about 0.09%, a small improvement in profit margin to around 3.52%, and a modestly higher future P/E of roughly 11.63x. What's in the News A board meeting is scheduled for May 13, 2026, with an agenda to consider implementing a share exchange (Key Developments).
5301
JP¥1,852.50
Tokai Carbon
7D
13.2%
1Y
82.7%
4021
JP¥7,460.00
Nissan Chemical
7D
2.2%
1Y
76.9%
4182
JP¥5,468.00
Mitsubishi Gas Chemical Company
7D
4.3%
1Y
148.8%
4004
JP¥18,430.00
Resonac Holdings
7D
-5.2%
1Y
499.7%
Analysis Article • May 15

Earnings Update: Here's Why Analysts Just Lifted Their Resonac Holdings Corporation (TSE:4004) Price Target To JP¥14,243

It's been a good week for Resonac Holdings Corporation ( TSE:4004 ) shareholders, because the company has just released...
4107
JP¥4,100.00
ISE Chemicals
7D
-12.2%
1Y
57.9%
6988
JP¥3,053.00
Nitto Denko
7D
-3.8%
1Y
18.1%
Analysis Article • Apr 29

Nitto Denko Corporation (TSE:6988) Just Released Its Full-Year Results And Analysts Are Updating Their Estimates

It's been a sad week for Nitto Denko Corporation ( TSE:6988 ), who've watched their investment drop 10% to JP¥3,003 in...