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Japanese (NIKKEI) Chemicals Industry Analysis

UpdatedFeb 29, 2024
DataAggregated Company Financials
Companies162
  • 7D2.4%
  • 3M11.0%
  • 1Y31.5%
  • YTD7.7%

In the last week, the Chemicals industry is up 2.2%, with Shin-Etsu Chemical up 4.9%. In the last 12 months, the industry was up 32%. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Mar 2024JP¥40.4tJP¥41.0tJP¥1.7t14.1x24x1x
Sun, 28 Jan 2024JP¥37.9tJP¥41.2tJP¥1.6t14.1x24x0.9x
Tue, 26 Dec 2023JP¥37.1tJP¥41.4tJP¥1.7t13.9x22.4x0.9x
Thu, 23 Nov 2023JP¥36.7tJP¥41.4tJP¥1.7t13.7x22.2x0.9x
Sat, 21 Oct 2023JP¥33.3tJP¥42.0tJP¥1.8t13.3x18.2x0.8x
Mon, 18 Sep 2023JP¥35.8tJP¥42.0tJP¥1.8t13.7x19.6x0.9x
Wed, 16 Aug 2023JP¥34.5tJP¥42.0tJP¥1.8t13x18.9x0.8x
Fri, 14 Jul 2023JP¥34.3tJP¥42.5tJP¥2.1t12.7x16.4x0.8x
Sun, 11 Jun 2023JP¥33.7tJP¥42.4tJP¥2.1t12.3x16.1x0.8x
Tue, 09 May 2023JP¥31.8tJP¥42.0tJP¥2.4t11.2x13.1x0.8x
Thu, 06 Apr 2023JP¥31.9tJP¥42.0tJP¥2.5t10.6x12.8x0.8x
Sat, 04 Mar 2023JP¥31.6tJP¥42.0tJP¥2.5t11x12.7x0.8x
Mon, 30 Jan 2023JP¥29.9tJP¥41.1tJP¥2.8t9.7x10.7x0.7x
Wed, 28 Dec 2022JP¥28.2tJP¥40.8tJP¥2.7t9.5x10.3x0.7x
Fri, 25 Nov 2022JP¥30.3tJP¥40.8tJP¥2.7t10x11x0.7x
Sun, 23 Oct 2022JP¥27.6tJP¥39.1tJP¥2.7t9.3x10.1x0.7x
Tue, 20 Sep 2022JP¥29.5tJP¥39.1tJP¥2.7t9.6x10.7x0.8x
Thu, 18 Aug 2022JP¥31.1tJP¥39.1tJP¥2.7t9.8x11.4x0.8x
Sat, 16 Jul 2022JP¥28.7tJP¥37.5tJP¥2.6t9.4x11.2x0.8x
Mon, 13 Jun 2022JP¥31.2tJP¥37.5tJP¥2.6t9.9x12.2x0.8x
Wed, 11 May 2022JP¥30.3tJP¥36.6tJP¥2.5t9.5x12.1x0.8x
Fri, 08 Apr 2022JP¥29.8tJP¥36.2tJP¥2.4t9.3x12.6x0.8x
Sun, 06 Mar 2022JP¥29.1tJP¥36.2tJP¥2.4t9.6x12.4x0.8x
Tue, 01 Feb 2022JP¥31.3tJP¥35.1tJP¥2.2t10.3x14.1x0.9x
Thu, 30 Dec 2021JP¥32.9tJP¥34.9tJP¥2.2t10.2x15.3x0.9x
Sat, 27 Nov 2021JP¥32.5tJP¥34.9tJP¥2.2t10.2x15.1x0.9x
Mon, 25 Oct 2021JP¥33.2tJP¥33.5tJP¥1.7t11.9x19.2x1x
Wed, 22 Sep 2021JP¥35.5tJP¥33.5tJP¥1.7t12.8x20.6x1.1x
Fri, 20 Aug 2021JP¥31.8tJP¥33.6tJP¥1.7t11.7x18.5x0.9x
Fri, 04 Jun 2021JP¥33.2tJP¥31.8tJP¥1.3t13.3x26x1x
Mon, 08 Mar 2021JP¥31.6tJP¥31.1tJP¥1.1t15.9x28.9x1x
Price to Earnings Ratio

28.9x


Total Market Cap: JP¥31.6tTotal Earnings: JP¥1.1tTotal Revenue: JP¥31.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Chemicals Industry Price to Earnings3Y Average 16.3x202220232024
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 24.0x which is higher than its 3-year average PE of 16.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 9.6% 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 industry?

JP Market1.81%
Materials2.48%
Chemicals2.43%
Industrial Gases4.37%
Specialty Chemicals3.15%
Fertilizers and Agricultural Chemicals2.63%
Commodity Chemicals1.24%
Diversified Chemicals0.42%
Industry PE
  • Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio of 16.4x.
    • Analysts are expecting annual earnings growth of 25.0%, which is higher than its past year's earnings growth of 4.1% per year.
  • Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading below its 3-year average of 10.8x.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 25% over the next 5 years.
  • This is better than its past earnings growth rate of 4.1% per year.
  • In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 4.2% 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
4063 Shin-Etsu ChemicalJP¥6.39k1.2%
+JP¥155.6b
67.3%PE23.8x
4091 Nippon Sanso HoldingsJP¥4.34k2.7%
+JP¥48.9b
77.6%PE20x
4186 Tokyo Ohka KogyoJP¥4.61k5.3%
+JP¥28.1b
87.8%PE43.9x
5384 FujimiJP¥3.76k6.2%
+JP¥16.3b
73.8%PE40.6x
4004 Resonac HoldingsJP¥3.62k1.7%
+JP¥11.0b
60.0%PS0.5x
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4099

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6.6%

1Y

45.0%

4613

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7D

-3.6%

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4612

JP¥1,110.50

Nippon Paint Holdings

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-1.8%

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-8.5%

4401

JP¥3,084.00

Adeka

7D

1.9%

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38.2%

4004

JP¥3,615.00

Resonac Holdings

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1.7%

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60.0%

4182

JP¥2,440.00

Mitsubishi Gas Chemical Company

7D

-5.4%

1Y

23.2%

3407

JP¥1,041.50

Asahi Kasei

7D

-0.6%

1Y

9.6%

4005

JP¥303.80

Sumitomo Chemical Company

7D

-2.9%

1Y

-36.2%

4063

JP¥6,387.00

Shin-Etsu Chemical

7D

1.2%

1Y

67.3%