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Japanese (NIKKEI) Chemicals Industry Analysis

UpdatedApr 01, 2026
DataAggregated Company Financials
Companies155
  • 7D-0.8%
  • 3M10.4%
  • 1Y33.5%
  • YTD9.3%

The Chemicals is pretty flat in the last 7 days, but Shin-Etsu Chemical has stood out, gaining 3.4%. As for the the longer term, the industry is up 34% over the past 12 months. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Apr 2026JP¥43.7tJP¥42.0tJP¥2.2t13.3x19.8x1x
Sat, 28 Feb 2026JP¥49.4tJP¥42.0tJP¥2.2t15.6x22.4x1.2x
Mon, 26 Jan 2026JP¥43.6tJP¥41.8tJP¥2.1t13.5x21x1x
Wed, 24 Dec 2025JP¥40.1tJP¥41.8tJP¥2.1t12.8x19.3x1x
Fri, 21 Nov 2025JP¥37.6tJP¥41.8tJP¥2.1t12.2x18.1x0.9x
Sun, 19 Oct 2025JP¥37.8tJP¥42.3tJP¥2.1t12.8x18.4x0.9x
Tue, 16 Sep 2025JP¥37.6tJP¥42.3tJP¥2.1t13x18.3x0.9x
Thu, 14 Aug 2025JP¥36.9tJP¥42.4tJP¥2.0t12.4x18.1x0.9x
Sat, 12 Jul 2025JP¥35.6tJP¥42.7tJP¥2.2t11.1x16.5x0.8x
Mon, 09 Jun 2025JP¥34.0tJP¥42.7tJP¥2.2t10.8x15.8x0.8x
Wed, 07 May 2025JP¥33.5tJP¥42.6tJP¥2.0t10.8x16.7x0.8x
Fri, 04 Apr 2025JP¥32.8tJP¥42.5tJP¥2.0t10.5x16.3x0.8x
Sun, 02 Mar 2025JP¥34.5tJP¥42.5tJP¥2.0t11.3x17.4x0.8x
Tue, 28 Jan 2025JP¥36.3tJP¥42.1tJP¥1.9t12.3x19.6x0.9x
Thu, 26 Dec 2024JP¥36.4tJP¥42.1tJP¥1.9t12.1x19.6x0.9x
Sat, 23 Nov 2024JP¥37.2tJP¥42.1tJP¥1.9t12.1x20x0.9x
Mon, 21 Oct 2024JP¥38.3tJP¥41.6tJP¥1.9t11.9x20x0.9x
Wed, 18 Sep 2024JP¥36.5tJP¥40.9tJP¥1.9t12x19.4x0.9x
Fri, 16 Aug 2024JP¥37.0tJP¥41.5tJP¥1.9t11.7x19.6x0.9x
Sun, 14 Jul 2024JP¥40.7tJP¥40.8tJP¥1.7t13.2x23.4x1x
Tue, 11 Jun 2024JP¥40.1tJP¥41.2tJP¥1.7t13.1x23.1x1x
Thu, 09 May 2024JP¥39.1tJP¥40.9tJP¥1.7t14.2x23.1x1x
Sat, 06 Apr 2024JP¥40.1tJP¥41.0tJP¥1.7t14.1x23.8x1x
Mon, 04 Mar 2024JP¥40.8tJP¥41.0tJP¥1.7t14x24.3x1x
Wed, 31 Jan 2024JP¥38.3tJP¥41.2tJP¥1.6t14.1x24.3x0.9x
Fri, 29 Dec 2023JP¥37.7tJP¥41.4tJP¥1.7t14x22.8x0.9x
Sun, 26 Nov 2023JP¥36.9tJP¥41.4tJP¥1.7t13.8x22.3x0.9x
Tue, 24 Oct 2023JP¥33.0tJP¥42.0tJP¥1.8t13.2x18.1x0.8x
Thu, 21 Sep 2023JP¥35.4tJP¥42.0tJP¥1.8t13.6x19.4x0.8x
Sat, 19 Aug 2023JP¥33.8tJP¥42.0tJP¥1.8t12.9x18.5x0.8x
Mon, 17 Jul 2023JP¥34.2tJP¥42.5tJP¥2.1t12.7x16.3x0.8x
Wed, 14 Jun 2023JP¥34.5tJP¥42.5tJP¥2.1t12.2x16.5x0.8x
Fri, 12 May 2023JP¥31.9tJP¥42.0tJP¥2.4t11.5x13.2x0.8x
Sun, 09 Apr 2023JP¥30.9tJP¥42.0tJP¥2.5t10.7x12.4x0.7x
Price to Earnings Ratio

12.4x


Total Market Cap: JP¥30.9tTotal Earnings: JP¥2.5tTotal Revenue: JP¥42.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Chemicals Industry Price to Earnings3Y Average 19.4x202420252026
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 19.4x.
  • The 3-year average PS ratio of 0.89x is lower than the industry's current PS ratio of 1.0x.
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 Market-1.74%
Materials-1.55%
Chemicals-0.83%
Fertilizers and Agricultural Chemicals1.27%
Specialty Chemicals0.079%
Commodity Chemicals-0.33%
Diversified Chemicals-2.91%
Industrial Gases-4.18%
Industry PE
  • Investors are most optimistic about the Industrial Gases industry which is trading above its 3-year average PE ratio of 16.8x.
    • Analysts are expecting annual earnings growth of 10.1%, 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 10.2x.
Forecasted Growth
  • Analysts are most optimistic on the Fertilizers and Agricultural Chemicals industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 8.4% 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¥6.51k3.4%
+JP¥391.6b		53.9%PE24.8x
4005 Sumitomo Chemical CompanyJP¥534.207.9%
+JP¥63.7b		50.0%PE9x
3402 Toray IndustriesJP¥1.15k3.6%
+JP¥59.0b		11.4%PE39.1x
3407 Asahi KaseiJP¥1.59k2.1%
+JP¥44.8b		53.2%PE13.7x
4061 DenkaJP¥3.77k9.3%
+JP¥27.7b		81.2%PS0.8x

Latest News

4626
JP¥4,700.00
Taiyo Holdings
7D
-10.3%
1Y
91.3%
4966
JP¥20,900.00
C.UyemuraLtd
7D
-9.0%
1Y
116.6%
3401
JP¥1,691.00
Teijin
7D
5.9%
1Y
29.5%

3401: Stable Assumptions Will Still Signal Weak Earnings And Overvaluation

Analysts have kept their ¥1,328 price target for Teijin unchanged, citing only minor model adjustments to discount rate, revenue growth, profit margin and future P/E assumptions that do not materially alter their view on the shares. Valuation Changes Fair Value: Modelled fair value remains unchanged at ¥1,328.
4005
JP¥534.20
Sumitomo Chemical Company
7D
7.9%
1Y
50.0%

4005: Recycling Rollout And Higher Dividend Will Support Future Upside

Analysts have raised their price target for Sumitomo Chemical Company to ¥806.78 from ¥758.97, reflecting updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Board meeting scheduled for March 2, 2026, to consider filing a shelf registration statement for the issuance of new shares.
6988
JP¥3,183.00
Nitto Denko
7D
-0.8%
1Y
15.8%
4186
JP¥7,839.00
Tokyo Ohka Kogyo
7D
-7.2%
1Y
148.1%
4202
JP¥1,255.50
Daicel
7D
-7.5%
1Y
-2.9%
4061
JP¥3,774.00
Denka
7D
9.3%
1Y
81.2%
3402
JP¥1,151.50
Toray Industries
7D
3.6%
1Y
11.4%
3407
JP¥1,590.50
Asahi Kasei
7D
2.1%
1Y
53.2%
4403
JP¥3,186.00
NOF
7D
2.8%
1Y
58.4%
4063
JP¥6,505.00
Shin-Etsu Chemical
7D
3.4%
1Y
53.9%
4617
JP¥3,425.00
Chugoku Marine Paints
7D
-6.9%
1Y
64.0%
4091
JP¥5,742.00
Nippon Sanso Holdings
7D
-3.6%
1Y
24.8%

4091: Higher Earnings Guidance And Stable Assumptions Will Support Profitability Outlook

Analysts have kept their price target for Nippon Sanso Holdings steady at ¥5,500, citing only slight tweaks in discount rate, revenue growth, profit margin and future P/E assumptions as the basis for this unchanged view. What's in the News Nippon Sanso Holdings raised revenue guidance for the fiscal year ending March 31, 2026 to ¥1,330,000 million from ¥1,290,000 million, with management citing the weaker JPY against major currencies and price management as key drivers (Company guidance).
4182
JP¥3,869.00
Mitsubishi Gas Chemical Company
7D
-4.4%
1Y
65.9%
3405
JP¥1,693.50
Kuraray
7D
4.6%
1Y
-7.4%