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Japanese (NIKKEI) Chemicals Industry Analysis

UpdatedAug 05, 2026
DataAggregated Company Financials
Companies153
  • 7D1.5%
  • 3M2.0%
  • 1Y34.9%
  • YTD20.8%

In the last week, the Chemicals industry is up 1.5%, with Shin-Etsu Chemical leading the way, up 8.3%. During this same period, the Asahi Kasei underperformed, falling 11%. This takes the industry's 12 month performance to a gain of 35%. Looking forward, 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
Wed, 05 Aug 2026JP¥48.3tJP¥42.2tJP¥2.2t12.7x21.7x1.1x
Fri, 03 Jul 2026JP¥51.8tJP¥41.8tJP¥2.2t13.2x23.9x1.2x
Sun, 31 May 2026JP¥53.0tJP¥41.8tJP¥2.2t13.2x24.5x1.3x
Tue, 28 Apr 2026JP¥47.1tJP¥42.0tJP¥2.2t13.7x21.4x1.1x
Thu, 26 Mar 2026JP¥45.3tJP¥42.0tJP¥2.2t14x20.6x1.1x
Sat, 21 Feb 2026JP¥47.5tJP¥42.0tJP¥2.2t14.9x21.6x1.1x
Mon, 19 Jan 2026JP¥43.5tJP¥41.8tJP¥2.1t13.2x20.9x1x
Wed, 17 Dec 2025JP¥39.3tJP¥41.8tJP¥2.1t12.4x18.9x0.9x
Fri, 14 Nov 2025JP¥38.5tJP¥42.0tJP¥2.1t12.8x18x0.9x
Sun, 12 Oct 2025JP¥38.3tJP¥42.3tJP¥2.1t12.6x18.6x0.9x
Tue, 09 Sep 2025JP¥37.5tJP¥42.3tJP¥2.1t12.9x18.3x0.9x
Thu, 07 Aug 2025JP¥36.6tJP¥42.5tJP¥2.1t12.1x17.8x0.9x
Sat, 05 Jul 2025JP¥35.7tJP¥42.7tJP¥2.2t11.1x16.6x0.8x
Mon, 02 Jun 2025JP¥34.5tJP¥42.7tJP¥2.2t10.8x16x0.8x
Wed, 30 Apr 2025JP¥32.6tJP¥42.6tJP¥2.0t10.7x16.3x0.8x
Fri, 28 Mar 2025JP¥35.7tJP¥42.5tJP¥2.0t11.4x17.9x0.8x
Sun, 23 Feb 2025JP¥34.9tJP¥42.5tJP¥2.0t11.4x17.6x0.8x
Tue, 21 Jan 2025JP¥35.9tJP¥42.1tJP¥1.9t11.9x19.4x0.9x
Thu, 19 Dec 2024JP¥36.3tJP¥41.5tJP¥1.8t11.9x19.7x0.9x
Sat, 16 Nov 2024JP¥37.2tJP¥42.0tJP¥1.9t12.1x20x0.9x
Mon, 14 Oct 2024JP¥39.2tJP¥41.6tJP¥1.9t12.1x20.5x0.9x
Wed, 11 Sep 2024JP¥36.3tJP¥41.6tJP¥1.9t12x19x0.9x
Fri, 09 Aug 2024JP¥35.8tJP¥41.3tJP¥1.9t11x19x0.9x
Sun, 07 Jul 2024JP¥39.8tJP¥40.8tJP¥1.7t13.3x22.9x1x
Tue, 04 Jun 2024JP¥39.6tJP¥41.2tJP¥1.7t12.9x22.8x1x
Thu, 02 May 2024JP¥39.9tJP¥40.9tJP¥1.7t14x23.5x1x
Sat, 30 Mar 2024JP¥41.3tJP¥41.0tJP¥1.7t14.3x24.5x1x
Mon, 26 Feb 2024JP¥40.1tJP¥41.0tJP¥1.7t14.1x23.8x1x
Wed, 24 Jan 2024JP¥38.2tJP¥41.4tJP¥1.7t14.3x23.1x0.9x
Fri, 22 Dec 2023JP¥36.8tJP¥41.4tJP¥1.7t14.1x22.3x0.9x
Sun, 19 Nov 2023JP¥36.8tJP¥41.4tJP¥1.7t13.8x22.2x0.9x
Tue, 17 Oct 2023JP¥34.2tJP¥42.0tJP¥1.8t13.7x18.7x0.8x
Thu, 14 Sep 2023JP¥35.2tJP¥42.0tJP¥1.8t13.6x19.3x0.8x
Sat, 12 Aug 2023JP¥35.0tJP¥41.9tJP¥1.8t13.2x19.4x0.8x
Price to Earnings Ratio

19.4x


Total Market Cap: JP¥35.0tTotal Earnings: JP¥1.8tTotal Revenue: JP¥41.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Chemicals Industry Price to Earnings3Y Average 20.2x202420252026
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 20.2x.
  • The 3-year average PS ratio of 0.94x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have grown 7.1% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

JP Market0.13%
Materials2.27%
Chemicals1.54%
Diversified Chemicals4.90%
Specialty Chemicals1.97%
Fertilizers and Agricultural Chemicals1.88%
Commodity Chemicals-1.26%
Industrial Gases-1.31%
Industry PE
  • Investors are most optimistic about the Diversified Chemicals industry which is trading above its 3-year average PE ratio of 33.5x.
    • Analysts are expecting annual earnings growth of 21.6%, 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 10.8x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Gases industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 0.08% per year.
  • In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 7.4% 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¥6.16k8.3%
+JP¥879.6b		40.7%PE23.9x
4004 Resonac HoldingsJP¥16.18k32.1%
+JP¥737.0b		346.8%PE85.3x
4182 Mitsubishi Gas Chemical CompanyJP¥4.69k22.8%
+JP¥169.8b		82.1%PS1.2x
4186 Tokyo Ohka KogyoJP¥9.71k16.1%
+JP¥161.7b		130.5%PE31x
4203 Sumitomo BakeliteJP¥7.87k30.6%
+JP¥161.7b		70.7%PE21.9x

Latest News

4203
JP¥7,869.00
Sumitomo Bakelite
7D
30.6%
1Y
70.7%
Analysis Article • 1h

Sumitomo Bakelite Company Limited Beat Revenue Forecasts By 14%: Here's What Analysts Are Forecasting Next

Shareholders will be ecstatic, with their stake up 31% over the past week following Sumitomo Bakelite Company Limited...
4403
JP¥2,667.50
NOF
7D
-5.6%
1Y
-8.7%
4005
JP¥489.40
Sumitomo Chemical Company
7D
-6.4%
1Y
24.8%
4042
JP¥2,652.00
Tosoh
7D
-2.3%
1Y
15.2%
4088
JP¥2,548.00
Air Water
7D
-2.4%
1Y
8.0%
Analysis Article • 23h

Air Water Inc. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

Shareholders might have noticed that Air Water Inc. ( TSE:4088 ) filed its yearly result this time last week. The early...
3407
JP¥1,635.00
Asahi Kasei
7D
-10.7%
1Y
48.4%
4099
JP¥3,140.00
Shikoku Kasei Holdings
7D
38.5%
1Y
198.2%
6988
JP¥3,420.00
Nitto Denko
7D
-3.6%
1Y
6.6%
4966
JP¥25,500.00
C.UyemuraLtd
7D
26.1%
1Y
154.5%
4186
JP¥9,705.00
Tokyo Ohka Kogyo
7D
16.1%
1Y
130.5%
4368
JP¥4,255.00
Fuso ChemicalLtd
7D
28.9%
1Y
196.9%
4004
JP¥16,175.00
Resonac Holdings
7D
32.1%
1Y
346.8%
Narrative Update • Jul 29

4004: Upgraded Semiconductor Outlook Will Likely Overstate Sustainable Margin And Earnings Power

Analysts have lifted their fair value estimate for Resonac Holdings from ¥9,388 to ¥10,455, citing updated assumptions for discount rates, a modestly less severe projected revenue decline, slightly higher profit margins, and an adjusted future P/E outlook. What’s in the News for Resonac Holdings Resonac Holdings plans a board meeting on June 23, 2026 to consider purchasing shares held by untraceable shareholders.
4063
JP¥6,163.00
Shin-Etsu Chemical
7D
8.3%
1Y
40.7%
Analysis Article • Jul 28

Shin-Etsu Chemical Co., Ltd. (TSE:4063) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

It's been a sad week for Shin-Etsu Chemical Co., Ltd. ( TSE:4063 ), who've watched their investment drop 19% to...
4182
JP¥4,691.00
Mitsubishi Gas Chemical Company
7D
22.8%
1Y
82.1%
4612
JP¥1,226.00
Nippon Paint Holdings
7D
-0.9%
1Y
-6.2%
3405
JP¥1,833.00
Kuraray
7D
-3.1%
1Y
-2.0%