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Japanese (NIKKEI) Chemicals Industry Analysis

UpdatedAug 16, 2026
DataAggregated Company Financials
Companies153
  • 7D1.7%
  • 3M2.3%
  • 1Y40.0%
  • YTD28.2%

Over the last 7 days, the Chemicals industry has risen 1.7%, driven by gains from Shin-Etsu Chemical of 4.2%. In the same time, Mitsubishi Gas Chemical Company was down 9.8%. This takes the industry's 12 month performance to a gain of 40%. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Aug 2026JP¥51.2tJP¥43.0tJP¥2.5t12.9x20.7x1.2x
Tue, 14 Jul 2026JP¥50.9tJP¥41.8tJP¥2.2t13.2x23.5x1.2x
Thu, 11 Jun 2026JP¥48.2tJP¥41.8tJP¥2.2t13.3x22.3x1.2x
Sat, 09 May 2026JP¥49.1tJP¥42.0tJP¥2.2t14.1x22.3x1.2x
Mon, 06 Apr 2026JP¥45.2tJP¥42.0tJP¥2.2t13.6x20.5x1.1x
Wed, 04 Mar 2026JP¥48.1tJP¥42.0tJP¥2.2t14.9x21.8x1.1x
Fri, 30 Jan 2026JP¥41.6tJP¥41.8tJP¥2.1t13.1x20x1x
Sun, 28 Dec 2025JP¥40.0tJP¥41.8tJP¥2.1t12.8x19.2x1x
Tue, 25 Nov 2025JP¥37.9tJP¥41.8tJP¥2.1t12.2x18.2x0.9x
Thu, 23 Oct 2025JP¥38.4tJP¥42.3tJP¥2.1t13x18.7x0.9x
Sat, 20 Sep 2025JP¥37.8tJP¥42.3tJP¥2.1t13x18.4x0.9x
Mon, 18 Aug 2025JP¥37.1tJP¥42.4tJP¥2.0t12.5x18.2x0.9x
Wed, 16 Jul 2025JP¥35.8tJP¥42.7tJP¥2.2t11.4x16.6x0.8x
Fri, 13 Jun 2025JP¥34.4tJP¥42.7tJP¥2.2t10.9x16x0.8x
Sun, 11 May 2025JP¥33.7tJP¥42.7tJP¥2.1t10.7x16.3x0.8x
Tue, 08 Apr 2025JP¥28.8tJP¥42.5tJP¥2.0t9.3x14.4x0.7x
Thu, 06 Mar 2025JP¥34.8tJP¥42.5tJP¥2.0t11.4x17.5x0.8x
Sat, 01 Feb 2025JP¥35.6tJP¥42.1tJP¥1.9t12.3x18.9x0.8x
Mon, 30 Dec 2024JP¥37.2tJP¥42.1tJP¥1.9t12.1x20.1x0.9x
Wed, 27 Nov 2024JP¥37.4tJP¥42.1tJP¥1.9t12.3x20.1x0.9x
Fri, 25 Oct 2024JP¥37.5tJP¥41.6tJP¥1.9t11.6x19.6x0.9x
Sun, 22 Sep 2024JP¥37.9tJP¥41.6tJP¥1.9t12.2x19.8x0.9x
Tue, 20 Aug 2024JP¥37.6tJP¥41.5tJP¥1.9t11.9x19.9x0.9x
Thu, 18 Jul 2024JP¥41.2tJP¥40.8tJP¥1.7t13.5x23.7x1x
Sat, 15 Jun 2024JP¥39.8tJP¥41.2tJP¥1.7t13.1x22.9x1x
Mon, 13 May 2024JP¥39.5tJP¥41.0tJP¥1.8t14.4x21.4x1x
Wed, 10 Apr 2024JP¥40.9tJP¥41.0tJP¥1.7t14.3x24.3x1x
Fri, 08 Mar 2024JP¥40.6tJP¥41.0tJP¥1.7t13.9x24.1x1x
Sun, 04 Feb 2024JP¥38.7tJP¥41.2tJP¥1.6t14.1x24.4x0.9x
Tue, 02 Jan 2024JP¥37.8tJP¥41.4tJP¥1.7t14.1x22.8x0.9x
Thu, 30 Nov 2023JP¥36.5tJP¥41.4tJP¥1.7t14x22.1x0.9x
Sat, 28 Oct 2023JP¥33.4tJP¥42.0tJP¥1.8t13.5x18.3x0.8x
Mon, 25 Sep 2023JP¥35.0tJP¥42.0tJP¥1.8t13.6x19.2x0.8x
Wed, 23 Aug 2023JP¥33.8tJP¥42.0tJP¥1.8t13x18.5x0.8x
Price to Earnings Ratio

18.5x


Total Market Cap: JP¥33.8tTotal Earnings: JP¥1.8tTotal Revenue: JP¥42.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Chemicals Industry Price to Earnings3Y Average 20.3x202420252026
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 20.3x.
  • The 3-year average PS ratio of 0.94x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have grown 11% 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 Market2.94%
Materials0.96%
Chemicals1.72%
Specialty Chemicals2.86%
Fertilizers and Agricultural Chemicals1.54%
Industrial Gases1.11%
Commodity Chemicals0.67%
Diversified Chemicals0.36%
Industry PE
  • Investors are most optimistic about the Industrial Gases industry which is trading above its 3-year average PE ratio of 18.1x.
    • Analysts are expecting annual earnings growth of 22.9%, which is higher than its past year's earnings growth of 12.1% 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 23% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 7.9% 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¥6.37k4.2%
+JP¥476.1b		37.7%PE24.7x
4631 DICJP¥5.47k16.8%
+JP¥74.8b		62.9%PE9.2x
4186 Tokyo Ohka KogyoJP¥9.36k6.4%
+JP¥67.2b		103.7%PE28x
4021 Nissan ChemicalJP¥7.98k6.4%
+JP¥64.2b		46.2%PE20.2x
6988 Nitto DenkoJP¥3.58k1.7%
+JP¥39.9b		7.8%PE17.5x

Latest News

4182
JP¥4,019.00
Mitsubishi Gas Chemical Company
7D
-9.8%
1Y
60.9%
4099
JP¥2,780.00
Shikoku Kasei Holdings
7D
-5.9%
1Y
161.8%
4188
JP¥1,208.50
Mitsubishi Chemical Group
7D
-0.9%
1Y
52.3%
Narrative Update • Aug 13

4188: Revised Earnings Outlook And Lower P/E Will Support Fair Value

Analysts have trimmed their price target for Mitsubishi Chemical Group to about ¥1,158 from roughly ¥1,189, reflecting slightly lower revenue growth assumptions, a modestly higher profit margin outlook, and a revised future P/E expectation. What’s in the News for Mitsubishi Chemical Group Mitsubishi Chemical Group raised its consolidated earnings guidance for the first half ending September 30, 2026, with expected sales revenue of ¥2,043.0b and operating income of ¥189.0b.
4971
JP¥7,540.00
MEC
7D
-14.8%
1Y
150.9%
4631
JP¥5,466.00
DIC
7D
16.8%
1Y
62.9%
Analysis Article • Aug 12

DIC Corporation Just Recorded A 7.9% Revenue Beat: Here's What Analysts Think

The investors in DIC Corporation 's ( TSE:4631 ) will be rubbing their hands together with glee today, after the share...
4368
JP¥3,435.00
Fuso ChemicalLtd
7D
-9.8%
1Y
127.7%
Analysis Article • Aug 11

Fuso Chemical Co.,Ltd. Beat Revenue Forecasts By 8.0%: Here's What Analysts Are Forecasting Next

There's been a notable change in appetite for Fuso Chemical Co.,Ltd. ( TSE:4368 ) shares in the week since its...
4612
JP¥1,238.50
Nippon Paint Holdings
7D
-1.7%
1Y
9.3%
Analysis Article • Aug 11

Nippon Paint Holdings Co., Ltd. Just Beat EPS By 50%: Here's What Analysts Think Will Happen Next

Nippon Paint Holdings Co., Ltd. ( TSE:4612 ) defied analyst predictions to release its half-yearly results, which were...
4186
JP¥9,360.00
Tokyo Ohka Kogyo
7D
6.4%
1Y
103.7%
Analysis Article • Aug 09

Tokyo Ohka Kogyo Co., Ltd. (TSE:4186) Just Released Its Half-Year Results And Analysts Are Updating Their Estimates

Tokyo Ohka Kogyo Co., Ltd. ( TSE:4186 ) last week reported its latest interim results, which makes it a good time for...
4966
JP¥20,980.00
C.UyemuraLtd
7D
-5.5%
1Y
113.0%
4021
JP¥7,976.00
Nissan Chemical
7D
6.4%
1Y
46.2%
3405
JP¥1,881.50
Kuraray
7D
-3.7%
1Y
7.6%
4114
JP¥2,674.00
Nippon Shokubai
7D
9.3%
1Y
50.3%
4091
JP¥6,140.00
Nippon Sanso Holdings
7D
1.5%
1Y
8.5%
Narrative Update • Aug 05

4091: Automation And Dividend Policy Will Support Steady Long-Term Outlook

Analysts have increased their fair value estimate for Nippon Sanso Holdings from ¥6,106.25 to ¥6,325.00, citing updated assumptions for discount rate, revenue growth, profit margin, and future P/E. What's in the News Nippon Sanso Holdings and Cold Jet launched a fully automated dry ice production and recovery facility in Köping, Sweden, with capacity of 2.2 tons of dry ice per hour.
4005
JP¥530.50
Sumitomo Chemical Company
7D
4.1%
1Y
32.1%
6988
JP¥3,577.00
Nitto Denko
7D
1.7%
1Y
7.8%
4063
JP¥6,372.00
Shin-Etsu Chemical
7D
4.2%
1Y
37.7%
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...