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Japanese (NIKKEI) Chemicals Industry Analysis

UpdatedMay 23, 2024
DataAggregated Company Financials
Companies162
  • 7D-1.0%
  • 3M-2.4%
  • 1Y21.1%
  • YTD4.3%

Over the last 7 days, the Chemicals industry has remained flat, although notably Tokyo Ohka Kogyo gained 3.5%. As for the the longer term, the industry is up 21% over the past 12 months. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 23 May 2024JP¥39.0tJP¥41.2tJP¥1.7t13x22.5x0.9x
Sat, 20 Apr 2024JP¥40.5tJP¥41.0tJP¥1.7t14.3x24.1x1x
Mon, 18 Mar 2024JP¥40.6tJP¥41.0tJP¥1.7t14.3x24.1x1x
Wed, 14 Feb 2024JP¥39.0tJP¥41.0tJP¥1.7t13.7x22.6x1x
Fri, 12 Jan 2024JP¥37.7tJP¥41.4tJP¥1.7t14.5x22.8x0.9x
Sun, 10 Dec 2023JP¥35.2tJP¥41.4tJP¥1.7t13.8x21.3x0.9x
Tue, 07 Nov 2023JP¥35.8tJP¥41.5tJP¥1.7t14.5x21x0.9x
Thu, 05 Oct 2023JP¥33.8tJP¥42.0tJP¥1.8t13.2x18.5x0.8x
Sat, 02 Sep 2023JP¥35.3tJP¥42.0tJP¥1.8t13.6x19.4x0.8x
Mon, 31 Jul 2023JP¥34.8tJP¥42.4tJP¥2.1t12.9x16.9x0.8x
Wed, 28 Jun 2023JP¥34.6tJP¥42.5tJP¥2.1t12.5x16.5x0.8x
Fri, 26 May 2023JP¥32.6tJP¥42.4tJP¥2.1t12.1x15.6x0.8x
Sun, 23 Apr 2023JP¥31.7tJP¥42.0tJP¥2.5t10.9x12.7x0.8x
Tue, 21 Mar 2023JP¥30.6tJP¥42.0tJP¥2.5t10.6x12.3x0.7x
Thu, 16 Feb 2023JP¥30.7tJP¥41.9tJP¥2.5t10.7x12.3x0.7x
Sat, 14 Jan 2023JP¥28.1tJP¥40.8tJP¥2.7t9.6x10.2x0.7x
Mon, 12 Dec 2022JP¥29.6tJP¥40.8tJP¥2.7t9.8x10.8x0.7x
Wed, 09 Nov 2022JP¥28.2tJP¥39.7tJP¥2.8t9.7x10.2x0.7x
Fri, 07 Oct 2022JP¥28.9tJP¥39.1tJP¥2.7t9.6x10.6x0.7x
Sun, 04 Sep 2022JP¥29.7tJP¥39.1tJP¥2.7t9.7x10.8x0.8x
Tue, 02 Aug 2022JP¥30.4tJP¥37.9tJP¥2.7t9.8x11.4x0.8x
Thu, 30 Jun 2022JP¥29.1tJP¥37.5tJP¥2.6t9.4x11.4x0.8x
Sat, 28 May 2022JP¥29.9tJP¥37.5tJP¥2.6t9.4x11.7x0.8x
Mon, 25 Apr 2022JP¥30.0tJP¥36.3tJP¥2.4t9.5x12.7x0.8x
Wed, 23 Mar 2022JP¥30.9tJP¥36.2tJP¥2.4t9.6x13.1x0.9x
Fri, 18 Feb 2022JP¥31.1tJP¥36.2tJP¥2.4t10x13.2x0.9x
Sun, 16 Jan 2022JP¥32.3tJP¥34.9tJP¥2.2t10.5x15x0.9x
Tue, 14 Dec 2021JP¥32.9tJP¥34.9tJP¥2.2t10.1x15.3x0.9x
Thu, 11 Nov 2021JP¥33.2tJP¥34.7tJP¥2.1t10.9x15.7x1x
Sat, 09 Oct 2021JP¥32.4tJP¥33.5tJP¥1.7t11.9x18.8x1x
Mon, 06 Sep 2021JP¥34.6tJP¥33.6tJP¥1.7t12.6x20x1x
Wed, 04 Aug 2021JP¥32.5tJP¥33.6tJP¥1.7t12.1x18.9x1x
Price to Earnings Ratio

26x


Total Market Cap: JP¥33.2tTotal Earnings: JP¥1.3tTotal Revenue: JP¥31.8tTotal 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 22.5x 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 11% per year over the last three years.
  • Revenues for these companies have grown 9.0% 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 Market0.049%
Materials-0.83%
Chemicals-0.97%
Specialty Chemicals-0.44%
Commodity Chemicals-0.99%
Industrial Gases-1.50%
Fertilizers and Agricultural Chemicals-2.33%
Diversified Chemicals-2.70%
Industry PE
  • Investors are most optimistic about the Diversified Chemicals industry which is trading above its 3-year average PE ratio of 18.0x.
    • Analysts are expecting annual earnings growth of 19.9%, which is higher than its past year's earnings growth of 11.9% per year.
  • Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading close to its 3-year average of 10.4x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Industrial Gases industry is expected to see its earnings grow by 4.7% 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¥5.95k0.4%
+JP¥44.1b		37.7%PE22.8x
3407 Asahi KaseiJP¥1.05k2.0%
+JP¥28.4b		9.2%PE33.3x
3401 TeijinJP¥1.55k7.9%
+JP¥21.9b		11.3%PE28.2x
3405 KurarayJP¥1.95k3.0%
+JP¥19.1b		45.3%PE11.7x
4183 Mitsui ChemicalsJP¥4.59k1.7%
+JP¥14.6b		29.1%PE17.5x
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3401

JP¥1,550.00

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7D

7.9%

1Y

11.3%

4182

JP¥3,001.00

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7D

-1.8%

1Y

51.9%

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May 21
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4368

JP¥3,975.00

Fuso ChemicalLtd

7D

4.6%

1Y

-1.5%

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May 20
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4183

JP¥4,591.00

Mitsui Chemicals

7D

1.7%

1Y

29.1%

4063

JP¥5,952.00

Shin-Etsu Chemical

7D

0.4%

1Y

37.7%

4612

JP¥1,081.00

Nippon Paint Holdings

7D

-8.6%

1Y

-3.7%

4005

JP¥319.70

Sumitomo Chemical Company

7D

1.3%

1Y

-25.7%

4188

JP¥807.10

Mitsubishi Chemical Group

7D

-1.3%

1Y

-1.7%

4004

JP¥3,560.00

Resonac Holdings

7D

-4.1%

1Y

62.9%

4091

JP¥4,503.00

Nippon Sanso Holdings

7D

-2.6%

1Y

53.1%

3405

JP¥1,947.00

Kuraray

7D

3.0%

1Y

45.3%

4107

JP¥22,470.00

ISE Chemicals

7D

11.7%

1Y

165.6%

4021

JP¥4,517.00

Nissan Chemical

7D

-4.1%

1Y

-25.8%

4046

JP¥8,570.00

Osaka Soda

7D

-6.0%

1Y

106.8%

3407

JP¥1,052.00

Asahi Kasei

7D

2.0%

1Y

9.2%

6988

JP¥12,265.00

Nitto Denko

7D

-0.5%

1Y

22.9%