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Japanese (NIKKEI) Chemicals Industry Analysis

UpdatedJun 23, 2024
DataAggregated Company Financials
Companies162
  • 7D-0.3%
  • 3M-5.0%
  • 1Y18.2%
  • YTD6.1%

Last week, the Chemicals industry hasn't moved much but Mitsubishi Chemical Group is up 5.7% in that time. The past year has been better, since the industry has gained 18% in that time. 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
Sun, 23 Jun 2024JP¥39.6tJP¥41.2tJP¥1.7t13x22.8x1x
Tue, 21 May 2024JP¥40.0tJP¥41.2tJP¥1.7t13.2x23.1x1x
Thu, 18 Apr 2024JP¥40.2tJP¥41.0tJP¥1.7t14.1x23.9x1x
Sat, 16 Mar 2024JP¥40.6tJP¥41.0tJP¥1.7t14.3x24.1x1x
Mon, 12 Feb 2024JP¥38.2tJP¥41.0tJP¥1.7t13.6x22.2x0.9x
Wed, 10 Jan 2024JP¥37.4tJP¥41.4tJP¥1.7t14.6x22.6x0.9x
Fri, 08 Dec 2023JP¥35.9tJP¥41.4tJP¥1.7t13.9x21.7x0.9x
Sun, 05 Nov 2023JP¥35.1tJP¥41.5tJP¥1.7t13.9x20.7x0.8x
Tue, 03 Oct 2023JP¥33.8tJP¥42.0tJP¥1.8t13.5x18.5x0.8x
Thu, 31 Aug 2023JP¥34.8tJP¥42.0tJP¥1.8t13.5x19.1x0.8x
Sat, 29 Jul 2023JP¥34.8tJP¥42.4tJP¥2.0t12.9x17x0.8x
Mon, 26 Jun 2023JP¥34.0tJP¥42.5tJP¥2.1t12.4x16.2x0.8x
Wed, 24 May 2023JP¥32.8tJP¥42.4tJP¥2.1t12.2x15.7x0.8x
Fri, 21 Apr 2023JP¥31.6tJP¥42.0tJP¥2.5t10.8x12.7x0.8x
Sun, 19 Mar 2023JP¥31.0tJP¥42.0tJP¥2.5t10.7x12.4x0.7x
Tue, 14 Feb 2023JP¥30.2tJP¥41.8tJP¥2.5t10.6x12.2x0.7x
Thu, 12 Jan 2023JP¥28.4tJP¥40.8tJP¥2.7t9.6x10.3x0.7x
Sat, 10 Dec 2022JP¥29.6tJP¥40.8tJP¥2.7t9.8x10.8x0.7x
Mon, 07 Nov 2022JP¥27.8tJP¥39.7tJP¥2.8t9.4x10x0.7x
Wed, 05 Oct 2022JP¥28.5tJP¥39.1tJP¥2.7t9.6x10.4x0.7x
Fri, 02 Sep 2022JP¥29.7tJP¥39.1tJP¥2.7t9.7x10.8x0.8x
Sun, 31 Jul 2022JP¥29.7tJP¥37.8tJP¥2.7t9.6x11.2x0.8x
Tue, 28 Jun 2022JP¥29.4tJP¥37.5tJP¥2.6t9.7x11.5x0.8x
Thu, 26 May 2022JP¥29.9tJP¥37.5tJP¥2.6t9.5x11.7x0.8x
Sat, 23 Apr 2022JP¥30.0tJP¥36.3tJP¥2.4t9.5x12.7x0.8x
Mon, 21 Mar 2022JP¥30.7tJP¥36.2tJP¥2.4t9.8x13x0.8x
Wed, 16 Feb 2022JP¥30.6tJP¥36.1tJP¥2.3t9.9x13.1x0.8x
Fri, 14 Jan 2022JP¥32.9tJP¥34.9tJP¥2.2t10.6x15.3x0.9x
Sun, 12 Dec 2021JP¥32.7tJP¥34.9tJP¥2.2t10.1x15.2x0.9x
Tue, 09 Nov 2021JP¥33.7tJP¥34.5tJP¥2.0t11.1x16.5x1x
Thu, 07 Oct 2021JP¥32.2tJP¥33.5tJP¥1.7t11.8x18.7x1x
Sat, 04 Sep 2021JP¥34.3tJP¥33.6tJP¥1.7t12.5x19.9x1x
Mon, 02 Aug 2021JP¥33.1tJP¥33.6tJP¥1.7t12.2x19.2x1x
Price to Earnings Ratio

19.2x


Total Market Cap: JP¥33.0tTotal Earnings: JP¥1.7tTotal Revenue: JP¥33.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Chemicals Industry Price to Earnings3Y Average 16.2x202220232024
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 22.8x which is higher than its 3-year average PE of 16.2x.
  • 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 remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 7.0% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

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

JP Market-0.62%
Materials-0.25%
Chemicals-0.33%
Diversified Chemicals2.38%
Fertilizers and Agricultural Chemicals0.92%
Specialty Chemicals-0.34%
Industrial Gases-1.28%
Commodity Chemicals-1.79%
Industry PE
  • Investors are most optimistic about the Diversified Chemicals industry which is trading above its 3-year average PE ratio of 19.0x.
    • Analysts are expecting annual earnings growth of 18.2%, 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 10.3x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 18% 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 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
4188 Mitsubishi Chemical GroupJP¥861.505.7%
+JP¥65.7b		4.3%PE10.2x
6988 Nitto DenkoJP¥12.85k3.6%
+JP¥62.5b		21.6%PE17.6x
4021 Nissan ChemicalJP¥4.88k7.9%
+JP¥49.6b		-20.1%PE17.7x
4403 NOFJP¥2.12k4.2%
+JP¥20.5b		5.5%PE14.9x
4202 DaicelJP¥1.56k2.8%
+JP¥11.7b		22.5%PE7.7x
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Latest News

6988

JP¥12,845.00

Nitto Denko

7D

3.6%

1Y

21.6%

Nitto Denko's (TSE:6988) Returns Have Hit A Wall

Jun 22
Nitto Denko's (TSE:6988) Returns Have Hit A Wall

4613

JP¥2,550.50

Kansai Paint

7D

-3.6%

1Y

17.9%

A Look At The Fair Value Of Kansai Paint Co., Ltd. (TSE:4613)

Jun 21
A Look At The Fair Value Of Kansai Paint Co., Ltd. (TSE:4613)

4403

JP¥2,124.00

NOF

7D

4.2%

1Y

5.5%

Is NOF Corporation (TSE:4403) Trading At A 39% Discount?

Jun 20
Is NOF Corporation (TSE:4403) Trading At A 39% Discount?

4107

JP¥19,730.00

ISE Chemicals

7D

-50.1%

1Y

155.6%

4966

JP¥10,460.00

C.UyemuraLtd

7D

5.8%

1Y

30.8%

5384

JP¥3,045.00

Fujimi

7D

5.2%

1Y

-4.1%

Is Fujimi Incorporated (TSE:5384) Trading At A 44% Discount?

Jun 18
Is Fujimi Incorporated (TSE:5384) Trading At A 44% Discount?

4202

JP¥1,558.00

Daicel

7D

2.8%

1Y

22.5%

4063

JP¥6,077.00

Shin-Etsu Chemical

7D

-1.1%

1Y

33.1%

3407

JP¥996.00

Asahi Kasei

7D

-1.3%

1Y

4.4%

3402

JP¥743.70

Toray Industries

7D

0.8%

1Y

-4.6%

Toray Industries, Inc.'s (TSE:3402) P/E Is On The Mark

Jun 14
Toray Industries, Inc.'s (TSE:3402) P/E Is On The Mark

4188

JP¥861.50

Mitsubishi Chemical Group

7D

5.7%

1Y

4.3%

Is Mitsubishi Chemical Group Corporation (TSE:4188) Trading At A 40% Discount?

Jun 11
Is Mitsubishi Chemical Group Corporation (TSE:4188) Trading At A 40% Discount?

3401

JP¥1,364.00

Teijin

7D

-4.5%

1Y

-1.7%

A Look At The Fair Value Of Teijin Limited (TSE:3401)

Jun 10
A Look At The Fair Value Of Teijin Limited (TSE:3401)

4091

JP¥4,620.00

Nippon Sanso Holdings

7D

-1.8%

1Y

49.0%

These 4 Measures Indicate That Nippon Sanso Holdings (TSE:4091) Is Using Debt Reasonably Well

Jun 04
These 4 Measures Indicate That Nippon Sanso Holdings (TSE:4091) Is Using Debt Reasonably Well

3405

JP¥1,811.00

Kuraray

7D

-2.4%

1Y

30.3%

Kuraray (TSE:3405) Hasn't Managed To Accelerate Its Returns

May 28
Kuraray (TSE:3405) Hasn't Managed To Accelerate Its Returns

4004

JP¥3,451.00

Resonac Holdings

7D

-3.7%

1Y

54.8%

4021

JP¥4,884.00

Nissan Chemical

7D

7.9%

1Y

-20.1%