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Japanese (NIKKEI) Chemicals Industry Analysis

UpdatedJul 30, 2024
DataAggregated Company Financials
Companies160
  • 7D0.3%
  • 3M2.6%
  • 1Y17.5%
  • YTD10.2%

Over the last 7 days, the Chemicals industry has dropped 5.4%, driven by a pullback from Nippon Sanso Holdings of 6.1%. In the past year, the industry has gained 15%. 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
Tue, 30 Jul 2024JP¥40.2tJP¥40.9tJP¥1.8t12.9x22.9x1x
Thu, 27 Jun 2024JP¥39.5tJP¥40.8tJP¥1.7t13.1x22.7x1x
Sat, 25 May 2024JP¥39.1tJP¥41.2tJP¥1.7t13.2x22.6x0.9x
Mon, 22 Apr 2024JP¥39.3tJP¥41.0tJP¥1.7t14x23.4x1x
Wed, 20 Mar 2024JP¥41.7tJP¥41.0tJP¥1.7t14.5x24.8x1x
Fri, 16 Feb 2024JP¥39.0tJP¥40.9tJP¥1.7t13.6x23.2x1x
Sun, 14 Jan 2024JP¥38.1tJP¥41.4tJP¥1.7t14.5x23.1x0.9x
Tue, 12 Dec 2023JP¥35.4tJP¥41.4tJP¥1.7t14.1x21.4x0.9x
Thu, 09 Nov 2023JP¥35.0tJP¥41.5tJP¥1.7t13.7x20.7x0.8x
Sat, 07 Oct 2023JP¥33.2tJP¥42.0tJP¥1.8t13.4x18.2x0.8x
Mon, 04 Sep 2023JP¥35.3tJP¥42.0tJP¥1.8t13.6x19.4x0.8x
Wed, 02 Aug 2023JP¥35.6tJP¥42.4tJP¥2.1t13.1x17.3x0.8x
Fri, 30 Jun 2023JP¥35.2tJP¥42.5tJP¥2.1t12.9x16.8x0.8x
Sun, 28 May 2023JP¥32.7tJP¥42.4tJP¥2.1t12.3x15.6x0.8x
Tue, 25 Apr 2023JP¥31.6tJP¥42.0tJP¥2.5t11x12.7x0.8x
Thu, 23 Mar 2023JP¥31.1tJP¥42.0tJP¥2.5t10.5x12.5x0.7x
Sat, 18 Feb 2023JP¥30.9tJP¥41.9tJP¥2.5t10.7x12.4x0.7x
Mon, 16 Jan 2023JP¥28.1tJP¥40.8tJP¥2.7t9.6x10.2x0.7x
Wed, 14 Dec 2022JP¥29.5tJP¥40.8tJP¥2.7t9.8x10.8x0.7x
Fri, 11 Nov 2022JP¥28.3tJP¥40.3tJP¥2.7t9.6x10.3x0.7x
Sun, 09 Oct 2022JP¥28.6tJP¥39.1tJP¥2.7t9.6x10.4x0.7x
Tue, 06 Sep 2022JP¥29.8tJP¥39.1tJP¥2.7t9.7x10.9x0.8x
Thu, 04 Aug 2022JP¥29.9tJP¥38.1tJP¥2.7t9.6x11.1x0.8x
Sat, 02 Jul 2022JP¥28.7tJP¥37.5tJP¥2.6t9.4x11.2x0.8x
Mon, 30 May 2022JP¥29.9tJP¥37.5tJP¥2.6t9.4x11.7x0.8x
Wed, 27 Apr 2022JP¥29.5tJP¥36.2tJP¥2.4t9.4x12.2x0.8x
Fri, 25 Mar 2022JP¥31.5tJP¥36.2tJP¥2.4t9.9x13.4x0.9x
Sun, 20 Feb 2022JP¥30.8tJP¥36.2tJP¥2.4t9.9x13x0.9x
Tue, 18 Jan 2022JP¥32.3tJP¥34.9tJP¥2.2t10.4x15x0.9x
Thu, 16 Dec 2021JP¥32.8tJP¥34.9tJP¥2.2t10.1x15.3x0.9x
Sat, 13 Nov 2021JP¥33.8tJP¥34.8tJP¥2.1t11.1x15.8x1x
Mon, 11 Oct 2021JP¥32.4tJP¥33.5tJP¥1.7t11.9x18.8x1x
Wed, 08 Sep 2021JP¥35.4tJP¥33.6tJP¥1.7t12.6x20.5x1.1x
Fri, 06 Aug 2021JP¥32.5tJP¥33.6tJP¥1.7t12.2x18.9x1x
Price to Earnings Ratio

18.9x


Total Market Cap: JP¥32.5tTotal Earnings: JP¥1.7tTotal Revenue: JP¥33.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Chemicals Industry Price to Earnings3Y Average 16.4x202220232024
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 21.9x which is higher than its 3-year average PE of 16.4x.
  • 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 6.8% 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-2.16%
Materials-0.20%
Chemicals0.34%
Fertilizers and Agricultural Chemicals1.59%
Specialty Chemicals1.48%
Commodity Chemicals0.17%
Diversified Chemicals-1.77%
Industrial Gases-4.45%
Industry PE
  • Investors are most optimistic about the Diversified Chemicals industry which is trading above its 3-year average PE ratio of 21.0x.
    • Analysts are expecting annual earnings growth of 18.8%, 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 10.2x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified 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 Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 2.2% 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¥6.84k3.9%
+JP¥510.5b		46.3%PE26.7x
3407 Asahi KaseiJP¥1.07k2.4%
+JP¥34.7b		10.0%PE33.7x
4205 ZeonJP¥1.41k5.3%
+JP¥14.9b		-8.1%PE9.5x
7970 Shin-Etsu PolymerLtdJP¥1.63k9.1%
+JP¥11.1b		15.5%PE15.2x
4088 Air WaterJP¥2.18k2.0%
+JP¥9.7b		8.9%PE11.2x
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Latest News

4063

JP¥6,844.00

Shin-Etsu Chemical

7D

3.9%

1Y

46.3%

Shin-Etsu Chemical Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Jul 30
Shin-Etsu Chemical Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

4046

JP¥9,700.00

Osaka Soda

7D

-6.9%

1Y

67.8%

Osaka Soda (TSE:4046) Has A Pretty Healthy Balance Sheet

Jul 29
Osaka Soda (TSE:4046) Has A Pretty Healthy Balance Sheet

4107

JP¥18,630.00

ISE Chemicals

7D

6.2%

1Y

128.6%

6988

JP¥13,170.00

Nitto Denko

7D

-2.9%

1Y

30.4%

4612

JP¥960.60

Nippon Paint Holdings

7D

-1.8%

1Y

-26.2%

Nippon Paint Holdings (TSE:4612) Seems To Use Debt Quite Sensibly

Jul 27
Nippon Paint Holdings (TSE:4612) Seems To Use Debt Quite Sensibly

3407

JP¥1,065.00

Asahi Kasei

7D

2.4%

1Y

10.0%

The Returns On Capital At Asahi Kasei (TSE:3407) Don't Inspire Confidence

Jul 27
The Returns On Capital At Asahi Kasei (TSE:3407) Don't Inspire Confidence

7970

JP¥1,628.00

Shin-Etsu PolymerLtd

7D

9.1%

1Y

15.5%

4043

JP¥2,986.00

Tokuyama

7D

4.0%

1Y

22.3%

4088

JP¥2,178.00

Air Water

7D

2.0%

1Y

8.9%

Air Water (TSE:4088) Is Due To Pay A Dividend Of ¥32.00

Jul 25
Air Water (TSE:4088) Is Due To Pay A Dividend Of ¥32.00

4205

JP¥1,407.00

Zeon

7D

5.3%

1Y

-8.1%

Zeon (TSE:4205) Will Pay A Dividend Of ¥23.00

Jul 25
Zeon (TSE:4205) Will Pay A Dividend Of ¥23.00

4631

JP¥3,094.00

DIC

7D

1.5%

1Y

15.4%

4091

JP¥4,588.00

Nippon Sanso Holdings

7D

-6.1%

1Y

33.7%

Nippon Sanso Holdings (TSE:4091) Is Looking To Continue Growing Its Returns On Capital

Jul 25
Nippon Sanso Holdings (TSE:4091) Is Looking To Continue Growing Its Returns On Capital

4183

JP¥4,316.00

Mitsui Chemicals

7D

-3.1%

1Y

5.8%

Here's Why Mitsui Chemicals (TSE:4183) Has A Meaningful Debt Burden

Jul 25
Here's Why Mitsui Chemicals (TSE:4183) Has A Meaningful Debt Burden

4203

JP¥4,164.00

Sumitomo Bakelite

7D

-5.1%

1Y

34.8%

These 4 Measures Indicate That Sumitomo Bakelite (TSE:4203) Is Using Debt Reasonably Well

Jul 12
These 4 Measures Indicate That Sumitomo Bakelite (TSE:4203) Is Using Debt Reasonably Well

4403

JP¥2,159.00

NOF

7D

-5.5%

1Y

5.6%

4182

JP¥2,844.50

Mitsubishi Gas Chemical Company

7D

-3.4%

1Y

33.6%