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Japanese (NIKKEI) Chemicals Industry Analysis

UpdatedAug 12, 2024
DataAggregated Company Financials
Companies160
  • 7D-1.0%
  • 3M-7.4%
  • 1Y6.6%
  • YTD-1.6%

Over the last 7 days, the Chemicals industry has dropped 1.0%, driven by a pullback from Mitsui Chemicals of 8.9%. On the other hand Shin-Etsu Chemical is actually up 13%. This takes the industry's 12 month performance to a gain of 6.6%. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 13 Aug 2024JP¥36.0tJP¥41.4tJP¥1.9t11.3x18.9x0.9x
Thu, 11 Jul 2024JP¥40.7tJP¥40.8tJP¥1.7t13.3x23.4x1x
Sat, 08 Jun 2024JP¥39.7tJP¥41.2tJP¥1.7t13x22.9x1x
Mon, 06 May 2024JP¥39.6tJP¥40.9tJP¥1.7t14x23.4x1x
Wed, 03 Apr 2024JP¥40.3tJP¥41.0tJP¥1.7t14x24x1x
Fri, 01 Mar 2024JP¥40.2tJP¥41.0tJP¥1.7t13.9x23.9x1x
Sun, 28 Jan 2024JP¥37.9tJP¥41.2tJP¥1.6t14.1x24x0.9x
Tue, 26 Dec 2023JP¥37.1tJP¥41.4tJP¥1.7t13.9x22.4x0.9x
Thu, 23 Nov 2023JP¥36.7tJP¥41.4tJP¥1.7t13.7x22.2x0.9x
Sat, 21 Oct 2023JP¥33.3tJP¥42.0tJP¥1.8t13.3x18.2x0.8x
Mon, 18 Sep 2023JP¥35.8tJP¥42.0tJP¥1.8t13.7x19.6x0.9x
Wed, 16 Aug 2023JP¥34.5tJP¥42.0tJP¥1.8t13x18.9x0.8x
Fri, 14 Jul 2023JP¥34.3tJP¥42.5tJP¥2.1t12.7x16.4x0.8x
Sun, 11 Jun 2023JP¥33.7tJP¥42.4tJP¥2.1t12.3x16.1x0.8x
Tue, 09 May 2023JP¥31.8tJP¥42.0tJP¥2.4t11.2x13.1x0.8x
Thu, 06 Apr 2023JP¥31.9tJP¥42.0tJP¥2.5t10.6x12.8x0.8x
Sat, 04 Mar 2023JP¥31.6tJP¥42.0tJP¥2.5t11x12.7x0.8x
Mon, 30 Jan 2023JP¥29.9tJP¥41.1tJP¥2.8t9.7x10.7x0.7x
Wed, 28 Dec 2022JP¥28.2tJP¥40.8tJP¥2.7t9.5x10.3x0.7x
Fri, 25 Nov 2022JP¥30.3tJP¥40.8tJP¥2.7t10x11x0.7x
Sun, 23 Oct 2022JP¥27.6tJP¥39.1tJP¥2.7t9.3x10.1x0.7x
Tue, 20 Sep 2022JP¥29.5tJP¥39.1tJP¥2.7t9.6x10.7x0.8x
Thu, 18 Aug 2022JP¥31.1tJP¥39.1tJP¥2.7t9.8x11.4x0.8x
Sat, 16 Jul 2022JP¥28.7tJP¥37.5tJP¥2.6t9.4x11.2x0.8x
Mon, 13 Jun 2022JP¥31.2tJP¥37.5tJP¥2.6t9.9x12.2x0.8x
Wed, 11 May 2022JP¥30.3tJP¥36.6tJP¥2.5t9.5x12.1x0.8x
Fri, 08 Apr 2022JP¥29.8tJP¥36.2tJP¥2.4t9.3x12.6x0.8x
Sun, 06 Mar 2022JP¥29.1tJP¥36.2tJP¥2.4t9.6x12.4x0.8x
Tue, 01 Feb 2022JP¥31.3tJP¥35.1tJP¥2.2t10.3x14.1x0.9x
Thu, 30 Dec 2021JP¥32.9tJP¥34.9tJP¥2.2t10.2x15.3x0.9x
Sat, 27 Nov 2021JP¥32.5tJP¥34.9tJP¥2.2t10.2x15.1x0.9x
Mon, 25 Oct 2021JP¥33.2tJP¥33.5tJP¥1.7t11.9x19.2x1x
Wed, 22 Sep 2021JP¥35.5tJP¥33.5tJP¥1.7t12.8x20.6x1.1x
Fri, 20 Aug 2021JP¥31.8tJP¥33.6tJP¥1.7t11.7x18.5x0.9x
Price to Earnings Ratio

18.5x


Total Market Cap: JP¥31.8tTotal 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 18.9x 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 grown 3.4% per year over the last three years.
  • Revenues for these companies have grown 7.2% 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 Market-2.13%
Materials-2.07%
Chemicals-1.00%
Diversified Chemicals0.45%
Specialty Chemicals-0.22%
Industrial Gases-2.26%
Fertilizers and Agricultural Chemicals-2.80%
Commodity Chemicals-3.55%
Industry PE
  • Investors are most optimistic about the Diversified Chemicals industry which is trading above its 3-year average PE ratio of 21.4x.
    • Analysts are expecting annual earnings growth of 19.5%, which is higher than its past year's earnings growth of 16.2% per year.
  • Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading below its 3-year average of 10.2x.
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 16% per year.
  • In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings growth to stay flat 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¥5.95k13.4%
+JP¥1.4t		30.8%PE23.2x
4091 Nippon Sanso HoldingsJP¥4.31k17.7%
+JP¥280.9b		28.8%PE16.9x
6988 Nitto DenkoJP¥10.68k16.3%
+JP¥210.4b		9.9%PE12.1x
3402 Toray IndustriesJP¥719.3013.2%
+JP¥134.7b		-10.4%PE52.6x
4188 Mitsubishi Chemical GroupJP¥832.9012.0%
+JP¥126.9b		-3.3%PE10.2x
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13.2%

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4005

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20.9%

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5.5%

4616

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4215

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-2.7%

1Y

-4.8%

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JP¥5,947.00

Shin-Etsu Chemical

7D

13.4%

1Y

30.8%

4188

JP¥832.90

Mitsubishi Chemical Group

7D

12.0%

1Y

-3.3%

4091

JP¥4,310.00

Nippon Sanso Holdings

7D

17.7%

1Y

28.8%