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Japanese (NIKKEI) Steel Industry Analysis

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies39
  • 7D-0.3%
  • 3M-9.8%
  • 1Y16.1%
  • YTDn/a

The Steel is pretty flat in the last 7 days, but Tokyo Steel Manufacturing has stood out, gaining 6.1%. As for the the longer term, the industry is up 16% over the past 12 months. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026JP¥8.1tJP¥21.5tJP¥338.7b10.7x23.9x0.4x
Thu, 19 Mar 2026JP¥8.5tJP¥21.5tJP¥339.7b11.1x24.9x0.4x
Sat, 14 Feb 2026JP¥8.9tJP¥21.5tJP¥339.6b11.4x26.2x0.4x
Mon, 12 Jan 2026JP¥8.6tJP¥21.3tJP¥430.1b10.9x20.1x0.4x
Wed, 10 Dec 2025JP¥8.1tJP¥21.3tJP¥429.6b10.4x18.8x0.4x
Fri, 07 Nov 2025JP¥7.6tJP¥21.5tJP¥427.3b10.2x17.8x0.4x
Sun, 05 Oct 2025JP¥7.7tJP¥21.1tJP¥427.4b9.5x17.9x0.4x
Tue, 02 Sep 2025JP¥8.0tJP¥21.1tJP¥424.1b10x18.8x0.4x
Thu, 31 Jul 2025JP¥7.4tJP¥21.4tJP¥802.6b8.9x9.2x0.3x
Sat, 28 Jun 2025JP¥7.0tJP¥21.4tJP¥805.1b8.2x8.7x0.3x
Mon, 26 May 2025JP¥7.0tJP¥21.5tJP¥802.0b8.3x8.8x0.3x
Wed, 23 Apr 2025JP¥7.2tJP¥22.0tJP¥943.0b9.7x7.7x0.3x
Fri, 21 Mar 2025JP¥8.4tJP¥22.0tJP¥940.5b10.7x8.9x0.4x
Sun, 16 Feb 2025JP¥8.0tJP¥22.0tJP¥940.5b10.5x8.5x0.4x
Tue, 14 Jan 2025JP¥7.4tJP¥22.2tJP¥970.3b8.4x7.6x0.3x
Thu, 12 Dec 2024JP¥7.4tJP¥22.2tJP¥970.8b8.6x7.6x0.3x
Sat, 09 Nov 2024JP¥4.8tJP¥22.2tJP¥1.0t8.8x4.8x0.2x
Mon, 07 Oct 2024JP¥7.7tJP¥22.3tJP¥1.1t9.2x7x0.3x
Wed, 04 Sep 2024JP¥7.8tJP¥22.3tJP¥1.1t9.8x7.1x0.3x
Fri, 02 Aug 2024JP¥7.8tJP¥22.4tJP¥1.2t9.5x6.7x0.3x
Sun, 30 Jun 2024JP¥8.1tJP¥22.4tJP¥1.2t9.1x6.9x0.4x
Tue, 28 May 2024JP¥8.2tJP¥22.4tJP¥1.2t9.2x6.9x0.4x
Thu, 25 Apr 2024JP¥8.3tJP¥22.3tJP¥1.2t8.7x6.6x0.4x
Sat, 23 Mar 2024JP¥8.9tJP¥22.3tJP¥1.2t8.8x7.1x0.4x
Mon, 19 Feb 2024JP¥8.2tJP¥22.3tJP¥1.2t8.3x6.6x0.4x
Wed, 17 Jan 2024JP¥9.0tJP¥23.4tJP¥1.3t7.8x7.2x0.4x
Fri, 15 Dec 2023JP¥8.4tJP¥23.4tJP¥1.3t7.1x6.7x0.4x
Sun, 12 Nov 2023JP¥8.4tJP¥23.4tJP¥1.3t7.2x6.7x0.4x
Tue, 10 Oct 2023JP¥8.3tJP¥23.1tJP¥1.2t7x6.8x0.4x
Thu, 07 Sep 2023JP¥8.9tJP¥23.1tJP¥1.2t7.3x7.3x0.4x
Sat, 05 Aug 2023JP¥8.2tJP¥22.7tJP¥1.3t6.9x6.5x0.4x
Mon, 03 Jul 2023JP¥7.6tJP¥22.7tJP¥1.3t7x5.9x0.3x
Wed, 31 May 2023JP¥7.1tJP¥22.7tJP¥1.3t6.3x5.5x0.3x
Fri, 28 Apr 2023JP¥6.9tJP¥22.3tJP¥1.2t6.8x5.5x0.3x
Price to Earnings Ratio

5.5x


Total Market Cap: JP¥6.9tTotal Earnings: JP¥1.2tTotal Revenue: JP¥22.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Steel Industry Price to Earnings3Y Average 10.4x202420252026
Current Industry PE
  • Investors are optimistic on the Japanese Steel industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.9x which is higher than its 3-year average PE of 10.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.36x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 35% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Japanese Steel compare with similar industries?

JP Market1.52%
Materials0.17%
Metals and Mining0.69%
Steel-0.26%
Copper2.42%
Diversified Metals and Mining1.69%
Precious Metals and Minerals0%0
Gold-0.084%
Aluminum-3.05%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
5423 Tokyo Steel ManufacturingJP¥1.83k6.1%
+JP¥10.9b		16.1%PE13.7x
7485 OkayaJP¥9.77k1.7%
+JP¥3.1b		46.7%PE6.2x
5658 Nichia Steel WorksJP¥388.004.9%
+JP¥813.9m		28.1%PE21.1x
5612 Nippon Chutetsukan K.KJP¥1.76k9.0%
+JP¥469.1m		40.7%PS0.4x
5563 Nippon DenkoJP¥443.000.7%
+JP¥374.4m		67.2%PE39x

Latest News

5423
JP¥1,831.00
Tokyo Steel Manufacturing
7D
6.1%
1Y
16.1%
5612
JP¥1,761.00
Nippon Chutetsukan K.K
7D
9.0%
1Y
40.7%
5440
JP¥2,282.00
Kyoei Steel
7D
-2.7%
1Y
21.0%
5406
JP¥1,907.50
Kobe Steel
7D
-2.2%
1Y
19.0%
5563
JP¥443.00
Nippon Denko
7D
0.7%
1Y
67.2%
5658
JP¥388.00
Nichia Steel Works
7D
4.9%
1Y
28.1%
5411
JP¥1,751.00
JFE Holdings
7D
-3.8%
1Y
8.2%
5632
JP¥1,832.00
Mitsubishi Steel Mfg
7D
1.0%
1Y
29.0%
5484
JP¥2,270.00
Tohoku Steel
7D
1.8%
1Y
18.1%
5451
JP¥1,375.00
Yodoko
7D
-2.3%
1Y
16.7%
5401
JP¥593.20
Nippon Steel
7D
-0.3%
1Y
1.1%
5922
JP¥19,590.00
Nasu Denki-Tekko
7D
1.7%
1Y
53.2%
5461
JP¥2,289.00
Chubu Steel Plate
7D
-4.5%
1Y
6.8%
5445
JP¥1,875.00
Tokyo Tekko
7D
-3.7%
1Y
-0.4%
5449
JP¥2,401.00
Osaka Steel
7D
-2.2%
1Y
-11.2%
7485
JP¥9,770.00
Okaya
7D
1.7%
1Y
46.7%