Analysis Article • Aug 12
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Japanese (NIKKEI) Steel Industry Analysis
UpdatedAug 17, 2026
DataAggregated Company Financials
Companies39
- 7D-1.9%
- 3M14.9%
- 1Y16.9%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 1.9%, driven by a pullback from Nippon Steel of 3.0%. In the past year, the industry has gained 17%. Earnings are forecast to grow by 5.9% annually.
Industry Valuation and Performance
Has the Japanese Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 17 Aug 2026 | JP¥8.9t | JP¥23.1t | JP¥706.3b | 11.9x | 12.6x | 0.4x |
| Wed, 15 Jul 2026 | JP¥8.1t | JP¥22.2t | JP¥432.0b | 12.2x | 18.8x | 0.4x |
| Fri, 12 Jun 2026 | JP¥7.6t | JP¥22.2t | JP¥429.6b | 10.9x | 17.7x | 0.3x |
| Sun, 10 May 2026 | JP¥7.9t | JP¥21.5t | JP¥349.0b | 11x | 22.6x | 0.4x |
| Tue, 07 Apr 2026 | JP¥8.1t | JP¥21.5t | JP¥338.7b | 10.8x | 23.9x | 0.4x |
| Thu, 05 Mar 2026 | JP¥8.4t | JP¥21.5t | JP¥339.7b | 11.1x | 24.7x | 0.4x |
| Sat, 31 Jan 2026 | JP¥8.7t | JP¥21.3t | JP¥425.9b | 10.8x | 20.4x | 0.4x |
| Mon, 29 Dec 2025 | JP¥8.3t | JP¥21.3t | JP¥430.1b | 10.7x | 19.3x | 0.4x |
| Wed, 26 Nov 2025 | JP¥7.9t | JP¥21.3t | JP¥429.9b | 10.3x | 18.5x | 0.4x |
| Fri, 24 Oct 2025 | JP¥7.8t | JP¥21.1t | JP¥425.0b | 10x | 18.3x | 0.4x |
| Sun, 21 Sep 2025 | JP¥8.0t | JP¥21.1t | JP¥424.1b | 9.5x | 19x | 0.4x |
| Tue, 19 Aug 2025 | JP¥7.6t | JP¥21.1t | JP¥424.1b | 9.7x | 18x | 0.4x |
| Thu, 17 Jul 2025 | JP¥7.2t | JP¥21.4t | JP¥805.8b | 8.5x | 8.9x | 0.3x |
| Sat, 14 Jun 2025 | JP¥7.1t | JP¥21.4t | JP¥805.1b | 8.3x | 8.8x | 0.3x |
| Mon, 12 May 2025 | JP¥7.2t | JP¥21.4t | JP¥787.3b | 9.3x | 9.2x | 0.3x |
| Wed, 09 Apr 2025 | JP¥7.1t | JP¥22.0t | JP¥943.0b | 9x | 7.5x | 0.3x |
| Fri, 07 Mar 2025 | JP¥8.2t | JP¥22.0t | JP¥940.5b | 10.7x | 8.7x | 0.4x |
| Sun, 02 Feb 2025 | JP¥7.7t | JP¥22.2t | JP¥950.2b | 9x | 8.1x | 0.3x |
| Tue, 31 Dec 2024 | JP¥7.6t | JP¥22.2t | JP¥971.2b | 8.7x | 7.8x | 0.3x |
| Thu, 28 Nov 2024 | JP¥7.3t | JP¥22.2t | JP¥970.7b | 8.4x | 7.5x | 0.3x |
| Sat, 26 Oct 2024 | JP¥7.2t | JP¥22.3t | JP¥1.1t | 8.8x | 6.5x | 0.3x |
| Mon, 23 Sep 2024 | JP¥7.6t | JP¥22.3t | JP¥1.1t | 9.3x | 6.9x | 0.3x |
| Wed, 21 Aug 2024 | JP¥7.6t | JP¥22.3t | JP¥1.1t | 9.3x | 6.9x | 0.3x |
| Fri, 19 Jul 2024 | JP¥8.2t | JP¥22.4t | JP¥1.2t | 10x | 7x | 0.4x |
| Sun, 16 Jun 2024 | JP¥8.0t | JP¥22.4t | JP¥1.2t | 8.9x | 6.8x | 0.4x |
| Tue, 14 May 2024 | JP¥8.1t | JP¥22.4t | JP¥1.2t | 8x | 6.8x | 0.4x |
| Thu, 11 Apr 2024 | JP¥8.5t | JP¥22.3t | JP¥1.2t | 8.7x | 6.8x | 0.4x |
| Sat, 09 Mar 2024 | JP¥8.7t | JP¥22.3t | JP¥1.2t | 8.7x | 7x | 0.4x |
| Mon, 05 Feb 2024 | JP¥9.2t | JP¥23.3t | JP¥1.2t | 8.4x | 7.4x | 0.4x |
| Wed, 03 Jan 2024 | JP¥8.6t | JP¥23.4t | JP¥1.3t | 7.5x | 6.9x | 0.4x |
| Fri, 01 Dec 2023 | JP¥8.7t | JP¥23.4t | JP¥1.3t | 7.4x | 7x | 0.4x |
| Sun, 29 Oct 2023 | JP¥8.3t | JP¥23.1t | JP¥1.2t | 7.2x | 6.8x | 0.4x |
| Tue, 26 Sep 2023 | JP¥9.2t | JP¥23.1t | JP¥1.2t | 7.9x | 7.5x | 0.4x |
| Thu, 24 Aug 2023 | JP¥8.3t | JP¥23.1t | JP¥1.2t | 7x | 6.8x | 0.4x |
Price to Earnings Ratio
6.8x
Current Industry PE
- Investors are relatively neutral on the Japanese Steel industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 11.8x.
- 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 17% 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 Market | 2.94% | |
| Materials | 0.96% | |
| Metals and Mining | -1.00% | |
| Steel | -1.95% | |
| Gold | 4.84% | |
| Aluminum | 3.68% | |
| Precious Metals and Minerals | 0% | 0 |
| Diversified Metals and Mining | -0.64% | |
| Copper | -1.46% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 5471 Daido Steel | JP¥2.53k | 9.2% +JP¥42.6b | 106.1% | PE14.4x | |
| 5482 Aichi Steel | JP¥3.30k | 3.1% +JP¥6.4b | 30.0% | PE19.5x | |
| 5463 Maruichi Steel Tube | JP¥1.78k | 1.6% +JP¥6.1b | 42.1% | PE14x | |
| 5440 Kyoei Steel | JP¥1.99k | 4.4% +JP¥3.6b | -8.8% | PE9.5x | |
| 5632 Mitsubishi Steel Mfg | JP¥2.46k | 6.5% +JP¥2.3b | 43.4% | PE9.5x |