Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Japanese (NIKKEI) Steel Industry Analysis

UpdatedMay 21, 2026
DataAggregated Company Financials
Companies39
  • 7D-2.1%
  • 3M-17.8%
  • 1Y8.8%
  • YTDn/a

The Steel is pretty flat in the last 7 days, but Maruichi Steel Tube has stood out, gaining 21%. The past year has been better, since the industry has gained 11% in that time. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 May 2026JP¥7.6tJP¥22.2tJP¥429.6b10.9x17.7x0.3x
Sat, 18 Apr 2026JP¥8.1tJP¥21.5tJP¥338.7b10.8x23.9x0.4x
Mon, 16 Mar 2026JP¥8.3tJP¥21.5tJP¥339.7b10.8x24.3x0.4x
Wed, 11 Feb 2026JP¥9.3tJP¥21.5tJP¥339.3b12x27.3x0.4x
Fri, 09 Jan 2026JP¥8.5tJP¥21.3tJP¥430.1b10.8x19.7x0.4x
Sun, 07 Dec 2025JP¥8.0tJP¥21.3tJP¥429.6b10.4x18.7x0.4x
Tue, 04 Nov 2025JP¥7.9tJP¥21.1tJP¥430.6b10.1x18.3x0.4x
Thu, 02 Oct 2025JP¥7.6tJP¥21.1tJP¥424.1b9.5x17.9x0.4x
Sat, 30 Aug 2025JP¥7.9tJP¥21.1tJP¥424.1b9.9x18.6x0.4x
Mon, 28 Jul 2025JP¥7.4tJP¥21.4tJP¥802.9b8.8x9.2x0.3x
Wed, 25 Jun 2025JP¥6.9tJP¥21.4tJP¥805.1b8.2x8.5x0.3x
Fri, 23 May 2025JP¥7.0tJP¥21.5tJP¥802.0b8.3x8.8x0.3x
Sun, 20 Apr 2025JP¥7.3tJP¥22.0tJP¥943.0b9.8x7.8x0.3x
Tue, 18 Mar 2025JP¥8.3tJP¥22.0tJP¥940.5b10.5x8.8x0.4x
Thu, 13 Feb 2025JP¥7.9tJP¥22.0tJP¥942.8b9.7x8.4x0.4x
Sat, 11 Jan 2025JP¥7.4tJP¥22.2tJP¥971.2b8.5x7.6x0.3x
Mon, 09 Dec 2024JP¥7.3tJP¥22.2tJP¥970.8b8.4x7.5x0.3x
Wed, 06 Nov 2024JP¥7.5tJP¥22.3tJP¥1.1t8.9x7x0.3x
Fri, 04 Oct 2024JP¥7.7tJP¥22.3tJP¥1.1t9.1x7x0.3x
Sun, 01 Sep 2024JP¥7.8tJP¥22.3tJP¥1.1t9.7x7.1x0.3x
Tue, 30 Jul 2024JP¥7.9tJP¥22.4tJP¥1.2t9.7x6.8x0.4x
Thu, 27 Jun 2024JP¥8.1tJP¥22.4tJP¥1.2t9x6.9x0.4x
Sat, 25 May 2024JP¥8.1tJP¥22.4tJP¥1.2t9.2x6.8x0.4x
Mon, 22 Apr 2024JP¥8.1tJP¥22.3tJP¥1.2t8.4x6.5x0.4x
Wed, 20 Mar 2024JP¥8.7tJP¥22.3tJP¥1.2t8.9x6.9x0.4x
Fri, 16 Feb 2024JP¥8.1tJP¥22.3tJP¥1.2t8.2x6.5x0.4x
Sun, 14 Jan 2024JP¥8.8tJP¥23.4tJP¥1.3t7.7x7.1x0.4x
Tue, 12 Dec 2023JP¥8.5tJP¥23.4tJP¥1.3t7.4x6.8x0.4x
Thu, 09 Nov 2023JP¥8.3tJP¥23.3tJP¥1.2t7.2x6.9x0.4x
Sat, 07 Oct 2023JP¥8.3tJP¥23.1tJP¥1.2t7x6.8x0.4x
Mon, 04 Sep 2023JP¥8.7tJP¥23.1tJP¥1.2t7x7.1x0.4x
Wed, 02 Aug 2023JP¥8.3tJP¥22.7tJP¥1.3t7x6.4x0.4x
Fri, 30 Jun 2023JP¥7.6tJP¥22.7tJP¥1.3t6.9x5.9x0.3x
Sun, 28 May 2023JP¥6.9tJP¥22.7tJP¥1.3t6.2x5.4x0.3x
Price to Earnings Ratio

5.4x


Total Market Cap: JP¥6.9tTotal Earnings: JP¥1.3tTotal Revenue: JP¥22.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Steel Industry Price to Earnings3Y Average 10.8x202420252026
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 18.3x which is higher than its 3-year average PE of 10.8x.
  • 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 31% 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-3.06%
Materials-6.19%
Metals and Mining-11.15%
Steel-2.10%
Aluminum5.10%
Precious Metals and Minerals0%0
Gold-14.72%
Copper-15.70%
Diversified Metals and Mining-17.71%
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
5463 Maruichi Steel TubeJP¥1.81k21.2%
+JP¥70.1b		57.2%PE15x
5484 Tohoku SteelJP¥4.48k95.5%
+JP¥16.2b		119.4%PE26.1x
5563 Nippon DenkoJP¥475.002.2%
+JP¥1.2b		88.5%PE30.3x
5408 Nakayama Steel WorksJP¥653.002.2%
+JP¥759.0m		0.9%PE14.4x
5632 Mitsubishi Steel MfgJP¥2.02k1.8%
+JP¥529.2m		36.1%PE10x

Latest News

5458
JP¥1,213.00
Takasago Tekko K.K
7D
8.3%
1Y
31.0%
Analysis Article • 7h

We Think Takasago Tekko K.K's (TSE:5458) Healthy Earnings Might Be Conservative

Investors signalled that they were pleased with Takasago Tekko K.K.'s ( TSE:5458 ) most recent earnings report. Looking...
5463
JP¥1,810.00
Maruichi Steel Tube
7D
21.2%
1Y
57.2%
Analysis Article • 8h

Why Maruichi Steel Tube's (TSE:5463) Shaky Earnings Are Just The Beginning Of Its Problems

Despite Maruichi Steel Tube Ltd.'s ( TSE:5463 ) recent earnings report having lackluster headline numbers, the market...
5401
JP¥540.70
Nippon Steel
7D
-3.3%
1Y
-5.9%
Analysis Article • 8h

Some May Be Optimistic About Nippon Steel's (TSE:5401) Earnings

The market for Nippon Steel Corporation's ( TSE:5401 ) shares didn't move much after it posted weak earnings recently...
5484
JP¥4,475.00
Tohoku Steel
7D
95.5%
1Y
119.4%
5471
JP¥1,805.00
Daido Steel
7D
-3.4%
1Y
84.1%
5423
JP¥1,704.00
Tokyo Steel Manufacturing
7D
0.2%
1Y
12.1%
5697
JP¥718.00
Sanyu
7D
1.1%
1Y
46.8%
Analysis Article • May 19

Shareholders Can Be Confident That Sanyu's (TSE:5697) Earnings Are High Quality

When companies post strong earnings, the stock generally performs well, just like Sanyu Co., Ltd.'s ( TSE:5697 ) stock...
5602
JP¥1,350.00
KurimotoLtd
7D
-7.3%
1Y
27.8%
5632
JP¥2,015.00
Mitsubishi Steel Mfg
7D
1.8%
1Y
36.1%
5408
JP¥653.00
Nakayama Steel Works
7D
2.2%
1Y
0.9%
Analysis Article • May 15

There May Be Some Bright Spots In Nakayama Steel Works' (TSE:5408) Earnings

Soft earnings didn't appear to concern Nakayama Steel Works, Ltd.'s ( TSE:5408 ) shareholders over the last week. Our...
5444
JP¥11,420.00
Yamato Kogyo
7D
-3.5%
1Y
35.0%
5563
JP¥475.00
Nippon Denko
7D
2.2%
1Y
88.5%
5411
JP¥1,636.50
JFE Holdings
7D
-4.9%
1Y
-2.1%
Analysis Article • May 12

Earnings Miss: JFE Holdings, Inc. Missed EPS By 11% And Analysts Are Revising Their Forecasts

The analysts might have been a bit too bullish on JFE Holdings, Inc. ( TSE:5411 ), given that the company fell short of...
5406
JP¥1,881.50
Kobe Steel
7D
-4.0%
1Y
15.3%
5451
JP¥1,190.00
Yodoko
7D
-2.6%
1Y
8.4%
5482
JP¥2,813.00
Aichi Steel
7D
-2.3%
1Y
45.2%