Vizora日本語

Industry map/Resources, Energy & Materials

Chemicals industry map

Who earns the money in Chemicals, and who keeps it. When a company spans several industries, only the relevant segment is counted.

FY2025 · 205 companies · ¥31.7T

Industry map

Companies ordered by revenue, connected by ownership (major shareholders). Arrows point from the shareholder to the investee.

Industry size (revenue)
¥31.7T

YoY -3.1%

Companies
205
Avg. salary（parent only）
¥7.3M

Avg. age 42.3

Industry weather
Rainy

Operating income -5.1%

Mitsubishi Chemical Gloup[4188]

Industrial gases + 3 more

#1
Revenue
¥3.55T▼5.9%
Operating income
¥227.3B▼1.6%

Margin 6.4%

Whole company: Revenue ¥3.7T · Net income ¥11.8B

Avg. salary ¥11.9M · 50.2（parent only）

Nippon Sanso Holdings[4091]

Japan + 3 more

#5▲
Revenue
¥1.33T▲4.0%
Operating income
¥197.3B▲7.0%

Margin 14.9%

Whole company: Revenue ¥1.36T · Net income ¥123.9B

Avg. salary ¥10.6M · 43.0（parent only）

  • Mitsubishi Chemical Gloup owns 50.6%

Sumitomo Chemical[4005]

Essential and Green Materials + 2 more

#2
Revenue
¥1.77T▼13.4%
Operating income
¥123.8B▲84.6%

Margin 7.0%

Whole company: Revenue ¥2.33T · Net income ¥60.9B

Avg. salary ¥9.6M · 42.4（parent only）

Mitsui Chemicals[4183]

Basic Green Materials + 3 more

#3
Revenue
¥1.65T▼7.8%
Operating income
¥103.7B▼0.8%

Margin 6.3%

Whole company: Revenue ¥1.67T · Net income ¥34.4B

Avg. salary ¥8.7M · 40.0（parent only）

Shin-Etsu Chemical[4063]

Infrastructure Materials + 2 more

#4
Revenue
¥1.56T▼4.2%
Operating income
¥293.2B▼30.2%

Margin 18.8%

Whole company: Revenue ¥2.57T · Net income ¥474.5B

Avg. salary ¥9M · 40.8（parent only）

Asahi Kasei[3407]

Material

#6▼
Revenue
¥1.31T▼4.6%
Operating income
¥68.3B▼14.5%

Margin 5.2%

Whole company: Revenue ¥3.07T · Net income ¥158.8B

Avg. salary ¥8.5M · 41.9（parent only）

  • Teijin・Joint venture

Idemitsu Kosan[5019]

Functional Materials + 1 more

#7
Revenue
¥994.5B▼8.8%
Operating income
¥27.5B▲53.0%

Margin 2.8%

Whole company: Revenue ¥8.11T · Net income ¥171.9B

Avg. salary ¥10M · 42.0（parent only）

Toray Industries[3402]

Performance Chemicals

#8
Revenue
¥894.4B▼5.3%
Operating income
¥56.3B▼6.2%

Margin 6.3%

Whole company: Revenue ¥2.59T · Net income ¥79.5B

Avg. salary ¥8.4M · 40.8（parent only）

Nitto Denko[6988]

Optronics + 1 more

#9
Revenue
¥889.4B▲0.3%
Operating income
¥201.5B▼8.0%

Margin 22.7%

Whole company: Revenue ¥1.03T · Net income ¥133.5B

Avg. salary ¥8.4M · 41.0（parent only）

Tosoh[4042]

Chlor-alkali + 2 more

#10
Revenue
¥788.6B▼7.1%
Operating income
¥51.6B▼17.3%

Margin 6.5%

Whole company: Revenue ¥1.02T · Net income ¥41.6B

Avg. salary ¥8.3M · 38.5（parent only）

Mitsubishi GAS Chemical Company[4182]

Specialty Chemicals Business Sector + 1 more

#11
Revenue
¥725.9B▼4.1%
Operating income
¥53B▼17.8%

Margin 7.3%

Whole company: Revenue ¥738.2B · Net income -¥40.3B

Avg. salary ¥9.1M · 41.0（parent only）

Sekisui Chemical[4204]

High performance plastics + 1 more

#12
Revenue
¥676.8B▲1.0%
Operating income
¥82.6B▼1.9%

Margin 12.2%

Whole company: Revenue ¥1.31T · Net income ¥75.2B

Avg. salary ¥9.5M · 44.2（parent only）

※ Card revenue and operating income cover only the segment in this industry; “Whole company” shows consolidated revenue and net income.

Other companies: Kuraray · AGC · Resonac Holdings · Kaneka · DIC · Daicel · Kao · Nippon Shokubai · Zeon · Teijin · ENEOS Holdings · AIR Water · Adeka · UBE · Iwatani · Cosmo Energy Holdings · Toyobo · Daikin Industries · Osaka GAS · Nippon Steel · Kurita Water Industries · Takasago International · Denka · Oji Holdings · Sumitomo Bakelite · Nissan Chemical · Nippon Light Metal Holdings Company · Lintec · Kumiai Chemical Industry · Tokuyama · Ishihara Sangyo Kaisha · Sumitomo Seika Chemicals · Nippon Kayaku · Tokai Carbon · NOF · JSP · Riken Technos · Sanyo Chemical Industries · Konica Minolta · Toagosei …+153

The weather is derived mechanically from year-over-year totals of revenue and operating income (both up = sunny, both down = rainy).

Switch years to see how the map shifts

Who earns the money

Area = revenue from businesses in this industry. Color = operating margin.

LossHigh margin(middle = 0% margin)

Who makes a profit

Across = revenue (log scale), up = operating margin, bubble size = operating income.

Ranking and momentum

RankCompany (business)RevenueShareOp. marginCAGRFCF*
1Mitsubishi Chemical GloupIndustrial gases + 3 more¥3.55T11.2%6.4%+39.1%¥144.2B
2Sumitomo ChemicalEssential and Green Materials + 2 more¥1.77T5.6%7.0%——
3Mitsui ChemicalsBasic Green Materials + 3 more¥1.65T5.2%6.3%+0.8%¥75.2B
4Shin-Etsu ChemicalInfrastructure Materials + 2 more¥1.56T4.9%18.8%+3.4%¥356.7B
5▲1Nippon Sanso HoldingsJapan + 3 more¥1.33T4.2%14.9%+9.3%¥163.4B
6▼1Asahi KaseiMaterial¥1.31T4.1%5.2%+1.9%¥92.1B
7Idemitsu KosanFunctional Materials + 1 more¥994.5B3.1%2.8%+0.2%¥225.6B
8Toray IndustriesPerformance Chemicals¥894.4B2.8%6.3%-0.4%¥65.3B
9Nitto DenkoOptronics + 1 more¥889.4B2.8%22.7%+3.7%¥95.6B
10TosohChlor-alkali + 2 more¥788.6B2.5%6.5%+0.8%¥44.7B
11Mitsubishi GAS Chemical CompanySpecialty Chemicals Business Sector + 1 more¥725.9B2.3%7.3%+26.3%-¥2B
12Sekisui ChemicalHigh performance plastics + 1 more¥676.8B2.1%12.2%+5.3%-¥35.3B
13KurarayVinyl acetate + 2 more¥650.4B2.1%10.5%+12.5%¥4.41B
14▲1AGCChemicals¥579.5B1.8%9.2%-2.1%¥64.9B
15▼1Resonac HoldingsCrasus Chemical + 2 more¥566.9B1.8%1.7%—¥23.6B
16KanekaMaterial Solutions Unit + 1 more¥521.6B1.6%8.2%+2.7%-¥3.26B
17DICFunctional Products + 1 more¥502B1.6%5.6%+4.9%¥31B
18DaicelEngineering Plastics + 3 more¥470B1.5%7.5%+5.0%-¥178M
19▲2KaoChemical Business¥405.7B1.3%7.4%+10.2%¥128.8B
20Nippon ShokubaiMaterials + 1 more¥399.9B1.3%4.5%+2.0%¥3.81B
21▲1ZeonElastomer + 1 more¥345.9B1.1%9.8%+3.3%¥15.6B
22▼3TeijinMaterials¥338.6B1.1%0.0%—¥38.7B
23▲1ENEOS HoldingsHigh Performance Materials¥336.5B1.1%3.3%—¥363.7B
24▼1AIR WaterDigital and industry¥329.9B1.0%-12.4%+3.4%¥34.3B
25▲1AdekaChemicals + 1 more¥326.6B1.0%11.1%+3.9%¥18.2B
26▼1UBEPolymers and Chemicals + 2 more¥325.5B1.0%5.3%+3.7%-¥12.5B
27▲2IwataniIndustrial Gases and Machinery¥288.7B0.9%5.3%+11.9%¥13.3B
28▼1Cosmo Energy HoldingsPetrochemicalbusiness¥288.3B0.9%-1.1%-2.0%¥130.5B
29▼1ToyoboFilms + 1 more¥285.3B0.9%9.2%—¥15.9B
30Daikin IndustriesChemicals¥281.5B0.9%11.8%+7.3%¥256.8B
31▲3Osaka GASLife and business solutions¥263.8B0.8%14.2%+9.2%¥89.6B
32▼1Nippon SteelChemicals and materials¥239.8B0.8%—-0.5%-¥146.2B
33▲3Kurita Water IndustriesGeneral Industry¥231.1B0.7%12.8%—¥26B
34▼1Takasago InternationalJapan + 3 more¥225.1B0.7%3.5%+8.5%-¥17B
35▼3DenkaPolymer Solutions + 1 more¥221.7B0.7%1.6%-1.3%-¥31.5B
36▼1Oji HoldingsFunctional Materials¥220.9B0.7%4.9%+6.5%¥20.9B
37Sumitomo BakeliteQuality of life products + 1 more¥212.7B0.7%—+3.3%¥19.6B
38▲1Nissan ChemicalAgrochemicals + 2 more¥186.6B0.6%33.5%+5.0%¥44.5B
39▲1Nippon Light Metal Holdings CompanyAluminum ingot and chemicals¥183.6B0.6%5.4%+9.5%¥3.65B
40▼2LintecPublishing material and industrial material¥182.6B0.6%1.1%+8.4%¥18.2B
41▲2Kumiai Chemical IndustryAgricultual chemicals and agriculture related reportable segments member + 1 more¥160.8B0.5%7.5%+10.0%¥25.1B
42▼1TokuyamaChemicals + 1 more¥155.5B0.5%11.3%+3.7%¥21.9B
43▲5Ishihara Sangyo KaishaOrganic chemistry + 1 more¥150.9B0.5%15.4%+8.7%¥5.49B
44▲1Sumitomo Seika ChemicalsWater-absorbing resin + 1 more¥148.1B0.5%9.8%+6.6%¥4.21B
45▲5Nippon KayakuFine Chemicals Business Unit + 1 more¥147.1B0.5%14.7%—¥3.92B
46▼4Tokai CarbonCarbon Black¥147.1B0.5%8.9%+10.3%¥13B
47▼3NOFFunctional chemicals¥145.8B0.5%18.4%+3.2%¥21.5B
48▼1JSPBeads + 1 more¥145.5B0.5%6.0%+7.8%¥5.99B
49▲2Riken TechnosTransportation + 3 more¥131.3B0.4%8.6%+4.6%¥8.47B
50▼4Sanyo Chemical IndustriesPetroleum and Automotives + 4 more¥127.9B0.4%8.9%—¥14B

Showing the top 50. See all 205 in the list below

* FCF is company-wide (not disclosed by segment). CAGR covers the available years, up to five.

How they make money differently

Where each company's ¥100 of sales goes, and how much it keeps (company-wide).

  • Cost of sales
  • SG&A
  • Other
  • Operating profit

Showing the 25 largest companies by revenue.

Ownership links

From the major-shareholder section of annual securities reports.

The company on each card is a major shareholder of the companies listed under it (latest 'major shareholders' disclosure). 50%+ is labelled subsidiary and 20%+ affiliate, based on ownership alone. Stakes under 3% are omitted. Showing up to 24 shareholder cards.

Compare the leaders side by side

All companies in Chemicals (by revenue)

All 206 companies in this industry, ranked by revenue in each company's latest fiscal year. For companies that belong through one business segment, the figure is that segment's revenue.

  1. Mitsubishi Chemical Gloup¥3.55T · 6.4%
  2. Sumitomo Chemical¥1.77T · 7.0%
  3. Mitsui Chemicals¥1.65T · 6.3%
  4. Shin-Etsu Chemical¥1.56T · 18.8%
  5. Nippon Sanso Holdings¥1.33T · 14.9%
  6. Asahi Kasei¥1.31T · 5.2%
  7. Idemitsu Kosan¥994.5B · 2.8%
  8. Toray Industries¥894.4B · 6.3%
  9. Nitto Denko¥889.4B · 22.7%
  10. Tosoh¥788.6B · 6.5%
  11. Mitsubishi GAS Chemical Company¥725.9B · 7.3%
  12. Sekisui Chemical¥676.8B · 12.2%
  13. Kuraray¥650.4B · 10.5%
  14. AGC¥579.5B · 9.2%
  15. Resonac Holdings¥566.9B · 1.7%
  16. Kaneka¥521.6B · 8.2%
  17. DIC¥502B · 5.6%
  18. Daicel¥470B · 7.5%
  19. Kao¥405.7B · 7.4%
  20. Nippon Shokubai¥399.9B · 4.5%
  21. Zeon¥345.9B · 9.8%
  22. Teijin¥338.6B · 0.0%
  23. ENEOS Holdings¥336.5B · 3.3%
  24. AIR Water¥329.9B · -12.4%
  25. Adeka¥326.6B · 11.1%
  26. UBE¥325.5B · 5.3%
  27. Iwatani¥288.7B · 5.3%
  28. Cosmo Energy Holdings¥288.3B · -1.1%
  29. Toyobo¥285.3B · 9.2%
  30. Daikin Industries¥281.5B · 11.8%
  31. Osaka GAS¥263.8B · 14.2%
  32. Nippon Steel¥239.8B
  33. Kurita Water Industries¥231.1B · 12.8%
  34. Takasago International¥225.1B · 3.5%
  35. Denka¥221.7B · 1.6%
  36. Oji Holdings¥220.9B · 4.9%
  37. Sumitomo Bakelite¥212.7B
  38. Nissan Chemical¥186.6B · 33.5%
  39. Nippon Light Metal Holdings Company¥183.6B · 5.4%
  40. Lintec¥182.6B · 1.1%
  41. Kumiai Chemical Industry¥160.8B · 7.5%
  42. Tokuyama¥155.5B · 11.3%
  43. Ishihara Sangyo Kaisha¥150.9B · 15.4%
  44. Sumitomo Seika Chemicals¥148.1B · 9.8%
  45. Nippon Kayaku¥147.1B · 14.7%
  46. Tokai Carbon¥147.1B · 8.9%
  47. NOF¥145.8B · 18.4%
  48. JSP¥145.5B · 6.0%
  49. Riken Technos¥131.3B · 8.6%
  50. Sanyo Chemical Industries¥127.9B · 8.9%
  51. Konica Minolta¥126.8B · 17.6%
  52. Toagosei¥118.2B · 11.0%
  53. KH Neochem¥115.1B · 9.8%
  54. Sekisui Kasei¥113.9B · 4.9%
  55. Nihon Nohyaku¥109.6B · 10.4%
  56. Harima Chemicals Group¥99.8B · 4.5%
  57. Taiyo Holdings¥95.3B · 30.6%
  58. Nippon Soda¥89.9B · 12.5%
  59. Kureha¥88B · -1.6%
  60. Zacros¥84.6B · 5.4%
  61. Osaka Soda¥84.3B · 21.3%
  62. DKS¥82.9B · 12.2%
  63. artience¥82.1B · 2.8%
  64. Arakawa Chemical Industries¥82.1B · 3.8%
  65. Mitsubishi Paper Mills¥78.4B · 3.0%
  66. C.Uyemura &¥77.7B · 26.3%
  67. Okamoto Industries¥75.8B · 0.7%
  68. Koatsu GAS Kogyo¥72.8B · 9.6%
  69. Kurabo Industries¥62.7B · 6.6%
  70. Sakai Chemical Industry¥62.6B · 12.0%
  71. Nihon Parkerizing¥58.9B · 15.9%
  72. Toyo Seikan Group Holdings¥57.8B · 11.8%
  73. JGC Holdings¥57B · 13.5%
  74. Unitika¥56.4B · 16.7%
  75. Tayca¥56.2B · 3.4%
  76. Kyowa Leather Cloth¥55.8B · 1.7%
  77. Toho Chemical Industry¥53.4B · 3.7%
  78. Okura Industrial¥52.7B · 10.5%
  79. Arisawa Mfg.¥52.2B · 12.9%
  80. Shikoku Kasei Holdings Corpolation¥51.6B · 19.6%
  81. Yushiro¥51.2B · 9.8%
  82. Achilles¥49.9B · 6.6%
  83. Hokko Chemical Industry¥47.2B · 10.3%
  84. Dexerials¥47.2B · 30.3%
  85. Gunze¥46.9B · 15.4%
  86. Hodogaya Chemical¥46.1B · 7.2%
  87. Parker¥46B · 8.6%
  88. Soken Chemical & Engineering¥43.8B · 13.6%
  89. Nippon Pigment Holdings¥42.2B · 3.6%
  90. Matsumoto Yushi-Seiyaku¥41.1B · 19.9%
  91. Central Glass¥41B · 15.0%
  92. Rasa Industries¥40B · 13.8%
  93. Nicca Chemical¥39.9B · 9.9%
  94. Tamura¥39.9B · 8.4%
  95. Lion¥39.3B
  96. ISE Chemicals¥39.3B · 24.2%
  97. Nippon Carbide Industries¥39.2B · 11.3%
  98. Nichias¥39.1B · 17.7%
  99. Nippon Chemical Industrial¥38.9B · 4.6%
  100. Daiichi Kigenso Kagaku Kogyo¥35.8B · 9.7%
  101. Fuso Chemical¥35.4B · 15.0%
  102. Moresco¥34.9B · 6.8%
  103. Daishin Chemical¥34.6B · 3.4%
  104. Taoka Chemical¥32.6B · 6.3%
  105. Maxell¥32.6B · 4.5%
  106. New Japan Chemical¥32.1B · 1.8%
  107. OAT Agrio¥31.9B · 10.8%
  108. Tokyo Printing INK MFG.¥31.5B · 4.1%
  109. Ichinen Holdings¥30.4B · 2.9%
  110. Riken Vitamin¥29.9B · 1.4%
  111. Nihon Seiko¥29.4B · 18.4%
  112. Somar¥28.5B · 9.7%
  113. Toda Kogyo¥28B · 13.0%
  114. JCU¥26.9B · 47.2%
  115. Gun Ei Chemical Industry¥26.5B · 9.0%
  116. Nippon Fine Chemical¥26.4B · 17.8%
  117. Furuya Metal¥26.3B
  118. Hagihara Industries¥26.3B · 4.4%
  119. Organo¥25.7B · 12.9%
  120. Nichiban¥25.5B · 3.2%
  121. Nichireki Group¥24.7B · 14.3%
  122. Nihon Kagaku Sangyo¥24.1B · 16.0%
  123. Dainichiseika Color & Chemicals Mfg.¥24.1B · 10.7%
  124. Tomoegawa¥23.8B · 4.3%
  125. Niitaka¥23.3B · 8.2%
  126. Asahi Yukizai¥23B · 4.0%
  127. Lonseal¥21.7B · 4.9%
  128. Tensho Electric Industries¥21.6B · 2.3%
  129. Shin-Etsu Polymer¥21.5B · 7.6%
  130. Carlit¥21B · 8.9%
  131. MEC Company¥20.9B · 28.2%
  132. toho acetylene¥20.6B · 9.3%
  133. Ultrafabrics Holdings¥20.6B · 7.9%
  134. Keiwa¥20.5B · 36.0%
  135. Taki Chemical¥20.2B · 11.4%
  136. Koike Sanso Kogyo¥19.8B · 6.6%
  137. Osaka Organic Chemical Industry¥19.6B · 17.5%
  138. Ishihara Chemical¥19.6B · 16.5%
  139. Daito Chemix¥17.7B · 3.4%
  140. Sun A.Kaken¥17.6B · 2.8%
  141. Kunimine Industries¥17.1B · 13.4%
  142. Nankai Chemical¥17B · 14.6%
  143. MiyoshiOil&FatCo.¥16.9B · 2.6%
  144. toyo gosei¥15.5B · 16.8%
  145. The Nisshin OilliO Group¥15.5B · 10.1%
  146. Yuki Gosei Kogyo¥15.4B · 2.5%
  147. K&O Energy Group¥15.1B · 58.1%
  148. Nippon Denko¥14.8B · 13.0%
  149. Valqua¥14.7B · 3.4%
  150. Fujikura Kasei CO,.¥14.5B · 5.4%
  151. Fujibo Holdings¥14.1B · 10.0%
  152. Hokuto¥13.6B · 3.5%
  153. THE Pack¥13.3B · 6.2%
  154. San-Ai Obbli¥12.8B · 8.8%
  155. Konoshima Chemical¥12.7B · 16.9%
  156. Maruo Calcium¥12.6B · 0.7%
  157. Nippi¥12.6B · 18.9%
  158. Mipox¥12.1B · 4.8%
  159. Kewpie¥11.8B · 6.0%
  160. Nitta¥11.7B · 8.0%
  161. Hakuto¥11.2B · 5.6%
  162. MANAC Chemical Partners¥11B · 16.8%
  163. Furukawa¥10.4B · 8.1%
  164. SOFT99corporation¥10.1B · 19.8%
  165. Kanto Denka Kogyo¥9.93B · 2.7%
  166. Nisshinbo Holdings¥9.74B · -0.6%
  167. Nitto Boseki¥9.52B · 6.2%
  168. Showa Chemical Industry¥9.27B · 4.8%
  169. KNC Laboratories¥9.09B · 11.3%
  170. Chemipro Kasei Kaisha¥8.95B · 9.4%
  171. Kawaguchi Chemical Industry¥8.78B · 4.5%
  172. Nippon Seiki¥8.37B · 6.8%
  173. Asahi Kagaku Kogyo¥8.36B · -0.7%
  174. Powdertech¥8.17B · 18.6%
  175. Titan Kogyo¥8.14B · 3.5%
  176. Natoco¥7.98B · 12.8%
  177. YAMATO Mobility & Mfg.¥7.65B · -0.6%
  178. Katakura & Co-op Agri¥6.63B · 5.6%
  179. Sankei Chemical¥6.44B · 2.8%
  180. Sugai Chemical Industry¥6.43B · 7.6%
  181. Showa Paxxs¥6.16B · 7.3%
  182. Fuji Seiki¥5.63B · 5.7%
  183. Toyo Drilube¥5.41B · 12.5%
  184. Oenon Holdings¥4.64B · 17.4%
  185. Sanko Techno CO,.¥4.52B · 2.8%
  186. NIX¥4.4B · 4.9%
  187. Eidai Kako¥3.14B · 1.5%
  188. Poval Kogyo¥2.96B · 13.5%
  189. Muromachi Chemicals¥2.67B · 3.4%
  190. Mitsuboshi¥2.49B · -5.2%
  191. Mitsubishi Pencil¥2.46B · 7.2%
  192. Fukuvi Chemical Industry¥2.07B · 16.8%
  193. Nippon Chutetsukan¥1.99B · 8.5%
  194. Hosoya Pyro-Engineering¥1.96B · 11.2%
  195. Toabo¥1.52B · 8.2%
  196. W-Scope¥1.42B
  197. Cluster Technology¥1.29B
  198. Osaka Yuka Industry¥1.1B · 42.5%
  199. Dai Nippon Toryo¥1.09B · 5.9%
  200. Green Earth Institute¥1.08B · -0.4%
  201. Toyo Electric¥825.9M · 3.1%
  202. Pacific Metals¥711M · 1.7%
  203. Vixton¥473.2M · -24.9%
  204. Fujicopian¥436.3M
  205. Almedio¥100.1M · -142.6%
  206. Nakamura Choukou¥12.8M · -647.6%

Revenue · Op. margin

Related industries

Analyze this page with AI

Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.

Open MarkdownShare on XSave image