Industry map/Resources, Energy & Materials
Non-ferrous Metals & Wires industry map
Who earns the money in Non-ferrous Metals & Wires, and who keeps it. When a company spans several industries, only the relevant segment is counted.
FY2025 · 43 companies · ¥14.7T
Industry map
Companies ordered by revenue, connected by ownership (major shareholders). Arrows point from the shareholder to the investee.
- Industry size (revenue)
- ¥14.7T
- Companies
- 43
- Avg. salary（parent only）
- ¥7.2M
- Industry weather
- Sunny
YoY +10.7%
Avg. age 43.0
Operating income +51.8%
Sumitomo Electric Industries[5802]
Environment and Energy + 2 more
- Revenue
- ¥1.82T▲12.6%
- Operating income
- ¥199.4B▲67.3%
Margin 10.9%
Whole company: Revenue ¥5.11T · Net income ¥369.5B
Avg. salary ¥9M · 43.2（parent only）
Mitsubishi Materials[5711]
Metals + 1 more
- Revenue
- ¥1.51T▼11.1%
- Operating income
- ¥77.2B▲74.1%
Margin 5.1%
Whole company: Revenue ¥1.84T · Net income ¥40.6B
Avg. salary ¥7.3M · 43.0（parent only）
Sumitomo Metal Mining[5713]
Smelting and Refining
- Revenue
- ¥1.3T▲9.8%
- Operating income
- —
Whole company: Revenue ¥1.74T · Net income ¥176.3B
Avg. salary ¥8.1M · 40.8（parent only）
Kobe Steel[5406]
Steel and Aluminum + 1 more
- Revenue
- ¥1.28T▼7.3%
- Operating income
- ¥11.6B▼66.3%
Margin 0.9%
Whole company: Revenue ¥2.44T · Net income ¥93.7B
Avg. salary ¥8.3M · 40.1（parent only）
Furukawa Electric[5801]
Automotive products and materials + 2 more
- Revenue
- ¥1.27T▲8.4%
- Operating income
- ¥70.7B▲34.8%
Margin 5.6%
Whole company: Revenue ¥1.31T · Net income ¥72.5B
Avg. salary ¥7.5M · 43.4（parent only）
Uacj[5741]
- Revenue
- ¥1.18T▲18.3%
- Operating income
- ¥76.9B▲34.0%
Margin 6.5%
Avg. salary ¥7.8M · 41.4（parent only）
- Furukawa Electric owns 7.0%
Fujikura[5803]
Telecommunication Systems + 1 more
- Revenue
- ¥810B▲35.8%
- Operating income
- ¥171.7B▲64.9%
Margin 21.2%
Whole company: Revenue ¥1.18T · Net income ¥157.2B
Avg. salary ¥9.3M · 43.4（parent only）
JX Advanced Metals[5016]
Metals and Recycling + 1 more
- Revenue
- ¥705.5B▲24.9%
- Operating income
- ¥170.9B▲71.6%
Margin 24.2%
Whole company: Revenue ¥884.6B · Net income ¥104.6B
Avg. salary ¥8.3M · 41.5（parent only）
- Mitsui Kinzoku・Joint venture
Nippon Light Metal Holdings Company[5703]
Aluminum ingot and chemicals + 3 more
- Revenue
- ¥585.5B▲6.4%
- Operating income
- ¥29.2B▲13.5%
Margin 5.0%
Whole company: Revenue ¥585.5B · Net income ¥15.6B
Avg. salary ¥9.6M · 50.5（parent only）
Matsuda Sangyo[7456]
Precious metals business segment
- Revenue
- ¥570.4B▲57.7%
- Operating income
- ¥19.3B▲90.0%
Margin 3.4%
Whole company: Revenue ¥687.8B · Net income ¥16.8B
Avg. salary ¥6.8M · 39.7（parent only）
ARE Holdings[5857]
Precious metals
- Revenue
- ¥569.9B▲12.6%
- Operating income
- ¥35.4B▲93.2%
Margin 6.2%
Whole company: Revenue ¥570B · Net income ¥24.4B
Avg. salary ¥8M · 42.0（parent only）
Dowa Holdings[5714]
Refinery + 1 more
- Revenue
- ¥499.4B▲30.5%
- Operating income
- ¥29.5B▲27.7%
Margin 5.9%
Whole company: Revenue ¥745.4B · Net income ¥62.5B
Avg. salary ¥8.3M · 43.3（parent only）
※ Card revenue and operating income cover only the segment in this industry; “Whole company” shows consolidated revenue and net income.
Other companies: Mitsui Kinzoku · Daiki Aluminium Industry · Chugai Mining · Ryobi · Swcc · Sankyo Tateyama · CK San-Etsu Metals · Nittetsu Mining · Toho Zinc · Furukawa · Merf · Furuya Metal · OSAKA Titanium technologies · Onamba · Nihon Seiko · Hirakawa Hewtech · Kitz · Nippon Shindo · Fujisash · Canare Electric · Kawai Musical Instruments Manufacturing · Mitsuboshi · Pacific Metals · Asaka Riken · STG · Ahresty · JMACS Japan · Nippon Tungsten · Marumae · JMC · Wise Holdings
The weather is derived mechanically from year-over-year totals of revenue and operating income (both up = sunny, both down = rainy).
Who earns the money
Area = revenue from businesses in this industry. Color = operating margin.
Who makes a profit
Across = revenue (log scale), up = operating margin, bubble size = operating income.
Ranking and momentum
| Rank | Company (business) | Revenue | Share | Op. margin | CAGR | FCF* |
|---|---|---|---|---|---|---|
| 1▲1 | Sumitomo Electric IndustriesEnvironment and Energy + 2 more | ¥1.82T | 12.4% | 10.9% | +7.7% | ¥203B |
| 2▼1 | Mitsubishi MaterialsMetals + 1 more | ¥1.51T | 10.2% | 5.1% | +4.9% | -¥12B |
| 3▲1 | Sumitomo Metal MiningSmelting and Refining | ¥1.3T | 8.8% | — | +9.8% | ¥16.2B |
| 4▼1 | Kobe SteelSteel and Aluminum + 1 more | ¥1.28T | 8.7% | 0.9% | +1.6% | ¥77.2B |
| 5 | Furukawa ElectricAutomotive products and materials + 2 more | ¥1.27T | 8.6% | 5.6% | +8.8% | -¥24B |
| 6 | Uacj | ¥1.18T | 8.0% | 6.5% | +10.8% | ¥6.44B |
| 7 | FujikuraTelecommunication Systems + 1 more | ¥810B | 5.5% | 21.2% | — | ¥93.8B |
| 8 | JX Advanced MetalsMetals and Recycling + 1 more | ¥705.5B | 4.8% | 24.2% | — | ¥32B |
| 9 | Nippon Light Metal Holdings CompanyAluminum ingot and chemicals + 3 more | ¥585.5B | 4.0% | 5.0% | +4.7% | ¥3.65B |
| 10▲2 | Matsuda SangyoPrecious metals business segment | ¥570.4B | 3.9% | 3.4% | +31.1% | -¥15.2B |
| 11▼1 | ARE HoldingsPrecious metals | ¥569.9B | 3.9% | 6.2% | +34.5% | -¥108.5B |
| 12▼1 | Dowa HoldingsRefinery + 1 more | ¥499.4B | 3.4% | 5.9% | -2.2% | -¥29.9B |
| 13 | Mitsui KinzokuMetals sector + 1 more | ¥388.8B | 2.6% | 20.3% | +8.1% | ¥51.6B |
| 14 | Daiki Aluminium IndustrySecondary aluminum alloys | ¥325.3B | 2.2% | 2.1% | +8.9% | -¥2.86B |
| 15▲2 | Chugai MiningPrecious metal business | ¥278.2B | 1.9% | 1.0% | +55.8% | ¥1.92B |
| 16▼1 | RyobiDie castings | ¥274.3B | 1.9% | 4.1% | +12.7% | -¥6.68B |
| 17▼1 | SwccCommunication and Components operations + 1 more | ¥270.3B | 1.8% | 10.1% | +26.1% | ¥9.2B |
| 18 | Sankyo TateyamaInternational + 1 more | ¥135.9B | 0.9% | 0.0% | +13.7% | -¥10.1B |
| 19▲2 | CK San-Etsu MetalsBRASS | ¥131.4B | 0.9% | 8.5% | +7.0% | -¥909M |
| 20▼1 | Nittetsu MiningMetal | ¥120.3B | 0.8% | 5.6% | +11.2% | -¥25.4B |
| 21▼1 | Toho ZincSmelting + 2 more | ¥117.6B | 0.8% | 5.2% | +2.6% | ¥584M |
| 22 | FurukawaMetals | ¥103.1B | 0.7% | 3.7% | +0.0% | -¥1.46B |
| 23 | MerfNONFERROUS METALS | ¥81.9B | 0.6% | 0.0% | +7.3% | ¥1.55B |
| 24▲1 | Furuya MetalFine Chemicals, Recycling + 4 more | ¥56B | 0.4% | — | — | -¥3.99B |
| 25▼1 | OSAKA Titanium technologiesTitanium + 1 more | ¥47B | 0.3% | 11.8% | +13.6% | -¥3.9B |
| 26 | OnambaJapan + 2 more | ¥44.4B | 0.3% | 5.9% | +4.7% | ¥378M |
| 27▲3 | Nihon SeikoAntimony products + 1 more | ¥40.8B | 0.3% | 14.8% | +24.4% | ¥6.57B |
| 28 | Hirakawa Hewtechelectric wire and processed goods | ¥33.5B | 0.2% | 13.3% | +8.1% | ¥1.84B |
| 29▼2 | KitzBrass bar manufacturing business | ¥32.5B | 0.2% | 2.7% | +4.4% | ¥2.35B |
| 30▼1 | Nippon Shindo | ¥30.1B | 0.2% | 8.9% | +3.6% | -¥1.06B |
| 31 | FujisashAluminium Extrusion and Processed Products | ¥22.5B | 0.2% | 1.2% | +3.0% | -¥3.4B |
| 32▲1 | Canare ElectricJapan + 5 more | ¥11.4B | 0.1% | 13.8% | +4.7% | ¥1.67B |
| 33▲1 | Kawai Musical Instruments ManufacturingMaterial processing | ¥10.3B | 0.1% | 7.3% | -1.7% | -¥3.69B |
| 34▲1 | MitsuboshiElectric Wire + 1 more | ¥9.24B | 0.1% | 5.3% | +5.9% | ¥340.8M |
| 35▼3 | Pacific MetalsNickel | ¥8.66B | 0.1% | -55.7% | -37.4% | ¥1.94B |
| 36▲1 | Asaka RikenPrecious Metal Division | ¥7.27B | 0.0% | 4.2% | +0.9% | -¥1.14B |
| 37▲1 | STG | ¥6.82B | 0.0% | 5.0% | +13.3% | ¥431.9M |
| 38▼2 | AhrestyAluminum Business | ¥6.62B | 0.0% | 3.8% | — | ¥683M |
| 39▲1 | JMACS Japan | ¥6.03B | 0.0% | 8.3% | +5.9% | ¥1.23B |
| 40▼1 | Nippon TungstenElectrical machinery parts business department | ¥5.94B | 0.0% | 11.1% | +2.6% | ¥130M |
| 41new | MarumaeFunctional Materials | ¥3.69B | 0.0% | 10.4% | — | ¥1.54B |
| 42▼1 | JMCSand casting services | ¥2.08B | 0.0% | 4.2% | — | ¥496.6M |
| 43▼1 | Wise HoldingsElectric Components | ¥1.79B | 0.0% | 2.3% | — | ¥951.6M |
* 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
- JX Advanced Metals771220
- Mitsui Kinzoku731017
- Furuya Metal75817
- Fujikura721216
- OSAKA Titanium technologies751312
- Sumitomo Metal Mining8411
- Swcc82810
- CK San-Etsu Metals8610
- Nittetsu Mining79129
- Sumitomo Electric Industries80128
- Uacj877
- ARE Holdings92
- Kobe Steel8411
- Furukawa Electric8213
- Dowa Holdings887
- Toho Zinc90
- Furukawa8510
- Nippon Light Metal Holdings Company8313
- Ryobi879
- Mitsubishi Materials898
- Matsuda Sangyo93
- Daiki Aluminium Industry95
- Chugai Mining98
- Sankyo Tateyama8119
- Merf97
Showing the 25 largest companies by revenue.
Ownership links
From the major-shareholder section of annual securities reports.
- CK San-Etsu MetalsIn industry
- SubsidiaryNippon Shindo55.4%
- ＥＮＥＯＳホールディングス㈱Outside
- AffiliateJX Advanced Metals42.4%
- ＶＴホールディングス株式会社Outside
- AffiliateWise Holdings35.5%
- 文化シヤッター株式会社Outside
- AffiliateFujisash23.5%
- 日本製鉄株式会社Outside
- StakeNittetsu Mining10.3%
- StakeOSAKA Titanium technologies4.9%
- Kobe SteelIn industry
- StakeOSAKA Titanium technologies8.2%
- Furukawa ElectricIn industry
- StakeUacj7.0%
- 株式会社カネカOutside
- StakeOnamba6.8%
- 住友不動産株式会社Outside
- 住友化学株式会社Outside
- StakeSankyo Tateyama5.0%
- Sumitomo Electric IndustriesIn industry
- StakeOnamba4.5%
- トヨタ自動車株式会社Outside
- StakeSumitomo Metal Mining4.1%
- 泉州電業株式会社Outside
- StakeJMACS Japan4.1%
- 日本毛織株式会社Outside
- 株式会社南都銀行Outside
- StakeOnamba3.9%
- 日本証券金融株式会社Outside
- StakeMitsuboshi3.9%
- 東京産業株式会社Outside
- StakeChugai Mining3.5%
- JX Advanced MetalsIn industry
- StakeSwcc3.3%
- StakeAsaka Riken3.2%
- 株式会社デンキョーグループホールディングスOutside
- StakeOnamba3.0%
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.
Compare the leaders side by side
- Sumitomo Metal Mining vs Uacj
- Sumitomo Metal Mining vs Sumitomo Electric Industries
- Sumitomo Metal Mining vs Furukawa Electric
- Uacj vs Sumitomo Electric Industries
- Uacj vs Furukawa Electric
- Sumitomo Electric Industries vs Furukawa Electric
- Sumitomo Metal Mining vs Uacj vs Sumitomo Electric Industries vs Furukawa Electric
All companies in Non-ferrous Metals & Wires (by revenue)
All 43 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.
- Sumitomo Electric Industries¥1.82T · 10.9%
- Mitsubishi Materials¥1.51T · 5.1%
- Sumitomo Metal Mining¥1.3T
- Kobe Steel¥1.28T · 0.9%
- Furukawa Electric¥1.27T · 5.6%
- Uacj¥1.18T · 6.5%
- Fujikura¥810B · 21.2%
- JX Advanced Metals¥705.5B · 24.2%
- Nippon Light Metal Holdings Company¥585.5B · 5.0%
- Matsuda Sangyo¥570.4B · 3.4%
- ARE Holdings¥569.9B · 6.2%
- Dowa Holdings¥499.4B · 5.9%
- Mitsui Kinzoku¥388.8B · 20.3%
- Daiki Aluminium Industry¥325.3B · 2.1%
- Chugai Mining¥278.2B · 1.0%
- Ryobi¥274.3B · 4.1%
- Swcc¥270.3B · 10.1%
- Sankyo Tateyama¥146.9B · -0.1%
- CK San-Etsu Metals¥131.4B · 8.5%
- Nittetsu Mining¥120.3B · 5.6%
- Toho Zinc¥117.6B · 5.2%
- Furukawa¥103.1B · 3.7%
- Merf¥81.9B · 0.0%
- Furuya Metal¥56B
- OSAKA Titanium technologies¥47B · 11.8%
- Onamba¥44.4B · 5.9%
- Nihon Seiko¥40.8B · 14.8%
- Hirakawa Hewtech¥33.5B · 13.3%
- Kitz¥32.5B · 2.7%
- Nippon Shindo¥30.1B · 8.9%
- Fujisash¥22.5B · 1.2%
- Canare Electric¥11.4B · 13.8%
- Kawai Musical Instruments Manufacturing¥10.3B · 7.3%
- Mitsuboshi¥9.24B · 5.3%
- Pacific Metals¥8.66B · -55.7%
- Asaka Riken¥7.27B · 4.2%
- STG¥6.82B · 5.0%
- Ahresty¥6.62B · 3.8%
- JMACS Japan¥6.03B · 8.3%
- Nippon Tungsten¥5.94B · 11.1%
- Marumae¥3.69B · 10.4%
- JMC¥2.08B · 4.2%
- Wise Holdings¥1.79B · 2.3%
Revenue · Op. margin
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