Semiconductor Materials industry map
Who earns the money in Semiconductor Materials, and who keeps it. When a company spans several industries, only the relevant segment is counted.
FY2025 · 65 companies · ¥7.68T
Industry map
Companies ordered by revenue, connected by ownership (major shareholders). Arrows point from the shareholder to the investee.
- Industry size (revenue)
- ¥7.68T
- Companies
- 65
- Avg. salary（parent only）
- ¥7.6M
- Industry weather
- Sunny
YoY +4.1%
Avg. age 41.9
Operating income +6.9%
Shin-Etsu Chemical[4063]
Electronics Materials
- Revenue
- ¥1.02T▲8.7%
- Operating income
- ¥344.5B▲6.1%
Margin 33.9%
Whole company: Revenue ¥2.57T · Net income ¥474.5B
Avg. salary ¥9M · 40.8（parent only）
Sumitomo Chemical[4005]
ICT and Mobility Solutions
- Revenue
- ¥574.2B▼5.4%
- Operating income
- ¥53B▼24.8%
Margin 9.2%
Whole company: Revenue ¥2.33T · Net income ¥60.9B
Avg. salary ¥9.6M · 42.4（parent only）
Resonac Holdings[4004]
Semiconductor and Electronic Materials
- Revenue
- ¥506.3B▲13.7%
- Operating income
- ¥108.4B▲47.0%
Margin 21.4%
Whole company: Revenue ¥1.35T · Net income ¥29B
Avg. salary ¥11.3M · 46.3（parent only）
Mitsubishi GAS Chemical Company[4182]
Specialty Chemicals Business Sector
- Revenue
- ¥448B▲1.0%
- Operating income
- ¥49.1B▲11.8%
Margin 11.0%
Whole company: Revenue ¥738.2B · Net income -¥40.3B
Avg. salary ¥9.1M · 41.0（parent only）
Sumco[3436]
- Revenue
- ¥409.7B▲3.3%
- Operating income
- ¥1.34B▼96.4%
Margin 0.3%
Avg. salary ¥6.4M · 42.7（parent only）
Hoya[7741]
Information Technology
- Revenue
- ¥354.8B▲14.0%
- Operating income
- —
Whole company: Revenue ¥947.7B · Net income ¥253.1B
Avg. salary ¥9.7M · 47.6（parent only）
AGC[5201]
Electronics
- Revenue
- ¥353.2B▼2.6%
- Operating income
- ¥47.5B▼12.7%
Margin 13.5%
Whole company: Revenue ¥2.06T · Net income ¥69.2B
Avg. salary ¥9.1M · 43.4（parent only）
Ajinomoto[2802]
Healthcare and others
- Revenue
- ¥341.5B▲4.0%
- Operating income
- —
Whole company: Revenue ¥1.58T · Net income ¥134.7B
Avg. salary ¥10.6M · 43.5（parent only）
Mitsui Kinzoku[5706]
Engineered Materials Sector
- Revenue
- ¥319.6B▲34.2%
- Operating income
- ¥66.5B▲65.0%
Margin 20.8%
Whole company: Revenue ¥758.5B · Net income ¥91.3B
Avg. salary ¥9M · 42.9（parent only）
- JX Advanced Metals・Joint venture
Mitsui Chemicals[4183]
ICT Solutions
- Revenue
- ¥279.4B▲0.7%
- Operating income
- ¥36.9B▲38.0%
Margin 13.2%
Whole company: Revenue ¥1.67T · Net income ¥34.4B
Avg. salary ¥8.7M · 40.0（parent only）
Dai Nippon Printing[7912]
Electronics
- Revenue
- ¥251.8B▲1.6%
- Operating income
- ¥50.7B▼11.6%
Margin 20.1%
Whole company: Revenue ¥1.51T · Net income ¥104B
Avg. salary ¥8.6M · 44.8（parent only）
Sumitomo Metal Mining[5713]
Materials
- Revenue
- ¥249.6B▼6.9%
- Operating income
- —
Whole company: Revenue ¥1.74T · Net income ¥176.3B
Avg. salary ¥8.1M · 40.8（parent only）
※ Card revenue and operating income cover only the segment in this industry; “Whole company” shows consolidated revenue and net income.
Other companies: Tokyo Ohka Kogyo · TOPPAN Holdings · Ferrotec · JX Advanced Metals · Tekscend Photomask · Sumitomo Bakelite · Denka · Lintec · Dowa Holdings · Taiyo Holdings · Tokuyama · Nissan Chemical · Nippon Kayaku · Fujimi · Shin-Etsu Polymer · Mitsui High-tec · Tokai Carbon · Kanto Denka Kogyo · Ulvac · RS Technologies · Fuso Chemical · Nichias · Daicel · Sumitomo Seika Chemicals · Stella Chemifa · SK-Electronics · JCU · toyo gosei · Central Glass · Tri Chemical Laboratories · Fujibo Holdings · Japan Pure Chemical · Daito Chemix · Osaka Organic Chemical Industry · Arakawa Chemical Industries · Ishihara Chemical · Harima Chemicals Group · Ohara · Furuya Metal · Miraial …+13
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 | Shin-Etsu ChemicalElectronics Materials | ¥1.02T | 13.2% | 33.9% | +9.4% | ¥356.7B |
| 2 | Sumitomo ChemicalICT and Mobility Solutions | ¥574.2B | 7.5% | 9.2% | — | — |
| 3 | Resonac HoldingsSemiconductor and Electronic Materials | ¥506.3B | 6.6% | 21.4% | — | ¥23.6B |
| 4 | Mitsubishi GAS Chemical CompanySpecialty Chemicals Business Sector | ¥448B | 5.8% | 11.0% | +11.9% | -¥2B |
| 5 | Sumco | ¥409.7B | 5.3% | 0.3% | +5.1% | -¥11B |
| 6▲2 | HoyaInformation Technology | ¥354.8B | 4.6% | — | +9.3% | ¥221.9B |
| 7▼1 | AGCElectronics | ¥353.2B | 4.6% | 13.5% | +3.9% | ¥64.9B |
| 8▼1 | AjinomotoHealthcare and others | ¥341.5B | 4.4% | — | +8.0% | ¥134.8B |
| 9▲4 | Mitsui KinzokuEngineered Materials Sector | ¥319.6B | 4.2% | 20.8% | +25.9% | ¥51.6B |
| 10 | Mitsui ChemicalsICT Solutions | ¥279.4B | 3.6% | 13.2% | +7.8% | ¥75.2B |
| 11▲1 | Dai Nippon PrintingElectronics | ¥251.8B | 3.3% | 20.1% | +4.5% | -¥32.6B |
| 12▼1 | Sumitomo Metal MiningMaterials | ¥249.6B | 3.2% | — | -0.4% | ¥16.2B |
| 13▲1 | Tokyo Ohka Kogyo | ¥237B | 3.1% | 20.0% | +14.1% | ¥9.82B |
| 14▼5 | TOPPAN HoldingsElectronics | ¥185.9B | 2.4% | 18.1% | -4.2% | -¥61.8B |
| 15 | FerrotecEquipment related | ¥185.1B | 2.4% | 8.7% | +19.7% | -¥25.3B |
| 16▲1 | JX Advanced MetalsSemiconductor materials | ¥176.6B | 2.3% | 22.4% | — | ¥32B |
| 17▲1 | Tekscend Photomask | ¥129.6B | 1.7% | 21.3% | +8.7% | ¥2.83B |
| 18▲3 | Sumitomo BakeliteSemiconductor materials | ¥106.4B | 1.4% | — | +8.8% | ¥19.6B |
| 19▲1 | DenkaElectronics and Innovative Products | ¥104.4B | 1.4% | 13.3% | +3.7% | -¥31.5B |
| 20▼1 | LintecElectronic and optics related | ¥100.7B | 1.3% | 22.0% | +2.5% | ¥18.2B |
| 21▼5 | Dowa HoldingsElectronic materials | ¥96.1B | 1.3% | 1.2% | -13.4% | -¥29.9B |
| 22▲1 | Taiyo HoldingsElectronics materials | ¥95.3B | 1.2% | 30.6% | +7.6% | ¥23B |
| 23▼1 | TokuyamaElectronic and Advanced Materials | ¥90.9B | 1.2% | 17.3% | — | ¥21.9B |
| 24 | Nissan ChemicalPerformance materials | ¥78.3B | 1.0% | 45.1% | +3.0% | ¥44.5B |
| 25 | Nippon KayakuFine Chemicals Business Unit | ¥74.1B | 1.0% | 16.1% | — | ¥3.92B |
| 26 | FujimiJapan + 3 more | ¥69.4B | 0.9% | 24.7% | +7.6% | -¥9.64B |
| 27 | Shin-Etsu PolymerPrecision molding products | ¥59.8B | 0.8% | 17.1% | +9.1% | ¥10.2B |
| 28 | Mitsui High-tecElectronic Parts | ¥59.6B | 0.8% | 6.8% | +0.2% | -¥4.66B |
| 29 | Tokai CarbonFine Carbon | ¥56B | 0.7% | 13.8% | +9.4% | ¥13B |
| 30 | Kanto Denka KogyoFine Chemicals Division | ¥52.5B | 0.7% | 9.3% | +1.8% | -¥1.27B |
| 31 | UlvacVacuum Application Business | ¥52.1B | 0.7% | 8.7% | +13.2% | ¥23.5B |
| 32▲1 | RS TechnologiesWafer reclaim business + 1 more | ¥46.3B | 0.6% | 30.9% | +15.4% | ¥7.17B |
| 33▲2 | Fuso ChemicalElectronic Materials Business Unit | ¥41.5B | 0.5% | 38.4% | — | ¥14.7B |
| 34▼2 | NichiasAdvanced products | ¥39.1B | 0.5% | 17.7% | +2.1% | ¥15.2B |
| 35▼1 | DaicelSmart | ¥37.7B | 0.5% | 1.4% | +3.8% | -¥178M |
| 36 | Sumitomo Seika ChemicalsFunction material | ¥31.9B | 0.4% | 9.1% | -2.8% | ¥4.21B |
| 37 | Stella ChemifaHigh purity chemical | ¥31.8B | 0.4% | 11.3% | -0.4% | ¥1.43B |
| 38 | SK-ElectronicsLarge-size photomask | ¥28.8B | 0.4% | 14.6% | — | ¥195.5M |
| 39▲1 | JCUChemical business | ¥26.9B | 0.4% | 47.2% | +4.1% | ¥1.52B |
| 40▲1 | toyo goseiPhotosensitivity materials | ¥26.4B | 0.3% | 4.0% | +6.5% | ¥2.68B |
| 41▼2 | Central GlassElectronic Materials Sales segment | ¥26.2B | 0.3% | 15.2% | — | ¥17.1B |
| 42▲1 | Tri Chemical Laboratories | ¥23.9B | 0.3% | 24.7% | +19.9% | -¥2.54B |
| 43▼1 | Fujibo HoldingsAbrasive | ¥22.6B | 0.3% | 28.3% | +10.5% | ¥3.7B |
| 44▲6 | Japan Pure Chemical | ¥18.1B | 0.2% | 3.2% | -0.9% | -¥849.1M |
| 45▼1 | Daito ChemixChemical products | ¥17.7B | 0.2% | 3.4% | +5.0% | ¥1.72B |
| 46▼1 | Osaka Organic Chemical IndustryElectronics materials | ¥16.7B | 0.2% | 16.7% | +3.5% | ¥5.87B |
| 47▲1 | Arakawa Chemical IndustriesFine chemicals and electronics | ¥14.7B | 0.2% | 6.1% | +3.5% | ¥382M |
| 48▼1 | Ishihara ChemicalPlating chemicals and automatic control equipment for chemicals + 1 more | ¥13.9B | 0.2% | 21.8% | +5.1% | ¥2.61B |
| 49 | Harima Chemicals GroupElectronic material | ¥13.7B | 0.2% | 2.7% | +21.5% | ¥4.23B |
| 50▼4 | OharaElectronics | ¥13.6B | 0.2% | 19.1% | +9.1% | -¥857.1M |
Showing the top 50. See all 65 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
- Operating costs
- SG&A
- Other
- Operating profit
- Shin-Etsu Chemical66925
- Taiyo Holdings512524
- Nissan Chemical532423
- Tekscend Photomask671121
- Tokyo Ohka Kogyo621820
- JX Advanced Metals771220
- Fujimi552520
- Mitsui Kinzoku731017
- Ajinomoto8713
- Sumitomo Metal Mining8411
- Sumitomo Bakelite692011
- Tokuyama642511
- Ferrotec72199
- Nippon Kayaku70219
- Lintec74188
- Sumitomo Chemical71247
- Dai Nippon Printing76177
- Denka75187
- Mitsubishi GAS Chemical Company7816
- AGC7618
- Dowa Holdings887
- Mitsui Chemicals7718
- TOPPAN Holdings7620
- Resonac Holdings7620
- Sumco8713
Showing the 25 largest companies by revenue.
Ownership links
From the major-shareholder section of annual securities reports.
- Shin-Etsu ChemicalIn industry
- SubsidiaryShin-Etsu Polymer53.5%
- TOPPAN HoldingsIn industry
- AffiliateTekscend Photomask46.6%
- StakeTomoegawa11.6%
- ＥＮＥＯＳホールディングス㈱Outside
- AffiliateJX Advanced Metals42.4%
- Sumitomo ChemicalIn industry
- AffiliateSumitomo Seika Chemicals32.4%
- StakeSumitomo Bakelite10.5%
- 日本製紙株式会社Outside
- AffiliateLintec30.0%
- StakeNippon Filcon5.7%
- 日本パーカライジング株式会社Outside
- ＤＩＣ株式会社Outside
- AffiliateTaiyo Holdings20.0%
- セイコーグループ株式会社Outside
- StakeOhara19.3%
- キヤノン株式会社Outside
- StakeOhara19.3%
- 王子ホールディングス株式会社Outside
- StakeNippon Filcon13.9%
- 大王製紙株式会社Outside
- StakeNippon Filcon9.3%
- 日本ゼオン株式会社Outside
- StakeKanto Denka Kogyo6.2%
- 株式会社ニコンOutside
- StakeSK-Electronics5.4%
- RS TechnologiesIn industry
- StakeRasa Industries5.1%
- Mitsui ChemicalsIn industry
- StakeTomoegawa5.0%
- Tokyo Ohka KogyoIn industry
- StakeDaito Chemix4.9%
- ㈱山梨中央銀行Outside
- StakeTri Chemical Laboratories4.3%
- トヨタ自動車株式会社Outside
- StakeSumitomo Metal Mining4.1%
- 株式会社千葉銀行Outside
- Staketoyo gosei3.8%
- Osaka Organic Chemical IndustryIn industry
- StakeDaito Chemix3.8%
- 富士フイルムホールディングス㈱Outside
- StakeDaicel3.3%
- 荏原実業株式会社Outside
- StakeJCU3.2%
- StakeShin-Etsu Chemical3.0%
- 日本化学産業株式会社Outside
- StakeJCU3.0%
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
All companies in Semiconductor Materials (by revenue)
All 65 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.
- Shin-Etsu Chemical¥1.02T · 33.9%
- Sumitomo Chemical¥574.2B · 9.2%
- Resonac Holdings¥506.3B · 21.4%
- Mitsubishi GAS Chemical Company¥448B · 11.0%
- Sumco¥409.7B · 0.3%
- Hoya¥354.8B
- AGC¥353.2B · 13.5%
- Ajinomoto¥341.5B
- Mitsui Kinzoku¥319.6B · 20.8%
- Mitsui Chemicals¥279.4B · 13.2%
- Dai Nippon Printing¥251.8B · 20.1%
- Sumitomo Metal Mining¥249.6B
- Tokyo Ohka Kogyo¥237B · 20.0%
- TOPPAN Holdings¥185.9B · 18.1%
- Ferrotec¥185.1B · 8.7%
- JX Advanced Metals¥176.6B · 22.4%
- Tekscend Photomask¥129.6B · 21.3%
- Sumitomo Bakelite¥106.4B
- Denka¥104.4B · 13.3%
- Lintec¥100.7B · 22.0%
- Dowa Holdings¥96.1B · 1.2%
- Taiyo Holdings¥95.3B · 30.6%
- Tokuyama¥90.9B · 17.3%
- Nissan Chemical¥78.3B · 45.1%
- Nippon Kayaku¥74.1B · 16.1%
- Fujimi¥69.4B · 24.7%
- Shin-Etsu Polymer¥59.8B · 17.1%
- Mitsui High-tec¥59.6B · 6.8%
- Ulvac¥58.4B · 7.3%
- Tokai Carbon¥56B · 13.8%
- Kanto Denka Kogyo¥52.5B · 9.3%
- RS Technologies¥46.3B · 30.9%
- Fuso Chemical¥41.5B · 38.4%
- Nichias¥39.1B · 17.7%
- Daicel¥37.7B · 1.4%
- Sumitomo Seika Chemicals¥31.9B · 9.1%
- Stella Chemifa¥31.8B · 11.3%
- SK-Electronics¥28.8B · 14.6%
- JCU¥26.9B · 47.2%
- toyo gosei¥26.4B · 4.0%
- Central Glass¥26.2B · 15.2%
- Tri Chemical Laboratories¥23.9B · 24.7%
- Fujibo Holdings¥22.6B · 28.3%
- Japan Pure Chemical¥18.1B · 3.2%
- Daito Chemix¥17.7B · 3.4%
- Osaka Organic Chemical Industry¥16.7B · 16.7%
- Arakawa Chemical Industries¥14.7B · 6.1%
- Ishihara Chemical¥13.9B · 21.8%
- Harima Chemicals Group¥13.7B · 2.7%
- Ohara¥13.6B · 19.1%
- Furuya Metal¥11.3B
- Miraial¥11.1B · 9.7%
- Toagosei¥10.2B · 11.5%
- Tomoegawa¥7.18B · 14.5%
- Furukawa¥6.95B · 5.3%
- Parker¥6.86B · 13.0%
- TAKEDA iP HOLDINGS¥6.39B · 8.9%
- Nippon Filcon¥4.56B · 8.1%
- Marumae¥3.69B · 10.4%
- Sonocom¥2.71B · 12.3%
- Rasa Industries¥2.4B · 29.1%
- atect¥1.17B · 8.8%
- EDP¥516.6M · -263.4%
- Kuramoto¥231.3M · -6.8%
- Nakamura Choukou¥230.9M · -48.5%
Revenue · Op. margin
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