Prices as of 2026/10/30 close
Company comparison · Specialty & Functional Chemicals
Shin-Etsu is the largest by revenue at ¥2.6T, followed by Tosoh (¥1.0T), Kuraray (¥808.4B) and Kureha (¥161.7B).
Shin-Etsu has the highest operating margin at 24.7%, 36.2 points above the lowest, Kureha (-11.5%).
Revenue growth in the latest results: Shin-Etsu +0.5%, Kureha −0.2%, Kuraray −2.2%, Tosoh −4.1%.
Shin-Etsu pays the most on average (¥8.76M), ¥1.34M more than Kureha (¥7.42M).
Over the past year the shares moved Shin-Etsu +28.9%, Tosoh +15.9%, Kureha +14.0%, Kuraray +10.9%.
Head-to-head wins17 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Shin-Etsu aheadShin-Etsu 3 : Tosoh 0 : Kuraray 0 : Kureha 0
Revenue: Shin-Etsu ¥2.6T / Tosoh ¥1.0T / Kuraray ¥808.4B / Kureha ¥161.7B
ProfitabilityInvestors
Shin-Etsu aheadShin-Etsu 3 : Tosoh 0 : Kuraray 1 : Kureha 0
Operating margin: Shin-Etsu 24.7% / Tosoh 9.4% / Kuraray 7.3% / Kureha −11.5%
GrowthInvestors
Shin-Etsu aheadShin-Etsu 2 : Tosoh 1 : Kuraray 0 : Kureha 1
Revenue growth (YoY): Shin-Etsu +0.5% / Tosoh −4.1% / Kuraray −2.2% / Kureha −0.2%
Stock & balance sheetInvestors
Shin-Etsu aheadShin-Etsu 2 : Tosoh 0 : Kuraray 1 : Kureha 0
Share price, 1 year: Shin-Etsu +28.9% / Tosoh +15.9% / Kuraray +10.9% / Kureha +14.0%
Pay & workforceJob seekers
Shin-Etsu aheadShin-Etsu 2 : Tosoh 0 : Kuraray 0 : Kureha 1
Average salary: Shin-Etsu ¥8.76M / Tosoh ¥7.96M / Kuraray ¥8.02M / Kureha ¥7.42M
| Metric | Shin-Etsu | Tosoh | Kuraray | Kureha |
|---|---|---|---|---|
| Revenue | ◎¥2.6T | ¥1.0T | ¥808.4B | ¥161.7B |
| Operating profit | ◎¥635.2B | ¥95.5B | ¥58.9B | −¥18.6B |
| Net income | ◎¥474.5B | ¥41.6B | ¥7.5B | −¥10.7B |
| Metric | Shin-Etsu | Tosoh | Kuraray | Kureha |
|---|---|---|---|---|
| Operating margin | ◎24.7% | 9.4% | 7.3% | −11.5% |
| Net margin | ◎18.4% | 4.1% | 0.9% | −6.6% |
| ROE | — | — | ◎1.0% | −5.7% |
| Revenue per employee | ◎¥663M | ¥258M | ¥177M | ¥99M |
| Metric | Shin-Etsu | Tosoh | Kuraray | Kureha |
|---|---|---|---|---|
| Revenue growth (YoY) | ◎+0.5% | −4.1% | −2.2% | −0.2% |
| Operating profit growth (YoY) | −14.4% | ◎−3.4% | −30.8% | — |
| Revenue CAGRlast 5 years | ◎+11.5% | +6.8% | +6.5% | — |
| Guidance: revenue growthnext FY plan | — | — | +5.1% | ◎+6.4% |
| Guidance: op. profit growthnext FY plan | — | — | +18.9% | — |
| Metric | Shin-Etsu | Tosoh | Kuraray | Kureha |
|---|---|---|---|---|
| Share price, 1 year | ◎+28.9% | +15.9% | +10.9% | +14.0% |
| Share price, 3 months | ◎+3.6% | −5.4% | −1.8% | −1.5% |
| P/E (trailing)lower = cheaper | — | — | 78.2x | — |
| Equity ratio | — | — | ◎57.9% | 49.4% |
| Share price (close) | ¥5,966 | ¥2,537.5 | ¥1,847 | ¥4,195 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Shin-Etsu | Tosoh | Kuraray | Kureha |
|---|---|---|---|---|
| Average salary | ◎¥8.76M | ¥7.96M | ¥8.02M | ¥7.42M |
| Starting salary (monthly) | ◎¥304,450 | ¥283,083 | ¥303,700 | ¥294,000 |
| Average tenure | 19.2 yrs | 13.5 yrs | 17.7 yrs | ◎19.8 yrs |
| Average age | 41.3 | 38.5 | 42.0 | 43.6 |
| Employees | 3,881 | 3,954 | 4,569 | 1,631 |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥5,966+28.9% (1Y)
Shin-Etsu +28.9% over 1Y. Compared: Tosoh +15.9%, Kuraray +10.9%, Kureha +14.0%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Shin-Etsu4 segments
Tosoh4 segments
Kuraray6 segments
Kureha5 segments
AAverage annual salary from the securities filings: Shin-Etsu ¥8.76M, Kuraray ¥8.02M, Tosoh ¥7.96M, Kureha ¥7.42M. Shin-Etsu pays the most. Averages also depend on staff age and job mix, so check the average age too (Shin-Etsu 41.3, Tosoh 38.5, Kuraray 42.0, Kureha 43.6).
ARevenue in the latest results: Shin-Etsu ¥2.6T, Tosoh ¥1.0T, Kuraray ¥808.4B, Kureha ¥161.7B. Shin-Etsu is the largest by revenue at ¥2.6T, followed by Tosoh (¥1.0T), Kuraray (¥808.4B) and Kureha (¥161.7B).
AOperating margins: Shin-Etsu 24.7%, Tosoh 9.4%, Kuraray 7.3%, Kureha -11.5%. Shin-Etsu turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Shin-Etsu +28.9%, Tosoh +15.9%, Kureha +14.0%, Kuraray +10.9%. Shin-Etsu has risen the most.
Comparing 4 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.
