59 companies · FY2026 results (earnings releases, consolidated)
Shin-Etsu ranks first for operating profit in the Chemical industry at ¥635.2B. The top three are Shin-Etsu (¥635.2B), Fujifilm (¥350.2B) and Nippon Paint (¥257.1B).
Across the 59 companies the average is ¥60.1B and the median ¥27.9B. Kureha comes last at ¥-18.6B.
13 of 59 companies are above the average.
One company posted an operating loss: Kureha.
Chemical Industry TOP3




















































Shares 1Y is a closing-price reference (vs. about a year earlier). YoY compares with the previous full-year results.
| Rank | Company | Operating profit | Average salary | Revenue | Operating margin |
|---|---|---|---|---|---|
| 1 | Shin-Etsu4063 | ¥635.2B | ¥8.76M | ¥2.6T | 24.7% |
| 2 | Fujifilm4901 | ¥350.2B | ¥10.9M | ¥3.4T | 10.4% |
| 3 | Nippon Paint4612 | ¥257.1B | ¥10.8M | ¥1.8T | 14.5% |
| 4 | Asahi Kasei3407 | ¥231.2B | ¥8.00M | ¥3.1T | 7.5% |
| 5 | Nippon Sanso HD4091 | ¥197.9B | ¥10.3M | ¥1.4T | 14.6% |
| 6 | Nitto6988 | ¥185.7B | ¥8.34M | ¥1.0T | 18.3% |
| 7 | Sumitomo Chemical4005 | ¥151.7B | ¥8.18M | ¥2.3T | 6.5% |
| 8 | Sekisui Chemical4204 | ¥106.5B | ¥9.35M | ¥1.3T | 8.1% |
| 9 | Toray3402 | ¥97.2B | ¥8.21M | ¥2.6T | 3.8% |
| 10 | Tosoh4042 | ¥95.5B | ¥7.96M | ¥1.0T | 9.4% |
| 11 | Air Water4088 | ¥75.2B | ¥8.16M | ¥1.1T | 7.0% |
| 12 | Mitsui Chemicals4183 | ¥73.8B | ¥8.72M | ¥1.7T | 4.4% |
| 13 | Nissan Chemical4021 | ¥63.6B | ¥8.71M | ¥279.6B | 22.7% |
| 14 | Kuraray3405 | ¥58.9B | ¥8.02M | ¥808.4B | 7.3% |
| 15 | DIC4631 | ¥52.2B | ¥7.99M | ¥1.1T | 5.0% |
| 16 | Kansai Paint4613 | ¥49.7B | ¥8.45M | ¥589.8B | 8.4% |
| 17 | NOF4403 | ¥47.4B | ¥8.44M | ¥258.0B | 18.4% |
| 18 | Resonac4004 | ¥46.7B | ¥10.3M | ¥1.3T | 3.5% |
| 19 | MGC4182 | ¥45.3B | ¥9.08M | ¥738.2B | 6.1% |
| 20 | Daicel4202 | ¥42.1B | ¥8.65M | ¥579.6B | 7.3% |
| 21 | ADEKA4401 | ¥41.6B | ¥7.82M | ¥416.6B | 10.0% |
| 22 | Dexerials4980 | ¥38.1B | ¥7.59M | ¥113.8B | 33.5% |
| 23 | Tokuyama4043 | ¥37.0B | ¥7.32M | ¥349.5B | 10.6% |
| 24 | Zeon4205 | ¥36.4B | ¥7.76M | ¥412.0B | 8.8% |
| 25 | Sumitomo Bakelite4203 | ¥35.5B | ¥8.17M | ¥319.9B | 11.1% |
| 26 | Kaneka4118 | ¥32.9B | ¥8.24M | ¥811.6B | 4.1% |
| 27 | Taiyo Holdings4626 | ¥32.5B | ¥9.85M | ¥137.9B | 23.6% |
| 28 | Mitsubishi Chemical4188 | ¥30.1B | ¥10.6M | ¥3.7T | 0.8% |
| 29 | Aica4206 | ¥29.1B | ¥8.17M | ¥251.8B | 11.6% |
| 30 | Toyobo3101 | ¥27.9B | ¥6.85M | ¥421.6B | 6.6% |
| 31 | Denka4061 | ¥26.2B | ¥7.55M | ¥384.2B | 6.8% |
| 32 | Nippon Kayaku4272 | ¥22.5B | ¥7.98M | ¥241.9B | 9.3% |
| 33 | artience4634 | ¥20.8B | ¥8.12M | ¥350.0B | 5.9% |
| 34 | Ishihara4028 | ¥19.1B | ¥7.66M | ¥154.9B | 12.3% |
| 35 | UBE4208 | ¥18.9B | ¥7.74M | ¥462.3B | 4.1% |
| 36 | FUSO Chemical4368 | ¥18.9B | ¥7.58M | ¥76.9B | 24.5% |
| 37 | Osaka Soda4046 | ¥17.6B | ¥7.27M | ¥100.0B | 17.6% |
| 38 | Nippon Shokubai4114 | ¥17.5B | ¥8.59M | ¥399.9B | 4.4% |
| 39 | CMP4617 | ¥17.4B | ¥7.64M | ¥139.4B | 12.5% |
| 40 | Sakata INX4633 | ¥15.2B | ¥8.26M | ¥257.7B | 5.9% |
| 41 | Nippon Soda4041 | ¥15.0B | ¥9.49M | ¥152.1B | 9.8% |
| 42 | Nihon Parkerizing4095 | ¥14.8B | ¥8.05M | ¥138.2B | 10.7% |
| 43 | Sumitomo Seika4008 | ¥14.5B | ¥6.85M | ¥148.4B | 9.7% |
| 44 | Toagosei4045 | ¥14.2B | ¥7.40M | ¥162.3B | 8.7% |
| 45 | JCU4975 | ¥12.2B | ¥8.21M | ¥29.7B | 41.0% |
| 46 | KH Neochem4189 | ¥11.2B | ¥7.32M | ¥115.1B | 9.8% |
| 47 | Central Glass4044 | ¥10.0B | ¥7.17M | ¥144.5B | 6.9% |
| 48 | Sanyo Chemical4471 | ¥10.0B | ¥8.22M | ¥127.9B | 7.8% |
| 49 | T. Hasegawa4958 | ¥8.5B | ¥7.60M | ¥73.5B | 11.6% |
| 50 | Takasago4914 | ¥8.1B | ¥9.08M | ¥225.1B | 3.6% |
| 51 | Asahi Yukizai4216 | ¥7.6B | ¥6.83M | ¥80.1B | 9.5% |
| 52 | Sakai Chemical4078 | ¥6.5B | ¥6.54M | ¥81.4B | 7.9% |
| 53 | Osaka Organic4187 | ¥6.2B | ¥8.58M | ¥36.3B | 17.1% |
| 54 | Tri Chemical4369 | ¥5.9B | ¥8.38M | ¥23.9B | 24.7% |
| 55 | MEC4971 | ¥5.7B | ¥7.83M | ¥20.9B | 27.4% |
| 56 | Sekisui Jushi4212 | ¥5.7B | ¥6.48M | ¥78.2B | 7.3% |
| 57 | Kanto Denka4047 | ¥5.5B | ¥7.38M | ¥65.4B | 8.4% |
| 58 | Stella Chemifa4109 | ¥4.6B | ¥7.32M | ¥36.8B | 12.6% |
| 59 | Kureha4023 | ¥-18.6B | ¥7.42M | ¥161.7B | -11.5% |
Revenue and operating profit are from the latest full-year consolidated results. Average salary is for the reporting entity per its annual securities report; pure holding companies with fewer than 50 staff are excluded.