Non-Ferrous Metals
Japan's nonferrous metals sector within the Nikkei 225 includes companies involved in copper, aluminum, zinc, and precious metals refining and processing, as well as producers of advanced metal alloys and electronic materials. Japanese nonferrous companies are particularly strong in high-purity metals and specialty alloys critical for electronics manufacturing.
Electrification is a powerful demand driver across multiple nonferrous metals—copper for EV wiring and charging infrastructure, aluminum for lightweight vehicle construction, and specialty metals for battery systems. Japanese nonferrous companies with exposure to these electrification materials are experiencing accelerating demand and favorable long-term pricing dynamics.
Simple average of constituent stock price changes vs. previous close. Not a sector index.
This sector serves as a critical materials backbone for Japan's electronics and automotive industries. Companies producing high-purity copper foil for circuit boards, specialized aluminum alloys for vehicle lightweighting, and advanced bonding wires for semiconductors occupy strategically important positions in the technology supply chain.