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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedMar 06, 2026
DataAggregated Company Financials
Companies3926
  • 7D-4.4%
  • 3M10.2%
  • 1Y33.9%
  • YTD6.5%

Over the past 7 days, the market has dropped 4.4% with the Industrials sector contributing the most to the decline. In contrast, the Energy sector has actually gained 3.8%. In the last year, the market is actually up 34%. Looking forward, earnings are forecast to grow by 9.5% annually.

Market Valuation and Performance

Has the Japanese Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 06 Mar 2026JP¥1253.9tJP¥1040.2tJP¥65.7t14.9x19.1x1.2x
Sun, 01 Feb 2026JP¥1211.1tJP¥1030.1tJP¥65.3t14.7x18.6x1.2x
Tue, 30 Dec 2025JP¥1162.2tJP¥1029.2tJP¥64.3t14.5x18.1x1.1x
Thu, 27 Nov 2025JP¥1138.1tJP¥1030.9tJP¥64.5t14.1x17.7x1.1x
Sat, 25 Oct 2025JP¥1117.8tJP¥1025.7tJP¥59.8t14.6x18.7x1.1x
Mon, 22 Sep 2025JP¥1084.6tJP¥1026.6tJP¥59.8t14.8x18.1x1.1x
Wed, 20 Aug 2025JP¥1075.2tJP¥1027.0tJP¥60.1t14.4x17.9x1x
Fri, 18 Jul 2025JP¥979.3tJP¥1021.1tJP¥62.0t13.5x15.8x1x
Sun, 15 Jun 2025JP¥959.2tJP¥1034.9tJP¥63.7t13.1x15.1x0.9x
Tue, 13 May 2025JP¥957.3tJP¥1026.7tJP¥64.3t13.2x14.9x0.9x
Thu, 10 Apr 2025JP¥824.4tJP¥1021.0tJP¥64.1t11.7x12.9x0.8x
Sat, 08 Mar 2025JP¥942.1tJP¥1019.9tJP¥64.3t13.1x14.6x0.9x
Mon, 03 Feb 2025JP¥969.5tJP¥1011.9tJP¥63.0t13.5x15.4x1x
Wed, 01 Jan 2025JP¥971.4tJP¥1010.9tJP¥61.7t13.7x15.7x1x
Fri, 29 Nov 2024JP¥938.4tJP¥1008.2tJP¥61.7t13.4x15.2x0.9x
Sun, 27 Oct 2024JP¥919.6tJP¥1001.7tJP¥60.1t13x15.3x0.9x
Tue, 24 Sep 2024JP¥932.2tJP¥1000.0tJP¥60.1t13.4x15.5x0.9x
Thu, 22 Aug 2024JP¥938.6tJP¥999.4tJP¥59.9t13.3x15.7x0.9x
Sat, 20 Jul 2024JP¥1001.3tJP¥987.5tJP¥58.6t14.5x17.1x1x
Mon, 17 Jun 2024JP¥966.9tJP¥989.0tJP¥58.6t14.2x16.5x1x
Wed, 15 May 2024JP¥964.6tJP¥980.4tJP¥57.5t14.4x16.8x1x
Fri, 12 Apr 2024JP¥976.0tJP¥976.5tJP¥56.9t14.8x17.2x1x
Sun, 10 Mar 2024JP¥972.0tJP¥975.9tJP¥56.9t14.6x17.1x1x
Tue, 06 Feb 2024JP¥915.4tJP¥968.5tJP¥53.4t14.7x17.2x0.9x
Thu, 04 Jan 2024JP¥854.9tJP¥971.2tJP¥52.5t14.1x16.3x0.9x
Sat, 02 Dec 2023JP¥863.4tJP¥977.6tJP¥53.1t14.1x16.3x0.9x
Mon, 30 Oct 2023JP¥821.6tJP¥971.7tJP¥55.4t13.7x14.8x0.8x
Wed, 27 Sep 2023JP¥862.4tJP¥971.5tJP¥55.3t14.5x15.6x0.9x
Fri, 25 Aug 2023JP¥834.5tJP¥971.1tJP¥55.2t14x15.1x0.9x
Sun, 23 Jul 2023JP¥826.3tJP¥957.8tJP¥50.6t14x16.3x0.9x
Tue, 20 Jun 2023JP¥836.6tJP¥959.3tJP¥51.1t14x16.4x0.9x
Thu, 18 May 2023JP¥782.3tJP¥956.1tJP¥49.1t13.4x15.9x0.8x
Sat, 15 Apr 2023JP¥743.0tJP¥934.9tJP¥46.6t13x15.9x0.8x
Mon, 13 Mar 2023JP¥746.7tJP¥933.6tJP¥46.7t13x16x0.8x
Price to Earnings Ratio

16x


Total Market Cap: JP¥746.7tTotal Earnings: JP¥46.7tTotal Revenue: JP¥933.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 16.3x202420252026
Current Market PE
  • Investors are optimistic on the Japanese market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 19.1x which is higher than its 3-year average PE of 16.3x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 12% per year over the last three years.
  • Revenues for these companies have grown 3.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Japanese Market?

JP Market-4.43%
Energy3.76%
Utilities-2.29%
Telecom-3.04%
Materials-3.34%
Industrials-3.62%
Real Estate-3.97%
Healthcare-4.58%
Consumer Staples-4.92%
Consumer Discretionary-4.97%
Financials-5.71%
Tech-5.76%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 24.9x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 16.5%, which is higher than its past year's earnings growth of 11.7% per year.
  • The Telecom sector is the least preferred by investors for future growth, which is trading below its 3-year average of 24.6x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 6.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
1605 InpexJP¥4.08k7.5%
+JP¥330.1b
111.6%PE12.1xEnergy
6098 Recruit HoldingsJP¥7.01k2.0%
+JP¥195.0b
-23.1%PE21.1xIndustrials
4063 Shin-Etsu ChemicalJP¥6.27k1.7%
+JP¥189.3b
41.4%PE24xMaterials
6701 NECJP¥4.44k2.4%
+JP¥141.5b
46.2%PE24.1xTech
6963 ROHMJP¥3.24k12.8%
+JP¥141.7b
114.3%PS2.6xTech
See more

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