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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedMay 31, 2023
DataAggregated Company Financials
Companies4021
  • 7D-0.3%
  • 3M7.5%
  • 1Y12.1%
  • YTD14.5%

The market has been flat in the last week, however the Consumer Staples sector is down 3.2%. As for the longer term, the market has risen 12% in the past 12 months. Looking forward, earnings are forecast to grow by 8.9% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 31 May 2023JP¥791.9tJP¥962.0tJP¥51.2t13.4x15.5x0.8x
Fri, 28 Apr 2023JP¥749.6tJP¥938.2tJP¥46.6t13x16.1x0.8x
Sun, 26 Mar 2023JP¥711.0tJP¥935.6tJP¥46.2t12.6x15.4x0.8x
Tue, 21 Feb 2023JP¥738.6tJP¥936.5tJP¥46.7t12.7x15.8x0.8x
Thu, 19 Jan 2023JP¥714.4tJP¥905.7tJP¥49.2t12.2x14.5x0.8x
Sat, 17 Dec 2022JP¥723.4tJP¥904.2tJP¥49.2t12.4x14.7x0.8x
Mon, 14 Nov 2022JP¥732.9tJP¥900.7tJP¥49.9t12.4x14.7x0.8x
Wed, 12 Oct 2022JP¥698.3tJP¥864.6tJP¥45.7t12.2x15.3x0.8x
Fri, 09 Sep 2022JP¥729.0tJP¥864.2tJP¥45.7t12.7x16x0.8x
Sun, 07 Aug 2022JP¥726.2tJP¥853.9tJP¥49.3t12.7x14.7x0.9x
Tue, 05 Jul 2022JP¥697.3tJP¥838.2tJP¥49.3t12.4x14.1x0.8x
Thu, 02 Jun 2022JP¥717.6tJP¥837.4tJP¥49.5t12.6x14.5x0.9x
Sat, 30 Apr 2022JP¥709.9tJP¥820.2tJP¥51.6t12.3x13.8x0.9x
Mon, 28 Mar 2022JP¥740.1tJP¥821.6tJP¥51.1t12.6x14.5x0.9x
Wed, 23 Feb 2022JP¥714.6tJP¥821.2tJP¥50.8t9.9x14.1x0.9x
Fri, 21 Jan 2022JP¥726.1tJP¥804.9tJP¥48.5t12.6x15x0.9x
Sun, 19 Dec 2021JP¥748.0tJP¥800.0tJP¥48.4t13.1x15.5x0.9x
Tue, 16 Nov 2021JP¥776.1tJP¥799.8tJP¥48.1t13.7x16.1x1x
Thu, 14 Oct 2021JP¥748.9tJP¥787.1tJP¥44.7t14.3x16.7x1x
Sat, 11 Sep 2021JP¥790.9tJP¥788.3tJP¥44.7t15.3x17.7x1x
Mon, 09 Aug 2021JP¥732.0tJP¥788.7tJP¥44.6t14.5x16.4x0.9x
Sun, 02 May 2021JP¥723.2tJP¥757.0tJP¥35.0t16.3x20.7x1x
Wed, 03 Feb 2021JP¥690.3tJP¥747.0tJP¥23.5t17.2x29.4x0.9x
Sat, 07 Nov 2020JP¥602.6tJP¥754.2tJP¥21.2t16.4x28.4x0.8x
Fri, 31 Jul 2020JP¥570.8tJP¥773.9tJP¥22.4t15.1x25.5x0.7x
Price to Earnings Ratio

20.4x


Total Market Cap: JP¥593.1tTotal Earnings: JP¥29.0tTotal Revenue: JP¥805.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 21x202120222023
Current Market PE
  • Investors are pessimistic on the Japanese market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 15.5x which is lower than its 3-year average PE of 21.0x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 21% per year over the last three years.
  • Revenues for these companies have grown 6.1% 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-0.25%
Tech2.50%
Utilities1.70%
Energy0.20%
Industrials-0.075%
Real Estate-0.22%
Consumer Discretionary-0.24%
Materials-0.25%
Financials-0.71%
Telecom-1.20%
Healthcare-1.29%
Consumer Staples-3.23%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading close to its 3-year average PE ratio of 29.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 11.7%, which is higher than its past year's earnings growth of 2.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 16% over the next 5 years.
  • However this is lower than its past earnings growth rate of 28% per year.
  • In contrast, the Energy industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
7203 Toyota MotorJP¥1.94k4.5%
+JP¥1.1t
-8.6%PE10.7xConsumer Discretionary
6857 AdvantestJP¥18.09k28.4%
+JP¥736.9b
103.3%PE25.6xTech
8035 Tokyo ElectronJP¥19.71k8.4%
+JP¥716.6b
0.3%PE19.6xTech
9984 SoftBank GroupJP¥5.51k6.4%
+JP¥482.8b
2.4%PS1.2xTelecom
8058 MitsubishiJP¥5.94k5.5%
+JP¥441.8b
34.1%PE7.2xIndustrials
See more
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Market Insights

The best luxury goods are typically “better quality” than their cheaper counterparts in the sense that they are more durable...

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Latest News

3382

JP¥6,053.00

Seven & i Holdings

7D

-6.8%

1Y

11.9%

6857

JP¥18,090.00

Advantest

7D

28.4%

1Y

103.3%

6367

JP¥26,700.00

Daikin IndustriesLtd

7D

-2.6%

1Y

29.1%

9984

JP¥5,510.00

SoftBank Group

7D

6.4%

1Y

2.4%

4612

JP¥1,082.00

Nippon Paint Holdings

7D

-8.7%

1Y

12.9%

7203

JP¥1,940.00

Toyota Motor

7D

4.5%

1Y

-8.6%

6098

JP¥4,395.00

Recruit Holdings

7D

-2.9%

1Y

-7.2%

8035

JP¥19,710.00

Tokyo Electron

7D

8.4%

1Y

0.3%

4568

JP¥4,570.00

Daiichi Sankyo Company

7D

-6.2%

1Y

33.7%

8058

JP¥5,943.00

Mitsubishi

7D

5.5%

1Y

34.1%

9432

JP¥4,015.00

Nippon Telegraph and Telephone

7D

-3.7%

1Y

2.7%

7741

JP¥17,335.00

HOYA

7D

7.0%

1Y

25.5%

8002

JP¥2,129.50

Marubeni

7D

8.7%

1Y

57.3%

8031

JP¥4,651.00

Mitsui

7D

4.8%

1Y

43.9%

4661

JP¥5,281.00

Oriental Land

7D

-2.9%

1Y

37.5%

9983

JP¥33,310.00

Fast Retailing

7D

-2.9%

1Y

61.3%