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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedMar 31, 2026
DataAggregated Company Financials
Companies3913
  • 7D1.4%
  • 3M3.6%
  • 1Y32.4%
  • YTD1.7%

The market has climbed 1.4% in the last 7 days, lead by the Financials sector with a gain of 3.5%. As for the past 12 months, the market is up 32%. As for the next few years, earnings are expected to grow by 9.9% per annum.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 01 Apr 2026JP¥1193.7tJP¥1039.0tJP¥65.6t14.2x18.2x1.1x
Fri, 27 Feb 2026JP¥1314.3tJP¥1040.7tJP¥65.7t15.3x20x1.3x
Sun, 25 Jan 2026JP¥1227.9tJP¥1026.8tJP¥64.4t15.1x19.1x1.2x
Tue, 23 Dec 2025JP¥1154.6tJP¥1029.6tJP¥64.3t14.3x18x1.1x
Thu, 20 Nov 2025JP¥1107.7tJP¥1033.1tJP¥64.9t13.6x17.1x1.1x
Sat, 18 Oct 2025JP¥1083.4tJP¥1025.7tJP¥59.8t14.3x18.1x1.1x
Mon, 15 Sep 2025JP¥1088.4tJP¥1026.5tJP¥59.8t14.7x18.2x1.1x
Wed, 13 Aug 2025JP¥1052.5tJP¥1022.6tJP¥58.6t14.3x18x1x
Fri, 11 Jul 2025JP¥970.8tJP¥1022.2tJP¥62.1t13.4x15.6x0.9x
Sun, 08 Jun 2025JP¥963.7tJP¥1035.0tJP¥63.7t13.1x15.1x0.9x
Tue, 06 May 2025JP¥938.9tJP¥1024.1tJP¥64.6t12.9x14.5x0.9x
Thu, 03 Apr 2025JP¥921.8tJP¥1020.8tJP¥64.1t12.9x14.4x0.9x
Sat, 01 Mar 2025JP¥935.6tJP¥1020.2tJP¥64.4t13x14.5x0.9x
Mon, 27 Jan 2025JP¥957.3tJP¥1010.0tJP¥61.9t13.5x15.5x0.9x
Wed, 25 Dec 2024JP¥951.6tJP¥1010.9tJP¥61.8t13.4x15.4x0.9x
Fri, 22 Nov 2024JP¥936.1tJP¥1007.2tJP¥61.7t13.5x15.2x0.9x
Sun, 20 Oct 2024JP¥943.1tJP¥1001.0tJP¥60.1t13.5x15.7x0.9x
Tue, 17 Sep 2024JP¥908.1tJP¥1000.0tJP¥60.1t13.2x15.1x0.9x
Thu, 15 Aug 2024JP¥909.4tJP¥997.9tJP¥60.0t13x15.2x0.9x
Sat, 13 Jul 2024JP¥1015.3tJP¥987.0tJP¥58.5t14.6x17.4x1x
Mon, 10 Jun 2024JP¥968.3tJP¥989.6tJP¥58.6t14.1x16.5x1x
Wed, 08 May 2024JP¥971.9tJP¥974.4tJP¥56.5t14.5x17.2x1x
Fri, 05 Apr 2024JP¥971.9tJP¥975.8tJP¥56.9t14.6x17.1x1x
Sun, 03 Mar 2024JP¥966.6tJP¥975.7tJP¥56.9t14.5x17x1x
Tue, 30 Jan 2024JP¥908.2tJP¥971.3tJP¥52.4t14.8x17.3x0.9x
Thu, 28 Dec 2023JP¥854.7tJP¥971.2tJP¥52.5t14x16.3x0.9x
Sat, 25 Nov 2023JP¥867.5tJP¥977.7tJP¥53.1t14.1x16.3x0.9x
Mon, 23 Oct 2023JP¥820.7tJP¥971.7tJP¥55.3t13.8x14.9x0.8x
Wed, 20 Sep 2023JP¥882.3tJP¥971.3tJP¥55.2t14.5x16x0.9x
Fri, 18 Aug 2023JP¥821.2tJP¥970.5tJP¥55.1t13.8x14.9x0.8x
Sun, 16 Jul 2023JP¥818.6tJP¥957.6tJP¥50.6t13.8x16.2x0.9x
Tue, 13 Jun 2023JP¥817.9tJP¥959.2tJP¥51.1t13.7x16x0.9x
Thu, 11 May 2023JP¥766.0tJP¥943.3tJP¥47.3t13.5x16.2x0.8x
Sat, 08 Apr 2023JP¥723.3tJP¥934.0tJP¥46.6t12.7x15.5x0.8x
Price to Earnings Ratio

15.5x


Total Market Cap: JP¥723.3tTotal Earnings: JP¥46.6tTotal Revenue: JP¥934.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 16.4x202420252026
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 18.2x which is higher than its 3-year average PE of 16.4x.
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 3.6% 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 Market1.38%
Energy8.80%
Utilities5.95%
Healthcare4.16%
Consumer Staples3.53%
Financials3.46%
Materials1.79%
Industrials1.53%
Telecom0.36%
Consumer Discretionary-0.20%
Real Estate-1.06%
Tech-1.38%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 25.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 18.1%, which is higher than its past year's earnings growth of 11.3% per year.
  • The Telecom sector is the least preferred by investors for future growth, which is trading below its 3-year average of 23.2x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 5.1% 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
8766 Tokio Marine HoldingsJP¥7.31k6.6%
+JP¥847.9b		26.0%PE13xFinancials
4519 Chugai PharmaceuticalJP¥8.61k4.7%
+JP¥636.9b		26.9%PE32.7xHealthcare
8002 MarubeniJP¥5.62k4.9%
+JP¥430.3b		134.5%PE18.1xIndustrials
4063 Shin-Etsu ChemicalJP¥6.26k3.3%
+JP¥369.3b		47.8%PE23.9xMaterials
2914 Japan TobaccoJP¥6.02k3.4%
+JP¥355.1b		44.8%PE21.5xConsumer Staples
See more

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8766
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4519
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4519: Rich P/E And Clinical Setbacks Will Likely Restrain Future Upside

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4063
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1605
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