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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedFeb 08, 2026
DataAggregated Company Financials
Companies3934
  • 7D3.4%
  • 3M11.6%
  • 1Y34.0%
  • YTD6.1%

Over the last 7 days, the market has risen 3.4%, driven by gains of 5.5% in the Industrials sector. As for the past 12 months, the market is up 34%. Earnings are forecast to grow by 9.3% annually.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 09 Feb 2026JP¥1250.7tJP¥1036.3tJP¥64.7t15x19.3x1.2x
Wed, 07 Jan 2026JP¥1196.2tJP¥1029.1tJP¥64.3t14.6x18.6x1.2x
Fri, 05 Dec 2025JP¥1149.9tJP¥1030.2tJP¥64.5t14.1x17.8x1.1x
Sun, 02 Nov 2025JP¥1137.4tJP¥1028.4tJP¥61.3t14.4x18.6x1.1x
Tue, 30 Sep 2025JP¥1077.8tJP¥1028.6tJP¥59.9t14.7x18x1x
Thu, 28 Aug 2025JP¥1055.6tJP¥1026.5tJP¥59.8t14.4x17.6x1x
Sat, 26 Jul 2025JP¥1014.8tJP¥1020.9tJP¥61.9t13.8x16.4x1x
Mon, 23 Jun 2025JP¥958.7tJP¥1029.2tJP¥63.5t13.2x15.1x0.9x
Wed, 21 May 2025JP¥954.5tJP¥1031.0tJP¥63.7t12.9x15x0.9x
Fri, 18 Apr 2025JP¥886.4tJP¥1021.5tJP¥64.2t12.4x13.8x0.9x
Sun, 16 Mar 2025JP¥945.4tJP¥1020.1tJP¥64.4t13.2x14.7x0.9x
Tue, 11 Feb 2025JP¥954.0tJP¥1017.3tJP¥64.9t13.4x14.7x0.9x
Thu, 09 Jan 2025JP¥964.5tJP¥1011.2tJP¥62.0t13.6x15.6x1x
Sat, 07 Dec 2024JP¥950.4tJP¥1009.2tJP¥61.7t13.4x15.4x0.9x
Mon, 04 Nov 2024JP¥925.9tJP¥1001.9tJP¥59.3t13.2x15.6x0.9x
Wed, 02 Oct 2024JP¥947.1tJP¥1000.0tJP¥60.1t13.5x15.8x0.9x
Fri, 30 Aug 2024JP¥949.1tJP¥999.6tJP¥60.0t13.5x15.8x0.9x
Sun, 28 Jul 2024JP¥949.9tJP¥987.0tJP¥58.5t14.1x16.2x1x
Tue, 25 Jun 2024JP¥966.8tJP¥989.0tJP¥58.6t14.3x16.5x1x
Thu, 23 May 2024JP¥965.3tJP¥988.8tJP¥58.5t14x16.5x1x
Sat, 20 Apr 2024JP¥950.0tJP¥975.0tJP¥57.0t14.4x16.7x1x
Mon, 18 Mar 2024JP¥953.0tJP¥975.9tJP¥56.9t14.5x16.7x1x
Wed, 14 Feb 2024JP¥934.7tJP¥974.2tJP¥56.6t14.5x16.5x1x
Fri, 12 Jan 2024JP¥881.9tJP¥971.1tJP¥52.4t14.5x16.8x0.9x
Sun, 10 Dec 2023JP¥842.6tJP¥974.3tJP¥52.5t13.9x16x0.9x
Tue, 07 Nov 2023JP¥856.8tJP¥972.9tJP¥56.8t14x15.1x0.9x
Thu, 05 Oct 2023JP¥842.2tJP¥971.2tJP¥55.2t13.6x15.3x0.9x
Sat, 02 Sep 2023JP¥855.9tJP¥971.1tJP¥55.2t14.3x15.5x0.9x
Mon, 31 Jul 2023JP¥836.6tJP¥961.3tJP¥51.5t14.1x16.2x0.9x
Wed, 28 Jun 2023JP¥823.1tJP¥957.2tJP¥51.1t13.8x16.1x0.9x
Fri, 26 May 2023JP¥787.8tJP¥958.8tJP¥51.0t13.5x15.4x0.8x
Sun, 23 Apr 2023JP¥748.2tJP¥935.1tJP¥46.6t13x16x0.8x
Tue, 21 Mar 2023JP¥692.1tJP¥922.5tJP¥46.1t12.4x15x0.8x
Thu, 16 Feb 2023JP¥731.9tJP¥932.4tJP¥46.7t12.6x15.7x0.8x
Price to Earnings Ratio

15.7x


Total Market Cap: JP¥731.9tTotal Earnings: JP¥46.7tTotal Revenue: JP¥932.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 16.2x202420252026
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 19.3x which is higher than its 3-year average PE of 16.2x.
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 Market3.36%
Financials6.45%
Energy6.18%
Utilities5.95%
Consumer Discretionary5.53%
Consumer Staples5.51%
Industrials5.48%
Real Estate3.89%
Materials3.55%
Healthcare1.78%
Tech-2.82%
Telecom-4.08%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 24.6x.
    • Analysts expect its future annual earnings growth (15.1%) to be largely in line with prior year's earnings growth.
    • The market's confidence could indicate that the market believes that analysts are underestimating future growth.
  • The Telecom sector is the least preferred by investors for future growth, which is trading below its 3-year average of 26.0x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings growth rate of 7.9% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 5.0% 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
7203 Toyota MotorJP¥3.78k7.9%
+JP¥3.6t		33.8%PE13.3xConsumer Discretionary
8058 MitsubishiJP¥4.72k15.3%
+JP¥2.2t		87.3%PE23.8xIndustrials
8316 Sumitomo Mitsui Financial GroupJP¥5.91k8.0%
+JP¥1.6t		57.8%PB1.4xFinancials
8306 Mitsubishi UFJ Financial GroupJP¥2.95k5.2%
+JP¥1.6t		54.4%PB1.6xFinancials
9983 Fast RetailingJP¥63.50k8.0%
+JP¥1.4t		30.0%PE43.4xConsumer Discretionary
See more

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