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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedApr 11, 2026
DataAggregated Company Financials
Companies3906
  • 7D2.9%
  • 3M6.4%
  • 1Y49.6%
  • YTD7.6%

The market has climbed 3.7% in the last 7 days, lead by the Information Technology sector with a gain of 10%. The market is up 46% over the last 12 months. Looking forward, earnings are forecast to grow by 10% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 11 Apr 2026JP¥1261.6tJP¥1038.6tJP¥65.7t14.7x19.2x1.2x
Mon, 09 Mar 2026JP¥1258.9tJP¥1040.3tJP¥65.7t15x19.2x1.2x
Wed, 04 Feb 2026JP¥1235.2tJP¥1030.5tJP¥65.5t14.9x18.9x1.2x
Fri, 02 Jan 2026JP¥1156.4tJP¥1029.2tJP¥64.3t14.5x18x1.1x
Sun, 30 Nov 2025JP¥1146.9tJP¥1031.5tJP¥64.5t14.2x17.8x1.1x
Tue, 28 Oct 2025JP¥1136.5tJP¥1025.7tJP¥59.8t14.8x19x1.1x
Thu, 25 Sep 2025JP¥1091.2tJP¥1026.6tJP¥59.8t14.8x18.2x1.1x
Sat, 23 Aug 2025JP¥1069.2tJP¥1026.5tJP¥59.8t14.5x17.9x1x
Mon, 21 Jul 2025JP¥977.6tJP¥1021.1tJP¥62.0t13.5x15.8x1x
Wed, 18 Jun 2025JP¥969.4tJP¥1033.8tJP¥63.7t13.2x15.2x0.9x
Fri, 16 May 2025JP¥954.7tJP¥1027.2tJP¥63.6t13.1x15x0.9x
Sun, 13 Apr 2025JP¥865.2tJP¥1021.6tJP¥64.3t12.2x13.5x0.8x
Tue, 11 Mar 2025JP¥939.9tJP¥1019.9tJP¥64.3t13.1x14.6x0.9x
Thu, 06 Feb 2025JP¥955.3tJP¥1012.7tJP¥63.2t13.4x15.1x0.9x
Sat, 04 Jan 2025JP¥971.2tJP¥1010.9tJP¥61.7t13.7x15.7x1x
Mon, 02 Dec 2024JP¥936.3tJP¥1008.8tJP¥61.8t13.4x15.1x0.9x
Wed, 30 Oct 2024JP¥942.5tJP¥1001.9tJP¥60.1t13.3x15.7x0.9x
Fri, 27 Sep 2024JP¥957.9tJP¥1000.0tJP¥60.1t13.7x15.9x1x
Sun, 25 Aug 2024JP¥946.4tJP¥999.4tJP¥59.9t13.4x15.8x0.9x
Tue, 23 Jul 2024JP¥992.2tJP¥987.7tJP¥58.6t14.4x16.9x1x
Thu, 20 Jun 2024JP¥961.6tJP¥989.0tJP¥58.6t14.2x16.4x1x
Sat, 18 May 2024JP¥969.5tJP¥985.1tJP¥58.2t14.1x16.7x1x
Mon, 15 Apr 2024JP¥978.6tJP¥974.7tJP¥56.9t14.7x17.2x1x
Wed, 13 Mar 2024JP¥949.4tJP¥975.9tJP¥56.9t14.4x16.7x1x
Fri, 09 Feb 2024JP¥917.8tJP¥971.7tJP¥54.3t14.6x16.9x0.9x
Sun, 07 Jan 2024JP¥863.1tJP¥971.1tJP¥52.4t14.3x16.5x0.9x
Tue, 05 Dec 2023JP¥857.8tJP¥977.5tJP¥53.1t14.2x16.1x0.9x
Thu, 02 Nov 2023JP¥840.4tJP¥972.3tJP¥55.9t13.8x15x0.9x
Sat, 30 Sep 2023JP¥846.6tJP¥971.6tJP¥55.3t14.3x15.3x0.9x
Mon, 28 Aug 2023JP¥827.5tJP¥971.1tJP¥55.2t13.9x15x0.9x
Wed, 26 Jul 2023JP¥834.7tJP¥958.0tJP¥50.6t14.1x16.5x0.9x
Fri, 23 Jun 2023JP¥838.6tJP¥959.3tJP¥51.1t14x16.4x0.9x
Sun, 21 May 2023JP¥791.6tJP¥958.9tJP¥50.9t13.5x15.5x0.8x
Tue, 18 Apr 2023JP¥745.4tJP¥935.1tJP¥46.6t13x16x0.8x
Price to Earnings Ratio

16x


Total Market Cap: JP¥745.4tTotal Earnings: JP¥46.6tTotal Revenue: JP¥935.1tTotal 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 19.2x 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 3.5% 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 Market2.88%
Tech10.10%
Materials5.09%
Consumer Discretionary3.19%
Industrials2.73%
Financials2.38%
Real Estate1.74%
Healthcare-0.48%
Telecom-1.11%
Utilities-1.31%
Consumer Staples-2.37%
Energy-6.53%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 25.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 19.2%, 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 22.6x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 19% 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 3.9% 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
285A Kioxia HoldingsJP¥30.14k37.9%
+JP¥4.5t
1,420.7%PE98.5xTech
9983 Fast RetailingJP¥75.54k17.5%
+JP¥3.4t
65.9%PE48.4xConsumer Discretionary
8035 Tokyo ElectronJP¥44.04k14.6%
+JP¥2.6t
124.2%PE39.8xTech
6857 AdvantestJP¥24.99k15.9%
+JP¥2.5t
343.7%PE63.4xTech
5803 FujikuraJP¥5.63k22.0%
+JP¥1.7t
624.7%PE64.7xIndustrials
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