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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedDec 08, 2025
DataAggregated Company Financials
Companies3949
  • 7D-0.6%
  • 3M6.6%
  • 1Y22.3%
  • YTD21.4%

The market has been flat in the last week, however the Utilities sector is down 7.4%. Meanwhile, the market is actually up 22% over the past year. Looking forward, earnings are forecast to grow by 8.3% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 08 Dec 2025JP¥1138.8tJP¥1030.1tJP¥64.2t14x17.7x1.1x
Wed, 05 Nov 2025JP¥1129.9tJP¥1027.9tJP¥61.3t14.4x18.4x1.1x
Fri, 03 Oct 2025JP¥1056.5tJP¥1023.7tJP¥59.7t14.3x17.7x1x
Sun, 31 Aug 2025JP¥1061.4tJP¥1026.5tJP¥59.8t14.5x17.7x1x
Tue, 29 Jul 2025JP¥1008.3tJP¥1020.9tJP¥61.6t13.8x16.4x1x
Thu, 26 Jun 2025JP¥962.5tJP¥1029.5tJP¥63.6t13.3x15.1x0.9x
Sat, 24 May 2025JP¥952.3tJP¥1032.3tJP¥63.7t12.8x14.9x0.9x
Mon, 21 Apr 2025JP¥897.8tJP¥1021.5tJP¥64.3t12.6x14x0.9x
Wed, 19 Mar 2025JP¥967.3tJP¥1020.1tJP¥64.4t13.4x15x0.9x
Fri, 14 Feb 2025JP¥965.7tJP¥1017.6tJP¥63.8t13.4x15.1x0.9x
Sun, 12 Jan 2025JP¥945.7tJP¥1009.6tJP¥61.9t13.5x15.3x0.9x
Tue, 10 Dec 2024JP¥953.1tJP¥1009.4tJP¥61.8t13.5x15.4x0.9x
Thu, 07 Nov 2024JP¥948.5tJP¥1001.5tJP¥59.3t13.3x16x0.9x
Sat, 05 Oct 2024JP¥947.8tJP¥1000.1tJP¥60.1t13.5x15.8x0.9x
Mon, 02 Sep 2024JP¥956.4tJP¥999.7tJP¥60.0t13.6x15.9x1x
Wed, 31 Jul 2024JP¥967.9tJP¥987.2tJP¥58.5t14.3x16.5x1x
Fri, 28 Jun 2024JP¥983.4tJP¥988.6tJP¥58.6t14.5x16.8x1x
Sun, 26 May 2024JP¥965.8tJP¥988.0tJP¥58.6t14x16.5x1x
Tue, 23 Apr 2024JP¥932.2tJP¥975.0tJP¥57.0t14.2x16.4x1x
Thu, 21 Mar 2024JP¥981.0tJP¥976.6tJP¥56.9t14.7x17.2x1x
Sat, 17 Feb 2024JP¥938.6tJP¥976.7tJP¥56.9t14.3x16.5x1x
Mon, 15 Jan 2024JP¥897.5tJP¥971.2tJP¥52.5t14.4x17.1x0.9x
Wed, 13 Dec 2023JP¥852.2tJP¥974.3tJP¥52.5t14x16.2x0.9x
Fri, 10 Nov 2023JP¥847.9tJP¥973.8tJP¥56.4t13.9x15x0.9x
Sun, 08 Oct 2023JP¥824.4tJP¥971.2tJP¥55.2t13.9x14.9x0.8x
Tue, 05 Sep 2023JP¥864.0tJP¥971.1tJP¥55.2t14.4x15.6x0.9x
Thu, 03 Aug 2023JP¥839.1tJP¥963.4tJP¥52.8t14.1x15.9x0.9x
Sat, 01 Jul 2023JP¥835.8tJP¥957.3tJP¥51.1t14x16.4x0.9x
Mon, 29 May 2023JP¥784.8tJP¥958.8tJP¥51.1t13.4x15.4x0.8x
Wed, 26 Apr 2023JP¥751.0tJP¥935.1tJP¥46.6t13.1x16.1x0.8x
Fri, 24 Mar 2023JP¥709.6tJP¥932.7tJP¥46.1t12.6x15.4x0.8x
Sun, 19 Feb 2023JP¥733.6tJP¥933.1tJP¥46.5t12.6x15.8x0.8x
Tue, 17 Jan 2023JP¥695.9tJP¥902.0tJP¥49.1t12.1x14.2x0.8x
Thu, 15 Dec 2022JP¥732.8tJP¥902.8tJP¥49.1t12.6x14.9x0.8x
Price to Earnings Ratio

14.9x


Total Market Cap: JP¥732.8tTotal Earnings: JP¥49.1tTotal Revenue: JP¥902.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 16x202320242025
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 17.7x which is higher than its 3-year average PE of 16.0x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 9.4% per year over the last three years.
  • Revenues for these companies have grown 4.5% 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 Market-0.64%
Financials2.21%
Telecom0.92%
Tech0.78%
Industrials0.02%
Materials-0.71%
Energy-2.40%
Healthcare-2.41%
Consumer Discretionary-2.76%
Consumer Staples-3.26%
Real Estate-3.26%
Utilities-7.43%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 23.8x.
    • Analysts are expecting annual earnings growth of 13.6%, which is lower than the prior year's growth of 15.2% per year.
  • The Utilities sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings growth rate of 6.9% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 4.3% 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
9984 SoftBank GroupJP¥18.66k12.8%
+JP¥2.9t
102.1%PE8.4xTelecom
7011 Mitsubishi Heavy IndustriesJP¥4.21k7.8%
+JP¥1.0t
83.4%PE53.7xIndustrials
6954 FanucJP¥5.91k17.2%
+JP¥810.9b
47.5%PE35xIndustrials
6503 Mitsubishi ElectricJP¥4.62k9.0%
+JP¥783.8b
78.2%PE23.9xIndustrials
8035 Tokyo ElectronJP¥33.16k4.8%
+JP¥701.4b
39.6%PE28.1xTech
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