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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedSep 17, 2025
DataAggregated Company Financials
Companies3953
  • 7D1.5%
  • 3M12.4%
  • 1Y23.0%
  • YTD15.3%

The market has climbed 1.5% in the last 7 days, lead by the Information Technology sector with a gain of 5.1%. As for the past 12 months, the market is up 23%. As for the next few years, earnings are expected to grow by 8.2% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Sep 2025JP¥1091.6tJP¥1026.5tJP¥59.8t14.9x18.2x1.1x
Fri, 15 Aug 2025JP¥1049.6tJP¥1022.7tJP¥58.6t14.3x17.9x1x
Sun, 13 Jul 2025JP¥973.6tJP¥1022.2tJP¥62.1t13.5x15.7x1x
Tue, 10 Jun 2025JP¥968.8tJP¥1035.0tJP¥63.7t13.2x15.2x0.9x
Thu, 08 May 2025JP¥941.4tJP¥1024.1tJP¥64.6t13.1x14.6x0.9x
Sat, 05 Apr 2025JP¥867.8tJP¥1020.9tJP¥64.1t12.2x13.5x0.9x
Mon, 03 Mar 2025JP¥935.5tJP¥1020.2tJP¥64.4t13x14.5x0.9x
Wed, 29 Jan 2025JP¥959.6tJP¥1009.9tJP¥61.9t13.7x15.5x1x
Fri, 27 Dec 2024JP¥954.0tJP¥1011.0tJP¥61.7t13.5x15.4x0.9x
Sun, 24 Nov 2024JP¥940.8tJP¥1007.3tJP¥61.7t13.6x15.2x0.9x
Tue, 22 Oct 2024JP¥940.5tJP¥1001.0tJP¥60.1t13.4x15.7x0.9x
Thu, 19 Sep 2024JP¥906.9tJP¥987.2tJP¥59.7t13.4x15.2x0.9x
Sat, 17 Aug 2024JP¥942.3tJP¥998.0tJP¥59.9t13.3x15.7x0.9x
Mon, 15 Jul 2024JP¥1015.3tJP¥987.1tJP¥58.6t14.6x17.3x1x
Wed, 12 Jun 2024JP¥976.4tJP¥988.9tJP¥58.6t14.2x16.7x1x
Fri, 10 May 2024JP¥961.0tJP¥976.3tJP¥56.9t14.5x16.9x1x
Sun, 07 Apr 2024JP¥962.0tJP¥975.8tJP¥56.9t14.5x16.9x1x
Tue, 05 Mar 2024JP¥966.2tJP¥975.8tJP¥56.9t14.4x17x1x
Thu, 01 Feb 2024JP¥915.1tJP¥971.4tJP¥52.4t14.8x17.5x0.9x
Sat, 30 Dec 2023JP¥855.2tJP¥971.2tJP¥52.5t14.1x16.3x0.9x
Mon, 27 Nov 2023JP¥867.4tJP¥977.6tJP¥53.1t14.1x16.3x0.9x
Wed, 25 Oct 2023JP¥815.9tJP¥972.0tJP¥55.3t13.7x14.8x0.8x
Fri, 22 Sep 2023JP¥865.9tJP¥971.4tJP¥55.2t14.3x15.7x0.9x
Sun, 20 Aug 2023JP¥815.4tJP¥970.5tJP¥55.1t13.7x14.8x0.8x
Tue, 18 Jul 2023JP¥818.6tJP¥957.5tJP¥50.6t13.7x16.2x0.9x
Thu, 15 Jun 2023JP¥836.9tJP¥959.2tJP¥51.1t13.8x16.4x0.9x
Sat, 13 May 2023JP¥769.4tJP¥946.2tJP¥47.1t13.5x16.3x0.8x
Mon, 10 Apr 2023JP¥723.3tJP¥934.4tJP¥46.6t12.7x15.5x0.8x
Wed, 08 Mar 2023JP¥748.3tJP¥933.7tJP¥46.7t13x16x0.8x
Fri, 03 Feb 2023JP¥723.9tJP¥909.5tJP¥48.6t12.5x14.9x0.8x
Sun, 01 Jan 2023JP¥701.8tJP¥903.1tJP¥49.1t12.2x14.3x0.8x
Tue, 29 Nov 2022JP¥743.2tJP¥902.8tJP¥49.1t12.8x15.1x0.8x
Thu, 27 Oct 2022JP¥714.9tJP¥865.2tJP¥45.7t12.4x15.6x0.8x
Sat, 24 Sep 2022JP¥713.9tJP¥863.4tJP¥45.6t12.4x15.6x0.8x
Price to Earnings Ratio

15.6x


Total Market Cap: JP¥713.9tTotal Earnings: JP¥45.6tTotal Revenue: JP¥863.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 15.8x202320242025
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 15.8x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 9.5% per year over the last three years.
  • Revenues for these companies have grown 5.9% 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 Market1.55%
Telecom5.28%
Tech5.13%
Energy3.48%
Utilities2.28%
Materials1.08%
Financials1.01%
Industrials0.85%
Real Estate0.78%
Consumer Staples0.37%
Consumer Discretionary-0.22%
Healthcare-0.54%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 23.0x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 13.1%, which is higher than its past year's earnings growth of 10.4% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 13.3x.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings growth rate of 3.8% per year.
  • In contrast, the Telecom 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
9984 SoftBank GroupJP¥18.12k11.3%
+JP¥2.6t
121.0%PE14.9xTelecom
8035 Tokyo ElectronJP¥24.35k15.1%
+JP¥1.5t
8.4%PE20.8xTech
6146 DiscoJP¥45.28k16.1%
+JP¥680.9b
30.0%PE39.6xTech
6857 AdvantestJP¥13.88k5.8%
+JP¥552.4b
126.6%PE44.6xTech
285A Kioxia HoldingsJP¥4.44k27.4%
+JP¥515.2b
n/aPE10.8xTech
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