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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedAug 02, 2026
DataAggregated Company Financials
Companies3878
  • 7D-0.4%
  • 3M6.7%
  • 1Y34.5%
  • YTD14.8%

Over the last 7 days, the market has remained flat, although notably the Consumer Discretionary sector gained 4.5% in that time. More promisingly, the market is up 34% over the past year. Looking forward, earnings are forecast to grow by 9.5% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 02 Aug 2026JP¥1334.5tJP¥1062.3tJP¥72.8t14x18.3x1.3x
Tue, 30 Jun 2026JP¥1348.3tJP¥1054.8tJP¥70.9t13.8x19x1.3x
Thu, 28 May 2026JP¥1328.9tJP¥1057.6tJP¥71.4t13.7x18.6x1.3x
Sat, 25 Apr 2026JP¥1258.2tJP¥1038.1tJP¥65.6t14.3x19.2x1.2x
Mon, 23 Mar 2026JP¥1219.9tJP¥1039.5tJP¥65.6t14.5x18.6x1.2x
Wed, 18 Feb 2026JP¥1276.9tJP¥1040.7tJP¥65.7t15.1x19.4x1.2x
Fri, 16 Jan 2026JP¥1238.0tJP¥1027.5tJP¥64.4t15x19.2x1.2x
Sun, 14 Dec 2025JP¥1157.9tJP¥1029.9tJP¥64.2t14.2x18x1.1x
Tue, 11 Nov 2025JP¥1133.4tJP¥1030.9tJP¥62.4t14.2x18.2x1.1x
Thu, 09 Oct 2025JP¥1102.7tJP¥1023.7tJP¥59.7t14.6x18.5x1.1x
Sat, 06 Sep 2025JP¥1069.9tJP¥1026.4tJP¥59.8t14.7x17.9x1x
Mon, 04 Aug 2025JP¥1015.4tJP¥1022.3tJP¥60.7t14.1x16.7x1x
Wed, 02 Jul 2025JP¥985.1tJP¥1027.5tJP¥62.8t13.4x15.7x1x
Fri, 30 May 2025JP¥976.9tJP¥1033.5tJP¥63.7t13x15.3x0.9x
Sun, 27 Apr 2025JP¥918.2tJP¥1021.6tJP¥64.4t12.8x14.3x0.9x
Tue, 25 Mar 2025JP¥968.8tJP¥1019.8tJP¥64.3t13.4x15.1x1x
Thu, 20 Feb 2025JP¥966.8tJP¥1020.5tJP¥64.4t13.3x15x0.9x
Sat, 18 Jan 2025JP¥933.6tJP¥1010.3tJP¥61.9t13.3x15.1x0.9x
Mon, 16 Dec 2024JP¥956.7tJP¥1009.6tJP¥61.8t13.5x15.5x0.9x
Wed, 13 Nov 2024JP¥956.2tJP¥1004.7tJP¥58.5t13.5x16.3x1x
Fri, 11 Oct 2024JP¥953.1tJP¥1000.0tJP¥60.1t13.5x15.9x1x
Sun, 08 Sep 2024JP¥916.7tJP¥999.7tJP¥60.1t13.3x15.3x0.9x
Tue, 06 Aug 2024JP¥789.6tJP¥991.7tJP¥58.6t11.5x13.5x0.8x
Thu, 04 Jul 2024JP¥1004.6tJP¥986.0tJP¥58.3t14.6x17.2x1x
Sat, 01 Jun 2024JP¥974.8tJP¥987.7tJP¥58.6t14.1x16.6x1x
Mon, 29 Apr 2024JP¥952.8tJP¥975.4tJP¥57.3t14.4x16.6x1x
Wed, 27 Mar 2024JP¥991.4tJP¥976.5tJP¥56.9t14.9x17.4x1x
Fri, 23 Feb 2024JP¥950.7tJP¥975.6tJP¥56.6t14.3x16.8x1x
Sun, 21 Jan 2024JP¥901.4tJP¥971.4tJP¥52.5t14.5x17.2x0.9x
Tue, 19 Dec 2023JP¥840.2tJP¥974.4tJP¥52.5t13.9x16x0.9x
Thu, 16 Nov 2023JP¥861.1tJP¥977.0tJP¥52.5t13.9x16.4x0.9x
Sat, 14 Oct 2023JP¥839.6tJP¥971.4tJP¥55.2t13.9x15.2x0.9x
Mon, 11 Sep 2023JP¥858.6tJP¥971.1tJP¥55.2t14.3x15.6x0.9x
Wed, 09 Aug 2023JP¥835.4tJP¥964.7tJP¥52.4t14.1x15.9x0.9x
Price to Earnings Ratio

15.9x


Total Market Cap: JP¥835.4tTotal Earnings: JP¥52.4tTotal Revenue: JP¥964.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 16.7x202420252026
Current Market PE
  • Investors are relatively neutral on the Japanese market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 16.7x.
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 3.3% 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-0.42%
Consumer Discretionary4.51%
Consumer Staples2.21%
Telecom0.92%
Industrials0.40%
Real Estate-0.29%
Utilities-0.35%
Energy-1.21%
Healthcare-1.46%
Materials-2.59%
Tech-3.15%
Financials-3.55%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 26.9x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 17.0%, which is higher than its past year's earnings growth of 15.4% per year.
  • The Utilities sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 8.5x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 17% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Telecom sector is expected to see its earnings decline by 9.4% 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
6857 AdvantestJP¥32.50k12.3%
+JP¥2.6t
218.2%PE51.2xTech
6861 KeyenceJP¥81.15k13.0%
+JP¥2.3t
42.8%PE40xTech
6758 Sony GroupJP¥3.79k11.1%
+JP¥2.2t
2.9%PE20xConsumer Discretionary
7203 Toyota MotorJP¥3.07k5.9%
+JP¥2.0t
12.6%PE9.4xConsumer Discretionary
6501 HitachiJP¥5.27k8.6%
+JP¥1.9t
23.0%PE29.5xIndustrials
See more

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