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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedApr 09, 2026
DataAggregated Company Financials
Companies3906
  • 7D3.0%
  • 3M8.1%
  • 1Y58.3%
  • YTD8.4%

Over the last 7 days, the market has risen 3.0%, driven by gains of 8.2% in the Information Technology sector. In contrast, the Energy sector is lagging, dropping 5.6%. The market is up 58% over the last 12 months. As for the next few years, earnings are expected to grow by 10% per annum.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 10 Apr 2026JP¥1260.5tJP¥1038.2tJP¥65.6t14.7x19.2x1.2x
Sun, 08 Mar 2026JP¥1258.9tJP¥1040.3tJP¥65.7t15x19.2x1.2x
Tue, 03 Feb 2026JP¥1200.9tJP¥1030.1tJP¥65.3t14.6x18.4x1.2x
Thu, 01 Jan 2026JP¥1156.4tJP¥1029.2tJP¥64.3t14.5x18x1.1x
Sat, 29 Nov 2025JP¥1146.9tJP¥1031.5tJP¥64.5t14.2x17.8x1.1x
Mon, 27 Oct 2025JP¥1117.8tJP¥1025.7tJP¥59.8t14.6x18.7x1.1x
Wed, 24 Sep 2025JP¥1089.1tJP¥1026.6tJP¥59.8t14.8x18.2x1.1x
Fri, 22 Aug 2025JP¥1064.1tJP¥1026.9tJP¥59.8t14.4x17.8x1x
Sun, 20 Jul 2025JP¥977.6tJP¥1021.1tJP¥62.0t13.5x15.8x1x
Tue, 17 Jun 2025JP¥966.2tJP¥1033.9tJP¥63.7t13.1x15.2x0.9x
Thu, 15 May 2025JP¥962.6tJP¥1027.0tJP¥63.6t13.2x15.1x0.9x
Sat, 12 Apr 2025JP¥865.2tJP¥1021.4tJP¥64.2t12.2x13.5x0.8x
Mon, 10 Mar 2025JP¥942.1tJP¥1019.9tJP¥64.3t13.1x14.6x0.9x
Wed, 05 Feb 2025JP¥952.5tJP¥1011.7tJP¥63.0t13.4x15.1x0.9x
Fri, 03 Jan 2025JP¥971.2tJP¥1010.9tJP¥61.7t13.7x15.7x1x
Sun, 01 Dec 2024JP¥936.1tJP¥1008.9tJP¥61.8t13.4x15.1x0.9x
Tue, 29 Oct 2024JP¥934.3tJP¥1001.8tJP¥60.1t13.2x15.5x0.9x
Thu, 26 Sep 2024JP¥934.2tJP¥1000.0tJP¥60.1t13.4x15.5x0.9x
Sat, 24 Aug 2024JP¥946.4tJP¥999.4tJP¥59.9t13.4x15.8x0.9x
Mon, 22 Jul 2024JP¥1003.2tJP¥987.7tJP¥58.6t14.6x17.1x1x
Wed, 19 Jun 2024JP¥957.5tJP¥989.0tJP¥58.6t14.1x16.3x1x
Fri, 17 May 2024JP¥967.1tJP¥982.2tJP¥58.2t14.1x16.6x1x
Sun, 14 Apr 2024JP¥979.0tJP¥974.7tJP¥56.9t14.8x17.2x1x
Tue, 12 Mar 2024JP¥951.7tJP¥975.9tJP¥56.9t14.4x16.7x1x
Thu, 08 Feb 2024JP¥912.9tJP¥970.5tJP¥54.2t14.7x16.8x0.9x
Sat, 06 Jan 2024JP¥863.1tJP¥971.1tJP¥52.4t14.3x16.5x0.9x
Mon, 04 Dec 2023JP¥863.8tJP¥977.5tJP¥53.1t14.2x16.3x0.9x
Wed, 01 Nov 2023JP¥821.2tJP¥971.7tJP¥55.4t13.7x14.8x0.8x
Fri, 29 Sep 2023JP¥853.7tJP¥971.5tJP¥55.3t14.4x15.4x0.9x
Sun, 27 Aug 2023JP¥827.5tJP¥971.1tJP¥55.2t13.9x15x0.9x
Tue, 25 Jul 2023JP¥833.5tJP¥957.9tJP¥50.6t14.1x16.5x0.9x
Thu, 22 Jun 2023JP¥838.6tJP¥959.3tJP¥51.1t14x16.4x0.9x
Sat, 20 May 2023JP¥791.4tJP¥959.6tJP¥50.9t13.5x15.5x0.8x
Mon, 17 Apr 2023JP¥742.9tJP¥935.1tJP¥46.6t13x15.9x0.8x
Price to Earnings Ratio

15.9x


Total Market Cap: JP¥742.9tTotal 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 19.4x 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 3.6% 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 Market3.71%
Tech10.22%
Materials5.91%
Industrials4.21%
Consumer Discretionary2.97%
Financials2.91%
Real Estate2.72%
Telecom1.15%
Utilities-0.10%
Consumer Staples-0.42%
Healthcare-0.43%
Energy-2.93%
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 22.7x.
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 4.0% 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
285A Kioxia HoldingsJP¥27.70k31.3%
+JP¥3.6t		1,246.0%PE90.5xTech
6857 AdvantestJP¥24.80k17.4%
+JP¥2.7t		320.1%PE62.9xTech
8035 Tokyo ElectronJP¥42.19k11.0%
+JP¥1.9t		114.5%PE38.1xTech
9983 Fast RetailingJP¥67.45k7.0%
+JP¥1.4t		45.1%PE46.1xConsumer Discretionary
5803 FujikuraJP¥5.03k17.1%
+JP¥1.2t		540.5%PE57.8xIndustrials
See more

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3382
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6857
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9983
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7974
JP¥8,531.00
Nintendo
7D
-2.6%
1Y
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285A
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7D
31.3%
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4519
JP¥8,775.00
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30.6%

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8035
JP¥42,190.00
Tokyo Electron
7D
11.0%
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114.5%

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9432
JP¥154.60
NTT
7D
-1.5%
1Y
5.3%

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6503
JP¥5,639.00
Mitsubishi Electric
7D
9.3%
1Y
113.6%

6503: Power Semis And Grid Edge Alliances Will Drive Future Profitability

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5803
JP¥5,028.00
Fujikura
7D
17.1%
1Y
540.5%
1605
JP¥4,230.00
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136.0%

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5802
JP¥10,410.00
Sumitomo Electric Industries
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14.3%
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384.3%
4578
JP¥10,930.00
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-3.4%
1Y
51.8%

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4661
JP¥2,612.50
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7D
-4.5%
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-17.1%

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6861
JP¥61,590.00
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7D
8.3%
1Y
5.5%