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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedMay 22, 2022
DataAggregated Company Financials
Companies3924
  • 7D0.7%
  • 3M-2.4%
  • 1Y-2.9%
  • YTD-8.2%

Over the last 7 days, the market has remained flat, although notably the Communication Services sector gained 3.3% in that time. Similarly, the market is flat for the past 12 months. Looking forward, earnings are forecast to grow by 8.8% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Mon, 23 May 2022JP¥698.4tJP¥836.8tJP¥49.5t12.2x
Wed, 20 Apr 2022JP¥709.4tJP¥819.1tJP¥51.1t12.4x
Fri, 18 Mar 2022JP¥710.5tJP¥821.5tJP¥51.1t12.3x
Sun, 13 Feb 2022JP¥734.6tJP¥821.8tJP¥50.3t12.6x
Tue, 11 Jan 2022JP¥749.5tJP¥802.5tJP¥48.4t13x
Thu, 09 Dec 2021JP¥755.6tJP¥799.9tJP¥48.4t13.3x
Sat, 06 Nov 2021JP¥774.4tJP¥795.5tJP¥47.1t14.2x
Mon, 04 Oct 2021JP¥754.6tJP¥786.4tJP¥44.6t14.4x
Wed, 01 Sep 2021JP¥751.8tJP¥788.7tJP¥44.6t14.7x
Thu, 08 Jul 2021JP¥740.1tJP¥788.5tJP¥44.6t14.7x
Wed, 31 Mar 2021JP¥742.6tJP¥756.9tJP¥34.9t16.7x
Sat, 02 Jan 2021JP¥686.9tJP¥747.2tJP¥23.4t17.1x
Tue, 06 Oct 2020JP¥619.6tJP¥754.4tJP¥21.3t17.2x
Fri, 10 Jul 2020JP¥593.6tJP¥774.2tJP¥22.4t16.1x
Thu, 02 Apr 2020JP¥527.2tJP¥805.5tJP¥29.5t13.3x
Sun, 05 Jan 2020JP¥649.9tJP¥814.5tJP¥37.5t16.2x
Wed, 09 Oct 2019JP¥601.5tJP¥820.8tJP¥39.0t14.5x
Tue, 02 Jul 2019JP¥588.7tJP¥819.0tJP¥40.9t14.3x
Median PE Ratio

13.9x


Total Market Cap: JP¥577.3tTotal Earnings: JP¥41.2tTotal Revenue: JP¥818.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Median PE3Y Average 14.9x202020212022
Current Market PE
  • Investors are relatively neutral on the 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 14.9x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 6.3% per year over the last three years, while revenues have remained steady.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Sector Trends

Which sectors have driven the changes within the Japanese Market?

JP Market0.71%
Telecom3.27%
Energy2.92%
Industrials1.40%
Tech1.05%
Real Estate0.74%
Consumer Discretionary0.62%
Materials0.32%
Healthcare0.086%
Financials-0.62%
Utilities-1.64%
Consumer Staples-2.28%
Sector PE
  • Investors are most optimistic about the Real Estate sector, which is trading close to its 3-year average PE ratio of 18.6x.
  • Analysts are expecting annual earnings growth of 6.4%, which is lower than the prior year's growth of 7.7% per year.
  • This could indicate that the market believes that analysts are underestimating future growth.
  • Investors are most pessimistic about the Energy sector, which is trading below its 3-year average of 10.3x.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 21% per year.
  • In contrast, the Energy sector is expected to see its earnings decline by 15% 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
9433 KDDIJP¥4.53k6.6%
+JP¥614.7b
22.2%PS14.8xTelecom
6098 Recruit HoldingsJP¥4.89k7.4%
+JP¥549.7b
-8.9%PS26.9xIndustrials
6758 Sony GroupJP¥11.53k3.8%
+JP¥525.5b
9.5%PS16.2xConsumer Discretionary
4661 Oriental LandJP¥18.35k6.5%
+JP¥368.5b
21.9%PS744.8xConsumer Discretionary
9432 Nippon Telegraph and TelephoneJP¥3.89k2.7%
+JP¥364.8b
34.2%PS11.6xTelecom
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