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Aug 09
Japanese (NIKKEI) Food Industry Analysis
UpdatedAug 10, 2024
DataAggregated Company Financials
Companies125
- 7D-4.8%
- 3M-8.7%
- 1Y0.02%
- YTD-2.6%
Over the last 7 days, the Food industry has dropped 8.9%, driven by a pullback from Ajinomoto of 14%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 4.8% annually.
Industry Valuation and Performance
Has the Japanese Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 10 Aug 2024 | JP¥17.0t | JP¥23.5t | JP¥1.0t | 15.9x | 16.8x | 0.7x |
| Mon, 08 Jul 2024 | JP¥18.0t | JP¥23.2t | JP¥972.8b | 16x | 18.5x | 0.8x |
| Wed, 05 Jun 2024 | JP¥18.0t | JP¥23.2t | JP¥973.7b | 15.8x | 18.5x | 0.8x |
| Fri, 03 May 2024 | JP¥18.5t | JP¥23.0t | JP¥973.7b | 17x | 19x | 0.8x |
| Sun, 31 Mar 2024 | JP¥18.5t | JP¥22.9t | JP¥961.1b | 17.3x | 19.2x | 0.8x |
| Tue, 27 Feb 2024 | JP¥18.5t | JP¥22.9t | JP¥958.6b | 18.1x | 19.3x | 0.8x |
| Thu, 25 Jan 2024 | JP¥18.2t | JP¥22.7t | JP¥900.7b | 18.2x | 20.2x | 0.8x |
| Sat, 23 Dec 2023 | JP¥17.2t | JP¥22.7t | JP¥901.6b | 17.3x | 19.1x | 0.8x |
| Mon, 20 Nov 2023 | JP¥17.9t | JP¥22.7t | JP¥900.6b | 17.8x | 19.8x | 0.8x |
| Wed, 18 Oct 2023 | JP¥17.1t | JP¥22.5t | JP¥799.1b | 20.4x | 21.4x | 0.8x |
| Fri, 15 Sep 2023 | JP¥17.7t | JP¥22.4t | JP¥793.4b | 20.9x | 22.3x | 0.8x |
| Sun, 13 Aug 2023 | JP¥17.1t | JP¥22.4t | JP¥789.6b | 19x | 21.7x | 0.8x |
| Tue, 11 Jul 2023 | JP¥16.4t | JP¥22.0t | JP¥694.7b | 20.5x | 23.6x | 0.7x |
| Thu, 08 Jun 2023 | JP¥16.7t | JP¥22.0t | JP¥695.4b | 20x | 24x | 0.8x |
| Sat, 06 May 2023 | JP¥16.4t | JP¥21.5t | JP¥682.4b | 18.7x | 24x | 0.8x |
| Mon, 03 Apr 2023 | JP¥15.2t | JP¥21.4t | JP¥681.8b | 17.8x | 22.3x | 0.7x |
| Wed, 01 Mar 2023 | JP¥14.7t | JP¥21.4t | JP¥682.9b | 17.8x | 21.5x | 0.7x |
| Fri, 27 Jan 2023 | JP¥14.8t | JP¥20.8t | JP¥698.0b | 17.9x | 21.2x | 0.7x |
| Sun, 25 Dec 2022 | JP¥14.9t | JP¥20.8t | JP¥701.9b | 18.7x | 21.2x | 0.7x |
| Tue, 22 Nov 2022 | JP¥14.9t | JP¥20.8t | JP¥701.4b | 17.9x | 21.2x | 0.7x |
| Thu, 20 Oct 2022 | JP¥14.8t | JP¥20.2t | JP¥787.6b | 16.5x | 18.7x | 0.7x |
| Sat, 17 Sep 2022 | JP¥14.6t | JP¥20.2t | JP¥789.2b | 16.2x | 18.5x | 0.7x |
| Mon, 15 Aug 2022 | JP¥14.9t | JP¥20.2t | JP¥791.9b | 16.4x | 18.8x | 0.7x |
| Wed, 13 Jul 2022 | JP¥14.7t | JP¥19.8t | JP¥807.3b | 15.2x | 18.2x | 0.7x |
| Fri, 10 Jun 2022 | JP¥13.5t | JP¥19.8t | JP¥809.4b | 15.1x | 16.7x | 0.7x |
| Sun, 08 May 2022 | JP¥13.8t | JP¥19.8t | JP¥782.2b | 14.8x | 17.7x | 0.7x |
| Tue, 05 Apr 2022 | JP¥14.1t | JP¥19.7t | JP¥779.6b | 14.7x | 18.1x | 0.7x |
| Thu, 03 Mar 2022 | JP¥14.1t | JP¥19.7t | JP¥777.2b | 15.4x | 18.1x | 0.7x |
| Sat, 29 Jan 2022 | JP¥14.0t | JP¥19.6t | JP¥777.0b | 15.5x | 18.1x | 0.7x |
| Mon, 27 Dec 2021 | JP¥14.4t | JP¥19.6t | JP¥771.3b | 15x | 18.6x | 0.7x |
| Wed, 24 Nov 2021 | JP¥14.6t | JP¥19.6t | JP¥772.1b | 15.4x | 18.9x | 0.7x |
| Fri, 22 Oct 2021 | JP¥14.9t | JP¥19.6t | JP¥723.8b | 16.4x | 20.5x | 0.8x |
| Sun, 19 Sep 2021 | JP¥15.7t | JP¥19.6t | JP¥725.1b | 17.2x | 21.7x | 0.8x |
| Tue, 17 Aug 2021 | JP¥14.1t | JP¥19.9t | JP¥733.2b | 16.2x | 19.2x | 0.7x |
Price to Earnings Ratio
19.2x
Current Industry PE
- Investors are pessimistic on the Japanese Food industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 16.8x which is lower than its 3-year average PE of 20.0x.
- The industry is trading close to its 3-year average PS ratio of 0.75x.
Past Earnings Growth
- The earnings for companies in the Food industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 5.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Japanese Consumer Staples industry?
| JP Market | -2.14% | |
| Consumer Staples | -3.28% | |
| Food | -4.83% | |
| Agricultural Products | -0.80% | |
| Packaged Foods and Meats | -4.89% | |
Industry PE
- Investors are most optimistic about the Packaged Foods and Meats industry even though it's trading below its 3-year average PE ratio of 20.0x.
- Analysts are expecting annual earnings growth of 5.0%, which is lower than the prior year's growth of 35.8% per year.
- Investors are most pessimistic about the Agricultural Products industry, which is trading below its 3-year average of 20.3x.
Forecasted Growth
- Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 5.0% over the next 5 years.
- However this is lower than its past earnings growth rate of 36% per year.
- In contrast, the Agricultural Products industry is expected to see its earnings decline by 16% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2222 Kotobuki Spirits | JP¥1.67k | 4.6% +JP¥11.4b | -29.7% | PE23.5x | |
| 2871 Nichirei | JP¥3.93k | 2.2% +JP¥11.0b | 16.0% | PE19.3x | |
| 2282 NH Foods | JP¥5.14k | 1.7% +JP¥8.8b | 17.0% | PE18.4x | |
| 2820 Yamami | JP¥3.95k | 24.3% +JP¥5.4b | 145.3% | PE19.1x | |
| 2226 KOIKE-YA | JP¥4.87k | 5.9% +JP¥2.9b | 36.4% | PE23.5x |
