Header cover image

Japanese (NIKKEI) Banks Industry Analysis

UpdatedMay 01, 2024
DataAggregated Company Financials
Companies83
  • 7D1.5%
  • 3M13.5%
  • 1Y61.2%
  • YTD25.4%

In the last week, the Banks industry is flat overall, with Aichi Financial Group standing out by going down 7.1%. The past year has been better, since the industry has gained 58% in that time. As for the next few years, earnings are expected to grow by 8.0% per annum.

Industry Valuation and Performance

Has the Japanese Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 01 May 2024JP¥62.7tJP¥20.8tJP¥4.7t12.1x13.4x3x
Fri, 29 Mar 2024JP¥61.0tJP¥20.6tJP¥4.7t11.6x13.1x3x
Sun, 25 Feb 2024JP¥57.3tJP¥20.8tJP¥4.7t10.7x12.2x2.8x
Tue, 23 Jan 2024JP¥52.8tJP¥20.6tJP¥4.4t10.4x11.9x2.6x
Thu, 21 Dec 2023JP¥48.8tJP¥20.8tJP¥4.5t9.9x10.7x2.3x
Sat, 18 Nov 2023JP¥52.1tJP¥23.6tJP¥5.1t10.4x10.3x2.2x
Mon, 16 Oct 2023JP¥52.0tJP¥22.7tJP¥4.8t10.2x10.8x2.3x
Wed, 13 Sep 2023JP¥53.0tJP¥22.6tJP¥4.8t10.3x11.2x2.3x
Fri, 11 Aug 2023JP¥46.8tJP¥23.4tJP¥4.9t8.9x9.6x2x
Sun, 09 Jul 2023JP¥44.8tJP¥23.0tJP¥3.8t8.5x11.9x1.9x
Tue, 06 Jun 2023JP¥42.1tJP¥24.2tJP¥4.2t8.3x10x1.7x
Thu, 04 May 2023JP¥39.7tJP¥19.8tJP¥1.9t8.1x20.5x2x
Sat, 01 Apr 2023JP¥37.9tJP¥19.7tJP¥1.9t7.8x19.8x1.9x
Mon, 27 Feb 2023JP¥42.3tJP¥19.7tJP¥2.0t8.9x20.9x2.1x
Wed, 25 Jan 2023JP¥41.8tJP¥18.5tJP¥1.8t8.2x23x2.3x
Fri, 23 Dec 2022JP¥39.1tJP¥18.9tJP¥1.9t7.7x20.6x2.1x
Sun, 20 Nov 2022JP¥34.0tJP¥19.3tJP¥1.9t6.8x17.9x1.8x
Tue, 18 Oct 2022JP¥32.8tJP¥18.5tJP¥2.2t7x15.2x1.8x
Thu, 15 Sep 2022JP¥33.6tJP¥18.5tJP¥2.2t6.8x15.6x1.8x
Sat, 13 Aug 2022JP¥33.3tJP¥18.8tJP¥2.1t7.1x15.5x1.8x
Mon, 11 Jul 2022JP¥33.2tJP¥17.8tJP¥2.5t7.3x13.3x1.9x
Wed, 08 Jun 2022JP¥33.1tJP¥21.3tJP¥3.9t7.4x8.5x1.6x
Fri, 06 May 2022JP¥33.3tJP¥20.1tJP¥4.7t6.5x7.1x1.7x
Sun, 03 Apr 2022JP¥33.3tJP¥20.1tJP¥4.7t6.6x7.1x1.7x
Tue, 01 Mar 2022JP¥33.0tJP¥20.1tJP¥4.7t6.8x7x1.6x
Thu, 27 Jan 2022JP¥32.9tJP¥19.9tJP¥4.3t7.7x7.7x1.7x
Sat, 25 Dec 2021JP¥30.7tJP¥19.9tJP¥4.3t7.1x7.2x1.5x
Mon, 22 Nov 2021JP¥30.3tJP¥20.3tJP¥4.6t6.7x6.5x1.5x
Wed, 20 Oct 2021JP¥31.2tJP¥19.9tJP¥4.3t7.4x7.3x1.6x
Fri, 17 Sep 2021JP¥31.6tJP¥19.7tJP¥4.3t7.8x7.4x1.6x
Sun, 15 Aug 2021JP¥30.6tJP¥19.7tJP¥4.3t7.5x7.2x1.6x
Thu, 10 Jun 2021JP¥30.9tJP¥19.2tJP¥3.6t8.8x8.6x1.6x
Price to Earnings Ratio

8.4x


Total Market Cap: JP¥30.1tTotal Earnings: JP¥3.6tTotal Revenue: JP¥19.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Banks Industry Price to Earnings3Y Average 11.9x202220232024
Current Industry PE
  • Investors are optimistic on the Japanese Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 13.2x which is higher than its 3-year average PE of 11.9x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 9.3% per year over the last three years.
  • Revenues for these companies have grown 2.6% 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 Financials industry?

JP Market2.54%
Financials1.59%
Banks1.49%
Diversified Banks1.58%
Regional Banks1.18%
Industry PE
  • Investors are most optimistic about the Regional Banks industry which is trading above its 3-year average PE ratio of 9.7x.
    • Analysts are expecting annual earnings growth of 10.3%, which is higher than its past year's earnings growth of 7.0% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 14.3x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 10% over the next 5 years.
  • This is better than its past earnings growth rate of 7.0% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 7.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
8316 Sumitomo Mitsui Financial GroupJP¥8.99k1.5%
+JP¥176.1b		60.1%PB0.9x
7186 Concordia Financial GroupJP¥850.701.8%
+JP¥17.6b		65.5%PB0.8x
5844 Kyoto Financial GroupIncJP¥2.81k1.7%
+JP¥13.5b		69.5%PB0.8x
8334 Gunma BankJP¥949.202.1%
+JP¥7.6b		107.7%PB0.7x
7182 JAPAN POST BANKJP¥1.58k0.1%
+JP¥7.2b		45.7%PB0.6x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

7381

JP¥5,000.00

Hokkoku Financial Holdings

7D

-9.1%

1Y

2.7%

8334

JP¥949.20

Gunma Bank

7D

2.1%

1Y

107.7%

8306

JP¥1,563.50

Mitsubishi UFJ Financial Group

7D

-0.4%

1Y

81.3%

7180

JP¥1,045.50

Kyushu Financial GroupInc

7D

-1.7%

1Y

115.6%

7167

JP¥551.10

Mebuki Financial GroupInc

7D

0.6%

1Y

58.8%

7186

JP¥850.70

Concordia Financial Group

7D

1.8%

1Y

65.5%

7389

JP¥3,015.00

Aichi Financial Group

7D

-4.7%

1Y

41.4%

5838

JP¥3,190.00

Rakuten Bank

7D

-2.3%

1Y

73.1%

8522

JP¥6,970.00

Bank of Nagoya

7D

3.1%

1Y

103.8%

8411

JP¥3,018.00

Mizuho Financial Group

7D

-0.9%

1Y

51.2%

7182

JP¥1,584.00

JAPAN POST BANK

7D

0.1%

1Y

45.7%

8309

JP¥3,280.00

Sumitomo Mitsui Trust Holdings

7D

-0.6%

1Y

33.6%

8331

JP¥1,313.50

Chiba Bank

7D

-1.3%

1Y

48.6%

Chiba Bank (TSE:8331) Is Increasing Its Dividend To ¥17.00

Mar 23
Chiba Bank (TSE:8331) Is Increasing Its Dividend To ¥17.00

8316

JP¥8,994.00

Sumitomo Mitsui Financial Group

7D

1.5%

1Y

60.1%

Sumitomo Mitsui Financial Group (TSE:8316) Has Announced A Dividend Of ¥135.00

Mar 22
Sumitomo Mitsui Financial Group (TSE:8316) Has Announced A Dividend Of ¥135.00

8381

JP¥1,226.00

San-in Godo BankLtd

7D

2.1%

1Y

61.7%

5844

JP¥2,805.50

Kyoto Financial GroupInc

7D

1.7%

1Y

69.5%