Header cover image

Japanese (NIKKEI) Banks Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies86
  • 7D-3.5%
  • 3M-4.1%
  • 1Y13.5%
  • YTD16.2%

Over the last 7 days, the Banks industry has dropped 3.2%, driven by a decline by Mitsubishi UFJ Financial Group of 3.8%. Meanwhile, Suruga Bank actually outperformed within the industry, gaining 7.4% in the last week. This takes the industry's 12 month performance to a gain of 14%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Thu, 02 Dec 2021JP¥29.2tJP¥20.0tJP¥4.7t6.6x
Sat, 30 Oct 2021JP¥30.1tJP¥19.9tJP¥4.3t7.2x
Mon, 27 Sep 2021JP¥32.0tJP¥19.7tJP¥4.3t7.8x
Wed, 25 Aug 2021JP¥29.7tJP¥19.7tJP¥4.3t7.2x
Thu, 01 Jul 2021JP¥29.8tJP¥19.7tJP¥4.3t7.4x
Sun, 04 Apr 2021JP¥31.7tJP¥19.2tJP¥3.6t9.6x
Wed, 06 Jan 2021JP¥25.5tJP¥16.9tJP¥2.0t9x
Sat, 10 Oct 2020JP¥24.9tJP¥17.6tJP¥2.1t10.5x
Fri, 03 Jul 2020JP¥24.9tJP¥17.6tJP¥1.8t9.2x
Mon, 06 Apr 2020JP¥24.3tJP¥17.7tJP¥2.4t8.9x
Thu, 09 Jan 2020JP¥32.6tJP¥18.0tJP¥2.7t9.4x
Wed, 02 Oct 2019JP¥30.5tJP¥17.7tJP¥2.8t9.2x
Sat, 06 Jul 2019JP¥30.2tJP¥18.2tJP¥3.1t9x
Tue, 09 Apr 2019JP¥32.4tJP¥18.5tJP¥3.0t9.7x
Mon, 31 Dec 2018JP¥32.0tJP¥19.3tJP¥3.9t10.5x
PE Ratio

10.6x

Total Market Cap: JP¥36.7tTotal Earnings: JP¥4.4tTotal Revenue: JP¥19.9t0%0%0%3 Year10 Year
201920202021

Current Industry PE: There are only 3 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.

Past Earnings Growth: The earnings for companies in the Banks industry have grown 2.1% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Japanese Banks industry?

Regional Banks-2.97%
Diversified Banks-3.63%

Industry PE: Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 9.0x. However analysts are expecting annual earnings growth of 0.7%, which is lower than the prior year's growth of 31% per year. So the market might believe that analysts are underestimating future growth.

Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 0.7% over the next 5 years. Meanwhile, the Regional Banks industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
8358 Suruga Bank7.4%+JP¥7.6b41.2%PB0.4x
7350 Okinawa Financial GroupInc8.0%+JP¥3.8b-28.0%PB0.3x
7381 Hokkoku Financial Holdings2.3%+JP¥1.3b-27.8%PB0.2x
8395 Bank of Saga2.1%+JP¥486.5m2.9%PB0.2x
8524 North Pacific BankLtd0.4%+JP¥388.6m-1.3%PB0.2x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
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