Header cover image

Japanese (NIKKEI) Banks Industry Analysis

UpdatedJul 29, 2024
DataAggregated Company Financials
Companies83
  • 7D-4.4%
  • 3M7.6%
  • 1Y42.8%
  • YTD33.0%

Over the last 7 days, the Banks industry has dropped 4.4%, driven by Mitsubishi UFJ Financial Group declining 5.0%. In the past year, the industry has gained 43%. Earnings are forecast to grow by 8.8% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 29 Jul 2024JP¥66.2tJP¥23.1tJP¥4.7t11.1x14.2x2.9x
Wed, 26 Jun 2024JP¥66.0tJP¥25.1tJP¥4.7t11.9x13.9x2.6x
Fri, 24 May 2024JP¥63.9tJP¥25.1tJP¥4.7t11.5x13.5x2.5x
Sun, 21 Apr 2024JP¥59.8tJP¥20.8tJP¥4.7t11.5x12.7x2.9x
Tue, 19 Mar 2024JP¥60.8tJP¥20.6tJP¥4.7t11.6x13x2.9x
Thu, 15 Feb 2024JP¥54.8tJP¥21.1tJP¥4.8t10.2x11.5x2.6x
Sat, 13 Jan 2024JP¥51.4tJP¥20.6tJP¥4.4t10.2x11.6x2.5x
Mon, 11 Dec 2023JP¥52.0tJP¥20.8tJP¥4.5t10.5x11.5x2.5x
Wed, 08 Nov 2023JP¥52.9tJP¥22.8tJP¥4.8t11.3x11x2.3x
Fri, 06 Oct 2023JP¥53.0tJP¥22.7tJP¥4.8t10x11x2.3x
Sun, 03 Sep 2023JP¥49.2tJP¥22.7tJP¥4.8t9.5x10.2x2.2x
Tue, 01 Aug 2023JP¥48.3tJP¥22.2tJP¥3.7t9.2x12.9x2.2x
Thu, 29 Jun 2023JP¥43.1tJP¥24.2tJP¥4.2t8.4x10.2x1.8x
Sat, 27 May 2023JP¥40.3tJP¥24.3tJP¥4.2t8.1x9.5x1.7x
Mon, 24 Apr 2023JP¥39.9tJP¥19.8tJP¥1.9t8.1x20.6x2x
Wed, 22 Mar 2023JP¥37.1tJP¥19.5tJP¥1.9t7.7x19.7x1.9x
Fri, 17 Feb 2023JP¥42.8tJP¥19.5tJP¥1.9t8.7x22.9x2.2x
Sun, 15 Jan 2023JP¥42.8tJP¥18.9tJP¥1.9t8.3x22.6x2.3x
Tue, 13 Dec 2022JP¥35.2tJP¥18.9tJP¥1.9t7.2x18.6x1.9x
Thu, 10 Nov 2022JP¥33.6tJP¥18.5tJP¥2.2t7.1x15.6x1.8x
Sat, 08 Oct 2022JP¥32.5tJP¥18.5tJP¥2.2t6.8x15.1x1.8x
Mon, 05 Sep 2022JP¥33.2tJP¥18.5tJP¥2.2t6.9x15.4x1.8x
Wed, 03 Aug 2022JP¥33.3tJP¥18.1tJP¥2.4t7.3x13.6x1.8x
Fri, 01 Jul 2022JP¥33.3tJP¥21.3tJP¥3.9t7.4x8.5x1.6x
Sun, 29 May 2022JP¥32.4tJP¥21.3tJP¥3.9t7.1x8.3x1.5x
Tue, 26 Apr 2022JP¥33.2tJP¥20.1tJP¥4.7t6.5x7.1x1.6x
Thu, 24 Mar 2022JP¥35.3tJP¥20.1tJP¥4.7t6.9x7.5x1.8x
Sat, 19 Feb 2022JP¥33.9tJP¥20.5tJP¥4.7t6.9x7.2x1.7x
Mon, 17 Jan 2022JP¥34.0tJP¥19.9tJP¥4.3t7.9x8x1.7x
Wed, 15 Dec 2021JP¥30.6tJP¥19.9tJP¥4.3t7x7.2x1.5x
Fri, 12 Nov 2021JP¥30.5tJP¥19.9tJP¥4.3t7x7.1x1.5x
Sun, 10 Oct 2021JP¥31.6tJP¥19.9tJP¥4.3t7.5x7.3x1.6x
Tue, 07 Sep 2021JP¥30.9tJP¥19.7tJP¥4.3t7.6x7.2x1.6x
Thu, 05 Aug 2021JP¥29.5tJP¥19.7tJP¥4.3t7.4x6.9x1.5x
Price to Earnings Ratio

6.9x


Total Market Cap: JP¥29.5tTotal Earnings: JP¥4.3tTotal Revenue: JP¥19.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Banks Industry Price to Earnings3Y Average 12.3x202220232024
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 14.2x which is higher than its 3-year average PE of 12.3x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 2.8% per year over the last three years.
  • Revenues for these companies have grown 5.4% 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 Market-5.23%
Financials-5.41%
Banks-4.42%
Diversified Banks-4.41%
Regional Banks-4.44%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 14.7x.
    • Analysts are expecting annual earnings growth of 8.6%, which is lower than the prior year's growth of 22.2% per year.
  • Investors are most pessimistic about the Regional Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.0x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 9.6% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 8.6% 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
8398 Chikuho BankJP¥1.50k2.2%
+JP¥194.6m		8.6%PB0.2x
8560 Miyazaki Taiyo BankJP¥1.46k0.8%
+JP¥63.4m		41.5%PB0.2x
8559 Howa BankJP¥486.001.3%
+JP¥35.4m		-9.2%n/a
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

8316

JP¥10,545.00

Sumitomo Mitsui Financial Group

7D

-4.1%

1Y

59.1%

Sumitomo Mitsui Financial Group (TSE:8316) Is Increasing Its Dividend To ¥165.00

Jul 26
Sumitomo Mitsui Financial Group (TSE:8316) Is Increasing Its Dividend To ¥165.00

8306

JP¥1,685.50

Mitsubishi UFJ Financial Group

7D

-5.0%

1Y

48.4%

Mitsubishi UFJ Financial Group (TSE:8306) Has Announced That It Will Be Increasing Its Dividend To ¥25.00

Jul 26
Mitsubishi UFJ Financial Group (TSE:8306) Has Announced That It Will Be Increasing Its Dividend To ¥25.00

8308

JP¥1,008.50

Resona Holdings

7D

-5.5%

1Y

32.7%

Resona Holdings (TSE:8308) Is Increasing Its Dividend To ¥11.50

Jul 26
Resona Holdings (TSE:8308) Is Increasing Its Dividend To ¥11.50

8411

JP¥3,254.00

Mizuho Financial Group

7D

-4.6%

1Y

36.8%

Mizuho Financial Group's (TSE:8411) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 26
Mizuho Financial Group's (TSE:8411) Shareholders Will Receive A Bigger Dividend Than Last Year

8359

JP¥990.40

Hachijuni Bank

7D

-7.3%

1Y

40.3%

Hachijuni Bank's (TSE:8359) Dividend Will Be ¥13.00

Jul 26
Hachijuni Bank's (TSE:8359) Dividend Will Be ¥13.00

8309

JP¥3,676.00

Sumitomo Mitsui Trust Holdings

7D

-4.0%

1Y

35.1%

7182

JP¥1,479.50

JAPAN POST BANK

7D

-3.4%

1Y

26.5%

8398

JP¥1,495.00

Chikuho Bank

7D

2.2%

1Y

8.6%

8559

JP¥486.00

Howa Bank

7D

1.3%

1Y

-9.2%

5844

JP¥2,659.00

Kyoto Financial GroupInc

7D

-7.2%

1Y

31.3%

8560

JP¥1,463.00

Miyazaki Taiyo Bank

7D

0.8%

1Y

41.5%