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Japanese (NIKKEI) Capital Markets Industry Analysis

UpdatedJul 22, 2026
DataAggregated Company Financials
Companies56
  • 7D1.4%
  • 3M13.2%
  • 1Y43.5%
  • YTD13.8%

Over the last 7 days, the Capital Markets industry has dropped 2.2%, driven by Next Generation Technology Group declining 20%. This takes the industry's 12 month performance to a gain of 38%. Earnings are forecast to be flat in the coming years.

Industry Valuation and Performance

Has the Japanese Capital Markets Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Jul 2026JP¥14.1tJP¥6.8tJP¥1.3t12.3x11.1x2.1x
Fri, 19 Jun 2026JP¥11.0tJP¥5.3tJP¥1.1t11.6x10.2x2.1x
Sun, 17 May 2026JP¥10.0tJP¥5.3tJP¥1.1t12.6x9.4x1.9x
Tue, 14 Apr 2026JP¥10.2tJP¥5.1tJP¥1.0t13.6x10.2x2x
Thu, 12 Mar 2026JP¥10.2tJP¥5.1tJP¥1.0t14.2x10.1x2x
Sat, 07 Feb 2026JP¥10.6tJP¥5.1tJP¥999.8b13.6x10.6x2.1x
Mon, 05 Jan 2026JP¥6.4tJP¥2.7tJP¥487.2b16.2x13.1x2.3x
Wed, 03 Dec 2025JP¥6.2tJP¥2.7tJP¥487.3b14.6x12.8x2.3x
Fri, 31 Oct 2025JP¥9.4tJP¥4.6tJP¥796.6b16.1x11.8x2.1x
Sun, 28 Sep 2025JP¥9.6tJP¥4.6tJP¥811.1b16.4x11.8x2.1x
Tue, 26 Aug 2025JP¥9.4tJP¥4.6tJP¥811.1b16.1x11.6x2.1x
Thu, 24 Jul 2025JP¥8.7tJP¥4.4tJP¥715.1b13.6x12.1x2x
Sat, 21 Jun 2025JP¥7.9tJP¥4.4tJP¥708.1b13.2x11.1x1.8x
Mon, 19 May 2025JP¥7.6tJP¥4.4tJP¥706.4b13.7x10.7x1.7x
Wed, 16 Apr 2025JP¥6.9tJP¥4.2tJP¥668.4b11x10.3x1.6x
Fri, 14 Mar 2025JP¥7.8tJP¥4.3tJP¥684.7b11.5x11.4x1.8x
Sun, 09 Feb 2025JP¥8.4tJP¥4.3tJP¥692.4b11.7x12.1x2x
Tue, 07 Jan 2025JP¥5.4tJP¥2.3tJP¥315.2b13.9x17.2x2.3x
Thu, 05 Dec 2024JP¥5.5tJP¥2.3tJP¥312.0b12.6x17.7x2.4x
Sat, 02 Nov 2024JP¥7.3tJP¥3.9tJP¥508.4b12.4x14.4x1.9x
Mon, 30 Sep 2024JP¥7.7tJP¥3.9tJP¥506.2b13.5x15.1x2x
Wed, 28 Aug 2024JP¥7.6tJP¥3.9tJP¥506.2b13.4x15.1x2x
Fri, 26 Jul 2024JP¥7.2tJP¥3.4tJP¥417.1b13.8x17.2x2.1x
Sun, 23 Jun 2024JP¥8.3tJP¥3.7tJP¥456.7b13.7x18.1x2.2x
Tue, 21 May 2024JP¥8.3tJP¥3.7tJP¥457.9b14.3x18.1x2.2x
Thu, 18 Apr 2024JP¥8.1tJP¥3.5tJP¥358.7b17.9x22.5x2.3x
Sat, 16 Mar 2024JP¥8.3tJP¥3.5tJP¥362.6b17.1x22.8x2.4x
Mon, 12 Feb 2024JP¥7.6tJP¥3.5tJP¥356.0b16.4x21.2x2.1x
Wed, 10 Jan 2024JP¥6.1tJP¥3.1tJP¥334.5b16.4x18.3x2x
Fri, 08 Dec 2023JP¥5.8tJP¥3.1tJP¥334.1b16.3x17.4x1.9x
Sun, 05 Nov 2023JP¥6.3tJP¥3.4tJP¥377.6b15.7x16.7x1.9x
Tue, 03 Oct 2023JP¥7.3tJP¥4.3tJP¥417.7b15.9x17.5x1.7x
Thu, 31 Aug 2023JP¥6.9tJP¥4.3tJP¥416.3b15.5x16.6x1.6x
Sat, 29 Jul 2023JP¥6.8tJP¥4.0tJP¥338.2b16.5x20x1.7x
Price to Earnings Ratio

20x


Total Market Cap: JP¥6.8tTotal Earnings: JP¥338.2bTotal Revenue: JP¥4.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Capital Markets Industry Price to Earnings3Y Average 14.7x202420252026
Current Industry PE
  • Investors are pessimistic on the Japanese Capital Markets 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 10.7x which is lower than its 3-year average PE of 14.7x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 56% per year over the last three years.
  • Revenues for these companies have grown 19% 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-0.85%
Financials0.34%
Capital Markets1.37%
Financial Exchanges and Data1.87%
Investment Banking and Brokerage1.73%
Asset Management-7.21%
Industry PE
  • Investors are most optimistic about the Financial Exchanges and Data industry, which is trading close to its 3-year average PE ratio of 30.1x.
    • Analysts are expecting annual earnings growth of 1.3%, which is lower than the prior year's growth of 58.1% per year.
  • Investors are most pessimistic about the Investment Banking and Brokerage industry, which is trading below its 3-year average of 12.8x.
Forecasted Growth
  • Analysts are most optimistic on the Financial Exchanges and Data industry, expecting annual earnings growth of 1.3% over the next 5 years.
  • In contrast, the Asset Management industry is expected to see its earnings decline by 7.6% 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
8604 Nomura HoldingsJP¥1.59k2.2%
+JP¥97.9b		68.1%PE12.8x
8601 Daiwa Securities GroupJP¥1.85k2.5%
+JP¥62.4b		80.5%PE14.6x
8697 Japan Exchange GroupJP¥2.26k2.0%
+JP¥44.9b		55.2%PE29.1x
8609 Okasan Securities GroupJP¥1.05k3.7%
+JP¥7.4b		51.2%PE9.8x
8698 Monex GroupJP¥757.003.4%
+JP¥6.3b		-6.9%PE17.4x

Latest News

5842
JP¥2,832.00
Integral
7D
-4.2%
1Y
-16.8%
8698
JP¥757.00
Monex Group
7D
3.4%
1Y
-6.9%
8473
JP¥2,814.00
SBI Holdings
7D
-0.1%
1Y
-3.5%
319A
JP¥16,250.00
Next Generation Technology Group
7D
-20.2%
1Y
212.5%
8601
JP¥1,847.00
Daiwa Securities Group
7D
2.5%
1Y
80.5%
Narrative Update • Jul 08

8601: FY2026 Plan And Dividend Review Will Support Balanced Outlook

Analysts have lifted their price target on Daiwa Securities Group from ¥1,560 to ¥1,630, citing updated assumptions that reflect the latest fair value estimate, profit margin outlook, and expected P/E levels. What's in the News Daiwa Securities Group held an Analyst and Investor Day focused on its FY2026 management strategy, giving investors more detail on medium term priorities and plans.
8604
JP¥1,586.50
Nomura Holdings
7D
2.2%
1Y
68.1%
Narrative Update • Jul 07

8604: Capital Management And Governance Changes Will Support Fairly Valued Shares

Analysts have lifted their price target on Nomura Holdings from ¥1,516.25 to ¥1,603.75, citing updated assumptions that reflect the current fair value estimate, discount rate, revenue growth outlook, profit margin profile and forward P/E expectations. What’s in the News for Nomura Holdings Board meeting scheduled for June 26, 2026, to consider Nomura Holdings’ top management appointments.
8739
JP¥2,267.00
SPARX Group
7D
-1.5%
1Y
57.9%
8595
JP¥2,309.50
JAFCO Group
7D
-1.1%
1Y
-5.8%
8609
JP¥1,048.00
Okasan Securities Group
7D
3.7%
1Y
51.2%
8616
JP¥802.00
Tokai Tokyo Financial Holdings
7D
3.1%
1Y
55.1%
8628
JP¥1,086.00
Matsui Securities
7D
1.2%
1Y
54.3%
9552
JP¥862.00
Quants Research Institute Holdings
7D
-3.6%
1Y
-36.1%
7177
JP¥1,052.00
GMO Financial Holdings
7D
-1.9%
1Y
30.0%
8697
JP¥2,255.50
Japan Exchange Group
7D
2.0%
1Y
55.2%
8622
JP¥753.00
Mito Securities
7D
8.2%
1Y
41.8%
6196
JP¥1,348.00
Strike Group
7D
-1.6%
1Y
7.4%
New Narrative • May 26

Record MOU Pipeline And Larger Listed Buyers Will Support Future Earnings Potential

Catalysts About Strike Group Strike Group focuses on M&A brokerage and related advisory services, primarily serving small and mid-sized enterprises with an increasing presence among listed company clients. What are the underlying business or industry changes driving this perspective?