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Japanese (NIKKEI) Healthcare Sector Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
Companies205
  • 7D1.7%
  • 3M7.1%
  • 1Y13.6%
  • YTD6.1%

Over the last 7 days, the Healthcare industry has risen 2.7%, driven by gains from Daiichi Sankyo Company of 4.6%. Meanwhile, Eisai actually underperformed within the industry, shrinking 6.3% in the last week. In the last 12 months, the industry was up 13%. As for the next few years, earnings are expected to grow by 14% per annum.

Sector Valuation and Performance

Has the Japanese Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Feb 2024JP¥67.3tJP¥35.1tJP¥2.0t18.4x34.4x1.9x
Fri, 19 Jan 2024JP¥65.7tJP¥35.0tJP¥2.2t17.8x30.5x1.9x
Sun, 17 Dec 2023JP¥62.5tJP¥35.0tJP¥2.2t17.8x29x1.8x
Tue, 14 Nov 2023JP¥61.5tJP¥35.0tJP¥2.1t17.3x28.7x1.8x
Thu, 12 Oct 2023JP¥62.5tJP¥34.5tJP¥2.3t17.7x27.5x1.8x
Sat, 09 Sep 2023JP¥64.0tJP¥34.5tJP¥2.3t18.3x28.3x1.9x
Mon, 07 Aug 2023JP¥63.1tJP¥34.3tJP¥2.3t18.9x27.8x1.8x
Wed, 05 Jul 2023JP¥64.0tJP¥33.9tJP¥2.3t18.5x27.6x1.9x
Fri, 02 Jun 2023JP¥64.5tJP¥33.9tJP¥2.3t18.3x27.9x1.9x
Sun, 30 Apr 2023JP¥62.0tJP¥33.7tJP¥2.3t17.6x27.5x1.8x
Tue, 28 Mar 2023JP¥59.4tJP¥33.5tJP¥2.3t16.7x25.8x1.8x
Thu, 23 Feb 2023JP¥59.3tJP¥33.5tJP¥2.3t16.9x25.8x1.8x
Sat, 21 Jan 2023JP¥59.5tJP¥32.4tJP¥2.2t16x27.4x1.8x
Mon, 19 Dec 2022JP¥63.4tJP¥32.4tJP¥2.2t15.8x29.2x2x
Wed, 16 Nov 2022JP¥63.8tJP¥32.4tJP¥2.2t15.4x29.3x2x
Fri, 14 Oct 2022JP¥61.6tJP¥31.7tJP¥2.3t15.4x27.2x1.9x
Sun, 11 Sep 2022JP¥63.5tJP¥31.7tJP¥2.3t16x28.1x2x
Tue, 09 Aug 2022JP¥61.7tJP¥31.6tJP¥2.3t16.6x27x2x
Thu, 07 Jul 2022JP¥59.9tJP¥31.3tJP¥2.3t16.3x26.2x1.9x
Sat, 04 Jun 2022JP¥57.4tJP¥31.3tJP¥2.3t15.3x24.8x1.8x
Mon, 02 May 2022JP¥59.1tJP¥31.0tJP¥2.5t17x24.1x1.9x
Wed, 30 Mar 2022JP¥59.6tJP¥30.7tJP¥2.4t17.7x24.9x1.9x
Fri, 25 Feb 2022JP¥57.3tJP¥30.7tJP¥2.4t15.6x23.9x1.9x
Sun, 23 Jan 2022JP¥58.4tJP¥30.3tJP¥2.4t16.5x24.1x1.9x
Tue, 21 Dec 2021JP¥62.1tJP¥30.3tJP¥2.4t17.5x25.6x2.1x
Thu, 18 Nov 2021JP¥66.9tJP¥30.2tJP¥2.4t19.1x27.7x2.2x
Sat, 16 Oct 2021JP¥68.0tJP¥29.7tJP¥2.2t20.4x30.4x2.3x
Mon, 13 Sep 2021JP¥70.9tJP¥29.5tJP¥2.2t21.3x31.9x2.4x
Wed, 11 Aug 2021JP¥64.8tJP¥29.5tJP¥2.2t20.1x29.1x2.2x
Sun, 06 Jun 2021JP¥63.5tJP¥28.7tJP¥2.0t20.9x31.3x2.2x
Wed, 10 Mar 2021JP¥64.3tJP¥28.6tJP¥1.8t22.7x34.8x2.2x
Price to Earnings Ratio

34.8x


Total Market Cap: JP¥64.3tTotal Earnings: JP¥1.8tTotal Revenue: JP¥28.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Healthcare Sector Price to Earnings3Y Average 28.1x202220232024
Current Industry PE
  • Investors are optimistic on the Japanese Healthcare industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 34.4x which is higher than its 3-year average PE of 28.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 7.1% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Japanese Healthcare sector?

JP Market0.74%
Healthcare1.67%
Biotech13.09%
Healthtech3.27%
Pharma1.99%
Life Sciences1.24%
Healthcare Services0.91%
Medical Equipment0.43%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 32.5x.
    • Analysts are expecting annual earnings growth of 11.1%, which is higher than its past year's earnings growth of 4.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Biotech industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 60% per year.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 9.2% 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
4519 Chugai PharmaceuticalJP¥5.89k4.3%
+JP¥401.5b
66.7%PE29.8x
4568 Daiichi Sankyo CompanyJP¥4.93k3.3%
+JP¥301.0b
11.6%PE50.8x
4543 TerumoJP¥5.66k3.9%
+JP¥157.4b
55.9%PE42.4x
4502 Takeda PharmaceuticalJP¥4.43k1.8%
+JP¥123.9b
3.2%PE39x
7733 OlympusJP¥2.20k4.8%
+JP¥118.8b
-2.8%PE65.6x
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2160

JP¥3,615.00

GNI Group

7D

42.6%

1Y

226.9%

4553

JP¥2,999.00

Towa Pharmaceutical

7D

-6.1%

1Y

56.9%

4887

JP¥5,914.00

Sawai Group Holdings

7D

-3.6%

1Y

55.2%

4568

JP¥4,931.00

Daiichi Sankyo Company

7D

3.3%

1Y

11.6%

4578

JP¥5,596.00

Otsuka Holdings

7D

3.0%

1Y

35.5%

4974

JP¥1,051.00

Takara Bio

7D

-11.8%

1Y

-39.5%

7733

JP¥2,201.00

Olympus

7D

4.8%

1Y

-2.8%

4507

JP¥7,058.00

Shionogi

7D

-0.5%

1Y

15.6%

4502

JP¥4,431.00

Takeda Pharmaceutical

7D

1.8%

1Y

3.2%

6869

JP¥7,890.00

Sysmex

7D

-4.1%

1Y

-2.7%

4543

JP¥5,658.00

Terumo

7D

3.9%

1Y

55.9%

4523

JP¥6,198.00

Eisai

7D

-5.4%

1Y

-18.3%

4519

JP¥5,890.00

Chugai Pharmaceutical

7D

4.3%

1Y

66.7%

7741

JP¥18,395.00

HOYA

7D

1.0%

1Y

40.4%

4528

JP¥2,423.00

Ono Pharmaceutical

7D

-2.5%

1Y

-13.0%

6960

JP¥7,050.00

Fukuda Denshi

7D

-10.0%

1Y

70.3%