Analysis Article • Aug 09

Over the last 7 days, the Healthtech industry has dropped 8.6%, driven by M3 declining 13%. Meanwhile, JMDC actually outperformed within the industry, gaining 14% in the last week. Overall the industry is down 26% in 12 months. Looking forward, earnings are forecast to grow by 14% annually.
Has the Japanese Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 10 Aug 2026 | JP¥1.6t | JP¥594.2b | JP¥70.4b | 19.1x | 22.5x | 2.7x |
| Wed, 08 Jul 2026 | JP¥1.8t | JP¥589.2b | JP¥73.2b | 18.7x | 25.1x | 3.1x |
| Fri, 05 Jun 2026 | JP¥1.5t | JP¥585.3b | JP¥73.0b | 18.2x | 21x | 2.6x |
| Sun, 03 May 2026 | JP¥1.6t | JP¥571.3b | JP¥74.5b | 20.1x | 21.2x | 2.8x |
| Tue, 31 Mar 2026 | JP¥1.7t | JP¥577.8b | JP¥74.8b | 20.8x | 22.4x | 2.9x |
| Thu, 26 Feb 2026 | JP¥1.7t | JP¥577.5b | JP¥75.2b | 21.2x | 23.1x | 3x |
| Sat, 24 Jan 2026 | JP¥2.1t | JP¥555.7b | JP¥71.8b | 18.7x | 28.9x | 3.7x |
| Mon, 22 Dec 2025 | JP¥2.1t | JP¥557.4b | JP¥70.9b | 18.9x | 30.3x | 3.9x |
| Wed, 19 Nov 2025 | JP¥2.4t | JP¥553.1b | JP¥70.2b | 18.1x | 34.5x | 4.4x |
| Fri, 17 Oct 2025 | JP¥2.2t | JP¥537.1b | JP¥64.6b | 18.3x | 34.1x | 4.1x |
| Sun, 14 Sep 2025 | JP¥2.4t | JP¥548.8b | JP¥66.0b | 18.3x | 36.1x | 4.3x |
| Tue, 12 Aug 2025 | JP¥2.2t | JP¥544.2b | JP¥65.9b | 17.9x | 33.8x | 4.1x |
| Thu, 10 Jul 2025 | JP¥2.0t | JP¥519.8b | JP¥64.8b | 20.6x | 31.1x | 3.9x |
| Sat, 07 Jun 2025 | JP¥2.2t | JP¥520.3b | JP¥65.0b | 20x | 33.3x | 4.2x |
| Mon, 05 May 2025 | JP¥1.9t | JP¥519.3b | JP¥61.5b | 20.9x | 30.5x | 3.6x |
| Wed, 02 Apr 2025 | JP¥1.8t | JP¥499.6b | JP¥62.2b | 21.8x | 28.2x | 3.5x |
| Fri, 28 Feb 2025 | JP¥1.8t | JP¥501.0b | JP¥62.7b | 22.4x | 29.4x | 3.7x |
| Sun, 26 Jan 2025 | JP¥1.7t | JP¥472.6b | JP¥60.0b | 23.5x | 28.3x | 3.6x |
| Tue, 24 Dec 2024 | JP¥1.6t | JP¥472.6b | JP¥60.0b | 23.9x | 27.4x | 3.5x |
| Thu, 21 Nov 2024 | JP¥1.7t | JP¥468.9b | JP¥59.5b | 22.9x | 28.4x | 3.6x |
| Sat, 19 Oct 2024 | JP¥1.9t | JP¥460.5b | JP¥64.0b | 21.5x | 30.3x | 4.2x |
| Mon, 16 Sep 2024 | JP¥1.6t | JP¥460.5b | JP¥64.0b | 20.4x | 25.7x | 3.6x |
| Wed, 14 Aug 2024 | JP¥1.4t | JP¥456.3b | JP¥64.9b | 17.7x | 22.2x | 3.2x |
| Fri, 12 Jul 2024 | JP¥1.8t | JP¥447.2b | JP¥67.4b | 21.1x | 26.1x | 3.9x |
| Sun, 09 Jun 2024 | JP¥1.8t | JP¥445.1b | JP¥67.1b | 21.4x | 26.3x | 4x |
| Tue, 07 May 2024 | JP¥1.8t | JP¥438.9b | JP¥68.6b | 23x | 26.1x | 4.1x |
| Thu, 04 Apr 2024 | JP¥2.1t | JP¥434.9b | JP¥69.7b | 24.3x | 30.8x | 4.9x |
| Sat, 02 Mar 2024 | JP¥2.3t | JP¥431.8b | JP¥68.9b | 26x | 32.7x | 5.2x |
| Mon, 29 Jan 2024 | JP¥2.4t | JP¥425.9b | JP¥70.0b | 28x | 34.2x | 5.6x |
| Wed, 27 Dec 2023 | JP¥2.3t | JP¥418.5b | JP¥69.6b | 28.9x | 32.8x | 5.5x |
| Fri, 24 Nov 2023 | JP¥2.4t | JP¥418.7b | JP¥69.2b | 26x | 35.1x | 5.8x |
| Sun, 22 Oct 2023 | JP¥2.4t | JP¥408.7b | JP¥69.9b | 32.3x | 34.6x | 5.9x |
| Tue, 19 Sep 2023 | JP¥2.8t | JP¥409.5b | JP¥69.8b | 32.2x | 40.3x | 6.9x |
| Thu, 17 Aug 2023 | JP¥2.8t | JP¥406.6b | JP¥69.4b | 29.2x | 40.1x | 6.8x |
40.1x
Which industries have driven the changes within the Japanese Healthcare industry?
| JP Market | 1.75% | |
| Healthcare | 2.55% | |
| Healthtech | -8.59% | |
| Healthtech | -8.59% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 4483 JMDC | JP¥3.43k | 14.3% +JP¥28.1b | -20.8% | PE32.4x | |
| 3733 Software Service | JP¥11.50k | 7.2% +JP¥3.8b | -16.8% | PE9.7x | |
| 5592 Kusurinomadoguchi | JP¥2.54k | 10.1% +JP¥2.7b | -21.8% | PE9.9x | |
| 4480 Medley | JP¥2.08k | 3.3% +JP¥2.0b | -35.1% | PE63.2x | |
| 3939 Kanamic NetworkLTD | JP¥519.00 | 5.7% +JP¥1.3b | 15.6% | PE19.5x |