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Japanese (NIKKEI) Medical Equipment Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies40
  • 7D-1.4%
  • 3M0.8%
  • 1Y14.7%
  • YTD13.7%

Over the last 7 days, the Medical Equipment industry has dropped 1.4%, driven by HOYA declining 3.0%. This takes the industry's 12 month performance to a gain of 15%. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

Has the Japanese Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024JP¥18.8tJP¥5.5tJP¥563.2b16x33.3x3.4x
Tue, 19 Nov 2024JP¥19.2tJP¥5.5tJP¥569.1b14.2x33.8x3.5x
Thu, 17 Oct 2024JP¥19.4tJP¥5.4tJP¥515.0b18.5x37.7x3.6x
Sat, 14 Sep 2024JP¥18.1tJP¥5.4tJP¥515.7b18.1x35.2x3.3x
Mon, 12 Aug 2024JP¥17.9tJP¥5.4tJP¥510.9b14.7x35.1x3.3x
Wed, 10 Jul 2024JP¥18.5tJP¥5.3tJP¥491.8b15.4x37.7x3.5x
Fri, 07 Jun 2024JP¥18.6tJP¥5.4tJP¥513.4b15.4x36.2x3.4x
Sun, 05 May 2024JP¥17.9tJP¥5.3tJP¥484.3b18.6x36.9x3.4x
Tue, 02 Apr 2024JP¥18.2tJP¥5.3tJP¥485.2b17.7x37.5x3.4x
Thu, 29 Feb 2024JP¥18.8tJP¥5.3tJP¥485.2b17.8x38.7x3.5x
Sat, 27 Jan 2024JP¥17.9tJP¥5.2tJP¥509.6b19x35x3.4x
Mon, 25 Dec 2023JP¥16.9tJP¥5.2tJP¥510.0b17.2x33.1x3.2x
Wed, 22 Nov 2023JP¥16.9tJP¥5.2tJP¥510.3b17.9x33.1x3.2x
Fri, 20 Oct 2023JP¥15.0tJP¥5.1tJP¥563.7b16.9x26.7x2.9x
Sun, 17 Sep 2023JP¥16.7tJP¥5.1tJP¥563.4b17.4x29.6x3.2x
Tue, 15 Aug 2023JP¥16.2tJP¥5.1tJP¥564.2b17.1x28.7x3.2x
Thu, 13 Jul 2023JP¥16.7tJP¥5.1tJP¥582.9b16.7x28.6x3.3x
Sat, 10 Jun 2023JP¥17.3tJP¥5.1tJP¥583.3b16.7x29.7x3.4x
Mon, 08 May 2023JP¥16.4tJP¥5.1tJP¥558.5b17.5x29.3x3.2x
Wed, 05 Apr 2023JP¥15.8tJP¥5.1tJP¥559.2b16.9x28.3x3.1x
Fri, 03 Mar 2023JP¥14.8tJP¥5.1tJP¥559.2b17x26.5x2.9x
Sun, 29 Jan 2023JP¥15.7tJP¥4.9tJP¥551.3b15x28.5x3.2x
Tue, 27 Dec 2022JP¥15.1tJP¥4.9tJP¥551.5b14.8x27.3x3x
Thu, 24 Nov 2022JP¥16.8tJP¥4.9tJP¥551.1b15.6x30.5x3.4x
Sat, 22 Oct 2022JP¥17.0tJP¥4.8tJP¥540.9b14.9x31.5x3.5x
Mon, 19 Sep 2022JP¥17.2tJP¥4.8tJP¥540.3b14.7x31.9x3.6x
Wed, 17 Aug 2022JP¥17.9tJP¥4.8tJP¥540.3b15.4x33.1x3.7x
Fri, 15 Jul 2022JP¥16.2tJP¥4.7tJP¥545.5b14.8x29.7x3.5x
Sun, 12 Jun 2022JP¥16.1tJP¥4.7tJP¥544.7b14.3x29.6x3.4x
Tue, 10 May 2022JP¥14.9tJP¥4.6tJP¥550.2b13.2x27.1x3.3x
Thu, 07 Apr 2022JP¥16.3tJP¥4.6tJP¥549.5b13.8x29.6x3.6x
Sat, 05 Mar 2022JP¥15.6tJP¥4.6tJP¥549.6b13.2x28.3x3.4x
Mon, 31 Jan 2022JP¥16.5tJP¥4.5tJP¥562.4b12.1x29.3x3.7x
Wed, 29 Dec 2021JP¥20.1tJP¥4.5tJP¥558.1b14.4x36x4.5x
Price to Earnings Ratio

36x


Total Market Cap: JP¥20.1tTotal Earnings: JP¥558.1bTotal Revenue: JP¥4.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Medical Equipment Industry Price to Earnings3Y Average 31.8x202220232024
Current Industry PE
  • Investors are relatively neutral on the Japanese Medical Equipment industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 31.8x.
  • The industry is trading close to its 3-year average PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 7.2% 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 industry?

JP Market-1.46%
Healthcare-0.72%
Medical Equipment-1.43%
Medical Equipment-0.44%
Medical Supplies-2.61%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry, which is trading close to its 3-year average PE ratio of 33.4x.
    • Analysts are expecting annual earnings growth of 11.9%, which is higher than its past year's earnings decline of 3.5% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading close to its 3-year average of 30.9x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings growth rate of 5.7% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 12% 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
6960 Fukuda DenshiJP¥7.21k2.7%
+JP¥5.5b		-1.0%PE12.5x
7817 Paramount Bed HoldingsJP¥2.70k3.5%
+JP¥5.3b		-0.7%PE20.4x
6849 Nihon KohdenJP¥2.15k0.8%
+JP¥3.0b		14.6%PE37.4x
197A TAUNS LaboratoriesIncJP¥538.004.9%
+JP¥2.5b		n/aPE9.4x
7743 SEEDLtdJP¥522.0010.6%
+JP¥1.5b		-34.2%PE9.4x
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Latest News

7716

JP¥2,388.00

Nakanishi

7D

-2.4%

1Y

0.8%

7743

JP¥522.00

SEEDLtd

7D

10.6%

1Y

-34.2%

7733

JP¥2,375.50

Olympus

7D

-0.3%

1Y

14.6%

9340

JP¥1,270.00

ASO International

7D

20.2%

1Y

76.9%

7730

JP¥1,777.00

Mani

7D

-2.0%

1Y

-14.9%

7741

JP¥19,530.00

HOYA

7D

-3.0%

1Y

14.2%

A Look At The Intrinsic Value Of HOYA Corporation (TSE:7741)

Dec 15
A Look At The Intrinsic Value Of HOYA Corporation (TSE:7741)

7747

JP¥2,527.00

Asahi Intecc

7D

-1.7%

1Y

-9.5%

197A

JP¥538.00

TAUNS LaboratoriesInc

7D

4.9%

1Y

n/a

6849

JP¥2,148.00

Nihon Kohden

7D

0.8%

1Y

14.6%

Nihon Kohden (TSE:6849) Is Paying Out A Dividend Of ¥16.00

Dec 12
Nihon Kohden (TSE:6849) Is Paying Out A Dividend Of ¥16.00

4543

JP¥3,027.00

Terumo

7D

-0.8%

1Y

32.9%

8086

JP¥1,457.50

Nipro

7D

0.6%

1Y

33.9%

Nipro (TSE:8086) Will Pay A Larger Dividend Than Last Year At ¥20.00

Dec 10
Nipro (TSE:8086) Will Pay A Larger Dividend Than Last Year At ¥20.00

6869

JP¥2,915.50

Sysmex

7D

-0.2%

1Y

12.7%

Sysmex Corporation (TSE:6869) Not Lagging Market On Growth Or Pricing

Dec 10
Sysmex Corporation (TSE:6869) Not Lagging Market On Growth Or Pricing

6960

JP¥7,210.00

Fukuda Denshi

7D

2.7%

1Y

-1.0%

7817

JP¥2,696.00

Paramount Bed Holdings

7D

3.5%

1Y

-0.7%

Paramount Bed Holdings (TSE:7817) Will Pay A Larger Dividend Than Last Year At ¥49.00

Dec 04
Paramount Bed Holdings (TSE:7817) Will Pay A Larger Dividend Than Last Year At ¥49.00

7979

JP¥2,170.00

Shofu

7D

0.5%

1Y

59.2%

7780

JP¥1,434.00

Menicon

7D

-4.5%

1Y

-39.3%

Menicon's (TSE:7780) Dividend Will Be Increased To ¥28.00

Nov 30
Menicon's (TSE:7780) Dividend Will Be Increased To ¥28.00