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Japanese (NIKKEI) Medical Equipment Industry Analysis

UpdatedMar 21, 2025
DataAggregated Company Financials
Companies40
  • 7D1.3%
  • 3M-8.8%
  • 1Y-7.6%
  • YTD-8.2%

Over the last 7 days, the Medical Equipment industry has risen 1.3%, driven by gains from HOYA of 1.5%. In the past year, the industry is down 7.6%. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 22 Mar 2025JP¥17.0tJP¥5.7tJP¥627.2b16.3x27.1x3x
Mon, 17 Feb 2025JP¥18.1tJP¥5.7tJP¥627.2b16.8x28.8x3.2x
Wed, 15 Jan 2025JP¥18.8tJP¥5.4tJP¥554.7b14.5x34x3.5x
Fri, 13 Dec 2024JP¥19.3tJP¥5.5tJP¥563.2b15.5x34.3x3.5x
Sun, 10 Nov 2024JP¥20.0tJP¥5.5tJP¥568.6b17.1x35.1x3.6x
Tue, 08 Oct 2024JP¥19.6tJP¥5.4tJP¥515.6b18.3x37.9x3.6x
Thu, 05 Sep 2024JP¥18.4tJP¥5.4tJP¥517.1b16.4x35.6x3.4x
Sat, 03 Aug 2024JP¥16.9tJP¥5.3tJP¥489.7b14.6x34.5x3.2x
Mon, 01 Jul 2024JP¥18.5tJP¥5.4tJP¥513.3b15.8x36.1x3.4x
Wed, 29 May 2024JP¥18.2tJP¥5.4tJP¥513.4b15.3x35.4x3.3x
Fri, 26 Apr 2024JP¥17.5tJP¥5.3tJP¥485.1b17.4x36.1x3.3x
Sun, 24 Mar 2024JP¥18.8tJP¥5.3tJP¥485.2b18.1x38.8x3.5x
Tue, 20 Feb 2024JP¥18.4tJP¥5.3tJP¥485.2b16.7x37.8x3.5x
Thu, 18 Jan 2024JP¥17.9tJP¥5.2tJP¥510.2b17.7x35x3.4x
Sat, 16 Dec 2023JP¥17.0tJP¥5.2tJP¥510.0b17.3x33.3x3.2x
Mon, 13 Nov 2023JP¥15.8tJP¥5.2tJP¥499.3b17.2x31.6x3x
Wed, 11 Oct 2023JP¥15.5tJP¥5.1tJP¥563.4b17.2x27.5x3x
Fri, 08 Sep 2023JP¥16.4tJP¥5.1tJP¥563.4b17.4x29.2x3.2x
Sun, 06 Aug 2023JP¥17.0tJP¥5.1tJP¥572.5b16.7x29.7x3.3x
Tue, 04 Jul 2023JP¥17.8tJP¥5.1tJP¥582.9b16.7x30.5x3.5x
Thu, 01 Jun 2023JP¥17.1tJP¥5.1tJP¥583.3b16.7x29.2x3.3x
Sat, 29 Apr 2023JP¥15.9tJP¥5.1tJP¥559.5b17.2x28.4x3.1x
Mon, 27 Mar 2023JP¥15.1tJP¥5.1tJP¥559.2b16.8x27x3x
Wed, 22 Feb 2023JP¥15.1tJP¥5.1tJP¥559.2b17.1x27.1x3x
Fri, 20 Jan 2023JP¥15.2tJP¥4.9tJP¥551.3b15.1x27.7x3.1x
Sun, 18 Dec 2022JP¥16.1tJP¥4.9tJP¥551.1b15.3x29.3x3.3x
Tue, 15 Nov 2022JP¥17.0tJP¥4.9tJP¥550.5b15.3x30.9x3.4x
Thu, 13 Oct 2022JP¥16.6tJP¥4.8tJP¥540.4b14.4x30.7x3.5x
Sat, 10 Sep 2022JP¥17.7tJP¥4.8tJP¥540.3b15.9x32.8x3.7x
Mon, 08 Aug 2022JP¥17.0tJP¥4.7tJP¥550.2b15.9x30.9x3.6x
Wed, 06 Jul 2022JP¥15.5tJP¥4.7tJP¥545.3b14.7x28.4x3.3x
Fri, 03 Jun 2022JP¥16.2tJP¥4.7tJP¥544.7b14.9x29.7x3.5x
Sun, 01 May 2022JP¥15.5tJP¥4.6tJP¥550.2b13x28.2x3.4x
Tue, 29 Mar 2022JP¥15.9tJP¥4.6tJP¥549.6b13.3x28.9x3.5x
Price to Earnings Ratio

28.9x


Total Market Cap: JP¥15.9tTotal Earnings: JP¥549.6bTotal Revenue: JP¥4.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Medical Equipment Industry Price to Earnings3Y Average 31.8x202320242025
Current Industry PE
  • Investors are pessimistic on the Japanese Medical Equipment 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 27.1x which is lower than its 3-year average PE of 31.8x.
  • The industry is trading close to its 3-year average PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have grown 4.5% per year over the last three years.
  • Revenues for these companies have grown 7.4% 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 Healthcare industry?

JP Market3.33%
Healthcare1.29%
Medical Equipment1.30%
Medical Equipment1.47%
Medical Supplies1.09%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry even though it's trading below its 3-year average PE ratio of 33.3x.
    • Analysts are expecting annual earnings growth of 11.2%, which is higher than its past year's earnings growth of 2.5% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 30.9x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is better than its past earnings growth rate of 7.9% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 11% 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
7741 HOYAJP¥17.58k1.1%
+JP¥65.4b
-10.7%PE29.1x
4543 TerumoJP¥2.77k0.5%
+JP¥19.2b
-1.8%PE32.7x
7716 NakanishiJP¥2.24k5.4%
+JP¥9.6b
-3.0%PE21.9x
7747 Asahi InteccJP¥2.40k1.1%
+JP¥7.1b
-15.8%PE35.7x
7575 Japan LifelineJP¥1.58k3.5%
+JP¥3.7b
23.4%PE13.1x
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Latest News

7741

JP¥17,575.00

HOYA

7D

1.1%

1Y

-10.7%

4549

JP¥2,306.00

Eiken Chemical

7D

-0.3%

1Y

15.6%

7733

JP¥1,950.00

Olympus

7D

-2.4%

1Y

-12.3%

7817

JP¥2,600.00

Paramount Bed Holdings

7D

1.4%

1Y

-2.8%

3593

JP¥4,820.00

Hogy MedicalLtd

7D

-0.4%

1Y

28.5%

8086

JP¥1,342.50

Nipro

7D

-0.4%

1Y

9.7%

7749

JP¥2,679.00

MedikitLtd

7D

-1.5%

1Y

-11.4%

6960

JP¥6,400.00

Fukuda Denshi

7D

-1.5%

1Y

-5.5%

6849

JP¥2,087.00

Nihon Kohden

7D

-0.7%

1Y

3.9%

4543

JP¥2,770.00

Terumo

7D

0.5%

1Y

-1.8%

7979

JP¥2,078.00

Shofu

7D

2.4%

1Y

43.6%

7747

JP¥2,400.50

Asahi Intecc

7D

1.1%

1Y

-15.8%

7730

JP¥1,363.00

Mani

7D

-0.5%

1Y

-32.2%

7716

JP¥2,237.00

Nakanishi

7D

5.4%

1Y

-3.0%

5585

JP¥2,183.00

EcoNaviSta

7D

27.2%

1Y

-13.9%

7575

JP¥1,576.00

Japan Lifeline

7D

3.5%

1Y

23.4%