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Japanese (NIKKEI) Medical Equipment Industry Analysis

UpdatedMay 21, 2022
DataAggregated Company Financials
Companies38
  • 7D-0.2%
  • 3M-2.0%
  • 1Y-7.6%
  • YTD-22.2%

Last week, the Medical Equipment industry hasn't moved much but HOYA is up 5.5% in that time. As for the longer term, the industry has declined 7.6% in the last year. Earnings are forecast to grow by 9.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 21 May 2022JP¥15.8tJP¥4.6tJP¥570.0b13.7x
Mon, 18 Apr 2022JP¥15.4tJP¥4.6tJP¥549.5b13.1x
Wed, 16 Mar 2022JP¥14.5tJP¥4.6tJP¥549.6b13.1x
Fri, 11 Feb 2022JP¥17.1tJP¥4.6tJP¥562.4b12.6x
Sun, 09 Jan 2022JP¥18.5tJP¥4.5tJP¥558.1b14.8x
Tue, 07 Dec 2021JP¥19.6tJP¥4.5tJP¥558.2b15.4x
Thu, 04 Nov 2021JP¥20.2tJP¥4.4tJP¥523.5b16.9x
Sat, 02 Oct 2021JP¥19.7tJP¥4.0tJP¥493.8b17.8x
Mon, 30 Aug 2021JP¥18.9tJP¥4.0tJP¥493.9b18.9x
Tue, 06 Jul 2021JP¥17.8tJP¥4.0tJP¥493.6b19.7x
Fri, 09 Apr 2021JP¥16.6tJP¥3.8tJP¥423.3b22.1x
Thu, 31 Dec 2020JP¥17.7tJP¥3.7tJP¥349.6b26.9x
Sun, 04 Oct 2020JP¥15.9tJP¥3.7tJP¥329.0b25.1x
Wed, 08 Jul 2020JP¥14.5tJP¥3.8tJP¥343.9b24.5x
Tue, 31 Mar 2020JP¥12.9tJP¥3.9tJP¥366.9b24.9x
Fri, 03 Jan 2020JP¥13.8tJP¥3.9tJP¥424.1b22.7x
Mon, 07 Oct 2019JP¥12.2tJP¥3.9tJP¥415.4b21.7x
Sun, 30 Jun 2019JP¥11.5tJP¥3.8tJP¥385.3b23.3x
Median PE Ratio

23.1x


Total Market Cap: JP¥11.4tTotal Earnings: JP¥359.5bTotal Revenue: JP¥3.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Medical Equipment Industry Median PE3Y Average 21.4x202020212022
Current Industry PE
  • Investors are more pessimistic on the 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 13.7x which is lower than its 3-year average PE of 21.5x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have grown 17% per year over the last three years.
  • Revenues for these companies have grown 7.2% 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 Market0.71%
Healthcare0.086%
Medical Equipment-0.18%
Medical Supplies2.17%
Medical Equipment-1.65%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry even though it's trading below its 3-year average PE ratio of 24.5x.
  • Analysts are expecting annual earnings growth of 9.0%, which is higher than its past year's earnings decline of 1.6% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 20.1x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 11% over the next 5 years.
  • However this is lower than its past earnings growth rate of 26% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 9.0% 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¥13.28k5.5%
+JP¥251.9b
-8.6%PS29.5x
4543 TerumoJP¥4.03k2.0%
+JP¥61.3b
-2.2%PS34.4x
7716 NakanishiJP¥2.22k6.5%
+JP¥11.6b
-2.6%PS18.7x
6951 JEOLJP¥6.19k3.7%
+JP¥11.2b
19.3%PS25.7x
7780 MeniconJP¥2.58k5.1%
+JP¥9.5b
-28.4%PS30.2x
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Latest News

8086

JP¥1,023.00

Nipro

7D

-1.6%

1Y

-23.5%

3446

JP¥2,076.00

JTEC

7D

30.4%

1Y

-24.0%