Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Japanese (NIKKEI) Medical Equipment Industry Analysis

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies40
  • 7D0.5%
  • 3M-1.4%
  • 1Y6.9%
  • YTD2.1%

The Medical Equipment is pretty flat in the last 7 days, but HOYA has stood out, gaining 3.1%. The past year has been better, since the industry has gained 6.2% in that time. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jan 2025JP¥18.9tJP¥5.5tJP¥563.2b15.5x33.6x3.4x
Thu, 19 Dec 2024JP¥19.0tJP¥5.5tJP¥563.2b15.5x33.7x3.4x
Sat, 16 Nov 2024JP¥19.2tJP¥5.5tJP¥568.3b14.4x33.8x3.5x
Mon, 14 Oct 2024JP¥19.8tJP¥5.4tJP¥515.0b19.3x38.5x3.6x
Wed, 11 Sep 2024JP¥18.1tJP¥5.4tJP¥515.7b17.2x35.2x3.3x
Fri, 09 Aug 2024JP¥17.6tJP¥5.3tJP¥499.8b14.1x35.2x3.3x
Sun, 07 Jul 2024JP¥18.5tJP¥5.3tJP¥491.6b15.3x37.6x3.5x
Tue, 04 Jun 2024JP¥18.5tJP¥5.4tJP¥513.4b15.6x36.1x3.4x
Thu, 02 May 2024JP¥17.8tJP¥5.3tJP¥485.3b17.6x36.8x3.4x
Sat, 30 Mar 2024JP¥18.2tJP¥5.3tJP¥485.2b17.6x37.5x3.4x
Mon, 26 Feb 2024JP¥18.6tJP¥5.3tJP¥485.2b16.5x38.2x3.5x
Wed, 24 Jan 2024JP¥18.5tJP¥5.2tJP¥509.6b19.2x36.3x3.5x
Fri, 22 Dec 2023JP¥16.8tJP¥5.2tJP¥510.0b17.2x33x3.2x
Sun, 19 Nov 2023JP¥17.1tJP¥5.2tJP¥510.3b17.9x33.6x3.3x
Tue, 17 Oct 2023JP¥15.4tJP¥5.1tJP¥563.7b17.1x27.4x3x
Thu, 14 Sep 2023JP¥16.4tJP¥5.1tJP¥563.4b17.4x29x3.2x
Sat, 12 Aug 2023JP¥16.5tJP¥5.2tJP¥558.9b16.7x29.4x3.2x
Mon, 10 Jul 2023JP¥17.0tJP¥5.1tJP¥582.9b16.7x29.1x3.3x
Wed, 07 Jun 2023JP¥17.8tJP¥5.1tJP¥583.3b16.7x30.5x3.5x
Fri, 05 May 2023JP¥16.4tJP¥5.1tJP¥558.5b17.5x29.3x3.2x
Sun, 02 Apr 2023JP¥15.5tJP¥5.1tJP¥559.2b16.7x27.7x3.1x
Tue, 28 Feb 2023JP¥15.0tJP¥5.1tJP¥559.2b17.1x26.8x3x
Thu, 26 Jan 2023JP¥15.6tJP¥4.9tJP¥551.3b15.3x28.4x3.2x
Sat, 24 Dec 2022JP¥15.1tJP¥4.9tJP¥551.5b14.9x27.3x3x
Mon, 21 Nov 2022JP¥16.5tJP¥4.9tJP¥551.1b15.5x30x3.3x
Wed, 19 Oct 2022JP¥17.3tJP¥4.8tJP¥540.9b15.1x32.1x3.6x
Fri, 16 Sep 2022JP¥17.3tJP¥4.8tJP¥540.3b15x32x3.6x
Sun, 14 Aug 2022JP¥17.5tJP¥4.8tJP¥536.4b14.9x32.6x3.7x
Tue, 12 Jul 2022JP¥16.3tJP¥4.7tJP¥545.3b14.8x29.8x3.5x
Thu, 09 Jun 2022JP¥16.3tJP¥4.7tJP¥544.7b14.6x29.9x3.5x
Sat, 07 May 2022JP¥15.3tJP¥4.6tJP¥550.2b13.2x27.8x3.3x
Mon, 04 Apr 2022JP¥15.9tJP¥4.6tJP¥549.6b13.5x28.9x3.5x
Wed, 02 Mar 2022JP¥16.4tJP¥4.6tJP¥549.6b13.4x29.8x3.6x
Fri, 28 Jan 2022JP¥16.3tJP¥4.5tJP¥558.4b12.2x29.1x3.6x
Price to Earnings Ratio

29.1x


Total Market Cap: JP¥16.3tTotal Earnings: JP¥558.4bTotal Revenue: JP¥4.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Medical Equipment Industry Price to Earnings3Y Average 31.8x202320242025
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-0.21%
Healthcare0.30%
Medical Equipment0.54%
Medical Supplies2.23%
Medical Equipment-0.91%
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 3.7% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading close to its 3-year average of 30.8x.
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
7741 HOYAJP¥21.22k4.7%
+JP¥332.2b		12.6%PE37.5x
6849 Nihon KohdenJP¥2.11k4.6%
+JP¥15.2b		-8.0%PE36.6x
7747 Asahi InteccJP¥2.56k1.9%
+JP¥13.2b		-15.4%PE42x
7780 MeniconJP¥1.44k8.3%
+JP¥8.4b		-37.5%PE22.6x
7716 NakanishiJP¥2.55k2.6%
+JP¥5.5b		-0.08%PE24.8x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

6869

JP¥2,938.00

Sysmex

7D

-0.2%

1Y

5.0%

Returns On Capital At Sysmex (TSE:6869) Have Stalled

Jan 21
Returns On Capital At Sysmex (TSE:6869) Have Stalled

7780

JP¥1,443.00

Menicon

7D

8.3%

1Y

-37.5%

Menicon Co., Ltd.'s (TSE:7780) Intrinsic Value Is Potentially 91% Above Its Share Price

Jan 21
Menicon Co., Ltd.'s (TSE:7780) Intrinsic Value Is Potentially 91% Above Its Share Price

197A

JP¥629.00

TAUNS LaboratoriesInc

7D

-10.7%

1Y

n/a

7733

JP¥2,306.00

Olympus

7D

-1.6%

1Y

2.3%

A Look At The Intrinsic Value Of Olympus Corporation (TSE:7733)

Jan 17
A Look At The Intrinsic Value Of Olympus Corporation (TSE:7733)

7741

JP¥21,220.00

HOYA

7D

4.7%

1Y

12.6%

HOYA Corporation (TSE:7741) Not Flying Under The Radar

Jan 12
HOYA Corporation (TSE:7741) Not Flying Under The Radar

4543

JP¥2,926.00

Terumo

7D

-2.2%

1Y

13.7%

Terumo (TSE:4543) Could Easily Take On More Debt

Jan 11
Terumo (TSE:4543) Could Easily Take On More Debt

7730

JP¥1,489.50

Mani

7D

-1.2%

1Y

-29.9%

Mani, Inc. (TSE:7730) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates

Jan 10
Mani, Inc. (TSE:7730) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates

6960

JP¥6,660.00

Fukuda Denshi

7D

-1.6%

1Y

-16.2%

Risks To Shareholder Returns Are Elevated At These Prices For Fukuda Denshi Co., Ltd. (TSE:6960)

Jan 09
Risks To Shareholder Returns Are Elevated At These Prices For Fukuda Denshi Co., Ltd. (TSE:6960)

6849

JP¥2,109.50

Nihon Kohden

7D

4.6%

1Y

-8.0%

8086

JP¥1,446.50

Nipro

7D

-1.0%

1Y

19.9%

Nipro (TSE:8086) Is Paying Out A Larger Dividend Than Last Year

Jan 07
Nipro (TSE:8086) Is Paying Out A Larger Dividend Than Last Year

7716

JP¥2,545.00

Nakanishi

7D

2.6%

1Y

-0.08%

4595

JP¥1,446.00

Mizuho MedyLtd

7D

-4.6%

1Y

-18.0%

7747

JP¥2,556.50

Asahi Intecc

7D

1.9%

1Y

-15.4%

6523

JP¥968.00

PHC Holdings

7D

2.0%

1Y

-36.7%

7817

JP¥2,666.00

Paramount Bed Holdings

7D

2.5%

1Y

-2.8%

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¥2,167.00

Shofu

7D

1.4%

1Y

54.0%