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Japanese (NIKKEI) Medical Equipment Industry Analysis

UpdatedSep 25, 2025
DataAggregated Company Financials
Companies39
  • 7D-1.7%
  • 3M7.2%
  • 1Y-7.9%
  • YTD-8.4%

Over the last 7 days, the Medical Equipment industry has dropped 1.7%, driven by a pullback from Terumo of 5.2%. However, the industry is down 7.9% over the past year. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Sep 2025JP¥17.0tJP¥5.7tJP¥624.2b17x27.2x3x
Sat, 23 Aug 2025JP¥16.7tJP¥5.7tJP¥624.2b16.4x26.8x2.9x
Mon, 21 Jul 2025JP¥16.0tJP¥5.7tJP¥624.6b15.6x25.7x2.8x
Wed, 18 Jun 2025JP¥15.8tJP¥5.7tJP¥621.6b14.7x25.4x2.8x
Fri, 16 May 2025JP¥16.4tJP¥5.7tJP¥639.5b15.9x25.7x2.9x
Sun, 13 Apr 2025JP¥15.3tJP¥5.7tJP¥626.9b14.8x24.5x2.7x
Tue, 11 Mar 2025JP¥16.8tJP¥5.7tJP¥627.2b15.8x26.8x3x
Thu, 06 Feb 2025JP¥18.0tJP¥5.6tJP¥576.4b15.6x31.2x3.2x
Sat, 04 Jan 2025JP¥19.0tJP¥5.5tJP¥563.2b15.9x33.7x3.4x
Mon, 02 Dec 2024JP¥18.9tJP¥5.5tJP¥563.2b15.2x33.5x3.4x
Wed, 30 Oct 2024JP¥19.2tJP¥5.4tJP¥515.0b17x37.2x3.5x
Fri, 27 Sep 2024JP¥19.1tJP¥5.4tJP¥515.7b17.9x36.9x3.5x
Sun, 25 Aug 2024JP¥19.3tJP¥5.4tJP¥517.1b18.5x37.3x3.6x
Tue, 23 Jul 2024JP¥18.5tJP¥5.3tJP¥492.0b15.5x37.6x3.5x
Thu, 20 Jun 2024JP¥18.0tJP¥5.4tJP¥513.4b14.9x35.1x3.3x
Sat, 18 May 2024JP¥18.6tJP¥5.4tJP¥507.9b16.1x36.6x3.4x
Mon, 15 Apr 2024JP¥17.2tJP¥5.3tJP¥485.1b17.5x35.4x3.2x
Wed, 13 Mar 2024JP¥18.5tJP¥5.3tJP¥485.2b17.9x38x3.5x
Fri, 09 Feb 2024JP¥18.1tJP¥5.3tJP¥518.1b17.8x34.9x3.4x
Sun, 07 Jan 2024JP¥16.9tJP¥5.2tJP¥510.0b17.8x33.2x3.2x
Tue, 05 Dec 2023JP¥16.9tJP¥5.2tJP¥510.0b17.8x33.2x3.2x
Thu, 02 Nov 2023JP¥15.7tJP¥5.1tJP¥562.6b17.6x27.8x3x
Sat, 30 Sep 2023JP¥15.5tJP¥5.1tJP¥563.4b17.2x27.5x3x
Mon, 28 Aug 2023JP¥15.8tJP¥5.1tJP¥563.4b17.4x28.1x3.1x
Wed, 26 Jul 2023JP¥17.0tJP¥5.1tJP¥582.7b16.7x29.2x3.3x
Fri, 23 Jun 2023JP¥17.9tJP¥5.1tJP¥583.3b16.7x30.7x3.5x
Sun, 21 May 2023JP¥17.0tJP¥5.1tJP¥583.3b16.7x29.2x3.3x
Tue, 18 Apr 2023JP¥15.9tJP¥5.1tJP¥559.5b16.8x28.5x3.2x
Thu, 16 Mar 2023JP¥15.1tJP¥5.1tJP¥559.2b16.9x27x3x
Sat, 11 Feb 2023JP¥15.7tJP¥5.0tJP¥538.9b16.4x29.2x3.1x
Mon, 09 Jan 2023JP¥14.7tJP¥4.9tJP¥551.3b14.9x26.6x3x
Wed, 07 Dec 2022JP¥16.1tJP¥4.9tJP¥551.1b15.2x29.2x3.3x
Fri, 04 Nov 2022JP¥16.9tJP¥4.8tJP¥545.8b14.6x30.9x3.5x
Sun, 02 Oct 2022JP¥16.3tJP¥4.8tJP¥540.3b14.4x30.1x3.4x
Price to Earnings Ratio

30.1x


Total Market Cap: JP¥16.3tTotal Earnings: JP¥540.3bTotal Revenue: JP¥4.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Medical Equipment Industry Price to Earnings3Y Average 31.2x202320242025
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 27.2x which is lower than its 3-year average PE of 31.2x.
  • The industry is trading close to its 3-year average PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have grown 4.9% per year over the last three years.
  • Revenues for these companies have grown 6.0% 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 Market0.63%
Healthcare-0.45%
Medical Equipment-1.69%
Medical Equipment-1.64%
Medical Supplies-1.74%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry, which is trading close to its 3-year average PE ratio of 33.3x.
    • Analysts are expecting annual earnings growth of 10.1%, which is higher than its past year's earnings decline of 0.9% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 29.9x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 10% over the next 5 years.
  • This is better than its past earnings decline of 0.9% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 10% 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
7733 OlympusJP¥1.89k2.0%
+JP¥41.7b		-29.6%PE18.8x
7817 Paramount Bed HoldingsJP¥3.18k17.7%
+JP¥26.8b		19.8%PE20.7x
368A KitazatoJP¥1.53k3.5%
+JP¥2.0b		n/aPE16.4x
7979 ShofuJP¥2.01k1.7%
+JP¥1.2b		-18.8%PE17.6x
6823 RionJP¥2.72k2.4%
+JP¥800.8m		25.5%PE11x

Latest News

7817
JP¥3,175.00
Paramount Bed Holdings
7D
17.7%
1Y
19.8%
7979
JP¥2,009.00
Shofu
7D
1.7%
1Y
-18.8%
7741
JP¥20,650.00
HOYA
7D
-2.0%
1Y
1.6%
4543
JP¥2,400.00
Terumo
7D
-5.2%
1Y
-11.3%
6869
JP¥1,836.00
Sysmex
7D
-3.9%
1Y
-34.4%
3593
JP¥5,260.00
Hogy MedicalLtd
7D
-2.6%
1Y
13.6%
7634
JP¥5,050.00
Hoshi Iryo-Sanki
7D
1.2%
1Y
18.5%
6823
JP¥2,724.00
Rion
7D
2.4%
1Y
25.5%
6960
JP¥6,760.00
Fukuda Denshi
7D
-1.7%
1Y
-10.9%
7733
JP¥1,887.50
Olympus
7D
2.0%
1Y
-29.6%
7747
JP¥2,432.50
Asahi Intecc
7D
-8.1%
1Y
-5.9%
7716
JP¥2,030.00
Nakanishi
7D
-1.8%
1Y
-24.5%
368A
JP¥1,526.00
Kitazato
7D
3.5%
1Y
n/a
4595
JP¥1,617.00
Mizuho MedyLtd
7D
1.3%
1Y
1.7%
7575
JP¥1,509.00
Japan Lifeline
7D
-2.8%
1Y
21.8%
7730
JP¥1,289.00
Mani
7D
0.6%
1Y
-30.5%

Global Markets And Operational Improvements Will Secure A Promising Future

Key Takeaways Return to growth in China and broadened global market reach are expected to boost revenue and enhance geographic diversification. Operational improvements and innovation are set to drive higher margins and capitalize on growing demand for premium healthcare devices.