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Japanese (NIKKEI) Medical Equipment Industry Analysis

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies40
  • 7D-5.8%
  • 3M-9.5%
  • 1Y-4.4%
  • YTD-7.4%

Over the last 7 days, the Medical Equipment industry has dropped 5.8%, driven by a pullback from HOYA of 8.1%. However, the industry is down 4.4% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Feb 2025JP¥17.2tJP¥5.7tJP¥627.2b16.2x27.4x3x
Sun, 19 Jan 2025JP¥18.7tJP¥5.5tJP¥563.2b15.3x33.2x3.4x
Tue, 17 Dec 2024JP¥19.0tJP¥5.5tJP¥563.2b15.7x33.7x3.4x
Thu, 14 Nov 2024JP¥19.4tJP¥5.5tJP¥569.0b14.4x34x3.5x
Sat, 12 Oct 2024JP¥19.8tJP¥5.4tJP¥515.0b19.3x38.5x3.6x
Mon, 09 Sep 2024JP¥18.2tJP¥5.4tJP¥515.7b16.9x35.4x3.4x
Wed, 07 Aug 2024JP¥17.1tJP¥5.3tJP¥496.1b14.2x34.4x3.2x
Fri, 05 Jul 2024JP¥18.6tJP¥5.3tJP¥491.6b15.4x37.8x3.5x
Sun, 02 Jun 2024JP¥18.4tJP¥5.4tJP¥513.4b15.6x35.9x3.4x
Tue, 30 Apr 2024JP¥17.6tJP¥5.3tJP¥485.1b17.3x36.2x3.3x
Thu, 28 Mar 2024JP¥18.5tJP¥5.3tJP¥485.2b18.3x38.1x3.5x
Sat, 24 Feb 2024JP¥18.6tJP¥5.3tJP¥485.2b16.5x38.2x3.5x
Mon, 22 Jan 2024JP¥18.2tJP¥5.2tJP¥509.6b18.1x35.7x3.5x
Wed, 20 Dec 2023JP¥17.1tJP¥5.2tJP¥510.0b17.4x33.5x3.3x
Fri, 17 Nov 2023JP¥16.7tJP¥5.2tJP¥511.2b17x32.8x3.2x
Sun, 15 Oct 2023JP¥15.4tJP¥5.1tJP¥563.7b17.1x27.4x3x
Tue, 12 Sep 2023JP¥16.2tJP¥5.1tJP¥563.4b17.4x28.8x3.2x
Thu, 10 Aug 2023JP¥16.9tJP¥5.1tJP¥574.1b16.7x29.4x3.3x
Sat, 08 Jul 2023JP¥17.0tJP¥5.1tJP¥582.9b16.7x29.1x3.3x
Mon, 05 Jun 2023JP¥17.6tJP¥5.1tJP¥583.3b16.7x30.2x3.5x
Wed, 03 May 2023JP¥16.1tJP¥5.1tJP¥558.5b17.5x28.9x3.2x
Fri, 31 Mar 2023JP¥15.2tJP¥5.1tJP¥559.2b16.7x27.1x3x
Sun, 26 Feb 2023JP¥15.0tJP¥5.1tJP¥559.2b17.1x26.8x3x
Tue, 24 Jan 2023JP¥15.4tJP¥4.9tJP¥551.3b14.8x27.9x3.1x
Thu, 22 Dec 2022JP¥15.1tJP¥4.9tJP¥551.1b15.1x27.4x3.1x
Sat, 19 Nov 2022JP¥16.5tJP¥4.9tJP¥551.1b15.5x30x3.3x
Mon, 17 Oct 2022JP¥17.1tJP¥4.8tJP¥540.9b14.7x31.7x3.6x
Wed, 14 Sep 2022JP¥18.0tJP¥4.8tJP¥540.3b15.8x33.4x3.8x
Fri, 12 Aug 2022JP¥16.9tJP¥4.8tJP¥554.3b15.5x30.4x3.5x
Sun, 10 Jul 2022JP¥15.9tJP¥4.7tJP¥545.3b14.7x29.1x3.4x
Tue, 07 Jun 2022JP¥16.3tJP¥4.7tJP¥544.7b14.6x29.9x3.5x
Thu, 05 May 2022JP¥15.3tJP¥4.6tJP¥550.2b13.1x27.9x3.4x
Sat, 02 Apr 2022JP¥15.9tJP¥4.6tJP¥549.6b13.5x28.9x3.5x
Mon, 28 Feb 2022JP¥16.1tJP¥4.6tJP¥549.6b13.2x29.4x3.5x
Price to Earnings Ratio

29.4x


Total Market Cap: JP¥16.1tTotal 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 27.4x 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 Market-1.26%
Healthcare-3.43%
Medical Equipment-5.80%
Medical Supplies-5.46%
Medical Equipment-6.10%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry even though it's trading below its 3-year average PE ratio of 33.4x.
    • Analysts are expecting annual earnings growth of 11.4%, 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 13% 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
7747 Asahi InteccJP¥2.63k3.4%
+JP¥23.6b		-7.0%PE39.2x
6869 SysmexJP¥2.74k0.07%
+JP¥1.2b		2.1%PE29.5x
7813 PlatzJP¥674.005.3%
+JP¥120.6m		1.4%PE27.8x
4556 KAINOS LaboratoriesJP¥1.22k2.0%
+JP¥106.8m		6.0%n/a
7702 JMSLtdJP¥478.000.4%
+JP¥49.0m		-6.8%PE98.4x
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Latest News

7747

JP¥2,633.50

Asahi Intecc

7D

3.4%

1Y

-7.0%

Asahi Intecc's (TSE:7747) Solid Earnings Have Been Accounted For Conservatively

Feb 21
Asahi Intecc's (TSE:7747) Solid Earnings Have Been Accounted For Conservatively

5187

JP¥926.00

Create Medic

7D

0.1%

1Y

-2.9%

There May Be Underlying Issues With The Quality Of Create Medic's (TSE:5187) Earnings

Feb 20
There May Be Underlying Issues With The Quality Of Create Medic's (TSE:5187) Earnings

7730

JP¥1,383.00

Mani

7D

-4.8%

1Y

-32.4%

7716

JP¥2,119.00

Nakanishi

7D

-11.3%

1Y

-9.9%

There May Be Some Bright Spots In Nakanishi's (TSE:7716) Earnings

Feb 19
There May Be Some Bright Spots In Nakanishi's (TSE:7716) Earnings

7733

JP¥2,049.00

Olympus

7D

-9.9%

1Y

-6.5%

7780

JP¥1,343.00

Menicon

7D

-5.3%

1Y

-20.9%

Menicon (TSE:7780) Is Increasing Its Dividend To ¥28.00

Feb 18
Menicon (TSE:7780) Is Increasing Its Dividend To ¥28.00

7813

JP¥674.00

Platz

7D

5.3%

1Y

1.4%

Platz (TSE:7813) Is Due To Pay A Dividend Of ¥14.00

Feb 17
Platz (TSE:7813) Is Due To Pay A Dividend Of ¥14.00

4543

JP¥2,670.50

Terumo

7D

-4.5%

1Y

-6.8%

Terumo Corporation (TSE:4543) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Feb 16
Terumo Corporation (TSE:4543) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

6869

JP¥2,738.00

Sysmex

7D

0.07%

1Y

2.1%

Results: Sysmex Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

Feb 14
Results: Sysmex Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

7702

JP¥478.00

JMSLtd

7D

0.4%

1Y

-6.8%

JMSLtd (TSE:7702) Will Pay A Dividend Of ¥8.50

Feb 11
JMSLtd (TSE:7702) Will Pay A Dividend Of ¥8.50

6849

JP¥2,208.00

Nihon Kohden

7D

-4.0%

1Y

7.0%

Nihon Kohden's (TSE:6849) Dividend Will Be ¥16.00

Feb 10
Nihon Kohden's (TSE:6849) Dividend Will Be ¥16.00

8086

JP¥1,311.50

Nipro

7D

-4.2%

1Y

3.8%

6678

JP¥1,759.00

Techno Medica

7D

0.06%

1Y

-0.8%

7741

JP¥17,710.00

HOYA

7D

-8.1%

1Y

-6.4%

Earnings Miss: HOYA Corporation Missed EPS By 6.9% And Analysts Are Revising Their Forecasts

Feb 05
Earnings Miss: HOYA Corporation Missed EPS By 6.9% And Analysts Are Revising Their Forecasts

4556

JP¥1,222.00

KAINOS Laboratories

7D

2.0%

1Y

6.0%