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Japanese (NIKKEI) Medical Equipment Industry Analysis

UpdatedApr 26, 2024
DataAggregated Company Financials
Companies23
  • 7D0.2%
  • 3M-0.6%
  • 1Y7.3%
  • YTDn/a

Over the last 7 days, the Medical Equipment industry has dropped 4.1%, driven by JEOL declining 13%. As for the longer term, the industry's performance has been flat for 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
Fri, 26 Apr 2024JP¥9.6tJP¥3.4tJP¥270.2b14x35.7x2.8x
Sun, 24 Mar 2024JP¥10.3tJP¥3.4tJP¥270.0b14x38x3x
Tue, 20 Feb 2024JP¥10.2tJP¥3.4tJP¥270.0b13.4x37.8x3x
Thu, 18 Jan 2024JP¥9.9tJP¥3.4tJP¥301.9b12.9x32.7x2.9x
Sat, 16 Dec 2023JP¥9.3tJP¥3.4tJP¥302.0b13.9x30.9x2.7x
Mon, 13 Nov 2023JP¥8.8tJP¥3.4tJP¥293.4b13.8x30.1x2.6x
Wed, 11 Oct 2023JP¥8.6tJP¥3.3tJP¥361.1b14.9x23.8x2.6x
Fri, 08 Sep 2023JP¥9.1tJP¥3.3tJP¥361.1b14.8x25.2x2.7x
Sun, 06 Aug 2023JP¥9.6tJP¥3.3tJP¥368.5b14.1x26.1x2.9x
Tue, 04 Jul 2023JP¥10.0tJP¥3.3tJP¥366.6b15x27.3x3x
Thu, 01 Jun 2023JP¥9.3tJP¥3.3tJP¥366.6b14.2x25.3x2.8x
Sat, 29 Apr 2023JP¥9.3tJP¥3.3tJP¥342.5b13.6x27.1x2.8x
Mon, 27 Mar 2023JP¥8.6tJP¥3.3tJP¥342.5b13.4x25.1x2.6x
Wed, 22 Feb 2023JP¥8.8tJP¥3.3tJP¥342.5b14.2x25.7x2.7x
Fri, 20 Jan 2023JP¥8.9tJP¥3.2tJP¥327.5b13.9x27.3x2.8x
Sun, 18 Dec 2022JP¥9.6tJP¥3.2tJP¥327.1b14.5x29.4x3x
Tue, 15 Nov 2022JP¥10.0tJP¥3.2tJP¥326.9b14.3x30.7x3.1x
Thu, 13 Oct 2022JP¥9.9tJP¥3.1tJP¥318.8b12.5x31.1x3.2x
Sat, 10 Sep 2022JP¥10.7tJP¥3.1tJP¥318.8b13.5x33.6x3.4x
Mon, 08 Aug 2022JP¥10.1tJP¥3.1tJP¥331.8b12.8x30.3x3.3x
Wed, 06 Jul 2022JP¥9.7tJP¥3.0tJP¥334.1b13.1x29.2x3.2x
Fri, 03 Jun 2022JP¥9.8tJP¥3.0tJP¥333.7b13x29.3x3.2x
Sun, 01 May 2022JP¥9.2tJP¥3.0tJP¥343.2b12.5x26.8x3.1x
Tue, 29 Mar 2022JP¥9.2tJP¥3.0tJP¥343.0b12.7x26.8x3.1x
Thu, 24 Feb 2022JP¥8.8tJP¥3.0tJP¥343.0b11.2x25.8x3x
Sat, 22 Jan 2022JP¥10.3tJP¥2.9tJP¥341.2b13.8x30.1x3.5x
Mon, 20 Dec 2021JP¥11.6tJP¥2.9tJP¥341.2b15.1x33.9x4x
Wed, 17 Nov 2021JP¥11.9tJP¥2.9tJP¥340.5b18.2x34.9x4.1x
Fri, 15 Oct 2021JP¥11.8tJP¥2.8tJP¥306.3b18.2x38.6x4.2x
Sun, 12 Sep 2021JP¥11.7tJP¥2.5tJP¥289.4b19.9x40.5x4.7x
Tue, 10 Aug 2021JP¥10.5tJP¥2.5tJP¥289.4b18.8x36.1x4.2x
Mon, 03 May 2021JP¥9.8tJP¥2.4tJP¥240.7b21.7x40.6x4.1x
Price to Earnings Ratio

40.6x


Total Market Cap: JP¥9.8tTotal Earnings: JP¥240.7bTotal Revenue: JP¥2.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Medical Equipment Industry Price to Earnings3Y Average 31.1x202220232024
Current Industry PE
  • Investors are optimistic on the Japanese Healthcare Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 34.5x which is higher than its 3-year average PE of 31.1x.
  • The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Equipment industry have grown 3.9% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Japanese Medical Equipment compare with similar industries?

JP Market-0.51%
Healthcare0.69%
Medical Equipment1.36%
Medical Equipment0.16%
Medical Supplies2.85%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
4543 TerumoJP¥2.60k0.9%
+JP¥34.1b		30.0%PE38.9x
6869 SysmexJP¥2.49k1.5%
+JP¥23.5b		-15.4%PE34.4x
6849 Nihon KohdenJP¥4.24k3.1%
+JP¥10.6b		14.2%PE22x
7716 NakanishiJP¥2.31k5.2%
+JP¥9.6b		-8.9%PE8.6x
7779 CYBERDYNEJP¥208.005.6%
+JP¥2.3b		-24.9%PS10.6x
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Latest News

7716

JP¥2,312.00

Nakanishi

7D

5.2%

1Y

-8.9%

6951

JP¥6,280.00

JEOL

7D

-8.2%

1Y

61.2%

JEOL (TSE:6951) Is Doing The Right Things To Multiply Its Share Price

Apr 22
JEOL (TSE:6951) Is Doing The Right Things To Multiply Its Share Price

6523

JP¥1,124.00

PHC Holdings

7D

-0.2%

1Y

-19.7%

PHC Holdings Corporation's (TSE:6523) Prospects Need A Boost To Lift Shares

Apr 20
PHC Holdings Corporation's (TSE:6523) Prospects Need A Boost To Lift Shares

6849

JP¥4,238.00

Nihon Kohden

7D

3.1%

1Y

14.2%

4543

JP¥2,597.50

Terumo

7D

0.9%

1Y

30.0%

Investors Still Waiting For A Pull Back In Terumo Corporation (TSE:4543)

Apr 12
Investors Still Waiting For A Pull Back In Terumo Corporation (TSE:4543)

6960

JP¥6,250.00

Fukuda Denshi

7D

-1.1%

1Y

50.6%

Fukuda Denshi Co., Ltd.'s (TSE:6960) Shares Not Telling The Full Story

Apr 06
Fukuda Denshi Co., Ltd.'s (TSE:6960) Shares Not Telling The Full Story

6869

JP¥2,488.00

Sysmex

7D

1.5%

1Y

-15.4%

5585

JP¥2,016.00

EcoNaviSta

7D

-14.5%

1Y

n/a

7733

JP¥2,187.00

Olympus

7D

-1.1%

1Y

-6.5%

Slowing Rates Of Return At Olympus (TSE:7733) Leave Little Room For Excitement

Mar 28
Slowing Rates Of Return At Olympus (TSE:7733) Leave Little Room For Excitement

7779

JP¥208.00

CYBERDYNE

7D

5.6%

1Y

-24.9%

7634

JP¥5,050.00

Hoshi Iryo-Sanki

7D

1.1%

1Y

30.0%

6823

JP¥3,050.00

Rion

7D

0.5%

1Y

54.6%

7575

JP¥1,143.00

Japan Lifeline

7D

-1.1%

1Y

24.8%

7749

JP¥2,828.00

MedikitLtd

7D

-3.5%

1Y

19.3%

7817

JP¥2,628.00

Paramount Bed Holdings

7D

-1.5%

1Y

10.9%

4595

JP¥3,320.00

Mizuho MedyLtd

7D

1.5%

1Y

47.9%