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Japanese (NIKKEI) Medical Equipment Industry Analysis

UpdatedMay 21, 2022
DataAggregated Company Financials
Companies20
  • 7D-1.7%
  • 3M6.1%
  • 1Y-2.6%
  • YTD-21.2%

Over the last 7 days, the Medical Equipment industry has dropped 1.7%, driven by pullbacks in Sysmex and Olympus of 7.0% and 3.5%, respectively. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sun, 22 May 2022JP¥9.6tJP¥3.0tJP¥359.1b12.5x
Tue, 19 Apr 2022JP¥9.1tJP¥3.0tJP¥343.0b12.7x
Thu, 17 Mar 2022JP¥8.4tJP¥3.0tJP¥343.0b12.2x
Sat, 12 Feb 2022JP¥9.8tJP¥2.9tJP¥342.8b13x
Mon, 10 Jan 2022JP¥10.9tJP¥2.9tJP¥341.2b15.2x
Wed, 08 Dec 2021JP¥11.3tJP¥2.9tJP¥341.2b15.4x
Fri, 05 Nov 2021JP¥12.1tJP¥2.8tJP¥308.4b18.3x
Sun, 03 Oct 2021JP¥11.5tJP¥2.5tJP¥289.4b18.7x
Tue, 31 Aug 2021JP¥10.7tJP¥2.5tJP¥289.4b19.1x
Wed, 07 Jul 2021JP¥10.4tJP¥2.5tJP¥289.1b20.4x
Sat, 10 Apr 2021JP¥9.9tJP¥2.4tJP¥240.7b22.4x
Fri, 01 Jan 2021JP¥10.2tJP¥2.3tJP¥208.2b25.2x
Mon, 05 Oct 2020JP¥9.3tJP¥2.3tJP¥196.6b22.9x
Thu, 09 Jul 2020JP¥8.7tJP¥2.3tJP¥206.6b20.5x
Wed, 01 Apr 2020JP¥7.7tJP¥2.4tJP¥225.8b22x
Sat, 04 Jan 2020JP¥7.9tJP¥2.4tJP¥247.6b23.4x
Tue, 08 Oct 2019JP¥7.2tJP¥2.4tJP¥236.6b21x
Mon, 01 Jul 2019JP¥6.7tJP¥2.4tJP¥210.6b21.4x
Median PE Ratio

19.3x


Total Market Cap: JP¥6.8tTotal Earnings: JP¥185.1bTotal Revenue: JP¥2.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Medical Equipment Industry Median PE3Y Average 20x202020212022
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 12.5x which is lower than its 3-year average PE of 20.1x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Equipment industry have grown 25% per year over the last three years.
  • Revenues for these companies have grown 8.6% 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 Market0.71%
Healthcare0.086%
Medical Equipment-0.18%
Medical Equipment-1.65%
Medical Supplies2.17%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
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
3446 JTECJP¥2.08k30.4%
+JP¥2.8b
-24.0%n/a
6960 Fukuda DenshiJP¥7.25k1.3%
+JP¥1.4b
-15.7%PS6.8x
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Latest News

7813

JP¥839.00

Platz

7D

-0.9%

1Y

-52.0%

3446

JP¥2,076.00

JTEC

7D

30.4%

1Y

-24.0%