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Nov 19
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Japanese (NIKKEI) Industrials Sector Analysis
UpdatedNov 20, 2025
DataAggregated Company Financials
Companies1025
- 7D-3.7%
- 3M7.1%
- 1Y26.7%
- YTD23.6%
Over the last 7 days, the Industrials industry has dropped 4.3%, driven by Hitachi declining 10%. Meanwhile, Shimizu actually outperformed within the industry, gaining 5.2% in the last week. In the past year, the industry has gained 24%. Looking forward, earnings are forecast to grow by 7.2% annually.
Sector Valuation and Performance
Has the Japanese Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 21 Nov 2025 | JP¥264.1t | JP¥272.7t | JP¥16.6t | 12.3x | 16x | 1x |
| Sun, 19 Oct 2025 | JP¥258.0t | JP¥270.6t | JP¥15.9t | 13x | 16.2x | 1x |
| Tue, 16 Sep 2025 | JP¥256.9t | JP¥271.3t | JP¥15.9t | 13.2x | 16.2x | 0.9x |
| Thu, 14 Aug 2025 | JP¥255.3t | JP¥272.3t | JP¥14.6t | 12.9x | 17.5x | 0.9x |
| Sat, 12 Jul 2025 | JP¥231.3t | JP¥271.8t | JP¥16.2t | 12x | 14.3x | 0.9x |
| Mon, 09 Jun 2025 | JP¥226.4t | JP¥271.9t | JP¥16.2t | 11.5x | 14x | 0.8x |
| Wed, 07 May 2025 | JP¥216.5t | JP¥269.6t | JP¥16.0t | 11.3x | 13.5x | 0.8x |
| Fri, 04 Apr 2025 | JP¥204.8t | JP¥268.3t | JP¥15.9t | 11.1x | 12.9x | 0.8x |
| Sun, 02 Mar 2025 | JP¥211.2t | JP¥268.3t | JP¥15.8t | 11.4x | 13.3x | 0.8x |
| Tue, 28 Jan 2025 | JP¥219.7t | JP¥265.6t | JP¥15.0t | 12x | 14.6x | 0.8x |
| Thu, 26 Dec 2024 | JP¥219.9t | JP¥265.9t | JP¥15.0t | 12x | 14.7x | 0.8x |
| Sat, 23 Nov 2024 | JP¥217.7t | JP¥264.5t | JP¥14.9t | 11.8x | 14.6x | 0.8x |
| Mon, 21 Oct 2024 | JP¥217.1t | JP¥261.9t | JP¥14.7t | 11.8x | 14.8x | 0.8x |
| Wed, 18 Sep 2024 | JP¥204.9t | JP¥257.5t | JP¥14.6t | 11.8x | 14x | 0.8x |
| Fri, 16 Aug 2024 | JP¥206.0t | JP¥261.8t | JP¥14.6t | 11.7x | 14.1x | 0.8x |
| Sun, 14 Jul 2024 | JP¥230.3t | JP¥257.8t | JP¥14.1t | 13.1x | 16.3x | 0.9x |
| Tue, 11 Jun 2024 | JP¥222.0t | JP¥258.6t | JP¥14.2t | 12.9x | 15.7x | 0.9x |
| Thu, 09 May 2024 | JP¥219.3t | JP¥257.0t | JP¥13.8t | 13x | 15.8x | 0.9x |
| Sat, 06 Apr 2024 | JP¥214.1t | JP¥256.8t | JP¥13.9t | 13x | 15.4x | 0.8x |
| Mon, 04 Mar 2024 | JP¥211.8t | JP¥256.6t | JP¥13.9t | 12.9x | 15.3x | 0.8x |
| Wed, 31 Jan 2024 | JP¥203.0t | JP¥264.0t | JP¥13.7t | 13x | 14.9x | 0.8x |
| Fri, 29 Dec 2023 | JP¥191.0t | JP¥264.0t | JP¥13.7t | 12.4x | 14x | 0.7x |
| Sun, 26 Nov 2023 | JP¥191.7t | JP¥264.1t | JP¥13.7t | 12.2x | 14x | 0.7x |
| Tue, 24 Oct 2023 | JP¥178.3t | JP¥265.0t | JP¥14.8t | 11.9x | 12x | 0.7x |
| Thu, 21 Sep 2023 | JP¥197.1t | JP¥264.9t | JP¥14.8t | 12.7x | 13.3x | 0.7x |
| Sat, 19 Aug 2023 | JP¥184.7t | JP¥264.8t | JP¥14.8t | 12x | 12.5x | 0.7x |
| Mon, 17 Jul 2023 | JP¥184.9t | JP¥264.1t | JP¥15.6t | 12x | 11.8x | 0.7x |
| Wed, 14 Jun 2023 | JP¥186.4t | JP¥264.2t | JP¥15.6t | 11.9x | 12x | 0.7x |
| Fri, 12 May 2023 | JP¥170.7t | JP¥261.3t | JP¥15.7t | 11.5x | 10.9x | 0.7x |
| Sun, 09 Apr 2023 | JP¥157.5t | JP¥258.1t | JP¥15.7t | 11x | 10x | 0.6x |
| Tue, 07 Mar 2023 | JP¥164.1t | JP¥257.2t | JP¥15.6t | 11.3x | 10.5x | 0.6x |
| Thu, 02 Feb 2023 | JP¥157.2t | JP¥250.7t | JP¥15.8t | 10.8x | 9.9x | 0.6x |
| Sat, 31 Dec 2022 | JP¥151.5t | JP¥249.4t | JP¥15.8t | 10.4x | 9.6x | 0.6x |
| Mon, 28 Nov 2022 | JP¥162.3t | JP¥249.3t | JP¥15.8t | 10.9x | 10.3x | 0.7x |
Price to Earnings Ratio
10.3x
Current Industry PE
- Investors are optimistic on the Japanese Industrials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 16.0x which is higher than its 3-year average PE of 13.6x.
- The industry is trading close to its 3-year average PS ratio of 0.78x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 3.0% 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 Industrials sector?
| JP Market | -2.37% | |
| Industrials | -3.67% | |
| Commercial Services | 0.65% | |
| Construction | 0.26% | |
| Marine and Shipping | -0.19% | |
| Transportation | -0.36% | |
| Logistics | -2.43% | |
| Infrastructure | -2.82% | |
| Trade Distributors | -3.50% | |
| Airlines | -3.63% | |
| Building | -3.77% | |
| Machinery | -4.56% | |
| Professional Services | -4.62% | |
| Electrical | -4.86% | |
| Aerospace & Defense | -5.84% | |
| Industrials | -8.14% | |
Industry PE
- Investors are most optimistic about the Industrials industry which is trading above its 3-year average PE ratio of 19.3x.
- Analysts are expecting annual earnings growth of 9.8%, which is lower than the prior year's growth of 43.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Aerospace & Defense industry, expecting annual earnings growth of 58% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Marine and Shipping industry is expected to see its earnings decline by 13% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 7911 TOPPAN Holdings | JP¥3.99k | 7.3% +JP¥76.8b | -0.2% | PE13.1x | |
| 1802 Obayashi | JP¥2.98k | 3.2% +JP¥65.1b | 46.4% | PE12.3x | |
| 9735 SECOM | JP¥5.36k | 3.0% +JP¥62.4b | 4.6% | PE20.3x | |
| 3110 Nitto Boseki | JP¥15.16k | 11.3% +JP¥56.1b | 170.7% | PE38.6x | |
| 2181 Persol HoldingsLtd | JP¥285.50 | 6.4% +JP¥38.4b | 22.3% | PE16.6x |
