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Japanese (NIKKEI) Industrials Sector Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
  • 7D-2.4%
  • 3M-4.8%
  • 1Y9.9%
  • YTD9.9%

Over the last 7 days, the Industrials industry has dropped 6.0%, driven by a decline by Hitachi of 7.4%. This takes the industry's 12 month performance to a gain of 9.5%.

Sector Valuation and Performance

Has the Japanese Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Fri, 03 Dec 2021JP¥159.8tJP¥212.5tJP¥8.9t11.3x
Sun, 31 Oct 2021JP¥164.3tJP¥206.0tJP¥7.0t12.4x
Tue, 28 Sep 2021JP¥169.3tJP¥205.1tJP¥6.7t13.1x
Thu, 26 Aug 2021JP¥158.3tJP¥205.7tJP¥6.7t12.8x
Fri, 02 Jul 2021JP¥156.3tJP¥205.7tJP¥6.7t12.6x
Mon, 05 Apr 2021JP¥157.5tJP¥196.7tJP¥4.4t13.9x
Thu, 07 Jan 2021JP¥143.4tJP¥193.2tJP¥3.6t13.8x
Wed, 30 Sep 2020JP¥129.4tJP¥198.8tJP¥4.0t13.4x
Sat, 04 Jul 2020JP¥121.8tJP¥207.0tJP¥5.5t12.3x
Tue, 07 Apr 2020JP¥108.5tJP¥217.1tJP¥7.4t10.5x
Fri, 10 Jan 2020JP¥140.4tJP¥218.5tJP¥8.8t13.3x
Thu, 03 Oct 2019JP¥129.5tJP¥221.2tJP¥9.0t11.7x
Sun, 07 Jul 2019JP¥129.5tJP¥220.4tJP¥9.2t11.9x
Wed, 10 Apr 2019JP¥131.6tJP¥220.2tJP¥9.5t11.6x
Tue, 01 Jan 2019JP¥120.9tJP¥213.6tJP¥9.3t11.3x
PE Ratio


Total Market Cap: JP¥135.3tTotal Earnings: JP¥9.6tTotal Revenue: JP¥208.4t0%0%0%3 Year10 Year

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 12.4x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Industrials industry have declined 2.6% per year over the last three years, while revenues have remained mostly flat. This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Japanese Industrials sector?

Marine and Shipping9.27%
Professional Services-1.62%
Commercial Services-3.39%
Trade Distributors-3.46%
Aerospace & Defense-13.93%

Industry PE: Investors are most optimistic about the Trade Distributors industry which is trading above its 3-year average PE ratio of 10.0x. However analysts are expecting annual earnings decline of 2.5%, which is lower than the prior year's growth of 27% per year. So the market might believe that analysts are underestimating future growth or they expect the Trade Distributors industry's earnings to deteriorate the least compared to other industries. Meanwhile, investors are most pessimistic about the Professional Services industry, which is trading below its 3-year average of 21.2x.

Forecasted Growth: Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 64% over the next 5 years. Meanwhile, the Marine and Shipping industry is expected to see its earnings decline by 38% per year over the next few years.

Top Stock Gainers and Losers

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

6367 Daikin IndustriesLtd5.6%+JP¥390.7b8.4%PE35.2x
6098 Recruit Holdings2.6%+JP¥294.2b76.4%PE50.2x
9104 Mitsui O.S.K. Lines17.4%+JP¥135.5b154.4%PE2.7x
9101 Nippon Yusen Kabushiki Kaisha10.7%+JP¥133.5b237.1%PE2.6x
9107 Kawasaki Kisen Kaisha27.7%+JP¥124.1b204.7%PE1.7x
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