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Japanese (NIKKEI) Industrials Sector Analysis

UpdatedSep 17, 2025
DataAggregated Company Financials
Companies1033
  • 7D0.9%
  • 3M13.2%
  • 1Y27.9%
  • YTD18.0%

The Industrials is pretty flat in the last 7 days, but Nidec has stood out, gaining 9.0%. As for the the longer term, the industry is up 28% over the past 12 months. As for the next few years, earnings are expected to grow by 7.1% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Sep 2025JP¥254.9tJP¥271.3tJP¥15.9t13.3x16.1x0.9x
Sat, 16 Aug 2025JP¥252.9tJP¥272.3tJP¥14.6t12.8x17.3x0.9x
Mon, 14 Jul 2025JP¥231.4tJP¥271.8tJP¥16.2t12.1x14.3x0.9x
Wed, 11 Jun 2025JP¥227.2tJP¥271.9tJP¥16.2t11.6x14x0.8x
Fri, 09 May 2025JP¥220.3tJP¥269.6tJP¥16.0t11.4x13.8x0.8x
Sun, 06 Apr 2025JP¥197.7tJP¥268.3tJP¥15.8t10.6x12.5x0.7x
Tue, 04 Mar 2025JP¥215.8tJP¥268.3tJP¥15.8t11.5x13.6x0.8x
Thu, 30 Jan 2025JP¥219.1tJP¥265.6tJP¥15.0t12x14.6x0.8x
Sat, 28 Dec 2024JP¥225.6tJP¥265.9tJP¥15.0t12.1x15x0.8x
Mon, 25 Nov 2024JP¥217.7tJP¥264.5tJP¥14.9t11.8x14.6x0.8x
Wed, 23 Oct 2024JP¥214.3tJP¥262.3tJP¥14.7t11.7x14.6x0.8x
Fri, 20 Sep 2024JP¥205.4tJP¥261.9tJP¥14.7t11.9x14x0.8x
Sun, 18 Aug 2024JP¥212.9tJP¥261.8tJP¥14.6t11.7x14.6x0.8x
Tue, 16 Jul 2024JP¥230.3tJP¥257.8tJP¥14.2t13.1x16.2x0.9x
Thu, 13 Jun 2024JP¥221.2tJP¥257.9tJP¥14.2t12.8x15.6x0.9x
Sat, 11 May 2024JP¥220.0tJP¥257.4tJP¥13.9t13.1x15.9x0.9x
Mon, 08 Apr 2024JP¥214.1tJP¥256.7tJP¥13.9t13x15.4x0.8x
Wed, 06 Mar 2024JP¥213.1tJP¥256.6tJP¥13.9t12.9x15.4x0.8x
Fri, 02 Feb 2024JP¥204.0tJP¥264.1tJP¥13.7t13.2x14.9x0.8x
Sun, 31 Dec 2023JP¥191.1tJP¥264.0tJP¥13.7t12.4x14x0.7x
Tue, 28 Nov 2023JP¥190.6tJP¥264.1tJP¥13.7t12.2x13.9x0.7x
Thu, 26 Oct 2023JP¥179.1tJP¥265.0tJP¥14.8t12x12.1x0.7x
Sat, 23 Sep 2023JP¥193.8tJP¥264.9tJP¥14.8t12.5x13.1x0.7x
Mon, 21 Aug 2023JP¥184.6tJP¥264.8tJP¥14.8t12x12.5x0.7x
Wed, 19 Jul 2023JP¥186.0tJP¥264.2tJP¥15.6t12.1x11.9x0.7x
Fri, 16 Jun 2023JP¥189.9tJP¥264.2tJP¥15.6t12x12.2x0.7x
Sun, 14 May 2023JP¥170.9tJP¥262.2tJP¥15.6t11.5x10.9x0.7x
Tue, 11 Apr 2023JP¥157.5tJP¥258.1tJP¥15.7t11x10x0.6x
Thu, 09 Mar 2023JP¥165.2tJP¥257.2tJP¥15.6t11.4x10.6x0.6x
Sat, 04 Feb 2023JP¥156.9tJP¥253.6tJP¥15.9t10.7x9.9x0.6x
Mon, 02 Jan 2023JP¥151.5tJP¥249.4tJP¥15.8t10.4x9.6x0.6x
Wed, 30 Nov 2022JP¥160.8tJP¥249.3tJP¥15.8t10.7x10.2x0.6x
Fri, 28 Oct 2022JP¥152.5tJP¥237.8tJP¥14.5t10.6x10.5x0.6x
Sun, 25 Sep 2022JP¥155.3tJP¥237.5tJP¥14.5t10.6x10.7x0.7x
Price to Earnings Ratio

10.7x


Total Market Cap: JP¥155.3tTotal Earnings: JP¥14.5tTotal Revenue: JP¥237.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Industrials Sector Price to Earnings3Y Average 13.3x202320242025
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 16.2x which is higher than its 3-year average PE of 13.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.76x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 3.1% per year over the last three years.
  • Revenues for these companies have grown 4.5% 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 Industrials sector?

JP Market1.55%
Industrials0.85%
Aerospace & Defense6.09%
Electrical4.96%
Industrials2.09%
Commercial Services1.46%
Machinery0.98%
Trade Distributors0.55%
Construction0.53%
Logistics0.45%
Marine and Shipping0.44%
Professional Services0.12%
Transportation-0.18%
Infrastructure-0.56%
Airlines-0.76%
Building-3.23%
Industry PE
  • Investors are most optimistic about the Professional Services industry, which is trading close to its 3-year average PE ratio of 25.3x.
    • Analysts are expecting annual earnings growth of 11.4%, which is lower than the prior year's growth of 16.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Aerospace & Defense industry, expecting annual earnings growth of 49% over the next 5 years.
  • This is better than its past earnings growth rate of 5.2% per year.
  • In contrast, the Marine and Shipping industry is expected to see its earnings decline by 19% 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
6594 NidecJP¥2.69k9.0%
+JP¥254.5b		-3.9%PE19.6x
9022 Central Japan RailwayJP¥4.29k3.3%
+JP¥133.9b		31.2%PE8.6x
6503 Mitsubishi ElectricJP¥3.74k1.6%
+JP¥123.2b		63.5%PE21x
6273 SMCJP¥45.38k3.3%
+JP¥93.2b		-22.8%PE20.2x
8015 Toyota TsushoJP¥4.10k2.2%
+JP¥92.9b		61.1%PE11.9x

Latest News

9020
JP¥3,683.00
East Japan Railway
7D
-1.2%
1Y
28.3%

East Japan Railway's (TSE:9020) Dividend Will Be ¥31.00

Sep 17
East Japan Railway's (TSE:9020) Dividend Will Be ¥31.00
9435
JP¥42,120.00
Hikari Tsushin
7D
3.8%
1Y
29.2%

Hikari Tsushin (TSE:9435) Has Announced A Dividend Of ¥181.00

Sep 14
Hikari Tsushin (TSE:9435) Has Announced A Dividend Of ¥181.00
6503
JP¥3,744.00
Mitsubishi Electric
7D
1.6%
1Y
63.5%
8015
JP¥4,103.00
Toyota Tsusho
7D
2.2%
1Y
61.1%

Expansion Of Recycling And Renewable Energy Will Fuel ESG Trends

The upward revision in Toyota Tsusho’s consensus price target likely reflects a modest increase in Future P/E, with profitability margins stable, resulting in a new fair value of ¥3666. What's in the News Toyota Tsusho and Asahi Kasei formed a strategic partnership to supply automotive lithium-ion battery separators in North America, securing preferential production capacity from a new coating facility in Charlotte and supporting growth in the EV battery supply chain.
3064
JP¥2,366.50
MonotaRO
7D
-7.2%
1Y
-0.6%

MonotaRO (TSE:3064) Will Pay A Larger Dividend Than Last Year At ¥16.00

Sep 10
MonotaRO (TSE:3064) Will Pay A Larger Dividend Than Last Year At ¥16.00
6367
JP¥17,665.00
Daikin IndustriesLtd
7D
-2.6%
1Y
0.4%

Returns On Capital At Daikin IndustriesLtd (TSE:6367) Have Hit The Brakes

Sep 07
Returns On Capital At Daikin IndustriesLtd (TSE:6367) Have Hit The Brakes
6098
JP¥8,313.00
Recruit Holdings
7D
-0.5%
1Y
-4.2%

Global HR Digitalization And Automation Will Drive Future Efficiency

Analysts maintain a positive outlook on Recruit Holdings, citing undervalued value-added services, strengthening monetization, and improved profitability, with the consensus price target unchanged at ¥9868. Analyst Commentary Bullish analysts see market underappreciation of Recruit Holdings' emphasis on value-added services.
6594
JP¥2,691.00
Nidec
7D
9.0%
1Y
-3.9%

Expanding Data Center Cooling And EV Demand Will Create Opportunities

With both the Discount Rate and Future P/E ratio for Nidec showing only slight increases, consensus analyst valuation has been effectively maintained, resulting in a marginally higher price target from ¥3581 to ¥3618. What's in the News Nidec's board is meeting to consider establishing a third-party committee.
7011
JP¥3,703.00
Mitsubishi Heavy Industries
7D
-1.0%
1Y
107.0%
8001
JP¥8,522.00
ITOCHU
7D
-1.6%
1Y
16.2%

Sustainability And Digitalization Will Build Resilient Operations

With both the consensus future P/E and discount rate holding steady, analysts have made only a marginal upward adjustment in ITOCHU's fair value, increasing the price target from ¥8,977 to ¥9,037. What's in the News ITOCHU has entered a Joint Development Agreement with L&T Energy Green Tech Limited to develop and commercialise a 300 KTPA green ammonia project in Gujarat, supporting clean energy for maritime applications and low-carbon ammonia as marine fuel.
6501
JP¥3,960.00
Hitachi
7D
-3.9%
1Y
14.5%

Digital Services And Electrification Will Power Future Infrastructure

With Hitachi’s future P/E and discount rate both essentially unchanged, analysts have maintained their fair value estimate with the consensus price target remaining steady at ¥4801. What's in the News Hitachi's board scheduled a meeting to review the status of common stock repurchases.
9735
JP¥5,651.00
SECOM
7D
1.9%
1Y
2.1%
5929
JP¥4,485.00
Sanwa Holdings
7D
-6.0%
1Y
30.4%

Sanwa Holdings (TSE:5929) Will Pay A Larger Dividend Than Last Year At ¥62.00

Sep 04
Sanwa Holdings (TSE:5929) Will Pay A Larger Dividend Than Last Year At ¥62.00
8002
JP¥3,557.00
Marubeni
7D
1.1%
1Y
60.7%

Investors Don't See Light At End Of Marubeni Corporation's (TSE:8002) Tunnel

Aug 28
Investors Don't See Light At End Of Marubeni Corporation's (TSE:8002) Tunnel
6273
JP¥45,380.00
SMC
7D
3.3%
1Y
-22.8%

SMC Corporation's (TSE:6273) Shareholders Might Be Looking For Exit

Aug 27
SMC Corporation's (TSE:6273) Shareholders Might Be Looking For Exit
9022
JP¥4,290.00
Central Japan Railway
7D
3.3%
1Y
31.2%