Header cover image

Japanese (NIKKEI) Industrials Sector Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies1017
  • 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

12.8x

Total Market Cap: JP¥135.3tTotal Earnings: JP¥9.6tTotal Revenue: JP¥208.4t0%0%0%3 Year10 Year
201920202021

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%
Building0.23%
Logistics-0.14%
Electrical-1.48%
Professional Services-1.62%
Construction-1.74%
Machinery-2.36%
Commercial Services-3.39%
Trade Distributors-3.46%
Industrials-4.02%
Transportation-5.48%
Infrastructure-5.69%
Airlines-6.06%
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?

Company7D1YValuation
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
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

6273

JP¥74,120.00

SMC

7D

-1.3%

1Y

14.3%