Narrative Update • Jul 21

Over the last 7 days, the Construction industry has remained flat, although notably Taisei gained 4.0%. The past year has been better, since the industry has gained 30% in that time. Looking forward, earnings are forecast to grow by 3.5% annually.
Has the Japanese Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 07 Aug 2026 | JP¥23.0t | JP¥28.9t | JP¥1.9t | 11.3x | 12.2x | 0.8x |
| Sun, 05 Jul 2026 | JP¥24.9t | JP¥28.8t | JP¥1.8t | 11.6x | 13.7x | 0.9x |
| Tue, 02 Jun 2026 | JP¥24.4t | JP¥28.8t | JP¥1.8t | 11.2x | 13.4x | 0.8x |
| Thu, 30 Apr 2026 | JP¥26.7t | JP¥28.6t | JP¥1.7t | 12.6x | 15.6x | 0.9x |
| Sat, 28 Mar 2026 | JP¥25.7t | JP¥28.5t | JP¥1.7t | 12.9x | 15.3x | 0.9x |
| Mon, 23 Feb 2026 | JP¥28.9t | JP¥28.8t | JP¥1.7t | 13.9x | 17x | 1x |
| Wed, 21 Jan 2026 | JP¥25.9t | JP¥28.4t | JP¥1.5t | 13.5x | 17x | 0.9x |
| Fri, 19 Dec 2025 | JP¥23.1t | JP¥28.4t | JP¥1.5t | 12.5x | 15.2x | 0.8x |
| Sun, 16 Nov 2025 | JP¥21.9t | JP¥28.5t | JP¥1.5t | 12x | 14.6x | 0.8x |
| Tue, 14 Oct 2025 | JP¥19.0t | JP¥28.3t | JP¥1.3t | 12x | 14.2x | 0.7x |
| Thu, 11 Sep 2025 | JP¥19.6t | JP¥28.7t | JP¥1.3t | 12.8x | 14.7x | 0.7x |
| Sat, 09 Aug 2025 | JP¥18.6t | JP¥28.6t | JP¥1.3t | 12.4x | 14x | 0.6x |
| Mon, 07 Jul 2025 | JP¥16.5t | JP¥28.5t | JP¥1.3t | 11.2x | 12.8x | 0.6x |
| Wed, 04 Jun 2025 | JP¥15.9t | JP¥28.6t | JP¥1.3t | 10.9x | 12.3x | 0.6x |
| Fri, 02 May 2025 | JP¥15.5t | JP¥28.0t | JP¥1.1t | 11.1x | 13.5x | 0.6x |
| Sun, 30 Mar 2025 | JP¥14.8t | JP¥27.9t | JP¥1.1t | 11.2x | 13x | 0.5x |
| Tue, 25 Feb 2025 | JP¥14.5t | JP¥27.9t | JP¥1.1t | 10.8x | 12.8x | 0.5x |
| Thu, 23 Jan 2025 | JP¥14.0t | JP¥27.6t | JP¥948.9b | 11.6x | 14.8x | 0.5x |
| Sat, 21 Dec 2024 | JP¥14.2t | JP¥27.6t | JP¥950.2b | 11.4x | 15x | 0.5x |
| Mon, 18 Nov 2024 | JP¥14.1t | JP¥27.5t | JP¥938.3b | 11.1x | 15x | 0.5x |
| Wed, 16 Oct 2024 | JP¥13.8t | JP¥27.3t | JP¥932.4b | 11.2x | 14.8x | 0.5x |
| Fri, 13 Sep 2024 | JP¥13.7t | JP¥27.2t | JP¥929.4b | 11.7x | 14.7x | 0.5x |
| Sun, 11 Aug 2024 | JP¥13.0t | JP¥27.1t | JP¥901.9b | 11.2x | 14.4x | 0.5x |
| Tue, 09 Jul 2024 | JP¥13.8t | JP¥26.9t | JP¥890.4b | 12.1x | 15.5x | 0.5x |
| Thu, 06 Jun 2024 | JP¥13.5t | JP¥26.9t | JP¥915.9b | 12.2x | 14.8x | 0.5x |
| Sat, 04 May 2024 | JP¥14.0t | JP¥26.5t | JP¥855.7b | 13x | 16.3x | 0.5x |
| Mon, 01 Apr 2024 | JP¥14.1t | JP¥26.5t | JP¥840.1b | 13.2x | 16.8x | 0.5x |
| Wed, 28 Feb 2024 | JP¥13.0t | JP¥26.5t | JP¥841.9b | 12.8x | 15.4x | 0.5x |
| Fri, 26 Jan 2024 | JP¥12.8t | JP¥25.8t | JP¥857.5b | 12.8x | 15x | 0.5x |
| Sun, 24 Dec 2023 | JP¥11.8t | JP¥25.8t | JP¥862.1b | 11.7x | 13.7x | 0.5x |
| Tue, 21 Nov 2023 | JP¥12.0t | JP¥25.8t | JP¥863.2b | 11.8x | 13.9x | 0.5x |
| Thu, 19 Oct 2023 | JP¥11.9t | JP¥25.1t | JP¥843.1b | 12x | 14.2x | 0.5x |
| Sat, 16 Sep 2023 | JP¥12.5t | JP¥25.1t | JP¥845.2b | 12.2x | 14.8x | 0.5x |
| Mon, 14 Aug 2023 | JP¥11.8t | JP¥25.0t | JP¥842.4b | 11.7x | 14x | 0.5x |
14x
Which industries have driven the changes within the Japanese Industrials industry?
| JP Market | 2.17% | |
| Industrials | 2.54% | |
| Construction | 0.28% | |
| Construction and Engineering | 0.28% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1801 Taisei | JP¥13.58k | 4.0% +JP¥85.6b | 41.2% | PE13x | |
| 1803 Shimizu | JP¥2.42k | 4.4% +JP¥69.9b | 34.0% | PE9.6x | |
| 1980 Dai-Dan | JP¥2.65k | 10.5% +JP¥32.5b | 56.4% | PE13x | |
| 1942 KandenkoLtd | JP¥5.64k | 2.8% +JP¥30.6b | 45.4% | PE17.5x | |
| 1961 Sanki Engineering | JP¥2.39k | 7.5% +JP¥26.7b | 44.5% | PE16x |