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Japanese (NIKKEI) Construction Industry Analysis

UpdatedJan 09, 2026
DataAggregated Company Financials
Companies153
  • 7D4.7%
  • 3M32.1%
  • 1Y82.9%
  • YTD2.5%

Taisei is up 6.3%, leading the way for the Construction industry, which has gained 4.7%. Meanwhile, Nakano actually underperformed within the industry, shrinking 7.0% in the last week. This takes the industry's 12 month performance to a gain of 83%. As for the next few years, earnings are expected to grow by 5.9% per annum.

Industry Valuation and Performance

Has the Japanese Construction Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 09 Jan 2026JP¥24.8tJP¥28.4tJP¥1.5t13.1x16.3x0.9x
Sun, 07 Dec 2025JP¥22.7tJP¥28.6tJP¥1.5t12.2x14.8x0.8x
Tue, 04 Nov 2025JP¥20.6tJP¥28.4tJP¥1.4t12.3x15.1x0.7x
Thu, 02 Oct 2025JP¥18.8tJP¥28.3tJP¥1.3t12.2x14x0.7x
Sat, 30 Aug 2025JP¥19.1tJP¥28.7tJP¥1.3t12.4x14.3x0.7x
Mon, 28 Jul 2025JP¥17.2tJP¥28.5tJP¥1.3t11.7x13.4x0.6x
Wed, 25 Jun 2025JP¥16.3tJP¥28.6tJP¥1.3t11x12.6x0.6x
Fri, 23 May 2025JP¥15.7tJP¥28.5tJP¥1.3t10.9x12.2x0.5x
Sun, 20 Apr 2025JP¥14.9tJP¥27.9tJP¥1.1t10.9x13.1x0.5x
Tue, 18 Mar 2025JP¥14.7tJP¥27.9tJP¥1.1t11.1x13x0.5x
Thu, 13 Feb 2025JP¥14.6tJP¥27.8tJP¥1.1t11.4x13.3x0.5x
Sat, 11 Jan 2025JP¥14.2tJP¥27.6tJP¥949.2b11.7x14.9x0.5x
Mon, 09 Dec 2024JP¥14.2tJP¥27.6tJP¥950.6b11.7x14.9x0.5x
Wed, 06 Nov 2024JP¥13.6tJP¥27.4tJP¥943.6b11x14.4x0.5x
Fri, 04 Oct 2024JP¥13.8tJP¥27.2tJP¥929.2b11.3x14.8x0.5x
Sun, 01 Sep 2024JP¥13.9tJP¥27.3tJP¥927.9b11.9x14.9x0.5x
Tue, 30 Jul 2024JP¥13.9tJP¥26.9tJP¥884.5b12.5x15.7x0.5x
Thu, 27 Jun 2024JP¥13.8tJP¥26.9tJP¥915.7b12.5x15x0.5x
Sat, 25 May 2024JP¥13.4tJP¥26.9tJP¥908.9b12x14.8x0.5x
Mon, 22 Apr 2024JP¥13.4tJP¥26.5tJP¥838.6b12.9x16x0.5x
Wed, 20 Mar 2024JP¥14.1tJP¥26.5tJP¥841.6b13x16.7x0.5x
Fri, 16 Feb 2024JP¥12.6tJP¥26.4tJP¥841.1b12.3x15x0.5x
Sun, 14 Jan 2024JP¥12.7tJP¥25.8tJP¥862.1b12.4x14.7x0.5x
Tue, 12 Dec 2023JP¥12.1tJP¥25.8tJP¥862.5b11.6x14.1x0.5x
Thu, 09 Nov 2023JP¥11.9tJP¥25.4tJP¥846.7b11.9x14x0.5x
Sat, 07 Oct 2023JP¥12.0tJP¥25.1tJP¥844.3b12x14.2x0.5x
Mon, 04 Sep 2023JP¥12.1tJP¥25.1tJP¥845.7b12.3x14.3x0.5x
Wed, 02 Aug 2023JP¥11.8tJP¥24.5tJP¥851.1b12x13.9x0.5x
Fri, 30 Jun 2023JP¥11.3tJP¥24.3tJP¥833.7b11.7x13.6x0.5x
Sun, 28 May 2023JP¥10.7tJP¥24.3tJP¥833.6b11x12.9x0.4x
Tue, 25 Apr 2023JP¥10.0tJP¥23.8tJP¥845.3b10.8x11.8x0.4x
Thu, 23 Mar 2023JP¥9.5tJP¥23.8tJP¥845.8b10.2x11.3x0.4x
Sat, 18 Feb 2023JP¥9.6tJP¥23.7tJP¥846.4b10.1x11.3x0.4x
Mon, 16 Jan 2023JP¥9.2tJP¥23.4tJP¥893.9b9.5x10.3x0.4x
Price to Earnings Ratio

10.3x


Total Market Cap: JP¥9.2tTotal Earnings: JP¥893.9bTotal Revenue: JP¥23.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Construction Industry Price to Earnings3Y Average 14x202420252026
Current Industry PE
  • Investors are optimistic on the Japanese Construction industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 16.3x which is higher than its 3-year average PE of 14.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.53x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 6.6% 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 industry?

JP Market2.09%
Industrials3.45%
Construction4.70%
Construction and Engineering4.70%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
1801 TaiseiJP¥16.09k8.5%
+JP¥204.6b		149.4%PE18.4x
1812 KajimaJP¥6.18k5.9%
+JP¥159.4b		128.8%PE17.1x
1802 ObayashiJP¥3.42k4.6%
+JP¥103.8b		69.3%PE13.9x
1942 KandenkoLtdJP¥5.53k10.0%
+JP¥103.2b		129.2%PE22x
6330 Toyo EngineeringJP¥4.67k51.5%
+JP¥92.9b		554.3%PS1.1x

Latest News

1827
JP¥1,125.00
Nakano
7D
-6.7%
1Y
65.4%

Nakano (TSE:1827) Will Pay A Dividend Of ¥22.00

Jan 08
Nakano (TSE:1827) Will Pay A Dividend Of ¥22.00
1812
JP¥6,177.00
Kajima
7D
5.9%
1Y
128.8%

Kajima's (TSE:1812) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 08
Kajima's (TSE:1812) Shareholders Will Receive A Bigger Dividend Than Last Year
1921
JP¥2,010.00
Tomoe
7D
-1.3%
1Y
106.6%
1963
JP¥2,041.50
JGC Holdings
7D
7.4%
1Y
61.1%

1963: LNG Project Delivery And Upbeat Guidance Will Mask Future Downside Risk

Narrative Update on JGC Holdings Analysts have kept their price target for JGC Holdings steady at ¥1,820, reflecting largely unchanged views on fair value as only minor tweaks were made to assumptions such as the discount rate, revenue growth, profit margin, and future P/E. What's in the News Fluor and JGC Corporation completed Train 2 of the LNG Canada Project, marking the end of the first phase of Canada's first LNG mega project in Kitimat, British Columbia.
1803
JP¥2,795.00
Shimizu
7D
4.7%
1Y
120.9%

Shimizu (TSE:1803) Will Pay A Dividend Of ¥22.00

Jan 06
Shimizu (TSE:1803) Will Pay A Dividend Of ¥22.00
1942
JP¥5,533.00
KandenkoLtd
7D
10.0%
1Y
129.2%

Estimating The Fair Value Of Kandenko Co.,Ltd. (TSE:1942)

Jan 05
Estimating The Fair Value Of Kandenko Co.,Ltd. (TSE:1942)
6330
JP¥4,665.00
Toyo Engineering
7D
51.5%
1Y
554.3%

Toyo Engineering Corporation's (TSE:6330) 29% Price Boost Is Out Of Tune With Revenues

Jan 01
Toyo Engineering Corporation's (TSE:6330) 29% Price Boost Is Out Of Tune With Revenues
1801
JP¥16,090.00
Taisei
7D
8.5%
1Y
149.4%

Is Now The Time To Put Taisei (TSE:1801) On Your Watchlist?

Jan 01
Is Now The Time To Put Taisei (TSE:1801) On Your Watchlist?
1802
JP¥3,420.00
Obayashi
7D
4.6%
1Y
69.3%

Is There An Opportunity With Obayashi Corporation's (TSE:1802) 31% Undervaluation?

Jan 01
Is There An Opportunity With Obayashi Corporation's (TSE:1802) 31% Undervaluation?
1944
JP¥7,235.00
Kinden
7D
6.5%
1Y
134.7%

Kinden's (TSE:1944) Dividend Will Be ¥60.00

Dec 27
Kinden's (TSE:1944) Dividend Will Be ¥60.00
1783
JP¥60.00
Fantasista
7D
-1.6%
1Y
71.4%
6540
JP¥1,770.00
Semba
7D
-0.6%
1Y
33.4%
1407
JP¥1,515.00
West Holdings
7D
-0.9%
1Y
-12.7%
4642
JP¥1,510.00
Original Engineering Consultants
7D
-1.8%
1Y
31.5%
1434
JP¥1,441.00
Jesco Holdings
7D
-3.4%
1Y
50.1%

These 4 Measures Indicate That Jesco Holdings (TSE:1434) Is Using Debt Reasonably Well

Dec 16
These 4 Measures Indicate That Jesco Holdings (TSE:1434) Is Using Debt Reasonably Well
1433
JP¥1,286.00
Besterra
7D
-1.4%
1Y
26.8%