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Japanese (NIKKEI) Electrical Industry Analysis

UpdatedFeb 25, 2026
DataAggregated Company Financials
Companies53
  • 7D10.8%
  • 3M39.7%
  • 1Y119.6%
  • YTD28.5%

In the last week, the Electrical industry is up 11%, with Fujikura leading the way, up 18%. This means that the industry has gained 120% over the past year. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Feb 2026JP¥29.2tJP¥14.5tJP¥929.9b16.7x31.4x2x
Fri, 23 Jan 2026JP¥23.5tJP¥14.3tJP¥900.6b15x26.1x1.6x
Sun, 21 Dec 2025JP¥21.4tJP¥14.3tJP¥900.8b14.1x23.7x1.5x
Tue, 18 Nov 2025JP¥21.5tJP¥14.3tJP¥911.1b13.5x23.6x1.5x
Thu, 16 Oct 2025JP¥20.1tJP¥14.1tJP¥875.9b13.2x23x1.4x
Sat, 13 Sep 2025JP¥19.3tJP¥14.1tJP¥876.2b13x22x1.4x
Mon, 11 Aug 2025JP¥18.4tJP¥14.7tJP¥912.1b12.6x20.2x1.3x
Wed, 09 Jul 2025JP¥15.5tJP¥14.6tJP¥877.4b11x17.7x1.1x
Fri, 06 Jun 2025JP¥14.9tJP¥14.6tJP¥881.8b10.5x16.9x1x
Sun, 04 May 2025JP¥13.9tJP¥14.5tJP¥868.3b9.8x16x1x
Tue, 01 Apr 2025JP¥13.5tJP¥14.3tJP¥843.5b10.3x16x0.9x
Thu, 27 Feb 2025JP¥13.5tJP¥14.4tJP¥849.3b10.2x15.9x0.9x
Sat, 25 Jan 2025JP¥14.9tJP¥14.1tJP¥754.0b11.5x19.8x1.1x
Mon, 23 Dec 2024JP¥14.4tJP¥14.0tJP¥732.7b11.7x19.6x1x
Wed, 20 Nov 2024JP¥14.4tJP¥14.0tJP¥735.2b11.6x19.5x1x
Fri, 18 Oct 2024JP¥13.4tJP¥13.9tJP¥746.6b11.3x17.9x1x
Sun, 15 Sep 2024JP¥12.9tJP¥13.9tJP¥748.3b10.7x17.2x0.9x
Tue, 13 Aug 2024JP¥11.9tJP¥13.9tJP¥736.0b10.6x16.2x0.9x
Thu, 11 Jul 2024JP¥15.0tJP¥13.7tJP¥744.6b11.8x20.1x1.1x
Sat, 08 Jun 2024JP¥14.5tJP¥13.7tJP¥744.7b12x19.5x1.1x
Mon, 06 May 2024JP¥15.0tJP¥13.6tJP¥702.8b12.5x21.4x1.1x
Wed, 03 Apr 2024JP¥13.6tJP¥13.5tJP¥631.6b12.6x21.5x1x
Fri, 01 Mar 2024JP¥12.8tJP¥13.5tJP¥632.0b11.5x20.2x0.9x
Sun, 28 Jan 2024JP¥11.8tJP¥13.6tJP¥628.0b10.9x18.7x0.9x
Tue, 26 Dec 2023JP¥11.0tJP¥13.6tJP¥604.5b10.5x18.2x0.8x
Thu, 23 Nov 2023JP¥11.3tJP¥13.8tJP¥610.4b10.1x18.5x0.8x
Sat, 21 Oct 2023JP¥11.2tJP¥13.7tJP¥605.7b10.6x18.5x0.8x
Mon, 18 Sep 2023JP¥12.3tJP¥13.7tJP¥604.7b11.7x20.3x0.9x
Wed, 16 Aug 2023JP¥12.2tJP¥13.7tJP¥603.7b11.1x20.2x0.9x
Fri, 14 Jul 2023JP¥12.4tJP¥13.5tJP¥556.5b11.5x22.3x0.9x
Sun, 11 Jun 2023JP¥12.1tJP¥13.5tJP¥556.4b12x21.8x0.9x
Tue, 09 May 2023JP¥11.1tJP¥13.3tJP¥574.1b11.8x19.3x0.8x
Thu, 06 Apr 2023JP¥10.7tJP¥13.1tJP¥648.5b11.3x16.6x0.8x
Sat, 04 Mar 2023JP¥10.6tJP¥13.1tJP¥648.0b11x16.3x0.8x
Price to Earnings Ratio

16.3x


Total Market Cap: JP¥10.6tTotal Earnings: JP¥648.0bTotal Revenue: JP¥13.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Electrical Industry Price to Earnings3Y Average 19.7x202420252026
Current Industry PE
  • Investors are optimistic on the Japanese Electrical industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 31.4x which is higher than its 3-year average PE of 19.7x.
  • The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 3.3% 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 Market1.37%
Industrials2.48%
Electrical10.77%
Electrical Components12.86%
Heavy Electrical Equipment8.23%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 18.6x.
    • Analysts are expecting annual earnings growth of 11.3%, which is lower than the prior year's growth of 16.6% per year.
  • Investors are most pessimistic about the Electrical Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 20.8x.
Forecasted Growth
  • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 11% 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
5803 FujikuraJP¥26.83k20.1%
+JP¥1.2t		324.4%PE51.4x
6503 Mitsubishi ElectricJP¥5.87k4.4%
+JP¥501.4b		151.1%PE32.1x
5801 Furukawa ElectricJP¥28.10k28.2%
+JP¥435.1b		320.3%PE37.6x
6504 Fuji ElectricJP¥13.44k12.9%
+JP¥227.0b		99.2%PE23.2x
6594 NidecJP¥2.40k2.5%
+JP¥67.6b		-13.9%PE22.9x

Latest News

5803
JP¥26,825.00
Fujikura
7D
20.1%
1Y
324.4%
6504
JP¥13,440.00
Fuji Electric
7D
12.9%
1Y
99.2%
5801
JP¥28,095.00
Furukawa Electric
7D
28.2%
1Y
320.3%
5805
JP¥15,800.00
SWCC
7D
11.7%
1Y
157.7%
6503
JP¥5,870.00
Mitsubishi Electric
7D
4.4%
1Y
151.1%

6503: Rich Valuation Will Persist Despite Earnings Upgrade And Leadership Reshuffle

Analysts kept their price target for Mitsubishi Electric steady at ¥2,400. They pointed to slightly adjusted assumptions for discount rate, revenue growth, profit margin, and future P/E as the reasons for maintaining this level.
6507
JP¥12,400.00
Sinfonia TechnologyLtd
7D
6.3%
1Y
111.2%
6594
JP¥2,396.00
Nidec
7D
2.5%
1Y
-13.9%

6594: Future R&D Reorganization Will Weigh On Earnings Quality

Analysts have revised their price target on Nidec from ¥2,600 to ¥1,800. This change reflects updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.
5817
JP¥1,164.00
JMACS Japan
7D
-3.3%
1Y
142.0%
6986
JP¥718.00
Futaba
7D
-1.2%
1Y
41.1%
6998
JP¥2,094.00
Nippon Tungsten
7D
-8.5%
1Y
71.1%
485A
JP¥3,470.00
PowerXInc
7D
-17.3%
1Y
n/a
5304
JP¥2,914.00
Sec CarbonLimited
7D
-0.7%
1Y
33.2%
6637
JP¥4,240.00
Terasaki ElectricLtd
7D
-3.0%
1Y
73.6%
6592
JP¥1,829.00
Mabuchi Motor
7D
5.1%
1Y
55.4%
6654
JP¥1,109.00
Fuji Electric Industry
7D
-0.3%
1Y
7.5%
6619
JP¥172.00
W-SCOPE
7D
-3.4%
1Y
-35.3%

W-SCOPE (TSE:6619) Has Debt But No Earnings; Should You Worry?

Jan 15
W-SCOPE (TSE:6619) Has Debt But No Earnings; Should You Worry?