Header cover image

Japanese (NIKKEI) Electrical Industry Analysis

UpdatedApr 13, 2024
DataAggregated Company Financials
Companies54
  • 7D7.1%
  • 3M24.2%
  • 1Y39.3%
  • YTD29.2%

Over the last 7 days, the Electrical industry has risen 7.1%, driven by gains from Mitsubishi Electric of 8.4%. This means that the industry has gained 39% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Apr 2024JP¥14.2tJP¥13.5tJP¥631.3b12.9x22.5x1.1x
Tue, 12 Mar 2024JP¥12.8tJP¥13.5tJP¥632.0b11.6x20.3x1x
Thu, 08 Feb 2024JP¥11.4tJP¥13.5tJP¥625.6b10.8x18.2x0.8x
Sat, 06 Jan 2024JP¥11.2tJP¥13.6tJP¥604.5b10.9x18.6x0.8x
Mon, 04 Dec 2023JP¥11.1tJP¥13.6tJP¥603.7b10.4x18.5x0.8x
Wed, 01 Nov 2023JP¥10.2tJP¥13.8tJP¥604.7b10.1x16.8x0.7x
Fri, 29 Sep 2023JP¥11.7tJP¥13.7tJP¥605.8b11.2x19.4x0.9x
Sun, 27 Aug 2023JP¥11.8tJP¥13.7tJP¥604.8b11.2x19.5x0.9x
Tue, 25 Jul 2023JP¥13.2tJP¥13.5tJP¥580.8b11.8x22.7x1x
Thu, 22 Jun 2023JP¥12.8tJP¥13.5tJP¥556.5b11.9x23x0.9x
Sat, 20 May 2023JP¥11.6tJP¥13.4tJP¥554.9b11.6x20.9x0.9x
Mon, 17 Apr 2023JP¥10.6tJP¥13.1tJP¥648.8b11.6x16.3x0.8x
Wed, 15 Mar 2023JP¥10.2tJP¥13.1tJP¥648.0b10.4x15.8x0.8x
Fri, 10 Feb 2023JP¥10.5tJP¥13.0tJP¥635.7b10.9x16.6x0.8x
Sun, 08 Jan 2023JP¥9.7tJP¥12.6tJP¥628.0b10.7x15.5x0.8x
Tue, 06 Dec 2022JP¥10.9tJP¥12.6tJP¥627.5b11.3x17.4x0.9x
Thu, 03 Nov 2022JP¥10.5tJP¥12.4tJP¥604.1b10.9x17.4x0.8x
Sat, 01 Oct 2022JP¥10.4tJP¥12.0tJP¥591.6b11.2x17.6x0.9x
Mon, 29 Aug 2022JP¥11.6tJP¥12.0tJP¥591.4b12.1x19.7x1x
Wed, 27 Jul 2022JP¥11.4tJP¥11.9tJP¥607.7b11.2x18.8x1x
Fri, 24 Jun 2022JP¥10.5tJP¥11.8tJP¥601.5b10.9x17.5x0.9x
Sun, 22 May 2022JP¥10.8tJP¥11.8tJP¥598.3b11.6x18x0.9x
Tue, 19 Apr 2022JP¥10.7tJP¥11.6tJP¥623.4b10.1x17.1x0.9x
Thu, 17 Mar 2022JP¥11.1tJP¥11.6tJP¥623.4b11.1x17.8x1x
Sat, 12 Feb 2022JP¥12.1tJP¥11.6tJP¥622.9b11.2x19.5x1x
Mon, 10 Jan 2022JP¥13.9tJP¥11.4tJP¥616.9b12x22.5x1.2x
Wed, 08 Dec 2021JP¥13.7tJP¥11.4tJP¥617.0b11.5x22.2x1.2x
Fri, 05 Nov 2021JP¥14.2tJP¥11.3tJP¥600.4b12.4x23.7x1.3x
Sun, 03 Oct 2021JP¥13.4tJP¥11.2tJP¥564.5b12.7x23.8x1.2x
Tue, 31 Aug 2021JP¥13.6tJP¥11.2tJP¥564.8b13.3x24.1x1.2x
Wed, 07 Jul 2021JP¥14.1tJP¥11.2tJP¥564.8b12.8x25x1.3x
Price to Earnings Ratio

29.9x


Total Market Cap: JP¥14.1tTotal Earnings: JP¥471.5bTotal Revenue: JP¥10.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Electrical Industry Price to Earnings3Y Average 20.3x202220232024
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 22.5x which is higher than its 3-year average PE of 20.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.98x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 10% per year over the last three years.
  • Revenues for these companies have grown 8.1% 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 Market1.85%
Industrials2.67%
Electrical7.12%
Heavy Electrical Equipment8.71%
Electrical Components6.07%
Industry PE
  • Investors are most optimistic about the Electrical Components industry, which is trading close to its 3-year average PE ratio of 24.3x.
    • Analysts are expecting annual earnings growth of 15.3%, which is lower than the prior year's growth of 21.8% per year.
  • Investors are most pessimistic about the Heavy Electrical Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 15.5x.
Forecasted Growth
  • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 15% over the next 5 years.
  • However this is lower than its past earnings growth rate of 22% per year.
  • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 9.7% 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
6503 Mitsubishi ElectricJP¥2.57k8.4%
+JP¥415.5b
62.7%PE20.6x
6594 NidecJP¥6.38k5.3%
+JP¥183.9b
-5.2%PE41.4x
5803 FujikuraJP¥2.77k18.2%
+JP¥117.6b
209.7%PE25.3x
6504 Fuji ElectricJP¥10.50k5.8%
+JP¥81.7b
103.9%PE21.5x
6622 DAIHENJP¥10.59k15.5%
+JP¥34.8b
143.2%PE16.6x
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

6622

JP¥10,590.00

DAIHEN

7D

15.5%

1Y

143.2%

6505

JP¥1,144.00

Toyo Denki Seizo K.K

7D

-6.4%

1Y

22.1%

5803

JP¥2,768.50

Fujikura

7D

18.2%

1Y

209.7%

6905

JP¥1,454.00

Cosel

7D

-0.7%

1Y

35.5%

6503

JP¥2,570.50

Mitsubishi Electric

7D

8.4%

1Y

62.7%

6932

JP¥1,482.00

ENDO Lighting

7D

-1.7%

1Y

52.2%

6594

JP¥6,381.00

Nidec

7D

5.3%

1Y

-5.2%

7565

JP¥3,720.00

Mansei

7D

-1.1%

1Y

18.7%

5817

JP¥517.00

JMACS Japan

7D

-1.0%

1Y

14.1%