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Japanese (NIKKEI) Electrical Industry Analysis

UpdatedApr 24, 2025
DataAggregated Company Financials
Companies53
  • 7D3.6%
  • 3M-17.3%
  • 1Y-10.9%
  • YTD-15.4%

Over the last 7 days, the Electrical industry has dropped 2.3%, driven by a pullback from Terasaki ElectricLtd of 1.1%. Meanwhile, Nidec actually outperformed within the industry, gaining 5.8% in the last week. Overall the industry is down 12% in 12 months. Earnings are forecast to grow by 9.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 24 Apr 2025JP¥12.4tJP¥14.4tJP¥843.9b9.7x14.7x0.9x
Sat, 22 Mar 2025JP¥14.5tJP¥14.4tJP¥844.6b10.4x17.1x1x
Mon, 17 Feb 2025JP¥13.8tJP¥14.4tJP¥849.2b10.4x16.3x1x
Wed, 15 Jan 2025JP¥14.2tJP¥14.0tJP¥732.8b11.4x19.4x1x
Fri, 13 Dec 2024JP¥14.7tJP¥14.0tJP¥734.6b11.8x20x1x
Sun, 10 Nov 2024JP¥14.6tJP¥14.1tJP¥738.4b11.7x19.8x1x
Tue, 08 Oct 2024JP¥14.0tJP¥13.9tJP¥746.6b11.8x18.7x1x
Thu, 05 Sep 2024JP¥13.1tJP¥13.9tJP¥739.6b10.8x17.7x0.9x
Sat, 03 Aug 2024JP¥12.5tJP¥13.8tJP¥725.0b10.6x17.2x0.9x
Mon, 01 Jul 2024JP¥14.5tJP¥13.7tJP¥744.3b12.1x19.5x1.1x
Wed, 29 May 2024JP¥15.5tJP¥13.7tJP¥743.9b12.2x20.8x1.1x
Fri, 26 Apr 2024JP¥13.9tJP¥13.6tJP¥668.5b12.4x20.8x1x
Sun, 24 Mar 2024JP¥13.9tJP¥13.5tJP¥631.4b12.4x22x1x
Tue, 20 Feb 2024JP¥12.5tJP¥13.5tJP¥630.8b11.3x19.8x0.9x
Thu, 18 Jan 2024JP¥11.6tJP¥13.6tJP¥604.9b10.7x19.1x0.9x
Sat, 16 Dec 2023JP¥11.1tJP¥13.6tJP¥603.7b10.4x18.4x0.8x
Mon, 13 Nov 2023JP¥11.0tJP¥13.8tJP¥608.5b10.2x18.1x0.8x
Wed, 11 Oct 2023JP¥11.5tJP¥13.7tJP¥605.8b11.1x19x0.8x
Fri, 08 Sep 2023JP¥12.2tJP¥13.7tJP¥604.8b11.6x20.2x0.9x
Sun, 06 Aug 2023JP¥12.4tJP¥13.7tJP¥599.2b11.8x20.6x0.9x
Tue, 04 Jul 2023JP¥12.8tJP¥13.5tJP¥556.5b12.1x23x0.9x
Thu, 01 Jun 2023JP¥11.5tJP¥13.5tJP¥556.4b11x20.6x0.9x
Sat, 29 Apr 2023JP¥10.8tJP¥13.2tJP¥554.5b11.3x19.6x0.8x
Mon, 27 Mar 2023JP¥10.5tJP¥13.1tJP¥648.5b11.1x16.2x0.8x
Wed, 22 Feb 2023JP¥10.5tJP¥13.1tJP¥648.0b10.8x16.3x0.8x
Fri, 20 Jan 2023JP¥10.0tJP¥12.6tJP¥627.7b10.6x15.9x0.8x
Sun, 18 Dec 2022JP¥10.5tJP¥12.6tJP¥627.5b11.1x16.8x0.8x
Tue, 15 Nov 2022JP¥11.2tJP¥12.6tJP¥629.0b11.2x17.8x0.9x
Thu, 13 Oct 2022JP¥10.2tJP¥12.0tJP¥591.6b10.9x17.3x0.8x
Sat, 10 Sep 2022JP¥11.6tJP¥12.0tJP¥591.5b11.8x19.5x1x
Mon, 08 Aug 2022JP¥11.7tJP¥12.0tJP¥586.4b11.2x19.9x1x
Wed, 06 Jul 2022JP¥11.0tJP¥11.8tJP¥601.5b10.7x18.3x0.9x
Fri, 03 Jun 2022JP¥11.2tJP¥11.8tJP¥600.1b11.4x18.7x1x
Sun, 01 May 2022JP¥10.7tJP¥11.7tJP¥575.2b10.3x18.7x0.9x
Price to Earnings Ratio

18.7x


Total Market Cap: JP¥10.7tTotal Earnings: JP¥575.2bTotal Revenue: JP¥11.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Electrical Industry Price to Earnings3Y Average 18.7x202320242025
Current Industry PE
  • Investors are pessimistic on the Japanese Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 14.3x which is lower than its 3-year average PE of 18.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.92x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 7.2% 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 Market3.48%
Industrials3.69%
Electrical3.55%
Electrical Components4.13%
Heavy Electrical Equipment2.87%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry even though it's trading below its 3-year average PE ratio of 16.8x.
    • Analysts are expecting annual earnings growth of 6.7%, which is lower than the prior year's growth of 33.1% per year.
  • Investors are most pessimistic about the Electrical Components industry, which is trading below its 3-year average of 20.2x.
Forecasted Growth
  • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 12% over the next 5 years.
  • However this is lower than its past earnings growth rate of 19% per year.
  • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 6.7% 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
6594 NidecJP¥2.24k6.9%
+JP¥165.6b
-35.0%PE22.2x
6503 Mitsubishi ElectricJP¥2.56k2.6%
+JP¥134.9b
2.8%PE15.3x
5803 FujikuraJP¥4.84k5.2%
+JP¥65.9b
84.1%PE18x
6504 Fuji ElectricJP¥6.18k3.4%
+JP¥29.4b
-38.3%PE9.4x
6674 GS YuasaJP¥2.44k8.6%
+JP¥19.4b
-17.8%PE7.5x
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