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Japanese (NIKKEI) Electrical Industry Analysis

UpdatedJun 02, 2023
DataAggregated Company Financials
  • 7D-0.2%
  • 3M10.0%
  • 1Y3.4%
  • YTD20.1%

Over the last 7 days, the Electrical industry has dropped 1.1%, driven by a pullback from Nidec of 4.3%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 02 Jun 2023JP¥11.6tJP¥13.5tJP¥556.4b11x20.8x0.9x
Sun, 30 Apr 2023JP¥10.8tJP¥13.3tJP¥574.1b11.3x18.9x0.8x
Tue, 28 Mar 2023JP¥10.5tJP¥13.1tJP¥648.5b11.3x16.1x0.8x
Thu, 23 Feb 2023JP¥10.4tJP¥13.1tJP¥648.0b10.8x16x0.8x
Sat, 21 Jan 2023JP¥10.0tJP¥12.6tJP¥627.7b10.7x16x0.8x
Mon, 19 Dec 2022JP¥10.5tJP¥12.6tJP¥627.5b11.1x16.8x0.8x
Wed, 16 Nov 2022JP¥11.3tJP¥12.6tJP¥629.0b11.2x18x0.9x
Fri, 14 Oct 2022JP¥10.1tJP¥12.0tJP¥591.6b10.7x17.1x0.8x
Sun, 11 Sep 2022JP¥11.6tJP¥12.0tJP¥591.5b11.8x19.5x1x
Tue, 09 Aug 2022JP¥11.8tJP¥12.0tJP¥586.4b11.2x20.1x1x
Thu, 07 Jul 2022JP¥10.9tJP¥11.8tJP¥601.5b10.6x18.2x0.9x
Sat, 04 Jun 2022JP¥11.3tJP¥11.8tJP¥600.3b10.9x18.8x1x
Mon, 02 May 2022JP¥10.7tJP¥11.7tJP¥575.2b10.3x18.7x0.9x
Wed, 30 Mar 2022JP¥12.0tJP¥11.6tJP¥623.3b11.9x19.2x1x
Fri, 25 Feb 2022JP¥11.5tJP¥11.6tJP¥623.4b10.2x18.5x1x
Sun, 23 Jan 2022JP¥12.9tJP¥11.4tJP¥616.7b10.9x20.8x1.1x
Tue, 21 Dec 2021JP¥13.9tJP¥11.4tJP¥616.9b11.2x22.5x1.2x
Thu, 18 Nov 2021JP¥14.3tJP¥11.4tJP¥616.2b11.9x23.2x1.3x
Sat, 16 Oct 2021JP¥13.7tJP¥11.2tJP¥564.3b12.8x24.3x1.2x
Mon, 13 Sep 2021JP¥14.4tJP¥11.2tJP¥564.5b13.9x25.5x1.3x
Wed, 11 Aug 2021JP¥14.0tJP¥11.2tJP¥564.8b13.3x24.9x1.3x
Sun, 06 Jun 2021JP¥14.0tJP¥10.7tJP¥471.2b15.9x29.8x1.3x
Wed, 10 Mar 2021JP¥14.2tJP¥10.5tJP¥339.3b14x41.8x1.3x
Tue, 01 Dec 2020JP¥13.8tJP¥10.5tJP¥346.0b13.7x39.8x1.3x
Fri, 04 Sep 2020JP¥10.7tJP¥10.8tJP¥379.8b12.3x28.2x1x
Mon, 08 Jun 2020JP¥9.2tJP¥11.2tJP¥413.6b13.2x22.3x0.8x
Price to Earnings Ratio


Total Market Cap: JP¥9.2tTotal Earnings: JP¥413.6bTotal Revenue: JP¥11.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Electrical Industry Price to Earnings3Y Average 24.4x202120222023
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 20.6x which is lower than its 3-year average PE of 24.4x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.85x.
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 6.5% 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 Market0.063%
Heavy Electrical Equipment3.76%
Electrical Components-2.56%
Industry PE
  • Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 33.9x.
    • Analysts are expecting annual earnings growth of 18.0%, which is higher than its past year's earnings growth of 8.2% 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 18% over the next 5 years.
  • This is better than its past earnings growth rate of 8.2% per year.
  • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 10% 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¥1.85k3.6%
3856 AbalanceJP¥10.57k19.7%
5803 FujikuraJP¥1.11k5.1%
6651 Nitto KogyoJP¥3.42k7.9%
6925 UshioJP¥1.91k2.4%
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