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Japanese (NIKKEI) Electrical Industry Analysis

UpdatedMay 21, 2022
DataAggregated Company Financials
  • 7D0.8%
  • 3M-10.0%
  • 1Y-21.2%
  • YTD-25.2%

The Electrical is pretty flat in the last 7 days, but Nitto Kogyo has stood out, gaining 42%. As for the longer term, the industry has declined 21% in the last year. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 21 May 2022JP¥10.8tJP¥11.8tJP¥598.3b11.6x
Mon, 18 Apr 2022JP¥10.8tJP¥11.6tJP¥623.4b10.3x
Wed, 16 Mar 2022JP¥10.8tJP¥11.6tJP¥623.4b11.1x
Fri, 11 Feb 2022JP¥12.1tJP¥11.6tJP¥622.8b11x
Sun, 09 Jan 2022JP¥13.9tJP¥11.4tJP¥616.9b12x
Tue, 07 Dec 2021JP¥13.7tJP¥11.4tJP¥617.0b11.5x
Thu, 04 Nov 2021JP¥14.1tJP¥11.3tJP¥594.8b12.3x
Sat, 02 Oct 2021JP¥13.4tJP¥11.2tJP¥564.5b12.7x
Mon, 30 Aug 2021JP¥13.5tJP¥11.2tJP¥564.8b13.1x
Tue, 06 Jul 2021JP¥14.1tJP¥11.2tJP¥564.8b12.8x
Fri, 09 Apr 2021JP¥14.5tJP¥10.7tJP¥471.4b15.7x
Thu, 31 Dec 2020JP¥13.8tJP¥10.5tJP¥339.4b14.8x
Sun, 04 Oct 2020JP¥11.2tJP¥10.5tJP¥346.0b13.6x
Wed, 08 Jul 2020JP¥9.5tJP¥10.8tJP¥378.5b12.5x
Tue, 31 Mar 2020JP¥8.1tJP¥11.2tJP¥413.9b11.7x
Fri, 03 Jan 2020JP¥10.4tJP¥11.3tJP¥467.5b14x
Mon, 07 Oct 2019JP¥9.8tJP¥11.3tJP¥469.2b11.9x
Sun, 30 Jun 2019JP¥9.9tJP¥11.3tJP¥508.1b11.6x
Median PE Ratio


Total Market Cap: JP¥9.4tTotal Earnings: JP¥543.8bTotal Revenue: JP¥11.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Electrical Industry Median PE3Y Average 12.7x202020212022
Current Industry PE
  • Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 12.7x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 3.2% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Japanese Industrials industry?

JP Market0.71%
Heavy Electrical Equipment1.13%
Electrical Components0.60%
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 14.1x.
  • Analysts are expecting annual earnings growth of 10%, which is higher than its past year's earnings growth of 6.2% per year.
  • Investors are most pessimistic about the Electrical Components industry, which is trading close to its 3-year average of 12.3x.
Forecasted Growth
  • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 21% 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
6651 Nitto KogyoJP¥2.25k41.8%
6504 Fuji ElectricJP¥5.84k3.0%
6503 Mitsubishi ElectricJP¥1.42k0.8%
5803 FujikuraJP¥779.0011.9%
6652 IDECJP¥2.69k17.6%
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