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Japanese (NIKKEI) Electrical Industry Analysis

UpdatedApr 13, 2026
DataAggregated Company Financials
Companies53
  • 7D13.9%
  • 3M46.2%
  • 1Y168.2%
  • YTD42.7%

Over the last 7 days, the Electrical industry has risen 14%, driven by gains from Fujikura of 22%. During this same period, the FDK underperformed, falling 5.9%. This means that the industry has gained 168% over the past year. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 13 Apr 2026JP¥32.4tJP¥14.5tJP¥929.9b16.7x34.9x2.2x
Wed, 11 Mar 2026JP¥27.3tJP¥14.5tJP¥929.9b15.5x29.4x1.9x
Fri, 06 Feb 2026JP¥25.3tJP¥14.4tJP¥884.1b15.7x28.6x1.8x
Sun, 04 Jan 2026JP¥21.9tJP¥14.3tJP¥900.8b14.6x24.4x1.5x
Tue, 02 Dec 2025JP¥20.4tJP¥14.3tJP¥910.9b13.7x22.4x1.4x
Thu, 30 Oct 2025JP¥21.2tJP¥14.1tJP¥876.4b13x24.2x1.5x
Sat, 27 Sep 2025JP¥19.3tJP¥14.1tJP¥875.9b13.2x22x1.4x
Mon, 25 Aug 2025JP¥19.1tJP¥14.7tJP¥911.5b12.6x20.9x1.3x
Wed, 23 Jul 2025JP¥16.1tJP¥14.6tJP¥877.8b11.1x18.4x1.1x
Fri, 20 Jun 2025JP¥15.2tJP¥14.6tJP¥878.3b10.6x17.4x1x
Sun, 18 May 2025JP¥14.5tJP¥14.6tJP¥881.7b10.2x16.5x1x
Tue, 15 Apr 2025JP¥12.3tJP¥14.4tJP¥843.9b9.5x14.6x0.9x
Thu, 13 Mar 2025JP¥14.0tJP¥14.4tJP¥849.3b10.2x16.4x1x
Sat, 08 Feb 2025JP¥13.7tJP¥14.3tJP¥817.7b11.1x16.8x1x
Mon, 06 Jan 2025JP¥14.8tJP¥14.0tJP¥732.7b11.8x20.2x1.1x
Wed, 04 Dec 2024JP¥14.6tJP¥14.0tJP¥734.6b11.9x19.9x1x
Fri, 01 Nov 2024JP¥14.0tJP¥14.0tJP¥724.6b11.4x19.4x1x
Sun, 29 Sep 2024JP¥14.1tJP¥13.9tJP¥746.6b11.8x18.9x1x
Tue, 27 Aug 2024JP¥13.1tJP¥13.9tJP¥739.6b10.9x17.7x0.9x
Thu, 25 Jul 2024JP¥14.4tJP¥13.8tJP¥736.8b11.4x19.6x1x
Sat, 22 Jun 2024JP¥14.3tJP¥13.7tJP¥744.3b12x19.2x1x
Mon, 20 May 2024JP¥15.1tJP¥13.7tJP¥743.6b12.7x20.3x1.1x
Wed, 17 Apr 2024JP¥14.2tJP¥13.5tJP¥631.3b12.6x22.5x1.1x
Fri, 15 Mar 2024JP¥12.8tJP¥13.5tJP¥632.0b11.9x20.3x0.9x
Sun, 11 Feb 2024JP¥11.7tJP¥13.5tJP¥627.0b10.9x18.7x0.9x
Tue, 09 Jan 2024JP¥11.2tJP¥13.6tJP¥604.5b10.9x18.6x0.8x
Thu, 07 Dec 2023JP¥11.0tJP¥13.6tJP¥603.7b10.3x18.3x0.8x
Sat, 04 Nov 2023JP¥10.9tJP¥13.8tJP¥625.5b10.2x17.4x0.8x
Mon, 02 Oct 2023JP¥11.7tJP¥13.7tJP¥605.8b11.1x19.3x0.9x
Wed, 30 Aug 2023JP¥12.1tJP¥13.7tJP¥604.8b11.5x20x0.9x
Fri, 28 Jul 2023JP¥13.0tJP¥13.5tJP¥580.9b11.7x22.4x1x
Sun, 25 Jun 2023JP¥12.5tJP¥13.5tJP¥556.5b11.9x22.4x0.9x
Tue, 23 May 2023JP¥11.6tJP¥13.5tJP¥557.0b11.7x20.9x0.9x
Thu, 20 Apr 2023JP¥10.6tJP¥13.1tJP¥648.8b11.7x16.3x0.8x
Price to Earnings Ratio

16.3x


Total Market Cap: JP¥10.6tTotal Earnings: JP¥648.8bTotal Revenue: JP¥13.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Electrical Industry Price to Earnings3Y Average 20.4x202420252026
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 34.9x which is higher than its 3-year average PE of 20.3x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 2.2x.
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 Market2.88%
Industrials2.73%
Electrical13.87%
Electrical Components16.69%
Heavy Electrical Equipment9.74%
Industry PE
  • Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 21.4x.
    • Analysts are expecting annual earnings growth of 17.7%, which is higher than its past year's earnings growth of 14.8% 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 19.1x.
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 15% per year.
  • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 12% 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¥5.63k22.0%
+JP¥1.7t		624.7%PE64.7x
6503 Mitsubishi ElectricJP¥5.81k9.6%
+JP¥1.0t		123.9%PE31.8x
5801 Furukawa ElectricJP¥45.80k27.9%
+JP¥703.5b		983.3%PE61.4x
6594 NidecJP¥2.30k5.2%
+JP¥130.7b		10.1%PE21.9x
6504 Fuji ElectricJP¥11.40k5.6%
+JP¥89.2b		90.0%PE19.7x

Latest News

5803
JP¥5,630.00
Fujikura
7D
22.0%
1Y
624.7%
6622
JP¥13,950.00
DAIHEN
7D
16.3%
1Y
146.0%
5801
JP¥45,800.00
Furukawa Electric
7D
27.9%
1Y
983.3%
6507
JP¥13,480.00
Sinfonia TechnologyLtd
7D
11.1%
1Y
153.4%
6504
JP¥11,395.00
Fuji Electric
7D
5.6%
1Y
90.0%

6504: Cautious Downgrade Will Highlight Earnings Quality And 2026 Guidance Support

Analysts kept Fuji Electric's fair value estimate steady at ¥15,000. Modest adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions support a more cautious narrative following recent Street research and the Goldman Sachs downgrade.
6503
JP¥5,813.00
Mitsubishi Electric
7D
9.6%
1Y
123.9%

6503: Power Semis And Grid Edge Alliances Will Drive Future Profitability

Analysts have kept their price target for Mitsubishi Electric steady at ¥7,000, citing updated assumptions for a lower discount rate and more modest revenue growth and profit margins, which are partly offset by a higher future P/E multiple. What's in the News Mitsubishi Electric, Toshiba and Rohm are reported to be entering negotiations to merge their power semiconductor device businesses, in a move linked to government efforts to support domestic chip players as electric vehicle demand and competition from Chinese firms influence the sector (M&A rumors and discussions).
6594
JP¥2,298.00
Nidec
7D
5.2%
1Y
10.1%

6594: Governance Investigation Resolution Will Ultimately Unlock Upside Potential

Analysts have trimmed their 12 month price target for Nidec from ¥3,800 to ¥3,700, citing slightly lower profit margin assumptions and a higher future P/E estimate as key drivers of the revision. What's in the News Nidec scheduled a board meeting for March 13, 2026 to establish an Executive Responsibility Investigation Committee, focusing on accountability following recent findings from an external review (Key Developments).
6955
JP¥448.00
FDK
7D
-5.9%
1Y
29.5%
6619
JP¥236.00
W-SCOPE
7D
-1.7%
1Y
7.8%
6898
JP¥3,850.00
Tomita ElectricLtd
7D
-4.5%
1Y
52.5%
6915
JP¥3,315.00
Chiyoda IntegreLtd
7D
-1.3%
1Y
33.3%

Chiyoda IntegreLtd's (TSE:6915) Shareholders Have More To Worry About Than Only Soft Earnings

Feb 19
Chiyoda IntegreLtd's (TSE:6915) Shareholders Have More To Worry About Than Only Soft Earnings
485A
JP¥7,600.00
PowerXInc
7D
31.0%
1Y
n/a