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Japanese (NIKKEI) Electrical Industry Analysis

UpdatedMay 31, 2026
DataAggregated Company Financials
Companies52
  • 7D0.7%
  • 3M14.3%
  • 1Y134.6%
  • YTD51.9%

Over the last 7 days, the Electrical industry has remained flat, although notably Mitsubishi Electric gained 4.1%. As for the the longer term, the industry is up 135% over the past 12 months. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 31 May 2026JP¥34.5tJP¥14.9tJP¥1.0t14.4x33.8x2.3x
Tue, 28 Apr 2026JP¥34.4tJP¥14.5tJP¥930.7b14.8x37x2.4x
Thu, 26 Mar 2026JP¥28.7tJP¥14.5tJP¥929.8b15.3x30.9x2x
Sat, 21 Feb 2026JP¥28.0tJP¥14.5tJP¥929.9b16.3x30.1x1.9x
Mon, 19 Jan 2026JP¥23.5tJP¥14.3tJP¥900.6b15.2x26.1x1.6x
Wed, 17 Dec 2025JP¥21.4tJP¥14.3tJP¥908.8b13.9x23.5x1.5x
Fri, 14 Nov 2025JP¥22.2tJP¥14.3tJP¥943.1b13.8x23.5x1.6x
Sun, 12 Oct 2025JP¥20.4tJP¥14.1tJP¥875.9b13.3x23.3x1.5x
Tue, 09 Sep 2025JP¥18.6tJP¥14.1tJP¥879.3b12.9x21.2x1.3x
Thu, 07 Aug 2025JP¥18.5tJP¥14.6tJP¥907.5b12.4x20.3x1.3x
Sat, 05 Jul 2025JP¥15.5tJP¥14.6tJP¥877.4b11.1x17.6x1.1x
Mon, 02 Jun 2025JP¥14.9tJP¥14.6tJP¥881.8b10.3x16.9x1x
Wed, 30 Apr 2025JP¥13.2tJP¥14.4tJP¥867.0b9.8x15.3x0.9x
Fri, 28 Mar 2025JP¥14.7tJP¥14.3tJP¥843.5b10.4x17.4x1x
Sun, 23 Feb 2025JP¥13.7tJP¥14.4tJP¥849.3b10.3x16.2x1x
Tue, 21 Jan 2025JP¥14.2tJP¥14.0tJP¥733.4b11.3x19.4x1x
Thu, 19 Dec 2024JP¥14.6tJP¥14.0tJP¥732.2b11.9x19.9x1x
Sat, 16 Nov 2024JP¥14.5tJP¥14.0tJP¥735.0b11.6x19.7x1x
Mon, 14 Oct 2024JP¥13.8tJP¥13.9tJP¥746.6b11.5x18.4x1x
Wed, 11 Sep 2024JP¥12.6tJP¥13.9tJP¥748.4b10.5x16.9x0.9x
Fri, 09 Aug 2024JP¥11.9tJP¥13.9tJP¥735.3b10.1x16.2x0.9x
Sun, 07 Jul 2024JP¥14.6tJP¥13.7tJP¥744.6b12.1x19.7x1.1x
Tue, 04 Jun 2024JP¥15.1tJP¥13.7tJP¥744.8b12x20.3x1.1x
Thu, 02 May 2024JP¥15.1tJP¥13.6tJP¥702.8b12.5x21.5x1.1x
Sat, 30 Mar 2024JP¥13.7tJP¥13.5tJP¥631.6b12.5x21.7x1x
Mon, 26 Feb 2024JP¥12.7tJP¥13.5tJP¥630.8b11.5x20.1x0.9x
Wed, 24 Jan 2024JP¥12.0tJP¥13.6tJP¥604.9b10.8x19.9x0.9x
Fri, 22 Dec 2023JP¥11.1tJP¥13.6tJP¥603.7b10.6x18.3x0.8x
Sun, 19 Nov 2023JP¥11.3tJP¥13.8tJP¥610.4b10.5x18.5x0.8x
Tue, 17 Oct 2023JP¥11.6tJP¥13.7tJP¥605.7b10.9x19.2x0.8x
Thu, 14 Sep 2023JP¥12.1tJP¥13.7tJP¥604.7b11.4x19.9x0.9x
Sat, 12 Aug 2023JP¥12.4tJP¥13.7tJP¥599.4b11.2x20.7x0.9x
Mon, 10 Jul 2023JP¥12.4tJP¥13.5tJP¥556.5b11.7x22.2x0.9x
Wed, 07 Jun 2023JP¥12.2tJP¥13.5tJP¥556.4b11.5x22x0.9x
Price to Earnings Ratio

22x


Total Market Cap: JP¥12.2tTotal Earnings: JP¥556.4bTotal Revenue: JP¥13.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Electrical Industry Price to Earnings3Y Average 21.1x202420252026
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 33.8x which is higher than its 3-year average PE of 21.1x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 22% 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 Market1.91%
Industrials0.36%
Electrical0.65%
Heavy Electrical Equipment3.71%
Electrical Components-1.39%
Industry PE
  • Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 22.2x.
    • Analysts are expecting annual earnings growth of 17.3%, which is higher than its past year's earnings growth of 13.5% 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 19.8x.
Forecasted Growth
  • Analysts are most optimistic on the Electrical Components industry, expecting annual earnings growth of 17% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Heavy Electrical Equipment industry is expected to see its earnings grow by 8.7% 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¥6.56k4.1%
+JP¥525.9b		125.8%PE32.9x
6594 NidecJP¥2.79k2.8%
+JP¥88.3b		-0.6%PE26.6x
5805 SWCCJP¥14.84k8.4%
+JP¥34.1b		112.0%PE23.3x
6905 CoselJP¥1.57k11.9%
+JP¥6.8b		42.0%PS2.8x
6925 UshioJP¥4.16k1.8%
+JP¥6.0b		132.8%PE41.2x

Latest News

6594
JP¥2,792.00
Nidec
7D
2.8%
1Y
-0.6%
Narrative Update • May 28

6594: Accounting And Governance Probes Will Weigh On Earnings Quality

Analysts now keep their fair value estimate for Nidec steady at ¥1,800, citing slightly higher revenue growth and profit margin assumptions, along with a lower future P/E, even as they apply a somewhat higher discount rate to their valuation work. What's in the News Nidec postponed the disclosure of financial results for the fiscal year ended March 31, 2026, as it works on corrections to prior year financial statements following a third party committee investigation into inappropriate accounting treatment, with a new disclosure date yet to be set (Delayed Earnings Announcements).
5801
JP¥52,060.00
Furukawa Electric
7D
-3.0%
1Y
656.9%
6504
JP¥15,440.00
Fuji Electric
7D
-5.2%
1Y
140.2%
6503
JP¥6,558.00
Mitsubishi Electric
7D
4.1%
1Y
125.8%
5805
JP¥14,840.00
SWCC
7D
8.4%
1Y
112.0%
6516
JP¥6,790.00
Sanyo Denki
7D
-4.2%
1Y
100.3%
6925
JP¥4,156.00
Ushio
7D
1.8%
1Y
132.8%
Analysis Article • May 21

Ushio (TSE:6925) Strong Profits May Be Masking Some Underlying Issues

The market for Ushio Inc.'s ( TSE:6925 ) stock was strong after it released a healthy earnings report last week...
6623
JP¥8,400.00
Aichi Electric
7D
6.3%
1Y
75.4%
6622
JP¥15,850.00
DAIHEN
7D
-3.0%
1Y
159.4%
5821
JP¥3,785.00
Hirakawa Hewtech
7D
4.6%
1Y
152.5%
Analysis Article • May 18

Investors Can Find Comfort In Hirakawa Hewtech's (TSE:5821) Earnings Quality

Hirakawa Hewtech Corp.'s ( TSE:5821 ) earnings announcement last week didn't impress shareholders. Despite the soft...
5803
JP¥4,771.00
Fujikura
7D
-1.6%
1Y
326.1%
6517
JP¥3,570.00
Denyo
7D
-3.0%
1Y
32.7%
485A
JP¥3,855.00
PowerXInc
7D
-10.0%
1Y
n/a
6905
JP¥1,565.00
Cosel
7D
11.9%
1Y
42.0%
6617
JP¥8,040.00
Takaoka Toko
7D
3.5%
1Y
259.6%
6619
JP¥289.00
W-SCOPE
7D
-15.2%
1Y
1.8%