Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Japanese (NIKKEI) Machinery Industry Analysis

UpdatedDec 18, 2025
DataAggregated Company Financials
Companies253
  • 7D-4.3%
  • 3M10.0%
  • 1Y37.0%
  • YTD34.2%

Over the last 7 days, the Machinery industry has dropped 4.3%, driven by a pullback from Mitsubishi Heavy Industries of 5.9%. Over the past 12 months, the industry was up 37%. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Dec 2025JP¥66.4tJP¥49.0tJP¥3.1t12.4x21.6x1.4x
Sat, 15 Nov 2025JP¥66.9tJP¥49.0tJP¥3.1t13.6x21.9x1.4x
Mon, 13 Oct 2025JP¥64.3tJP¥49.0tJP¥2.7t13x23.5x1.3x
Wed, 10 Sep 2025JP¥60.6tJP¥49.0tJP¥2.7t13.4x22.2x1.2x
Fri, 08 Aug 2025JP¥60.6tJP¥48.9tJP¥2.8t13x21.9x1.2x
Sun, 06 Jul 2025JP¥55.8tJP¥49.0tJP¥2.8t11.9x19.6x1.1x
Tue, 03 Jun 2025JP¥54.9tJP¥49.0tJP¥2.8t11.5x19.3x1.1x
Thu, 01 May 2025JP¥50.3tJP¥48.6tJP¥2.9t11.2x17.2x1x
Sat, 29 Mar 2025JP¥52.2tJP¥48.4tJP¥2.8t11.8x18.3x1.1x
Mon, 24 Feb 2025JP¥50.5tJP¥48.4tJP¥2.8t11.6x17.7x1x
Wed, 22 Jan 2025JP¥49.8tJP¥47.9tJP¥2.8t12x17.8x1x
Fri, 20 Dec 2024JP¥49.1tJP¥48.0tJP¥2.8t12.3x17.7x1x
Sun, 17 Nov 2024JP¥49.8tJP¥47.9tJP¥2.8t11.8x17.8x1x
Tue, 15 Oct 2024JP¥49.4tJP¥47.2tJP¥2.9t12.1x17x1x
Thu, 12 Sep 2024JP¥43.3tJP¥47.2tJP¥2.9t11.3x14.9x0.9x
Sat, 10 Aug 2024JP¥44.3tJP¥47.1tJP¥2.9t11x15.4x0.9x
Mon, 08 Jul 2024JP¥54.1tJP¥46.3tJP¥2.8t13.4x19.6x1.2x
Wed, 05 Jun 2024JP¥51.0tJP¥46.3tJP¥2.8t13x18.5x1.1x
Fri, 03 May 2024JP¥51.8tJP¥45.9tJP¥2.7t12.8x19.2x1.1x
Sun, 31 Mar 2024JP¥51.6tJP¥45.7tJP¥2.6t12.7x19.9x1.1x
Tue, 27 Feb 2024JP¥48.8tJP¥45.7tJP¥2.6t12.3x18.8x1.1x
Thu, 25 Jan 2024JP¥45.3tJP¥45.3tJP¥2.4t12.6x19.2x1x
Sat, 23 Dec 2023JP¥42.3tJP¥45.3tJP¥2.4t12.1x17.9x0.9x
Mon, 20 Nov 2023JP¥42.9tJP¥45.3tJP¥2.4t11.8x18.1x0.9x
Wed, 18 Oct 2023JP¥42.6tJP¥45.0tJP¥2.5t11.8x17x0.9x
Fri, 15 Sep 2023JP¥43.9tJP¥45.0tJP¥2.5t12.2x17.5x1x
Sun, 13 Aug 2023JP¥42.8tJP¥45.0tJP¥2.5t11.9x17.1x1x
Tue, 11 Jul 2023JP¥42.3tJP¥44.0tJP¥2.4t11.9x17.5x1x
Thu, 08 Jun 2023JP¥42.3tJP¥44.0tJP¥2.4t11.3x17.4x1x
Sat, 06 May 2023JP¥39.5tJP¥43.1tJP¥2.4t11.5x16.7x0.9x
Mon, 03 Apr 2023JP¥38.6tJP¥42.6tJP¥2.3t11.2x16.5x0.9x
Wed, 01 Mar 2023JP¥38.6tJP¥42.6tJP¥2.3t11.2x16.5x0.9x
Fri, 27 Jan 2023JP¥37.2tJP¥41.2tJP¥2.4t10.5x15.4x0.9x
Sun, 25 Dec 2022JP¥34.4tJP¥41.1tJP¥2.4t10.2x14.3x0.8x
Price to Earnings Ratio

14.3x


Total Market Cap: JP¥34.4tTotal Earnings: JP¥2.4tTotal Revenue: JP¥41.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Machinery Industry Price to Earnings3Y Average 18.2x202320242025
Current Industry PE
  • Investors are optimistic on the Japanese Machinery industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 21.6x which is higher than its 3-year average PE of 18.2x.
  • The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 8.4% per year over the last three years.
  • Revenues for these companies have grown 6.0% 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 Market-0.55%
Industrials-0.92%
Machinery-4.28%
Construction Machinery and Vehicles-1.34%
Agricultural Machinery-2.48%
Industrial Machinery-5.11%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 20.6x.
    • Analysts are expecting annual earnings growth of 11.8%, which is lower than the prior year's growth of 13.2% per year.
  • Investors are most pessimistic about the Agricultural Machinery industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.5x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 8.8% 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
6301 KomatsuJP¥5.01k0.8%
+JP¥37.9b		21.8%PE10.9x
6586 MakitaJP¥4.72k1.7%
+JP¥20.6b		1.5%PE15.6x
6465 HoshizakiJP¥5.26k2.8%
+JP¥20.1b		-16.8%PE18.5x
9962 MISUMI GroupJP¥2.45k1.8%
+JP¥11.6b		1.8%PE20.6x
6305 Hitachi Construction MachineryJP¥4.59k0.9%
+JP¥9.1b		35.0%PE11.2x

Latest News

5631
JP¥7,399.00
Japan Steel Works
7D
-16.4%
1Y
19.2%
6301
JP¥5,009.00
Komatsu
7D
0.8%
1Y
21.8%

The Return Trends At Komatsu (TSE:6301) Look Promising

Dec 17
The Return Trends At Komatsu (TSE:6301) Look Promising
7317
JP¥1,085.00
Matsuya R&DLtd
7D
21.2%
1Y
50.3%
9962
JP¥2,447.50
MISUMI Group
7D
1.8%
1Y
1.8%
6506
JP¥4,399.00
YASKAWA Electric
7D
-10.5%
1Y
12.4%
7226
JP¥2,896.00
Kyokuto Kaihatsu KogyoLtd
7D
5.3%
1Y
19.6%
6465
JP¥5,257.00
Hoshizaki
7D
2.8%
1Y
-16.8%

Is Hoshizaki Corporation (TSE:6465) Trading At A 23% Discount?

Dec 11
Is Hoshizaki Corporation (TSE:6465) Trading At A 23% Discount?
6351
JP¥2,210.00
Tsurumi ManufacturingLtd
7D
4.8%
1Y
44.2%
6479
JP¥3,110.00
MINEBEA MITSUMI
7D
-5.9%
1Y
26.0%
6586
JP¥4,723.00
Makita
7D
1.7%
1Y
1.5%

Here's What To Make Of Makita's (TSE:6586) Decelerating Rates Of Return

Dec 11
Here's What To Make Of Makita's (TSE:6586) Decelerating Rates Of Return
6273
JP¥53,970.00
SMC
7D
-4.8%
1Y
-12.5%
7013
JP¥2,761.00
IHI
7D
-4.9%
1Y
124.6%

IHI's (TSE:7013) Returns On Capital Are Heading Higher

Dec 07
IHI's (TSE:7013) Returns On Capital Are Heading Higher
7011
JP¥3,811.00
Mitsubishi Heavy Industries
7D
-5.9%
1Y
65.9%

7011: Updated Guidance And Margins Will Support Balanced Returns Ahead

Analysts have inched up their price target for Mitsubishi Heavy Industries by approximately ¥23.00 per share, as slightly stronger long term margin expectations and modestly higher valuation multiples are seen as more than offsetting a small downgrade to revenue growth assumptions and a marginally higher discount rate. What's in the News Mitsubishi Heavy Industries revised its consolidated earnings guidance for the fiscal year ending March 31, 2026, now expecting revenue of JPY 4,800,000 million and profit attributable to owners of the parent of JPY 230,000 million, reflecting stronger than expected performance in the first half of fiscal 2025 (company guidance).
6954
JP¥5,697.00
Fanuc
7D
-5.0%
1Y
40.7%
6305
JP¥4,593.00
Hitachi Construction Machinery
7D
0.9%
1Y
35.0%
6361
JP¥3,565.00
Ebara
7D
-11.6%
1Y
39.8%

Ebara (TSE:6361) Strong Profits May Be Masking Some Underlying Issues

Nov 20
Ebara (TSE:6361) Strong Profits May Be Masking Some Underlying Issues