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Japanese (NIKKEI) Industrial Machinery Industry Analysis

UpdatedJan 08, 2026
DataAggregated Company Financials
Companies220
  • 7D6.3%
  • 3M7.7%
  • 1Y45.1%
  • YTDn/a

In the last week, the Industrial Machinery industry is up 6.3%, with Mitsubishi Heavy Industries up 11%. This takes the industry's 12 month performance to a gain of 45%. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 Jan 2026JP¥53.8tJP¥31.7tJP¥2.0t13.3x26.6x1.7x
Sat, 06 Dec 2025JP¥51.7tJP¥31.8tJP¥2.0t12.5x25.6x1.6x
Mon, 03 Nov 2025JP¥52.5tJP¥31.9tJP¥1.9t13.2x27.4x1.6x
Wed, 01 Oct 2025JP¥46.6tJP¥31.9tJP¥1.9t13.4x24.6x1.5x
Fri, 29 Aug 2025JP¥45.3tJP¥31.9tJP¥1.9t13.1x23.9x1.4x
Sun, 27 Jul 2025JP¥44.1tJP¥31.7tJP¥1.9t13x22.9x1.4x
Tue, 24 Jun 2025JP¥41.0tJP¥31.6tJP¥1.9t11.8x21.3x1.3x
Thu, 22 May 2025JP¥39.3tJP¥31.6tJP¥1.9t11.5x20.5x1.2x
Sat, 19 Apr 2025JP¥35.1tJP¥31.2tJP¥1.9t10.9x18.3x1.1x
Mon, 17 Mar 2025JP¥39.0tJP¥31.2tJP¥1.9t11.9x20.3x1.3x
Wed, 12 Feb 2025JP¥37.1tJP¥31.0tJP¥1.9t11.9x19.6x1.2x
Fri, 10 Jan 2025JP¥36.9tJP¥30.8tJP¥1.8t12.3x20.2x1.2x
Sun, 08 Dec 2024JP¥37.3tJP¥30.8tJP¥1.8t12.6x20.4x1.2x
Tue, 05 Nov 2024JP¥36.2tJP¥30.3tJP¥1.7t12.3x21.8x1.2x
Thu, 03 Oct 2024JP¥37.7tJP¥30.2tJP¥1.7t12.4x22.7x1.2x
Sat, 31 Aug 2024JP¥35.9tJP¥30.2tJP¥1.7t12.4x21.6x1.2x
Mon, 29 Jul 2024JP¥35.9tJP¥29.7tJP¥1.6t13.1x22.2x1.2x
Wed, 26 Jun 2024JP¥37.2tJP¥29.7tJP¥1.6t13.9x23x1.3x
Fri, 24 May 2024JP¥36.8tJP¥29.7tJP¥1.6t12.8x22.9x1.2x
Sun, 21 Apr 2024JP¥34.9tJP¥29.2tJP¥1.5t12.5x22.5x1.2x
Tue, 19 Mar 2024JP¥36.0tJP¥29.2tJP¥1.5t12.8x23.2x1.2x
Thu, 15 Feb 2024JP¥32.2tJP¥29.3tJP¥1.5t12.4x21.4x1.1x
Sat, 13 Jan 2024JP¥32.8tJP¥29.1tJP¥1.5t12.5x22.5x1.1x
Mon, 11 Dec 2023JP¥29.2tJP¥29.1tJP¥1.5t12x20x1x
Wed, 08 Nov 2023JP¥30.1tJP¥29.2tJP¥1.7t11.9x18x1x
Fri, 06 Oct 2023JP¥29.7tJP¥29.1tJP¥1.7t11.6x17.6x1x
Sun, 03 Sep 2023JP¥30.9tJP¥29.1tJP¥1.7t12.3x18.4x1.1x
Tue, 01 Aug 2023JP¥30.6tJP¥28.6tJP¥1.6t12.1x18.6x1.1x
Thu, 29 Jun 2023JP¥31.3tJP¥28.6tJP¥1.7t12x18.8x1.1x
Sat, 27 May 2023JP¥30.2tJP¥28.6tJP¥1.7t11.8x18.1x1.1x
Mon, 24 Apr 2023JP¥28.5tJP¥28.0tJP¥1.7t11.4x16.9x1x
Wed, 22 Mar 2023JP¥27.5tJP¥27.9tJP¥1.7t11x16.3x1x
Fri, 17 Feb 2023JP¥28.4tJP¥27.9tJP¥1.7t11.3x16.8x1x
Sun, 15 Jan 2023JP¥26.1tJP¥27.1tJP¥1.7t10.5x15x1x
Price to Earnings Ratio

15x


Total Market Cap: JP¥26.1tTotal Earnings: JP¥1.7tTotal Revenue: JP¥27.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Industrial Machinery Industry Price to Earnings3Y Average 20.8x202420252026
Current Industry PE
  • Investors are optimistic on the Japanese Industrial Machinery industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 26.6x which is higher than its 3-year average PE of 20.8x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Industrial Machinery industry have grown 5.3% per year over the last three years.
  • Revenues for these companies have grown 5.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Japanese Industrial Machinery compare with similar industries?

JP Market2.80%
Industrials3.91%
Machinery5.62%
Industrial Machinery6.33%
Agricultural Machinery4.91%
Construction Machinery and Vehicles3.06%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
7011 Mitsubishi Heavy IndustriesJP¥4.26k11.0%
+JP¥1.4t		96.3%PE54.4x
7013 IHIJP¥3.13k13.7%
+JP¥399.1b		171.2%PE25.7x
6361 EbaraJP¥4.40k19.4%
+JP¥326.9b		63.6%PE26.8x
7012 Kawasaki Heavy IndustriesJP¥11.99k15.5%
+JP¥269.1b		75.8%PE20.8x
6954 FanucJP¥6.30k3.5%
+JP¥197.8b		51.8%PE37.3x

Latest News

6454
JP¥6,870.00
Max
7D
-0.6%
1Y
99.4%

Max's (TSE:6454) Upcoming Dividend Will Be Larger Than Last Year's

Jan 08
Max's (TSE:6454) Upcoming Dividend Will Be Larger Than Last Year's
7012
JP¥11,990.00
Kawasaki Heavy Industries
7D
15.5%
1Y
75.8%
6383
JP¥5,119.00
Daifuku
7D
3.9%
1Y
59.6%

Capital Investments At Daifuku (TSE:6383) Point To A Promising Future

Jan 08
Capital Investments At Daifuku (TSE:6383) Point To A Promising Future
7013
JP¥3,131.00
IHI
7D
13.7%
1Y
171.2%

7013: Dividend Increase And Earnings Guidance Will Support Medium Term Upside

Analysts trimmed their price target on IHI to ¥3,250, reflecting updated assumptions for slightly higher revenue growth and P/E, alongside softer profit margin expectations and recent research highlighting limited upside at current levels. Analyst Commentary Recent commentary on IHI centers on valuation, with the latest move being a downgrade to Neutral at Goldman Sachs alongside a ¥3,250 price target.
6361
JP¥4,400.00
Ebara
7D
19.4%
1Y
63.6%
6479
JP¥3,019.00
MINEBEA MITSUMI
7D
-3.9%
1Y
21.6%

6479: Raised Guidance And Dividend Will Support Fairly Valued Outlook

Analysts have lifted their price target for MINEBEA MITSUMI to ¥3,363 from ¥3,326, reflecting slightly higher assumptions for fair value, revenue growth, profit margin, and future P/E. What's in the News MINEBEA MITSUMI raised consolidated net sales guidance for the year ending March 31, 2026 to ¥1,550,000 million, compared with the previous range of ¥1,500,000 million to ¥1,520,000 million (company guidance).
7011
JP¥4,262.00
Mitsubishi Heavy Industries
7D
11.0%
1Y
96.3%

7011: Ethanol Alliance And Earnings Outlook Will Support Higher Future Returns

Analysts now set their fair value estimate for Mitsubishi Heavy Industries at ¥5,300, up from ¥3,848.99, citing revised assumptions for revenue growth, profit margins, future P/E levels and an updated discount rate. What's in the News Mitsubishi Heavy Industries issued revised consolidated earnings guidance for the fiscal year ending March 31, 2026, with expected revenue of ¥4,800,000 million, profit from business activities of ¥390,000 million, profit attributable to owners of the parent of ¥230,000 million, and basic earnings per share of ¥68.49 (company guidance).
6135
JP¥10,770.00
Makino Milling Machine
7D
-2.4%
1Y
-6.3%
6273
JP¥56,760.00
SMC
7D
4.2%
1Y
-4.5%

We Think SMC (TSE:6273) Can Stay On Top Of Its Debt

Dec 26
We Think SMC (TSE:6273) Can Stay On Top Of Its Debt
6226
JP¥4,825.00
Moriya Transportation Engineering and ManufacturingLtd
7D
-1.2%
1Y
98.0%
6324
JP¥3,680.00
Harmonic Drive Systems
7D
-2.6%
1Y
-6.5%

Returns At Harmonic Drive Systems (TSE:6324) Are On The Way Up

Dec 22
Returns At Harmonic Drive Systems (TSE:6324) Are On The Way Up
6954
JP¥6,296.00
Fanuc
7D
3.5%
1Y
51.8%

Fanuc Corporation's (TSE:6954) 25% Share Price Surge Not Quite Adding Up

Dec 22
Fanuc Corporation's (TSE:6954) 25% Share Price Surge Not Quite Adding Up
3302
JP¥3,145.00
Teikoku Sen-i
7D
-4.7%
1Y
35.6%
6278
JP¥8,460.00
Union Tool
7D
-0.8%
1Y
69.2%
5631
JP¥8,553.00
Japan Steel Works
7D
11.4%
1Y
48.1%
6151
JP¥1,798.00
Nitto Kohki
7D
-2.3%
1Y
-26.7%