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Japanese (NIKKEI) Machinery Industry Analysis

UpdatedDec 31, 2025
DataAggregated Company Financials
Companies253
  • 7D-0.4%
  • 3M10.8%
  • 1Y33.3%
  • YTD34.7%

Over the last 7 days, the Machinery industry has remained flat, although notably Fanuc gained 3.3%. As for the the longer term, the industry is up 33% over the past 12 months. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 31 Dec 2025JP¥66.6tJP¥49.0tJP¥3.1t12.7x21.7x1.4x
Fri, 28 Nov 2025JP¥65.3tJP¥49.0tJP¥3.1t12.7x21.2x1.3x
Sun, 26 Oct 2025JP¥68.1tJP¥49.0tJP¥2.7t13.9x24.9x1.4x
Tue, 23 Sep 2025JP¥60.9tJP¥49.0tJP¥2.7t13.6x22.3x1.2x
Thu, 21 Aug 2025JP¥60.1tJP¥49.0tJP¥2.7t13.1x22x1.2x
Sat, 19 Jul 2025JP¥55.5tJP¥49.0tJP¥2.8t12.3x19.5x1.1x
Mon, 16 Jun 2025JP¥55.1tJP¥49.0tJP¥2.8t11.5x19.3x1.1x
Wed, 14 May 2025JP¥52.5tJP¥48.8tJP¥2.9t11.8x18.4x1.1x
Fri, 11 Apr 2025JP¥46.8tJP¥48.4tJP¥2.8t10.6x16.5x1x
Sun, 09 Mar 2025JP¥51.8tJP¥48.4tJP¥2.8t11.7x18.2x1.1x
Tue, 04 Feb 2025JP¥49.7tJP¥48.1tJP¥2.8t11.8x17.7x1x
Thu, 02 Jan 2025JP¥50.6tJP¥47.9tJP¥2.8t12.4x18.2x1.1x
Sat, 30 Nov 2024JP¥47.8tJP¥48.0tJP¥2.8t12.1x17.2x1x
Mon, 28 Oct 2024JP¥47.2tJP¥47.3tJP¥2.9t11.8x16.2x1x
Wed, 25 Sep 2024JP¥47.0tJP¥47.2tJP¥2.9t12.1x16.1x1x
Fri, 23 Aug 2024JP¥47.4tJP¥47.2tJP¥2.9t12x16.3x1x
Sun, 21 Jul 2024JP¥52.9tJP¥46.3tJP¥2.8t13.2x19.1x1.1x
Tue, 18 Jun 2024JP¥49.4tJP¥46.3tJP¥2.8t12.9x17.9x1.1x
Thu, 16 May 2024JP¥51.5tJP¥46.3tJP¥2.8t12.6x18.6x1.1x
Sat, 13 Apr 2024JP¥51.7tJP¥45.7tJP¥2.6t12.5x19.9x1.1x
Mon, 11 Mar 2024JP¥51.0tJP¥45.7tJP¥2.6t12.6x19.7x1.1x
Wed, 07 Feb 2024JP¥45.6tJP¥45.4tJP¥2.4t12.4x18.9x1x
Fri, 05 Jan 2024JP¥43.0tJP¥45.3tJP¥2.4t12.3x18.2x0.9x
Sun, 03 Dec 2023JP¥43.2tJP¥45.3tJP¥2.4t12x18.2x1x
Tue, 31 Oct 2023JP¥39.4tJP¥45.1tJP¥2.5t11.4x15.5x0.9x
Thu, 28 Sep 2023JP¥43.1tJP¥45.0tJP¥2.5t12.1x17.2x1x
Sat, 26 Aug 2023JP¥41.3tJP¥45.0tJP¥2.5t11.7x16.5x0.9x
Mon, 24 Jul 2023JP¥42.5tJP¥44.0tJP¥2.4t12.1x17.5x1x
Wed, 21 Jun 2023JP¥44.1tJP¥44.0tJP¥2.4t11.9x18.1x1x
Fri, 19 May 2023JP¥40.1tJP¥43.9tJP¥2.4t11.6x16.8x0.9x
Sun, 16 Apr 2023JP¥38.1tJP¥42.6tJP¥2.3t11.2x16.2x0.9x
Tue, 14 Mar 2023JP¥38.9tJP¥42.6tJP¥2.3t11.2x16.6x0.9x
Thu, 09 Feb 2023JP¥37.6tJP¥41.9tJP¥2.4t10.7x15.8x0.9x
Sat, 07 Jan 2023JP¥34.1tJP¥41.1tJP¥2.4t10.1x14.1x0.8x
Price to Earnings Ratio

14.1x


Total Market Cap: JP¥34.1tTotal Earnings: JP¥2.4tTotal Revenue: JP¥41.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Machinery Industry Price to Earnings3Y Average 18.3x20242025
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 21.7x which is higher than its 3-year average PE of 18.3x.
  • 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-0.30%
Industrials-0.18%
Machinery-0.35%
Industrial Machinery-0.26%
Construction Machinery and Vehicles-0.50%
Agricultural Machinery-1.39%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 20.8x.
    • Analysts are expecting annual earnings growth of 12.0%, which is lower than the prior year's growth of 13.6% 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 Construction Machinery and Vehicles industry is expected to see its earnings grow by 8.6% 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
6954 FanucJP¥6.08k2.7%
+JP¥148.4b		45.7%PE36.1x
6273 SMCJP¥54.46k1.6%
+JP¥55.6b		-12.4%PE21.9x
6506 YASKAWA ElectricJP¥4.76k2.8%
+JP¥33.7b		16.9%PE21.5x
6301 KomatsuJP¥5.00k0.7%
+JP¥30.7b		14.9%PE10.9x
6324 Harmonic Drive SystemsJP¥3.78k8.0%
+JP¥26.5b		13.0%PE77.1x

Latest News

6326
JP¥2,216.50
Kubota
7D
-0.4%
1Y
20.5%

Kubota (TSE:6326) Has Affirmed Its Dividend Of ¥25.00

Dec 27
Kubota (TSE:6326) Has Affirmed Its Dividend Of ¥25.00
6273
JP¥54,460.00
SMC
7D
1.6%
1Y
-12.4%

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
6481
JP¥4,007.00
THK
7D
-2.2%
1Y
8.9%
6301
JP¥5,000.00
Komatsu
7D
0.7%
1Y
14.9%
7013
JP¥2,754.50
IHI
7D
-1.9%
1Y
107.1%

Here's Why IHI (TSE:7013) Has Caught The Eye Of Investors

Dec 23
Here's Why IHI (TSE:7013) Has Caught The Eye Of Investors
6324
JP¥3,780.00
Harmonic Drive Systems
7D
8.0%
1Y
13.0%

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¥6,084.00
Fanuc
7D
2.7%
1Y
45.7%

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
7003
JP¥5,560.00
MITSUI E&S
7D
-2.5%
1Y
201.8%

There's Been No Shortage Of Growth Recently For MITSUI E&S' (TSE:7003) Returns On Capital

Dec 22
There's Been No Shortage Of Growth Recently For MITSUI E&S' (TSE:7003) Returns On Capital
7011
JP¥3,840.00
Mitsubishi Heavy Industries
7D
-1.3%
1Y
72.7%

7011: Higher Margins And Dividend Policy Will Drive Stronger Returns Ahead

Analysts have raised their price target for Mitsubishi Heavy Industries from JPY 4,395.71 to JPY 4,527.07, citing slightly lower long term revenue growth assumptions that are more than offset by improved profit margin expectations and a modestly higher future price earnings multiple. What's in the News Mitsubishi Heavy Industries revised its consolidated guidance for the fiscal year ending March 31, 2026, now targeting revenue of JPY 4,800,000 million, profit from business activities of JPY 390,000 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).
7012
JP¥10,380.00
Kawasaki Heavy Industries
7D
-5.5%
1Y
42.6%

7012: Future Earnings Multiple And Dividend Policy Will Shape Balanced Outlook

Narrative Update The analyst price target for Kawasaki Heavy Industries has been raised significantly, from ¥6,723 to ¥11,000, as analysts incorporate a higher future price to earnings multiple despite slightly more conservative assumptions for revenue growth, profit margins, and discount rates. What's in the News Kawasaki Heavy Industries announced a second quarter end dividend of JPY 75.00 per share for the year ending March 31, 2026, up from JPY 70.00 per share a year earlier, with payments commencing on December 5, 2025 (company announcement) The company issued consolidated earnings guidance for the fiscal year ending March 31, 2026, projecting revenue of JPY 2,340,000 million, business profit of JPY 145,000 million, profit attributable to owners of parent of JPY 82,000 million, and basic earnings per share of JPY 490.61 (company guidance) Valuation Changes The fair value estimate has risen significantly from approximately ¥6,723 to ¥11,000 per share.
6454
JP¥6,910.00
Max
7D
2.1%
1Y
96.3%
5631
JP¥7,679.00
Japan Steel Works
7D
-2.0%
1Y
32.9%
6506
JP¥4,756.00
YASKAWA Electric
7D
2.8%
1Y
16.9%
6201
JP¥17,800.00
Toyota Industries
7D
-0.2%
1Y
38.4%
6134
JP¥3,641.00
Fuji
7D
2.3%
1Y
51.0%

Fuji (TSE:6134) Is Due To Pay A Dividend Of ¥40.00

Dec 09
Fuji (TSE:6134) Is Due To Pay A Dividend Of ¥40.00
6005
JP¥3,039.00
Miura
7D
3.1%
1Y
-23.6%

An Intrinsic Calculation For Miura Co., Ltd. (TSE:6005) Suggests It's 48% Undervalued

Dec 08
An Intrinsic Calculation For Miura Co., Ltd. (TSE:6005) Suggests It's 48% Undervalued