Narrative Update • May 19
Have your own idea? Try our Stock Screener
Japanese (NIKKEI) Machinery Industry Analysis
UpdatedMay 21, 2026
DataAggregated Company Financials
Companies247
- 7D-8.0%
- 3M-8.4%
- 1Y46.8%
- YTD13.0%
Over the last 7 days, the Machinery industry has dropped 8.0%, driven by pullbacks in Mitsubishi Heavy Industries and SMC of 8.7% and 23%, respectively. In contrast, ARCHION has gained 27%. This takes the industry's 12 month performance to a gain of 47%. Looking forward, earnings are forecast to grow by 9.9% annually.
Industry Valuation and Performance
Has the Japanese Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 May 2026 | JP¥78.2t | JP¥49.5t | JP¥3.5t | 13.9x | 22.5x | 1.6x |
| Sat, 18 Apr 2026 | JP¥77.5t | JP¥49.5t | JP¥3.2t | 14.7x | 24.2x | 1.6x |
| Mon, 16 Mar 2026 | JP¥79.2t | JP¥49.9t | JP¥3.2t | 14.7x | 24.6x | 1.6x |
| Wed, 11 Feb 2026 | JP¥84.7t | JP¥49.8t | JP¥3.2t | 14.5x | 26.7x | 1.7x |
| Fri, 09 Jan 2026 | JP¥70.6t | JP¥48.9t | JP¥3.1t | 13.1x | 22.9x | 1.4x |
| Sun, 07 Dec 2025 | JP¥67.9t | JP¥49.0t | JP¥3.1t | 12.6x | 22.1x | 1.4x |
| Tue, 04 Nov 2025 | JP¥68.4t | JP¥49.1t | JP¥2.7t | 13.4x | 25.1x | 1.4x |
| Thu, 02 Oct 2025 | JP¥60.3t | JP¥49.0t | JP¥2.7t | 13.3x | 22.1x | 1.2x |
| Sat, 30 Aug 2025 | JP¥59.9t | JP¥49.0t | JP¥2.7t | 13.3x | 21.9x | 1.2x |
| Mon, 28 Jul 2025 | JP¥59.1t | JP¥49.0t | JP¥2.9t | 12.6x | 20.7x | 1.2x |
| Wed, 25 Jun 2025 | JP¥55.0t | JP¥49.0t | JP¥2.8t | 11.6x | 19.3x | 1.1x |
| Fri, 23 May 2025 | JP¥53.2t | JP¥49.0t | JP¥2.8t | 11.4x | 18.7x | 1.1x |
| Sun, 20 Apr 2025 | JP¥47.3t | JP¥48.4t | JP¥2.8t | 10.9x | 16.7x | 1x |
| Tue, 18 Mar 2025 | JP¥53.9t | JP¥48.4t | JP¥2.8t | 11.9x | 18.9x | 1.1x |
| Thu, 13 Feb 2025 | JP¥50.4t | JP¥48.2t | JP¥2.8t | 11.7x | 17.7x | 1x |
| Sat, 11 Jan 2025 | JP¥49.3t | JP¥47.9t | JP¥2.8t | 12x | 17.7x | 1x |
| Mon, 09 Dec 2024 | JP¥49.2t | JP¥48.0t | JP¥2.8t | 12.1x | 17.7x | 1x |
| Wed, 06 Nov 2024 | JP¥48.1t | JP¥47.5t | JP¥2.6t | 12.1x | 18.2x | 1x |
| Fri, 04 Oct 2024 | JP¥49.3t | JP¥47.2t | JP¥2.9t | 12.2x | 16.9x | 1x |
| Sun, 01 Sep 2024 | JP¥48.1t | JP¥47.2t | JP¥2.9t | 12x | 16.5x | 1x |
| Tue, 30 Jul 2024 | JP¥50.3t | JP¥46.4t | JP¥2.8t | 12.9x | 18x | 1.1x |
| Thu, 27 Jun 2024 | JP¥50.5t | JP¥46.3t | JP¥2.8t | 13.5x | 18.2x | 1.1x |
| Sat, 25 May 2024 | JP¥51.0t | JP¥46.3t | JP¥2.8t | 12.6x | 18.5x | 1.1x |
| Mon, 22 Apr 2024 | JP¥49.0t | JP¥45.7t | JP¥2.6t | 12.3x | 18.9x | 1.1x |
| Wed, 20 Mar 2024 | JP¥50.9t | JP¥45.7t | JP¥2.6t | 12.9x | 19.7x | 1.1x |
| Fri, 16 Feb 2024 | JP¥46.6t | JP¥45.6t | JP¥2.5t | 11.9x | 18.4x | 1x |
| Sun, 14 Jan 2024 | JP¥45.4t | JP¥45.3t | JP¥2.4t | 12.4x | 19.2x | 1x |
| Tue, 12 Dec 2023 | JP¥41.4t | JP¥45.3t | JP¥2.4t | 11.8x | 17.5x | 0.9x |
| Thu, 09 Nov 2023 | JP¥41.2t | JP¥45.3t | JP¥2.4t | 11.5x | 17x | 0.9x |
| Sat, 07 Oct 2023 | JP¥40.9t | JP¥45.0t | JP¥2.5t | 11.5x | 16.4x | 0.9x |
| Mon, 04 Sep 2023 | JP¥43.5t | JP¥45.0t | JP¥2.5t | 12.2x | 17.4x | 1x |
| Wed, 02 Aug 2023 | JP¥43.0t | JP¥44.4t | JP¥2.4t | 12.1x | 17.6x | 1x |
| Fri, 30 Jun 2023 | JP¥43.8t | JP¥44.0t | JP¥2.4t | 12.1x | 18x | 1x |
| Sun, 28 May 2023 | JP¥40.6t | JP¥44.0t | JP¥2.4t | 11.3x | 16.7x | 0.9x |
Price to Earnings Ratio
16.7x
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 22.5x which is higher than its 3-year average PE of 19.4x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 4.0% 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 | -3.06% | |
| Industrials | -6.49% | |
| Machinery | -7.98% | |
| Construction Machinery and Vehicles | -3.05% | |
| Agricultural Machinery | -7.94% | |
| Industrial Machinery | -9.22% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 22.3x.
- Analysts expect its future annual earnings growth (10.8%) to be largely in line with prior year's earnings growth.
- 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 11.7x.
Forecasted Growth
- Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 11% 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 6.8% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 543A ARCHION | JP¥408.00 | 21.4% +JP¥198.5b | -11.8% | PE13.3x | |
| 6508 Meidensha | JP¥10.71k | 13.5% +JP¥57.6b | 160.3% | PE20.6x | |
| 6134 Fuji | JP¥7.59k | 5.4% +JP¥33.9b | 241.8% | PE42.4x | |
| 6013 Takuma | JP¥3.22k | 16.8% +JP¥31.5b | 55.8% | PE16x | |
| 6201 Toyota Industries | JP¥20.50k | 0.4% +JP¥27.0b | 15.1% | PE27.5x |