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Japanese (NIKKEI) Machinery Industry Analysis

UpdatedMay 23, 2026
DataAggregated Company Financials
Companies247
  • 7D-1.6%
  • 3M-5.0%
  • 1Y51.2%
  • YTD17.4%

Over the last 7 days, the Machinery industry has dropped 1.6%, driven by Mitsubishi Heavy Industries declining 2.7%. On the other hand ARCHION is actually up 21%. Over the past 12 months, the industry was up 51%. Looking forward, earnings are forecast to grow by 10.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 May 2026JP¥81.2tJP¥49.5tJP¥3.5t14.4x23.4x1.6x
Tue, 21 Apr 2026JP¥79.1tJP¥49.5tJP¥3.2t14.9x24.7x1.6x
Thu, 19 Mar 2026JP¥80.8tJP¥49.8tJP¥3.2t15x25.1x1.6x
Sat, 14 Feb 2026JP¥84.6tJP¥49.9tJP¥3.2t14.1x26.4x1.7x
Mon, 12 Jan 2026JP¥71.4tJP¥48.9tJP¥3.1t13.3x23.3x1.5x
Wed, 10 Dec 2025JP¥69.3tJP¥49.0tJP¥3.1t12.5x22.5x1.4x
Fri, 07 Nov 2025JP¥68.5tJP¥49.1tJP¥3.0t13.4x23.2x1.4x
Sun, 05 Oct 2025JP¥60.9tJP¥49.0tJP¥2.7t13.3x22.3x1.2x
Tue, 02 Sep 2025JP¥59.5tJP¥49.0tJP¥2.7t13.2x21.8x1.2x
Thu, 31 Jul 2025JP¥58.6tJP¥48.9tJP¥2.8t12.6x20.7x1.2x
Sat, 28 Jun 2025JP¥57.0tJP¥49.0tJP¥2.9t11.8x20x1.2x
Mon, 26 May 2025JP¥54.0tJP¥49.0tJP¥2.8t11.4x18.9x1.1x
Wed, 23 Apr 2025JP¥46.3tJP¥48.4tJP¥2.8t10.9x16.3x1x
Fri, 21 Mar 2025JP¥54.8tJP¥48.4tJP¥2.8t11.9x19.2x1.1x
Sun, 16 Feb 2025JP¥49.7tJP¥48.3tJP¥2.8t11.7x17.5x1x
Tue, 14 Jan 2025JP¥49.2tJP¥47.7tJP¥2.8t12x17.8x1x
Thu, 12 Dec 2024JP¥49.8tJP¥48.0tJP¥2.8t12.2x17.9x1x
Sat, 09 Nov 2024JP¥50.1tJP¥47.8tJP¥2.8t12.3x18x1x
Mon, 07 Oct 2024JP¥49.5tJP¥47.2tJP¥2.9t12.2x17x1x
Wed, 04 Sep 2024JP¥47.8tJP¥47.2tJP¥2.9t12x16.4x1x
Fri, 02 Aug 2024JP¥48.6tJP¥46.5tJP¥2.8t12.5x17.4x1x
Sun, 30 Jun 2024JP¥51.8tJP¥46.3tJP¥2.8t13.6x18.7x1.1x
Tue, 28 May 2024JP¥51.4tJP¥46.3tJP¥2.8t12.7x18.6x1.1x
Thu, 25 Apr 2024JP¥50.9tJP¥45.7tJP¥2.6t12.6x19.7x1.1x
Sat, 23 Mar 2024JP¥51.9tJP¥45.7tJP¥2.6t13.1x20.1x1.1x
Mon, 19 Feb 2024JP¥47.3tJP¥45.7tJP¥2.6t12x18.3x1x
Wed, 17 Jan 2024JP¥45.4tJP¥45.3tJP¥2.4t12.7x19.2x1x
Fri, 15 Dec 2023JP¥41.4tJP¥45.3tJP¥2.4t11.7x17.5x0.9x
Sun, 12 Nov 2023JP¥41.9tJP¥45.3tJP¥2.4t11.5x17.5x0.9x
Tue, 10 Oct 2023JP¥40.9tJP¥45.0tJP¥2.5t11.5x16.4x0.9x
Thu, 07 Sep 2023JP¥44.4tJP¥45.0tJP¥2.5t12.5x17.7x1x
Sat, 05 Aug 2023JP¥41.9tJP¥44.4tJP¥2.4t11.9x17.1x0.9x
Mon, 03 Jul 2023JP¥43.8tJP¥44.0tJP¥2.4t12.2x18.1x1x
Wed, 31 May 2023JP¥41.1tJP¥44.0tJP¥2.4t11.3x16.9x0.9x
Price to Earnings Ratio

16.9x


Total Market Cap: JP¥41.1tTotal Earnings: JP¥2.4tTotal Revenue: JP¥44.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Machinery Industry Price to Earnings3Y Average 19.4x202420252026
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 23.4x 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 Market1.18%
Industrials-2.31%
Machinery-1.64%
Construction Machinery and Vehicles-1.12%
Industrial Machinery-1.44%
Agricultural Machinery-7.62%
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?

CompanyLast Price7D1YValuation
543A ARCHIONJP¥440.0020.5%
+JP¥206.7b		-2.0%PE14.4x
7013 IHIJP¥2.76k2.8%
+JP¥80.6b		40.2%PE18.2x
5333 NGKJP¥5.86k2.9%
+JP¥46.4b		237.5%PE27.5x
9962 MISUMI GroupJP¥3.38k4.6%
+JP¥38.9b		74.3%PE22.1x
6479 MINEBEA MITSUMIJP¥3.99k1.2%
+JP¥19.3b		95.4%PE16.2x

Latest News

543A
JP¥440.00
ARCHION
7D
20.5%
1Y
-2.0%
Analysis Article • May 21

Solid Earnings May Not Tell The Whole Story For ARCHION (TSE:543A)

The market for ARCHION Corporation's ( TSE:543A ) stock was strong after it released a healthy earnings report last...
9962
JP¥3,376.00
MISUMI Group
7D
4.6%
1Y
74.3%
6368
JP¥16,430.00
Organo
7D
-9.9%
1Y
111.5%
6273
JP¥66,270.00
SMC
7D
-2.4%
1Y
24.5%
7011
JP¥3,969.00
Mitsubishi Heavy Industries
7D
-2.7%
1Y
23.7%
6376
JP¥3,205.00
Nikkiso
7D
10.1%
1Y
162.7%
7012
JP¥2,971.00
Kawasaki Heavy Industries
7D
-2.5%
1Y
61.7%
7013
JP¥2,761.00
IHI
7D
2.8%
1Y
40.2%
6301
JP¥6,236.00
Komatsu
7D
-3.8%
1Y
44.9%
Narrative Update • May 19

6301: Share Buybacks And Dividend Reset Will Shape Measured Future Returns

Analysts have adjusted the 12 month price target for Komatsu slightly higher, from ¥6,340 to ¥6,422.5, reflecting updated assumptions for revenue growth, profit margins, and a higher future P/E multiple. What's in the News A board meeting is scheduled for April 28, 2026 to consider a common stock repurchase under Article 156 and Article 165, paragraph 3 of the Companies Act of Japan, and the cancellation of treasury shares under Article 178 (Key Developments).
5333
JP¥5,861.00
NGK
7D
2.9%
1Y
237.5%
6480
JP¥2,066.00
Nippon Thompson
7D
14.8%
1Y
308.3%
6479
JP¥3,992.00
MINEBEA MITSUMI
7D
1.2%
1Y
95.4%
Analysis Article • May 15

Earnings Beat: MINEBEA MITSUMI Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

MINEBEA MITSUMI Inc. ( TSE:6479 ) just released its annual report and things are looking bullish. The company beat...
6954
JP¥8,174.00
Fanuc
7D
-0.7%
1Y
109.3%
6326
JP¥2,700.00
Kubota
7D
-7.8%
1Y
71.5%
Analysis Article • May 12

Kubota Corporation Just Recorded A 33% EPS Beat: Here's What Analysts Are Forecasting Next

Kubota Corporation ( TSE:6326 ) just released its quarterly report and things are looking bullish. It was overall a...
6586
JP¥5,716.00
Makita
7D
1.2%
1Y
33.5%
Analysis Article • May 01

Makita Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Shareholders of Makita Corporation ( TSE:6586 ) will be pleased this week, given that the stock price is up 10% to...
6305
JP¥4,982.00
Hitachi Construction Machinery
7D
-4.7%
1Y
16.1%