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Japanese (NIKKEI) Machinery Industry Analysis

UpdatedJan 03, 2026
DataAggregated Company Financials
Companies253
  • 7D0.2%
  • 3M9.7%
  • 1Y33.3%
  • YTDn/a

In the last week, Machinery has been flat. The past year has been better, since the industry has gained 33% in that time. 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
Sat, 03 Jan 2026JP¥66.6tJP¥49.0tJP¥3.1t12.7x21.7x1.4x
Mon, 01 Dec 2025JP¥66.1tJP¥49.0tJP¥3.1t12.9x21.5x1.3x
Wed, 29 Oct 2025JP¥68.1tJP¥49.0tJP¥2.7t13.8x24.8x1.4x
Fri, 26 Sep 2025JP¥61.8tJP¥49.0tJP¥2.7t13.7x22.6x1.3x
Sun, 24 Aug 2025JP¥60.1tJP¥49.0tJP¥2.7t13.1x22x1.2x
Tue, 22 Jul 2025JP¥55.5tJP¥49.0tJP¥2.8t12.3x19.5x1.1x
Thu, 19 Jun 2025JP¥55.6tJP¥49.0tJP¥2.9t11.6x19.5x1.1x
Sat, 17 May 2025JP¥52.2tJP¥48.8tJP¥2.8t11.7x18.5x1.1x
Mon, 14 Apr 2025JP¥45.8tJP¥48.4tJP¥2.8t10.4x16.1x0.9x
Wed, 12 Mar 2025JP¥50.6tJP¥48.4tJP¥2.8t11.6x17.8x1x
Fri, 07 Feb 2025JP¥50.2tJP¥48.1tJP¥2.8t12x17.8x1x
Sun, 05 Jan 2025JP¥50.6tJP¥47.9tJP¥2.8t12.4x18.2x1.1x
Tue, 03 Dec 2024JP¥48.4tJP¥48.0tJP¥2.8t12.2x17.4x1x
Thu, 31 Oct 2024JP¥48.9tJP¥47.3tJP¥2.9t12x16.8x1x
Sat, 28 Sep 2024JP¥50.4tJP¥47.2tJP¥2.9t12.4x17.3x1.1x
Mon, 26 Aug 2024JP¥47.9tJP¥47.2tJP¥2.9t11.9x16.5x1x
Wed, 24 Jul 2024JP¥51.9tJP¥46.3tJP¥2.8t13x18.7x1.1x
Fri, 21 Jun 2024JP¥50.5tJP¥46.3tJP¥2.8t13.4x18.3x1.1x
Sun, 19 May 2024JP¥51.7tJP¥46.3tJP¥2.8t12.7x18.7x1.1x
Tue, 16 Apr 2024JP¥51.6tJP¥45.7tJP¥2.6t12.6x19.9x1.1x
Thu, 14 Mar 2024JP¥48.8tJP¥45.7tJP¥2.6t12x18.8x1.1x
Sat, 10 Feb 2024JP¥45.7tJP¥45.6tJP¥2.5t12.4x18.5x1x
Mon, 08 Jan 2024JP¥43.1tJP¥45.3tJP¥2.4t12.3x18.2x0.9x
Wed, 06 Dec 2023JP¥42.0tJP¥45.3tJP¥2.4t11.9x17.8x0.9x
Fri, 03 Nov 2023JP¥41.0tJP¥45.2tJP¥2.6t11.4x16.1x0.9x
Sun, 01 Oct 2023JP¥42.3tJP¥45.0tJP¥2.5t11.8x16.9x0.9x
Tue, 29 Aug 2023JP¥42.3tJP¥45.0tJP¥2.5t11.9x16.9x0.9x
Thu, 27 Jul 2023JP¥43.2tJP¥44.0tJP¥2.4t12.3x17.9x1x
Sat, 24 Jun 2023JP¥43.3tJP¥44.0tJP¥2.4t11.9x17.8x1x
Mon, 22 May 2023JP¥40.7tJP¥44.0tJP¥2.4t11.3x16.7x0.9x
Wed, 19 Apr 2023JP¥38.4tJP¥42.6tJP¥2.3t11.3x16.4x0.9x
Fri, 17 Mar 2023JP¥37.3tJP¥42.6tJP¥2.3t10.9x15.9x0.9x
Sun, 12 Feb 2023JP¥37.9tJP¥42.2tJP¥2.4t10.9x16x0.9x
Tue, 10 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 18.3x202420252026
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 1.1x 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-0.44%
Industrials0.0082%
Machinery0.18%
Construction Machinery and Vehicles0.21%
Industrial Machinery0.20%
Agricultural Machinery-0.18%
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 expect its future annual earnings growth (12.4%) 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 11.5x.
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¥6.08k1.7%
+JP¥93.3b		45.7%PE36.1x
6273 SMCJP¥54.46k1.5%
+JP¥51.2b		-12.4%PE21.9x
6506 YASKAWA ElectricJP¥4.76k2.0%
+JP¥24.6b		16.9%PE21.5x
6324 Harmonic Drive SystemsJP¥3.78k6.8%
+JP¥22.7b		13.0%PE77.1x
6301 KomatsuJP¥5.00k0.5%
+JP¥21.7b		14.9%PE10.9x

Latest News

6506
JP¥4,756.00
YASKAWA Electric
7D
2.0%
1Y
16.9%

YASKAWA Electric (TSE:6506) Has Some Way To Go To Become A Multi-Bagger

Jan 01
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6302
JP¥4,149.00
Sumitomo Heavy Industries
7D
-1.3%
1Y
27.9%

Sumitomo Heavy Industries, Ltd.'s (TSE:6302) Intrinsic Value Is Potentially 42% Above Its Share Price

Dec 30
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6273
JP¥54,460.00
SMC
7D
1.5%
1Y
-12.4%

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Dec 26
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6586
JP¥4,737.00
Makita
7D
0.7%
1Y
-2.2%

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Dec 26
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6481
JP¥4,007.00
THK
7D
-2.7%
1Y
8.9%
6301
JP¥5,000.00
Komatsu
7D
0.5%
1Y
14.9%
7013
JP¥2,754.50
IHI
7D
-1.6%
1Y
107.1%

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

Dec 23
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6324
JP¥3,780.00
Harmonic Drive Systems
7D
6.8%
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
1.7%
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
1.9%
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
6370
JP¥6,348.00
Kurita Water Industries
7D
-1.0%
1Y
14.5%

Kurita Water Industries (TSE:6370) Is Looking To Continue Growing Its Returns On Capital

Dec 22
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7011
JP¥3,840.00
Mitsubishi Heavy Industries
7D
-0.3%
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
-2.1%
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.
6465
JP¥5,213.00
Hoshizaki
7D
-1.0%
1Y
-16.8%

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Dec 18
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6201
JP¥17,800.00
Toyota Industries
7D
-0.3%
1Y
38.4%
6005
JP¥3,039.00
Miura
7D
3.7%
1Y
-23.6%

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