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Japanese (NIKKEI) Machinery Industry Analysis

UpdatedJun 11, 2026
DataAggregated Company Financials
Companies247
  • 7D-5.7%
  • 3M-5.2%
  • 1Y43.3%
  • YTD10.4%

Over the last 7 days, the Machinery industry has dropped 5.7%, driven by Fanuc declining 13%. Over the past 12 months, the industry was up 43%. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 11 Jun 2026JP¥70.5tJP¥45.1tJP¥3.2t14x21.7x1.6x
Sat, 09 May 2026JP¥84.2tJP¥49.2tJP¥3.2t15.1x26x1.7x
Mon, 06 Apr 2026JP¥76.1tJP¥49.4tJP¥3.2t14.3x23.8x1.5x
Wed, 04 Mar 2026JP¥84.3tJP¥49.9tJP¥3.2t15.4x26.2x1.7x
Fri, 30 Jan 2026JP¥74.3tJP¥48.9tJP¥3.1t13.5x24.3x1.5x
Sun, 28 Dec 2025JP¥66.5tJP¥49.0tJP¥3.1t12.6x21.6x1.4x
Tue, 25 Nov 2025JP¥64.0tJP¥49.0tJP¥3.1t12.3x20.8x1.3x
Thu, 23 Oct 2025JP¥67.1tJP¥49.0tJP¥2.7t13.5x24.5x1.4x
Sat, 20 Sep 2025JP¥60.6tJP¥49.0tJP¥2.7t13.8x22.2x1.2x
Mon, 18 Aug 2025JP¥61.4tJP¥49.0tJP¥2.7t13.1x22.5x1.3x
Wed, 16 Jul 2025JP¥55.6tJP¥49.0tJP¥2.8t12.3x19.5x1.1x
Fri, 13 Jun 2025JP¥55.0tJP¥49.0tJP¥2.8t11.8x19.3x1.1x
Sun, 11 May 2025JP¥51.2tJP¥48.8tJP¥2.9t11.2x17.9x1x
Tue, 08 Apr 2025JP¥41.2tJP¥48.4tJP¥2.8t9.6x14.5x0.9x
Thu, 06 Mar 2025JP¥50.5tJP¥48.4tJP¥2.8t11.7x17.8x1x
Sat, 01 Feb 2025JP¥51.7tJP¥48.0tJP¥2.8t12.2x18.5x1.1x
Mon, 30 Dec 2024JP¥50.8tJP¥47.9tJP¥2.8t12.5x18.3x1.1x
Wed, 27 Nov 2024JP¥49.2tJP¥47.9tJP¥2.8t12.2x17.7x1x
Fri, 25 Oct 2024JP¥47.4tJP¥47.3tJP¥2.9t11.9x16.3x1x
Sun, 22 Sep 2024JP¥46.5tJP¥47.2tJP¥2.9t12.2x16x1x
Tue, 20 Aug 2024JP¥47.1tJP¥47.2tJP¥2.9t11.4x16.2x1x
Thu, 18 Jul 2024JP¥54.8tJP¥46.3tJP¥2.8t13.4x19.8x1.2x
Sat, 15 Jun 2024JP¥50.7tJP¥46.3tJP¥2.8t13x18.3x1.1x
Mon, 13 May 2024JP¥52.1tJP¥46.3tJP¥2.8t12.9x18.8x1.1x
Wed, 10 Apr 2024JP¥51.7tJP¥45.7tJP¥2.6t12.7x20x1.1x
Fri, 08 Mar 2024JP¥51.1tJP¥45.7tJP¥2.6t12.6x19.7x1.1x
Sun, 04 Feb 2024JP¥45.7tJP¥45.4tJP¥2.4t12.6x19x1x
Tue, 02 Jan 2024JP¥42.9tJP¥45.3tJP¥2.4t12.2x18.1x0.9x
Thu, 30 Nov 2023JP¥42.9tJP¥45.3tJP¥2.4t11.8x18.1x0.9x
Sat, 28 Oct 2023JP¥40.2tJP¥45.0tJP¥2.5t11.3x16x0.9x
Mon, 25 Sep 2023JP¥43.6tJP¥45.0tJP¥2.5t12.1x17.4x1x
Wed, 23 Aug 2023JP¥41.0tJP¥45.0tJP¥2.5t11.6x16.4x0.9x
Fri, 21 Jul 2023JP¥42.5tJP¥44.0tJP¥2.4t12.2x17.5x1x
Sun, 18 Jun 2023JP¥44.3tJP¥44.0tJP¥2.4t11.9x18.2x1x
Price to Earnings Ratio

18.2x


Total Market Cap: JP¥44.3tTotal Earnings: JP¥2.4tTotal Revenue: JP¥44.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Machinery Industry Price to Earnings3Y Average 19.5x202420252026
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 19.5x.
  • The 3-year average PS ratio of 1.2x 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 10% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Japanese Industrials industry?

JP Market-3.75%
Industrials-4.12%
Machinery-5.67%
Industrial Machinery-5.52%
Agricultural Machinery-6.02%
Construction Machinery and Vehicles-6.42%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 22.5x.
    • Analysts are expecting annual earnings growth of 10.8%, which is lower than the prior year's growth of 12.9% per year.
  • Investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading close to its 3-year average of 15.3x.
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 6.9% 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
6586 MakitaJP¥5.48k2.0%
+JP¥28.1b		25.3%PE17.8x
6376 NikkisoJP¥3.57k11.7%
+JP¥24.5b		200.8%PE16x
6278 Union ToolJP¥23.99k5.7%
+JP¥22.5b		409.3%PE56.6x
6465 HoshizakiJP¥5.22k2.6%
+JP¥18.4b		-2.0%PE19x
6101 TsugamiJP¥6.65k5.2%
+JP¥15.3b		258.9%PE18.5x

Latest News

6506
JP¥6,015.00
YASKAWA Electric
7D
-13.4%
1Y
83.6%
6954
JP¥6,757.00
Fanuc
7D
-13.4%
1Y
77.3%
6479
JP¥4,310.00
MINEBEA MITSUMI
7D
-13.2%
1Y
108.2%
Narrative Update • Jun 07

6479: Earnings Outlook And Governance Changes Will Support Balanced Future Returns

Analysts now estimate fair value for MINEBEA MITSUMI at approximately ¥5,284, up from ¥4,450. This reflects updated assumptions that include a slightly lower discount rate, modestly adjusted revenue growth and profit margin expectations, and a higher future P/E multiple.
6301
JP¥6,398.00
Komatsu
7D
-8.0%
1Y
44.5%
Narrative Update • Jun 06

6301: Ongoing Buybacks And Dividend Reset Will Shape Future Shareholder Returns

Komatsu's analyst price target has shifted slightly from ¥6,422.50 to ¥6,372.50 as analysts adjust their models for modest changes in forecast revenue growth, profit margins and future P/E assumptions. What's in the News Komatsu has repurchased 6,541,800 shares between May 1 and May 31, 2026, bringing total buybacks under its current mandate to 7,611,800 shares at a cost of about ¥48.9b, as part of an authorization of up to 25,000,000 shares or ¥100b through September 30, 2026 (The Globe and Mail).
7013
JP¥2,374.00
IHI
7D
-6.5%
1Y
10.7%
6465
JP¥5,217.00
Hoshizaki
7D
2.6%
1Y
-2.0%
6013
JP¥3,445.00
Takuma
7D
6.2%
1Y
72.7%
7011
JP¥3,481.00
Mitsubishi Heavy Industries
7D
-5.9%
1Y
1.3%
Narrative Update • Jun 03

7011: Fair Outlook Will Balance Earnings Upside And Conviction List Removal

Analysts have nudged their fair value estimate for Mitsubishi Heavy Industries from ¥3,550.06 to ¥3,691.73, reflecting updated assumptions on revenue growth, profit margins, discount rates and future P/E, alongside recent Street research that includes the stock being removed from Goldman Sachs’ APAC Conviction List. What's in the News A board meeting is scheduled for May 12, 2026, with an agenda item to consider the Notice Concerning Dividends of Surplus.
6273
JP¥61,910.00
SMC
7D
-4.9%
1Y
16.4%
5982
JP¥3,780.00
Maruzen
7D
10.7%
1Y
5.3%
6376
JP¥3,570.00
Nikkiso
7D
11.7%
1Y
200.8%
6226
JP¥2,181.00
Moriya Transportation Engineering and ManufacturingLtd
7D
5.5%
1Y
19.2%
6278
JP¥23,990.00
Union Tool
7D
5.7%
1Y
409.3%
6101
JP¥6,650.00
Tsugami
7D
5.2%
1Y
258.9%
6326
JP¥2,706.50
Kubota
7D
-7.0%
1Y
68.2%
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¥5,480.00
Makita
7D
2.0%
1Y
25.3%
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...