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Japanese (NIKKEI) Machinery Industry Analysis

UpdatedAug 05, 2026
DataAggregated Company Financials
Companies245
  • 7D4.4%
  • 3M-1.1%
  • 1Y35.5%
  • YTD15.5%

Over the last 7 days, the Machinery industry has dropped 3.7%, driven by pullbacks in Kubota and Fanuc of 5.9% and 2.9%, respectively. Meanwhile, Mitsubishi Heavy Industries actually outperformed within the industry, gaining 7.5% in the last week. Over the past 12 months, the industry was up 34%. As for the next few years, earnings are expected to grow by 10% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 05 Aug 2026JP¥73.6tJP¥45.6tJP¥3.3t13.7x22.1x1.6x
Fri, 03 Jul 2026JP¥75.6tJP¥45.1tJP¥3.2t14.8x23.3x1.7x
Sun, 31 May 2026JP¥82.0tJP¥49.5tJP¥3.5t14.5x23.6x1.7x
Tue, 28 Apr 2026JP¥81.4tJP¥49.5tJP¥3.2t14.7x25.4x1.6x
Thu, 26 Mar 2026JP¥76.6tJP¥49.8tJP¥3.2t14.5x23.8x1.5x
Sat, 21 Feb 2026JP¥85.3tJP¥49.9tJP¥3.2t15.3x26.5x1.7x
Mon, 19 Jan 2026JP¥76.7tJP¥48.9tJP¥3.1t13.8x25.1x1.6x
Wed, 17 Dec 2025JP¥66.7tJP¥49.0tJP¥3.1t12.4x21.7x1.4x
Fri, 14 Nov 2025JP¥68.2tJP¥49.3tJP¥3.0t13.5x22.4x1.4x
Sun, 12 Oct 2025JP¥64.3tJP¥49.0tJP¥2.7t13x23.5x1.3x
Tue, 09 Sep 2025JP¥60.7tJP¥49.0tJP¥2.7t13.4x22.2x1.2x
Thu, 07 Aug 2025JP¥60.6tJP¥48.9tJP¥2.8t13x21.6x1.2x
Sat, 05 Jul 2025JP¥55.8tJP¥49.0tJP¥2.9t11.9x19.6x1.1x
Mon, 02 Jun 2025JP¥55.4tJP¥49.0tJP¥2.8t11.5x19.4x1.1x
Wed, 30 Apr 2025JP¥50.1tJP¥48.6tJP¥2.9t11.2x17.2x1x
Fri, 28 Mar 2025JP¥53.6tJP¥48.4tJP¥2.8t11.9x18.8x1.1x
Sun, 23 Feb 2025JP¥50.5tJP¥48.4tJP¥2.8t11.6x17.7x1x
Tue, 21 Jan 2025JP¥50.0tJP¥47.9tJP¥2.8t12.1x17.9x1x
Thu, 19 Dec 2024JP¥49.1tJP¥47.8tJP¥2.8t12.3x17.7x1x
Sat, 16 Nov 2024JP¥49.8tJP¥47.9tJP¥2.8t12x17.8x1x
Mon, 14 Oct 2024JP¥49.4tJP¥47.2tJP¥2.9t12.1x17x1x
Wed, 11 Sep 2024JP¥44.1tJP¥47.2tJP¥2.9t11.5x15.1x0.9x
Fri, 09 Aug 2024JP¥44.0tJP¥47.1tJP¥2.9t11.1x15.3x0.9x
Sun, 07 Jul 2024JP¥54.1tJP¥46.3tJP¥2.8t13.4x19.5x1.2x
Tue, 04 Jun 2024JP¥51.3tJP¥46.3tJP¥2.8t12.9x18.6x1.1x
Thu, 02 May 2024JP¥51.8tJP¥45.9tJP¥2.7t12.8x19.2x1.1x
Sat, 30 Mar 2024JP¥51.6tJP¥45.7tJP¥2.6t12.8x19.9x1.1x
Mon, 26 Feb 2024JP¥48.3tJP¥45.7tJP¥2.6t12.1x18.6x1.1x
Wed, 24 Jan 2024JP¥45.9tJP¥45.3tJP¥2.4t12.7x19.4x1x
Fri, 22 Dec 2023JP¥42.4tJP¥45.3tJP¥2.4t12.1x17.9x0.9x
Sun, 19 Nov 2023JP¥42.9tJP¥45.3tJP¥2.4t11.7x18.1x0.9x
Tue, 17 Oct 2023JP¥42.6tJP¥45.0tJP¥2.5t11.8x17x0.9x
Thu, 14 Sep 2023JP¥43.6tJP¥45.0tJP¥2.5t12.1x17.4x1x
Sat, 12 Aug 2023JP¥42.8tJP¥44.9tJP¥2.5t11.9x17.1x1x
Price to Earnings Ratio

17.1x


Total Market Cap: JP¥42.8tTotal Earnings: JP¥2.5tTotal Revenue: JP¥44.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Machinery Industry Price to Earnings3Y Average 19.8x202420252026
Current Industry PE
  • Investors are relatively neutral on the Japanese Machinery industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 19.8x.
  • 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 Market0.13%
Industrials1.45%
Machinery4.44%
Industrial Machinery5.89%
Construction Machinery and Vehicles-0.58%
Agricultural Machinery-5.29%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 22.8x.
    • Analysts are expecting annual earnings growth of 11.0%, which is lower than the prior year's growth of 16.1% per year.
  • Investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading below its 3-year average of 15.2x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 11% over the next 5 years.
  • However this is lower than its past earnings growth rate of 16% per year.
  • In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 6.6% 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
7011 Mitsubishi Heavy IndustriesJP¥4.00k6.9%
+JP¥870.6b		1.8%PE33.2x
6273 SMCJP¥75.93k16.9%
+JP¥691.6b		47.4%PE28.5x
6361 EbaraJP¥6.03k23.7%
+JP¥526.0b		110.1%PE34.7x
6479 MINEBEA MITSUMIJP¥4.10k15.6%
+JP¥222.5b		68.0%PE16.6x
5333 NGKJP¥5.94k14.6%
+JP¥213.3b		181.0%PE23.4x

Latest News

6479
JP¥4,099.00
MINEBEA MITSUMI
7D
15.6%
1Y
68.0%
6361
JP¥6,025.00
Ebara
7D
23.7%
1Y
110.1%
6326
JP¥2,613.00
Kubota
7D
-7.3%
1Y
51.0%
6273
JP¥75,930.00
SMC
7D
16.9%
1Y
47.4%
7011
JP¥3,999.00
Mitsubishi Heavy Industries
7D
6.9%
1Y
1.8%
6506
JP¥5,372.00
YASKAWA Electric
7D
16.1%
1Y
73.7%
7003
JP¥4,223.00
MITSUI E&S
7D
-8.5%
1Y
20.5%
5333
JP¥5,938.00
NGK
7D
14.6%
1Y
181.0%
Analysis Article • Aug 02

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6305
JP¥5,477.00
Hitachi Construction Machinery
7D
-2.4%
1Y
22.2%
Analysis Article • Aug 02

Hitachi Construction Machinery Co., Ltd. Just Beat EPS By 91%: Here's What Analysts Think Will Happen Next

Hitachi Construction Machinery Co., Ltd. ( TSE:6305 ) last week reported its latest first-quarter results, which makes...
6301
JP¥7,147.00
Komatsu
7D
-1.6%
1Y
48.4%
Analysis Article • Aug 01

Earnings Beat: Komatsu Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Komatsu Ltd. ( TSE:6301 ) just released its quarterly report and things are looking bullish. Komatsu beat earnings...
6586
JP¥5,441.00
Makita
7D
-7.7%
1Y
12.1%
Analysis Article • Jul 31

Makita Corporation Just Beat EPS By 11%: Here's What Analysts Think Will Happen Next

Makita Corporation ( TSE:6586 ) shareholders are probably feeling a little disappointed, since its shares fell 7.8% to...
6383
JP¥6,267.00
Daifuku
7D
8.9%
1Y
59.8%
543A
JP¥267.00
ARCHION
7D
-4.6%
1Y
-26.9%
7012
JP¥2,910.50
Kawasaki Heavy Industries
7D
8.8%
1Y
31.1%
Narrative Update • Jul 28

7012: Downgrade And Capital Plans Will Shape Balanced Future Risk Reward

Analysts have trimmed their fair value estimate for Kawasaki Heavy Industries from about ¥3,000 to roughly ¥2,656. This reflects updated assumptions on future P/E, profitability and growth following recent research that highlighted mixed segment performance and a more balanced near term risk and reward profile.
7013
JP¥2,706.00
IHI
7D
-1.8%
1Y
10.5%
Narrative Update • Jul 27

7013: Energy Transition And Nuclear Focus Will Drive Long Term Upside

Analysts have adjusted the IHI price target from ¥3,910.91 to ¥3,735.00, reflecting updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What’s in the News for IHI IHI plans an analyst and investor day focused on its technology strategy, nuclear energy business and LCB within the Energy segment, bridge business, and other business topics, providing more detail on its long term priorities.
6465
JP¥5,616.00
Hoshizaki
7D
-3.9%
1Y
9.3%