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Japanese (NIKKEI) Machinery Industry Analysis

UpdatedAug 07, 2026
DataAggregated Company Financials
Companies245
  • 7D6.5%
  • 3M-4.3%
  • 1Y35.5%
  • YTD17.2%

In the last week, the Machinery industry is up 6.5%, with Mitsubishi Heavy Industries up 7.2%. Meanwhile, Fanuc actually underperformed within the industry, shrinking 8.5% in the last week. This means that the industry has gained 35% over the past year. Earnings are forecast to grow by 9.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 07 Aug 2026JP¥74.8tJP¥46.1tJP¥3.5t14x21.1x1.6x
Sun, 05 Jul 2026JP¥77.5tJP¥45.1tJP¥3.2t14.9x23.9x1.7x
Tue, 02 Jun 2026JP¥82.0tJP¥49.5tJP¥3.5t14.5x23.6x1.7x
Thu, 30 Apr 2026JP¥82.1tJP¥49.8tJP¥3.2t14.9x25.6x1.6x
Sat, 28 Mar 2026JP¥75.6tJP¥49.5tJP¥3.2t14.4x23.7x1.5x
Mon, 23 Feb 2026JP¥85.3tJP¥49.9tJP¥3.2t15.3x26.5x1.7x
Wed, 21 Jan 2026JP¥76.5tJP¥48.9tJP¥3.1t13.4x25x1.6x
Fri, 19 Dec 2025JP¥65.5tJP¥49.0tJP¥3.1t12.3x21.3x1.3x
Sun, 16 Nov 2025JP¥66.9tJP¥49.0tJP¥3.1t13x21.8x1.4x
Tue, 14 Oct 2025JP¥64.3tJP¥49.0tJP¥2.7t13x23.5x1.3x
Thu, 11 Sep 2025JP¥60.4tJP¥49.0tJP¥2.7t13.4x22.1x1.2x
Sat, 09 Aug 2025JP¥61.1tJP¥48.9tJP¥2.7t12.8x22.3x1.2x
Mon, 07 Jul 2025JP¥55.8tJP¥49.0tJP¥2.8t11.9x19.6x1.1x
Wed, 04 Jun 2025JP¥55.4tJP¥49.0tJP¥2.8t11.5x19.4x1.1x
Fri, 02 May 2025JP¥50.6tJP¥48.6tJP¥2.9t11.2x17.3x1x
Sun, 30 Mar 2025JP¥52.2tJP¥48.4tJP¥2.8t11.8x18.3x1.1x
Tue, 25 Feb 2025JP¥50.5tJP¥48.4tJP¥2.8t11.6x17.7x1x
Thu, 23 Jan 2025JP¥50.5tJP¥47.9tJP¥2.8t12.1x18.1x1.1x
Sat, 21 Dec 2024JP¥49.0tJP¥48.0tJP¥2.8t12.3x17.6x1x
Mon, 18 Nov 2024JP¥49.8tJP¥47.9tJP¥2.8t11.8x17.8x1x
Wed, 16 Oct 2024JP¥49.6tJP¥47.2tJP¥2.9t12.1x17.1x1.1x
Fri, 13 Sep 2024JP¥44.7tJP¥47.2tJP¥2.9t11.8x15.4x0.9x
Sun, 11 Aug 2024JP¥44.3tJP¥47.1tJP¥2.9t11.1x15.4x0.9x
Tue, 09 Jul 2024JP¥53.9tJP¥46.3tJP¥2.8t13.3x19.5x1.2x
Thu, 06 Jun 2024JP¥49.8tJP¥46.3tJP¥2.8t12.6x18x1.1x
Sat, 04 May 2024JP¥51.8tJP¥45.9tJP¥2.7t12.8x19.2x1.1x
Mon, 01 Apr 2024JP¥51.6tJP¥45.7tJP¥2.6t12.7x19.9x1.1x
Wed, 28 Feb 2024JP¥49.6tJP¥45.7tJP¥2.6t12.3x19.2x1.1x
Fri, 26 Jan 2024JP¥45.6tJP¥45.3tJP¥2.4t12.7x19.4x1x
Sun, 24 Dec 2023JP¥42.3tJP¥45.3tJP¥2.4t12.1x17.9x0.9x
Tue, 21 Nov 2023JP¥42.9tJP¥45.3tJP¥2.4t11.9x18.1x0.9x
Thu, 19 Oct 2023JP¥41.8tJP¥45.0tJP¥2.5t11.5x16.7x0.9x
Sat, 16 Sep 2023JP¥43.9tJP¥45.0tJP¥2.5t12.2x17.5x1x
Mon, 14 Aug 2023JP¥42.8tJP¥45.0tJP¥2.5t11.9x17.1x1x
Price to Earnings Ratio

17.1x


Total Market Cap: JP¥42.8tTotal Earnings: JP¥2.5tTotal Revenue: JP¥45.0tTotal 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 12% 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 Market2.77%
Industrials2.78%
Machinery6.52%
Industrial Machinery7.78%
Construction Machinery and Vehicles2.73%
Agricultural Machinery-3.05%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 22.9x.
    • Analysts are expecting annual earnings growth of 10.2%, which is lower than the prior year's growth of 15.1% per year.
  • Investors are most pessimistic about the Agricultural Machinery industry, which is trading close to its 3-year average of 11.8x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 10% over the next 5 years.
  • However this is lower than its past earnings growth rate of 15% per year.
  • In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 3.0% 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¥4.04k7.2%
+JP¥914.3b
4.2%PE33.2x
6301 KomatsuJP¥7.32k4.7%
+JP¥290.6b
48.3%PE17.1x
6273 SMCJP¥73.25k3.9%
+JP¥174.1b
46.5%PE27.5x
6506 YASKAWA ElectricJP¥5.30k8.8%
+JP¥111.5b
69.8%PE40.7x
6324 Harmonic Drive SystemsJP¥7.18k16.9%
+JP¥98.5b
183.8%PE422.7x

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