Japanese (NIKKEI) Machinery Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 08 Aug 2026	JP¥74.5t	JP¥46.2t	JP¥3.6t	13.7x	20.9x	1.6x
Mon, 06 Jul 2026	JP¥77.5t	JP¥45.1t	JP¥3.2t	14.9x	23.9x	1.7x
Wed, 03 Jun 2026	JP¥78.8t	JP¥49.5t	JP¥3.5t	14.3x	22.7x	1.6x
Fri, 01 May 2026	JP¥80.9t	JP¥49.1t	JP¥3.2t	14.7x	25.2x	1.6x
Sun, 29 Mar 2026	JP¥75.7t	JP¥49.5t	JP¥3.2t	14.4x	23.7x	1.5x
Tue, 24 Feb 2026	JP¥85.3t	JP¥49.9t	JP¥3.2t	15.3x	26.5x	1.7x
Thu, 22 Jan 2026	JP¥76.4t	JP¥48.9t	JP¥3.1t	13.4x	25x	1.6x
Sat, 20 Dec 2025	JP¥66.1t	JP¥49.0t	JP¥3.1t	12.5x	21.5x	1.3x
Mon, 17 Nov 2025	JP¥66.9t	JP¥49.0t	JP¥3.1t	12.9x	21.8x	1.4x
Wed, 15 Oct 2025	JP¥62.8t	JP¥49.0t	JP¥2.7t	13x	23x	1.3x
Fri, 12 Sep 2025	JP¥60.9t	JP¥49.0t	JP¥2.7t	13.5x	22.3x	1.2x
Sun, 10 Aug 2025	JP¥61.1t	JP¥49.0t	JP¥2.7t	13.1x	22.4x	1.2x
Tue, 08 Jul 2025	JP¥55.1t	JP¥49.0t	JP¥2.8t	11.9x	19.4x	1.1x
Thu, 05 Jun 2025	JP¥55.2t	JP¥49.0t	JP¥2.8t	11.5x	19.4x	1.1x
Sat, 03 May 2025	JP¥50.7t	JP¥48.6t	JP¥2.9t	11.2x	17.4x	1x
Mon, 31 Mar 2025	JP¥52.2t	JP¥48.4t	JP¥2.8t	11.8x	18.3x	1.1x
Wed, 26 Feb 2025	JP¥49.9t	JP¥48.4t	JP¥2.8t	11.6x	17.5x	1x
Fri, 24 Jan 2025	JP¥51.2t	JP¥47.9t	JP¥2.8t	12.1x	18.3x	1.1x
Sun, 22 Dec 2024	JP¥49.0t	JP¥48.0t	JP¥2.8t	12.3x	17.6x	1x
Tue, 19 Nov 2024	JP¥49.2t	JP¥47.9t	JP¥2.8t	12.1x	17.6x	1x
Thu, 17 Oct 2024	JP¥49.0t	JP¥47.2t	JP¥2.9t	11.8x	16.9x	1x
Sat, 14 Sep 2024	JP¥44.7t	JP¥47.2t	JP¥2.9t	11.7x	15.3x	0.9x
Mon, 12 Aug 2024	JP¥44.3t	JP¥47.1t	JP¥2.9t	11.1x	15.3x	0.9x
Wed, 10 Jul 2024	JP¥53.9t	JP¥46.3t	JP¥2.8t	13.3x	19.5x	1.2x
Fri, 07 Jun 2024	JP¥49.9t	JP¥46.3t	JP¥2.8t	12.7x	18.1x	1.1x
Sun, 05 May 2024	JP¥51.8t	JP¥45.9t	JP¥2.7t	12.8x	19.2x	1.1x
Tue, 02 Apr 2024	JP¥50.9t	JP¥45.7t	JP¥2.6t	12.7x	19.7x	1.1x
Thu, 29 Feb 2024	JP¥49.7t	JP¥45.7t	JP¥2.6t	12.3x	19.2x	1.1x
Sat, 27 Jan 2024	JP¥45.2t	JP¥45.3t	JP¥2.4t	12.6x	19.2x	1x
Mon, 25 Dec 2023	JP¥42.3t	JP¥45.3t	JP¥2.4t	12.1x	17.9x	0.9x
Wed, 22 Nov 2023	JP¥42.8t	JP¥45.3t	JP¥2.4t	11.8x	18.1x	0.9x
Fri, 20 Oct 2023	JP¥40.9t	JP¥45.0t	JP¥2.5t	11.3x	16.3x	0.9x
Sun, 17 Sep 2023	JP¥44.6t	JP¥45.0t	JP¥2.5t	12.3x	17.8x	1x
Tue, 15 Aug 2023	JP¥42.0t	JP¥45.0t	JP¥2.5t	11.7x	16.8x	0.9x

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 13% 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	1.75%
Industrials	2.51%
Machinery	2.62%
Construction Machinery and Vehicles	3.34%
Industrial Machinery	2.58%
Agricultural Machinery	1.15%

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 10.0%, which is lower than the prior year's growth of 15.4% 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 3.1% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
7011 Mitsubishi Heavy Industries	JP¥4.04k	7.4% +JP¥941.2b	4.4%	PE33.2x
6301 Komatsu	JP¥7.35k	5.1% +JP¥316.5b	48.9%	PE17.2x
6273 SMC	JP¥74.19k	5.3% +JP¥233.2b	48.4%	PE27.9x
6506 YASKAWA Electric	JP¥5.27k	8.2% +JP¥103.5b	68.8%	PE40.5x
6383 Daifuku	JP¥6.18k	3.2% +JP¥98.8b	36.5%	PE27.5x

Daifuku Co., Ltd. Upward Revises Consolidated Earnings Forecast for the Fiscal Year Ending December 31, 2026

Daifuku Co., Ltd. upward revised consolidated earnings forecast for the fiscal year ending December 31, 2026. For the year, the company expects net sales of JPY 735,000 million, operating income of JPY 113,000 million, net income attributable to shareholders of the parent company of JPY 86,500 million and net income per share of JPY 233.55 compared to previous guidance of net sales of JPY 700,000 million, operating income of JPY 105,000 million, net income attributable to shareholders of the parent company of JPY 80,000 million and net income per share of JPY 217.57. The sales forecast was revised upward, reflecting smooth progress in projects for cleanroom systems for the semiconductor sector underpinned by the order backlog at the end of the previous fiscal year, as well as earlier-than-expected revenue recognition for certain projects. All profit forecasts were revised upward, reflecting higher sales as well as improved profitability driven by progress in production efficiency initiatives and improvements in project management. Regarding orders, the full-year orders forecast was revised upward from JPY 780,000 million to JPY 820,000 million to JPY 860,000 million to JPY 900,000 million, reflecting the favorable order environment. In addition, the exchange rate assumption for the fiscal year ending December 31, 2026 has been revised from the initial assumption of JPY 150 to the U.S. dollar to JPY 158 to the U.S. dollar. In terms of its impact on the full-year consolidated earnings forecast, this revision to the exchange rate assumption is expected to increase orders by JPY 30.0 billion, net sales by JPY 24.0 billion, and operating income by JPY 4.0 billion . The Company regards the return of profits to shareholders as one of its most important management tasks and adopts a performance-based policy regarding cash dividends based on consolidated net income. In addition, in the four-year business plan for 2027 that started in April 2024, the Company aims to achieve a consolidated dividend payout ratio of 35% or more for each fiscal year.

Japanese (NIKKEI) Machinery Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

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