Analysis Article • Aug 08
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Japanese (NIKKEI) Machinery Industry Analysis
UpdatedAug 09, 2026
DataAggregated Company Financials
Companies245
- 7D2.6%
- 3M-4.6%
- 1Y33.8%
- YTD16.8%
In the last week, the Machinery industry is up 2.6%, with Mitsubishi Heavy Industries up 7.4%. In the same time, Fanuc was down 8.4%. In the last 12 months, the industry was up 34%. As for the next few years, earnings are expected to grow by 8.8% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 09 Aug 2026 | JP¥74.5t | JP¥46.4t | JP¥3.6t | 13.4x | 20.6x | 1.6x |
| Tue, 07 Jul 2026 | JP¥79.2t | JP¥45.1t | JP¥3.2t | 15x | 24.4x | 1.8x |
| Thu, 04 Jun 2026 | JP¥80.8t | JP¥49.5t | JP¥3.5t | 14.3x | 23.3x | 1.6x |
| Sat, 02 May 2026 | JP¥80.6t | JP¥49.2t | JP¥3.2t | 14.7x | 24.9x | 1.6x |
| Mon, 30 Mar 2026 | JP¥73.2t | JP¥49.5t | JP¥3.2t | 14.1x | 22.9x | 1.5x |
| Wed, 25 Feb 2026 | JP¥85.1t | JP¥49.9t | JP¥3.2t | 15.5x | 26.4x | 1.7x |
| Fri, 23 Jan 2026 | JP¥76.0t | JP¥48.9t | JP¥3.1t | 13.6x | 24.9x | 1.6x |
| Sun, 21 Dec 2025 | JP¥66.1t | JP¥49.0t | JP¥3.1t | 12.5x | 21.5x | 1.3x |
| Tue, 18 Nov 2025 | JP¥66.9t | JP¥49.0t | JP¥3.1t | 12.8x | 21.8x | 1.4x |
| Thu, 16 Oct 2025 | JP¥64.7t | JP¥49.0t | JP¥2.7t | 13.2x | 23.7x | 1.3x |
| Sat, 13 Sep 2025 | JP¥61.0t | JP¥49.0t | JP¥2.7t | 13.5x | 22.3x | 1.2x |
| Mon, 11 Aug 2025 | JP¥60.9t | JP¥49.0t | JP¥2.7t | 12.8x | 22.3x | 1.2x |
| Wed, 09 Jul 2025 | JP¥55.4t | JP¥49.0t | JP¥2.8t | 12x | 19.4x | 1.1x |
| Fri, 06 Jun 2025 | JP¥54.5t | JP¥49.0t | JP¥2.8t | 11.6x | 19.1x | 1.1x |
| Sun, 04 May 2025 | JP¥50.7t | JP¥48.6t | JP¥2.9t | 11.2x | 17.4x | 1x |
| Tue, 01 Apr 2025 | JP¥50.1t | JP¥48.4t | JP¥2.8t | 11.5x | 17.6x | 1x |
| Thu, 27 Feb 2025 | JP¥49.8t | JP¥48.4t | JP¥2.8t | 11.7x | 17.5x | 1x |
| Sat, 25 Jan 2025 | JP¥51.5t | JP¥47.9t | JP¥2.8t | 12.2x | 18.4x | 1.1x |
| Mon, 23 Dec 2024 | JP¥49.0t | JP¥48.0t | JP¥2.8t | 12.3x | 17.6x | 1x |
| Wed, 20 Nov 2024 | JP¥49.7t | JP¥47.9t | JP¥2.8t | 12x | 17.8x | 1x |
| Fri, 18 Oct 2024 | JP¥48.8t | JP¥47.2t | JP¥2.9t | 11.8x | 16.8x | 1x |
| Sun, 15 Sep 2024 | JP¥44.7t | JP¥47.2t | JP¥2.9t | 11.8x | 15.3x | 0.9x |
| Tue, 13 Aug 2024 | JP¥44.3t | JP¥47.1t | JP¥2.9t | 11.2x | 15.3x | 0.9x |
| Thu, 11 Jul 2024 | JP¥53.0t | JP¥46.3t | JP¥2.8t | 13.4x | 19.2x | 1.1x |
| Sat, 08 Jun 2024 | JP¥49.7t | JP¥46.3t | JP¥2.8t | 12.8x | 18x | 1.1x |
| Mon, 06 May 2024 | JP¥51.8t | JP¥45.9t | JP¥2.7t | 12.8x | 19.2x | 1.1x |
| Wed, 03 Apr 2024 | JP¥50.7t | JP¥45.7t | JP¥2.6t | 12.5x | 19.6x | 1.1x |
| Fri, 01 Mar 2024 | JP¥49.5t | JP¥45.7t | JP¥2.6t | 12.2x | 19.1x | 1.1x |
| Sun, 28 Jan 2024 | JP¥45.2t | JP¥45.3t | JP¥2.4t | 12.6x | 19.2x | 1x |
| Tue, 26 Dec 2023 | JP¥42.4t | JP¥45.3t | JP¥2.4t | 12x | 17.9x | 0.9x |
| Thu, 23 Nov 2023 | JP¥43.0t | JP¥45.3t | JP¥2.4t | 11.9x | 18.2x | 0.9x |
| Sat, 21 Oct 2023 | JP¥40.6t | JP¥45.0t | JP¥2.5t | 11.3x | 16.2x | 0.9x |
| Mon, 18 Sep 2023 | JP¥44.6t | JP¥45.0t | JP¥2.5t | 12.3x | 17.8x | 1x |
| Wed, 16 Aug 2023 | JP¥42.2t | JP¥45.0t | JP¥2.5t | 11.9x | 16.9x | 0.9x |
Price to Earnings Ratio
16.9x
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 9.7%, which is lower than the prior year's growth of 19.4% per year.
- Investors are most pessimistic about the Agricultural Machinery industry, which is trading close to its 3-year average of 11.7x.
Forecasted Growth
- Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 9.7% over the next 5 years.
- However this is lower than its past earnings growth rate of 19% per year.
- In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 2.3% 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% | PE23.3x | |
| 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 |