Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Japanese (NIKKEI) Machinery Industry Analysis

UpdatedAug 14, 2026
DataAggregated Company Financials
Companies245
  • 7D1.7%
  • 3M-0.5%
  • 1Y36.6%
  • YTD19.3%

Over the last 7 days, the Machinery industry has risen 1.7%, driven by gains from Mitsubishi Heavy Industries of 5.2%. This takes the industry's 12 month performance to a gain of 37%. Earnings are forecast to grow by 8.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Aug 2026JP¥76.1tJP¥46.5tJP¥3.6t13.4x20.9x1.6x
Sun, 12 Jul 2026JP¥75.5tJP¥45.1tJP¥3.2t14.9x23.3x1.7x
Tue, 09 Jun 2026JP¥71.6tJP¥45.1tJP¥3.2t13.9x22.1x1.6x
Thu, 07 May 2026JP¥80.6tJP¥49.2tJP¥3.2t14.7x24.9x1.6x
Sat, 04 Apr 2026JP¥76.1tJP¥49.4tJP¥3.2t14.3x23.8x1.5x
Mon, 02 Mar 2026JP¥87.6tJP¥49.9tJP¥3.2t15.6x27.2x1.8x
Wed, 28 Jan 2026JP¥74.8tJP¥49.0tJP¥3.1t13.7x24.4x1.5x
Fri, 26 Dec 2025JP¥66.8tJP¥49.0tJP¥3.1t12.6x21.7x1.4x
Sun, 23 Nov 2025JP¥64.0tJP¥49.0tJP¥3.1t12.3x20.8x1.3x
Tue, 21 Oct 2025JP¥64.7tJP¥49.0tJP¥2.7t13.5x23.6x1.3x
Thu, 18 Sep 2025JP¥60.4tJP¥49.0tJP¥2.7t13.5x22.1x1.2x
Sat, 16 Aug 2025JP¥61.4tJP¥49.0tJP¥2.7t13.1x22.5x1.3x
Mon, 14 Jul 2025JP¥55.1tJP¥49.0tJP¥2.8t12.2x19.4x1.1x
Wed, 11 Jun 2025JP¥54.9tJP¥49.0tJP¥2.8t11.6x19.3x1.1x
Fri, 09 May 2025JP¥51.2tJP¥48.6tJP¥2.9t11.3x17.6x1.1x
Sun, 06 Apr 2025JP¥45.8tJP¥48.4tJP¥2.8t10.6x16.1x0.9x
Tue, 04 Mar 2025JP¥49.9tJP¥48.4tJP¥2.8t11.7x17.5x1x
Thu, 30 Jan 2025JP¥51.3tJP¥47.9tJP¥2.8t12.2x18.3x1.1x
Sat, 28 Dec 2024JP¥50.8tJP¥47.9tJP¥2.8t12.5x18.3x1.1x
Mon, 25 Nov 2024JP¥49.5tJP¥47.9tJP¥2.8t12.3x17.8x1x
Wed, 23 Oct 2024JP¥47.5tJP¥47.2tJP¥2.9t11.9x16.4x1x
Fri, 20 Sep 2024JP¥44.8tJP¥47.2tJP¥2.9t11.9x15.4x0.9x
Sun, 18 Aug 2024JP¥48.5tJP¥47.2tJP¥2.9t11.6x16.7x1x
Tue, 16 Jul 2024JP¥53.1tJP¥46.3tJP¥2.8t13.4x19.2x1.1x
Thu, 13 Jun 2024JP¥50.5tJP¥46.3tJP¥2.8t13x18.3x1.1x
Sat, 11 May 2024JP¥51.8tJP¥46.1tJP¥2.7t12.8x19x1.1x
Mon, 08 Apr 2024JP¥50.3tJP¥45.7tJP¥2.6t12.4x19.4x1.1x
Wed, 06 Mar 2024JP¥50.9tJP¥45.7tJP¥2.6t12.3x19.7x1.1x
Fri, 02 Feb 2024JP¥45.3tJP¥45.3tJP¥2.4t12.6x19.2x1x
Sun, 31 Dec 2023JP¥42.9tJP¥45.3tJP¥2.4t12.2x18.1x0.9x
Tue, 28 Nov 2023JP¥43.1tJP¥45.3tJP¥2.4t11.8x18.2x0.9x
Thu, 26 Oct 2023JP¥40.4tJP¥45.0tJP¥2.5t11.4x16.1x0.9x
Sat, 23 Sep 2023JP¥43.6tJP¥45.0tJP¥2.5t12.1x17.4x1x
Mon, 21 Aug 2023JP¥41.1tJP¥45.0tJP¥2.5t11.6x16.4x0.9x
Price to Earnings Ratio

16.4x


Total Market Cap: JP¥41.1tTotal 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 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 Market2.71%
Industrials3.83%
Machinery1.73%
Agricultural Machinery2.27%
Industrial Machinery2.09%
Construction Machinery and Vehicles-0.47%
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 9.8%, which is lower than the prior year's growth of 22.5% 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 9.8% over the next 5 years.
  • However this is lower than its past earnings growth rate of 23% per year.
  • In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 2.2% 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¥4.25k5.2%
+JP¥705.7b		8.8%PE35x
7013 IHIJP¥3.03k10.3%
+JP¥300.6b		26.6%PE15.8x
6273 SMCJP¥76.43k3.0%
+JP¥140.8b		58.8%PE24x
5333 NGKJP¥5.93k5.0%
+JP¥79.6b		162.3%PE23.3x
6361 EbaraJP¥5.86k3.1%
+JP¥79.3b		81.0%PE33.7x

Latest News

6237
JP¥4,635.00
Iwaki
7D
-15.1%
1Y
83.3%
6141
JP¥3,303.00
DMG Mori
7D
-9.6%
1Y
-5.5%
6324
JP¥6,510.00
Harmonic Drive Systems
7D
-9.1%
1Y
151.5%
Analysis Article • Aug 11

Results: Harmonic Drive Systems Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Harmonic Drive Systems Inc. ( TSE:6324 ) just released its quarterly report and things are looking bullish. It was...
6273
JP¥76,430.00
SMC
7D
3.0%
1Y
58.8%
Analysis Article • Aug 11

SMC Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

SMC Corporation ( TSE:6273 ) just released its latest first-quarter results and things are looking bullish. It was a...
7012
JP¥2,849.50
Kawasaki Heavy Industries
7D
2.6%
1Y
41.1%
Narrative Update • Aug 11

7012: Aerospace And Defense Demand Will Drive Upside As 2027 Guidance Strengthens

Analysts have adjusted their price target for Kawasaki Heavy Industries slightly lower from ¥3,810 to about ¥3,728, reflecting updated assumptions around discount rates, revenue growth, profit margins, and future P/E multiples. What’s in the News for Kawasaki Heavy Industries Kawasaki Heavy Industries issued consolidated earnings guidance for the fiscal year ending March 31, 2027, including expected revenue of ¥2,560,000 million and business profit of ¥180,000 million.
7013
JP¥3,028.00
IHI
7D
10.3%
1Y
26.6%
Narrative Update • Aug 10

7013: Nuclear And Energy Technology Roadmap Will Drive Long Term Upside

Analysts have updated the IHI price target from ¥3,735 to about ¥3,556, reflecting slightly lower assumptions for revenue growth and profit margins, along with a modestly reduced future P/E multiple. What’s in the News for IHI IHI issued revised consolidated earnings guidance for the fiscal year ending March 31, 2027, with expected revenue of ¥1,840,000 million, operating profit of ¥250,000 million, profit attributable to owners of parent of ¥172,000 million, and basic earnings per share of ¥161.67.
6383
JP¥6,303.00
Daifuku
7D
2.1%
1Y
38.4%
Analysis Article • Aug 08

Daifuku Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Daifuku Co., Ltd. ( TSE:6383 ) just released its interim report and things are looking bullish. Daifuku beat earnings...
7011
JP¥4,254.00
Mitsubishi Heavy Industries
7D
5.2%
1Y
8.8%
Analysis Article • Aug 07

Mitsubishi Heavy Industries, Ltd. Just Recorded A 67% EPS Beat: Here's What Analysts Are Forecasting Next

As you might know, Mitsubishi Heavy Industries, Ltd. ( TSE:7011 ) just kicked off its latest quarterly results with...
6370
JP¥8,456.00
Kurita Water Industries
7D
-2.8%
1Y
59.2%
6508
JP¥12,370.00
Meidensha
7D
14.0%
1Y
106.2%
6301
JP¥7,302.00
Komatsu
7D
-0.6%
1Y
44.9%
6361
JP¥5,860.00
Ebara
7D
3.1%
1Y
81.0%
6954
JP¥6,435.00
Fanuc
7D
-1.5%
1Y
40.0%
Analysis Article • Aug 03

Analysts Are Updating Their Fanuc Corporation (TSE:6954) Estimates After Its First-Quarter Results

Last week, you might have seen that Fanuc Corporation ( TSE:6954 ) released its first-quarter result to the market. The...
5333
JP¥5,925.00
NGK
7D
5.0%
1Y
162.3%
Analysis Article • Aug 02

The NGK Corporation (TSE:5333) First-Quarter Results Are Out And Analysts Have Published New Forecasts

Shareholders might have noticed that NGK Corporation ( TSE:5333 ) filed its quarterly result this time last week. The...
6586
JP¥5,425.00
Makita
7D
-1.1%
1Y
3.0%
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...
6454
JP¥1,822.00
Max
7D
-3.9%
1Y
28.1%