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Japanese (NIKKEI) Machinery Industry Analysis

UpdatedJul 16, 2024
DataAggregated Company Financials
Companies261
  • 7D-1.5%
  • 3M5.4%
  • 1Y27.3%
  • YTD24.0%

Over the last 7 days, the Machinery industry has dropped 1.5%, driven by Mitsubishi Heavy Industries declining 3.2%. In contrast, Makita has gained 6.2%. In the past year, the industry has gained 27%. 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, 17 Jul 2024JP¥53.1tJP¥46.3tJP¥2.8t13.4x19.2x1.1x
Fri, 14 Jun 2024JP¥50.2tJP¥46.3tJP¥2.8t12.8x18.2x1.1x
Sun, 12 May 2024JP¥52.2tJP¥46.2tJP¥2.8t13x18.8x1.1x
Tue, 09 Apr 2024JP¥50.8tJP¥45.7tJP¥2.6t12.5x19.6x1.1x
Thu, 07 Mar 2024JP¥51.4tJP¥45.7tJP¥2.6t12.6x19.8x1.1x
Sat, 03 Feb 2024JP¥45.7tJP¥45.4tJP¥2.4t12.6x19.1x1x
Mon, 01 Jan 2024JP¥42.9tJP¥45.3tJP¥2.4t12.2x18.1x0.9x
Wed, 29 Nov 2023JP¥42.8tJP¥45.3tJP¥2.4t11.8x18.1x0.9x
Fri, 27 Oct 2023JP¥39.7tJP¥45.0tJP¥2.5t11.2x15.8x0.9x
Sun, 24 Sep 2023JP¥43.6tJP¥45.0tJP¥2.5t12.1x17.4x1x
Tue, 22 Aug 2023JP¥41.1tJP¥45.0tJP¥2.5t11.5x16.4x0.9x
Thu, 20 Jul 2023JP¥43.1tJP¥44.0tJP¥2.4t12.2x17.8x1x
Sat, 17 Jun 2023JP¥44.3tJP¥44.0tJP¥2.4t11.9x18.2x1x
Mon, 15 May 2023JP¥39.1tJP¥43.6tJP¥2.4t11.5x16.6x0.9x
Wed, 12 Apr 2023JP¥37.5tJP¥42.6tJP¥2.3t11x16x0.9x
Fri, 10 Mar 2023JP¥40.4tJP¥42.6tJP¥2.3t11.6x17.3x0.9x
Sun, 05 Feb 2023JP¥37.3tJP¥41.9tJP¥2.4t10.6x15.6x0.9x
Tue, 03 Jan 2023JP¥34.3tJP¥41.1tJP¥2.4t10.2x14.2x0.8x
Thu, 01 Dec 2022JP¥36.8tJP¥41.1tJP¥2.4t10.4x15.2x0.9x
Sat, 29 Oct 2022JP¥34.7tJP¥39.6tJP¥2.2t10.4x15.5x0.9x
Mon, 26 Sep 2022JP¥35.9tJP¥39.4tJP¥2.2t10.5x16x0.9x
Wed, 24 Aug 2022JP¥37.4tJP¥39.4tJP¥2.2t10.8x16.7x0.9x
Fri, 22 Jul 2022JP¥37.4tJP¥38.5tJP¥2.2t10.9x17.2x1x
Sun, 19 Jun 2022JP¥35.8tJP¥38.5tJP¥2.2t11x16.5x0.9x
Tue, 17 May 2022JP¥35.8tJP¥38.4tJP¥2.2t11.1x16.3x0.9x
Thu, 14 Apr 2022JP¥35.5tJP¥37.7tJP¥2.2t11.4x16.4x0.9x
Sat, 12 Mar 2022JP¥34.2tJP¥37.7tJP¥2.2t11.1x15.8x0.9x
Mon, 07 Feb 2022JP¥37.5tJP¥37.2tJP¥2.1t12x17.9x1x
Wed, 05 Jan 2022JP¥41.3tJP¥36.6tJP¥2.0t13x20.4x1.1x
Fri, 03 Dec 2021JP¥39.0tJP¥36.7tJP¥2.0t12.4x19.2x1.1x
Sun, 31 Oct 2021JP¥37.2tJP¥33.9tJP¥1.7t13.7x21.5x1.1x
Tue, 28 Sep 2021JP¥39.5tJP¥33.5tJP¥1.6t14.5x24.5x1.2x
Thu, 26 Aug 2021JP¥36.7tJP¥33.7tJP¥1.6t14.1x22.7x1.1x
Price to Earnings Ratio

23x


Total Market Cap: JP¥37.2tTotal Earnings: JP¥1.6tTotal Revenue: JP¥33.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Machinery Industry Price to Earnings3Y Average 17.9x202220232024
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 17.9x.
  • The 3-year average PS ratio of 0.99x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Japanese Industrials industry?

JP Market1.03%
Industrials0.42%
Machinery-1.49%
Agricultural Machinery0.023%
Industrial Machinery-1.30%
Construction Machinery and Vehicles-2.49%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 19.4x.
    • Analysts are expecting annual earnings growth of 11.8%, which is higher than its past year's earnings growth of 10.2% per year.
  • Investors are most pessimistic about the Agricultural Machinery industry, which is trading below its 3-year average of 14.1x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 3.4% 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
6586 MakitaJP¥4.79k6.2%
+JP¥75.3b		19.7%PE29.5x
7013 IHIJP¥5.87k6.5%
+JP¥54.2b		61.3%PS0.7x
6954 FanucJP¥4.56k0.8%
+JP¥35.9b		-3.5%PE32.4x
6479 MINEBEA MITSUMIJP¥3.62k1.7%
+JP¥24.3b		39.3%PE27.1x
6324 Harmonic Drive SystemsJP¥4.76k5.2%
+JP¥22.3b		11.1%PS8.1x
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7013

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IHI

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6432

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7011

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7.2%

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5333

JP¥2,131.00

NGK Insulators

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3.3%

1Y

27.9%

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6201

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6301

JP¥4,887.00

Komatsu

7D

-0.3%

1Y

29.5%

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6324

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Harmonic Drive Systems

7D

5.2%

1Y

11.1%

7003

JP¥1,581.00

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12.1%

1Y

220.0%

6479

JP¥3,623.00

MINEBEA MITSUMI

7D

1.7%

1Y

39.3%

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6954

JP¥4,562.00

Fanuc

7D

0.8%

1Y

-3.5%

6361

JP¥2,467.00

Ebara

7D

-2.4%

1Y

78.1%