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Japanese (NIKKEI) Machinery Industry Analysis

UpdatedAug 10, 2024
DataAggregated Company Financials
Companies261
  • 7D-1.7%
  • 3M-14.7%
  • 1Y4.7%
  • YTD3.9%

The Machinery industry is down 9.5% over the last week with MINEBEA MITSUMI the worst performer, down 15%. Meanwhile, Mitsubishi Heavy Industries actually outperformed within the industry, gaining 12% in the last week. Over the past 12 months, the industry was up 3.7%. As for the next few years, earnings are expected to grow by 9.9% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 10 Aug 2024JP¥44.3tJP¥47.1tJP¥2.9t11x15.4x0.9x
Mon, 08 Jul 2024JP¥54.1tJP¥46.3tJP¥2.8t13.4x19.6x1.2x
Wed, 05 Jun 2024JP¥51.0tJP¥46.3tJP¥2.8t13x18.5x1.1x
Fri, 03 May 2024JP¥51.8tJP¥45.9tJP¥2.7t12.8x19.2x1.1x
Sun, 31 Mar 2024JP¥51.6tJP¥45.7tJP¥2.6t12.7x19.9x1.1x
Tue, 27 Feb 2024JP¥48.8tJP¥45.7tJP¥2.6t12.3x18.8x1.1x
Thu, 25 Jan 2024JP¥45.3tJP¥45.3tJP¥2.4t12.6x19.2x1x
Sat, 23 Dec 2023JP¥42.3tJP¥45.3tJP¥2.4t12.1x17.9x0.9x
Mon, 20 Nov 2023JP¥42.9tJP¥45.3tJP¥2.4t11.8x18.1x0.9x
Wed, 18 Oct 2023JP¥42.6tJP¥45.0tJP¥2.5t11.8x17x0.9x
Fri, 15 Sep 2023JP¥43.9tJP¥45.0tJP¥2.5t12.2x17.5x1x
Sun, 13 Aug 2023JP¥42.8tJP¥45.0tJP¥2.5t11.9x17.1x1x
Tue, 11 Jul 2023JP¥42.3tJP¥44.0tJP¥2.4t11.9x17.5x1x
Thu, 08 Jun 2023JP¥42.3tJP¥44.0tJP¥2.4t11.3x17.4x1x
Sat, 06 May 2023JP¥39.5tJP¥43.1tJP¥2.4t11.5x16.7x0.9x
Mon, 03 Apr 2023JP¥38.6tJP¥42.6tJP¥2.3t11.2x16.5x0.9x
Wed, 01 Mar 2023JP¥38.6tJP¥42.6tJP¥2.3t11.2x16.5x0.9x
Fri, 27 Jan 2023JP¥37.2tJP¥41.2tJP¥2.4t10.5x15.4x0.9x
Sun, 25 Dec 2022JP¥34.4tJP¥41.1tJP¥2.4t10.2x14.3x0.8x
Tue, 22 Nov 2022JP¥36.7tJP¥41.1tJP¥2.4t10.4x15.2x0.9x
Thu, 20 Oct 2022JP¥34.8tJP¥39.5tJP¥2.2t10.4x15.5x0.9x
Sat, 17 Sep 2022JP¥36.1tJP¥39.4tJP¥2.2t10.4x16.1x0.9x
Mon, 15 Aug 2022JP¥38.3tJP¥39.4tJP¥2.2t10.5x17.1x1x
Wed, 13 Jul 2022JP¥35.1tJP¥38.5tJP¥2.2t10.9x16.2x0.9x
Fri, 10 Jun 2022JP¥39.5tJP¥38.5tJP¥2.2t11.6x18.2x1x
Sun, 08 May 2022JP¥36.3tJP¥37.9tJP¥2.0t11.2x17.7x1x
Tue, 05 Apr 2022JP¥37.5tJP¥37.6tJP¥2.2t11.9x17.3x1x
Thu, 03 Mar 2022JP¥35.9tJP¥37.7tJP¥2.2t11.3x16.6x1x
Sat, 29 Jan 2022JP¥37.3tJP¥36.7tJP¥2.0t12x18.2x1x
Mon, 27 Dec 2021JP¥40.4tJP¥36.6tJP¥2.0t12.7x19.9x1.1x
Wed, 24 Nov 2021JP¥41.2tJP¥36.7tJP¥2.0t13.1x20.3x1.1x
Fri, 22 Oct 2021JP¥37.4tJP¥33.6tJP¥1.6t13.8x22.8x1.1x
Sun, 19 Sep 2021JP¥40.9tJP¥33.5tJP¥1.6t14.5x25.4x1.2x
Tue, 17 Aug 2021JP¥36.8tJP¥33.7tJP¥1.6t14.2x22.8x1.1x
Price to Earnings Ratio

22.8x


Total Market Cap: JP¥36.8tTotal Earnings: JP¥1.6tTotal Revenue: JP¥33.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Machinery Industry Price to Earnings3Y Average 17.8x202220232024
Current Industry PE
  • Investors are pessimistic on the Japanese Machinery industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 15.3x which is lower than its 3-year average PE of 17.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.99x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Market-2.14%
Industrials-1.56%
Machinery-1.66%
Agricultural Machinery0.50%
Industrial Machinery-1.76%
Construction Machinery and Vehicles-1.88%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 19.4x.
    • Analysts expect its future annual earnings growth (11.8%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Agricultural Machinery industry, which is trading below its 3-year average of 14.0x.
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 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¥1.73k12.0%
+JP¥625.1b		121.1%PE25.2x
6383 DaifukuJP¥2.58k6.6%
+JP¥59.4b		-7.8%PE21x
5631 Japan Steel WorksJP¥4.12k11.2%
+JP¥30.5b		36.4%PE19.6x
6406 FujitecJP¥4.34k5.9%
+JP¥18.8b		13.5%PE19x
9962 MISUMI GroupJP¥2.55k2.7%
+JP¥18.4b		4.0%PE22.8x
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