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Japanese (NIKKEI) Marine and Shipping Industry Analysis

UpdatedFeb 26, 2026
DataAggregated Company Financials
Companies16
  • 7D3.7%
  • 3M15.7%
  • 1Y5.9%
  • YTD9.9%

In the last week, the Marine and Shipping industry is up 3.7%, with Mitsui O.S.K. Lines up 5.1%. This takes the industry's 12 month performance to a gain of 5.9%. In the next few years, earnings are forecast to decline by 4.3% annually.

Industry Valuation and Performance

Has the Japanese Marine and Shipping Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Feb 2026JP¥6.2tJP¥6.0tJP¥647.8b11.4x9.5x1x
Sat, 24 Jan 2026JP¥5.6tJP¥6.0tJP¥858.0b7.6x6.6x0.9x
Mon, 22 Dec 2025JP¥5.4tJP¥5.9tJP¥856.2b6.9x6.3x0.9x
Wed, 19 Nov 2025JP¥5.3tJP¥5.9tJP¥856.2b6.5x6.1x0.9x
Fri, 17 Oct 2025JP¥5.4tJP¥6.1tJP¥1.1t6.8x4.9x0.9x
Sun, 14 Sep 2025JP¥5.9tJP¥6.1tJP¥1.1t6.9x5.4x1x
Tue, 12 Aug 2025JP¥5.7tJP¥6.1tJP¥1.1t5.9x5.2x0.9x
Thu, 10 Jul 2025JP¥5.6tJP¥6.2tJP¥1.3t6.6x4.4x0.9x
Sat, 07 Jun 2025JP¥5.5tJP¥6.2tJP¥1.3t6.8x4.4x0.9x
Mon, 05 May 2025JP¥5.2tJP¥6.2tJP¥1.3t6.2x4.1x0.8x
Wed, 02 Apr 2025JP¥5.6tJP¥6.2tJP¥1.3t6.3x4.4x0.9x
Fri, 28 Feb 2025JP¥6.1tJP¥6.2tJP¥1.3t6.7x4.8x1x
Sun, 26 Jan 2025JP¥5.6tJP¥6.1tJP¥1.0t7.5x5.5x0.9x
Tue, 24 Dec 2024JP¥5.8tJP¥6.1tJP¥1.0t7.6x5.7x1x
Thu, 21 Nov 2024JP¥6.0tJP¥6.1tJP¥1.0t7.7x5.9x1x
Sat, 19 Oct 2024JP¥5.9tJP¥6.0tJP¥740.1b8.7x8x1x
Mon, 16 Sep 2024JP¥5.5tJP¥6.0tJP¥740.1b7.9x7.5x0.9x
Wed, 14 Aug 2024JP¥5.6tJP¥6.0tJP¥739.4b8x7.6x0.9x
Fri, 12 Jul 2024JP¥6.1tJP¥5.8tJP¥651.4b9.5x9.4x1.1x
Sun, 09 Jun 2024JP¥6.3tJP¥5.8tJP¥651.4b9.2x9.7x1.1x
Tue, 07 May 2024JP¥5.6tJP¥5.7tJP¥691.8b8x8.1x1x
Thu, 04 Apr 2024JP¥5.3tJP¥5.6tJP¥705.2b7.9x7.5x0.9x
Sat, 02 Mar 2024JP¥6.3tJP¥5.6tJP¥705.2b7.9x9x1.1x
Mon, 29 Jan 2024JP¥6.3tJP¥5.7tJP¥1.0t8.3x6.2x1.1x
Wed, 27 Dec 2023JP¥5.5tJP¥5.7tJP¥1.0t7.3x5.4x1x
Fri, 24 Nov 2023JP¥4.9tJP¥5.7tJP¥1.0t7.1x4.9x0.9x
Sun, 22 Oct 2023JP¥5.0tJP¥5.9tJP¥1.9t5.8x2.6x0.8x
Tue, 19 Sep 2023JP¥5.3tJP¥5.9tJP¥1.9t5.5x2.8x0.9x
Thu, 17 Aug 2023JP¥4.9tJP¥5.9tJP¥1.9t5.4x2.6x0.8x
Sat, 15 Jul 2023JP¥4.3tJP¥6.0tJP¥2.6t5.1x1.7x0.7x
Mon, 12 Jun 2023JP¥3.9tJP¥6.0tJP¥2.6t4.9x1.5x0.6x
Wed, 10 May 2023JP¥4.0tJP¥6.0tJP¥2.8t4.1x1.4x0.7x
Fri, 07 Apr 2023JP¥3.9tJP¥6.0tJP¥3.1t4.2x1.2x0.6x
Sun, 05 Mar 2023JP¥4.2tJP¥6.0tJP¥3.1t4.7x1.4x0.7x
Price to Earnings Ratio

1.4x


Total Market Cap: JP¥4.2tTotal Earnings: JP¥3.1tTotal Revenue: JP¥6.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Marine and Shipping Industry Price to Earnings3Y Average 5.4x202420252026
Current Industry PE
  • Investors are optimistic on the Japanese Shipping industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 9.5x which is higher than its 3-year average PE of 5.4x.
  • The 3-year average PS ratio of 0.91x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Shipping industry have declined 41% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

JP Market1.00%
Industrials2.08%
Marine and Shipping3.71%
Marine3.71%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
9104 Mitsui O.S.K. LinesJP¥5.69k5.1%
+JP¥95.0b		1.6%PE8.3x
9101 Nippon Yusen Kabushiki KaishaJP¥5.38k3.6%
+JP¥75.6b		0.5%PE9.6x
9107 Kawasaki Kisen KaishaJP¥2.50k4.9%
+JP¥74.6b		14.0%PE12.8x
9308 Inui Global LogisticsJP¥1.63k5.0%
+JP¥1.9b		11.1%PE31.3x
9311 AsagamiJP¥9.30k11.4%
+JP¥1.3b		57.6%PE8.1x

Latest News

9173
JP¥3,085.00
Tokai Kisen
7D
2.5%
1Y
9.7%

Tokai Kisen (TSE:9173) Strong Profits May Be Masking Some Underlying Issues

Feb 19
Tokai Kisen (TSE:9173) Strong Profits May Be Masking Some Underlying Issues
9104
JP¥5,691.00
Mitsui O.S.K. Lines
7D
5.1%
1Y
1.6%

9104: Cargo Contracts And Leadership Changes Will Support Steady Returns In 2026

Analysts have nudged their price target for Mitsui O.S.K. Lines higher from about ¥5,325 to roughly ¥5,371, citing updated assumptions around revenue growth, profit margins, a slightly lower discount rate, and an adjusted future P/E expectation. What's in the News Mitsui O.S.K. Lines plans a board meeting on January 30, 2026 to consider a change of Representative Director, following earlier discussions on wider personnel changes including Chairman, President, Vice Presidents and Representative Directors on December 19, 2025 (company filings).
9107
JP¥2,503.00
Kawasaki Kisen Kaisha
7D
4.9%
1Y
14.0%

9107: Carbon Capture Projects And Extra Dividend Will Not Offset Deepening Losses

Analysts have slightly lowered their price target for Kawasaki Kisen Kaisha from about ¥2,040 to roughly ¥2,035 as they update their models to reflect revised assumptions around revenue growth, profit margins and future P/E multiples. What's in the News Kawasaki Kisen Kaisha revised its consolidated earnings guidance for the year ending March 31, 2026, now expecting operating revenues of ¥1.006b and an operating loss of ¥84b, with loss attributable to owners of the parent of ¥115b or ¥181.96 per share, reflecting updates in the Product Logistics segment, tax effects and other factors (Key Developments).
9101
JP¥5,380.00
Nippon Yusen Kabushiki Kaisha
7D
3.6%
1Y
0.5%

9101: Buybacks And Decarbonization Initiatives Will Shape A Balanced Fiscal 2026 Outlook

Analysts have inched up their price target for Nippon Yusen Kabushiki Kaisha from about ¥5,165 to roughly ¥5,184, citing updated assumptions around revenue growth, margins, discount rate, and future P/E levels. What's in the News Nippon Yusen Kabushiki Kaisha issued revised consolidated earnings guidance for the year ending March 31, 2026, with expected revenues of ¥2,390,000 million, operating profit of ¥120,000 million, profit attributable to owners of parent of ¥210,000 million, and profit per share of ¥499.64 (company guidance).
9193
JP¥1,258.00
Tokyo KisenLtd
7D
-0.9%
1Y
47.0%
9308
JP¥1,627.00
Inui Global Logistics
7D
5.0%
1Y
11.1%
9310
JP¥1,337.00
Japan Transcity
7D
-0.7%
1Y
44.1%
9127
JP¥4,090.00
Tamai Steamship
7D
6.8%
1Y
133.8%
9380
JP¥420.00
Azuma Shipping
7D
-0.5%
1Y
12.0%
9119
JP¥1,626.00
Iino Kaiun Kaisha
7D
-0.6%
1Y
56.8%

Iino Kaiun Kaisha (TSE:9119) Will Pay A Dividend Of ¥31.00

Feb 11
Iino Kaiun Kaisha (TSE:9119) Will Pay A Dividend Of ¥31.00
9171
JP¥1,778.00
Kuribayashi Steamship
7D
-1.5%
1Y
34.0%
9110
JP¥7,520.00
NS United Kaiun Kaisha
7D
-2.3%
1Y
85.7%

NS United Kaiun Kaisha (TSE:9110) Is Increasing Its Dividend To ¥160.00

Feb 07
NS United Kaiun Kaisha (TSE:9110) Is Increasing Its Dividend To ¥160.00
9311
JP¥9,300.00
Asagami
7D
11.4%
1Y
57.6%
9115
JP¥764.00
Meiji Shipping Group
7D
1.1%
1Y
26.5%
9363
JP¥511.00
DaiunLtd
7D
-2.5%
1Y
6.2%