Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Japanese (NIKKEI) Tech Sector Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies680
  • 7D-1.4%
  • 3M-4.4%
  • 1Y7.7%
  • YTD6.7%

Over the last 7 days, the Tech industry has dropped 2.4%, driven by Tokyo Electron declining 4.1%. In contrast, NTT DATA Group has gained 7.2%. In the past year, the industry has gained 8.1%. Looking forward, earnings are forecast to grow by 13% annually.

Sector Valuation and Performance

Has the Japanese Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024JP¥123.4tJP¥72.5tJP¥5.1t16.5x24.3x1.7x
Sat, 19 Oct 2024JP¥126.1tJP¥71.8tJP¥5.1t15.9x24.9x1.8x
Mon, 16 Sep 2024JP¥122.6tJP¥71.7tJP¥5.1t16.2x24.3x1.7x
Wed, 14 Aug 2024JP¥122.9tJP¥71.8tJP¥5.0t15.4x24.4x1.7x
Fri, 12 Jul 2024JP¥146.6tJP¥70.7tJP¥4.8t17.5x30.4x2.1x
Sun, 09 Jun 2024JP¥133.0tJP¥70.5tJP¥4.8t16.4x27.7x1.9x
Tue, 07 May 2024JP¥130.7tJP¥70.2tJP¥4.7t17x27.8x1.9x
Thu, 04 Apr 2024JP¥135.3tJP¥69.9tJP¥4.5t17.7x29.8x1.9x
Sat, 02 Mar 2024JP¥137.4tJP¥70.3tJP¥4.6t17.7x30.2x2x
Mon, 29 Jan 2024JP¥125.7tJP¥71.4tJP¥4.8t17.7x26.4x1.8x
Wed, 27 Dec 2023JP¥117.9tJP¥71.3tJP¥4.8t16.7x24.8x1.7x
Fri, 24 Nov 2023JP¥116.5tJP¥71.1tJP¥4.8t16.8x24.5x1.6x
Sun, 22 Oct 2023JP¥105.3tJP¥70.5tJP¥5.0t16.1x21.1x1.5x
Tue, 19 Sep 2023JP¥111.7tJP¥70.4tJP¥5.0t17x22.4x1.6x
Thu, 17 Aug 2023JP¥107.8tJP¥70.2tJP¥5.0t16.5x21.7x1.5x
Sat, 15 Jul 2023JP¥112.3tJP¥69.6tJP¥5.1t16.3x21.8x1.6x
Mon, 12 Jun 2023JP¥110.9tJP¥69.6tJP¥5.2t16.1x21.5x1.6x
Wed, 10 May 2023JP¥100.6tJP¥68.5tJP¥5.3t15.7x19.1x1.5x
Fri, 07 Apr 2023JP¥94.0tJP¥67.7tJP¥5.3t14.9x17.8x1.4x
Sun, 05 Mar 2023JP¥96.7tJP¥68.5tJP¥5.4t15.4x18x1.4x
Tue, 31 Jan 2023JP¥95.9tJP¥66.3tJP¥5.4t15.1x17.7x1.4x
Thu, 29 Dec 2022JP¥87.8tJP¥66.3tJP¥5.4t14.5x16.2x1.3x
Sat, 26 Nov 2022JP¥99.1tJP¥66.2tJP¥5.4t15.4x18.3x1.5x
Mon, 24 Oct 2022JP¥88.5tJP¥63.7tJP¥5.2t14.5x17.1x1.4x
Wed, 21 Sep 2022JP¥91.3tJP¥63.6tJP¥5.2t15.1x17.7x1.4x
Fri, 19 Aug 2022JP¥97.3tJP¥63.7tJP¥5.1t15.4x19x1.5x
Sun, 17 Jul 2022JP¥89.9tJP¥62.1tJP¥5.0t14.9x18.1x1.4x
Tue, 14 Jun 2022JP¥92.2tJP¥62.1tJP¥5.0t15x18.3x1.5x
Thu, 12 May 2022JP¥93.4tJP¥61.6tJP¥4.8t15x19.4x1.5x
Sat, 09 Apr 2022JP¥96.3tJP¥61.0tJP¥4.6t15.8x20.8x1.6x
Mon, 07 Mar 2022JP¥91.6tJP¥60.9tJP¥4.6t15.3x19.8x1.5x
Wed, 02 Feb 2022JP¥96.3tJP¥60.0tJP¥4.4t15.7x22x1.6x
Fri, 31 Dec 2021JP¥112.3tJP¥59.5tJP¥4.3t17.5x26.3x1.9x
Sun, 28 Nov 2021JP¥109.7tJP¥59.4tJP¥4.3t17.3x25.7x1.8x
Price to Earnings Ratio

25.7x


Total Market Cap: JP¥109.7tTotal Earnings: JP¥4.3tTotal Revenue: JP¥59.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Tech Sector Price to Earnings3Y Average 22.3x202220232024
Current Industry PE
  • Investors are relatively neutral on the Japanese Information Technology 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 22.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 6.0% per year over the last three years.
  • Revenues for these companies have grown 6.9% 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 Tech sector?

JP Market-0.44%
Tech-1.40%
IT-0.55%
Tech Hardware-1.01%
Software-1.07%
Electronic Equipment and Components-1.33%
Communications-1.50%
Semiconductors-2.41%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 23.0x.
    • Analysts are expecting annual earnings growth of 7.9%, which is higher than its past year's earnings decline of 15.0% per year.
  • Investors are most pessimistic about the Tech Hardware industry, which is trading close to its 3-year average of 16.4x.
Forecasted Growth
  • Analysts are most optimistic on the Software industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Communications industry is expected to see its earnings grow by 7.9% 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
6861 KeyenceJP¥65.58k1.5%
+JP¥242.5b		3.4%PE41.8x
6146 DiscoJP¥42.42k5.3%
+JP¥229.7b		33.4%PE43.8x
6857 AdvantestJP¥9.36k2.6%
+JP¥178.2b		104.8%PE65.5x
9613 NTT DATA GroupJP¥2.81k2.3%
+JP¥86.9b		51.4%PE28.4x
6965 Hamamatsu Photonics K.KJP¥1.81k10.2%
+JP¥51.4b		-39.4%PE22.1x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

4684

JP¥4,863.00

OBICLtd

7D

-5.1%

1Y

8.3%

Here's Why OBICLtd (TSE:4684) Has Caught The Eye Of Investors

Nov 19
Here's Why OBICLtd (TSE:4684) Has Caught The Eye Of Investors

6857

JP¥9,359.00

Advantest

7D

2.6%

1Y

104.8%

6861

JP¥65,580.00

Keyence

7D

1.5%

1Y

3.4%

Here's Why We Think Keyence (TSE:6861) Might Deserve Your Attention Today

Nov 18
Here's Why We Think Keyence (TSE:6861) Might Deserve Your Attention Today

6728

JP¥6,396.00

ULVAC

7D

7.2%

1Y

-1.0%

3825

JP¥335.00

Remixpoint

7D

72.7%

1Y

54.4%

Remixpoint, Inc. (TSE:3825) Soars 30% But It's A Story Of Risk Vs Reward

Nov 15
Remixpoint, Inc. (TSE:3825) Soars 30% But It's A Story Of Risk Vs Reward

6965

JP¥1,805.00

Hamamatsu Photonics K.K

7D

10.2%

1Y

-39.4%

8035

JP¥21,780.00

Tokyo Electron

7D

-1.0%

1Y

-9.0%

Tokyo Electron Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Nov 14
Tokyo Electron Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

6981

JP¥2,568.50

Murata Manufacturing

7D

-1.7%

1Y

-11.2%

4901

JP¥3,220.00

FUJIFILM Holdings

7D

-4.6%

1Y

11.5%

6702

JP¥2,740.00

Fujitsu

7D

-4.0%

1Y

33.1%

9749

JP¥9,556.00

Fuji Soft

7D

5.5%

1Y

61.7%

9613

JP¥2,807.00

NTT DATA Group

7D

2.3%

1Y

51.4%

Results: NTT DATA Group Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

Nov 08
Results: NTT DATA Group Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

6701

JP¥12,240.00

NEC

7D

-5.0%

1Y

51.4%

6762

JP¥1,886.00

TDK

7D

-4.8%

1Y

43.8%

6146

JP¥42,420.00

Disco

7D

5.3%

1Y

33.4%

Disco Corporation (TSE:6146) Looks Just Right With A 26% Price Jump

Nov 06
Disco Corporation (TSE:6146) Looks Just Right With A 26% Price Jump

4307

JP¥4,426.00

Nomura Research Institute

7D

-3.7%

1Y

5.0%