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Japanese (NIKKEI) Tech Sector Analysis
UpdatedApr 14, 2025
DataAggregated Company Financials
Companies678
- 7D0.3%
- 3M-15.3%
- 1Y-21.1%
- YTD-13.7%
Last week, the Tech industry hasn't moved much but Keyence is up 12% in that time. Unfortunately though, the industry is down 21% over the past 12 months. Earnings are forecast to grow by 13% annually.
Sector Valuation and Performance
Has the Japanese Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 15 Apr 2025 | JP¥107.0t | JP¥74.2t | JP¥5.6t | 14.3x | 19.3x | 1.4x |
| Thu, 13 Mar 2025 | JP¥120.3t | JP¥74.8t | JP¥5.6t | 15.6x | 21.6x | 1.6x |
| Sat, 08 Feb 2025 | JP¥127.8t | JP¥74.7t | JP¥5.4t | 16.8x | 23.9x | 1.7x |
| Mon, 06 Jan 2025 | JP¥127.5t | JP¥74.1t | JP¥5.3t | 16.6x | 24.2x | 1.7x |
| Wed, 04 Dec 2024 | JP¥126.5t | JP¥72.5t | JP¥5.1t | 16.8x | 24.6x | 1.7x |
| Fri, 01 Nov 2024 | JP¥128.9t | JP¥71.8t | JP¥5.1t | 16x | 25.5x | 1.8x |
| Sun, 29 Sep 2024 | JP¥132.3t | JP¥71.8t | JP¥5.1t | 16.9x | 26.2x | 1.8x |
| Tue, 27 Aug 2024 | JP¥128.2t | JP¥71.9t | JP¥5.0t | 16.6x | 25.4x | 1.8x |
| Thu, 25 Jul 2024 | JP¥133.5t | JP¥70.7t | JP¥4.8t | 17.3x | 27.6x | 1.9x |
| Sat, 22 Jun 2024 | JP¥135.7t | JP¥70.5t | JP¥4.8t | 16.8x | 28.2x | 1.9x |
| Mon, 20 May 2024 | JP¥133.6t | JP¥70.5t | JP¥4.8t | 17x | 27.8x | 1.9x |
| Wed, 17 Apr 2024 | JP¥135.0t | JP¥70.0t | JP¥4.6t | 17.2x | 29.7x | 1.9x |
| Fri, 15 Mar 2024 | JP¥133.5t | JP¥70.3t | JP¥4.6t | 17.6x | 29.3x | 1.9x |
| Sun, 11 Feb 2024 | JP¥127.2t | JP¥70.3t | JP¥4.6t | 17.2x | 27.8x | 1.8x |
| Tue, 09 Jan 2024 | JP¥116.5t | JP¥71.3t | JP¥4.8t | 17x | 24.5x | 1.6x |
| Thu, 07 Dec 2023 | JP¥116.9t | JP¥71.3t | JP¥4.8t | 17.2x | 24.6x | 1.6x |
| Sat, 04 Nov 2023 | JP¥108.6t | JP¥70.7t | JP¥4.9t | 16.2x | 22.2x | 1.5x |
| Mon, 02 Oct 2023 | JP¥108.1t | JP¥70.5t | JP¥5.0t | 16.6x | 21.6x | 1.5x |
| Wed, 30 Aug 2023 | JP¥110.3t | JP¥70.4t | JP¥5.0t | 16.8x | 22.1x | 1.6x |
| Fri, 28 Jul 2023 | JP¥112.6t | JP¥69.7t | JP¥5.1t | 16.7x | 22x | 1.6x |
| Sun, 25 Jun 2023 | JP¥112.3t | JP¥69.6t | JP¥5.1t | 16.5x | 21.8x | 1.6x |
| Tue, 23 May 2023 | JP¥106.6t | JP¥69.6t | JP¥5.1t | 16.1x | 20.7x | 1.5x |
| Thu, 20 Apr 2023 | JP¥97.1t | JP¥67.7t | JP¥5.3t | 15.2x | 18.4x | 1.4x |
| Sat, 18 Mar 2023 | JP¥97.4t | JP¥68.6t | JP¥5.4t | 15.1x | 18.2x | 1.4x |
| Mon, 13 Feb 2023 | JP¥96.5t | JP¥68.4t | JP¥5.3t | 15.2x | 18.1x | 1.4x |
| Wed, 11 Jan 2023 | JP¥89.0t | JP¥66.3t | JP¥5.4t | 14.5x | 16.5x | 1.3x |
| Fri, 09 Dec 2022 | JP¥94.5t | JP¥66.2t | JP¥5.4t | 14.8x | 17.5x | 1.4x |
| Sun, 06 Nov 2022 | JP¥90.7t | JP¥65.1t | JP¥5.4t | 14.7x | 16.9x | 1.4x |
| Tue, 04 Oct 2022 | JP¥86.6t | JP¥63.7t | JP¥5.2t | 14.2x | 16.8x | 1.4x |
| Thu, 01 Sep 2022 | JP¥94.1t | JP¥63.7t | JP¥5.1t | 15.4x | 18.4x | 1.5x |
| Sat, 30 Jul 2022 | JP¥93.3t | JP¥62.1t | JP¥5.0t | 15.7x | 18.7x | 1.5x |
| Mon, 27 Jun 2022 | JP¥88.9t | JP¥62.1t | JP¥5.0t | 14.8x | 17.7x | 1.4x |
| Wed, 25 May 2022 | JP¥93.9t | JP¥62.1t | JP¥5.0t | 15x | 18.7x | 1.5x |
| Fri, 22 Apr 2022 | JP¥96.1t | JP¥61.0t | JP¥4.6t | 15.6x | 20.7x | 1.6x |
Price to Earnings Ratio
20.7x
Current Industry PE
- Investors are pessimistic on the Japanese Information Technology 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 19.3x which is lower than its 3-year average PE of 22.3x.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 6.2% per year over the last three years.
- Revenues for these companies have grown 6.8% 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 | -0.30% | |
| Tech | 0.27% | |
| Software | 3.73% | |
| Communications | 1.12% | |
| Semiconductors | 1.11% | |
| IT | 0.22% | |
| Electronic Equipment and Components | -0.33% | |
| Tech Hardware | -2.34% | |
Industry PE
- Investors are most optimistic about the Software industry, which is trading close to its 3-year average PE ratio of 39.3x.
- Analysts are expecting annual earnings growth of 17.8%, which is higher than its past year's earnings growth of 11.5% per year.
- Investors are most pessimistic about the Communications industry, which is trading below its 3-year average of 25.7x.
Forecasted Growth
- Analysts are most optimistic on the Software industry, expecting annual earnings growth of 18% over the next 5 years.
- This is better than its past earnings growth rate of 11% per year.
- In contrast, the Communications industry is expected to see its earnings grow by 8.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 6861 Keyence | JP¥56.51k | 11.7% +JP¥1.4t | -12.7% | PE34.7x | |
| 8035 Tokyo Electron | JP¥19.91k | 16.7% +JP¥1.3t | -49.3% | PE17.3x | |
| 6857 Advantest | JP¥5.91k | 17.4% +JP¥641.9b | -0.5% | PE31.8x | |
| 6146 Disco | JP¥28.49k | 20.7% +JP¥530.0b | -48.4% | PE25.6x | |
| 6723 Renesas Electronics | JP¥1.66k | 20.3% +JP¥503.4b | -38.1% | PE13.6x |
