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Japanese (NIKKEI) Tech Sector Analysis

UpdatedFeb 06, 2026
DataAggregated Company Financials
Companies674
  • 7D-3.7%
  • 3M8.6%
  • 1Y36.4%
  • YTD3.8%

Over the last 7 days, the Tech industry has dropped 3.7%, driven by Advantest declining 9.7%. Meanwhile, Kyocera actually outperformed within the industry, gaining 14% in the last week. Over the past 12 months, the industry was up 36%. Earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 06 Feb 2026JP¥163.8tJP¥72.5tJP¥5.6t17x29x2.3x
Sun, 04 Jan 2026JP¥153.4tJP¥71.7tJP¥5.3t17.2x28.8x2.1x
Tue, 02 Dec 2025JP¥148.3tJP¥71.6tJP¥5.3t17.1x27.9x2.1x
Thu, 30 Oct 2025JP¥152.9tJP¥70.9tJP¥5.0t17.1x30.4x2.2x
Sat, 27 Sep 2025JP¥141.5tJP¥75.5tJP¥5.1t17.4x27.6x1.9x
Mon, 25 Aug 2025JP¥130.3tJP¥75.5tJP¥5.1t17x25.5x1.7x
Wed, 23 Jul 2025JP¥122.6tJP¥70.7tJP¥5.2t16.2x23.6x1.7x
Fri, 20 Jun 2025JP¥125.9tJP¥75.3tJP¥5.4t16.3x23.5x1.7x
Sun, 18 May 2025JP¥124.0tJP¥75.0tJP¥5.4t15.5x23.1x1.7x
Tue, 15 Apr 2025JP¥108.3tJP¥74.2tJP¥5.6t14.5x19.5x1.5x
Thu, 13 Mar 2025JP¥120.3tJP¥74.8tJP¥5.6t15.6x21.6x1.6x
Sat, 08 Feb 2025JP¥127.8tJP¥74.7tJP¥5.4t16.8x23.9x1.7x
Mon, 06 Jan 2025JP¥127.5tJP¥74.1tJP¥5.3t16.6x24.2x1.7x
Wed, 04 Dec 2024JP¥126.5tJP¥72.5tJP¥5.1t16.8x24.6x1.7x
Fri, 01 Nov 2024JP¥128.9tJP¥71.8tJP¥5.1t16x25.5x1.8x
Sun, 29 Sep 2024JP¥132.3tJP¥71.8tJP¥5.1t16.9x26.2x1.8x
Tue, 27 Aug 2024JP¥128.2tJP¥71.9tJP¥5.0t16.6x25.4x1.8x
Thu, 25 Jul 2024JP¥133.5tJP¥70.7tJP¥4.8t17.3x27.6x1.9x
Sat, 22 Jun 2024JP¥135.7tJP¥70.5tJP¥4.8t16.8x28.2x1.9x
Mon, 20 May 2024JP¥133.6tJP¥70.5tJP¥4.8t17x27.8x1.9x
Wed, 17 Apr 2024JP¥135.0tJP¥70.0tJP¥4.6t17.2x29.7x1.9x
Fri, 15 Mar 2024JP¥133.5tJP¥70.3tJP¥4.6t17.6x29.3x1.9x
Sun, 11 Feb 2024JP¥127.2tJP¥70.3tJP¥4.6t17.2x27.8x1.8x
Tue, 09 Jan 2024JP¥116.5tJP¥71.3tJP¥4.8t17x24.5x1.6x
Thu, 07 Dec 2023JP¥116.9tJP¥71.3tJP¥4.8t17.2x24.6x1.6x
Sat, 04 Nov 2023JP¥108.6tJP¥70.7tJP¥4.9t16.2x22.2x1.5x
Mon, 02 Oct 2023JP¥108.1tJP¥70.5tJP¥5.0t16.6x21.6x1.5x
Wed, 30 Aug 2023JP¥110.3tJP¥70.4tJP¥5.0t16.8x22.1x1.6x
Fri, 28 Jul 2023JP¥112.6tJP¥69.7tJP¥5.1t16.7x22x1.6x
Sun, 25 Jun 2023JP¥112.3tJP¥69.6tJP¥5.1t16.5x21.8x1.6x
Tue, 23 May 2023JP¥106.6tJP¥69.6tJP¥5.1t16.1x20.7x1.5x
Thu, 20 Apr 2023JP¥97.1tJP¥67.7tJP¥5.3t15.2x18.4x1.4x
Sat, 18 Mar 2023JP¥97.4tJP¥68.6tJP¥5.4t15.1x18.2x1.4x
Mon, 13 Feb 2023JP¥96.5tJP¥68.4tJP¥5.3t15.2x18.1x1.4x
Price to Earnings Ratio

18.1x


Total Market Cap: JP¥96.5tTotal Earnings: JP¥5.3tTotal Revenue: JP¥68.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Tech Sector Price to Earnings3Y Average 24.5x202420252026
Current Industry PE
  • Investors are optimistic on the Japanese Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 29.0x which is higher than its 3-year average PE of 24.5x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Information Technology industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

Which industries have driven the changes within the Japanese Tech sector?

JP Market2.91%
Tech-3.71%
Tech Hardware4.71%
Communications2.34%
Electronic Equipment and Components0.41%
Semiconductors-4.42%
Software-6.52%
IT-10.68%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 25.5x.
    • Analysts are expecting annual earnings growth of 21.3%, which is higher than its past year's earnings growth of 5.1% per year.
  • Investors are most pessimistic about the Tech Hardware industry, which is trading below its 3-year average of 18.1x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings growth rate of 5.1% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 7.5% 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
6723 Renesas ElectronicsJP¥2.94k14.0%
+JP¥651.5b		19.0%PS4.2x
6971 KyoceraJP¥2.59k12.2%
+JP¥348.8b		57.1%PE33.4x
6762 TDKJP¥2.16k8.9%
+JP¥334.4b		25.2%PE21.8x
7751 CanonJP¥4.87k3.9%
+JP¥159.9b		2.2%PE12.9x
6981 Murata ManufacturingJP¥3.22k2.8%
+JP¥158.4b		27.6%PE30.9x

Latest News

6645
JP¥4,520.00
OMRON
7D
15.4%
1Y
-7.2%
6920
JP¥30,060.00
Lasertec
7D
-17.4%
1Y
97.2%
6806
JP¥20,420.00
Hirose ElectricLtd
7D
23.1%
1Y
13.2%

Earnings Beat: Hirose Electric Co.,Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Feb 05
Earnings Beat: Hirose Electric Co.,Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
6762
JP¥2,157.00
TDK
7D
8.9%
1Y
25.2%

TDK (TSE:6762) Is Increasing Its Dividend To ¥18.00

Feb 05
TDK (TSE:6762) Is Increasing Its Dividend To ¥18.00
6702
JP¥3,915.00
Fujitsu
7D
-8.6%
1Y
30.9%
6723
JP¥2,935.50
Renesas Electronics
7D
14.0%
1Y
19.0%

6723: Future Timing Unit Sale Will Support Growing Automotive And Data Center Focus

Analysts have adjusted their fair value estimate for Renesas Electronics to ¥3,300 from ¥3,150, citing updated assumptions for revenue growth, profit margins and future P/E levels. What's in the News SiTime Corporation is reported to be nearing an agreement to acquire Renesas Electronics' timing unit in a deal that could be worth about US$3b, with a potential announcement as soon as February 5, 2026, alongside Renesas' full year earnings.
6701
JP¥4,353.00
NEC
7D
-16.4%
1Y
40.4%
6971
JP¥2,589.50
Kyocera
7D
12.2%
1Y
57.1%

Kyocera Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Feb 04
Kyocera Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
4062
JP¥7,101.00
IbidenLtd
7D
-13.7%
1Y
280.2%
6981
JP¥3,223.00
Murata Manufacturing
7D
2.8%
1Y
27.6%
6861
JP¥53,380.00
Keyence
7D
-5.4%
1Y
-15.4%

Keyence (TSE:6861) Is Due To Pay A Dividend Of ¥275.00

Feb 02
Keyence (TSE:6861) Is Due To Pay A Dividend Of ¥275.00
6857
JP¥24,645.00
Advantest
7D
-3.4%
1Y
186.4%

6857: AI And HPC Hype Will Likely Outrun Earnings Reality

Analysts have lifted their price target on Advantest by roughly 20%, citing updated assumptions that reflect higher modeled revenue growth, an improved profit margin outlook, and a lower future P/E multiple. What's in the News Advantest plans a board meeting on January 28, 2026 to consider cancelling treasury shares, following recent share repurchases under its buyback program (company filing).
4307
JP¥4,250.00
Nomura Research Institute
7D
-9.6%
1Y
-20.9%

Analysts Are Updating Their Nomura Research Institute, Ltd. (TSE:4307) Estimates After Its Third-Quarter Results

Jan 31
Analysts Are Updating Their Nomura Research Institute, Ltd. (TSE:4307) Estimates After Its Third-Quarter Results
7751
JP¥4,867.00
Canon
7D
3.9%
1Y
2.2%

Earnings Beat: Canon Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Jan 31
Earnings Beat: Canon Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
285A
JP¥19,100.00
Kioxia Holdings
7D
-10.6%
1Y
1,025.5%
7752
JP¥1,500.00
Ricoh Company
7D
10.1%
1Y
-13.0%