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Japanese (NIKKEI) Tech Sector Analysis
UpdatedSep 18, 2025
DataAggregated Company Financials
Companies676
- 7D3.3%
- 3M10.5%
- 1Y15.3%
- YTD13.2%
In the last week, the Tech industry is up 5.1%, with Tokyo Electron up 15%. In the last 12 months, the industry was up 16%. 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 |
|---|---|---|---|---|---|---|
| Thu, 18 Sep 2025 | JP¥138.8t | JP¥75.5t | JP¥5.1t | 17.2x | 27.1x | 1.8x |
| Sat, 16 Aug 2025 | JP¥125.8t | JP¥70.8t | JP¥5.0t | 16.9x | 25.3x | 1.8x |
| Mon, 14 Jul 2025 | JP¥122.9t | JP¥70.7t | JP¥5.2t | 16.3x | 23.6x | 1.7x |
| Wed, 11 Jun 2025 | JP¥124.4t | JP¥75.3t | JP¥5.4t | 15.9x | 23.2x | 1.7x |
| Fri, 09 May 2025 | JP¥119.5t | JP¥74.6t | JP¥5.5t | 15.4x | 21.8x | 1.6x |
| Sun, 06 Apr 2025 | JP¥106.8t | JP¥74.2t | JP¥5.6t | 14.1x | 19.2x | 1.4x |
| Tue, 04 Mar 2025 | JP¥123.4t | JP¥74.8t | JP¥5.6t | 15.5x | 22.1x | 1.7x |
| Thu, 30 Jan 2025 | JP¥128.9t | JP¥74.0t | JP¥5.3t | 16.5x | 24.4x | 1.7x |
| Sat, 28 Dec 2024 | JP¥128.5t | JP¥73.9t | JP¥5.1t | 16.7x | 25.4x | 1.7x |
| Mon, 25 Nov 2024 | JP¥123.8t | JP¥72.4t | JP¥5.1t | 16.8x | 24.1x | 1.7x |
| Wed, 23 Oct 2024 | JP¥124.7t | JP¥71.8t | JP¥5.1t | 15.8x | 24.6x | 1.7x |
| Fri, 20 Sep 2024 | JP¥121.7t | JP¥71.8t | JP¥5.1t | 16.3x | 24.1x | 1.7x |
| Sun, 18 Aug 2024 | JP¥128.5t | JP¥71.8t | JP¥5.0t | 16x | 25.5x | 1.8x |
| Tue, 16 Jul 2024 | JP¥142.5t | JP¥70.7t | JP¥4.8t | 17.8x | 29.5x | 2x |
| Thu, 13 Jun 2024 | JP¥134.8t | JP¥70.5t | JP¥4.8t | 16.8x | 28.1x | 1.9x |
| Sat, 11 May 2024 | JP¥131.7t | JP¥70.2t | JP¥4.7t | 17.2x | 28.2x | 1.9x |
| Mon, 08 Apr 2024 | JP¥132.7t | JP¥69.9t | JP¥4.5t | 17.2x | 29.2x | 1.9x |
| Wed, 06 Mar 2024 | JP¥140.4t | JP¥70.3t | JP¥4.6t | 17.9x | 30.8x | 2x |
| Fri, 02 Feb 2024 | JP¥126.0t | JP¥71.4t | JP¥4.7t | 17.6x | 27x | 1.8x |
| Sun, 31 Dec 2023 | JP¥119.2t | JP¥71.3t | JP¥4.8t | 17x | 25.1x | 1.7x |
| Tue, 28 Nov 2023 | JP¥116.1t | JP¥71.1t | JP¥4.8t | 17x | 24.4x | 1.6x |
| Thu, 26 Oct 2023 | JP¥104.9t | JP¥70.7t | JP¥5.0t | 15.9x | 20.8x | 1.5x |
| Sat, 23 Sep 2023 | JP¥107.9t | JP¥70.4t | JP¥5.0t | 16.8x | 21.6x | 1.5x |
| Mon, 21 Aug 2023 | JP¥107.2t | JP¥70.2t | JP¥5.0t | 16.2x | 21.6x | 1.5x |
| Wed, 19 Jul 2023 | JP¥113.2t | JP¥69.6t | JP¥5.1t | 16.5x | 22x | 1.6x |
| Fri, 16 Jun 2023 | JP¥115.2t | JP¥69.6t | JP¥5.1t | 16.5x | 22.4x | 1.7x |
| Sun, 14 May 2023 | JP¥101.4t | JP¥68.8t | JP¥5.3t | 15.7x | 19.2x | 1.5x |
| Tue, 11 Apr 2023 | JP¥94.6t | JP¥67.7t | JP¥5.3t | 15.1x | 17.9x | 1.4x |
| Thu, 09 Mar 2023 | JP¥98.3t | JP¥68.5t | JP¥5.4t | 15.6x | 18.3x | 1.4x |
| Sat, 04 Feb 2023 | JP¥96.6t | JP¥67.3t | JP¥5.4t | 15.3x | 17.9x | 1.4x |
| Mon, 02 Jan 2023 | JP¥87.7t | JP¥66.3t | JP¥5.4t | 14.6x | 16.2x | 1.3x |
| Wed, 30 Nov 2022 | JP¥97.1t | JP¥66.2t | JP¥5.4t | 15.3x | 18x | 1.5x |
| Fri, 28 Oct 2022 | JP¥91.1t | JP¥64.1t | JP¥5.2t | 14.6x | 17.4x | 1.4x |
| Sun, 25 Sep 2022 | JP¥89.5t | JP¥63.6t | JP¥5.2t | 14.8x | 17.3x | 1.4x |
Price to Earnings Ratio
17.3x
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 27.2x which is higher than its 3-year average PE of 23.0x.
- The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 5.8% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Japanese Tech sector?
| JP Market | 0.30% | |
| Tech | 3.33% | |
| Semiconductors | 10.24% | |
| Electronic Equipment and Components | 2.03% | |
| Tech Hardware | -0.063% | |
| Software | -0.075% | |
| IT | -0.26% | |
| Communications | -0.65% | |
Industry PE
- Investors are most optimistic about the Software industry, which is trading close to its 3-year average PE ratio of 40.3x.
- Analysts expect its future annual earnings growth (18.8%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Communications industry, which is trading below its 3-year average of 25.8x.
Forecasted Growth
- Analysts are most optimistic on the Software industry, expecting annual earnings growth of 19% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the IT industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| 8035 Tokyo Electron | JP¥24.25k | 14.7% +JP¥1.4t | 7.9% | PE20.7x | |
| 6146 Disco | JP¥45.32k | 16.2% +JP¥685.2b | 30.1% | PE39.6x | |
| 6857 Advantest | JP¥13.85k | 5.5% +JP¥526.8b | 126.0% | PE44.5x | |
| 285A Kioxia Holdings | JP¥4.44k | 27.4% +JP¥515.2b | n/a | PE10.8x | |
| 6981 Murata Manufacturing | JP¥2.64k | 6.3% +JP¥289.0b | -0.1% | PE22.3x |
