Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Japanese (NIKKEI) Tech Sector Analysis

UpdatedFeb 18, 2026
DataAggregated Company Financials
Companies673
  • 7D-0.6%
  • 3M17.6%
  • 1Y39.7%
  • YTD8.7%

The Tech is pretty flat in the last 7 days, but Kioxia Holdings has stood out, gaining 13%. The past year has been better, since the industry has gained 40% in that time. As for the next few years, earnings are expected to grow by 16% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 18 Feb 2026JP¥171.6tJP¥73.1tJP¥5.7t16.7x30.2x2.3x
Fri, 16 Jan 2026JP¥168.1tJP¥71.7tJP¥5.3t17.9x31.5x2.3x
Sun, 14 Dec 2025JP¥153.5tJP¥71.7tJP¥5.3t17x28.9x2.1x
Tue, 11 Nov 2025JP¥154.2tJP¥71.7tJP¥5.4t17.2x28.4x2.1x
Thu, 09 Oct 2025JP¥143.2tJP¥70.6tJP¥5.0t17.2x28.8x2x
Sat, 06 Sep 2025JP¥130.7tJP¥75.5tJP¥5.1t17x25.5x1.7x
Mon, 04 Aug 2025JP¥124.6tJP¥71.7tJP¥5.0t16.9x25x1.7x
Wed, 02 Jul 2025JP¥125.8tJP¥70.6tJP¥5.2t16.3x24.1x1.8x
Fri, 30 May 2025JP¥125.5tJP¥75.5tJP¥5.4t15.8x23.3x1.7x
Sun, 27 Apr 2025JP¥114.3tJP¥74.2tJP¥5.4t15.1x21.1x1.5x
Tue, 25 Mar 2025JP¥121.4tJP¥74.5tJP¥5.6t15.9x21.8x1.6x
Thu, 20 Feb 2025JP¥130.7tJP¥75.1tJP¥5.6t15.8x23.4x1.7x
Sat, 18 Jan 2025JP¥125.3tJP¥74.1tJP¥5.3t16x23.8x1.7x
Mon, 16 Dec 2024JP¥125.6tJP¥72.5tJP¥5.1t16.7x24.5x1.7x
Wed, 13 Nov 2024JP¥127.1tJP¥72.3tJP¥5.0t16.5x25.3x1.8x
Fri, 11 Oct 2024JP¥129.3tJP¥71.7tJP¥5.1t16.3x25.6x1.8x
Sun, 08 Sep 2024JP¥121.4tJP¥71.8tJP¥5.1t16.3x24x1.7x
Tue, 06 Aug 2024JP¥104.5tJP¥71.2tJP¥5.0t13.3x21x1.5x
Thu, 04 Jul 2024JP¥142.1tJP¥70.7tJP¥4.8t17.5x29.4x2x
Sat, 01 Jun 2024JP¥133.0tJP¥70.6tJP¥4.8t16.6x27.7x1.9x
Mon, 29 Apr 2024JP¥129.5tJP¥70.1tJP¥4.7t17x27.8x1.8x
Wed, 27 Mar 2024JP¥138.1tJP¥70.3tJP¥4.6t18x30.3x2x
Fri, 23 Feb 2024JP¥134.3tJP¥70.3tJP¥4.6t17.5x29.5x1.9x
Sun, 21 Jan 2024JP¥125.9tJP¥71.3tJP¥4.8t17.4x26.5x1.8x
Tue, 19 Dec 2023JP¥116.2tJP¥71.3tJP¥4.8t16.6x24.4x1.6x
Thu, 16 Nov 2023JP¥115.6tJP¥71.0tJP¥4.8t16.5x24.3x1.6x
Sat, 14 Oct 2023JP¥108.8tJP¥70.5tJP¥5.0t16.3x21.8x1.5x
Mon, 11 Sep 2023JP¥110.6tJP¥70.4tJP¥5.0t17x22.1x1.6x
Wed, 09 Aug 2023JP¥109.3tJP¥69.7tJP¥5.0t16.1x21.8x1.6x
Fri, 07 Jul 2023JP¥112.7tJP¥69.6tJP¥5.1t16.4x21.9x1.6x
Sun, 04 Jun 2023JP¥110.6tJP¥69.5tJP¥5.1t16x21.5x1.6x
Tue, 02 May 2023JP¥98.4tJP¥68.3tJP¥5.2t15.5x18.8x1.4x
Thu, 30 Mar 2023JP¥97.3tJP¥67.7tJP¥5.3t15.4x18.4x1.4x
Sat, 25 Feb 2023JP¥95.2tJP¥68.5tJP¥5.4t15.1x17.8x1.4x
Price to Earnings Ratio

17.8x


Total Market Cap: JP¥95.2tTotal Earnings: JP¥5.4tTotal Revenue: JP¥68.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Tech Sector Price to Earnings3Y Average 24.7x202420252026
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 30.2x which is higher than its 3-year average PE of 24.7x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.3x.
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 2.2% 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-1.91%
Tech-0.64%
Electronic Equipment and Components2.36%
Semiconductors1.57%
Tech Hardware-1.80%
Communications-2.52%
Software-6.20%
IT-9.88%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 26.0x.
    • Analysts are expecting annual earnings growth of 22.1%, which is higher than its past year's earnings decline of 4.2% 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 Communications industry, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings decline of 22% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 7.6% 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
285A Kioxia HoldingsJP¥21.42k13.7%
+JP¥1.4t		763.0%PE69.8x
8035 Tokyo ElectronJP¥43.39k4.6%
+JP¥866.4b		66.8%PE39.5x
6981 Murata ManufacturingJP¥3.61k8.8%
+JP¥529.7b		31.1%PE34.6x
6861 KeyenceJP¥58.40k3.1%
+JP¥429.3b		-8.4%PE33.9x
4062 IbidenLtdJP¥9.33k17.9%
+JP¥395.4b		403.3%PE65.3x

Latest News

6702
JP¥3,687.00
Fujitsu
7D
-10.6%
1Y
20.2%
285A
JP¥21,420.00
Kioxia Holdings
7D
13.7%
1Y
763.0%

Analyst Forecasts For Kioxia Holdings Corporation (TSE:285A) Are Surging Higher

Feb 18
Analyst Forecasts For Kioxia Holdings Corporation (TSE:285A) Are Surging Higher
4062
JP¥9,334.00
IbidenLtd
7D
17.9%
1Y
403.3%
4684
JP¥3,812.00
OBICLtd
7D
-5.8%
1Y
-15.9%

Returns At OBICLtd (TSE:4684) Appear To Be Weighed Down

Feb 16
Returns At OBICLtd (TSE:4684) Appear To Be Weighed Down
6787
JP¥19,750.00
Meiko Electronics
7D
17.3%
1Y
140.3%
6857
JP¥26,960.00
Advantest
7D
-2.6%
1Y
180.8%

6857: AI Test Demand And New Products Will Drive Future Upside

Analysts have raised their price target on Advantest from ¥26,100 to ¥32,300, reflecting updated assumptions regarding revenue growth, profit margins, the future P/E multiple, and a slightly lower discount rate. What's in the News Revised consolidated earnings guidance for the year ending March 31, 2026, with expected net sales of ¥1.07b, operating income of ¥454.0b, net income of ¥328.5b, and basic EPS of ¥452.34, compared with prior guidance of net sales of ¥950.0b, operating income of ¥374.0b, and net income of ¥275.0b (corporate guidance).
6701
JP¥4,041.00
NEC
7D
-16.4%
1Y
29.2%

The Price Is Right For NEC Corporation (TSE:6701) Even After Diving 31%

Feb 13
The Price Is Right For NEC Corporation (TSE:6701) Even After Diving 31%
4307
JP¥3,890.00
Nomura Research Institute
7D
-11.7%
1Y
-27.0%

Nomura Research Institute, Ltd.'s (TSE:4307) 32% Cheaper Price Remains In Tune With Earnings

Feb 13
Nomura Research Institute, Ltd.'s (TSE:4307) 32% Cheaper Price Remains In Tune With Earnings
4901
JP¥3,145.00
FUJIFILM Holdings
7D
3.1%
1Y
1.3%

FUJIFILM Holdings (TSE:4901) Will Pay A Dividend Of ¥35.00

Feb 12
FUJIFILM Holdings (TSE:4901) Will Pay A Dividend Of ¥35.00
8035
JP¥43,390.00
Tokyo Electron
7D
4.6%
1Y
66.8%

Revenue Miss: Tokyo Electron Limited Fell 10.0% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Feb 09
Revenue Miss: Tokyo Electron Limited Fell 10.0% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
6971
JP¥2,637.50
Kyocera
7D
-2.9%
1Y
52.5%

Kyocera (TSE:6971) Has Announced A Dividend Of ¥25.00

Feb 06
Kyocera (TSE:6971) Has Announced A Dividend Of ¥25.00
6762
JP¥2,433.50
TDK
7D
4.9%
1Y
44.5%

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

Feb 05
TDK (TSE:6762) Is Increasing Its Dividend To ¥18.00
6981
JP¥3,610.00
Murata Manufacturing
7D
8.8%
1Y
31.1%
6861
JP¥58,400.00
Keyence
7D
3.1%
1Y
-8.4%

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
7751
JP¥4,809.00
Canon
7D
-2.4%
1Y
-7.3%

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
6146
JP¥71,830.00
Disco
7D
-4.7%
1Y
53.0%