Japanese (NIKKEI) Communications Industry Analysis

Industry Valuation and Performance

Has the Japanese Communications Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 08 Aug 2026	JP¥250.0b	JP¥297.2b	JP¥14.4b	14.9x	17.3x	0.8x
Mon, 06 Jul 2026	JP¥258.3b	JP¥296.1b	JP¥13.8b	15.7x	18.7x	0.9x
Wed, 03 Jun 2026	JP¥275.7b	JP¥296.0b	JP¥12.8b	16.8x	21.5x	0.9x
Fri, 01 May 2026	JP¥229.5b	JP¥292.2b	JP¥13.7b	12.9x	16.8x	0.8x
Sun, 29 Mar 2026	JP¥225.6b	JP¥292.2b	JP¥14.1b	11.6x	16x	0.8x
Tue, 24 Feb 2026	JP¥235.8b	JP¥290.8b	JP¥13.5b	15.8x	17.5x	0.8x
Thu, 22 Jan 2026	JP¥222.5b	JP¥291.9b	JP¥13.9b	17x	16x	0.8x
Sat, 20 Dec 2025	JP¥205.5b	JP¥291.8b	JP¥13.6b	16.5x	15.1x	0.7x
Mon, 17 Nov 2025	JP¥201.6b	JP¥300.0b	JP¥16.0b	11.3x	12.6x	0.7x
Wed, 15 Oct 2025	JP¥202.3b	JP¥297.2b	JP¥16.1b	11.5x	12.6x	0.7x
Fri, 12 Sep 2025	JP¥210.5b	JP¥297.3b	JP¥16.2b	11.2x	13x	0.7x
Sun, 10 Aug 2025	JP¥204.0b	JP¥294.7b	JP¥15.4b	9.6x	13.3x	0.7x
Tue, 08 Jul 2025	JP¥191.8b	JP¥295.3b	JP¥17.0b	12.2x	11.3x	0.6x
Thu, 05 Jun 2025	JP¥200.1b	JP¥312.5b	JP¥16.9b	12.5x	11.9x	0.6x
Sat, 03 May 2025	JP¥182.1b	JP¥305.1b	JP¥12.5b	8.4x	14.6x	0.6x
Mon, 31 Mar 2025	JP¥190.9b	JP¥304.7b	JP¥12.4b	8.7x	15.4x	0.6x
Wed, 26 Feb 2025	JP¥201.1b	JP¥303.1b	JP¥11.6b	8.5x	17.4x	0.7x
Fri, 24 Jan 2025	JP¥170.8b	JP¥297.9b	JP¥4.6b	11.8x	36.8x	0.6x
Sun, 22 Dec 2024	JP¥167.5b	JP¥297.1b	JP¥4.0b	11.8x	41.9x	0.6x
Tue, 19 Nov 2024	JP¥173.3b	JP¥297.1b	JP¥4.0b	12.5x	43.5x	0.6x
Thu, 17 Oct 2024	JP¥180.7b	JP¥299.5b	JP¥5.1b	11.6x	35.1x	0.6x
Sat, 14 Sep 2024	JP¥171.6b	JP¥299.0b	JP¥4.7b	10.3x	36.2x	0.6x
Mon, 12 Aug 2024	JP¥188.8b	JP¥318.8b	JP¥3.2b	11.2x	58.6x	0.6x
Wed, 10 Jul 2024	JP¥217.9b	JP¥318.4b	JP¥5.2b	13.2x	42.3x	0.7x
Fri, 07 Jun 2024	JP¥208.6b	JP¥318.7b	JP¥5.3b	13x	39.7x	0.7x
Sun, 05 May 2024	JP¥200.5b	JP¥319.9b	JP¥4.5b	10.6x	45x	0.6x
Tue, 02 Apr 2024	JP¥202.6b	JP¥319.9b	JP¥4.6b	11x	44.5x	0.6x
Thu, 29 Feb 2024	JP¥202.5b	JP¥320.7b	JP¥5.0b	11.2x	40.2x	0.6x
Sat, 27 Jan 2024	JP¥229.7b	JP¥331.3b	JP¥8.5b	14x	27x	0.7x
Mon, 25 Dec 2023	JP¥219.1b	JP¥331.5b	JP¥10.0b	10.1x	21.9x	0.7x
Wed, 22 Nov 2023	JP¥214.8b	JP¥331.7b	JP¥10.1b	10.5x	21.3x	0.6x
Fri, 20 Oct 2023	JP¥222.6b	JP¥324.9b	JP¥8.9b	11x	25x	0.7x
Sun, 17 Sep 2023	JP¥227.8b	JP¥325.0b	JP¥8.9b	9.4x	25.6x	0.7x
Tue, 15 Aug 2023	JP¥217.1b	JP¥324.9b	JP¥10.3b	10.4x	21.2x	0.7x

Current Industry PE

Investors are pessimistic on the Japanese Communications 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 17.5x which is lower than its 3-year average PE of 25.2x.

The industry is trading close to its 3-year average PS ratio of 0.68x.

Past Earnings Growth

The earnings for companies in the Communications industry have grown 12% per year over the last three years.
Meanwhile revenues for these companies have declined 2.9% per year.
This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

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


JP Market	1.75%
Tech	1.43%
Communications	2.41%
Communications Equipment	2.41%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
6835 Allied Telesis Holdings K.K	JP¥256.00	8.9% +JP¥2.2b	41.4%	PE7.8x
6838 Tamagawa Holdings	JP¥1.44k	11.4% +JP¥1.3b	84.9%	PE6.9x
6706 DKK	JP¥3.20k	3.7% +JP¥1.0b	43.9%	PE14.7x
4392 Future Innovation Group	JP¥900.00	2.9% +JP¥848.7m	198.0%	PE34.1x
6820 Icom	JP¥3.34k	1.7% +JP¥789.4m	12.8%	PE18x

New minor risk - Profit margin trend

The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.1% Last year net profit margin: 4.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (3.1% net profit margin). Market cap is less than US$100m (JP¥6.49b market cap, or US$39.9m).

Japanese (NIKKEI) Communications Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Earnings Report: Aiphone Co.,Ltd. Missed Revenue Estimates By 15%

Investor sentiment improves as stock rises 17%

First quarter 2027 earnings released: JP¥1.52 loss per share (vs JP¥3.00 loss in 1Q 2026)

New minor risk - Profit margin trend

Investor sentiment deteriorates as stock falls 16%

Final dividend of JP¥25.00 announced

Final dividend increased to JP¥50.00

TRaaS On Product Inc. to Report Q2, 2027 Results on Sep 10, 2026

New major risk - Revenue and earnings growth

Allied Telesis Holdings K.K. (TSE:6835) announces an Equity Buyback for 1,000,000 shares, representing 0.96% for ¥250 million.