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Japanese (NIKKEI) Electronic Equipment and Components Industry Analysis

UpdatedJan 20, 2026
DataAggregated Company Financials
Companies179
  • 7D4.5%
  • 3M6.9%
  • 1Y16.3%
  • YTD3.4%

Over the last 7 days, the Electronic Equipment and Components industry has risen 4.5%, driven by gains from Keyence of 4.0%. During this same period, the TDK underperformed, falling 6.0%. This takes the industry's 12 month performance to a gain of 16%. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Japanese Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Jan 2026JP¥48.0tJP¥27.1tJP¥1.8t15.7x26.1x1.8x
Fri, 19 Dec 2025JP¥45.0tJP¥27.1tJP¥1.8t14.5x24.5x1.7x
Sun, 16 Nov 2025JP¥45.2tJP¥27.1tJP¥1.8t14.7x24.5x1.7x
Tue, 14 Oct 2025JP¥44.0tJP¥26.7tJP¥1.7t14.3x25.8x1.7x
Thu, 11 Sep 2025JP¥41.7tJP¥26.9tJP¥1.7t14.4x24.5x1.5x
Sat, 09 Aug 2025JP¥40.5tJP¥27.0tJP¥1.6t13.5x24.7x1.5x
Mon, 07 Jul 2025JP¥38.5tJP¥26.9tJP¥1.7t12.2x22.7x1.4x
Wed, 04 Jun 2025JP¥38.2tJP¥26.9tJP¥1.7t11.9x22.5x1.4x
Fri, 02 May 2025JP¥37.9tJP¥26.3tJP¥1.8t11.9x21.6x1.4x
Sun, 30 Mar 2025JP¥39.1tJP¥26.1tJP¥1.7t12.6x23.1x1.5x
Tue, 25 Feb 2025JP¥40.7tJP¥26.2tJP¥1.7t12.8x24x1.6x
Thu, 23 Jan 2025JP¥42.7tJP¥26.2tJP¥1.7t12.9x25.8x1.6x
Sat, 21 Dec 2024JP¥41.6tJP¥26.1tJP¥1.6t13.2x25.4x1.6x
Mon, 18 Nov 2024JP¥42.3tJP¥26.0tJP¥1.6t13.3x25.8x1.6x
Wed, 16 Oct 2024JP¥44.2tJP¥25.8tJP¥1.7t12.6x26.6x1.7x
Fri, 13 Sep 2024JP¥42.3tJP¥25.8tJP¥1.7t12.2x25.4x1.6x
Sun, 11 Aug 2024JP¥39.8tJP¥25.7tJP¥1.6t11.6x24.4x1.5x
Tue, 09 Jul 2024JP¥48.1tJP¥25.6tJP¥1.6t13.4x30.8x1.9x
Thu, 06 Jun 2024JP¥44.2tJP¥25.4tJP¥1.5t12.7x28.8x1.7x
Sat, 04 May 2024JP¥43.3tJP¥25.5tJP¥1.5t13.9x28.2x1.7x
Mon, 01 Apr 2024JP¥43.9tJP¥25.4tJP¥1.5t14.5x29x1.7x
Wed, 28 Feb 2024JP¥45.3tJP¥25.8tJP¥1.5t14.1x29.7x1.8x
Fri, 26 Jan 2024JP¥44.3tJP¥26.3tJP¥1.6t14.8x27.7x1.7x
Sun, 24 Dec 2023JP¥41.3tJP¥26.3tJP¥1.6t13.9x25.9x1.6x
Tue, 21 Nov 2023JP¥41.1tJP¥26.3tJP¥1.6t13.6x25.8x1.6x
Thu, 19 Oct 2023JP¥39.0tJP¥26.4tJP¥1.7t13x22.9x1.5x
Sat, 16 Sep 2023JP¥39.9tJP¥26.4tJP¥1.7t13.3x23.3x1.5x
Mon, 14 Aug 2023JP¥39.9tJP¥26.4tJP¥1.7t12.2x23.3x1.5x
Wed, 12 Jul 2023JP¥41.5tJP¥26.3tJP¥1.8t12.6x22.8x1.6x
Fri, 09 Jun 2023JP¥41.7tJP¥26.3tJP¥1.8t12.2x22.9x1.6x
Sun, 07 May 2023JP¥39.5tJP¥26.0tJP¥1.9t11.7x21.3x1.5x
Tue, 04 Apr 2023JP¥39.2tJP¥26.0tJP¥2.0t11.4x19.9x1.5x
Thu, 02 Mar 2023JP¥37.3tJP¥26.0tJP¥2.0t11.1x18.9x1.4x
Sat, 28 Jan 2023JP¥37.0tJP¥25.3tJP¥2.0t10.8x18.9x1.5x
Price to Earnings Ratio

18.9x


Total Market Cap: JP¥37.0tTotal Earnings: JP¥2.0tTotal Revenue: JP¥25.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Electronic Equipment and Components Industry Price to Earnings3Y Average 24.7x202420252026
Current Industry PE
  • Investors are relatively neutral on the Japanese Electronic industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 24.7x.
  • 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 Electronic industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 2.3% 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 industry?

JP Market3.73%
Tech6.06%
Electronic Equipment and Components4.54%
Electronic Equipment and Instruments5.40%
Electronic Components4.06%
Electronic Manufacturing Services2.54%
Technology Distributors1.78%
Industry PE
  • Investors are most optimistic about the Electronic Components industry, which is trading close to its 3-year average PE ratio of 25.9x.
    • Analysts are expecting annual earnings growth of 16.2%, which is higher than its past year's earnings growth of 5.4% per year.
  • Investors are most pessimistic about the Technology Distributors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.7x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 39% over the next 5 years.
  • This is better than its past earnings decline of 36% per year.
  • In contrast, the Electronic Equipment and Instruments industry is expected to see its earnings grow by 8.8% 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
6861 KeyenceJP¥60.70k4.0%
+JP¥560.2b		-9.6%PE36x
4062 IbidenLtdJP¥7.93k9.1%
+JP¥184.9b		224.8%PE62.8x
6971 KyoceraJP¥2.30k1.3%
+JP¥41.2b		42.5%PE71.1x
5344 MaruwaLtdJP¥48.13k5.1%
+JP¥28.7b		-2.4%PE32.6x
5214 Nippon Electric GlassJP¥6.60k5.6%
+JP¥26.5b		96.0%PS1.6x

Latest News

6971
JP¥2,295.50
Kyocera
7D
1.3%
1Y
42.5%

These 4 Measures Indicate That Kyocera (TSE:6971) Is Using Debt Reasonably Well

Jan 21
These 4 Measures Indicate That Kyocera (TSE:6971) Is Using Debt Reasonably Well
6951
JP¥5,809.00
JEOL
7D
9.0%
1Y
-0.2%
4062
JP¥7,932.00
IbidenLtd
7D
9.1%
1Y
224.8%
6787
JP¥9,330.00
Meiko Electronics
7D
-7.3%
1Y
5.5%

Meiko Electronics (TSE:6787) Seems To Use Debt Quite Sensibly

Jan 13
Meiko Electronics (TSE:6787) Seems To Use Debt Quite Sensibly
8060
JP¥6,791.00
Canon Marketing Japan
7D
-2.5%
1Y
40.5%

Here's Why Canon Marketing Japan (TSE:8060) Has Caught The Eye Of Investors

Jan 13
Here's Why Canon Marketing Japan (TSE:8060) Has Caught The Eye Of Investors
6814
JP¥7,740.00
Furuno Electric
7D
-4.7%
1Y
172.7%
7746
JP¥1,170.00
Okamoto Glass
7D
133.5%
1Y
553.6%

Revenues Not Telling The Story For Okamoto Glass Co., Ltd. (TSE:7746) After Shares Rise 36%

Jan 07
Revenues Not Telling The Story For Okamoto Glass Co., Ltd. (TSE:7746) After Shares Rise 36%
6762
JP¥1,980.50
TDK
7D
-5.8%
1Y
5.9%

6762: Raised Guidance And Battery Collaboration Will Support Future Upside Potential

Analysts have lifted their fair value estimate for TDK from ¥2,480 to ¥3,200, citing updated assumptions for revenue growth, profit margins and future P/E, even as the stock was recently removed from a conviction list. Analyst Commentary Even with the recent removal of TDK from a major APAC Conviction List, recent fair value work suggests that some research desks still see room for upside if the company delivers on updated revenue and margin assumptions.
7701
JP¥4,263.00
Shimadzu
7D
-1.6%
1Y
-2.0%

Earnings Not Telling The Story For Shimadzu Corporation (TSE:7701)

Jan 06
Earnings Not Telling The Story For Shimadzu Corporation (TSE:7701)
6861
JP¥60,700.00
Keyence
7D
4.0%
1Y
-9.6%

Keyence Corporation's (TSE:6861) Popularity With Investors Is Under Threat From Overpricing

Jan 03
Keyence Corporation's (TSE:6861) Popularity With Investors Is Under Threat From Overpricing
6856
JP¥17,640.00
HORIBA
7D
2.9%
1Y
90.4%

HORIBA (TSE:6856) Is Increasing Its Dividend To ¥210.00

Dec 27
HORIBA (TSE:6856) Is Increasing Its Dividend To ¥210.00
5214
JP¥6,602.00
Nippon Electric Glass
7D
5.6%
1Y
96.0%
5344
JP¥48,130.00
MaruwaLtd
7D
5.1%
1Y
-2.4%
6845
JP¥1,393.50
Azbil
7D
-2.5%
1Y
17.6%
8154
JP¥3,850.00
Kaga ElectronicsLtd
7D
-2.4%
1Y
41.9%
6770
JP¥1,951.00
Alps Alpine
7D
-1.6%
1Y
25.0%