Meiko Electronics (TSE:6787) Seems To Use Debt Quite Sensibly
Jan 13
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Japanese (NIKKEI) Electronic Equipment and Components Industry Analysis
UpdatedJan 13, 2026
DataAggregated Company Financials
Companies180
- 7D-1.2%
- 3M6.5%
- 1Y15.6%
- YTD-1.1%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 1.2%, driven by a pullback from TDK of 6.2%. This takes the industry's 12 month performance to a gain of 16%. As for the next few years, earnings are expected to grow by 12% per annum.
Industry Valuation and Performance
Has the Japanese Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 14 Jan 2026 | JP¥46.1t | JP¥27.1t | JP¥1.8t | 15x | 25.1x | 1.7x |
| Fri, 12 Dec 2025 | JP¥45.6t | JP¥27.1t | JP¥1.8t | 14.8x | 24.8x | 1.7x |
| Sun, 09 Nov 2025 | JP¥44.9t | JP¥27.1t | JP¥1.8t | 14.9x | 24.4x | 1.7x |
| Tue, 07 Oct 2025 | JP¥44.6t | JP¥26.7t | JP¥1.7t | 15x | 26.2x | 1.7x |
| Thu, 04 Sep 2025 | JP¥41.3t | JP¥26.9t | JP¥1.7t | 14.2x | 24.3x | 1.5x |
| Sat, 02 Aug 2025 | JP¥40.3t | JP¥26.9t | JP¥1.7t | 13.3x | 24.3x | 1.5x |
| Mon, 30 Jun 2025 | JP¥39.3t | JP¥26.9t | JP¥1.7t | 12.5x | 23.2x | 1.5x |
| Wed, 28 May 2025 | JP¥38.8t | JP¥26.9t | JP¥1.7t | 12x | 22.9x | 1.4x |
| Fri, 25 Apr 2025 | JP¥37.0t | JP¥26.2t | JP¥1.7t | 11.9x | 21.8x | 1.4x |
| Sun, 23 Mar 2025 | JP¥39.8t | JP¥26.1t | JP¥1.7t | 13x | 23.5x | 1.5x |
| Tue, 18 Feb 2025 | JP¥41.4t | JP¥26.2t | JP¥1.7t | 13.1x | 24.4x | 1.6x |
| Thu, 16 Jan 2025 | JP¥41.3t | JP¥26.2t | JP¥1.7t | 12.9x | 25x | 1.6x |
| Sat, 14 Dec 2024 | JP¥41.8t | JP¥26.0t | JP¥1.6t | 13.3x | 25.5x | 1.6x |
| Mon, 11 Nov 2024 | JP¥43.9t | JP¥26.0t | JP¥1.6t | 13.5x | 26.9x | 1.7x |
| Wed, 09 Oct 2024 | JP¥43.6t | JP¥25.8t | JP¥1.7t | 12.5x | 26.2x | 1.7x |
| Fri, 06 Sep 2024 | JP¥42.7t | JP¥25.8t | JP¥1.7t | 12.4x | 25.6x | 1.7x |
| Sun, 04 Aug 2024 | JP¥41.2t | JP¥25.7t | JP¥1.6t | 12.1x | 25.1x | 1.6x |
| Tue, 02 Jul 2024 | JP¥46.0t | JP¥25.4t | JP¥1.5t | 13.4x | 29.9x | 1.8x |
| Thu, 30 May 2024 | JP¥43.7t | JP¥25.5t | JP¥1.5t | 12.7x | 28.4x | 1.7x |
| Sat, 27 Apr 2024 | JP¥43.7t | JP¥25.4t | JP¥1.5t | 13.8x | 28.7x | 1.7x |
| Mon, 25 Mar 2024 | JP¥45.1t | JP¥25.8t | JP¥1.5t | 14.5x | 29.5x | 1.7x |
| Wed, 21 Feb 2024 | JP¥44.2t | JP¥25.8t | JP¥1.5t | 14x | 28.9x | 1.7x |
| Fri, 19 Jan 2024 | JP¥43.6t | JP¥26.3t | JP¥1.6t | 14.3x | 27.3x | 1.7x |
| Sun, 17 Dec 2023 | JP¥41.3t | JP¥26.3t | JP¥1.6t | 13.6x | 25.9x | 1.6x |
| Tue, 14 Nov 2023 | JP¥40.4t | JP¥26.3t | JP¥1.6t | 13.4x | 25.4x | 1.5x |
| Thu, 12 Oct 2023 | JP¥38.6t | JP¥26.4t | JP¥1.7t | 12.7x | 22.6x | 1.5x |
| Sat, 09 Sep 2023 | JP¥40.0t | JP¥26.4t | JP¥1.7t | 13.3x | 23.4x | 1.5x |
| Mon, 07 Aug 2023 | JP¥39.8t | JP¥26.3t | JP¥1.7t | 12x | 23.4x | 1.5x |
| Wed, 05 Jul 2023 | JP¥43.1t | JP¥26.3t | JP¥1.8t | 13x | 23.6x | 1.6x |
| Fri, 02 Jun 2023 | JP¥41.9t | JP¥26.3t | JP¥1.8t | 12.3x | 23x | 1.6x |
| Sun, 30 Apr 2023 | JP¥38.6t | JP¥26.0t | JP¥1.8t | 11.5x | 20.8x | 1.5x |
| Tue, 28 Mar 2023 | JP¥38.2t | JP¥26.0t | JP¥2.0t | 11.1x | 19.4x | 1.5x |
| Thu, 23 Feb 2023 | JP¥36.1t | JP¥26.0t | JP¥2.0t | 11.1x | 18.3x | 1.4x |
| Sat, 21 Jan 2023 | JP¥35.6t | JP¥25.3t | JP¥2.0t | 10.4x | 18.3x | 1.4x |
Price to Earnings Ratio
18.3x
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 24.6x.
- The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have declined 2.0% per year 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Japanese Tech industry?
| JP Market | -0.30% | |
| Tech | -0.34% | |
| Electronic Equipment and Components | -1.24% | |
| Electronic Equipment and Instruments | 0.48% | |
| Electronic Manufacturing Services | -0.16% | |
| Technology Distributors | -0.64% | |
| Electronic Components | -3.03% | |
Industry PE
- Investors are most optimistic about the Electronic Components industry, which is trading close to its 3-year average PE ratio of 25.8x.
- Analysts are expecting annual earnings growth of 16.1%, which is higher than its past year's earnings growth of 4.2% 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 8.7% 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 | |
|---|---|---|---|---|---|
| 6861 Keyence | JP¥58.39k | 2.2% +JP¥300.7b | -6.0% | PE34.6x | |
| 4062 IbidenLtd | JP¥7.27k | 3.7% +JP¥72.0b | 220.4% | PE57.6x | |
| 6856 HORIBA | JP¥17.14k | 4.2% +JP¥28.8b | 88.6% | PE19.1x | |
| 7701 Shimadzu | JP¥4.33k | 2.0% +JP¥24.8b | 1.1% | PE22.3x | |
| 5344 MaruwaLtd | JP¥45.80k | 4.0% +JP¥21.8b | -3.7% | PE31x |
