Japanese (NIKKEI) Electronic Equipment and Instruments Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 14 Aug 2026	JP¥30.8t	JP¥6.5t	JP¥1.0t	14.7x	30.6x	4.8x
Sun, 12 Jul 2026	JP¥28.6t	JP¥6.3t	JP¥928.8b	13.9x	30.7x	4.6x
Tue, 09 Jun 2026	JP¥27.5t	JP¥6.3t	JP¥928.8b	13.7x	29.7x	4.4x
Thu, 07 May 2026	JP¥27.7t	JP¥6.2t	JP¥885.7b	15.8x	31.3x	4.5x
Sat, 04 Apr 2026	JP¥22.5t	JP¥6.1t	JP¥853.4b	14.9x	26.4x	3.7x
Mon, 02 Mar 2026	JP¥25.4t	JP¥6.1t	JP¥853.4b	16.7x	29.8x	4.2x
Wed, 28 Jan 2026	JP¥22.2t	JP¥6.0t	JP¥840.5b	14.3x	26.5x	3.7x
Fri, 26 Dec 2025	JP¥21.6t	JP¥6.0t	JP¥841.2b	13.8x	25.7x	3.6x
Sun, 23 Nov 2025	JP¥20.5t	JP¥6.0t	JP¥841.3b	13.3x	24.4x	3.4x
Tue, 21 Oct 2025	JP¥21.2t	JP¥6.0t	JP¥822.4b	14.7x	25.7x	3.6x
Thu, 18 Sep 2025	JP¥20.8t	JP¥6.2t	JP¥818.8b	14.2x	25.4x	3.4x
Sat, 16 Aug 2025	JP¥20.3t	JP¥6.2t	JP¥819.2b	13.9x	24.8x	3.3x
Mon, 14 Jul 2025	JP¥19.9t	JP¥6.2t	JP¥828.4b	12x	24x	3.2x
Wed, 11 Jun 2025	JP¥20.8t	JP¥6.2t	JP¥826.0b	11.7x	25.2x	3.4x
Fri, 09 May 2025	JP¥21.4t	JP¥6.1t	JP¥853.2b	9.8x	25x	3.5x
Sun, 06 Apr 2025	JP¥18.8t	JP¥6.1t	JP¥839.3b	9.3x	22.4x	3.1x
Tue, 04 Mar 2025	JP¥20.6t	JP¥6.1t	JP¥839.2b	10.6x	24.5x	3.4x
Thu, 30 Jan 2025	JP¥23.1t	JP¥6.0t	JP¥797.8b	11.4x	29x	3.9x
Sat, 28 Dec 2024	JP¥22.2t	JP¥6.0t	JP¥795.3b	11.6x	27.9x	3.7x
Mon, 25 Nov 2024	JP¥22.2t	JP¥6.0t	JP¥795.1b	11.3x	27.9x	3.7x
Wed, 23 Oct 2024	JP¥22.0t	JP¥5.8t	JP¥776.1b	11.2x	28.3x	3.8x
Fri, 20 Sep 2024	JP¥21.9t	JP¥5.8t	JP¥778.3b	10.8x	28.2x	3.8x
Sun, 18 Aug 2024	JP¥22.2t	JP¥5.8t	JP¥769.4b	11x	28.8x	3.8x
Tue, 16 Jul 2024	JP¥24.6t	JP¥5.7t	JP¥770.1b	13.2x	31.9x	4.3x
Thu, 13 Jun 2024	JP¥23.0t	JP¥5.5t	JP¥748.4b	12.5x	30.7x	4.2x
Sat, 11 May 2024	JP¥23.1t	JP¥5.4t	JP¥729.3b	13.4x	31.7x	4.2x
Mon, 08 Apr 2024	JP¥21.6t	JP¥5.4t	JP¥734.5b	12.6x	29.4x	4x
Wed, 06 Mar 2024	JP¥24.0t	JP¥5.4t	JP¥734.7b	13.4x	32.7x	4.4x
Fri, 02 Feb 2024	JP¥21.7t	JP¥5.3t	JP¥701.7b	14.1x	30.9x	4.1x
Sun, 31 Dec 2023	JP¥20.3t	JP¥5.3t	JP¥699.1b	13.4x	29.1x	3.8x
Tue, 28 Nov 2023	JP¥20.2t	JP¥5.3t	JP¥699.4b	13.1x	28.8x	3.8x
Thu, 26 Oct 2023	JP¥17.7t	JP¥5.2t	JP¥691.0b	13x	25.7x	3.4x
Sat, 23 Sep 2023	JP¥18.7t	JP¥5.2t	JP¥690.4b	13.1x	27.1x	3.6x
Mon, 21 Aug 2023	JP¥19.4t	JP¥5.2t	JP¥690.4b	12.4x	28.2x	3.7x

Current Industry PE

Investors are relatively neutral on the Japanese Electronic Equipment and Instruments 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 27.8x.

The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 4.8x.

Past Earnings Growth

The earnings for companies in the Electronic Equipment and Instruments industry have grown 13% per year over the last three years.
Revenues for these companies have grown 7.2% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Japanese Electronic Equipment and Instruments compare with similar industries?


JP Market	2.71%
Tech	4.69%
Electronic Equipment and Components	4.63%
Electronic Equipment and Instruments	0.79%
Electronic Components	7.96%
Electronic Manufacturing Services	2.70%
Technology Distributors	1.47%

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
6861 Keyence	JP¥87.49k	2.8% +JP¥577.2b	57.8%	PE43.1x
7762 Citizen Watch	JP¥2.76k	15.5% +JP¥90.5b	179.8%	PE21.7x
6841 Yokogawa Electric	JP¥5.68k	4.9% +JP¥66.1b	31.6%	PE25.8x
7701 Shimadzu	JP¥4.22k	3.5% +JP¥41.0b	20.4%	PE18.5x
6951 JEOL	JP¥8.88k	6.9% +JP¥28.0b	89.2%	PE19.6x

Onto Innovation Inc. (NYSE:ONTO) completed the acquisition of 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $720 million.

Onto Innovation Inc. (NYSE:ONTO) signed a letter of intent to acquire 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $710 million on April 13, 2026. Onto Innovation Inc. entered into a definitive share purchase agreement 27% stake in Rigaku Holdings Corporation from Atom Investment, L.P. on April 20, 2026. Onto Innovation expects that the investment will be accretive as of December 31, 2026. As of May 19, 2026, Onto Innovation Inc. announced the pricing of its private offering of $1.3 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2031. Onto Innovation intends to use the net proceeds to fund for general corporate purposes, which may include financing the previously announced acquisition of 27% of the issued and outstanding shares of the common stock of Rigaku Holdings Corporation. The transaction is subject to upon completion of customary procedures including obtaining relevant regulatory approvals, expiration or termination of any waiting period applicable under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the absence of any law or order issued by any governmental authority preventing or making illegal consummation of the transaction the accuracy of the representations and warranties of, and compliance with covenants by, each of the parties to the Purchase Agreement. The expected completion of the transaction is Second half of 2026. Greenhill & Co., LLC act as financial advisor,Simpson Thacher & Bartlett LLP and Nishimura & Asahi act as legal advisor for Onto Innovation Inc. Morgan Stanley act as financial advisor,Nagashima Ohno & Tsunematsu and Latham & Watkins LLP act as legal advisor for Atom Investment, L.P, Mori Hamada & Matsumoto LPC act as legal advisor for Rigaku Holdings Corporation. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor to Atom Investments, L.P., an affiliate of The Carlyle Group. Onto Innovation Inc. (NYSE:ONTO) completed the acquisition of 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $720 million on August 10, 2026.

Japanese (NIKKEI) Electronic Equipment and Instruments Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

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Onto Innovation Inc. (NYSE:ONTO) completed the acquisition of 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $720 million.

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Final dividend increased to JP¥66.00