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, 21 Aug 2026	JP¥28.4t	JP¥6.5t	JP¥999.7b	13.9x	28.4x	4.4x
Sun, 19 Jul 2026	JP¥26.7t	JP¥6.3t	JP¥931.5b	13.7x	28.6x	4.3x
Tue, 16 Jun 2026	JP¥27.8t	JP¥6.3t	JP¥928.8b	13.9x	29.9x	4.4x
Thu, 14 May 2026	JP¥28.8t	JP¥6.2t	JP¥901.7b	16x	31.9x	4.6x
Sat, 11 Apr 2026	JP¥24.2t	JP¥6.1t	JP¥853.7b	15.6x	28.4x	4x
Mon, 09 Mar 2026	JP¥23.9t	JP¥6.1t	JP¥853.4b	16x	28.1x	3.9x
Wed, 04 Feb 2026	JP¥21.9t	JP¥6.1t	JP¥850.8b	14.8x	25.8x	3.6x
Fri, 02 Jan 2026	JP¥21.4t	JP¥6.0t	JP¥841.2b	14.1x	25.4x	3.6x
Sun, 30 Nov 2025	JP¥20.5t	JP¥6.0t	JP¥841.3b	14x	24.3x	3.4x
Tue, 28 Oct 2025	JP¥22.4t	JP¥6.0t	JP¥823.1b	15.1x	27.3x	3.8x
Thu, 25 Sep 2025	JP¥20.7t	JP¥6.2t	JP¥818.8b	14.4x	25.3x	3.4x
Sat, 23 Aug 2025	JP¥20.6t	JP¥6.2t	JP¥818.8b	14x	25.2x	3.3x
Mon, 21 Jul 2025	JP¥20.0t	JP¥6.2t	JP¥828.1b	11.6x	24.1x	3.2x
Wed, 18 Jun 2025	JP¥20.2t	JP¥6.2t	JP¥826.0b	11.8x	24.5x	3.3x
Fri, 16 May 2025	JP¥21.4t	JP¥6.1t	JP¥839.8b	10.8x	25.5x	3.5x
Sun, 13 Apr 2025	JP¥19.1t	JP¥6.1t	JP¥842.8b	9.3x	22.7x	3.2x
Tue, 11 Mar 2025	JP¥20.8t	JP¥6.1t	JP¥839.2b	10.9x	24.7x	3.4x
Thu, 06 Feb 2025	JP¥21.2t	JP¥6.0t	JP¥811.4b	11.2x	26.1x	3.5x
Sat, 04 Jan 2025	JP¥22.1t	JP¥6.0t	JP¥795.3b	11.6x	27.8x	3.7x
Mon, 02 Dec 2024	JP¥21.8t	JP¥6.0t	JP¥795.3b	10.7x	27.5x	3.7x
Wed, 30 Oct 2024	JP¥22.3t	JP¥5.8t	JP¥775.6b	11.2x	28.8x	3.9x
Fri, 27 Sep 2024	JP¥23.6t	JP¥5.8t	JP¥778.3b	11.3x	30.3x	4x
Sun, 25 Aug 2024	JP¥23.6t	JP¥5.8t	JP¥776.3b	10.8x	30.3x	4.1x
Tue, 23 Jul 2024	JP¥23.6t	JP¥5.7t	JP¥769.5b	12.9x	30.6x	4.1x
Thu, 20 Jun 2024	JP¥22.5t	JP¥5.5t	JP¥748.4b	12.7x	30.1x	4.1x
Sat, 18 May 2024	JP¥23.7t	JP¥5.5t	JP¥751.8b	12.3x	31.5x	4.3x
Mon, 15 Apr 2024	JP¥21.8t	JP¥5.4t	JP¥734.1b	13.3x	29.7x	4x
Wed, 13 Mar 2024	JP¥22.7t	JP¥5.4t	JP¥734.7b	12.9x	30.9x	4.2x
Fri, 09 Feb 2024	JP¥21.3t	JP¥5.4t	JP¥716.8b	13.6x	29.7x	4x
Sun, 07 Jan 2024	JP¥19.8t	JP¥5.3t	JP¥699.1b	13.5x	28.4x	3.7x
Tue, 05 Dec 2023	JP¥20.3t	JP¥5.3t	JP¥699.4b	13.6x	29x	3.8x
Thu, 02 Nov 2023	JP¥19.3t	JP¥5.2t	JP¥683.5b	13.1x	28.2x	3.7x
Sat, 30 Sep 2023	JP¥18.5t	JP¥5.2t	JP¥690.2b	13.2x	26.9x	3.5x
Mon, 28 Aug 2023	JP¥19.6t	JP¥5.2t	JP¥690.4b	12.7x	28.4x	3.8x

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 4.4x.

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 7.4% 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	-2.79%
Tech	-3.65%
Electronic Equipment and Components	-5.56%
Electronic Equipment and Instruments	-7.89%
Electronic Manufacturing Services	-1.39%
Electronic Components	-3.79%
Technology Distributors	-5.14%

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
6862 MINATO HOLDINGS	JP¥3.62k	4.8% +JP¥1.2b	340.3%	PE5x
6814 Furuno Electric	JP¥7.76k	0.4% +JP¥948.3m	49.2%	PE13.6x
6522 Asterisk	JP¥2.02k	6.2% +JP¥941.5m	381.6%	PS10.5x
7859 Almedio	JP¥259.00	8.4% +JP¥400.7m	13.6%	PS2.2x
7723 Aichi Tokei Denki	JP¥2.85k	0.7% +JP¥306.8m	12.6%	PE12.1x

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

Now 21% overvalued after recent price rise

First quarter 2027 earnings: EPS and revenues miss analyst expectations

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Price target increased by 7.1% to JP¥95,367

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.

HORIBA, Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

First quarter 2027 earnings released: EPS: JP¥39.00 (vs JP¥26.01 loss in 1Q 2026)

Full year 2026 earnings released: EPS: JP¥3.31 (vs JP¥33.33 loss in FY 2025)

Price target increased by 14% to JP¥12,400

First quarter 2027 earnings released: EPS: JP¥10.07 (vs JP¥10.08 in 1Q 2026)

First quarter 2027 earnings released: JP¥6.04 loss per share (vs JP¥5.79 loss in 1Q 2026)

Results: Anritsu Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

First quarter 2027 earnings released: JP¥26.27 loss per share (vs JP¥50.19 profit in 1Q 2026)

Third quarter 2026 earnings released: JP¥0.25 loss per share (vs JP¥5.73 loss in 3Q 2025)

Second quarter 2026 earnings released: JP¥1.66 loss per share (vs JP¥4.21 profit in 2Q 2025)