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, 24 Jul 2026	JP¥27.3t	JP¥6.3t	JP¥931.5b	14.6x	29.3x	4.4x
Sun, 21 Jun 2026	JP¥28.9t	JP¥6.3t	JP¥928.8b	15.1x	31.1x	4.6x
Tue, 19 May 2026	JP¥28.2t	JP¥6.3t	JP¥918.1b	15x	30.7x	4.5x
Thu, 16 Apr 2026	JP¥24.3t	JP¥6.1t	JP¥853.6b	15.6x	28.4x	4x
Sat, 14 Mar 2026	JP¥23.5t	JP¥6.1t	JP¥853.4b	15.1x	27.5x	3.8x
Mon, 09 Feb 2026	JP¥21.0t	JP¥6.1t	JP¥850.3b	14.9x	24.7x	3.5x
Wed, 07 Jan 2026	JP¥21.6t	JP¥6.0t	JP¥841.2b	14.3x	25.7x	3.6x
Fri, 05 Dec 2025	JP¥21.1t	JP¥6.0t	JP¥841.2b	13.7x	25.1x	3.5x
Sun, 02 Nov 2025	JP¥21.3t	JP¥6.0t	JP¥836.9b	15.6x	25.5x	3.6x
Tue, 30 Sep 2025	JP¥20.2t	JP¥6.2t	JP¥818.8b	14.2x	24.7x	3.3x
Thu, 28 Aug 2025	JP¥20.7t	JP¥6.2t	JP¥818.8b	14x	25.3x	3.4x
Sat, 26 Jul 2025	JP¥20.5t	JP¥6.2t	JP¥828.1b	11.9x	24.8x	3.3x
Mon, 23 Jun 2025	JP¥20.0t	JP¥6.2t	JP¥826.0b	11.8x	24.2x	3.2x
Wed, 21 May 2025	JP¥21.3t	JP¥6.1t	JP¥824.5b	11.8x	25.9x	3.5x
Fri, 18 Apr 2025	JP¥19.6t	JP¥6.1t	JP¥843.1b	9.6x	23.3x	3.2x
Sun, 16 Mar 2025	JP¥21.0t	JP¥6.1t	JP¥839.2b	10.8x	25x	3.5x
Tue, 11 Feb 2025	JP¥21.3t	JP¥6.0t	JP¥826.3b	11.4x	25.7x	3.5x
Thu, 09 Jan 2025	JP¥22.0t	JP¥6.0t	JP¥795.3b	11.6x	27.7x	3.7x
Sat, 07 Dec 2024	JP¥22.0t	JP¥6.0t	JP¥795.0b	11.4x	27.6x	3.7x
Mon, 04 Nov 2024	JP¥22.6t	JP¥5.8t	JP¥777.9b	11.4x	29x	3.9x
Wed, 02 Oct 2024	JP¥23.1t	JP¥5.8t	JP¥778.4b	11.1x	29.6x	4x
Fri, 30 Aug 2024	JP¥23.5t	JP¥5.8t	JP¥776.3b	11.1x	30.3x	4.1x
Sun, 28 Jul 2024	JP¥22.1t	JP¥5.7t	JP¥770.8b	12.3x	28.7x	3.9x
Tue, 25 Jun 2024	JP¥22.8t	JP¥5.5t	JP¥748.4b	12.4x	30.4x	4.1x
Thu, 23 May 2024	JP¥23.4t	JP¥5.5t	JP¥748.4b	12.3x	31.3x	4.3x
Sat, 20 Apr 2024	JP¥21.6t	JP¥5.4t	JP¥733.7b	13x	29.5x	4x
Mon, 18 Mar 2024	JP¥22.5t	JP¥5.4t	JP¥734.7b	12.8x	30.6x	4.2x
Wed, 14 Feb 2024	JP¥21.9t	JP¥5.4t	JP¥726.2b	13.1x	30.2x	4.1x
Fri, 12 Jan 2024	JP¥21.1t	JP¥5.3t	JP¥699.1b	13.6x	30.2x	4x
Sun, 10 Dec 2023	JP¥19.6t	JP¥5.3t	JP¥699.4b	13.2x	28x	3.7x
Tue, 07 Nov 2023	JP¥20.1t	JP¥5.2t	JP¥684.9b	13.1x	29.4x	3.8x
Thu, 05 Oct 2023	JP¥18.5t	JP¥5.2t	JP¥690.2b	12.5x	26.9x	3.5x
Sat, 02 Sep 2023	JP¥19.9t	JP¥5.2t	JP¥690.4b	13x	28.8x	3.8x
Mon, 31 Jul 2023	JP¥21.3t	JP¥5.2t	JP¥660.4b	13.7x	32.2x	4.1x

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 4.3x.

Past Earnings Growth

The earnings for companies in the Electronic Equipment and Instruments industry have grown 12% per year over the last three years.
Revenues for these companies have grown 6.7% 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	0.44%
Tech	-1.25%
Electronic Equipment and Components	0.08%
Electronic Equipment and Instruments	-1.82%
Electronic Manufacturing Services	2.68%
Technology Distributors	1.42%
Electronic Components	1.27%

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¥71.93k	1.5% +JP¥254.7b	24.7%	PE39.2x
6841 Yokogawa Electric	JP¥5.80k	6.0% +JP¥82.4b	44.6%	PE25x
6856 HORIBA	JP¥26.49k	3.9% +JP¥41.6b	137.7%	PE29.6x
6754 Anritsu	JP¥3.95k	8.1% +JP¥38.0b	118.2%	PE43.3x
6703 Oki Electric Industry	JP¥3.37k	10.0% +JP¥26.5b	113.1%	PE13.6x

New minor risk - Dividend sustainability

The dividend is not well covered by cash flows. Cash payout ratio: 92% Dividend yield: 1.9% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (92% cash payout ratio). Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results.

Japanese (NIKKEI) Electronic Equipment and Instruments Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

New minor risk - Share price stability

High number of new directors

First quarter 2027 earnings released: EPS: JP¥7.96 (vs JP¥1.12 in 1Q 2026)

Furuno Electric Q1 Operating Profit Jumps 65% on Ship Construction Demand

Price target increased by 8.6% to JP¥4,109

New minor risk - Dividend sustainability

Now 22% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 19%

Now 20% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 16%

Keyence Corporation to Report Q1, 2027 Results on Jul 28, 2026

LECIP Holdings Corporation to Report Q1, 2027 Results on Aug 07, 2026

Yokogawa Electric Corporation to Report Q1, 2027 Results on Aug 04, 2026

Shimadzu Corporation to Report Q1, 2027 Results on Aug 06, 2026

Almedio Inc. to Report Q3, 2027 Results on Feb 03, 2027

KUBOTEK Corporation to Report Q1, 2027 Results on Aug 07, 2026