Narrative Update • Jul 30

Over the last 7 days, the Technology Distributors industry has risen 2.5%, driven by gains from Tomen Devices of 56%. During this same period, the Macnica Holdings underperformed, falling 8.9%. This means that the industry has gained 39% over the past year. Earnings are forecast to grow by 7.0% annually.
Has the Japanese Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 04 Aug 2026 | JP¥3.6t | JP¥8.9t | JP¥273.2b | 13.5x | 13x | 0.4x |
| Thu, 02 Jul 2026 | JP¥3.4t | JP¥8.5t | JP¥258.9b | 13.7x | 13.2x | 0.4x |
| Sat, 30 May 2026 | JP¥3.4t | JP¥8.5t | JP¥258.9b | 13.7x | 13.2x | 0.4x |
| Mon, 27 Apr 2026 | JP¥3.2t | JP¥8.2t | JP¥237.0b | 12.3x | 13.3x | 0.4x |
| Wed, 25 Mar 2026 | JP¥3.0t | JP¥8.5t | JP¥236.6b | 12.6x | 12.9x | 0.4x |
| Fri, 20 Feb 2026 | JP¥3.2t | JP¥8.5t | JP¥236.6b | 13.3x | 13.7x | 0.4x |
| Sun, 18 Jan 2026 | JP¥3.2t | JP¥8.2t | JP¥224.8b | 13.6x | 14.1x | 0.4x |
| Tue, 16 Dec 2025 | JP¥3.1t | JP¥8.2t | JP¥224.7b | 12.2x | 13.6x | 0.4x |
| Thu, 13 Nov 2025 | JP¥2.9t | JP¥8.2t | JP¥223.9b | 11.5x | 13.1x | 0.4x |
| Sat, 11 Oct 2025 | JP¥2.7t | JP¥8.1t | JP¥212.2b | 12.5x | 12.8x | 0.3x |
| Mon, 08 Sep 2025 | JP¥2.8t | JP¥8.1t | JP¥212.2b | 13.4x | 13.2x | 0.3x |
| Wed, 06 Aug 2025 | JP¥2.7t | JP¥8.0t | JP¥215.1b | 11.3x | 12.4x | 0.3x |
| Fri, 04 Jul 2025 | JP¥2.5t | JP¥8.0t | JP¥220.7b | 10.7x | 11.4x | 0.3x |
| Sun, 01 Jun 2025 | JP¥2.5t | JP¥8.0t | JP¥220.6b | 10.8x | 11.2x | 0.3x |
| Tue, 29 Apr 2025 | JP¥2.4t | JP¥7.6t | JP¥213.2b | 11.1x | 11.2x | 0.3x |
| Thu, 27 Mar 2025 | JP¥2.5t | JP¥7.5t | JP¥214.3b | 12.5x | 11.7x | 0.3x |
| Sat, 22 Feb 2025 | JP¥2.5t | JP¥7.5t | JP¥214.0b | 11.6x | 11.5x | 0.3x |
| Mon, 20 Jan 2025 | JP¥2.4t | JP¥7.4t | JP¥198.0b | 11.1x | 12.3x | 0.3x |
| Wed, 18 Dec 2024 | JP¥2.4t | JP¥7.1t | JP¥194.1b | 11.7x | 12.5x | 0.3x |
| Fri, 15 Nov 2024 | JP¥2.4t | JP¥7.3t | JP¥199.3b | 12.1x | 12.2x | 0.3x |
| Sun, 13 Oct 2024 | JP¥2.5t | JP¥7.3t | JP¥212.7b | 11.1x | 11.8x | 0.3x |
| Tue, 10 Sep 2024 | JP¥2.6t | JP¥7.3t | JP¥212.6b | 10.8x | 12.1x | 0.4x |
| Thu, 08 Aug 2024 | JP¥2.4t | JP¥7.2t | JP¥212.0b | 9.7x | 11.4x | 0.3x |
| Sat, 06 Jul 2024 | JP¥2.8t | JP¥7.3t | JP¥212.1b | 12.4x | 13.3x | 0.4x |
| Mon, 03 Jun 2024 | JP¥2.8t | JP¥7.3t | JP¥213.1b | 11.3x | 12.9x | 0.4x |
| Wed, 01 May 2024 | JP¥2.8t | JP¥7.4t | JP¥213.1b | 12.2x | 13.3x | 0.4x |
| Fri, 29 Mar 2024 | JP¥3.0t | JP¥7.8t | JP¥226.9b | 11.7x | 13x | 0.4x |
| Sun, 25 Feb 2024 | JP¥3.0t | JP¥7.8t | JP¥226.9b | 11.8x | 13.4x | 0.4x |
| Tue, 23 Jan 2024 | JP¥3.2t | JP¥8.1t | JP¥252.3b | 12.2x | 12.7x | 0.4x |
| Thu, 21 Dec 2023 | JP¥2.9t | JP¥8.1t | JP¥252.5b | 11.4x | 11.5x | 0.4x |
| Sat, 18 Nov 2023 | JP¥2.8t | JP¥8.1t | JP¥252.2b | 11x | 10.9x | 0.3x |
| Mon, 16 Oct 2023 | JP¥2.7t | JP¥8.1t | JP¥247.9b | 10.1x | 11.1x | 0.3x |
| Wed, 13 Sep 2023 | JP¥2.7t | JP¥8.1t | JP¥248.6b | 10.4x | 11x | 0.3x |
| Fri, 11 Aug 2023 | JP¥2.6t | JP¥8.1t | JP¥248.9b | 9.7x | 10.4x | 0.3x |
10.4x
How does Japanese Technology Distributors compare with similar industries?
| JP Market | -2.54% | |
| Tech | -3.64% | |
| Electronic Equipment and Components | -2.24% | |
| Technology Distributors | 1.75% | |
| Electronic Equipment and Instruments | 4.35% | |
| Electronic Manufacturing Services | -1.05% | |
| Electronic Components | -7.25% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2737 Tomen Devices | JP¥31.15k | 106.4% +JP¥109.2b | 424.4% | PE9.1x | |
| 3132 Macnica Holdings | JP¥3.45k | 11.9% +JP¥65.5b | 69.8% | PE18.3x | |
| 8154 Kaga ElectronicsLtd | JP¥4.76k | 9.8% +JP¥20.3b | 64.2% | PE7.3x | |
| 7609 Daitron | JP¥4.17k | 26.8% +JP¥18.5b | 116.4% | PE15.6x | |
| 3156 Restar | JP¥4.32k | 17.3% +JP¥17.9b | 57.3% | PE15.8x |