Narrative Update • Jul 30

In the last week, the Technology Distributors industry is up 4.2%, with Macnica Holdings leading the way, up 4.9%. In the last 12 months, the industry was up 52%. As for the next few years, earnings are expected to grow by 6.8% per annum.
Has the Japanese Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 17 Aug 2026 | JP¥3.9t | JP¥9.1t | JP¥286.0b | 14.2x | 13.8x | 0.4x |
| Wed, 15 Jul 2026 | JP¥3.4t | JP¥8.5t | JP¥258.8b | 13.3x | 13.2x | 0.4x |
| Fri, 12 Jun 2026 | JP¥3.4t | JP¥8.5t | JP¥258.9b | 12.9x | 13x | 0.4x |
| Sun, 10 May 2026 | JP¥3.3t | JP¥8.2t | JP¥237.0b | 13.4x | 14x | 0.4x |
| Tue, 07 Apr 2026 | JP¥3.0t | JP¥8.1t | JP¥231.2b | 12.2x | 12.9x | 0.4x |
| Thu, 05 Mar 2026 | JP¥3.1t | JP¥8.5t | JP¥236.6b | 12.9x | 12.9x | 0.4x |
| Sat, 31 Jan 2026 | JP¥3.1t | JP¥8.3t | JP¥229.1b | 13.4x | 13.6x | 0.4x |
| Mon, 29 Dec 2025 | JP¥3.1t | JP¥8.2t | JP¥224.8b | 12.7x | 13.6x | 0.4x |
| Wed, 26 Nov 2025 | JP¥2.9t | JP¥8.2t | JP¥224.6b | 11.4x | 13x | 0.4x |
| Fri, 24 Oct 2025 | JP¥2.8t | JP¥8.1t | JP¥211.9b | 12.5x | 13.3x | 0.4x |
| Sun, 21 Sep 2025 | JP¥2.8t | JP¥8.1t | JP¥212.2b | 13.1x | 13.4x | 0.4x |
| Tue, 19 Aug 2025 | JP¥2.7t | JP¥8.1t | JP¥212.6b | 12.8x | 12.9x | 0.3x |
| Thu, 17 Jul 2025 | JP¥2.5t | JP¥8.1t | JP¥221.4b | 10.8x | 11.4x | 0.3x |
| Sat, 14 Jun 2025 | JP¥2.5t | JP¥8.0t | JP¥220.6b | 10.7x | 11.2x | 0.3x |
| Mon, 12 May 2025 | JP¥2.4t | JP¥7.6t | JP¥206.7b | 11.1x | 11.6x | 0.3x |
| Wed, 09 Apr 2025 | JP¥2.2t | JP¥7.6t | JP¥214.5b | 10.3x | 10.1x | 0.3x |
| Fri, 07 Mar 2025 | JP¥2.5t | JP¥7.5t | JP¥214.0b | 11.7x | 11.6x | 0.3x |
| Sun, 02 Feb 2025 | JP¥2.5t | JP¥7.4t | JP¥197.6b | 11.8x | 12.8x | 0.3x |
| Tue, 31 Dec 2024 | JP¥2.5t | JP¥7.3t | JP¥197.5b | 11.3x | 12.7x | 0.3x |
| Thu, 28 Nov 2024 | JP¥2.4t | JP¥7.3t | JP¥197.6b | 12.3x | 12x | 0.3x |
| Sat, 26 Oct 2024 | JP¥2.4t | JP¥7.3t | JP¥212.4b | 11.3x | 11.3x | 0.3x |
| Mon, 23 Sep 2024 | JP¥2.6t | JP¥7.3t | JP¥212.7b | 11.2x | 12.2x | 0.4x |
| Wed, 21 Aug 2024 | JP¥2.6t | JP¥7.3t | JP¥212.5b | 11.4x | 12x | 0.4x |
| Fri, 19 Jul 2024 | JP¥2.8t | JP¥7.3t | JP¥212.3b | 12.1x | 13x | 0.4x |
| Sun, 16 Jun 2024 | JP¥2.8t | JP¥7.3t | JP¥212.1b | 11x | 13x | 0.4x |
| Tue, 14 May 2024 | JP¥2.8t | JP¥7.3t | JP¥213.4b | 12.8x | 12.9x | 0.4x |
| Thu, 11 Apr 2024 | JP¥2.9t | JP¥7.4t | JP¥213.1b | 11.7x | 13.7x | 0.4x |
| Sat, 09 Mar 2024 | JP¥3.0t | JP¥7.8t | JP¥226.9b | 11.6x | 13.2x | 0.4x |
| Mon, 05 Feb 2024 | JP¥3.1t | JP¥8.0t | JP¥245.9b | 12.9x | 12.7x | 0.4x |
| Wed, 03 Jan 2024 | JP¥2.9t | JP¥8.1t | JP¥252.4b | 12.1x | 11.6x | 0.4x |
| Fri, 01 Dec 2023 | JP¥2.8t | JP¥8.1t | JP¥252.5b | 11.2x | 11.3x | 0.4x |
| Sun, 29 Oct 2023 | JP¥2.7t | JP¥8.1t | JP¥247.8b | 10.4x | 10.9x | 0.3x |
| Tue, 26 Sep 2023 | JP¥2.7t | JP¥8.1t | JP¥248.6b | 10.3x | 11x | 0.3x |
| Thu, 24 Aug 2023 | JP¥2.6t | JP¥8.1t | JP¥248.7b | 9.6x | 10.4x | 0.3x |
10.4x
How does Japanese Technology Distributors compare with similar industries?
| JP Market | 2.94% | |
| Tech | 7.57% | |
| Electronic Equipment and Components | 6.07% | |
| Technology Distributors | 4.22% | |
| Electronic Components | 8.78% | |
| Electronic Manufacturing Services | 3.37% | |
| Electronic Equipment and Instruments | 2.89% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 3132 Macnica Holdings | JP¥3.80k | 4.9% +JP¥31.6b | 84.1% | PE20.2x | |
| 3156 Restar | JP¥5.51k | 24.8% +JP¥30.8b | 112.1% | PE12.1x | |
| 2737 Tomen Devices | JP¥31.40k | 9.0% +JP¥17.7b | 408.1% | PE9.2x | |
| 3107 Daiwabo Holdings | JP¥3.79k | 4.1% +JP¥12.8b | 23.5% | PE10.7x | |
| 8154 Kaga ElectronicsLtd | JP¥5.10k | 5.3% +JP¥12.2b | 59.4% | PE7.3x |