Narrative Update • Jul 30

Macnica Holdings is up 19%, leading the way for the Technology Distributors industry, which has gained 16%. Meanwhile, Tsuzuki Denki actually underperformed within the industry, shrinking 5.0% in the last week. This means that the industry has gained 49% over the past year. Earnings are forecast to grow by 7.4% annually.
Has the Japanese Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 07 Aug 2026 | JP¥3.8t | JP¥8.9t | JP¥275.2b | 14.9x | 13.9x | 0.4x |
| Sun, 05 Jul 2026 | JP¥3.5t | JP¥8.5t | JP¥258.8b | 13.7x | 13.4x | 0.4x |
| Tue, 02 Jun 2026 | JP¥3.4t | JP¥8.5t | JP¥258.9b | 13.7x | 13.2x | 0.4x |
| Thu, 30 Apr 2026 | JP¥3.2t | JP¥8.2t | JP¥236.1b | 12.8x | 13.5x | 0.4x |
| Sat, 28 Mar 2026 | JP¥3.1t | JP¥8.5t | JP¥236.5b | 12.7x | 13.1x | 0.4x |
| Mon, 23 Feb 2026 | JP¥3.2t | JP¥8.5t | JP¥236.6b | 12.9x | 13.6x | 0.4x |
| Wed, 21 Jan 2026 | JP¥3.1t | JP¥8.2t | JP¥224.8b | 13.6x | 13.8x | 0.4x |
| Fri, 19 Dec 2025 | JP¥3.0t | JP¥8.2t | JP¥224.7b | 12.4x | 13.4x | 0.4x |
| Sun, 16 Nov 2025 | JP¥2.9t | JP¥8.2t | JP¥224.7b | 11.6x | 12.9x | 0.4x |
| Tue, 14 Oct 2025 | JP¥2.7t | JP¥8.1t | JP¥212.2b | 12.5x | 12.8x | 0.3x |
| Thu, 11 Sep 2025 | JP¥2.8t | JP¥8.1t | JP¥212.2b | 13.2x | 13.4x | 0.3x |
| Sat, 09 Aug 2025 | JP¥2.7t | JP¥8.1t | JP¥219.0b | 11.5x | 12.5x | 0.3x |
| Mon, 07 Jul 2025 | JP¥2.5t | JP¥8.1t | JP¥220.9b | 10.7x | 11.3x | 0.3x |
| Wed, 04 Jun 2025 | JP¥2.4t | JP¥8.0t | JP¥220.6b | 10.7x | 11.1x | 0.3x |
| Fri, 02 May 2025 | JP¥2.4t | JP¥7.6t | JP¥213.9b | 10.9x | 11.1x | 0.3x |
| Sun, 30 Mar 2025 | JP¥2.5t | JP¥7.5t | JP¥214.3b | 12.1x | 11.6x | 0.3x |
| Tue, 25 Feb 2025 | JP¥2.5t | JP¥7.5t | JP¥214.0b | 11.6x | 11.5x | 0.3x |
| Thu, 23 Jan 2025 | JP¥2.5t | JP¥7.4t | JP¥198.0b | 11.3x | 12.5x | 0.3x |
| Sat, 21 Dec 2024 | JP¥2.4t | JP¥7.3t | JP¥197.6b | 11.3x | 12.4x | 0.3x |
| Mon, 18 Nov 2024 | JP¥2.5t | JP¥7.3t | JP¥199.4b | 12.1x | 12.3x | 0.3x |
| Wed, 16 Oct 2024 | JP¥2.5t | JP¥7.3t | JP¥212.7b | 11x | 12x | 0.4x |
| Fri, 13 Sep 2024 | JP¥2.6t | JP¥7.3t | JP¥212.6b | 10.8x | 12.1x | 0.4x |
| Sun, 11 Aug 2024 | JP¥2.4t | JP¥7.2t | JP¥211.2b | 10.6x | 11.4x | 0.3x |
| Tue, 09 Jul 2024 | JP¥2.8t | JP¥7.3t | JP¥212.2b | 12.4x | 13.2x | 0.4x |
| Thu, 06 Jun 2024 | JP¥2.7t | JP¥7.3t | JP¥212.1b | 10.8x | 12.8x | 0.4x |
| Sat, 04 May 2024 | JP¥2.8t | JP¥7.4t | JP¥212.1b | 12.8x | 13.1x | 0.4x |
| Mon, 01 Apr 2024 | JP¥2.8t | JP¥7.4t | JP¥213.1b | 11.8x | 13x | 0.4x |
| Wed, 28 Feb 2024 | JP¥3.0t | JP¥7.8t | JP¥226.9b | 12.1x | 13.4x | 0.4x |
| Fri, 26 Jan 2024 | JP¥3.2t | JP¥8.1t | JP¥252.3b | 12.6x | 12.6x | 0.4x |
| Sun, 24 Dec 2023 | JP¥2.9t | JP¥8.1t | JP¥252.5b | 11.5x | 11.5x | 0.4x |
| Tue, 21 Nov 2023 | JP¥2.7t | JP¥8.1t | JP¥252.5b | 10.8x | 10.8x | 0.3x |
| Thu, 19 Oct 2023 | JP¥2.7t | JP¥8.1t | JP¥247.9b | 10.1x | 11.1x | 0.3x |
| Sat, 16 Sep 2023 | JP¥2.7t | JP¥8.1t | JP¥248.6b | 10.3x | 10.9x | 0.3x |
| Mon, 14 Aug 2023 | JP¥2.6t | JP¥8.1t | JP¥248.7b | 9.7x | 10.4x | 0.3x |
10.4x
How does Japanese Technology Distributors compare with similar industries?
| JP Market | 2.77% | |
| Tech | 10.31% | |
| Electronic Equipment and Components | 11.83% | |
| Technology Distributors | 11.78% | |
| Electronic Components | 15.22% | |
| Electronic Manufacturing Services | 12.02% | |
| Electronic Equipment and Instruments | 7.81% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 3132 Macnica Holdings | JP¥3.62k | 9.8% +JP¥57.5b | 69.6% | PE19.2x | |
| 2737 Tomen Devices | JP¥28.86k | 36.5% +JP¥52.4b | 379.4% | PE8.4x | |
| 7609 Daitron | JP¥4.24k | 27.6% +JP¥19.4b | 109.1% | PE15.1x | |
| 8159 Tachibana Eletech | JP¥4.10k | 18.5% +JP¥14.1b | 42.5% | PE10.5x | |
| 8060 Canon Marketing Japan | JP¥3.66k | 1.6% +JP¥12.2b | 28.3% | PE16.7x |