Japanese (NIKKEI) Technology Distributors Industry Analysis

Industry Valuation and Performance

Has the Japanese Technology Distributors Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 15 May 2026	JP¥3.4t	JP¥8.3t	JP¥247.0b	13.6x	13.9x	0.4x
Sun, 12 Apr 2026	JP¥3.0t	JP¥8.1t	JP¥231.2b	12.1x	13.1x	0.4x
Tue, 10 Mar 2026	JP¥3.1t	JP¥8.5t	JP¥236.6b	13.4x	12.9x	0.4x
Thu, 05 Feb 2026	JP¥3.1t	JP¥8.4t	JP¥230.9b	13.1x	13.5x	0.4x
Sat, 03 Jan 2026	JP¥3.1t	JP¥8.2t	JP¥224.8b	12.8x	13.6x	0.4x
Mon, 01 Dec 2025	JP¥3.0t	JP¥8.2t	JP¥224.6b	11.8x	13.3x	0.4x
Wed, 29 Oct 2025	JP¥2.8t	JP¥8.1t	JP¥212.2b	12.5x	13.4x	0.3x
Fri, 26 Sep 2025	JP¥2.8t	JP¥8.1t	JP¥211.5b	13.3x	13.5x	0.4x
Sun, 24 Aug 2025	JP¥2.8t	JP¥8.1t	JP¥212.6b	13.1x	13x	0.3x
Tue, 22 Jul 2025	JP¥2.5t	JP¥8.1t	JP¥221.4b	10.7x	11.5x	0.3x
Thu, 19 Jun 2025	JP¥2.5t	JP¥8.0t	JP¥220.6b	10.8x	11.4x	0.3x
Sat, 17 May 2025	JP¥2.4t	JP¥7.6t	JP¥208.1b	10.3x	11.6x	0.3x
Mon, 14 Apr 2025	JP¥2.2t	JP¥7.6t	JP¥214.5b	10.2x	10.4x	0.3x
Wed, 12 Mar 2025	JP¥2.5t	JP¥7.5t	JP¥214.0b	11.6x	11.5x	0.3x
Fri, 07 Feb 2025	JP¥2.5t	JP¥7.4t	JP¥196.4b	11.6x	12.7x	0.3x
Sun, 05 Jan 2025	JP¥2.5t	JP¥7.3t	JP¥197.5b	11.3x	12.7x	0.3x
Tue, 03 Dec 2024	JP¥2.4t	JP¥7.3t	JP¥197.6b	12.1x	12.2x	0.3x
Thu, 31 Oct 2024	JP¥2.4t	JP¥7.3t	JP¥207.3b	11.6x	11.6x	0.3x
Sat, 28 Sep 2024	JP¥2.7t	JP¥7.3t	JP¥212.7b	11.2x	12.5x	0.4x
Mon, 26 Aug 2024	JP¥2.6t	JP¥7.3t	JP¥212.6b	11.4x	12.2x	0.4x
Wed, 24 Jul 2024	JP¥2.7t	JP¥7.3t	JP¥212.3b	12x	12.8x	0.4x
Fri, 21 Jun 2024	JP¥2.8t	JP¥7.3t	JP¥212.1b	11.2x	13x	0.4x
Sun, 19 May 2024	JP¥2.7t	JP¥7.3t	JP¥214.2b	11.5x	12.8x	0.4x
Tue, 16 Apr 2024	JP¥2.9t	JP¥7.4t	JP¥213.3b	11.5x	13.5x	0.4x
Thu, 14 Mar 2024	JP¥2.9t	JP¥7.8t	JP¥226.9b	11.4x	12.8x	0.4x
Sat, 10 Feb 2024	JP¥3.0t	JP¥7.8t	JP¥241.1b	12.2x	12.3x	0.4x
Mon, 08 Jan 2024	JP¥2.9t	JP¥8.1t	JP¥252.4b	12.3x	11.6x	0.4x
Wed, 06 Dec 2023	JP¥2.8t	JP¥8.1t	JP¥252.5b	11.2x	11.1x	0.3x
Fri, 03 Nov 2023	JP¥2.7t	JP¥8.1t	JP¥251.7b	10.5x	10.5x	0.3x
Sun, 01 Oct 2023	JP¥2.7t	JP¥8.1t	JP¥248.6b	10.5x	10.9x	0.3x
Tue, 29 Aug 2023	JP¥2.6t	JP¥8.1t	JP¥248.7b	9.9x	10.6x	0.3x
Thu, 27 Jul 2023	JP¥2.6t	JP¥8.0t	JP¥247.9b	10.1x	10.4x	0.3x
Sat, 24 Jun 2023	JP¥2.5t	JP¥8.0t	JP¥247.6b	10.1x	10.3x	0.3x
Mon, 22 May 2023	JP¥2.3t	JP¥8.0t	JP¥243.3b	9.2x	9.6x	0.3x

Current Industry PE

Investors are optimistic on the Japanese Technology Distributors industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 13.9x which is higher than its 3-year average PE of 12.2x.

The industry is trading close to its 3-year average PS ratio of 0.35x.

Past Earnings Growth

Both revenue and earnings for companies in the Technology Distributors industry have remained mostly flat over the last three years.
This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Comparison

How does Japanese Technology Distributors compare with similar industries?


JP Market	0.85%
Tech	2.03%
Electronic Equipment and Components	3.24%
Technology Distributors	5.32%
Electronic Components	7.66%
Electronic Manufacturing Services	3.36%
Electronic Equipment and Instruments	-2.07%

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
3132 Macnica Holdings	JP¥3.24k	17.2% +JP¥85.0b	85.0%	PE20.8x
3156 Restar	JP¥3.47k	16.5% +JP¥13.8b	48.4%	PE16.6x
2760 Tokyo Electron Device	JP¥4.15k	12.0% +JP¥13.1b	41.8%	PE15.6x
7537 Marubun	JP¥1.58k	29.3% +JP¥9.4b	60.0%	PE12.6x
9880 Innotech	JP¥3.84k	19.3% +JP¥7.5b	192.0%	PE28.4x

New minor risk - Dividend sustainability

The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.7% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (JP¥7.08b market cap, or US$44.8m).

Japanese (NIKKEI) Technology Distributors Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Shinko Shoji Co., Ltd., Annual General Meeting, Jun 25, 2026

Tsuzuki Denki Co., Ltd., Annual General Meeting, Jun 26, 2026

Kaga Electronics Co.,Ltd., Annual General Meeting, Jun 25, 2026

New minor risk - Share price stability

Investor sentiment improves as stock rises 16%

New major risk - Financial position

Sanshin Electronics Co., Ltd., Annual General Meeting, Jun 19, 2026

Ryoyo Ryosan Holdings, Inc., Annual General Meeting, Jun 25, 2026

Innotech Corporation, Annual General Meeting, Jun 25, 2026

New minor risk - Dividend sustainability

Full year 2026 earnings released: EPS: JP¥75.85 (vs JP¥79.09 in FY 2025)

Full year 2026 earnings: EPS and revenues exceed analyst expectations

Marubun Corporation, Annual General Meeting, Jun 25, 2026

New minor risk - Share price stability

Full year 2026 earnings: EPS exceeds analyst expectations

Full year 2026 earnings released: EPS: JP¥1,473 (vs JP¥822 in FY 2025)