Japanese (NIKKEI) Electronic Equipment and Components Industry Analysis

Industry Valuation and Performance

Has the Japanese Electronic Equipment and Components Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 12 Aug 2026	JP¥72.7t	JP¥29.3t	JP¥2.4t	16x	30.5x	2.5x
Fri, 10 Jul 2026	JP¥75.5t	JP¥28.0t	JP¥2.2t	16.1x	34.9x	2.7x
Sun, 07 Jun 2026	JP¥79.4t	JP¥28.0t	JP¥2.2t	16.3x	36.7x	2.8x
Tue, 05 May 2026	JP¥61.5t	JP¥27.6t	JP¥2.0t	16x	30.3x	2.2x
Thu, 02 Apr 2026	JP¥49.4t	JP¥27.3t	JP¥1.9t	16.3x	25.7x	1.8x
Sat, 28 Feb 2026	JP¥55.5t	JP¥27.7t	JP¥1.9t	17.2x	28.8x	2x
Mon, 26 Jan 2026	JP¥47.7t	JP¥27.1t	JP¥1.8t	15.7x	26x	1.8x
Wed, 24 Dec 2025	JP¥46.2t	JP¥27.1t	JP¥1.8t	15.1x	25.1x	1.7x
Fri, 21 Nov 2025	JP¥44.4t	JP¥27.1t	JP¥1.8t	14x	24.2x	1.6x
Sun, 19 Oct 2025	JP¥43.5t	JP¥26.7t	JP¥1.7t	14.5x	25.5x	1.6x
Tue, 16 Sep 2025	JP¥42.1t	JP¥26.9t	JP¥1.7t	14.3x	24.8x	1.6x
Thu, 14 Aug 2025	JP¥41.1t	JP¥26.9t	JP¥1.7t	14x	24.1x	1.5x
Sat, 12 Jul 2025	JP¥38.1t	JP¥26.9t	JP¥1.7t	12.4x	22.5x	1.4x
Mon, 09 Jun 2025	JP¥37.9t	JP¥26.9t	JP¥1.7t	11.9x	22.4x	1.4x
Wed, 07 May 2025	JP¥38.3t	JP¥26.3t	JP¥1.8t	11.9x	21.8x	1.5x
Fri, 04 Apr 2025	JP¥36.3t	JP¥26.1t	JP¥1.7t	11.7x	21.4x	1.4x
Sun, 02 Mar 2025	JP¥39.0t	JP¥26.2t	JP¥1.7t	12.7x	23x	1.5x
Tue, 28 Jan 2025	JP¥42.8t	JP¥26.0t	JP¥1.6t	12.9x	25.9x	1.6x
Thu, 26 Dec 2024	JP¥41.7t	JP¥26.1t	JP¥1.6t	13.2x	25.4x	1.6x
Sat, 23 Nov 2024	JP¥41.8t	JP¥26.0t	JP¥1.6t	13.2x	25.5x	1.6x
Mon, 21 Oct 2024	JP¥42.7t	JP¥25.8t	JP¥1.7t	12.3x	25.7x	1.7x
Wed, 18 Sep 2024	JP¥41.4t	JP¥25.4t	JP¥1.7t	12x	24.9x	1.6x
Fri, 16 Aug 2024	JP¥42.2t	JP¥25.8t	JP¥1.6t	11.9x	25.7x	1.6x
Sun, 14 Jul 2024	JP¥48.7t	JP¥25.6t	JP¥1.6t	13.5x	31.3x	1.9x
Tue, 11 Jun 2024	JP¥44.5t	JP¥25.4t	JP¥1.5t	12.9x	29x	1.8x
Thu, 09 May 2024	JP¥43.9t	JP¥25.5t	JP¥1.5t	14x	28.9x	1.7x
Sat, 06 Apr 2024	JP¥42.2t	JP¥25.4t	JP¥1.5t	14.1x	27.9x	1.7x
Mon, 04 Mar 2024	JP¥45.3t	JP¥25.8t	JP¥1.5t	14.1x	29.6x	1.8x
Wed, 31 Jan 2024	JP¥44.3t	JP¥26.2t	JP¥1.6t	14.5x	27.8x	1.7x
Fri, 29 Dec 2023	JP¥42.1t	JP¥26.3t	JP¥1.6t	13.8x	26.4x	1.6x
Sun, 26 Nov 2023	JP¥41.9t	JP¥26.3t	JP¥1.6t	13.8x	26.2x	1.6x
Tue, 24 Oct 2023	JP¥37.3t	JP¥26.4t	JP¥1.7t	12.7x	21.8x	1.4x
Thu, 21 Sep 2023	JP¥40.1t	JP¥26.4t	JP¥1.7t	13.3x	23.5x	1.5x
Sat, 19 Aug 2023	JP¥39.1t	JP¥26.4t	JP¥1.7t	12.2x	22.9x	1.5x

Current Industry PE

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

The industry is trading at a PE ratio of 30.5x which is higher than its 3-year average PE of 26.4x.

The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.5x.

Past Earnings Growth

The earnings for companies in the Electronic industry have grown 12% per year over the last three years.
Revenues for these companies have grown 3.5% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Japanese Tech industry?


JP Market	3.17%
Tech	1.37%
Electronic Equipment and Components	2.63%
Electronic Manufacturing Services	4.92%
Electronic Components	3.94%
Technology Distributors	3.64%
Electronic Equipment and Instruments	0.87%

Industry PE

Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 29.5x.

Analysts are expecting annual earnings growth of 18.7%, which is lower than the prior year's growth of 26.7% per year.

Investors are most pessimistic about the Technology Distributors industry, which is trading close to its 3-year average of 12.4x.

Forecasted Growth

Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 20% over the next 5 years.
This is better than its past earnings decline of 21% per year.

In contrast, the Technology Distributors industry is expected to see its earnings grow by 6.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
6645 OMRON	JP¥6.85k	15.5% +JP¥180.7b	75.3%	PE31x
6841 Yokogawa Electric	JP¥5.47k	3.2% +JP¥42.8b	26.5%	PE24.9x
4062 IbidenLtd	JP¥20.48k	0.7% +JP¥41.9b	517.1%	PE83.1x
7826 Furuya Metal	JP¥8.70k	19.2% +JP¥34.4b	282.4%	PE13.3x
7701 Shimadzu	JP¥4.23k	2.8% +JP¥33.5b	17.9%	PE18.5x

Onto Innovation Inc. (NYSE:ONTO) completed the acquisition of 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $720 million.

Onto Innovation Inc. (NYSE:ONTO) signed a letter of intent to acquire 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $710 million on April 13, 2026. Onto Innovation Inc. entered into a definitive share purchase agreement 27% stake in Rigaku Holdings Corporation from Atom Investment, L.P. on April 20, 2026. Onto Innovation expects that the investment will be accretive as of December 31, 2026. As of May 19, 2026, Onto Innovation Inc. announced the pricing of its private offering of $1.3 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2031. Onto Innovation intends to use the net proceeds to fund for general corporate purposes, which may include financing the previously announced acquisition of 27% of the issued and outstanding shares of the common stock of Rigaku Holdings Corporation. The transaction is subject to upon completion of customary procedures including obtaining relevant regulatory approvals, expiration or termination of any waiting period applicable under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the absence of any law or order issued by any governmental authority preventing or making illegal consummation of the transaction the accuracy of the representations and warranties of, and compliance with covenants by, each of the parties to the Purchase Agreement. The expected completion of the transaction is Second half of 2026. Greenhill & Co., LLC act as financial advisor,Simpson Thacher & Bartlett LLP and Nishimura & Asahi act as legal advisor for Onto Innovation Inc. Morgan Stanley act as financial advisor,Nagashima Ohno & Tsunematsu and Latham & Watkins LLP act as legal advisor for Atom Investment, L.P, Mori Hamada & Matsumoto LPC act as legal advisor for Rigaku Holdings Corporation. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor to Atom Investments, L.P., an affiliate of The Carlyle Group. Onto Innovation Inc. (NYSE:ONTO) completed the acquisition of 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $720 million on August 10, 2026.

Japanese (NIKKEI) Electronic Equipment and Components Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

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Onto Innovation Inc. (NYSE:ONTO) completed the acquisition of 27% stake in Rigaku Holdings Corporation (TSE:268A) from Atom Investment, L.P. for approximately $720 million.

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