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Japanese (NIKKEI) IT Industry Analysis

UpdatedFeb 03, 2023
DataAggregated Company Financials
Companies227
  • 7D-0.5%
  • 3M2.0%
  • 1Y2.5%
  • YTD6.5%

The IT is pretty flat in the last 7 days, but Otsuka has stood out, gaining 7.9%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 9.5% annually.

Industry Valuation and Performance

Has the Japanese IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 04 Feb 2023JP¥22.4tJP¥17.9tJP¥1.1t17.5x20.8x1.3x
Mon, 02 Jan 2023JP¥21.4tJP¥17.7tJP¥1.1t16.6x19.5x1.2x
Wed, 30 Nov 2022JP¥23.1tJP¥17.6tJP¥1.1t18.3x20.9x1.3x
Fri, 28 Oct 2022JP¥22.7tJP¥17.3tJP¥1.1t18x20.6x1.3x
Sun, 25 Sep 2022JP¥21.5tJP¥17.3tJP¥1.1t17.5x19.5x1.2x
Tue, 23 Aug 2022JP¥23.1tJP¥17.4tJP¥1.1t17.9x20.8x1.3x
Thu, 21 Jul 2022JP¥22.8tJP¥17.1tJP¥1.1t18.4x20.8x1.3x
Sat, 18 Jun 2022JP¥20.6tJP¥17.1tJP¥1.1t17.2x18.9x1.2x
Mon, 16 May 2022JP¥21.7tJP¥17.2tJP¥1.1t17.8x19.9x1.3x
Wed, 13 Apr 2022JP¥22.9tJP¥17.1tJP¥1.1t17.9x21.8x1.3x
Fri, 11 Mar 2022JP¥21.7tJP¥17.1tJP¥1.0t17x20.8x1.3x
Sun, 06 Feb 2022JP¥22.1tJP¥17.0tJP¥1.0t18.4x21.8x1.3x
Tue, 04 Jan 2022JP¥25.5tJP¥16.9tJP¥1.0t20.8x24.6x1.5x
Thu, 02 Dec 2021JP¥24.9tJP¥16.9tJP¥1.0t19.7x24.1x1.5x
Sat, 30 Oct 2021JP¥25.3tJP¥16.8tJP¥994.5b22.3x25.4x1.5x
Mon, 27 Sep 2021JP¥26.4tJP¥16.7tJP¥985.4b23.2x26.8x1.6x
Wed, 25 Aug 2021JP¥23.8tJP¥16.7tJP¥982.9b22.5x24.2x1.4x
Thu, 01 Jul 2021JP¥23.8tJP¥16.7tJP¥983.1b24.1x24.2x1.4x
Sun, 04 Apr 2021JP¥22.8tJP¥16.4tJP¥925.5b25.3x24.7x1.4x
Wed, 06 Jan 2021JP¥21.8tJP¥16.2tJP¥835.6b28.5x26.1x1.3x
Sat, 10 Oct 2020JP¥21.2tJP¥16.2tJP¥759.6b29.9x27.9x1.3x
Fri, 03 Jul 2020JP¥18.9tJP¥16.4tJP¥805.8b25.4x23.4x1.2x
Mon, 06 Apr 2020JP¥14.5tJP¥16.5tJP¥800.3b16.8x18.1x0.9x
Price to Earnings Ratio

19.8x


Total Market Cap: JP¥15.5tTotal Earnings: JP¥781.0bTotal Revenue: JP¥16.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese IT Industry Price to Earnings3Y Average 23x202120222023
Current Industry PE
  • Investors are relatively neutral on the Japanese IT industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 23.0x.
  • The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 3.1% 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-0.51%
Tech0.77%
IT-0.47%
Internet Services and Infrastructure1.26%
Data Processing Services0.56%
IT Consulting-0.61%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry even though it's trading below its 3-year average PE ratio of 40.7x.
    • Analysts are expecting annual earnings growth of 17.1%, which is higher than its past year's earnings growth of 13.1% per year.
  • Investors are most pessimistic about the IT Consulting industry, which is trading close to its 3-year average of 21.9x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 17% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Data Processing Services industry is expected to see its earnings grow by 8.3% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
4768 OtsukaJP¥4.60k7.9%
+JP¥63.5b
5.9%PE21.8x
8096 Kanematsu ElectronicsJP¥6.19k32.7%
+JP¥43.6b
62.3%PE18.6x
6701 NECJP¥4.81k3.4%
+JP¥43.3b
-7.7%PE9.1x
4684 OBICLtdJP¥21.06k1.2%
+JP¥22.2b
10.8%PE38.2x
4373 Simplex HoldingsJP¥2.39k6.3%
+JP¥8.0b
16.8%PE30.7x
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Latest News

4768

JP¥4,595.00

Otsuka

7D

7.9%

1Y

5.9%

8096

JP¥6,190.00

Kanematsu Electronics

7D

32.7%

1Y

62.3%

7518

JP¥3,240.00

Net One Systems

7D

-7.3%

1Y

19.2%

8056

JP¥3,075.00

BIPROGY

7D

-8.6%

1Y

-4.5%

4739

JP¥3,075.00

ITOCHU Techno-Solutions

7D

-2.5%

1Y

1.5%

6702

JP¥18,470.00

Fujitsu

7D

-1.0%

1Y

13.7%

4417

JP¥5,380.00

Global Security Experts

7D

19.4%

1Y

331.3%

9719

JP¥1,971.00

SCSK

7D

-5.7%

1Y

0.2%

6701

JP¥4,810.00

NEC

7D

3.4%

1Y

-7.7%

4373

JP¥2,390.00

Simplex Holdings

7D

6.3%

1Y

16.8%

4307

JP¥3,145.00

Nomura Research Institute

7D

-3.4%

1Y

-23.8%

1973

JP¥1,586.00

NEC Networks & System Integration

7D

-10.3%

1Y

-8.5%

4684

JP¥21,060.00

OBICLtd

7D

1.2%

1Y

10.8%

4481

JP¥4,755.00

BASE

7D

8.4%

1Y

116.4%

2327

JP¥3,225.00

NS Solutions

7D

-3.4%

1Y

-11.6%

4819

JP¥4,740.00

Digital Garage

7D

2.8%

1Y

21.2%