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Japanese (NIKKEI) IT Industry Analysis

UpdatedJun 06, 2026
DataAggregated Company Financials
Companies219
  • 7D2.2%
  • 3M-1.3%
  • 1Y-5.3%
  • YTD-18.0%

Last week, the IT industry hasn't moved much but Fujitsu is up 6.6% in that time. As for the longer term, the industry has declined 6.2% in the last year. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 06 Jun 2026JP¥24.4tJP¥15.2tJP¥1.1t14.6x21.4x1.6x
Mon, 04 May 2026JP¥22.8tJP¥15.1tJP¥1.1t14.3x20x1.5x
Wed, 01 Apr 2026JP¥22.6tJP¥15.1tJP¥1.2t14.2x18.7x1.5x
Fri, 27 Feb 2026JP¥26.0tJP¥15.9tJP¥1.3t15.9x20.3x1.6x
Sun, 25 Jan 2026JP¥32.4tJP¥15.5tJP¥1.2t17.8x27x2.1x
Tue, 23 Dec 2025JP¥31.8tJP¥15.4tJP¥1.2t17.2x26.5x2.1x
Thu, 20 Nov 2025JP¥31.4tJP¥15.4tJP¥1.2t16.8x26.3x2x
Sat, 18 Oct 2025JP¥28.6tJP¥15.3tJP¥1.0t17.1x27.4x1.9x
Mon, 15 Sep 2025JP¥35.5tJP¥19.9tJP¥1.2t17.8x29.9x1.8x
Wed, 13 Aug 2025JP¥29.6tJP¥15.2tJP¥1.0t17.6x28.6x1.9x
Fri, 11 Jul 2025JP¥27.0tJP¥15.0tJP¥979.1b17.1x27.6x1.8x
Sun, 08 Jun 2025JP¥33.0tJP¥19.6tJP¥1.1t17.5x29.4x1.7x
Tue, 06 May 2025JP¥29.7tJP¥19.5tJP¥1.1t17.3x26.6x1.5x
Thu, 03 Apr 2025JP¥27.7tJP¥19.5tJP¥1.2t15.9x22.4x1.4x
Sat, 01 Mar 2025JP¥28.3tJP¥20.0tJP¥1.3t17.1x22.5x1.4x
Mon, 27 Jan 2025JP¥27.8tJP¥19.8tJP¥1.1t17.6x24.7x1.4x
Wed, 25 Dec 2024JP¥28.1tJP¥19.8tJP¥1.1t17.7x25x1.4x
Fri, 22 Nov 2024JP¥27.2tJP¥19.8tJP¥1.1t17.5x24.3x1.4x
Sun, 20 Oct 2024JP¥27.6tJP¥19.7tJP¥1.1t17.4x24.5x1.4x
Tue, 17 Sep 2024JP¥26.9tJP¥19.7tJP¥1.1t17.4x24x1.4x
Thu, 15 Aug 2024JP¥24.8tJP¥19.7tJP¥1.1t16.7x21.7x1.3x
Sat, 13 Jul 2024JP¥25.9tJP¥19.5tJP¥1.1t18.9x23.1x1.3x
Mon, 10 Jun 2024JP¥24.3tJP¥19.5tJP¥1.1t17x21.7x1.2x
Wed, 08 May 2024JP¥24.8tJP¥19.3tJP¥1.1t18.6x22.1x1.3x
Fri, 05 Apr 2024JP¥24.6tJP¥19.2tJP¥964.2b18.6x25.5x1.3x
Sun, 03 Mar 2024JP¥25.1tJP¥19.2tJP¥965.2b18.7x26x1.3x
Tue, 30 Jan 2024JP¥24.7tJP¥19.6tJP¥1.0t19x23.7x1.3x
Thu, 28 Dec 2023JP¥24.3tJP¥19.6tJP¥1.0t18.2x23.3x1.2x
Sat, 25 Nov 2023JP¥23.5tJP¥19.6tJP¥1.0t18.4x22.8x1.2x
Mon, 23 Oct 2023JP¥21.8tJP¥18.9tJP¥1.0t17.8x21.3x1.2x
Wed, 20 Sep 2023JP¥23.9tJP¥18.8tJP¥1.0t18.7x23.4x1.3x
Fri, 18 Aug 2023JP¥22.5tJP¥18.8tJP¥1.0t18.5x22.1x1.2x
Sun, 16 Jul 2023JP¥22.7tJP¥18.2tJP¥1.0t18.6x22.2x1.2x
Tue, 13 Jun 2023JP¥22.9tJP¥18.2tJP¥1.0t19.1x22.4x1.3x
Price to Earnings Ratio

22.4x


Total Market Cap: JP¥22.9tTotal Earnings: JP¥1.0tTotal Revenue: JP¥18.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese IT Industry Price to Earnings3Y Average 24.2x202420252026
Current Industry PE
  • Investors are pessimistic on the Japanese IT industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 21.1x which is lower than its 3-year average PE of 24.2x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 3.7% per year over the last three years.
  • Meanwhile revenues for these companies have declined 5.8% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

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

JP Market-0.18%
Tech5.17%
IT2.21%
IT Consulting2.28%
Internet Services and Infrastructure-0.017%
Data Processing Services-2.20%
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 39.4x.
    • Analysts are expecting annual earnings growth of 17.7%, which is lower than the prior year's growth of 21.2% per year.
  • Investors are most pessimistic about the Data Processing Services industry, which is trading below its 3-year average of 17.1x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 11% 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
6702 FujitsuJP¥3.59k6.6%
+JP¥386.9b		6.3%PE20.6x
6701 NECJP¥4.25k3.7%
+JP¥199.0b		10.5%PE20.9x
4768 OtsukaJP¥2.96k2.4%
+JP¥26.4b		0.9%PE16.9x
3915 TerraSkyLtdJP¥3.38k63.6%
+JP¥16.9b		21.0%PE27.7x
4812 Dentsu SokenJP¥2.16k2.9%
+JP¥11.7b		-1.6%PE24.9x

Latest News

6701
JP¥4,253.00
NEC
7D
3.7%
1Y
10.5%
Narrative Update • Jun 04

6701: Cloud Communications Shift And Physical AI Venture Will Support Future Upside

Analysts have kept NEC's fair value estimate steady at ¥5,000. Changes to the discount rate, revenue growth, profit margin, and future P/E assumptions reflect an updated view of the stock's risk profile and earnings potential rather than a directional shift in the price target.
4722
JP¥1,553.00
Future
7D
-2.6%
1Y
-28.7%
4373
JP¥1,092.00
Simplex Holdings
7D
2.6%
1Y
12.3%
9449
JP¥3,230.00
GMO internet group
7D
-1.7%
1Y
-9.6%
Narrative Update • Jun 03

9449: Takeover Defense And Subsidiary Actions Will Support Future Share Returns

Analysts kept GMO Internet Group's fair value estimate steady at ¥5,000. Modest tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions reflect a slightly more cautious but still balanced outlook on the stock's risk and earnings profile.
3697
JP¥722.30
SHIFT
7D
2.9%
1Y
-58.5%
4307
JP¥4,882.00
Nomura Research Institute
7D
-2.8%
1Y
-14.1%
3915
JP¥3,375.00
TerraSkyLtd
7D
63.6%
1Y
21.0%
3778
JP¥2,878.00
SAKURA Internet
7D
-4.9%
1Y
-27.8%
6702
JP¥3,591.00
Fujitsu
7D
6.6%
1Y
6.3%
2327
JP¥3,415.00
NS Solutions
7D
-2.0%
1Y
-14.0%
4417
JP¥3,060.00
Global Security Experts
7D
-10.9%
1Y
-5.7%
4499
JP¥2,728.00
Speee
7D
-23.6%
1Y
33.3%
4259
JP¥1,108.00
ExaWizards
7D
-7.7%
1Y
145.7%
Analysis Article • May 19

ExaWizards' (TSE:4259) Earnings Are Of Questionable Quality

ExaWizards Inc.'s ( TSE:4259 ) stock was strong after they recently reported robust earnings. However, our analysis...
4768
JP¥2,958.50
Otsuka
7D
2.4%
1Y
0.9%
Analysis Article • May 08

We Like The Quality Of Otsuka's (TSE:4768) Earnings

The market seemed underwhelmed by last week's earnings announcement from Otsuka Corporation ( TSE:4768 ) despite the...
4812
JP¥2,158.00
Dentsu Soken
7D
2.9%
1Y
-1.6%
446A
JP¥1,391.00
Northsand
7D
10.1%
1Y
n/a