Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Japanese (NIKKEI) IT Industry Analysis

UpdatedSep 20, 2026
DataAggregated Company Financials
Companies218
  • 7D5.0%
  • 3M25.3%
  • 1Y-0.8%
  • YTD-6.7%

Over the last 7 days, the IT industry has risen 5.0%, driven by gains in Fujitsu and NEC of 6.1% and 6.1%, respectively. Despite this gain, the industry's performance has been flat over the past year. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 21 Sep 2026JP¥27.7tJP¥15.5tJP¥1.2t16.2x23.3x1.8x
Wed, 19 Aug 2026JP¥26.1tJP¥15.5tJP¥1.2t16.7x22x1.7x
Fri, 17 Jul 2026JP¥24.6tJP¥15.2tJP¥1.1t15.7x21.6x1.6x
Sun, 14 Jun 2026JP¥22.7tJP¥15.2tJP¥1.1t14.7x19.9x1.5x
Tue, 12 May 2026JP¥23.6tJP¥15.2tJP¥1.1t14.6x20.9x1.6x
Thu, 09 Apr 2026JP¥24.2tJP¥15.1tJP¥1.2t14.9x20.1x1.6x
Sat, 07 Mar 2026JP¥26.7tJP¥15.9tJP¥1.3t15.4x20.9x1.7x
Mon, 02 Feb 2026JP¥30.0tJP¥15.7tJP¥1.3t17.1x23.6x1.9x
Wed, 31 Dec 2025JP¥31.9tJP¥15.4tJP¥1.2t17.2x26.6x2.1x
Fri, 28 Nov 2025JP¥32.8tJP¥15.4tJP¥1.2t17.2x27.4x2.1x
Sun, 26 Oct 2025JP¥30.1tJP¥15.3tJP¥1.0t18.1x28.8x2x
Tue, 23 Sep 2025JP¥35.2tJP¥19.9tJP¥1.2t18.2x29.7x1.8x
Thu, 21 Aug 2025JP¥35.1tJP¥19.9tJP¥1.2t17.4x29.7x1.8x
Sat, 19 Jul 2025JP¥27.4tJP¥15.0tJP¥980.9b17.2x27.9x1.8x
Mon, 16 Jun 2025JP¥33.6tJP¥19.6tJP¥1.1t17.6x30x1.7x
Wed, 14 May 2025JP¥32.4tJP¥19.5tJP¥1.1t17.7x28.9x1.7x
Fri, 11 Apr 2025JP¥27.3tJP¥19.5tJP¥1.2t15.3x22.1x1.4x
Sun, 09 Mar 2025JP¥29.1tJP¥20.0tJP¥1.3t17.2x23x1.5x
Tue, 04 Feb 2025JP¥29.4tJP¥19.9tJP¥1.2t17.3x23.8x1.5x
Thu, 02 Jan 2025JP¥28.4tJP¥19.8tJP¥1.1t17.6x25.3x1.4x
Sat, 30 Nov 2024JP¥28.0tJP¥19.8tJP¥1.1t18.1x25x1.4x
Mon, 28 Oct 2024JP¥26.6tJP¥19.7tJP¥1.1t16.6x23.7x1.4x
Wed, 25 Sep 2024JP¥27.9tJP¥19.7tJP¥1.1t17.6x24.8x1.4x
Fri, 23 Aug 2024JP¥25.8tJP¥19.7tJP¥1.1t17.5x22.8x1.3x
Sun, 21 Jul 2024JP¥26.3tJP¥19.5tJP¥1.1t18.8x23.4x1.3x
Tue, 18 Jun 2024JP¥24.1tJP¥19.5tJP¥1.1t17.2x21.4x1.2x
Thu, 16 May 2024JP¥23.8tJP¥19.5tJP¥1.1t18.3x21.1x1.2x
Sat, 13 Apr 2024JP¥24.9tJP¥19.2tJP¥965.2b18.7x25.8x1.3x
Mon, 11 Mar 2024JP¥25.3tJP¥19.2tJP¥965.0b19.6x26.2x1.3x
Wed, 07 Feb 2024JP¥23.7tJP¥19.1tJP¥952.5b18.9x24.9x1.2x
Fri, 05 Jan 2024JP¥24.4tJP¥19.6tJP¥1.0t18.4x23.5x1.2x
Sun, 03 Dec 2023JP¥23.6tJP¥19.6tJP¥1.0t18x22.8x1.2x
Tue, 31 Oct 2023JP¥22.1tJP¥18.9tJP¥1.0t17.7x22x1.2x
Thu, 28 Sep 2023JP¥23.4tJP¥18.8tJP¥1.0t18.9x23x1.2x
Price to Earnings Ratio

23x


Total Market Cap: JP¥23.4tTotal Earnings: JP¥1.0tTotal Revenue: JP¥18.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese IT Industry Price to Earnings3Y Average 24.2x202420252026
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 24.2x.
  • The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 5.2% per year over the last three years.
  • Meanwhile revenues for these companies have declined 6.2% 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 Market1.53%
Tech3.02%
IT5.05%
IT Consulting5.07%
Internet Services and Infrastructure4.27%
Data Processing Services2.34%
Industry PE
  • Investors are most optimistic about the IT Consulting industry, which is trading close to its 3-year average PE ratio of 24.0x.
    • Analysts expect its future annual earnings growth (12.6%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Data Processing Services industry, which is trading close to its 3-year average of 16.9x.
Forecasted Growth
  • Analysts are most optimistic on the Data Processing Services industry, expecting annual earnings growth of 17% 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 13% 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¥3.98k6.1%
+JP¥399.0b		8.6%PE21.7x
6701 NECJP¥4.81k6.1%
+JP¥366.1b		2.7%PE21.2x
4307 Nomura Research InstituteJP¥5.16k5.2%
+JP¥142.7b		-12.5%PE156.2x
4684 OBICLtdJP¥5.10k4.2%
+JP¥89.2b		-4.9%PE28x
4768 OtsukaJP¥3.65k3.3%
+JP¥44.7b		16.6%PE20.6x

Latest News

6701
JP¥4,812.00
NEC
7D
6.1%
1Y
2.7%
4684
JP¥5,100.00
OBICLtd
7D
4.2%
1Y
-4.9%
2315
JP¥65.00
CAICA DIGITAL
7D
-1.5%
1Y
-44.9%
6702
JP¥3,979.00
Fujitsu
7D
6.1%
1Y
8.6%
4417
JP¥5,720.00
Global Security Experts
7D
31.8%
1Y
70.7%
446A
JP¥2,309.00
Northsand
7D
20.6%
1Y
n/a
9651
JP¥1,928.00
Japan Process Development
7D
-2.2%
1Y
18.1%
4307
JP¥5,156.00
Nomura Research Institute
7D
5.2%
1Y
-12.5%
Narrative Update • Sep 11

4307: Higher Dividend Guidance Will Support Future Upside Potential

Analysts have lifted their price target on Nomura Research Institute to ¥5,914 from ¥5,796, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E that point to a slightly higher fair value estimate. What's in the News Nomura Research Institute issued second quarter-end dividend guidance for the fiscal year ending 31 March 2027, with an expected cash dividend of ¥42.00 per share compared with ¥35.00 per share for the same period a year earlier.
4768
JP¥3,646.00
Otsuka
7D
3.3%
1Y
16.6%
3712
JP¥1,009.00
Information Planning
7D
-3.4%
1Y
-22.1%
3626
JP¥4,083.00
TISI
7D
5.2%
1Y
-19.1%
5255
JP¥78.00
Monstarlab
7D
-8.2%
1Y
-61.8%
1447
JP¥319.00
SAAF HoldingsLtd
7D
-10.6%
1Y
22.7%
584A
JP¥2,478.00
LiNKX
7D
-5.1%
1Y
n/a
5254
JP¥4,050.00
Arent
7D
-1.2%
1Y
-17.3%
2327
JP¥3,757.00
NS Solutions
7D
-1.4%
1Y
1.2%