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Japanese (NIKKEI) IT Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies219
  • 7D-0.5%
  • 3M7.0%
  • 1Y24.4%
  • YTD19.8%

In the last week, the IT industry is flat overall, with Fujitsu standing out by going down 4.0%. The past year has been better, since the industry has gained 24% in that time. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024JP¥27.5tJP¥19.8tJP¥1.1t17.6x24.6x1.4x
Sat, 19 Oct 2024JP¥27.6tJP¥19.7tJP¥1.1t17.4x24.5x1.4x
Mon, 16 Sep 2024JP¥26.9tJP¥19.7tJP¥1.1t17.4x23.9x1.4x
Wed, 14 Aug 2024JP¥24.8tJP¥19.7tJP¥1.1t16.3x21.7x1.3x
Fri, 12 Jul 2024JP¥26.0tJP¥19.5tJP¥1.1t18.8x23.1x1.3x
Sun, 09 Jun 2024JP¥24.3tJP¥19.5tJP¥1.1t17x21.7x1.2x
Tue, 07 May 2024JP¥24.3tJP¥19.3tJP¥1.1t18.6x21.7x1.3x
Thu, 04 Apr 2024JP¥24.4tJP¥19.2tJP¥964.2b18.4x25.3x1.3x
Sat, 02 Mar 2024JP¥25.1tJP¥19.2tJP¥965.2b18.7x26x1.3x
Mon, 29 Jan 2024JP¥24.7tJP¥19.6tJP¥1.0t18.9x23.7x1.3x
Wed, 27 Dec 2023JP¥24.0tJP¥19.6tJP¥1.0t18x23.1x1.2x
Fri, 24 Nov 2023JP¥23.5tJP¥19.6tJP¥1.0t18.3x22.8x1.2x
Sun, 22 Oct 2023JP¥21.8tJP¥18.9tJP¥1.0t17.8x21.3x1.2x
Tue, 19 Sep 2023JP¥24.0tJP¥18.8tJP¥1.0t18.8x23.5x1.3x
Thu, 17 Aug 2023JP¥22.6tJP¥18.8tJP¥1.0t18.6x22.1x1.2x
Sat, 15 Jul 2023JP¥22.7tJP¥18.2tJP¥1.0t18.4x22.2x1.2x
Mon, 12 Jun 2023JP¥22.7tJP¥18.2tJP¥1.0t18.9x22.2x1.2x
Wed, 10 May 2023JP¥21.6tJP¥17.7tJP¥1.0t18.1x21.4x1.2x
Fri, 07 Apr 2023JP¥19.9tJP¥17.5tJP¥978.8b17.7x20.3x1.1x
Sun, 05 Mar 2023JP¥21.7tJP¥18.3tJP¥1.1t17.7x20.6x1.2x
Tue, 31 Jan 2023JP¥22.5tJP¥17.7tJP¥1.1t17.4x20.5x1.3x
Thu, 29 Dec 2022JP¥21.4tJP¥17.7tJP¥1.1t16.6x19.5x1.2x
Sat, 26 Nov 2022JP¥23.4tJP¥17.6tJP¥1.1t18.7x21.2x1.3x
Mon, 24 Oct 2022JP¥22.1tJP¥17.3tJP¥1.1t17.6x20.1x1.3x
Wed, 21 Sep 2022JP¥21.8tJP¥17.3tJP¥1.1t17.7x19.8x1.3x
Fri, 19 Aug 2022JP¥23.4tJP¥17.4tJP¥1.1t17.9x21.1x1.3x
Sun, 17 Jul 2022JP¥22.3tJP¥17.1tJP¥1.1t18.2x20.3x1.3x
Tue, 14 Jun 2022JP¥21.6tJP¥17.1tJP¥1.1t18.1x19.7x1.3x
Thu, 12 May 2022JP¥22.3tJP¥17.1tJP¥1.1t18.2x21x1.3x
Sat, 09 Apr 2022JP¥23.5tJP¥17.1tJP¥1.1t18.5x22.3x1.4x
Mon, 07 Mar 2022JP¥21.4tJP¥17.1tJP¥1.0t17x20.4x1.3x
Wed, 02 Feb 2022JP¥21.4tJP¥17.0tJP¥1.0t18.1x20.5x1.3x
Fri, 31 Dec 2021JP¥25.5tJP¥16.9tJP¥1.0t20.8x24.6x1.5x
Sun, 28 Nov 2021JP¥25.5tJP¥16.9tJP¥1.0t20.1x24.6x1.5x
Price to Earnings Ratio

24.6x


Total Market Cap: JP¥25.5tTotal Earnings: JP¥1.0tTotal Revenue: JP¥16.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese IT Industry Price to Earnings3Y Average 22.1x202220232024
Current Industry PE
  • Investors are optimistic on the Japanese IT industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 24.6x which is higher than its 3-year average PE of 22.1x.
  • 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 2.5% per year over the last three years.
  • Revenues for these companies have grown 5.4% 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-0.44%
Tech-1.40%
IT-0.55%
IT Consulting-0.50%
Internet Services and Infrastructure-2.04%
Data Processing Services-2.87%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry, which is trading close to its 3-year average PE ratio of 40.2x.
    • Analysts are expecting annual earnings growth of 30.0%, which is higher than its past year's earnings growth of 18.5% per year.
  • Investors are most pessimistic about the Data Processing Services industry, which is trading below its 3-year average of 21.3x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 19% per year.
  • 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
9613 NTT DATA GroupJP¥2.81k2.3%
+JP¥86.9b		51.4%PE28.4x
3825 RemixpointJP¥335.0072.7%
+JP¥17.0b		54.4%PE48x
4499 SpeeeJP¥4.26k44.2%
+JP¥13.9b		114.2%PE186.2x
4481 BaseJP¥3.41k15.0%
+JP¥8.3b		-4.6%PE17.1x
4419 Finatext HoldingsJP¥1.04k16.8%
+JP¥7.6b		58.1%PE296.2x
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