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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 04 Feb 2023 | JP¥22.4t | JP¥17.9t | JP¥1.1t | 17.5x | 20.8x | 1.3x |
| Mon, 02 Jan 2023 | JP¥21.4t | JP¥17.7t | JP¥1.1t | 16.6x | 19.5x | 1.2x |
| Wed, 30 Nov 2022 | JP¥23.1t | JP¥17.6t | JP¥1.1t | 18.3x | 20.9x | 1.3x |
| Fri, 28 Oct 2022 | JP¥22.7t | JP¥17.3t | JP¥1.1t | 18x | 20.6x | 1.3x |
| Sun, 25 Sep 2022 | JP¥21.5t | JP¥17.3t | JP¥1.1t | 17.5x | 19.5x | 1.2x |
| Tue, 23 Aug 2022 | JP¥23.1t | JP¥17.4t | JP¥1.1t | 17.9x | 20.8x | 1.3x |
| Thu, 21 Jul 2022 | JP¥22.8t | JP¥17.1t | JP¥1.1t | 18.4x | 20.8x | 1.3x |
| Sat, 18 Jun 2022 | JP¥20.6t | JP¥17.1t | JP¥1.1t | 17.2x | 18.9x | 1.2x |
| Mon, 16 May 2022 | JP¥21.7t | JP¥17.2t | JP¥1.1t | 17.8x | 19.9x | 1.3x |
| Wed, 13 Apr 2022 | JP¥22.9t | JP¥17.1t | JP¥1.1t | 17.9x | 21.8x | 1.3x |
| Fri, 11 Mar 2022 | JP¥21.7t | JP¥17.1t | JP¥1.0t | 17x | 20.8x | 1.3x |
| Sun, 06 Feb 2022 | JP¥22.1t | JP¥17.0t | JP¥1.0t | 18.4x | 21.8x | 1.3x |
| Tue, 04 Jan 2022 | JP¥25.5t | JP¥16.9t | JP¥1.0t | 20.8x | 24.6x | 1.5x |
| Thu, 02 Dec 2021 | JP¥24.9t | JP¥16.9t | JP¥1.0t | 19.7x | 24.1x | 1.5x |
| Sat, 30 Oct 2021 | JP¥25.3t | JP¥16.8t | JP¥994.5b | 22.3x | 25.4x | 1.5x |
| Mon, 27 Sep 2021 | JP¥26.4t | JP¥16.7t | JP¥985.4b | 23.2x | 26.8x | 1.6x |
| Wed, 25 Aug 2021 | JP¥23.8t | JP¥16.7t | JP¥982.9b | 22.5x | 24.2x | 1.4x |
| Thu, 01 Jul 2021 | JP¥23.8t | JP¥16.7t | JP¥983.1b | 24.1x | 24.2x | 1.4x |
| Sun, 04 Apr 2021 | JP¥22.8t | JP¥16.4t | JP¥925.5b | 25.3x | 24.7x | 1.4x |
| Wed, 06 Jan 2021 | JP¥21.8t | JP¥16.2t | JP¥835.6b | 28.5x | 26.1x | 1.3x |
| Sat, 10 Oct 2020 | JP¥21.2t | JP¥16.2t | JP¥759.6b | 29.9x | 27.9x | 1.3x |
| Fri, 03 Jul 2020 | JP¥18.9t | JP¥16.4t | JP¥805.8b | 25.4x | 23.4x | 1.2x |
| Mon, 06 Apr 2020 | JP¥14.5t | JP¥16.5t | JP¥800.3b | 16.8x | 18.1x | 0.9x |
Price to Earnings Ratio
19.8x
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% | |
| Tech | 0.77% | |
| IT | -0.47% | |
| Internet Services and Infrastructure | 1.26% | |
| Data Processing Services | 0.56% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 4768 Otsuka | JP¥4.60k | 7.9% +JP¥63.5b | 5.9% | PE21.8x | |
| 8096 Kanematsu Electronics | JP¥6.19k | 32.7% +JP¥43.6b | 62.3% | PE18.6x | |
| 6701 NEC | JP¥4.81k | 3.4% +JP¥43.3b | -7.7% | PE9.1x | |
| 4684 OBICLtd | JP¥21.06k | 1.2% +JP¥22.2b | 10.8% | PE38.2x | |
| 4373 Simplex Holdings | JP¥2.39k | 6.3% +JP¥8.0b | 16.8% | PE30.7x |