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Japanese (NIKKEI) IT Industry Analysis

UpdatedFeb 21, 2026
DataAggregated Company Financials
Companies216
  • 7D-2.8%
  • 3M-22.2%
  • 1Y5.0%
  • YTD-20.3%

Over the last 7 days, the IT industry has dropped 5.4%, driven by a pullback from Fujitsu of 5.2%. In the past year, the industry has gained 7.3%. Earnings are forecast to grow by 7.6% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Feb 2026JP¥25.4tJP¥15.9tJP¥1.3t15.8x19.9x1.6x
Mon, 19 Jan 2026JP¥32.9tJP¥15.5tJP¥1.2t17.9x27.5x2.1x
Wed, 17 Dec 2025JP¥31.7tJP¥15.4tJP¥1.2t17.1x26.4x2.1x
Fri, 14 Nov 2025JP¥32.3tJP¥15.4tJP¥1.2t17.2x27.5x2.1x
Sun, 12 Oct 2025JP¥29.4tJP¥15.3tJP¥1.0t17.8x28.2x1.9x
Tue, 09 Sep 2025JP¥34.7tJP¥19.9tJP¥1.2t17.8x29.3x1.7x
Thu, 07 Aug 2025JP¥29.5tJP¥15.2tJP¥1.0t17.9x28.4x1.9x
Sat, 05 Jul 2025JP¥27.7tJP¥15.0tJP¥979.1b17x28.3x1.9x
Mon, 02 Jun 2025JP¥32.9tJP¥19.6tJP¥1.1t17.4x29.4x1.7x
Wed, 30 Apr 2025JP¥29.0tJP¥19.3tJP¥1.1t17.3x26.3x1.5x
Fri, 28 Mar 2025JP¥28.3tJP¥19.5tJP¥1.2t17.4x22.9x1.5x
Sun, 23 Feb 2025JP¥29.4tJP¥20.1tJP¥1.3t17.4x23.3x1.5x
Tue, 21 Jan 2025JP¥27.3tJP¥19.8tJP¥1.1t17.4x24.3x1.4x
Thu, 19 Dec 2024JP¥28.2tJP¥19.8tJP¥1.1t18.4x25.3x1.4x
Sat, 16 Nov 2024JP¥27.7tJP¥19.8tJP¥1.1t17.3x24.8x1.4x
Mon, 14 Oct 2024JP¥28.1tJP¥19.7tJP¥1.1t17.7x25x1.4x
Wed, 11 Sep 2024JP¥26.9tJP¥19.8tJP¥1.1t17.7x23.8x1.4x
Fri, 09 Aug 2024JP¥23.7tJP¥19.7tJP¥1.1t15.9x20.8x1.2x
Sun, 07 Jul 2024JP¥26.0tJP¥19.5tJP¥1.1t18.5x23.1x1.3x
Tue, 04 Jun 2024JP¥24.0tJP¥19.5tJP¥1.1t16.9x21.4x1.2x
Thu, 02 May 2024JP¥24.3tJP¥19.3tJP¥1.1t18.6x21.7x1.3x
Sat, 30 Mar 2024JP¥25.2tJP¥19.2tJP¥964.4b19.6x26.1x1.3x
Mon, 26 Feb 2024JP¥24.3tJP¥19.2tJP¥965.2b18.5x25.2x1.3x
Wed, 24 Jan 2024JP¥25.2tJP¥19.6tJP¥1.0t18.7x24.3x1.3x
Fri, 22 Dec 2023JP¥23.7tJP¥19.6tJP¥1.0t18x22.9x1.2x
Sun, 19 Nov 2023JP¥23.5tJP¥19.6tJP¥1.0t17.9x22.6x1.2x
Tue, 17 Oct 2023JP¥22.3tJP¥18.9tJP¥1.0t17.9x21.8x1.2x
Thu, 14 Sep 2023JP¥23.6tJP¥18.8tJP¥1.0t19.2x23.2x1.3x
Sat, 12 Aug 2023JP¥22.6tJP¥18.8tJP¥1.0t18.7x22.2x1.2x
Mon, 10 Jul 2023JP¥22.3tJP¥18.2tJP¥1.0t18.6x21.8x1.2x
Wed, 07 Jun 2023JP¥22.9tJP¥18.2tJP¥1.0t19.1x22.4x1.3x
Fri, 05 May 2023JP¥21.4tJP¥17.7tJP¥1.0t17.8x21.2x1.2x
Sun, 02 Apr 2023JP¥20.1tJP¥17.5tJP¥978.8b17.8x20.5x1.2x
Tue, 28 Feb 2023JP¥21.3tJP¥18.3tJP¥1.1t17.6x20.3x1.2x
Price to Earnings Ratio

20.3x


Total Market Cap: JP¥21.3tTotal Earnings: JP¥1.1tTotal Revenue: JP¥18.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese IT Industry Price to Earnings3Y Average 24.3x202420252026
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 20.3x which is lower than its 3-year average PE of 24.3x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 6.6% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.7% 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-0.13%
Tech0.99%
IT-2.80%
Data Processing Services0.96%
IT Consulting-2.80%
Internet Services and Infrastructure-2.82%
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 41.1x.
    • Analysts are expecting annual earnings growth of 19.4%, which is lower than the prior year's growth of 24.5% per year.
  • Investors are most pessimistic about the Data Processing Services industry, which is trading below its 3-year average of 17.3x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 19% over the next 5 years.
  • However this is lower than its past earnings growth rate of 24% per year.
  • In contrast, the Data Processing Services industry is expected to see its earnings grow by 6.5% 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
4684 OBICLtdJP¥3.88k1.0%
+JP¥13.4b		-12.4%PE23.3x
3697 SHIFTJP¥657.105.4%
+JP¥8.6b		-52.1%PE19.2x
4373 Simplex HoldingsJP¥834.004.3%
+JP¥7.6b		19.2%PE18x
2327 NS SolutionsJP¥3.66k1.0%
+JP¥6.8b		-11.1%PE24.1x
4768 OtsukaJP¥3.04k0.6%
+JP¥6.4b		-13.2%PE17.9x

Latest News

4768
JP¥3,040.00
Otsuka
7D
0.6%
1Y
-13.2%
6580
JP¥1,639.00
WriteupLtd
7D
-35.3%
1Y
1.9%
9449
JP¥2,930.00
GMO internet group
7D
-7.2%
1Y
2.2%

9449: Share Repurchases And AI Expansion Will Support Stronger Shareholder Returns

Analysts have kept their ¥5,000 price target on GMO Internet Group steady, citing a slightly lower discount rate, a modestly softer revenue growth outlook, and a small improvement in expected profit margin and future P/E assumptions as reasons for only fine tuning their models rather than changing the headline target. What's in the News The board approved a proposal to amend the Articles of Incorporation, aiming to expand and reinforce operations in AI, robotics and cybersecurity, and to add new purposes related to insurance and small-amount and short-term insurance businesses, subject to approval at the FY2025 AGM on March 19, 2026 (Changes in Company Bylaws/Rules, Feb 16, 2026).
6702
JP¥3,630.00
Fujitsu
7D
-5.2%
1Y
22.7%
4684
JP¥3,883.00
OBICLtd
7D
1.0%
1Y
-12.4%

Returns At OBICLtd (TSE:4684) Appear To Be Weighed Down

Feb 16
Returns At OBICLtd (TSE:4684) Appear To Be Weighed Down
4481
JP¥3,210.00
Base
7D
8.8%
1Y
-0.8%
3962
JP¥939.00
CHANGE HoldingsInc
7D
-6.1%
1Y
-28.4%
9759
JP¥2,840.00
NSD
7D
-2.3%
1Y
-17.6%

NSD (TSE:9759) Has A Rock Solid Balance Sheet

Feb 14
NSD (TSE:9759) Has A Rock Solid Balance Sheet
4819
JP¥2,042.00
Digital Garage
7D
4.7%
1Y
-55.5%
6701
JP¥3,916.00
NEC
7D
-4.5%
1Y
29.5%

The Price Is Right For NEC Corporation (TSE:6701) Even After Diving 31%

Feb 13
The Price Is Right For NEC Corporation (TSE:6701) Even After Diving 31%
4307
JP¥3,833.00
Nomura Research Institute
7D
-5.4%
1Y
-26.7%

Nomura Research Institute, Ltd.'s (TSE:4307) 32% Cheaper Price Remains In Tune With Earnings

Feb 13
Nomura Research Institute, Ltd.'s (TSE:4307) 32% Cheaper Price Remains In Tune With Earnings
3626
JP¥3,109.00
TIS
7D
-2.0%
1Y
-18.9%
4828
JP¥1,407.00
Business Engineering
7D
6.1%
1Y
80.6%
2327
JP¥3,660.00
NS Solutions
7D
1.0%
1Y
-11.1%

Why NS Solutions' (TSE:2327) Shaky Earnings Are Just The Beginning Of Its Problems

Feb 06
Why NS Solutions' (TSE:2327) Shaky Earnings Are Just The Beginning Of Its Problems
3697
JP¥657.10
SHIFT
7D
5.4%
1Y
-52.1%
4373
JP¥834.00
Simplex Holdings
7D
4.3%
1Y
19.2%