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Japanese (NIKKEI) Semiconductors Industry Analysis

UpdatedFeb 08, 2026
DataAggregated Company Financials
Companies57
  • 7D-2.7%
  • 3M30.3%
  • 1Y103.3%
  • YTD21.1%

Over the last 7 days, the Semiconductors industry has dropped 2.7%, driven by a pullback from Kioxia Holdings of 11%. In contrast, Renesas Electronics has gained 15%. In the past year, the industry has gained 103%. Looking forward, earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 08 Feb 2026JP¥72.3tJP¥11.3tJP¥1.4t23.4x51.5x6.4x
Tue, 06 Jan 2026JP¥59.5tJP¥11.2tJP¥1.4t21.8x42.2x5.3x
Thu, 04 Dec 2025JP¥53.9tJP¥11.2tJP¥1.4t20.6x38.3x4.8x
Sat, 01 Nov 2025JP¥58.8tJP¥11.1tJP¥1.5t19.7x39x5.3x
Mon, 29 Sep 2025JP¥42.6tJP¥11.0tJP¥1.4t16x30.1x3.9x
Wed, 27 Aug 2025JP¥34.0tJP¥11.0tJP¥1.4t15.9x24x3.1x
Fri, 25 Jul 2025JP¥38.8tJP¥11.0tJP¥1.7t17x22.9x3.5x
Sun, 22 Jun 2025JP¥34.4tJP¥11.0tJP¥1.7t14.1x20.3x3.1x
Tue, 20 May 2025JP¥31.5tJP¥11.2tJP¥1.7t14x18.4x2.8x
Thu, 17 Apr 2025JP¥26.2tJP¥11.0tJP¥1.8t11.3x14.8x2.4x
Sat, 15 Mar 2025JP¥33.4tJP¥11.0tJP¥1.8t12.5x18.9x3x
Mon, 10 Feb 2025JP¥36.3tJP¥10.8tJP¥1.6t13.9x22.3x3.4x
Wed, 08 Jan 2025JP¥37.6tJP¥10.5tJP¥1.5t14.1x24.4x3.6x
Fri, 06 Dec 2024JP¥34.2tJP¥9.1tJP¥1.4t13.6x23.9x3.8x
Sun, 03 Nov 2024JP¥33.9tJP¥9.0tJP¥1.4t15.7x25x3.8x
Tue, 01 Oct 2024JP¥33.9tJP¥8.9tJP¥1.3t15.6x25.4x3.8x
Thu, 29 Aug 2024JP¥36.4tJP¥8.9tJP¥1.3t16.9x27.3x4.1x
Sat, 27 Jul 2024JP¥37.2tJP¥8.6tJP¥1.3t17x29.6x4.3x
Mon, 24 Jun 2024JP¥45.8tJP¥8.6tJP¥1.3t22.3x36.1x5.3x
Wed, 22 May 2024JP¥46.0tJP¥8.6tJP¥1.3t22x36.2x5.3x
Fri, 19 Apr 2024JP¥45.2tJP¥8.6tJP¥1.3t20.2x34.1x5.3x
Sun, 17 Mar 2024JP¥43.8tJP¥8.6tJP¥1.3t19.9x33.1x5.1x
Tue, 13 Feb 2024JP¥41.2tJP¥8.6tJP¥1.4t19.7x30.4x4.8x
Thu, 11 Jan 2024JP¥34.9tJP¥8.7tJP¥1.4t16.1x25.5x4x
Sat, 09 Dec 2023JP¥31.8tJP¥8.7tJP¥1.4t16.5x23.2x3.7x
Mon, 06 Nov 2023JP¥29.1tJP¥8.8tJP¥1.5t15x19.3x3.3x
Wed, 04 Oct 2023JP¥28.5tJP¥8.6tJP¥1.5t14.6x19x3.3x
Fri, 01 Sep 2023JP¥30.1tJP¥8.5tJP¥1.5t14.6x20.1x3.5x
Sun, 30 Jul 2023JP¥30.2tJP¥8.6tJP¥1.5t13.1x19.6x3.5x
Tue, 27 Jun 2023JP¥28.6tJP¥8.6tJP¥1.6t13.5x18.5x3.3x
Thu, 25 May 2023JP¥25.5tJP¥8.6tJP¥1.6t11.5x16.4x3x
Sat, 22 Apr 2023JP¥22.4tJP¥8.4tJP¥1.5t10.6x15.1x2.7x
Mon, 20 Mar 2023JP¥22.6tJP¥8.3tJP¥1.5t10.7x15.3x2.7x
Wed, 15 Feb 2023JP¥21.4tJP¥8.3tJP¥1.5t9.9x14.4x2.6x
Price to Earnings Ratio

14.4x


Total Market Cap: JP¥21.4tTotal Earnings: JP¥1.5tTotal Revenue: JP¥8.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Semiconductors Industry Price to Earnings3Y Average 25.6x202420252026
Current Industry PE
  • Investors are optimistic on the Japanese Semiconductor industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 51.5x which is higher than its 3-year average PE of 25.6x.
  • The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 6.4x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 11% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

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

JP Market3.36%
Tech-2.82%
Semiconductors-2.68%
Semiconductor Equipment-2.62%
Semiconductors-2.85%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 25.9x.
    • Analysts are expecting annual earnings growth of 36.0%, which is higher than its past year's earnings decline of 14.1% per year.
  • Investors are most pessimistic about the Semiconductor Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 28.5x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 15% 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
6723 Renesas ElectronicsJP¥2.96k14.8%
+JP¥694.6b		19.9%PS4.1x
6941 Yamaichi ElectronicsLtdJP¥8.97k52.3%
+JP¥56.7b		301.9%PE21.3x
7735 SCREEN HoldingsJP¥20.16k2.5%
+JP¥47.3b		97.6%PE22.4x
6590 Shibaura MechatronicsJP¥25.37k8.3%
+JP¥25.6b		175.8%PE27.2x
6875 MegaChipsJP¥8.88k4.5%
+JP¥19.5b		54.4%PE10.6x

Latest News

6590
JP¥25,370.00
Shibaura Mechatronics
7D
8.3%
1Y
175.8%

Results: Shibaura Mechatronics Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Feb 08
Results: Shibaura Mechatronics Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
6875
JP¥8,880.00
MegaChips
7D
4.5%
1Y
54.4%
8035
JP¥41,030.00
Tokyo Electron
7D
-0.7%
1Y
60.9%
7735
JP¥20,160.00
SCREEN Holdings
7D
2.5%
1Y
97.6%

7735: Earnings Guidance And Stock Split Will Continue To Limit Upside

Analysts have maintained their ¥12,000 price target for SCREEN Holdings, citing updated assumptions of higher revenue growth, a slightly stronger profit margin, a lower future P/E multiple, and a modestly reduced discount rate. What's in the News The Board of Directors approved a stock split, along with related changes to the Articles of Incorporation, scheduled to take effect on April 1, 2026 (Key Developments).
6963
JP¥2,509.50
ROHM
7D
-6.8%
1Y
62.5%

6963: Product Pipeline And Cost Pressures Will Shape Balanced Fair Value Outlook

Analysts have raised their fair value estimate for ROHM from ¥2,240.91 to ¥2,395.45, citing slightly revised assumptions for the discount rate, revenue growth, profit margin and future P/E to support the higher price target. What's in the News ROHM introduced the BD9xxN5 Series of 500mA LDO regulator ICs using its Nano Cap control technology, aimed at 12V and 24V automotive, industrial and communication infrastructure power supplies, with a focus on stable operation using small capacitors and reduced output voltage ripple (Key Developments).
6723
JP¥2,957.50
Renesas Electronics
7D
14.8%
1Y
19.9%
6920
JP¥30,190.00
Lasertec
7D
-17.0%
1Y
98.1%
6941
JP¥8,970.00
Yamaichi ElectronicsLtd
7D
52.3%
1Y
301.9%
6707
JP¥7,849.00
Sanken Electric
7D
7.1%
1Y
31.7%

Is Sanken Electric Co., Ltd. (TSE:6707) Trading At A 50% Discount?

Feb 03
Is Sanken Electric Co., Ltd. (TSE:6707) Trading At A 50% Discount?
6525
JP¥6,037.00
Kokusai Electric
7D
-5.7%
1Y
139.8%

6525: Fair Outlook Will Weigh Revised Earnings Guidance Against Mixed Street Expectations

Analysts have increased their fair value estimate for Kokusai Electric from ¥4,500 to ¥7,000, citing updated assumptions for revenue growth, profit margins and future P/E, even though some recent Street research points to more cautious expectations for earnings versus consensus. Analyst Commentary Recent Street commentary has been mixed, with some research highlighting limits to upside in near term earnings versus consensus, even as the new fair value estimate of ¥7,000 reflects more constructive assumptions on revenue, margins and future P/E.
6857
JP¥24,530.00
Advantest
7D
-3.8%
1Y
185.0%

6857: AI And HPC Hype Will Likely Outrun Earnings Reality

Analysts have lifted their price target on Advantest by roughly 20%, citing updated assumptions that reflect higher modeled revenue growth, an improved profit margin outlook, and a lower future P/E multiple. What's in the News Advantest plans a board meeting on January 28, 2026 to consider cancelling treasury shares, following recent share repurchases under its buyback program (company filing).
285A
JP¥19,095.00
Kioxia Holdings
7D
-10.6%
1Y
1,025.2%
6146
JP¥65,800.00
Disco
7D
-0.6%
1Y
43.0%
6055
JP¥1,643.00
JAPAN MATERIAL
7D
-7.9%
1Y
-0.7%

JAPAN MATERIAL Co., Ltd.'s (TSE:6055) Share Price Not Quite Adding Up

Jan 22
JAPAN MATERIAL Co., Ltd.'s (TSE:6055) Share Price Not Quite Adding Up
6966
JP¥783.00
Mitsui High-tec
7D
5.2%
1Y
-9.5%
6613
JP¥619.00
QD Laser
7D
36.3%
1Y
103.0%