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Japanese (NIKKEI) Semiconductors Industry Analysis

UpdatedApr 15, 2026
DataAggregated Company Financials
Companies57
  • 7D23.3%
  • 3M30.9%
  • 1Y230.4%
  • YTD46.5%

The Semiconductors industry is up 16% in the last week, with Kioxia Holdings up 50%. In the last 12 months, the industry was up 209%. As for the next few years, earnings are expected to grow by 29% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 15 Apr 2026JP¥87.2tJP¥11.4tJP¥1.4t28.1x63x7.7x
Fri, 13 Mar 2026JP¥73.6tJP¥11.4tJP¥1.4t23.4x53x6.5x
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
Price to Earnings Ratio

15.1x


Total Market Cap: JP¥22.4tTotal Earnings: JP¥1.5tTotal Revenue: JP¥8.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Semiconductors Industry Price to Earnings3Y Average 27.9x202420252026
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 58.9x which is higher than its 3-year average PE of 27.9x.
  • The 3-year average PS ratio of 4.1x is lower than the industry's current PS ratio of 7.2x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor industry have declined 2.2% per year 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, which has decreased profits.

Industry Trends

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

JP Market3.22%
Tech12.84%
Semiconductors23.28%
Semiconductors37.72%
Semiconductor Equipment17.79%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 34.2x.
    • Analysts are expecting annual earnings growth of 54.4%, which is higher than its past year's earnings decline of 36.3% 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 30.2x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 54% over the next 5 years.
  • This is better than its past earnings decline of 36% per year.
  • In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 18% 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
285A Kioxia HoldingsJP¥35.00k50.4%
+JP¥6.4t		1,700.4%PE114.3x
6857 AdvantestJP¥27.00k21.6%
+JP¥3.5t		365.3%PE68.5x
8035 Tokyo ElectronJP¥43.70k13.7%
+JP¥2.4t		118.6%PE39.5x
6146 DiscoJP¥71.63k14.0%
+JP¥951.2b		153.7%PE59.2x
6723 Renesas ElectronicsJP¥2.73k18.2%
+JP¥761.6b		63.6%PS3.8x

Latest News

6857
JP¥27,000.00
Advantest
7D
21.6%
1Y
365.3%

6857: AI And HPC Hype Will Outrun Earnings Despite Aggressive Buybacks

Analysts have raised their price target for Advantest from approximately ¥15,900 to about ¥21,900, citing updated assumptions for higher revenue growth, a stronger profit margin profile, and a slightly lower projected P/E multiple. What's in the News Advantest reported completing a share repurchase of 2,048,700 shares, about 0.28% of outstanding shares, for ¥67,680.2 million under the buyback announced on October 28, 2025.
6525
JP¥7,200.00
Kokusai Electric
7D
39.9%
1Y
211.7%
6920
JP¥42,800.00
Lasertec
7D
17.0%
1Y
258.2%
6526
JP¥1,830.00
Socionext
7D
-2.1%
1Y
20.2%
6723
JP¥2,732.50
Renesas Electronics
7D
18.2%
1Y
63.6%
285A
JP¥35,000.00
Kioxia Holdings
7D
50.4%
1Y
1,700.4%
8035
JP¥43,700.00
Tokyo Electron
7D
13.7%
1Y
118.6%

8035: Future Buybacks And Dividend Policy Will Support A Higher Share Price

Analysts have lifted their price target on Tokyo Electron from ¥54,000 to ¥62,000. This reflects updated assumptions that include a slightly higher discount rate, more moderate revenue growth and profit margin expectations, and a higher future P/E multiple of 38.93 versus the prior 25.55.
7735
JP¥11,200.00
SCREEN Holdings
7D
21.4%
1Y
138.9%

7735: Stock Split And Higher Margins Will Support Stronger Upside Potential

Analysts have lowered their price target for SCREEN Holdings from ¥32,500 to ¥16,250. This revision reflects updated assumptions that incorporate a slightly higher discount rate, more moderate revenue growth expectations, a modestly higher profit margin, and a higher future P/E multiple.
5216
JP¥163.00
Kuramoto
7D
-3.0%
1Y
-20.5%
6146
JP¥71,630.00
Disco
7D
14.0%
1Y
153.7%
7836
JP¥88.00
AVIXInc
7D
-1.1%
1Y
-12.9%