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Japanese (NIKKEI) Application Software Industry Analysis

UpdatedDec 20, 2025
DataAggregated Company Financials
Companies146
  • 7D1.1%
  • 3M-11.1%
  • 1Y6.1%
  • YTDn/a

In the last week, the Application Software industry is up 1.2%, with Money Forward leading the way, up 4.7%. During this same period, the PKSHA Technology underperformed, falling 5.9%. In the last 12 months, the industry was up 5.2%. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the Japanese Application Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 20 Dec 2025JP¥4.7tJP¥1.5tJP¥125.4b20.7x37.2x3x
Mon, 17 Nov 2025JP¥4.8tJP¥1.5tJP¥121.4b22.2x39.4x3.1x
Wed, 15 Oct 2025JP¥4.8tJP¥1.5tJP¥114.2b21.5x41.8x3.2x
Fri, 12 Sep 2025JP¥5.2tJP¥1.5tJP¥114.5b23.8x45.2x3.5x
Sun, 10 Aug 2025JP¥5.1tJP¥1.5tJP¥107.8b22.2x47.1x3.5x
Tue, 08 Jul 2025JP¥4.7tJP¥1.4tJP¥108.2b20.8x43.8x3.3x
Thu, 05 Jun 2025JP¥4.8tJP¥1.5tJP¥113.6b22x41.9x3.3x
Sat, 03 May 2025JP¥4.4tJP¥1.4tJP¥107.6b21.4x40.5x3.1x
Mon, 31 Mar 2025JP¥4.4tJP¥1.4tJP¥100.4b20.4x43.7x3.2x
Wed, 26 Feb 2025JP¥4.5tJP¥1.4tJP¥104.3b20.4x43.1x3.3x
Fri, 24 Jan 2025JP¥4.2tJP¥1.3tJP¥90.6b21.4x45.9x3.1x
Sun, 22 Dec 2024JP¥4.4tJP¥1.3tJP¥93.4b22.9x46.9x3.3x
Tue, 19 Nov 2024JP¥4.2tJP¥1.3tJP¥92.2b22.4x45.8x3.2x
Thu, 17 Oct 2024JP¥4.4tJP¥1.3tJP¥83.7b24.2x52.5x3.4x
Sat, 14 Sep 2024JP¥4.4tJP¥1.3tJP¥84.5b21.4x51.6x3.4x
Mon, 12 Aug 2024JP¥3.8tJP¥1.3tJP¥77.0b19.7x48.9x3x
Wed, 10 Jul 2024JP¥4.2tJP¥1.2tJP¥72.9b24.5x57.8x3.4x
Fri, 07 Jun 2024JP¥3.9tJP¥1.2tJP¥73.9b22.5x52.9x3.1x
Sun, 05 May 2024JP¥4.0tJP¥1.2tJP¥71.3b23.1x55.9x3.3x
Tue, 02 Apr 2024JP¥4.4tJP¥1.2tJP¥68.4b25.3x64x3.6x
Thu, 29 Feb 2024JP¥4.5tJP¥1.2tJP¥65.8b25.1x68.7x3.8x
Sat, 27 Jan 2024JP¥4.3tJP¥1.3tJP¥69.7b25.3x61.5x3.4x
Mon, 25 Dec 2023JP¥4.1tJP¥1.2tJP¥68.5b23.4x59.9x3.3x
Wed, 22 Nov 2023JP¥4.2tJP¥1.2tJP¥70.2b22.5x60.3x3.4x
Fri, 20 Oct 2023JP¥3.7tJP¥1.2tJP¥65.6b22.3x56.4x3.1x
Sun, 17 Sep 2023JP¥4.1tJP¥1.2tJP¥63.6b24x63.7x3.4x
Tue, 15 Aug 2023JP¥4.0tJP¥1.2tJP¥59.1b24.9x67.2x3.4x
Thu, 13 Jul 2023JP¥4.1tJP¥1.1tJP¥57.1b23.6x72.4x3.6x
Sat, 10 Jun 2023JP¥4.2tJP¥1.1tJP¥57.1b22.5x73.6x3.7x
Mon, 08 May 2023JP¥4.0tJP¥1.1tJP¥52.0b22.2x77.1x3.6x
Wed, 05 Apr 2023JP¥4.0tJP¥1.1tJP¥52.1b25.7x76.4x3.6x
Fri, 03 Mar 2023JP¥3.7tJP¥1.1tJP¥53.0b25.2x69.9x3.4x
Sun, 29 Jan 2023JP¥3.8tJP¥1.1tJP¥49.3b24.5x76.7x3.6x
Tue, 27 Dec 2022JP¥3.4tJP¥1.1tJP¥51.9b22.5x65x3.2x
Price to Earnings Ratio

65x


Total Market Cap: JP¥3.4tTotal Earnings: JP¥51.9bTotal Revenue: JP¥1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Application Software Industry Price to Earnings3Y Average 55.9x202320242025
Current Industry PE
  • Investors are pessimistic on the Japanese Application Software 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 36.8x which is lower than its 3-year average PE of 56.0x.
  • The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 34% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Japanese Application Software compare with similar industries?

JP Market-0.91%
Tech-2.87%
Software1.33%
Application Software1.15%
Systems Software1.59%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
3994 Money ForwardJP¥4.42k4.8%
+JP¥11.1b
-12.6%PS5.3x
4071 Plus Alpha ConsultingLtdJP¥2.45k7.4%
+JP¥7.2b
30.3%PE31.8x
4443 SansanJP¥1.74k3.3%
+JP¥7.0b
-27.2%PE200.8x
5027 AnyMind GroupJP¥625.0020.2%
+JP¥6.3b
-35.4%PE22.4x
4733 OBIC Business ConsultantsJP¥8.68k0.9%
+JP¥5.9b
23.5%PE38.8x

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