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Japanese (NIKKEI) Application Software Industry Analysis

UpdatedApr 26, 2024
DataAggregated Company Financials
Companies138
  • 7D-1.7%
  • 3M-7.7%
  • 1Y-1.5%
  • YTDn/a

The Application Software industry is up 1.7% in the last week, with Money Forward up 6.0%. During this same period, the OBIC Business Consultants underperformed, falling 6.2%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Apr 2024JP¥3.9tJP¥1.2tJP¥70.6b22.3x55.1x3.2x
Sun, 24 Mar 2024JP¥4.5tJP¥1.2tJP¥68.2b24.3x65.8x3.7x
Tue, 20 Feb 2024JP¥4.3tJP¥1.2tJP¥65.7b25.7x64.9x3.5x
Thu, 18 Jan 2024JP¥4.1tJP¥1.2tJP¥68.5b23.2x60.2x3.3x
Sat, 16 Dec 2023JP¥4.1tJP¥1.2tJP¥68.0b21.7x61x3.3x
Mon, 13 Nov 2023JP¥4.0tJP¥1.2tJP¥66.4b21.6x60x3.3x
Wed, 11 Oct 2023JP¥3.9tJP¥1.2tJP¥63.8b23.4x61.6x3.3x
Fri, 08 Sep 2023JP¥4.1tJP¥1.2tJP¥63.1b24.9x65.7x3.5x
Sun, 06 Aug 2023JP¥4.1tJP¥1.2tJP¥58.2b24.3x71.1x3.5x
Tue, 04 Jul 2023JP¥4.3tJP¥1.1tJP¥57.1b23.3x76.1x3.8x
Thu, 01 Jun 2023JP¥4.1tJP¥1.1tJP¥57.1b21.3x71.3x3.6x
Sat, 29 Apr 2023JP¥4.0tJP¥1.1tJP¥51.1b22.2x78.3x3.6x
Mon, 27 Mar 2023JP¥3.9tJP¥1.1tJP¥51.9b23.9x74.9x3.6x
Wed, 22 Feb 2023JP¥3.7tJP¥1.1tJP¥53.1b25.1x70.4x3.4x
Fri, 20 Jan 2023JP¥3.6tJP¥1.1tJP¥50.0b23.7x72.7x3.4x
Sun, 18 Dec 2022JP¥3.6tJP¥1.0tJP¥52.3b23.7x68.8x3.4x
Tue, 15 Nov 2022JP¥3.7tJP¥1.0tJP¥58.1b23.6x64.4x3.6x
Thu, 13 Oct 2022JP¥3.3tJP¥1.0tJP¥66.0b23.6x49.8x3.2x
Sat, 10 Sep 2022JP¥3.5tJP¥1.0tJP¥65.4b25.3x53.1x3.4x
Mon, 08 Aug 2022JP¥3.6tJP¥1.0tJP¥76.9b25.8x47.4x3.6x
Wed, 06 Jul 2022JP¥3.3tJP¥1.0tJP¥77.5b25x42.4x3.3x
Fri, 03 Jun 2022JP¥3.3tJP¥1.0tJP¥77.8b24.3x42.3x3.2x
Sun, 01 May 2022JP¥3.6tJP¥999.5bJP¥80.9b22.9x44x3.6x
Tue, 29 Mar 2022JP¥3.6tJP¥986.5bJP¥83.6b23x42.9x3.6x
Thu, 24 Feb 2022JP¥3.3tJP¥987.0bJP¥84.2b19.9x39.7x3.4x
Sat, 22 Jan 2022JP¥3.8tJP¥952.1bJP¥84.4b22.3x45.2x4x
Mon, 20 Dec 2021JP¥4.6tJP¥954.1bJP¥83.8b22.5x54.6x4.8x
Wed, 17 Nov 2021JP¥5.5tJP¥954.2bJP¥84.5b27.2x64.8x5.7x
Fri, 15 Oct 2021JP¥5.2tJP¥924.6bJP¥72.7b28.7x71.1x5.6x
Sun, 12 Sep 2021JP¥5.6tJP¥948.1bJP¥71.1b30.7x79.4x6x
Tue, 10 Aug 2021JP¥5.0tJP¥947.9bJP¥71.1b29.7x69.7x5.2x
Mon, 03 May 2021JP¥5.0tJP¥923.1bJP¥69.7b36.9x71.6x5.4x
Price to Earnings Ratio

71.6x


Total Market Cap: JP¥5.0tTotal Earnings: JP¥69.7bTotal Revenue: JP¥923.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Application Software Industry Price to Earnings3Y Average 61.7x202220232024
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 56.5x which is lower than its 3-year average PE of 61.7x.
  • The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 9.6% 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 Comparison

How does Japanese Application Software compare with similar industries?

JP Market-0.51%
Tech-3.11%
Software-0.26%
Application Software-1.71%
Systems Software1.38%
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¥5.53k6.0%
+JP¥18.2b		1.4%PS9.1x
4443 SansanJP¥1.45k3.3%
+JP¥5.8b		-18.0%PS5.8x
4686 JustSystemsJP¥2.67k2.1%
+JP¥3.5b		-23.5%PE13.9x
4478 freee K.KJP¥2.76k1.1%
+JP¥1.9b		-25.4%PS7.2x
4776 CybozuJP¥1.61k1.4%
+JP¥1.0b		-38.8%PE30.8x
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Latest News

4733

JP¥6,258.00

OBIC Business Consultants

7D

-6.2%

1Y

21.5%

4180

JP¥1,304.00

Appier Group

7D

-2.2%

1Y

-9.8%

Appier Group (TSE:4180) Seems To Use Debt Quite Sensibly

Apr 24
Appier Group (TSE:4180) Seems To Use Debt Quite Sensibly

3923

JP¥1,557.00

Rakus

7D

-4.2%

1Y

-23.6%

Here's What Rakus' (TSE:3923) Strong Returns On Capital Mean

Apr 21
Here's What Rakus' (TSE:3923) Strong Returns On Capital Mean

4686

JP¥2,669.00

JustSystems

7D

2.1%

1Y

-23.5%

4478

JP¥2,755.00

freee K.K

7D

1.1%

1Y

-25.4%

freee K.K. (TSE:4478) Shares Slammed 26% But Getting In Cheap Might Be Difficult Regardless

Apr 18
freee K.K. (TSE:4478) Shares Slammed 26% But Getting In Cheap Might Be Difficult Regardless

4071

JP¥2,024.00

Plus Alpha ConsultingLtd

7D

-5.5%

1Y

-28.6%

Here's What Plus Alpha ConsultingLtd's (TSE:4071) Strong Returns On Capital Mean

Apr 17
Here's What Plus Alpha ConsultingLtd's (TSE:4071) Strong Returns On Capital Mean

3994

JP¥5,529.00

Money Forward

7D

6.0%

1Y

1.4%

Money Forward, Inc. (TSE:3994) First-Quarter Results: Here's What Analysts Are Forecasting For This Year

Apr 16
Money Forward, Inc. (TSE:3994) First-Quarter Results: Here's What Analysts Are Forecasting For This Year

4776

JP¥1,609.00

Cybozu

7D

1.4%

1Y

-38.8%

6047

JP¥723.00

Gunosy

7D

-12.0%

1Y

20.7%

4443

JP¥1,447.00

Sansan

7D

3.3%

1Y

-18.0%

3905

JP¥1,579.00

Datasection

7D

-18.6%

1Y

484.8%

Datasection Inc.'s (TSE:3905) 89% Share Price Surge Not Quite Adding Up

Apr 11
Datasection Inc.'s (TSE:3905) 89% Share Price Surge Not Quite Adding Up

3993

JP¥4,425.00

PKSHA Technology

7D

-8.0%

1Y

135.6%

5027

JP¥1,037.00

AnyMind Group

7D

1.7%

1Y

6.0%

If EPS Growth Is Important To You, AnyMind Group (TSE:5027) Presents An Opportunity

Mar 31
If EPS Growth Is Important To You, AnyMind Group (TSE:5027) Presents An Opportunity

4375

JP¥605.00

Safie

7D

2.7%

1Y

-29.1%

145A

JP¥1,108.00

L is B

7D

22.7%

1Y

n/a

4813

JP¥1,377.00

Access

7D

-4.7%

1Y

64.7%