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Japanese (NIKKEI) Application Software Industry Analysis

UpdatedAug 19, 2025
DataAggregated Company Financials
Companies145
  • 7D2.8%
  • 3M18.1%
  • 1Y30.0%
  • YTDn/a

Last week, the Application Software industry hasn't moved much but Rakus is up 14% in that time. As for the the longer term, the industry is up 25% over the past 12 months. Looking forward, earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Aug 2025JP¥5.2tJP¥1.5tJP¥114.4b22.1x45.6x3.5x
Thu, 17 Jul 2025JP¥4.7tJP¥1.5tJP¥105.6b21.2x44.9x3.3x
Sat, 14 Jun 2025JP¥4.7tJP¥1.4tJP¥113.6b22.2x41.7x3.3x
Mon, 12 May 2025JP¥4.5tJP¥1.4tJP¥108.2b21.6x41.8x3.3x
Wed, 09 Apr 2025JP¥3.9tJP¥1.4tJP¥104.0b17.8x37.6x2.8x
Fri, 07 Mar 2025JP¥4.4tJP¥1.4tJP¥104.3b20x41.8x3.2x
Sun, 02 Feb 2025JP¥4.4tJP¥1.3tJP¥90.8b21.6x48.5x3.3x
Tue, 31 Dec 2024JP¥4.4tJP¥1.3tJP¥92.1b23.7x47.8x3.3x
Thu, 28 Nov 2024JP¥4.3tJP¥1.3tJP¥91.5b22.4x46.6x3.2x
Sat, 26 Oct 2024JP¥4.1tJP¥1.3tJP¥84.2b23.1x48.9x3.2x
Mon, 23 Sep 2024JP¥4.4tJP¥1.3tJP¥84.2b23x52.5x3.4x
Wed, 21 Aug 2024JP¥4.1tJP¥1.3tJP¥81.6b21x50.8x3.2x
Fri, 19 Jul 2024JP¥4.4tJP¥1.3tJP¥74.3b24.5x58.9x3.5x
Sun, 16 Jun 2024JP¥4.0tJP¥1.2tJP¥73.0b22.8x54.7x3.2x
Tue, 14 May 2024JP¥4.1tJP¥1.2tJP¥70.7b22.5x57.4x3.3x
Thu, 11 Apr 2024JP¥4.3tJP¥1.2tJP¥68.4b24.2x62.2x3.5x
Sat, 09 Mar 2024JP¥4.4tJP¥1.2tJP¥65.8b25.4x67.6x3.7x
Mon, 05 Feb 2024JP¥4.3tJP¥1.3tJP¥70.3b25.7x61.6x3.5x
Wed, 03 Jan 2024JP¥4.2tJP¥1.2tJP¥68.6b23.7x61.9x3.4x
Fri, 01 Dec 2023JP¥4.3tJP¥1.2tJP¥70.2b22.5x60.9x3.4x
Sun, 29 Oct 2023JP¥3.6tJP¥1.2tJP¥66.5b21.6x54.8x3x
Tue, 26 Sep 2023JP¥4.0tJP¥1.2tJP¥63.7b24.4x62.4x3.3x
Thu, 24 Aug 2023JP¥4.0tJP¥1.2tJP¥63.5b24.2x63.1x3.4x
Sat, 22 Jul 2023JP¥4.2tJP¥1.2tJP¥57.3b22.8x72.7x3.6x
Mon, 19 Jun 2023JP¥4.5tJP¥1.1tJP¥57.0b23x79.3x4x
Wed, 17 May 2023JP¥4.1tJP¥1.1tJP¥55.8b21.9x73.2x3.6x
Fri, 14 Apr 2023JP¥3.9tJP¥1.1tJP¥52.3b25.5x75.2x3.5x
Sun, 12 Mar 2023JP¥3.8tJP¥1.1tJP¥52.9b25.5x71.8x3.5x
Tue, 07 Feb 2023JP¥3.9tJP¥1.1tJP¥50.6b24.9x76.6x3.6x
Thu, 05 Jan 2023JP¥3.4tJP¥1.1tJP¥51.9b22.3x64.9x3.2x
Sat, 03 Dec 2022JP¥3.8tJP¥1.0tJP¥52.2b24.1x71.8x3.6x
Mon, 31 Oct 2022JP¥3.5tJP¥1.0tJP¥61.6b24.2x57.3x3.4x
Wed, 28 Sep 2022JP¥3.2tJP¥1.0tJP¥65.6b23.9x48.9x3.1x
Fri, 26 Aug 2022JP¥3.5tJP¥1.0tJP¥65.9b24.6x53x3.4x
Price to Earnings Ratio

53x


Total Market Cap: JP¥3.5tTotal Earnings: JP¥65.9bTotal Revenue: JP¥1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Application Software Industry Price to Earnings3Y Average 57.8x202320242025
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 44.6x which is lower than its 3-year average PE of 57.8x.
  • The industry is trading close to its 3-year average PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 20% 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 Market3.05%
Tech1.80%
Software1.27%
Application Software2.84%
Systems Software-0.74%
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
3923 RakusJP¥2.71k12.6%
+JP¥54.7b		19.6%PE51.6x
4686 JustSystemsJP¥4.84k8.5%
+JP¥24.4b		46.2%PE23.8x
3994 Money ForwardJP¥6.68k6.1%
+JP¥21.1b		29.7%PS8.5x
4443 SansanJP¥1.98k4.6%
+JP¥11.0b		-4.5%PE591.3x
4776 CybozuJP¥4.15k5.6%
+JP¥10.2b		149.4%PE35.9x

Latest News

4686
JP¥4,840.00
JustSystems
7D
8.5%
1Y
46.2%
4375
JP¥1,058.00
Safie
7D
-8.4%
1Y
54.0%
3763
JP¥3,370.00
Pro-Ship
7D
-4.5%
1Y
149.1%
4180
JP¥1,586.00
Appier Group
7D
4.5%
1Y
6.6%
4478
JP¥3,450.00
freee K.K
7D
-13.6%
1Y
28.8%

The freee K.K. (TSE:4478) Yearly Results Are Out And Analysts Have Published New Forecasts

Aug 16
The freee K.K. (TSE:4478) Yearly Results Are Out And Analysts Have Published New Forecasts
3923
JP¥2,711.50
Rakus
7D
12.6%
1Y
19.6%

Rakus Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Aug 15
Rakus Co., Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
3993
JP¥3,705.00
PKSHA Technology
7D
5.0%
1Y
22.1%
4071
JP¥2,492.00
Plus Alpha ConsultingLtd
7D
5.6%
1Y
50.7%
4488
JP¥3,310.00
AI inside
7D
-20.6%
1Y
-15.9%
4733
JP¥8,800.00
OBIC Business Consultants
7D
-2.3%
1Y
38.6%

OBIC Business Consultants Co., Ltd. (TSE:4733) Not Lagging Market On Growth Or Pricing

Aug 12
OBIC Business Consultants Co., Ltd. (TSE:4733) Not Lagging Market On Growth Or Pricing
4776
JP¥4,145.00
Cybozu
7D
5.6%
1Y
149.4%
2317
JP¥495.00
Systena
7D
-2.6%
1Y
32.4%

Systena Corporation (TSE:2317) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

Aug 07
Systena Corporation (TSE:2317) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
3673
JP¥715.00
Broadleaf
7D
-3.4%
1Y
-2.6%
3994
JP¥6,682.00
Money Forward
7D
6.1%
1Y
29.7%

Money Forward, Inc. (TSE:3994) Looks Just Right With A 25% Price Jump

Jul 31
Money Forward, Inc. (TSE:3994) Looks Just Right With A 25% Price Jump
4432
JP¥3,720.00
WingArc1st
7D
-2.7%
1Y
37.4%
4443
JP¥1,984.00
Sansan
7D
4.6%
1Y
-4.5%

Sansan, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Jul 17
Sansan, Inc. Just Missed Earnings - But Analysts Have Updated Their Models