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Japanese (NIKKEI) Application Software Industry Analysis

UpdatedMar 10, 2026
DataAggregated Company Financials
Companies144
  • 7D2.8%
  • 3M-14.8%
  • 1Y-8.0%
  • YTDn/a

Last week, the Application Software industry hasn't moved much but Money Forward is up 22% in that time. As for the longer term, the industry has declined 7.3% in the last year. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Mar 2026JP¥4.0tJP¥1.6tJP¥139.5b17.6x28.3x2.4x
Thu, 05 Feb 2026JP¥4.0tJP¥1.6tJP¥134.9b19.2x29.5x2.6x
Sat, 03 Jan 2026JP¥4.7tJP¥1.5tJP¥125.4b20.7x37.5x3x
Mon, 01 Dec 2025JP¥4.8tJP¥1.5tJP¥123.6b20.3x38.5x3.1x
Wed, 29 Oct 2025JP¥4.8tJP¥1.5tJP¥114.7b21.7x42.1x3.2x
Fri, 26 Sep 2025JP¥5.2tJP¥1.5tJP¥113.0b22.4x45.9x3.5x
Sun, 24 Aug 2025JP¥5.2tJP¥1.5tJP¥114.5b22.9x45.2x3.5x
Tue, 22 Jul 2025JP¥4.8tJP¥1.5tJP¥105.9b21.6x45.4x3.3x
Thu, 19 Jun 2025JP¥4.8tJP¥1.4tJP¥113.5b21.7x42.3x3.3x
Sat, 17 May 2025JP¥4.5tJP¥1.4tJP¥108.4b21.7x42x3.2x
Mon, 14 Apr 2025JP¥4.2tJP¥1.4tJP¥105.0b18.9x39.9x3x
Wed, 12 Mar 2025JP¥4.3tJP¥1.4tJP¥104.3b19.7x40.9x3.1x
Fri, 07 Feb 2025JP¥4.4tJP¥1.3tJP¥91.0b21.8x48.7x3.3x
Sun, 05 Jan 2025JP¥4.4tJP¥1.3tJP¥92.1b23.7x47.8x3.3x
Tue, 03 Dec 2024JP¥4.3tJP¥1.3tJP¥91.4b23.2x47.4x3.3x
Thu, 31 Oct 2024JP¥4.3tJP¥1.3tJP¥84.3b23.4x50.6x3.3x
Sat, 28 Sep 2024JP¥4.5tJP¥1.3tJP¥84.2b23.3x53.6x3.5x
Mon, 26 Aug 2024JP¥4.2tJP¥1.3tJP¥82.6b21.7x51.1x3.3x
Wed, 24 Jul 2024JP¥4.3tJP¥1.3tJP¥74.3b24.1x57.9x3.4x
Fri, 21 Jun 2024JP¥4.0tJP¥1.2tJP¥73.0b23.1x54.9x3.2x
Sun, 19 May 2024JP¥4.1tJP¥1.2tJP¥74.2b21.8x54.7x3.3x
Tue, 16 Apr 2024JP¥4.0tJP¥1.2tJP¥69.4b23.1x58.2x3.3x
Thu, 14 Mar 2024JP¥4.4tJP¥1.2tJP¥65.8b25x66.7x3.6x
Sat, 10 Feb 2024JP¥4.2tJP¥1.2tJP¥68.9b24.9x61.4x3.5x
Mon, 08 Jan 2024JP¥4.1tJP¥1.2tJP¥68.6b23.2x59.6x3.3x
Wed, 06 Dec 2023JP¥4.2tJP¥1.2tJP¥69.4b22.3x60.3x3.4x
Fri, 03 Nov 2023JP¥3.8tJP¥1.2tJP¥66.7b22.3x57x3.2x
Sun, 01 Oct 2023JP¥4.0tJP¥1.2tJP¥63.4b24x62.9x3.3x
Tue, 29 Aug 2023JP¥4.0tJP¥1.2tJP¥63.5b23.9x63.4x3.4x
Thu, 27 Jul 2023JP¥4.2tJP¥1.2tJP¥57.9b23.4x73x3.6x
Sat, 24 Jun 2023JP¥4.4tJP¥1.1tJP¥57.0b22.6x76.6x3.8x
Mon, 22 May 2023JP¥4.1tJP¥1.1tJP¥56.6b22.4x73x3.6x
Wed, 19 Apr 2023JP¥4.2tJP¥1.1tJP¥52.5b23.4x79.3x3.7x
Fri, 17 Mar 2023JP¥3.7tJP¥1.1tJP¥51.9b24.1x71.7x3.4x
Price to Earnings Ratio

71.7x


Total Market Cap: JP¥3.7tTotal Earnings: JP¥51.9bTotal Revenue: JP¥1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Application Software Industry Price to Earnings3Y Average 53.2x202420252026
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 28.5x which is lower than its 3-year average PE of 53.2x.
  • The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 39% per year over the last three years.
  • Revenues for these companies have grown 14% 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-8.02%
Tech-8.79%
Software2.11%
Application Software2.82%
Systems Software1.06%
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¥3.76k21.9%
+JP¥37.4b		-11.2%PE131x
4478 freee K.KJP¥2.50k22.7%
+JP¥27.4b		-31.6%PE168.4x
4733 OBIC Business ConsultantsJP¥6.50k5.5%
+JP¥25.3b		-8.8%PE28.7x
3923 RakusJP¥891.708.5%
+JP¥24.7b		-4.8%PE26.3x
4443 SansanJP¥1.27k10.6%
+JP¥15.4b		-36.0%PE78.1x

Latest News

4776
JP¥2,376.00
Cybozu
7D
8.4%
1Y
-11.9%
3673
JP¥860.00
Broadleaf
7D
20.8%
1Y
35.4%
3923
JP¥891.70
Rakus
7D
8.5%
1Y
-4.8%
2321
JP¥351.00
Softfront Holdings
7D
56.0%
1Y
219.1%
4323
JP¥2,008.00
Japan System Techniques
7D
-6.6%
1Y
8.7%
4686
JP¥3,620.00
JustSystems
7D
-1.8%
1Y
1.3%
4431
JP¥2,361.00
Smaregi
7D
-3.6%
1Y
-4.8%
3993
JP¥3,175.00
PKSHA Technology
7D
-2.3%
1Y
-0.2%
4478
JP¥2,496.00
freee K.K
7D
22.7%
1Y
-31.6%
4733
JP¥6,500.00
OBIC Business Consultants
7D
5.5%
1Y
-8.8%
3905
JP¥1,547.00
Datasection
7D
-14.0%
1Y
42.4%
3687
JP¥1,394.00
Fixstars
7D
-6.8%
1Y
-17.4%
3741
JP¥3,620.00
Systems Engineering ConsultantsLTD
7D
-9.4%
1Y
53.6%
5574
JP¥2,852.00
ABEJA
7D
-13.3%
1Y
16.5%
3994
JP¥3,759.00
Money Forward
7D
21.9%
1Y
-11.2%

Money Forward, Inc.'s (TSE:3994) Stock Retreats 28% But Revenues Haven't Escaped The Attention Of Investors

Feb 04
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4443
JP¥1,273.00
Sansan
7D
10.6%
1Y
-36.0%

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