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Japanese (NIKKEI) Application Software Industry Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies146
  • 7D0.2%
  • 3M-3.0%
  • 1Y12.4%
  • YTDn/a

Over the last 7 days, the Application Software industry has remained flat, although notably Money Forward gained 12%. The past year has been better, since the industry has gained 12% in that time. As for the next few years, earnings are expected to grow by 26% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 16 Jan 2026JP¥4.7tJP¥1.5tJP¥125.4b20.9x37.7x3.1x
Sun, 14 Dec 2025JP¥4.6tJP¥1.5tJP¥124.7b20.5x37x3x
Tue, 11 Nov 2025JP¥4.8tJP¥1.5tJP¥119.2b22.8x40.4x3.2x
Thu, 09 Oct 2025JP¥5.0tJP¥1.5tJP¥113.0b22.4x43.9x3.4x
Sat, 06 Sep 2025JP¥5.1tJP¥1.5tJP¥114.5b23.4x44.4x3.4x
Mon, 04 Aug 2025JP¥5.1tJP¥1.5tJP¥104.0b21.9x48.8x3.5x
Wed, 02 Jul 2025JP¥4.8tJP¥1.4tJP¥113.6b20.8x42.6x3.3x
Fri, 30 May 2025JP¥4.6tJP¥1.5tJP¥113.4b21.7x40.6x3.2x
Sun, 27 Apr 2025JP¥4.3tJP¥1.4tJP¥106.0b21.1x40.5x3.1x
Tue, 25 Mar 2025JP¥4.4tJP¥1.4tJP¥104.4b20x42.1x3.2x
Thu, 20 Feb 2025JP¥4.6tJP¥1.4tJP¥104.3b21.1x43.8x3.3x
Sat, 18 Jan 2025JP¥4.1tJP¥1.3tJP¥90.6b21.5x45.2x3.1x
Mon, 16 Dec 2024JP¥4.4tJP¥1.3tJP¥91.8b23.4x48x3.3x
Wed, 13 Nov 2024JP¥4.3tJP¥1.3tJP¥85.9b23.6x50x3.3x
Fri, 11 Oct 2024JP¥4.4tJP¥1.3tJP¥84.4b24x52.5x3.4x
Sun, 08 Sep 2024JP¥4.3tJP¥1.3tJP¥84.5b21.6x51x3.3x
Tue, 06 Aug 2024JP¥3.3tJP¥1.3tJP¥76.5b19.1x43.6x2.6x
Thu, 04 Jul 2024JP¥4.2tJP¥1.2tJP¥72.9b25.2x57.3x3.3x
Sat, 01 Jun 2024JP¥3.9tJP¥1.2tJP¥75.1b22.7x52.3x3.1x
Mon, 29 Apr 2024JP¥3.9tJP¥1.2tJP¥70.9b22.4x55.3x3.2x
Wed, 27 Mar 2024JP¥4.4tJP¥1.2tJP¥68.2b23.8x65.1x3.7x
Fri, 23 Feb 2024JP¥4.2tJP¥1.2tJP¥65.8b24.4x64x3.5x
Sun, 21 Jan 2024JP¥4.2tJP¥1.2tJP¥68.5b23.1x60.9x3.3x
Tue, 19 Dec 2023JP¥4.1tJP¥1.2tJP¥68.3b21.7x60.5x3.3x
Thu, 16 Nov 2023JP¥4.1tJP¥1.2tJP¥70.4b21.8x57.8x3.3x
Sat, 14 Oct 2023JP¥3.8tJP¥1.2tJP¥64.6b23.1x59.3x3.2x
Mon, 11 Sep 2023JP¥4.1tJP¥1.2tJP¥63.2b24.5x65.1x3.5x
Wed, 09 Aug 2023JP¥4.1tJP¥1.2tJP¥58.5b24.6x69.4x3.5x
Fri, 07 Jul 2023JP¥4.2tJP¥1.1tJP¥57.1b23.4x73.4x3.7x
Sun, 04 Jun 2023JP¥4.2tJP¥1.1tJP¥57.1b21.4x73x3.7x
Tue, 02 May 2023JP¥4.0tJP¥1.1tJP¥52.0b21.8x76.2x3.6x
Thu, 30 Mar 2023JP¥4.0tJP¥1.1tJP¥52.1b24.9x76.9x3.6x
Sat, 25 Feb 2023JP¥3.7tJP¥1.1tJP¥53.0b25.1x69.2x3.4x
Mon, 23 Jan 2023JP¥3.6tJP¥1.1tJP¥50.0b23.8x72.4x3.4x
Price to Earnings Ratio

72.4x


Total Market Cap: JP¥3.6tTotal Earnings: JP¥50.0bTotal Revenue: JP¥1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Application Software Industry Price to Earnings3Y Average 55.2x202420252026
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 37.7x which is lower than its 3-year average PE of 55.3x.
  • 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 36% 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 Market3.51%
Tech4.77%
Software0.31%
Application Software0.25%
Systems Software0.39%
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¥5.19k12.1%
+JP¥30.9b		38.1%PE180.8x
4443 SansanJP¥1.98k11.1%
+JP¥24.9b		-10.8%PE121.2x
4686 JustSystemsJP¥5.23k4.0%
+JP¥12.8b		55.2%PE24x
4478 freee K.KJP¥3.21k4.9%
+JP¥8.9b		11.3%PE140.4x
5574 ABEJAJP¥3.17k20.0%
+JP¥5.2b		80.3%PE57.6x

Latest News

4432
JP¥3,490.00
WingArc1st
7D
-6.1%
1Y
2.6%
4412
JP¥2,630.00
Science Arts
7D
22.7%
1Y
398.1%
5574
JP¥3,165.00
ABEJA
7D
20.0%
1Y
80.3%
4443
JP¥1,976.00
Sansan
7D
11.1%
1Y
-10.8%
3994
JP¥5,186.00
Money Forward
7D
12.1%
1Y
38.1%
228A
JP¥2,183.00
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-15.7%
1Y
84.2%
4431
JP¥3,165.00
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9.2%
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22.7%
3663
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-4.4%
1Y
24.5%
9790
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7D
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19.2%
3661
JP¥850.00
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7D
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1Y
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436A
JP¥1,310.00
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7D
-6.2%
1Y
n/a
4733
JP¥8,411.00
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7D
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1Y
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4478
JP¥3,210.00
freee K.K
7D
4.9%
1Y
11.3%
4686
JP¥5,230.00
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7D
4.0%
1Y
55.2%

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3923
JP¥1,040.50
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