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Japanese (NIKKEI) Application Software Industry Analysis

UpdatedJan 20, 2026
DataAggregated Company Financials
Companies146
  • 7D-1.5%
  • 3M-4.5%
  • 1Y11.4%
  • YTDn/a

Over the last 7 days, the Application Software industry has dropped 1.5%, driven by a pullback from Rakus of 9.5%. In contrast, ABEJA has gained 14%. This takes the industry's 12 month performance to a gain of 11%. Earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 20 Jan 2026JP¥4.7tJP¥1.6tJP¥134.8b20.7x34.9x3x
Thu, 18 Dec 2025JP¥4.6tJP¥1.5tJP¥125.4b20.6x36.6x3x
Sat, 15 Nov 2025JP¥4.8tJP¥1.5tJP¥119.4b22.4x40.1x3.2x
Mon, 13 Oct 2025JP¥4.9tJP¥1.5tJP¥113.6b21.8x43x3.3x
Wed, 10 Sep 2025JP¥5.2tJP¥1.5tJP¥114.5b23.8x45.1x3.5x
Fri, 08 Aug 2025JP¥5.1tJP¥1.5tJP¥104.5b22.7x48.9x3.5x
Sun, 06 Jul 2025JP¥4.7tJP¥1.4tJP¥108.2b20.7x43.3x3.2x
Tue, 03 Jun 2025JP¥4.7tJP¥1.5tJP¥113.6b22x41.1x3.2x
Thu, 01 May 2025JP¥4.4tJP¥1.4tJP¥107.4b21.5x40.6x3.1x
Sat, 29 Mar 2025JP¥4.4tJP¥1.4tJP¥100.4b20.4x43.7x3.2x
Mon, 24 Feb 2025JP¥4.6tJP¥1.4tJP¥104.3b20.9x43.7x3.3x
Wed, 22 Jan 2025JP¥4.1tJP¥1.3tJP¥90.6b21.5x45.7x3.1x
Fri, 20 Dec 2024JP¥4.4tJP¥1.3tJP¥93.3b23.6x46.9x3.3x
Sun, 17 Nov 2024JP¥4.2tJP¥1.3tJP¥91.4b22.9x46.4x3.2x
Tue, 15 Oct 2024JP¥4.5tJP¥1.3tJP¥84.3b24x53.3x3.5x
Thu, 12 Sep 2024JP¥4.3tJP¥1.3tJP¥84.5b20.8x50.5x3.3x
Sat, 10 Aug 2024JP¥3.8tJP¥1.3tJP¥76.0b20x49.5x3x
Mon, 08 Jul 2024JP¥4.2tJP¥1.2tJP¥72.9b24.6x57.5x3.4x
Wed, 05 Jun 2024JP¥4.0tJP¥1.2tJP¥73.9b22.9x54.4x3.2x
Fri, 03 May 2024JP¥4.0tJP¥1.2tJP¥71.3b23.1x55.9x3.3x
Sun, 31 Mar 2024JP¥4.4tJP¥1.2tJP¥68.2b25.3x65.2x3.7x
Tue, 27 Feb 2024JP¥4.4tJP¥1.2tJP¥65.8b25.7x66.5x3.6x
Thu, 25 Jan 2024JP¥4.3tJP¥1.2tJP¥68.5b24.4x62.5x3.4x
Sat, 23 Dec 2023JP¥4.1tJP¥1.2tJP¥68.5b23.4x59.8x3.3x
Mon, 20 Nov 2023JP¥4.1tJP¥1.2tJP¥70.2b21.8x58.2x3.3x
Wed, 18 Oct 2023JP¥3.8tJP¥1.2tJP¥65.4b22.4x58.5x3.2x
Fri, 15 Sep 2023JP¥4.0tJP¥1.2tJP¥63.6b24.2x63.2x3.4x
Sun, 13 Aug 2023JP¥4.0tJP¥1.2tJP¥59.0b25.7x68.2x3.4x
Tue, 11 Jul 2023JP¥4.2tJP¥1.1tJP¥57.1b23.1x72.8x3.7x
Thu, 08 Jun 2023JP¥4.3tJP¥1.1tJP¥57.1b23.1x75.1x3.8x
Sat, 06 May 2023JP¥4.0tJP¥1.1tJP¥52.0b22.2x77.1x3.6x
Mon, 03 Apr 2023JP¥3.9tJP¥1.1tJP¥52.1b24.8x75.5x3.5x
Wed, 01 Mar 2023JP¥3.7tJP¥1.1tJP¥53.0b24.7x69.6x3.4x
Fri, 27 Jan 2023JP¥3.8tJP¥1.1tJP¥49.2b24.7x76.8x3.6x
Price to Earnings Ratio

76.8x


Total Market Cap: JP¥3.8tTotal Earnings: JP¥49.2bTotal Revenue: JP¥1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Application Software Industry Price to Earnings3Y Average 55.1x202420252026
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 34.9x which is lower than its 3-year average PE of 55.1x.
  • The industry is trading close to its 3-year average PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 40% 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 Market3.73%
Tech6.06%
Software-1.85%
Application Software-1.45%
Systems Software-2.44%
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
5574 ABEJAJP¥3.09k14.3%
+JP¥3.8b		73.2%PE56.1x
3741 Systems Engineering ConsultantsLTDJP¥3.69k11.3%
+JP¥3.8b		65.2%PE26.9x
5027 AnyMind GroupJP¥665.009.2%
+JP¥3.4b		-41.2%PE24.4x
4686 JustSystemsJP¥5.09k1.0%
+JP¥3.2b		52.6%PE23.3x
9790 Fukui Computer HoldingsIncJP¥3.39k4.0%
+JP¥2.7b		20.8%PE18.5x

Latest News

3741
JP¥3,685.00
Systems Engineering ConsultantsLTD
7D
11.3%
1Y
65.2%

Systems Engineering Consultants Co.,LTD.'s (TSE:3741) Share Price Not Quite Adding Up

Jan 19
Systems Engineering Consultants Co.,LTD.'s (TSE:3741) Share Price Not Quite Adding Up
4443
JP¥1,776.00
Sansan
7D
-1.0%
1Y
-25.3%

The Sansan, Inc. (TSE:4443) Interim Results Are Out And Analysts Have Published New Forecasts

Jan 18
The Sansan, Inc. (TSE:4443) Interim Results Are Out And Analysts Have Published New Forecasts
3994
JP¥4,440.00
Money Forward
7D
-4.9%
1Y
5.1%

Results: Money Forward, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Jan 16
Results: Money Forward, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
5574
JP¥3,085.00
ABEJA
7D
14.3%
1Y
73.2%
4431
JP¥3,215.00
Smaregi
7D
3.9%
1Y
22.6%
4180
JP¥1,111.00
Appier Group
7D
1.4%
1Y
-20.3%
9790
JP¥3,385.00
Fukui Computer HoldingsInc
7D
4.0%
1Y
20.8%
3993
JP¥3,470.00
PKSHA Technology
7D
-2.1%
1Y
3.1%

We Think That There Are Some Issues For PKSHA Technology (TSE:3993) Beyond Its Promising Earnings

Dec 29
We Think That There Are Some Issues For PKSHA Technology (TSE:3993) Beyond Its Promising Earnings
3661
JP¥843.00
m-up holdings
7D
-8.7%
1Y
12.9%

m-up holdings (TSE:3661) Is Paying Out A Larger Dividend Than Last Year

Dec 28
m-up holdings (TSE:3661) Is Paying Out A Larger Dividend Than Last Year
4733
JP¥8,191.00
OBIC Business Consultants
7D
-3.5%
1Y
19.4%

Is OBIC Business Consultants Co., Ltd. (TSE:4733) Worth JP¥8.5k Based On Its Intrinsic Value?

Dec 26
Is OBIC Business Consultants Co., Ltd. (TSE:4733) Worth JP¥8.5k Based On Its Intrinsic Value?
4776
JP¥2,588.00
Cybozu
7D
-5.2%
1Y
-0.8%

Cybozu's (TSE:4776) Shareholders Will Receive A Bigger Dividend Than Last Year

Dec 24
Cybozu's (TSE:4776) Shareholders Will Receive A Bigger Dividend Than Last Year
4323
JP¥2,517.00
Japan System Techniques
7D
3.6%
1Y
34.5%
5027
JP¥665.00
AnyMind Group
7D
9.2%
1Y
-41.2%
4478
JP¥3,000.00
freee K.K
7D
-1.6%
1Y
-3.1%
4686
JP¥5,090.00
JustSystems
7D
1.0%
1Y
52.6%

Some Investors May Be Worried About JustSystems' (TSE:4686) Returns On Capital

Dec 16
Some Investors May Be Worried About JustSystems' (TSE:4686) Returns On Capital
3923
JP¥968.00
Rakus
7D
-9.5%
1Y
10.2%

Is There An Opportunity With Rakus Co., Ltd.'s (TSE:3923) 33% Undervaluation?

Dec 12
Is There An Opportunity With Rakus Co., Ltd.'s (TSE:3923) 33% Undervaluation?