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Japanese (NIKKEI) Application Software Industry Analysis

UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies145
  • 7D1.5%
  • 3M-18.3%
  • 1Y-12.2%
  • YTDn/a

Over the last 7 days, the Application Software industry has dropped 2.7%, driven by Money Forward declining 4.3%. Meanwhile, OBIC Business Consultants actually outperformed within the industry, gaining 5.6% in the last week. Overall the industry is down 17% in 12 months. 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
Fri, 27 Feb 2026JP¥3.9tJP¥1.6tJP¥140.0b18.1x27.9x2.4x
Sun, 25 Jan 2026JP¥4.6tJP¥1.5tJP¥134.7b20.1x34.1x3x
Tue, 23 Dec 2025JP¥4.6tJP¥1.5tJP¥125.4b20.9x36.9x3x
Thu, 20 Nov 2025JP¥4.6tJP¥1.5tJP¥123.4b19.6x37.6x3x
Sat, 18 Oct 2025JP¥4.7tJP¥1.5tJP¥114.7b21.2x41.1x3.2x
Mon, 15 Sep 2025JP¥5.2tJP¥1.5tJP¥114.6b21.3x45.1x3.5x
Wed, 13 Aug 2025JP¥5.1tJP¥1.5tJP¥107.6b21.9x47.8x3.5x
Fri, 11 Jul 2025JP¥4.8tJP¥1.4tJP¥108.2b20.8x44.4x3.3x
Sun, 08 Jun 2025JP¥4.7tJP¥1.5tJP¥113.6b22.5x41.4x3.2x
Tue, 06 May 2025JP¥4.4tJP¥1.4tJP¥107.6b21.4x40.5x3.1x
Thu, 03 Apr 2025JP¥4.2tJP¥1.4tJP¥100.0b19.6x42.4x3.1x
Sat, 01 Mar 2025JP¥4.3tJP¥1.4tJP¥104.3b19.9x41.1x3.1x
Mon, 27 Jan 2025JP¥4.3tJP¥1.3tJP¥90.6b21.6x47.1x3.2x
Wed, 25 Dec 2024JP¥4.4tJP¥1.3tJP¥93.4b22.6x46.9x3.3x
Fri, 22 Nov 2024JP¥4.2tJP¥1.3tJP¥92.2b23.9x45.6x3.2x
Sun, 20 Oct 2024JP¥4.4tJP¥1.3tJP¥84.2b24.4x51.9x3.4x
Tue, 17 Sep 2024JP¥4.4tJP¥1.3tJP¥84.5b21.8x51.6x3.4x
Thu, 15 Aug 2024JP¥3.9tJP¥1.3tJP¥77.1b20.7x51.1x3.1x
Sat, 13 Jul 2024JP¥4.4tJP¥1.2tJP¥72.9b24.8x60x3.5x
Mon, 10 Jun 2024JP¥4.0tJP¥1.2tJP¥73.9b22.5x53.5x3.2x
Wed, 08 May 2024JP¥4.1tJP¥1.2tJP¥71.3b23.7x57.9x3.4x
Fri, 05 Apr 2024JP¥4.2tJP¥1.2tJP¥68.4b22.6x61.3x3.5x
Sun, 03 Mar 2024JP¥4.6tJP¥1.2tJP¥65.8b25.3x69.3x3.8x
Tue, 30 Jan 2024JP¥4.3tJP¥1.3tJP¥69.7b25.1x61.1x3.4x
Thu, 28 Dec 2023JP¥4.2tJP¥1.2tJP¥68.5b23.9x61.5x3.4x
Sat, 25 Nov 2023JP¥4.2tJP¥1.2tJP¥70.2b22.1x60x3.4x
Mon, 23 Oct 2023JP¥3.7tJP¥1.2tJP¥65.6b22.3x55.9x3.1x
Wed, 20 Sep 2023JP¥4.0tJP¥1.2tJP¥63.7b23.8x63x3.4x
Fri, 18 Aug 2023JP¥3.9tJP¥1.2tJP¥63.5b24.1x61.8x3.3x
Sun, 16 Jul 2023JP¥4.3tJP¥1.1tJP¥56.4b23x75.6x3.7x
Tue, 13 Jun 2023JP¥4.3tJP¥1.1tJP¥57.1b22.5x75.4x3.8x
Thu, 11 May 2023JP¥4.0tJP¥1.1tJP¥51.8b25.3x77.3x3.6x
Sat, 08 Apr 2023JP¥3.8tJP¥1.1tJP¥52.2b25.5x73.7x3.4x
Mon, 06 Mar 2023JP¥3.8tJP¥1.1tJP¥53.0b25.3x70.7x3.4x
Price to Earnings Ratio

70.7x


Total Market Cap: JP¥3.8tTotal Earnings: JP¥53.0bTotal Revenue: JP¥1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Application Software Industry Price to Earnings3Y Average 53.6x202420252026
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 26.7x which is lower than its 3-year average PE of 53.6x.
  • The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 38% 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 Market0.75%
Tech3.74%
Software-0.36%
Application Software1.51%
Systems Software-3.01%
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
4733 OBIC Business ConsultantsJP¥6.16k5.6%
+JP¥24.5b
-18.6%PE27.2x
3923 RakusJP¥853.005.0%
+JP¥14.7b
-14.8%PE25.6x
3993 PKSHA TechnologyJP¥3.20k14.6%
+JP¥12.7b
-7.0%PE44.4x
4180 Appier GroupJP¥818.009.4%
+JP¥7.1b
-47.3%PE32.6x
4431 SmaregiJP¥2.59k15.3%
+JP¥6.6b
1.0%PE30.8x

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