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Japanese (NIKKEI) Software Industry Analysis
UpdatedAug 05, 2024
DataAggregated Company Financials
Companies179
- 7D-7.4%
- 3M-6.9%
- 1Y-0.7%
- YTD-6.3%
Over the last 7 days, the Software industry has dropped 7.4%, driven by a pullback from Trend Micro of 8.2%. Meanwhile, Beat Holdings actually outperformed within the industry, gaining 59% in the last week. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Japanese Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 05 Aug 2024 | JP¥7.1t | JP¥2.4t | JP¥191.2b | 20.1x | 37x | 3x |
| Wed, 03 Jul 2024 | JP¥7.6t | JP¥2.4t | JP¥187.1b | 23x | 40.8x | 3.2x |
| Fri, 31 May 2024 | JP¥7.3t | JP¥2.4t | JP¥189.0b | 21.8x | 38.7x | 3.1x |
| Sun, 28 Apr 2024 | JP¥7.5t | JP¥2.3t | JP¥170.3b | 22.4x | 44.1x | 3.2x |
| Tue, 26 Mar 2024 | JP¥8.0t | JP¥2.3t | JP¥167.4b | 23x | 47.5x | 3.4x |
| Thu, 22 Feb 2024 | JP¥7.6t | JP¥2.3t | JP¥163.6b | 24.3x | 46.6x | 3.3x |
| Sat, 20 Jan 2024 | JP¥7.8t | JP¥2.3t | JP¥163.1b | 22.7x | 47.7x | 3.4x |
| Mon, 18 Dec 2023 | JP¥7.5t | JP¥2.3t | JP¥162.1b | 21.7x | 46.5x | 3.3x |
| Wed, 15 Nov 2023 | JP¥7.3t | JP¥2.3t | JP¥160.1b | 21.1x | 45.4x | 3.2x |
| Fri, 13 Oct 2023 | JP¥7.1t | JP¥2.2t | JP¥172.5b | 23.5x | 41x | 3.2x |
| Sun, 10 Sep 2023 | JP¥7.1t | JP¥2.2t | JP¥171.6b | 25.1x | 41.4x | 3.2x |
| Tue, 08 Aug 2023 | JP¥7.2t | JP¥2.2t | JP¥168.4b | 24.9x | 42.7x | 3.3x |
| Thu, 06 Jul 2023 | JP¥7.5t | JP¥2.2t | JP¥167.2b | 24.4x | 44.7x | 3.4x |
| Sat, 03 Jun 2023 | JP¥7.4t | JP¥2.2t | JP¥166.6b | 23.4x | 44.1x | 3.4x |
| Mon, 01 May 2023 | JP¥7.0t | JP¥2.1t | JP¥170.1b | 21.7x | 41x | 3.3x |
| Wed, 29 Mar 2023 | JP¥6.8t | JP¥2.1t | JP¥170.1b | 23.1x | 40.1x | 3.2x |
| Fri, 24 Feb 2023 | JP¥6.5t | JP¥2.1t | JP¥170.7b | 23.4x | 38.2x | 3.1x |
| Sun, 22 Jan 2023 | JP¥6.3t | JP¥2.0t | JP¥181.2b | 22.7x | 35x | 3.1x |
| Tue, 20 Dec 2022 | JP¥6.3t | JP¥2.0t | JP¥182.9b | 22.6x | 34.5x | 3.1x |
| Thu, 17 Nov 2022 | JP¥6.7t | JP¥2.0t | JP¥181.3b | 23.3x | 36.9x | 3.3x |
| Sat, 15 Oct 2022 | JP¥6.2t | JP¥2.0t | JP¥188.6b | 23.8x | 33x | 3.1x |
| Mon, 12 Sep 2022 | JP¥6.5t | JP¥2.0t | JP¥188.2b | 23.8x | 34.8x | 3.3x |
| Wed, 10 Aug 2022 | JP¥6.7t | JP¥2.0t | JP¥198.7b | 24.1x | 33.5x | 3.4x |
| Fri, 08 Jul 2022 | JP¥6.2t | JP¥1.9t | JP¥199.2b | 23.3x | 31.1x | 3.2x |
| Sun, 05 Jun 2022 | JP¥6.1t | JP¥1.9t | JP¥199.0b | 23.5x | 30.6x | 3.1x |
| Tue, 03 May 2022 | JP¥6.3t | JP¥1.9t | JP¥201.3b | 22.4x | 31.5x | 3.3x |
| Thu, 31 Mar 2022 | JP¥6.7t | JP¥1.9t | JP¥204.1b | 22.8x | 32.9x | 3.5x |
| Sat, 26 Feb 2022 | JP¥5.8t | JP¥1.9t | JP¥203.8b | 19.2x | 28.4x | 3x |
| Mon, 24 Jan 2022 | JP¥6.4t | JP¥1.9t | JP¥200.2b | 21.1x | 32.1x | 3.5x |
| Wed, 22 Dec 2021 | JP¥7.6t | JP¥1.9t | JP¥200.4b | 21.7x | 37.8x | 4.1x |
| Fri, 19 Nov 2021 | JP¥8.6t | JP¥1.9t | JP¥201.4b | 26.4x | 42.7x | 4.6x |
| Sun, 17 Oct 2021 | JP¥8.4t | JP¥1.8t | JP¥185.0b | 26.5x | 45.4x | 4.6x |
| Tue, 14 Sep 2021 | JP¥8.8t | JP¥1.9t | JP¥183.4b | 30x | 47.7x | 4.7x |
| Thu, 12 Aug 2021 | JP¥7.6t | JP¥1.9t | JP¥183.4b | 27.8x | 41.6x | 4.1x |
Price to Earnings Ratio
41.6x
Current Industry PE
- Investors are relatively neutral on the Japanese Software industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 39.2x.
- The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 3.0x.
Past Earnings Growth
- The earnings for companies in the Software industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 8.8% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Japanese Tech industry?
| JP Market | -5.76% | |
| Tech | -6.13% | |
| Software | -7.45% | |
| Systems Software | -4.76% | |
| Application Software | -9.74% | |
Industry PE
- Investors are most optimistic about the Application Software industry even though it's trading below its 3-year average PE ratio of 60.4x.
- Analysts are expecting annual earnings growth of 31.0%, which is higher than its past year's earnings growth of 14.1% per year.
- Investors are most pessimistic about the Systems Software industry, which is trading close to its 3-year average of 27.2x.
Forecasted Growth
- Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 31% over the next 5 years.
- This is better than its past earnings growth rate of 14% per year.
- In contrast, the Systems Software industry is expected to see its earnings grow by 14% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9399 Beat Holdings | JP¥1.24k | 59.2% +JP¥1.4b | 148.0% | PS11.2x | |
| 2317 Systena | JP¥342.00 | 0.9% +JP¥1.1b | 34.6% | PE16.4x | |
| 3841 Jedat | JP¥2.43k | 5.6% +JP¥496.6m | 163.8% | n/a | |
| 9702 ISB | JP¥1.50k | 1.6% +JP¥263.1m | 10.8% | PE9.3x | |
| 2345 Kushim | JP¥276.00 | 5.7% +JP¥259.7m | -13.8% | PS5.5x |
