Japanese (NIKKEI) Entertainment Industry Analysis
- 7D-1.5%
- 3M-6.2%
- 1Y-7.4%
- YTD-14.5%
Over the last 7 days, the Entertainment industry has remained flat, although notably NEXON declined by 5.2%. As for the longer term, the industry has declined 6.7% in the last year.
Industry Valuation and Performance
Has the Japanese Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 05 Dec 2021 | JP¥14.2t | JP¥4.3t | JP¥781.9b | 17.5x |
| Tue, 02 Nov 2021 | JP¥14.6t | JP¥4.4t | JP¥770.6b | 18.4x |
| Thu, 30 Sep 2021 | JP¥14.9t | JP¥4.4t | JP¥759.9b | 17.9x |
| Sat, 28 Aug 2021 | JP¥14.6t | JP¥4.4t | JP¥763.5b | 18.8x |
| Sun, 04 Jul 2021 | JP¥16.5t | JP¥4.4t | JP¥763.5b | 21.3x |
| Wed, 07 Apr 2021 | JP¥17.3t | JP¥4.3t | JP¥742.3b | 27.8x |
| Sat, 09 Jan 2021 | JP¥16.8t | JP¥4.3t | JP¥675.3b | 32.4x |
| Fri, 02 Oct 2020 | JP¥15.2t | JP¥4.2t | JP¥607.0b | 32.4x |
| Mon, 06 Jul 2020 | JP¥12.5t | JP¥4.1t | JP¥583.2b | 22.7x |
| Thu, 09 Apr 2020 | JP¥10.5t | JP¥4.0t | JP¥499.9b | 17.5x |
| Wed, 01 Jan 2020 | JP¥11.8t | JP¥4.0t | JP¥491.8b | 26x |
| Sat, 05 Oct 2019 | JP¥11.2t | JP¥4.0t | JP¥519.4b | 25.5x |
| Tue, 09 Jul 2019 | JP¥10.8t | JP¥3.9t | JP¥482.9b | 24.6x |
| Mon, 01 Apr 2019 | JP¥10.2t | JP¥3.9t | JP¥508.6b | 22.6x |
| Thu, 03 Jan 2019 | JP¥9.0t | JP¥3.8t | JP¥464.7b | 20.7x |
20.7x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 17.5x which is lower than its 3-year average PE of 24.6x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Entertainment industry have grown 20% per year over the last three years, and revenues for these companies have grown 5.2% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Japanese Entertainment industry?
| Interactive Home Entertainment | -0.84% | |
| Movies and Entertainment | -4.66% | |
Industry PE: Investors are most optimistic about the Movies and Entertainment industry even though it's trading below its 3-year average PE ratio of 28.7x. However analysts are expecting annual earnings growth of 21%, which is lower than the prior year's growth of 68% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Interactive Home Entertainment industry, which is trading below its 3-year average of 22.5x.
Forecasted Growth: Analysts are most optimistic on the Movies and Entertainment industry, expecting annual earnings growth of 21% over the next 5 years. However this is lower than its past earnings growth rate of 68% per year. Meanwhile, the Interactive Home Entertainment industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 7974 Nintendo | 1.6%+JP¥95.0b | -11.0% | PE13.5x | |
| 9766 Konami Holdings | 2.4%+JP¥18.7b | 3.1% | PE17.6x | |
| 3765 GungHo Online Entertainment | 5.3%+JP¥9.8b | 14.0% | PE8.4x | |
| 2329 Tohokushinsha Film | 6.3%+JP¥1.8b | 8.7% | PE16.2x | |
| 3739 CommSeed | 46.7%+JP¥1.7b | 41.5% | n/a |