Earnings Not Telling The Story For Nintendo Co., Ltd. (TSE:7974)
Jun 25
Japanese (NIKKEI) Entertainment Industry Analysis
UpdatedJun 25, 2024
DataAggregated Company Financials
Companies71
- 7D1.3%
- 3M0.1%
- 1Y12.0%
- YTD10.0%
In the last week, the Entertainment industry is up 1.3%, with Capcom up 4.6%. In the last 12 months, the industry was up 12%. As for the next few years, earnings are expected to grow by 6.5% per annum.
Industry Valuation and Performance
Has the Japanese Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 25 Jun 2024 | JP¥19.5t | JP¥5.2t | JP¥801.5b | 25x | 24.3x | 3.8x |
| Thu, 23 May 2024 | JP¥19.0t | JP¥5.2t | JP¥805.3b | 25.6x | 23.6x | 3.7x |
| Sat, 20 Apr 2024 | JP¥17.9t | JP¥5.2t | JP¥848.2b | 22.4x | 21.1x | 3.4x |
| Mon, 18 Mar 2024 | JP¥19.2t | JP¥5.2t | JP¥836.7b | 21.7x | 22.9x | 3.7x |
| Wed, 14 Feb 2024 | JP¥19.9t | JP¥5.2t | JP¥845.9b | 22x | 23.5x | 3.8x |
| Fri, 12 Jan 2024 | JP¥19.1t | JP¥5.2t | JP¥870.3b | 22.2x | 21.9x | 3.7x |
| Sun, 10 Dec 2023 | JP¥17.7t | JP¥5.2t | JP¥873.0b | 22x | 20.3x | 3.4x |
| Tue, 07 Nov 2023 | JP¥17.2t | JP¥5.2t | JP¥916.2b | 20.8x | 18.7x | 3.3x |
| Thu, 05 Oct 2023 | JP¥16.6t | JP¥5.2t | JP¥914.3b | 21.1x | 18.2x | 3.2x |
| Sat, 02 Sep 2023 | JP¥17.6t | JP¥5.2t | JP¥913.1b | 22.7x | 19.3x | 3.4x |
| Mon, 31 Jul 2023 | JP¥17.5t | JP¥5.0t | JP¥861.2b | 20.2x | 20.4x | 3.5x |
| Wed, 28 Jun 2023 | JP¥17.6t | JP¥4.9t | JP¥848.2b | 20.2x | 20.8x | 3.6x |
| Fri, 26 May 2023 | JP¥17.1t | JP¥4.8t | JP¥840.0b | 20.4x | 20.4x | 3.6x |
| Sun, 23 Apr 2023 | JP¥16.3t | JP¥4.7t | JP¥845.6b | 20.6x | 19.3x | 3.5x |
| Tue, 21 Mar 2023 | JP¥15.2t | JP¥4.7t | JP¥849.8b | 20.8x | 17.9x | 3.2x |
| Thu, 16 Feb 2023 | JP¥15.6t | JP¥4.7t | JP¥848.8b | 20.5x | 18.4x | 3.3x |
| Sat, 14 Jan 2023 | JP¥15.3t | JP¥4.7t | JP¥989.8b | 17.3x | 15.4x | 3.3x |
| Mon, 12 Dec 2022 | JP¥16.3t | JP¥4.7t | JP¥987.5b | 18.2x | 16.5x | 3.5x |
| Wed, 09 Nov 2022 | JP¥16.4t | JP¥4.5t | JP¥936.7b | 19.5x | 17.5x | 3.6x |
| Fri, 07 Oct 2022 | JP¥16.4t | JP¥4.5t | JP¥935.0b | 21.1x | 17.6x | 3.6x |
| Sun, 04 Sep 2022 | JP¥15.8t | JP¥4.5t | JP¥934.7b | 18.8x | 16.9x | 3.5x |
| Tue, 02 Aug 2022 | JP¥16.4t | JP¥4.3t | JP¥879.0b | 20.4x | 18.6x | 3.8x |
| Thu, 30 Jun 2022 | JP¥16.0t | JP¥4.4t | JP¥880.4b | 18.7x | 18.2x | 3.7x |
| Sat, 28 May 2022 | JP¥15.9t | JP¥4.4t | JP¥882.3b | 18.6x | 18.1x | 3.7x |
| Mon, 25 Apr 2022 | JP¥16.0t | JP¥4.3t | JP¥882.1b | 15.8x | 18.2x | 3.7x |
| Wed, 23 Mar 2022 | JP¥15.7t | JP¥4.3t | JP¥872.2b | 16.7x | 18x | 3.6x |
| Fri, 18 Feb 2022 | JP¥14.8t | JP¥4.3t | JP¥874.3b | 15.9x | 16.9x | 3.4x |
| Sun, 16 Jan 2022 | JP¥13.3t | JP¥4.3t | JP¥776.6b | 15.4x | 17.2x | 3.1x |
| Tue, 14 Dec 2021 | JP¥14.5t | JP¥4.3t | JP¥781.9b | 17.2x | 18.6x | 3.4x |
| Thu, 11 Nov 2021 | JP¥14.8t | JP¥4.3t | JP¥777.8b | 18.7x | 19.1x | 3.5x |
| Sat, 09 Oct 2021 | JP¥14.2t | JP¥4.4t | JP¥760.1b | 17.2x | 18.7x | 3.3x |
| Mon, 06 Sep 2021 | JP¥15.5t | JP¥4.4t | JP¥761.4b | 19.6x | 20.4x | 3.5x |
| Wed, 04 Aug 2021 | JP¥14.7t | JP¥4.4t | JP¥763.5b | 19.6x | 19.3x | 3.4x |
Price to Earnings Ratio
21.6x
Current Industry PE
- Investors are optimistic on the Japanese Entertainment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 24.3x which is higher than its 3-year average PE of 19.2x.
- The industry is trading close to its 3-year average PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Entertainment industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 5.6% 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 Telecom industry?
| JP Market | 1.54% | |
| Telecom | 1.29% | |
| Entertainment | 1.30% | |
| Movies and Entertainment | 1.85% | |
| Interactive Home Entertainment | 1.22% | |
Industry PE
- Investors are most optimistic about the Interactive Home Entertainment industry which is trading above its 3-year average PE ratio of 17.9x.
- Analysts are expecting annual earnings growth of 6.5%, which is higher than its past year's earnings decline of 25.0% per year.
- Investors are most pessimistic about the Movies and Entertainment industry, which is trading below its 3-year average of 33.1x.
Forecasted Growth
- Analysts are most optimistic on the Interactive Home Entertainment industry, expecting annual earnings growth of 6.5% over the next 5 years.
- This is better than its past earnings decline of 25% per year.
- In contrast, the Movies and Entertainment industry is expected to see its earnings grow by 6.4% 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 | |
|---|---|---|---|---|---|
| 9697 Capcom | JP¥3.03k | 4.6% +JP¥56.3b | 10.2% | PE29.2x | |
| 4816 Toei AnimationLtd | JP¥2.39k | 8.2% +JP¥37.2b | -10.7% | PE26x | |
| 9766 Konami Group | JP¥11.24k | 2.2% +JP¥33.2b | 51.0% | PE25.7x | |
| 9684 Square Enix Holdings | JP¥4.80k | 5.1% +JP¥28.2b | -29.4% | PE38.6x | |
| 5253 COVER | JP¥1.98k | 12.0% +JP¥13.2b | -26.5% | PE29.7x |
