Toho (TSE:9602) Has Announced A Dividend Of ¥35.00
Aug 06
Japanese (NIKKEI) Entertainment Industry Analysis
UpdatedAug 07, 2024
DataAggregated Company Financials
Companies71
- 7D-8.8%
- 3M4.0%
- 1Y8.2%
- YTD3.4%
Over the last 7 days, the Entertainment industry has dropped 18%, driven by a pullback from Nintendo of 10%. Meanwhile, Toei AnimationLtd actually outperformed within the industry, gaining 7.3% in the last week. Overall the industry is down 4.1% in 12 months. Looking forward, earnings are forecast to grow by 6.5% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 07 Aug 2024 | JP¥18.3t | JP¥5.2t | JP¥803.1b | 21.1x | 22.7x | 3.5x |
| Fri, 05 Jul 2024 | JP¥20.1t | JP¥5.2t | JP¥801.5b | 24.4x | 25.1x | 3.9x |
| Sun, 02 Jun 2024 | JP¥19.3t | JP¥5.2t | JP¥805.3b | 25.9x | 24x | 3.7x |
| Tue, 30 Apr 2024 | JP¥18.0t | JP¥5.2t | JP¥848.2b | 21.7x | 21.2x | 3.5x |
| Thu, 28 Mar 2024 | JP¥19.6t | JP¥5.2t | JP¥836.5b | 22.8x | 23.4x | 3.8x |
| Sat, 24 Feb 2024 | JP¥19.6t | JP¥5.2t | JP¥837.7b | 23.1x | 23.4x | 3.8x |
| Mon, 22 Jan 2024 | JP¥18.9t | JP¥5.2t | JP¥870.3b | 21.3x | 21.7x | 3.6x |
| Wed, 20 Dec 2023 | JP¥17.6t | JP¥5.2t | JP¥870.3b | 21.2x | 20.2x | 3.4x |
| Fri, 17 Nov 2023 | JP¥18.0t | JP¥5.2t | JP¥877.0b | 23x | 20.5x | 3.4x |
| Sun, 15 Oct 2023 | JP¥16.7t | JP¥5.2t | JP¥913.9b | 21.1x | 18.2x | 3.2x |
| Tue, 12 Sep 2023 | JP¥17.6t | JP¥5.2t | JP¥913.3b | 22.7x | 19.3x | 3.4x |
| Thu, 10 Aug 2023 | JP¥17.0t | JP¥5.1t | JP¥915.6b | 20.5x | 18.6x | 3.3x |
| Sat, 08 Jul 2023 | JP¥17.3t | JP¥4.9t | JP¥848.1b | 19.3x | 20.4x | 3.6x |
| Mon, 05 Jun 2023 | JP¥17.3t | JP¥4.9t | JP¥847.7b | 18.9x | 20.5x | 3.6x |
| Wed, 03 May 2023 | JP¥16.7t | JP¥4.7t | JP¥855.7b | 21.5x | 19.5x | 3.5x |
| Fri, 31 Mar 2023 | JP¥15.6t | JP¥4.7t | JP¥849.8b | 20.5x | 18.3x | 3.3x |
| Sun, 26 Feb 2023 | JP¥15.5t | JP¥4.7t | JP¥849.2b | 20.8x | 18.2x | 3.3x |
| Tue, 24 Jan 2023 | JP¥15.7t | JP¥4.7t | JP¥989.8b | 17.9x | 15.9x | 3.4x |
| Thu, 22 Dec 2022 | JP¥15.6t | JP¥4.7t | JP¥987.6b | 17.5x | 15.8x | 3.4x |
| Sat, 19 Nov 2022 | JP¥16.6t | JP¥4.7t | JP¥984.7b | 19x | 16.9x | 3.6x |
| Mon, 17 Oct 2022 | JP¥16.3t | JP¥4.5t | JP¥939.2b | 18.2x | 17.3x | 3.6x |
| Wed, 14 Sep 2022 | JP¥16.3t | JP¥4.5t | JP¥935.3b | 19.6x | 17.5x | 3.6x |
| Fri, 12 Aug 2022 | JP¥15.9t | JP¥4.5t | JP¥941.5b | 19.3x | 16.9x | 3.5x |
| Sun, 10 Jul 2022 | JP¥15.9t | JP¥4.4t | JP¥880.4b | 19.7x | 18x | 3.6x |
| Tue, 07 Jun 2022 | JP¥16.1t | JP¥4.4t | JP¥882.3b | 19.1x | 18.3x | 3.7x |
| Thu, 05 May 2022 | JP¥15.6t | JP¥4.3t | JP¥881.5b | 16.1x | 17.7x | 3.6x |
| Sat, 02 Apr 2022 | JP¥16.2t | JP¥4.3t | JP¥872.2b | 17.2x | 18.6x | 3.7x |
| Mon, 28 Feb 2022 | JP¥14.7t | JP¥4.3t | JP¥874.8b | 15.1x | 16.8x | 3.4x |
| Wed, 26 Jan 2022 | JP¥13.6t | JP¥4.3t | JP¥774.8b | 16.2x | 17.5x | 3.2x |
| Fri, 24 Dec 2021 | JP¥14.6t | JP¥4.3t | JP¥778.6b | 16.6x | 18.7x | 3.4x |
| Sun, 21 Nov 2021 | JP¥15.2t | JP¥4.3t | JP¥782.0b | 18.7x | 19.4x | 3.5x |
| Tue, 19 Oct 2021 | JP¥14.7t | JP¥4.4t | JP¥769.1b | 18.1x | 19.1x | 3.3x |
| Thu, 16 Sep 2021 | JP¥15.1t | JP¥4.4t | JP¥761.4b | 18.9x | 19.8x | 3.4x |
| Sat, 14 Aug 2021 | JP¥14.6t | JP¥4.4t | JP¥763.5b | 20.4x | 19.2x | 3.3x |
Price to Earnings Ratio
19.2x
Current Industry PE
- Investors are relatively neutral on the Japanese Entertainment 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 19.4x.
- 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 | -11.11% | |
| Telecom | -10.10% | |
| Entertainment | -8.83% | |
| Movies and Entertainment | -5.16% | |
| Interactive Home Entertainment | -9.37% | |
Industry PE
- Investors are most optimistic about the Interactive Home Entertainment industry which is trading above its 3-year average PE ratio of 18.2x.
- Analysts are expecting annual earnings growth of 6.5%, which is higher than its past year's earnings decline of 22.2% per year.
- Investors are most pessimistic about the Movies and Entertainment industry, which is trading below its 3-year average of 31.9x.
Forecasted Growth
- Analysts are most optimistic on the Movies and Entertainment industry, expecting annual earnings growth of 6.7% over the next 5 years.
- However this is lower than its past earnings growth rate of 14% per year.
- In contrast, the Interactive Home Entertainment industry is expected to see its earnings grow by 6.5% 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 | |
|---|---|---|---|---|---|
| 4816 Toei AnimationLtd | JP¥2.55k | 8.8% +JP¥42.3b | 3.7% | PE24.8x | |
| 3793 DrecomLtd | JP¥741.00 | 6.5% +JP¥1.3b | 48.2% | PE54.1x | |
| 9664 Misonoza Theatrical | JP¥1.78k | 0.5% +JP¥39.8m | -1.7% | n/a |
