Analysis Article • May 23

The Alternative Carriers industry is up 2.4% in the last week, with U-NEXT HOLDINGSLtd up 3.7%. In contrast, the industry has lost 15% in the last 12 months. Looking forward, earnings are forecast to grow by 10% annually.
Has the Japanese Alternative Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 18 Sep 2026 | JP¥420.8b | JP¥574.7b | JP¥25.3b | 14.9x | 16.6x | 0.7x |
| Sun, 16 Aug 2026 | JP¥407.4b | JP¥573.2b | JP¥25.3b | 14.8x | 16.1x | 0.7x |
| Tue, 14 Jul 2026 | JP¥401.8b | JP¥548.6b | JP¥26.2b | 15.6x | 15.3x | 0.7x |
| Thu, 11 Jun 2026 | JP¥375.7b | JP¥548.6b | JP¥26.2b | 13.9x | 14.3x | 0.7x |
| Sat, 09 May 2026 | JP¥366.2b | JP¥544.2b | JP¥25.9b | 16x | 14.2x | 0.7x |
| Mon, 06 Apr 2026 | JP¥393.7b | JP¥530.8b | JP¥25.4b | 17.3x | 15.5x | 0.7x |
| Wed, 04 Mar 2026 | JP¥411.6b | JP¥539.3b | JP¥23.4b | 18.2x | 17.6x | 0.8x |
| Fri, 30 Jan 2026 | JP¥431.2b | JP¥536.0b | JP¥23.2b | 16.8x | 18.6x | 0.8x |
| Sun, 28 Dec 2025 | JP¥455.2b | JP¥523.1b | JP¥23.2b | 14.7x | 19.6x | 0.9x |
| Tue, 25 Nov 2025 | JP¥463.9b | JP¥520.7b | JP¥23.0b | 15.6x | 20.2x | 0.9x |
| Thu, 23 Oct 2025 | JP¥471.5b | JP¥517.2b | JP¥22.9b | 18.6x | 20.6x | 0.9x |
| Sat, 20 Sep 2025 | JP¥478.5b | JP¥498.6b | JP¥20.3b | 13.8x | 23.6x | 1x |
| Mon, 18 Aug 2025 | JP¥491.7b | JP¥496.7b | JP¥20.0b | 13.3x | 24.6x | 1x |
| Wed, 16 Jul 2025 | JP¥449.1b | JP¥495.1b | JP¥20.1b | 12x | 22.4x | 0.9x |
| Fri, 13 Jun 2025 | JP¥483.3b | JP¥480.3b | JP¥20.7b | 11.9x | 23.4x | 1x |
| Sun, 11 May 2025 | JP¥465.6b | JP¥469.8b | JP¥22.5b | 13.6x | 20.7x | 1x |
| Tue, 08 Apr 2025 | JP¥368.1b | JP¥455.8b | JP¥22.1b | 10.9x | 16.6x | 0.8x |
| Thu, 06 Mar 2025 | JP¥391.2b | JP¥454.8b | JP¥22.3b | 12.9x | 17.6x | 0.9x |
| Sat, 01 Feb 2025 | JP¥415.2b | JP¥453.6b | JP¥22.3b | 12.5x | 18.7x | 0.9x |
| Mon, 30 Dec 2024 | JP¥394.8b | JP¥434.9b | JP¥22.0b | 11.2x | 17.9x | 0.9x |
| Wed, 27 Nov 2024 | JP¥365.5b | JP¥434.6b | JP¥22.2b | 11.5x | 16.5x | 0.8x |
| Fri, 25 Oct 2024 | JP¥361.3b | JP¥444.8b | JP¥16.7b | 12.4x | 21.6x | 0.8x |
| Sun, 22 Sep 2024 | JP¥423.5b | JP¥427.7b | JP¥16.9b | 14x | 25.1x | 1x |
| Tue, 20 Aug 2024 | JP¥395.5b | JP¥428.5b | JP¥16.9b | 14.5x | 23.3x | 0.9x |
| Thu, 18 Jul 2024 | JP¥357.4b | JP¥429.2b | JP¥17.3b | 16.4x | 20.6x | 0.8x |
| Sat, 15 Jun 2024 | JP¥371.1b | JP¥413.8b | JP¥15.9b | 14.7x | 23.3x | 0.9x |
| Mon, 13 May 2024 | JP¥359.8b | JP¥401.5b | JP¥21.5b | 15.5x | 16.7x | 0.9x |
| Wed, 10 Apr 2024 | JP¥387.9b | JP¥392.2b | JP¥20.2b | 15.1x | 19.2x | 1x |
| Fri, 08 Mar 2024 | JP¥357.3b | JP¥390.9b | JP¥20.1b | 13.9x | 17.8x | 0.9x |
| Sun, 04 Feb 2024 | JP¥442.3b | JP¥461.9b | JP¥25.4b | 12.1x | 17.4x | 1x |
| Tue, 02 Jan 2024 | JP¥424.8b | JP¥452.1b | JP¥23.5b | 11.3x | 18.1x | 0.9x |
| Thu, 30 Nov 2023 | JP¥400.6b | JP¥450.5b | JP¥22.9b | 12.3x | 17.5x | 0.9x |
| Sat, 28 Oct 2023 | JP¥376.8b | JP¥447.8b | JP¥22.7b | 12.8x | 16.6x | 0.8x |
| Mon, 25 Sep 2023 | JP¥318.1b | JP¥436.7b | JP¥22.0b | 12x | 14.4x | 0.7x |
14.4x
How does Japanese Alternative Carriers compare with similar industries?
| JP Market | 0.64% | |
| Telecom | -0.50% | |
| Telecom Services and Carriers | 2.80% | |
| Alternative Carriers | 3.31% | |
| Integrated Telecom Services | 2.78% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9418 U-NEXT HOLDINGSLtd | JP¥1.77k | 1.8% +JP¥5.8b | -16.8% | PE18x | |
| 3843 FreeBit | JP¥1.72k | 3.1% +JP¥1.1b | 4.5% | PE10.6x | |
| 4347 Broadmedia | JP¥1.85k | 3.7% +JP¥463.3m | 6.5% | PE15.3x | |
| 9450 Fibergate | JP¥779.00 | 1.2% +JP¥181.1m | 4.1% | PE14.5x | |
| 3934 BENEFIT JAPAN | JP¥2.30k | 1.3% +JP¥171.4m | 20.9% | PE12.2x |