Japanese (NIKKEI) Alternative Carriers Industry Analysis

UpdatedFeb 02, 2026

DataAggregated Company Financials

Companies10

7D-1.3%
3M-5.9%
1Y2.0%
YTDn/a

Over the last 7 days, the Alternative Carriers industry has dropped 1.3%, driven by a pullback from U-NEXT HOLDINGSLtd of 2.4%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

Has the Japanese Alternative Carriers Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 03 Feb 2026	JP¥432.5b	JP¥536.0b	JP¥23.2b	17.4x	18.6x	0.8x
Thu, 01 Jan 2026	JP¥456.8b	JP¥523.1b	JP¥23.2b	15x	19.7x	0.9x
Sat, 29 Nov 2025	JP¥468.7b	JP¥520.7b	JP¥23.0b	16.5x	20.4x	0.9x
Mon, 27 Oct 2025	JP¥459.8b	JP¥517.2b	JP¥22.9b	17.9x	20.1x	0.9x
Wed, 24 Sep 2025	JP¥473.8b	JP¥498.6b	JP¥20.3b	14.2x	23.4x	1x
Fri, 22 Aug 2025	JP¥487.1b	JP¥496.7b	JP¥20.0b	13.4x	24.3x	1x
Sun, 20 Jul 2025	JP¥454.0b	JP¥495.1b	JP¥20.1b	12.1x	22.6x	0.9x
Tue, 17 Jun 2025	JP¥479.8b	JP¥481.7b	JP¥20.2b	11.9x	23.7x	1x
Thu, 15 May 2025	JP¥463.9b	JP¥469.8b	JP¥22.6b	12.9x	20.5x	1x
Sat, 12 Apr 2025	JP¥410.8b	JP¥472.1b	JP¥22.5b	12.1x	18.3x	0.9x
Mon, 10 Mar 2025	JP¥383.8b	JP¥454.8b	JP¥22.3b	12.8x	17.2x	0.8x
Wed, 05 Feb 2025	JP¥411.1b	JP¥453.6b	JP¥22.3b	12.5x	18.5x	0.9x
Fri, 03 Jan 2025	JP¥392.8b	JP¥434.9b	JP¥22.0b	11.4x	17.8x	0.9x
Sun, 01 Dec 2024	JP¥378.3b	JP¥434.6b	JP¥22.2b	11.9x	17x	0.9x
Tue, 29 Oct 2024	JP¥367.6b	JP¥444.8b	JP¥16.7b	13.7x	22x	0.8x
Thu, 26 Sep 2024	JP¥395.6b	JP¥427.7b	JP¥16.9b	13.9x	23.4x	0.9x
Sat, 24 Aug 2024	JP¥407.3b	JP¥428.5b	JP¥16.9b	15x	24x	1x
Mon, 22 Jul 2024	JP¥352.0b	JP¥429.2b	JP¥17.3b	16.3x	20.3x	0.8x
Wed, 19 Jun 2024	JP¥368.6b	JP¥414.3b	JP¥16.5b	14.6x	22.4x	0.9x
Fri, 17 May 2024	JP¥356.5b	JP¥401.8b	JP¥21.5b	15.4x	16.6x	0.9x
Sun, 14 Apr 2024	JP¥354.1b	JP¥400.9b	JP¥22.1b	14.6x	16x	0.9x
Tue, 12 Mar 2024	JP¥358.5b	JP¥392.2b	JP¥20.2b	14.5x	17.8x	0.9x
Thu, 08 Feb 2024	JP¥334.2b	JP¥401.4b	JP¥19.6b	11.2x	17.1x	0.8x
Sat, 06 Jan 2024	JP¥421.2b	JP¥452.1b	JP¥23.5b	11.1x	17.9x	0.9x
Mon, 04 Dec 2023	JP¥403.2b	JP¥450.5b	JP¥22.9b	12.4x	17.6x	0.9x
Wed, 01 Nov 2023	JP¥384.7b	JP¥448.0b	JP¥22.9b	13x	16.8x	0.9x
Fri, 29 Sep 2023	JP¥321.1b	JP¥436.7b	JP¥22.0b	12.7x	14.6x	0.7x
Sun, 27 Aug 2023	JP¥329.2b	JP¥433.8b	JP¥21.5b	13.4x	15.3x	0.8x
Tue, 25 Jul 2023	JP¥392.9b	JP¥431.1b	JP¥21.5b	13.8x	18.2x	0.9x
Thu, 22 Jun 2023	JP¥399.7b	JP¥423.4b	JP¥20.5b	14.9x	19.5x	0.9x
Sat, 20 May 2023	JP¥372.2b	JP¥414.3b	JP¥19.0b	19.8x	19.6x	0.9x
Mon, 17 Apr 2023	JP¥309.9b	JP¥413.1b	JP¥18.4b	17.9x	16.8x	0.8x
Wed, 15 Mar 2023	JP¥275.5b	JP¥401.9b	JP¥17.9b	15x	15.4x	0.7x
Fri, 10 Feb 2023	JP¥279.1b	JP¥398.9b	JP¥18.1b	15.7x	15.4x	0.7x

Price to Earnings Ratio

15.4x

Fri, 10 Feb 2023

Current Industry PE

Investors are relatively neutral on the Japanese Alternative Carriers 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 0.88x.

Past Earnings Growth

The earnings for companies in the Alternative Carriers industry have grown 8.6% per year over the last three years.
Revenues for these companies have grown 10% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.