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Japanese (NIKKEI) Utilities Sector Analysis

UpdatedApr 01, 2026
DataAggregated Company Financials
Companies31
  • 7D2.4%
  • 3M10.7%
  • 1Y49.3%
  • YTD8.8%

Over the last 7 days, the Utilities industry has risen 2.4%, and Kansai Electric Power Company contributed the most with a gain of 2.9%. This takes the industry's 12 month performance to a gain of 49%. Looking forward, earnings are expected to remain mostly flat in the next few years.

Sector Valuation and Performance

Has the Japanese Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 01 Apr 2026JP¥15.7tJP¥31.4tJP¥1.1t10.5x14.1x0.5x
Fri, 27 Feb 2026JP¥16.2tJP¥31.4tJP¥1.1t10.2x14.5x0.5x
Sun, 25 Jan 2026JP¥14.8tJP¥31.9tJP¥1.1t10.2x13.1x0.5x
Tue, 23 Dec 2025JP¥14.2tJP¥31.9tJP¥1.1t9.7x12.5x0.4x
Thu, 20 Nov 2025JP¥14.4tJP¥31.9tJP¥1.1t9.8x12.6x0.4x
Sat, 18 Oct 2025JP¥13.0tJP¥32.3tJP¥924.5b10.6x14.1x0.4x
Mon, 15 Sep 2025JP¥13.4tJP¥32.3tJP¥924.5b10.4x14.5x0.4x
Wed, 13 Aug 2025JP¥12.7tJP¥32.3tJP¥923.3b10.8x13.7x0.4x
Fri, 11 Jul 2025JP¥11.1tJP¥32.4tJP¥1.8t10.3x6.2x0.3x
Sun, 08 Jun 2025JP¥10.4tJP¥32.4tJP¥1.8t10.2x5.9x0.3x
Tue, 06 May 2025JP¥10.9tJP¥32.3tJP¥1.7t10.6x6.3x0.3x
Thu, 03 Apr 2025JP¥10.6tJP¥31.9tJP¥1.7t9.7x6.2x0.3x
Sat, 01 Mar 2025JP¥10.7tJP¥31.9tJP¥1.7t9.3x6.3x0.3x
Mon, 27 Jan 2025JP¥10.3tJP¥31.8tJP¥1.5t10.6x7x0.3x
Wed, 25 Dec 2024JP¥10.5tJP¥31.8tJP¥1.5t11x7.1x0.3x
Fri, 22 Nov 2024JP¥10.8tJP¥31.8tJP¥1.5t11.7x7.3x0.3x
Sun, 20 Oct 2024JP¥11.6tJP¥31.7tJP¥1.9t10.4x6.2x0.4x
Tue, 17 Sep 2024JP¥11.3tJP¥31.7tJP¥1.9t10x6.1x0.4x
Thu, 15 Aug 2024JP¥11.4tJP¥31.7tJP¥1.9t11.1x6.2x0.4x
Sat, 13 Jul 2024JP¥12.2tJP¥32.2tJP¥2.3t10.2x5.4x0.4x
Mon, 10 Jun 2024JP¥13.0tJP¥32.2tJP¥2.3t10.6x5.8x0.4x
Wed, 08 May 2024JP¥12.7tJP¥32.5tJP¥2.3t8.5x5.5x0.4x
Fri, 05 Apr 2024JP¥12.2tJP¥34.0tJP¥3.1t8.1x3.9x0.4x
Sun, 03 Mar 2024JP¥10.8tJP¥34.0tJP¥3.1t7.5x3.4x0.3x
Tue, 30 Jan 2024JP¥10.8tJP¥35.7tJP¥2.3t9.9x4.8x0.3x
Thu, 28 Dec 2023JP¥10.3tJP¥35.7tJP¥2.3t9x4.5x0.3x
Sat, 25 Nov 2023JP¥10.2tJP¥35.7tJP¥2.3t8.8x4.5x0.3x
Mon, 23 Oct 2023JP¥10.0tJP¥36.2tJP¥1.0t11.1x9.6x0.3x
Wed, 20 Sep 2023JP¥11.2tJP¥36.2tJP¥1.0t11.3x10.7x0.3x
Fri, 18 Aug 2023JP¥9.8tJP¥36.2tJP¥1.0t10.8x9.4x0.3x
Sun, 16 Jul 2023JP¥9.0tJP¥35.3t-JP¥20,011,000,000.0011.2x-448.6x0.3x
Tue, 13 Jun 2023JP¥9.4tJP¥35.3t-JP¥20,776,000,000.0013.5x-454.8x0.3x
Thu, 11 May 2023JP¥8.7tJP¥35.2t-JP¥7,626,000,000.0015.4x-1139.8x0.2x
Sat, 08 Apr 2023JP¥8.0tJP¥33.1t-JP¥1,077,070,000,000.0013.4x-7.4x0.2x
Price to Earnings Ratio

-7.4x


Total Market Cap: JP¥8.0tTotal Earnings: -JP¥1,077,070,000,000.00Total Revenue: JP¥33.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Utilities Sector Price to Earnings3Y Average -23.7x202420252026
Current Industry PE
  • Investors are pessimistic on the Japanese Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 14.1x which is higher than its 3-year average PE of -23.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.35x.
Past Earnings Growth
  • Total earnings for the Utilities industry have gone up over the last three years, and the industry is now profitable.
  • Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Japanese Utilities sector?

JP Market-1.74%
Utilities2.45%
Renewable Energy11.18%
Electric Utilities2.14%
Gas Utilities1.61%
Industry PE
  • Investors are most optimistic about the Electric Utilities industry which is trading above its 3-year average PE ratio of 6.2x.
    • Analysts are expecting annual earnings growth of 2.8%, which is lower than the prior year's growth of 8.0% per year.
  • Investors are most pessimistic about the Renewable Energy industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.0x.
Forecasted Growth
  • Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 2.8% over the next 5 years.
  • However this is lower than its past earnings growth rate of 8.0% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings decline by 7.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
9503 Kansai Electric Power CompanyJP¥2.71k3.4%
+JP¥98.0b		58.0%PE7.6x
9513 Electric Power DevelopmentJP¥4.38k12.3%
+JP¥84.6b		70.0%PE8x
9502 Chubu Electric Power CompanyJP¥2.72k3.9%
+JP¥77.1b		67.0%PE8.6x
9532 Osaka GasJP¥6.53k1.9%
+JP¥47.4b		91.7%PE13.7x
9533 Toho GasJP¥1.32k9.0%
+JP¥39.6b		28.0%PE17.6x

Latest News

9533
JP¥1,317.50
Toho Gas
7D
9.0%
1Y
28.0%
9503
JP¥2,712.00
Kansai Electric Power Company
7D
3.4%
1Y
58.0%
9508
JP¥1,879.00
Kyushu Electric Power Company
7D
4.0%
1Y
47.5%
9536
JP¥2,578.00
Saibu Gas HoldingsLtd
7D
-0.3%
1Y
51.5%
9534
JP¥892.00
Hokkaido Gas
7D
-0.3%
1Y
77.3%
9513
JP¥4,380.00
Electric Power Development
7D
12.3%
1Y
70.0%
9537
JP¥4,440.00
Hokuriku GasLtd
7D
-8.1%
1Y
29.6%
9531
JP¥7,645.00
Tokyo GasLtd
7D
1.3%
1Y
63.4%
9535
JP¥401.00
HIROSHIMA GASLtd
7D
-3.6%
1Y
17.6%
9502
JP¥2,719.00
Chubu Electric Power Company
7D
3.9%
1Y
67.0%
8174
JP¥2,973.50
Nippon Gas
7D
-1.7%
1Y
33.3%
9532
JP¥6,527.00
Osaka Gas
7D
1.9%
1Y
91.7%
1711
JP¥281.00
SDS HOLDINGSLtd
7D
-5.4%
1Y
13.8%
9539
JP¥1,285.00
Keiyo Gas
7D
-6.1%
1Y
21.8%
3777
JP¥58.00
Environment Friendly Holdings
7D
-3.3%
1Y
52.6%
9501
JP¥659.40
Tokyo Electric Power Company Holdings
7D
3.6%
1Y
60.6%