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Japanese (NIKKEI) Utilities Sector Analysis

UpdatedJun 22, 2026
DataAggregated Company Financials
Companies31
  • 7D-1.2%
  • 3M-6.6%
  • 1Y33.7%
  • YTD-2.7%

Over the last 7 days, the Utilities industry has dropped 1.2%, driven by a pullback from Osaka Gas of 3.7%. This takes the industry's 12 month performance to a gain of 34%. Earnings are forecast to grow by 1.4% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Jun 2026JP¥14.1tJP¥30.9tJP¥1.2t9.4x12.2x0.5x
Wed, 20 May 2026JP¥14.8tJP¥30.9tJP¥1.2t9.8x12.8x0.5x
Fri, 17 Apr 2026JP¥15.8tJP¥31.4tJP¥1.1t11.1x14.1x0.5x
Sun, 15 Mar 2026JP¥15.6tJP¥31.4tJP¥1.1t9.8x13.9x0.5x
Tue, 10 Feb 2026JP¥15.6tJP¥31.4tJP¥1.1t9.8x14x0.5x
Thu, 08 Jan 2026JP¥14.2tJP¥31.9tJP¥1.1t9.8x12.6x0.4x
Sat, 06 Dec 2025JP¥13.9tJP¥31.9tJP¥1.1t9.9x12.2x0.4x
Mon, 03 Nov 2025JP¥13.5tJP¥31.9tJP¥1.1t10x12x0.4x
Wed, 01 Oct 2025JP¥12.7tJP¥32.3tJP¥924.5b10.6x13.8x0.4x
Fri, 29 Aug 2025JP¥13.1tJP¥32.3tJP¥923.8b10.9x14.2x0.4x
Sun, 27 Jul 2025JP¥11.7tJP¥32.4tJP¥1.8t10.8x6.6x0.4x
Tue, 24 Jun 2025JP¥10.6tJP¥32.4tJP¥1.8t10.2x6x0.3x
Thu, 22 May 2025JP¥10.6tJP¥32.4tJP¥1.8t10.3x6x0.3x
Sat, 19 Apr 2025JP¥10.5tJP¥31.9tJP¥1.7t9.8x6.2x0.3x
Mon, 17 Mar 2025JP¥11.1tJP¥31.9tJP¥1.7t9.6x6.5x0.3x
Wed, 12 Feb 2025JP¥10.4tJP¥31.9tJP¥1.7t10.6x6.2x0.3x
Fri, 10 Jan 2025JP¥10.3tJP¥31.8tJP¥1.5t11x7x0.3x
Sun, 08 Dec 2024JP¥10.6tJP¥31.8tJP¥1.5t11.4x7.2x0.3x
Tue, 05 Nov 2024JP¥11.5tJP¥31.8tJP¥1.5t10.1x7.8x0.4x
Thu, 03 Oct 2024JP¥11.3tJP¥31.7tJP¥1.9t10.8x6.1x0.4x
Sat, 31 Aug 2024JP¥12.0tJP¥31.7tJP¥1.9t10.5x6.4x0.4x
Mon, 29 Jul 2024JP¥11.5tJP¥32.2tJP¥2.3t9.5x5.1x0.4x
Wed, 26 Jun 2024JP¥12.6tJP¥32.2tJP¥2.3t10.5x5.6x0.4x
Fri, 24 May 2024JP¥12.7tJP¥32.2tJP¥2.3t10.7x5.6x0.4x
Sun, 21 Apr 2024JP¥12.3tJP¥34.0tJP¥3.1t8.1x3.9x0.4x
Tue, 19 Mar 2024JP¥11.5tJP¥34.0tJP¥3.1t7.6x3.7x0.3x
Thu, 15 Feb 2024JP¥10.4tJP¥34.0tJP¥3.1t7.2x3.3x0.3x
Sat, 13 Jan 2024JP¥10.9tJP¥35.7tJP¥2.3t9.4x4.8x0.3x
Mon, 11 Dec 2023JP¥10.7tJP¥35.7tJP¥2.3t8.9x4.7x0.3x
Wed, 08 Nov 2023JP¥10.4tJP¥35.7tJP¥2.3t8.7x4.5x0.3x
Fri, 06 Oct 2023JP¥10.2tJP¥36.2tJP¥1.0t11.2x9.8x0.3x
Sun, 03 Sep 2023JP¥10.4tJP¥36.2tJP¥1.0t11x9.9x0.3x
Tue, 01 Aug 2023JP¥9.8tJP¥35.9tJP¥578.7b11x16.9x0.3x
Thu, 29 Jun 2023JP¥9.4tJP¥35.3t-JP¥20,378,000,000.0011.5x-462.9x0.3x
Price to Earnings Ratio

-462.9x


Total Market Cap: JP¥9.4tTotal Earnings: -JP¥20,378,000,000.00Total Revenue: JP¥35.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Utilities Sector Price to Earnings3Y Average -7.7x202420252026
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 12.2x which is higher than its 3-year average PE of -7.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.37x.
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 declined 4.4% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

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

JP Market4.68%
Utilities-1.20%
Electric Utilities0.36%
Gas Utilities-2.81%
Renewable Energy-4.94%
Industry PE
  • Investors are most optimistic about the Electric Utilities industry which is trading above its 3-year average PE ratio of 7.8x.
    • Analysts are expecting annual earnings growth of 4.4%, which is higher than its past year's earnings decline of 13.0% per year.
  • Investors are most pessimistic about the Gas Utilities industry, which is trading close to its 3-year average of 11.4x.
Forecasted Growth
  • Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 4.4% over the next 5 years.
  • This is better than its past earnings decline of 13% per year.
  • In contrast, the Gas Utilities industry is expected to see its earnings decline by 3.8% 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
1436 GreenEnergyJP¥1.55k29.0%
+JP¥4.3b		117.2%PE38.2x
9502 Chubu Electric Power CompanyJP¥2.86k0.05%
+JP¥1.1b		66.9%PE9.5x
9537 Hokuriku GasLtdJP¥4.05k2.4%
+JP¥443.1m		14.4%PE5.9x
3361 ToellLtdJP¥860.000.4%
+JP¥56.2m		9.8%PE10x
1711 SDS HOLDINGSLtdJP¥223.000.9%
+JP¥20.9m		-4.7%PS0.4x

Latest News

3361
JP¥860.00
ToellLtd
7D
0.4%
1Y
9.8%
Analysis Article • Jun 18

ToellLtd's (TSE:3361) Profits Appear To Have Quality Issues

Toell Co.,Ltd.'s ( TSE:3361 ) healthy profit numbers didn't contain any surprises for investors. We believe that...
9508
JP¥1,638.50
Kyushu Electric Power Company
7D
-2.6%
1Y
34.0%
1436
JP¥1,545.00
GreenEnergy
7D
29.0%
1Y
117.2%
9502
JP¥2,862.50
Chubu Electric Power Company
7D
0.05%
1Y
66.9%
9533
JP¥1,220.50
Toho Gas
7D
-3.2%
1Y
16.2%
9532
JP¥5,451.00
Osaka Gas
7D
-0.9%
1Y
47.1%
9531
JP¥6,210.00
Tokyo GasLtd
7D
-0.8%
1Y
29.2%
9503
JP¥2,339.50
Kansai Electric Power Company
7D
-1.2%
1Y
45.1%
9537
JP¥4,045.00
Hokuriku GasLtd
7D
2.4%
1Y
14.4%
1711
JP¥223.00
SDS HOLDINGSLtd
7D
0.9%
1Y
-4.7%
9513
JP¥3,882.00
Electric Power Development
7D
-2.7%
1Y
62.7%
Analysis Article • May 19

Electric Power Development's (TSE:9513) Conservative Accounting Might Explain Soft Earnings

The market was pleased with the recent earnings report from Electric Power Development Co., Ltd. ( TSE:9513 ), despite...
9501
JP¥477.50
Tokyo Electric Power Company Holdings
7D
-10.1%
1Y
11.8%
9504
JP¥878.00
Chugoku Electric Power
7D
-3.9%
1Y
28.8%
Analysis Article • May 05

Chugoku Electric Power's (TSE:9504) Shareholders Have More To Worry About Than Only Soft Earnings

The Chugoku Electric Power Co., Inc.'s ( TSE:9504 ) recent weak earnings report didn't cause a big stock movement. Our...