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Japanese (NIKKEI) Utilities Sector Analysis

UpdatedMay 28, 2026
DataAggregated Company Financials
Companies31
  • 7D0.4%
  • 3M-9.9%
  • 1Y41.5%
  • YTD0.7%

Last week, the Utilities industry hasn't moved much but Chubu Electric Power Company is up 9.0% in that time. The past year has been better, since the industry has gained 41% in that time. As for the next few years, earnings are expected to grow by 1.2% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 May 2026JP¥14.6tJP¥30.9tJP¥1.2t9.9x12.6x0.5x
Sat, 25 Apr 2026JP¥14.8tJP¥31.4tJP¥1.1t10.4x13.2x0.5x
Mon, 23 Mar 2026JP¥15.6tJP¥31.4tJP¥1.1t9.5x14x0.5x
Wed, 18 Feb 2026JP¥16.2tJP¥31.4tJP¥1.1t10.3x14.4x0.5x
Fri, 16 Jan 2026JP¥14.7tJP¥31.9tJP¥1.1t10.5x13x0.5x
Sun, 14 Dec 2025JP¥14.2tJP¥31.9tJP¥1.1t9.6x12.5x0.4x
Tue, 11 Nov 2025JP¥14.0tJP¥31.9tJP¥1.1t9.9x12.3x0.4x
Thu, 09 Oct 2025JP¥13.1tJP¥32.3tJP¥924.5b10.9x14.1x0.4x
Sat, 06 Sep 2025JP¥13.1tJP¥32.3tJP¥923.8b11x14.2x0.4x
Mon, 04 Aug 2025JP¥11.9tJP¥32.3tJP¥926.3b9.8x12.9x0.4x
Wed, 02 Jul 2025JP¥11.0tJP¥32.4tJP¥1.8t10x6.2x0.3x
Fri, 30 May 2025JP¥10.6tJP¥32.4tJP¥1.8t10.3x6x0.3x
Sun, 27 Apr 2025JP¥10.8tJP¥31.9tJP¥1.7t9.8x6.4x0.3x
Tue, 25 Mar 2025JP¥11.4tJP¥31.9tJP¥1.7t9.8x6.7x0.4x
Thu, 20 Feb 2025JP¥10.6tJP¥31.9tJP¥1.7t9.3x6.2x0.3x
Sat, 18 Jan 2025JP¥10.4tJP¥31.8tJP¥1.5t10.7x7x0.3x
Mon, 16 Dec 2024JP¥10.5tJP¥31.8tJP¥1.5t11.1x7.1x0.3x
Wed, 13 Nov 2024JP¥11.5tJP¥31.8tJP¥1.5t12.1x7.8x0.4x
Fri, 11 Oct 2024JP¥11.6tJP¥31.7tJP¥1.9t10.4x6.2x0.4x
Sun, 08 Sep 2024JP¥11.8tJP¥31.7tJP¥1.9t10.5x6.3x0.4x
Tue, 06 Aug 2024JP¥10.2tJP¥31.7tJP¥1.9t10.2x5.5x0.3x
Thu, 04 Jul 2024JP¥12.5tJP¥32.2tJP¥2.3t9.9x5.5x0.4x
Sat, 01 Jun 2024JP¥13.5tJP¥32.2tJP¥2.3t10.8x6x0.4x
Mon, 29 Apr 2024JP¥12.3tJP¥33.7tJP¥3.1t8.5x4x0.4x
Wed, 27 Mar 2024JP¥11.8tJP¥34.0tJP¥3.1t8x3.8x0.3x
Fri, 23 Feb 2024JP¥10.7tJP¥34.0tJP¥3.1t7.4x3.4x0.3x
Sun, 21 Jan 2024JP¥10.7tJP¥35.7tJP¥2.3t9.5x4.7x0.3x
Tue, 19 Dec 2023JP¥10.4tJP¥35.7tJP¥2.3t8.9x4.6x0.3x
Thu, 16 Nov 2023JP¥10.2tJP¥35.7tJP¥2.3t8.8x4.5x0.3x
Sat, 14 Oct 2023JP¥10.2tJP¥36.2tJP¥1.0t11.1x9.8x0.3x
Mon, 11 Sep 2023JP¥10.4tJP¥36.2tJP¥1.0t11.4x10x0.3x
Wed, 09 Aug 2023JP¥9.8tJP¥36.1tJP¥1.1t9.2x9.3x0.3x
Fri, 07 Jul 2023JP¥9.4tJP¥35.3t-JP¥20,011,000,000.0011.5x-471.1x0.3x
Sun, 04 Jun 2023JP¥9.1tJP¥35.3t-JP¥21,037,000,000.0013.2x-431.8x0.3x
Price to Earnings Ratio

-431.8x


Total Market Cap: JP¥9.1tTotal Earnings: -JP¥21,037,000,000.00Total Revenue: JP¥35.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Utilities Sector Price to Earnings3Y Average -18.1x202420252026
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 12.6x which is higher than its 3-year average PE of -18.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.36x.
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 Market3.59%
Utilities0.44%
Electric Utilities3.77%
Gas Utilities-3.01%
Renewable Energy-5.83%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 8.3x.
    • Analysts are expecting annual earnings growth of 2.4%, which is lower than the prior year's growth of 74.5% per year.
  • Investors are most pessimistic about the Gas Utilities industry, which is trading close to its 3-year average of 11.3x.
Forecasted Growth
  • Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 4.7% 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 4.6% 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
9502 Chubu Electric Power CompanyJP¥2.95k8.6%
+JP¥176.4b		68.8%PE9.8x
8174 Nippon GasJP¥2.79k2.4%
+JP¥7.0b		9.0%PE20.1x
3777 Environment Friendly HoldingsJP¥60.0030.4%
+JP¥4.3b		81.8%PS14.9x
9539 Keiyo GasJP¥1.38k1.0%
+JP¥450.2m		11.0%PE10.7x
3361 ToellLtdJP¥862.000.8%
+JP¥131.1m		11.8%PE11.2x

Latest News

9532
JP¥5,385.00
Osaka Gas
7D
-5.0%
1Y
47.6%
3777
JP¥60.00
Environment Friendly Holdings
7D
30.4%
1Y
81.8%
9531
JP¥6,294.00
Tokyo GasLtd
7D
-5.4%
1Y
32.2%
9503
JP¥2,291.00
Kansai Electric Power Company
7D
-0.6%
1Y
41.2%
9513
JP¥3,970.00
Electric Power Development
7D
-9.6%
1Y
63.8%
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...
9533
JP¥1,245.50
Toho Gas
7D
-4.1%
1Y
22.9%
9502
JP¥2,951.00
Chubu Electric Power Company
7D
8.6%
1Y
68.8%
8174
JP¥2,793.00
Nippon Gas
7D
2.4%
1Y
9.0%
9506
JP¥996.70
Tohoku Electric Power Company
7D
-2.7%
1Y
-0.2%
9508
JP¥1,649.00
Kyushu Electric Power Company
7D
-2.5%
1Y
33.4%
Analysis Article • May 07

Kyushu Electric Power Company's (TSE:9508) Profits Appear To Have Quality Issues

Kyushu Electric Power Company, Incorporated's ( TSE:9508 ) healthy profit numbers didn't contain any surprises for...
9507
JP¥1,449.00
Shikoku Electric Power Company
7D
-4.3%
1Y
23.8%
9539
JP¥1,379.00
Keiyo Gas
7D
1.0%
1Y
11.0%
3361
JP¥862.00
ToellLtd
7D
0.8%
1Y
11.8%