Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Japanese (NIKKEI) Utilities Sector Analysis

UpdatedSep 17, 2026
DataAggregated Company Financials
Companies32
  • 7D-0.4%
  • 3M15.3%
  • 1Y26.2%
  • YTD12.4%

Last week, the Utilities industry hasn't moved much but Osaka Gas is up 4.0% in that time. The past year has been better, since the industry has gained 21% in that time. As for the next few years, earnings are expected to grow by 1.9% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 17 Sep 2026JP¥16.2tJP¥31.4tJP¥1.8t10.7x8.8x0.5x
Sat, 15 Aug 2026JP¥14.5tJP¥31.4tJP¥1.8t10.7x7.9x0.5x
Mon, 13 Jul 2026JP¥14.2tJP¥30.9tJP¥1.2t10.4x12.3x0.5x
Wed, 10 Jun 2026JP¥14.1tJP¥30.9tJP¥1.2t9.3x12.2x0.5x
Fri, 08 May 2026JP¥14.6tJP¥30.9tJP¥1.2t10.4x11.9x0.5x
Sun, 05 Apr 2026JP¥16.2tJP¥31.4tJP¥1.1t10.9x14.5x0.5x
Tue, 03 Mar 2026JP¥16.5tJP¥31.4tJP¥1.1t10.3x14.8x0.5x
Thu, 29 Jan 2026JP¥14.2tJP¥31.9tJP¥1.1t9.8x12.6x0.4x
Sat, 27 Dec 2025JP¥14.3tJP¥31.9tJP¥1.1t10x12.6x0.4x
Mon, 24 Nov 2025JP¥14.5tJP¥31.9tJP¥1.1t9.9x12.7x0.5x
Wed, 22 Oct 2025JP¥13.1tJP¥32.3tJP¥924.5b10.7x14.2x0.4x
Fri, 19 Sep 2025JP¥12.8tJP¥32.3tJP¥924.5b10.3x13.9x0.4x
Sun, 17 Aug 2025JP¥13.2tJP¥32.3tJP¥923.8b11.2x14.2x0.4x
Tue, 15 Jul 2025JP¥11.1tJP¥32.4tJP¥1.8t10.4x6.3x0.3x
Thu, 12 Jun 2025JP¥10.4tJP¥32.4tJP¥1.8t10.3x5.8x0.3x
Sat, 10 May 2025JP¥10.9tJP¥32.3tJP¥1.8t10.6x6.1x0.3x
Mon, 07 Apr 2025JP¥10.5tJP¥31.9tJP¥1.7t9.4x6.2x0.3x
Wed, 05 Mar 2025JP¥10.8tJP¥31.9tJP¥1.7t9.5x6.3x0.3x
Fri, 31 Jan 2025JP¥10.4tJP¥31.8tJP¥1.5t10.5x7x0.3x
Sun, 29 Dec 2024JP¥10.7tJP¥31.8tJP¥1.5t11.6x7.3x0.3x
Tue, 26 Nov 2024JP¥10.8tJP¥31.8tJP¥1.5t11.8x7.3x0.3x
Thu, 24 Oct 2024JP¥11.3tJP¥31.7tJP¥1.9t10.1x6.1x0.4x
Sat, 21 Sep 2024JP¥11.3tJP¥31.7tJP¥1.9t10.8x6.1x0.4x
Mon, 19 Aug 2024JP¥11.7tJP¥31.7tJP¥1.9t11.3x6.3x0.4x
Wed, 17 Jul 2024JP¥12.2tJP¥32.2tJP¥2.3t10x5.4x0.4x
Fri, 14 Jun 2024JP¥12.7tJP¥32.2tJP¥2.3t10x5.6x0.4x
Sun, 12 May 2024JP¥12.6tJP¥32.3tJP¥2.3t11.1x5.5x0.4x
Tue, 09 Apr 2024JP¥12.1tJP¥34.0tJP¥3.1t8x3.8x0.4x
Thu, 07 Mar 2024JP¥10.8tJP¥34.0tJP¥3.1t7.6x3.4x0.3x
Sat, 03 Feb 2024JP¥10.8tJP¥34.3tJP¥3.2t7.3x3.3x0.3x
Mon, 01 Jan 2024JP¥10.4tJP¥35.7tJP¥2.3t9.1x4.6x0.3x
Wed, 29 Nov 2023JP¥10.2tJP¥35.7tJP¥2.3t8.9x4.5x0.3x
Fri, 27 Oct 2023JP¥10.1tJP¥36.2tJP¥1.0t11x9.6x0.3x
Sun, 24 Sep 2023JP¥10.9tJP¥36.2tJP¥1.0t11.4x10.4x0.3x
Price to Earnings Ratio

10.4x


Total Market Cap: JP¥10.9tTotal Earnings: JP¥1.0tTotal Revenue: JP¥36.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Utilities Sector Price to Earnings3Y Average 8.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the Japanese Utilities 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 8.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.38x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 21% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.6% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

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

JP Market0.07%
Utilities-0.36%
Gas Utilities2.89%
Renewable Energy-0.77%
Electric Utilities-2.20%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 9.3x.
    • Analysts are expecting annual earnings growth of 9.1%, which is lower than the prior year's growth of 39.3% per year.
  • Investors are most pessimistic about the Electric Utilities industry, which is trading below its 3-year average of 8.6x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 9.1% over the next 5 years.
  • However this is lower than its past earnings growth rate of 39% per year.
  • In contrast, the Gas Utilities industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
9532 Osaka GasJP¥6.18k4.1%
+JP¥92.0b		45.4%PE16.8x
9531 Tokyo GasLtdJP¥6.42k2.4%
+JP¥49.9b		18.2%PE13.2x
9503 Kansai Electric Power CompanyJP¥2.98k0.7%
+JP¥21.7b		36.6%PE7.9x
9513 Electric Power DevelopmentJP¥4.25k2.8%
+JP¥20.2b		50.8%PE22.1x
9505 Hokuriku Electric PowerJP¥1.16k8.5%
+JP¥18.9b		32.0%PE5x

Latest News

9507
JP¥2,271.50
Shikoku Electric Power Company
7D
4.2%
1Y
68.6%
9503
JP¥2,976.50
Kansai Electric Power Company
7D
0.7%
1Y
36.6%
New Narrative • Sep 15

Nuclear Maintenance And Inflationary Costs Will Weaken Margins And Pressure Long-Term Returns

Catalysts About Kansai Electric Power Company Kansai Electric Power Company is a Japanese utility that generates, transmits and sells electricity, with additional activities in real estate, ICT and overseas energy projects. What are the underlying business or industry changes driving this perspective?
9502
JP¥2,968.00
Chubu Electric Power Company
7D
-2.8%
1Y
45.1%
350A
JP¥722.00
DIGITAL GRID
7D
-11.3%
1Y
-31.3%
7692
JP¥78.00
Earth InfinityLtd
7D
-4.9%
1Y
-29.7%
9508
JP¥2,151.50
Kyushu Electric Power Company
7D
-1.5%
1Y
42.1%
9501
JP¥557.20
Tokyo Electric Power Company Holdings
7D
2.0%
1Y
-14.6%
9531
JP¥6,418.00
Tokyo GasLtd
7D
2.4%
1Y
18.2%
9519
JP¥885.00
RENOVA
7D
-2.6%
1Y
-8.8%
9513
JP¥4,247.00
Electric Power Development
7D
2.8%
1Y
50.8%
9532
JP¥6,177.00
Osaka Gas
7D
4.1%
1Y
45.4%
9539
JP¥1,340.00
Keiyo Gas
7D
-1.1%
1Y
15.7%
9504
JP¥1,120.00
Chugoku Electric Power
7D
4.4%
1Y
29.3%
603A
JP¥851.00
i GRID SOLUTIONS
7D
-9.6%
1Y
n/a
1663
JP¥1,964.00
K&O Energy Group
7D
-0.4%
1Y
24.9%
9505
JP¥1,160.50
Hokuriku Electric Power
7D
8.5%
1Y
32.0%