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Japanese (NIKKEI) Utilities Sector Analysis

UpdatedAug 05, 2026
DataAggregated Company Financials
Companies32
  • 7D-2.1%
  • 3M-2.5%
  • 1Y20.7%
  • YTD-1.3%

In the last week, the Utilities industry is down 2.1% with Kansai Electric Power Company down the most at 5.0%. On the other hand Shikoku Electric Power Company is actually up 8.5%. This takes the industry's 12 month performance to a gain of 21%. As for the next few years, earnings are expected to grow by 1.0% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 05 Aug 2026JP¥14.3tJP¥31.4tJP¥1.8t11.2x7.8x0.5x
Fri, 03 Jul 2026JP¥14.1tJP¥30.9tJP¥1.2t10.2x12.2x0.5x
Sun, 31 May 2026JP¥14.4tJP¥30.9tJP¥1.2t9.7x12.4x0.5x
Tue, 28 Apr 2026JP¥14.7tJP¥31.4tJP¥1.1t10.4x13.2x0.5x
Thu, 26 Mar 2026JP¥15.8tJP¥31.4tJP¥1.1t9.9x14.1x0.5x
Sat, 21 Feb 2026JP¥16.1tJP¥31.4tJP¥1.1t10.3x14.4x0.5x
Mon, 19 Jan 2026JP¥14.6tJP¥31.9tJP¥1.1t10.3x12.9x0.5x
Wed, 17 Dec 2025JP¥14.1tJP¥31.9tJP¥1.1t9.4x12.5x0.4x
Fri, 14 Nov 2025JP¥14.6tJP¥31.9tJP¥1.1t10x12.9x0.5x
Sun, 12 Oct 2025JP¥12.9tJP¥32.3tJP¥924.5b10.7x13.9x0.4x
Tue, 09 Sep 2025JP¥13.2tJP¥32.3tJP¥923.8b11x14.3x0.4x
Thu, 07 Aug 2025JP¥12.2tJP¥32.3tJP¥926.4b10x13.2x0.4x
Sat, 05 Jul 2025JP¥11.3tJP¥32.4tJP¥1.8t9.9x6.4x0.4x
Mon, 02 Jun 2025JP¥10.7tJP¥32.4tJP¥1.8t10.3x6x0.3x
Wed, 30 Apr 2025JP¥10.9tJP¥32.0tJP¥1.7t9.8x6.5x0.3x
Fri, 28 Mar 2025JP¥11.2tJP¥31.9tJP¥1.7t9.8x6.6x0.4x
Sun, 23 Feb 2025JP¥10.6tJP¥31.9tJP¥1.7t9.2x6.2x0.3x
Tue, 21 Jan 2025JP¥10.4tJP¥31.8tJP¥1.5t10.8x7.1x0.3x
Thu, 19 Dec 2024JP¥10.4tJP¥31.8tJP¥1.5t10.7x7x0.3x
Sat, 16 Nov 2024JP¥10.9tJP¥31.8tJP¥1.5t11.8x7.4x0.3x
Mon, 14 Oct 2024JP¥11.5tJP¥31.7tJP¥1.9t10.4x6.2x0.4x
Wed, 11 Sep 2024JP¥11.6tJP¥31.7tJP¥1.9t10.1x6.2x0.4x
Fri, 09 Aug 2024JP¥11.4tJP¥31.7tJP¥1.9t11x6.1x0.4x
Sun, 07 Jul 2024JP¥12.2tJP¥32.2tJP¥2.3t9.8x5.4x0.4x
Tue, 04 Jun 2024JP¥13.3tJP¥32.2tJP¥2.3t10.5x5.9x0.4x
Thu, 02 May 2024JP¥12.5tJP¥32.5tJP¥2.3t8.6x5.4x0.4x
Sat, 30 Mar 2024JP¥11.9tJP¥34.0tJP¥3.1t7.8x3.8x0.4x
Mon, 26 Feb 2024JP¥10.7tJP¥34.0tJP¥3.1t7.4x3.4x0.3x
Wed, 24 Jan 2024JP¥10.8tJP¥35.7tJP¥2.3t9.5x4.7x0.3x
Fri, 22 Dec 2023JP¥10.1tJP¥35.7tJP¥2.3t8.9x4.5x0.3x
Sun, 19 Nov 2023JP¥10.4tJP¥35.7tJP¥2.3t8.9x4.6x0.3x
Tue, 17 Oct 2023JP¥10.2tJP¥36.2tJP¥1.0t11.1x9.8x0.3x
Thu, 14 Sep 2023JP¥10.7tJP¥36.2tJP¥1.0t11.2x10.2x0.3x
Sat, 12 Aug 2023JP¥9.8tJP¥36.2tJP¥1.1t9.3x9.3x0.3x
Price to Earnings Ratio

9.3x


Total Market Cap: JP¥9.8tTotal Earnings: JP¥1.1tTotal 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 0.37x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 20% 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 Market0.13%
Utilities-2.12%
Renewable Energy0.58%
Electric Utilities-1.65%
Gas Utilities-3.30%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 8.7x.
    • Analysts are expecting annual earnings growth of 7.5%, which is lower than the prior year's growth of 81.8% per year.
  • Investors are most pessimistic about the Electric Utilities industry, which is trading below its 3-year average of 8.9x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 7.5% over the next 5 years.
  • In contrast, the Electric 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
9507 Shikoku Electric Power CompanyJP¥1.74k8.5%
+JP¥27.8b
35.9%PE6.4x
9511 Okinawa Electric Power CompanyJP¥1.06k12.9%
+JP¥6.6b
8.8%PE150.5x
1436 GreenEnergyJP¥1.52k24.8%
+JP¥3.7b
97.0%PE37.7x
350A DIGITAL GRIDJP¥789.0010.3%
+JP¥3.0b
-59.9%PE15x
3777 Environment Friendly HoldingsJP¥47.009.3%
+JP¥1.4b
-31.9%PS13.8x

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