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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedMar 25, 2026
DataAggregated Company Financials
Companies3918
  • 7D-2.0%
  • 3M4.3%
  • 1Y26.7%
  • YTD2.3%

Over the last 7 days, the market has dropped 2.0%, driven by a pullback of 2.3% in the Industrials sector. In the last year, the market is actually up 27%. As for the next few years, earnings are expected to grow by 10.0% per annum.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

Has the Japanese Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Mar 2026JP¥1201.3tJP¥1039.5tJP¥65.6t14.4x18.3x1.2x
Fri, 20 Feb 2026JP¥1304.5tJP¥1040.6tJP¥65.7t15.3x19.9x1.3x
Sun, 18 Jan 2026JP¥1235.2tJP¥1027.4tJP¥64.4t15.1x19.2x1.2x
Tue, 16 Dec 2025JP¥1160.4tJP¥1030.0tJP¥64.2t14.3x18.1x1.1x
Thu, 13 Nov 2025JP¥1146.8tJP¥1031.5tJP¥63.8t14.3x18x1.1x
Sat, 11 Oct 2025JP¥1092.1tJP¥1023.4tJP¥59.8t14.4x18.3x1.1x
Mon, 08 Sep 2025JP¥1069.8tJP¥1026.4tJP¥59.8t14.7x17.9x1x
Wed, 06 Aug 2025JP¥1011.8tJP¥1021.0tJP¥60.4t14.1x16.7x1x
Fri, 04 Jul 2025JP¥974.9tJP¥1026.9tJP¥62.9t13.3x15.5x0.9x
Sun, 01 Jun 2025JP¥974.4tJP¥1033.2tJP¥63.7t13.1x15.3x0.9x
Tue, 29 Apr 2025JP¥925.7tJP¥1021.3tJP¥64.4t12.9x14.4x0.9x
Thu, 27 Mar 2025JP¥971.5tJP¥1020.9tJP¥64.4t13.5x15.1x1x
Sat, 22 Feb 2025JP¥953.8tJP¥1020.2tJP¥64.4t13.1x14.8x0.9x
Mon, 20 Jan 2025JP¥933.5tJP¥1010.1tJP¥61.9t13.3x15.1x0.9x
Wed, 18 Dec 2024JP¥952.0tJP¥1007.8tJP¥61.6t13.5x15.4x0.9x
Fri, 15 Nov 2024JP¥943.3tJP¥1005.7tJP¥60.6t13.4x15.6x0.9x
Sun, 13 Oct 2024JP¥950.8tJP¥999.0tJP¥60.1t13.5x15.8x1x
Tue, 10 Sep 2024JP¥910.8tJP¥1000.0tJP¥60.1t13.2x15.2x0.9x
Thu, 08 Aug 2024JP¥878.0tJP¥993.0tJP¥58.7t12.6x15x0.9x
Sat, 06 Jul 2024JP¥1008.5tJP¥986.0tJP¥58.3t14.4x17.3x1x
Mon, 03 Jun 2024JP¥974.4tJP¥989.4tJP¥58.6t14.1x16.6x1x
Wed, 01 May 2024JP¥970.9tJP¥975.4tJP¥57.3t14.6x16.9x1x
Fri, 29 Mar 2024JP¥980.9tJP¥976.4tJP¥56.9t14.7x17.2x1x
Sun, 25 Feb 2024JP¥950.8tJP¥975.7tJP¥56.9t14.3x16.7x1x
Tue, 23 Jan 2024JP¥914.0tJP¥971.4tJP¥52.5t14.7x17.4x0.9x
Thu, 21 Dec 2023JP¥849.9tJP¥971.1tJP¥52.5t14x16.2x0.9x
Sat, 18 Nov 2023JP¥866.9tJP¥977.4tJP¥52.7t14x16.5x0.9x
Mon, 16 Oct 2023JP¥839.6tJP¥971.5tJP¥55.2t14x15.2x0.9x
Wed, 13 Sep 2023JP¥865.6tJP¥971.2tJP¥55.2t14.4x15.7x0.9x
Fri, 11 Aug 2023JP¥839.6tJP¥969.2tJP¥55.5t14x15.1x0.9x
Sun, 09 Jul 2023JP¥823.4tJP¥957.2tJP¥50.6t13.9x16.3x0.9x
Tue, 06 Jun 2023JP¥810.9tJP¥959.1tJP¥51.1t13.5x15.9x0.8x
Thu, 04 May 2023JP¥762.5tJP¥941.3tJP¥47.9t13.4x15.9x0.8x
Sat, 01 Apr 2023JP¥736.8tJP¥933.9tJP¥46.6t12.9x15.8x0.8x
Price to Earnings Ratio

15.8x


Total Market Cap: JP¥736.8tTotal Earnings: JP¥46.6tTotal Revenue: JP¥933.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 16.3x202420252026
Current Market PE
  • Investors are optimistic on the Japanese market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 18.3x which is higher than its 3-year average PE of 16.3x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 12% per year over the last three years.
  • Revenues for these companies have grown 3.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Japanese Market?

JP Market-2.04%
Financials0.79%
Energy-0.20%
Utilities-0.96%
Consumer Staples-1.55%
Telecom-1.61%
Industrials-2.30%
Consumer Discretionary-2.60%
Healthcare-2.62%
Tech-2.96%
Materials-3.77%
Real Estate-4.00%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 25.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 18.1%, which is higher than its past year's earnings growth of 11.3% per year.
  • The Telecom sector is the least preferred by investors for future growth, which is trading below its 3-year average of 23.6x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Telecom sector 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 Price7D1YValuationSector
8766 Tokio Marine HoldingsJP¥7.86k29.4%
+JP¥3.2t		30.8%PE13.9xFinancials
5803 FujikuraJP¥27.48k6.9%
+JP¥488.3b		338.1%PE52.7xIndustrials
9984 SoftBank GroupJP¥3.81k1.6%
+JP¥336.2b		82.5%PE5.9xTelecom
8411 Mizuho Financial GroupJP¥6.42k1.6%
+JP¥246.3b		47.4%PB1.4xFinancials
8316 Sumitomo Mitsui Financial GroupJP¥5.31k1.0%
+JP¥210.5b		32.4%PB1.3xFinancials
See more

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Latest News

8766
JP¥7,857.00
Tokio Marine Holdings
7D
29.4%
1Y
30.8%
8316
JP¥5,311.00
Sumitomo Mitsui Financial Group
7D
1.0%
1Y
32.4%
4519
JP¥8,462.00
Chugai Pharmaceutical
7D
-5.8%
1Y
19.3%

4519: Rich P/E And Clinical Setbacks Will Likely Restrain Future Upside

Analysts have nudged their price target for Chugai Pharmaceutical down from ¥6,584.94 to ¥6,400. This change reflects updated assumptions for revenue growth, profit margins and a slightly lower future P/E multiple.
4503
JP¥2,538.50
Astellas Pharma
7D
3.8%
1Y
69.7%
5802
JP¥10,210.00
Sumitomo Electric Industries
7D
2.0%
1Y
269.3%
7011
JP¥4,547.00
Mitsubishi Heavy Industries
7D
-9.1%
1Y
69.7%
8031
JP¥6,253.00
Mitsui
7D
-6.1%
1Y
109.1%
8411
JP¥6,421.00
Mizuho Financial Group
7D
1.6%
1Y
47.4%
5801
JP¥31,240.00
Furukawa Electric
7D
8.8%
1Y
453.6%
4063
JP¥6,294.00
Shin-Etsu Chemical
7D
-6.3%
1Y
40.6%
5803
JP¥27,475.00
Fujikura
7D
6.9%
1Y
338.1%
9984
JP¥3,809.00
SoftBank Group
7D
1.6%
1Y
82.5%
7974
JP¥8,980.00
Nintendo
7D
-8.9%
1Y
-20.7%
7203
JP¥3,338.00
Toyota Motor
7D
-1.9%
1Y
15.6%
6857
JP¥23,425.00
Advantest
7D
-6.8%
1Y
201.1%
9983
JP¥62,400.00
Fast Retailing
7D
-5.2%
1Y
35.1%