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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedJul 03, 2025
DataAggregated Company Financials
Companies3958
  • 7D0.7%
  • 3M13.6%
  • 1Y-1.8%
  • YTD3.0%

The Utilities sector gained 5.2% while the market remained flat over the last week. As for the longer term, the market has also been flat over the past year. Earnings are forecast to grow by 7.4% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 04 Jul 2025JP¥974.3tJP¥1026.9tJP¥62.8t13.3x15.5x0.9x
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
Mon, 27 Feb 2023JP¥727.6tJP¥934.5tJP¥46.7t12.7x15.6x0.8x
Wed, 25 Jan 2023JP¥727.1tJP¥903.2tJP¥49.0t12.5x14.8x0.8x
Fri, 23 Dec 2022JP¥707.2tJP¥903.1tJP¥49.1t12.2x14.4x0.8x
Sun, 20 Nov 2022JP¥729.6tJP¥900.7tJP¥49.4t12.5x14.8x0.8x
Tue, 18 Oct 2022JP¥707.7tJP¥863.6tJP¥45.7t12.2x15.5x0.8x
Thu, 15 Sep 2022JP¥725.5tJP¥857.5tJP¥45.7t12.6x15.9x0.8x
Sat, 13 Aug 2022JP¥734.9tJP¥861.8tJP¥45.4t12.8x16.2x0.9x
Mon, 11 Jul 2022JP¥703.8tJP¥835.4tJP¥48.1t12.4x14.6x0.8x
Price to Earnings Ratio

14.6x


Total Market Cap: JP¥703.8tTotal Earnings: JP¥48.1tTotal Revenue: JP¥835.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 15.7x202320242025
Current Market PE
  • Investors are relatively neutral on the Japanese market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 15.7x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 9.3% per year over the last three years.
  • Revenues for these companies have grown 7.1% 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 Market0.69%
Utilities5.15%
Materials3.15%
Energy2.64%
Industrials1.03%
Consumer Discretionary0.83%
Telecom0.80%
Financials0.79%
Consumer Staples0.69%
Real Estate0.094%
Tech-0.14%
Healthcare-2.27%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 22.6x.
    • Analysts are expecting annual earnings growth of 11.8%, which is lower than the prior year's growth of 13.4% per year.
  • The Utilities sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 12% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the 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 Price7D1YValuationSector
9984 SoftBank GroupJP¥10.70k6.2%
+JP¥884.9b
-4.7%PE13.2xTelecom
6367 Daikin IndustriesLtdJP¥17.91k9.5%
+JP¥456.8b
-22.0%PE19.8xIndustrials
4063 Shin-Etsu ChemicalJP¥4.87k2.9%
+JP¥254.7b
-24.4%PE17.1xMaterials
8306 Mitsubishi UFJ Financial GroupJP¥2.02k1.6%
+JP¥244.0b
11.0%PB1.1xFinancials
9432 NTTJP¥153.901.9%
+JP¥239.9b
-1.3%PE12.7xTelecom
See more

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