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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedSep 26, 2024
DataAggregated Company Financials
Companies3980
  • 7D3.0%
  • 3M-4.5%
  • 1Y10.1%
  • YTD10.1%

The market is up 3.6% in the last 7 days, led by the Industrials and all sectors gaining ground. In the last year, the market has climbed 11%. As for the next few years, earnings are expected to grow by 8.6% 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
Thu, 26 Sep 2024JP¥934.2tJP¥1000.0tJP¥60.1t13.4x15.5x0.9x
Sat, 24 Aug 2024JP¥946.4tJP¥999.4tJP¥59.9t13.4x15.8x0.9x
Mon, 22 Jul 2024JP¥1003.2tJP¥987.7tJP¥58.6t14.6x17.1x1x
Wed, 19 Jun 2024JP¥957.5tJP¥989.0tJP¥58.6t14.1x16.3x1x
Fri, 17 May 2024JP¥967.1tJP¥982.2tJP¥58.2t14.1x16.6x1x
Sun, 14 Apr 2024JP¥979.0tJP¥974.7tJP¥56.9t14.8x17.2x1x
Tue, 12 Mar 2024JP¥951.7tJP¥975.9tJP¥56.9t14.4x16.7x1x
Thu, 08 Feb 2024JP¥912.9tJP¥970.5tJP¥54.2t14.7x16.8x0.9x
Sat, 06 Jan 2024JP¥863.1tJP¥971.1tJP¥52.4t14.3x16.5x0.9x
Mon, 04 Dec 2023JP¥863.8tJP¥977.5tJP¥53.1t14.2x16.3x0.9x
Wed, 01 Nov 2023JP¥821.2tJP¥971.7tJP¥55.4t13.7x14.8x0.8x
Fri, 29 Sep 2023JP¥853.7tJP¥971.5tJP¥55.3t14.4x15.4x0.9x
Sun, 27 Aug 2023JP¥827.5tJP¥971.1tJP¥55.2t13.9x15x0.9x
Tue, 25 Jul 2023JP¥833.5tJP¥957.9tJP¥50.6t14.1x16.5x0.9x
Thu, 22 Jun 2023JP¥838.6tJP¥959.3tJP¥51.1t14x16.4x0.9x
Sat, 20 May 2023JP¥791.4tJP¥959.6tJP¥50.9t13.5x15.5x0.8x
Mon, 17 Apr 2023JP¥742.9tJP¥935.1tJP¥46.6t13x15.9x0.8x
Wed, 15 Mar 2023JP¥717.8tJP¥933.6tJP¥46.7t12.6x15.4x0.8x
Fri, 10 Feb 2023JP¥731.2tJP¥918.6tJP¥47.6t12.7x15.3x0.8x
Sun, 08 Jan 2023JP¥694.0tJP¥902.1tJP¥49.1t12x14.1x0.8x
Tue, 06 Dec 2022JP¥722.7tJP¥902.7tJP¥49.1t12.4x14.7x0.8x
Thu, 03 Nov 2022JP¥721.4tJP¥877.2tJP¥45.8t12.4x15.7x0.8x
Sat, 01 Oct 2022JP¥686.3tJP¥863.3tJP¥45.6t12.2x15x0.8x
Mon, 29 Aug 2022JP¥738.1tJP¥864.2tJP¥45.6t12.8x16.2x0.9x
Wed, 27 Jul 2022JP¥724.7tJP¥837.2tJP¥48.2t12.8x15x0.9x
Fri, 24 Jun 2022JP¥690.0tJP¥839.2tJP¥49.5t12.2x13.9x0.8x
Sun, 22 May 2022JP¥698.4tJP¥836.8tJP¥49.5t12.2x14.1x0.8x
Tue, 19 Apr 2022JP¥704.4tJP¥819.0tJP¥51.1t12.3x13.8x0.9x
Thu, 17 Mar 2022JP¥693.7tJP¥821.6tJP¥51.1t12.1x13.6x0.8x
Sat, 12 Feb 2022JP¥734.4tJP¥818.8tJP¥50.0t12.6x14.7x0.9x
Mon, 10 Jan 2022JP¥749.5tJP¥802.5tJP¥48.4t13x15.5x0.9x
Wed, 08 Dec 2021JP¥735.3tJP¥799.9tJP¥48.4t13x15.2x0.9x
Fri, 05 Nov 2021JP¥779.4tJP¥794.2tJP¥46.4t14.3x16.8x1x
Sun, 03 Oct 2021JP¥754.6tJP¥786.4tJP¥44.6t14.4x16.9x1x
Price to Earnings Ratio

16.9x


Total Market Cap: JP¥754.6tTotal Earnings: JP¥44.6tTotal Revenue: JP¥786.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 17.3x202220232024
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 17.3x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 10% per year over the last three years.
  • Revenues for these companies have grown 8.3% 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 Market3.02%
Materials5.07%
Industrials5.03%
Consumer Discretionary3.94%
Energy3.78%
Tech2.91%
Financials1.62%
Real Estate1.35%
Utilities1.26%
Telecom1.03%
Consumer Staples0.96%
Healthcare0.74%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 28.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 13.6%, which is higher than its past year's earnings growth of 8.0% 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 Healthcare sector, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings growth rate of 8.0% per year.
  • In contrast, the Energy sector is expected to see its earnings decline by 3.3% 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
7203 Toyota MotorJP¥2.64k6.4%
+JP¥2.1t		-3.8%PE7.2xConsumer Discretionary
6501 HitachiJP¥3.79k9.5%
+JP¥1.5t		92.7%PE25.1xIndustrials
6758 Sony GroupJP¥13.78k7.5%
+JP¥1.2t		11.0%PE16.9xConsumer Discretionary
8031 MitsuiJP¥3.17k12.2%
+JP¥1.0t		12.7%PE8.6xIndustrials
7011 Mitsubishi Heavy IndustriesJP¥2.02k12.9%
+JP¥776.6b		139.2%PE29.4xIndustrials
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6098

JP¥9,170.00

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1Y

94.2%

4151

JP¥2,693.50

Kyowa Kirin

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0.7%

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30.0%

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JP¥3,163.00

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114.4%

4568

JP¥4,709.00

Daiichi Sankyo Company

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13.6%

4901

JP¥3,720.00

FUJIFILM Holdings

7D

-2.0%

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26.6%

8058

JP¥2,987.50

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7D

6.6%

1Y

21.8%

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8308

JP¥951.30

Resona Holdings

7D

-5.0%

1Y

11.4%

7011

JP¥2,020.00

Mitsubishi Heavy Industries

7D

12.9%

1Y

139.2%

6501

JP¥3,787.00

Hitachi

7D

9.5%

1Y

92.7%

8031

JP¥3,172.00

Mitsui

7D

12.2%

1Y

12.7%

4661

JP¥3,782.00

Oriental Land

7D

-1.2%

1Y

-24.7%

6758

JP¥13,775.00

Sony Group

7D

7.5%

1Y

11.0%

9434

JP¥1,942.00

SoftBank

7D

-1.1%

1Y

9.3%

7203

JP¥2,643.50

Toyota Motor

7D

6.4%

1Y

-3.8%

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Sep 13
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9983

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Fast Retailing

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5.1%

1Y

42.1%

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