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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedJul 30, 2026
DataAggregated Company Financials
Companies3883
  • 7D-2.1%
  • 3M5.9%
  • 1Y34.8%
  • YTD13.9%

Over the last 7 days, the market has dropped 2.1%, driven by a pullback of 15% in the Information Technology sector. In contrast, the Consumer Discretionary sector has actually gained 4.9%. In the last year, the market is actually up 35%. Earnings are forecast to grow by 9.8% annually.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Jul 2026JP¥1324.1tJP¥1052.6tJP¥69.5t14.2x19.1x1.3x
Sat, 27 Jun 2026JP¥1343.8tJP¥1054.8tJP¥70.9t13.7x19x1.3x
Mon, 25 May 2026JP¥1319.7tJP¥1057.7tJP¥71.5t13.8x18.5x1.2x
Wed, 22 Apr 2026JP¥1274.1tJP¥1038.2tJP¥65.6t14.7x19.4x1.2x
Fri, 20 Mar 2026JP¥1220.4tJP¥1039.5tJP¥65.6t14.5x18.6x1.2x
Sun, 15 Feb 2026JP¥1291.8tJP¥1040.3tJP¥65.6t15x19.7x1.2x
Tue, 13 Jan 2026JP¥1190.3tJP¥1027.3tJP¥64.4t14.7x18.5x1.2x
Thu, 11 Dec 2025JP¥1148.4tJP¥1030.1tJP¥64.2t14.1x17.9x1.1x
Sat, 08 Nov 2025JP¥1125.9tJP¥1029.7tJP¥62.1t14.2x18.1x1.1x
Mon, 06 Oct 2025JP¥1069.7tJP¥1023.8tJP¥59.7t14.5x17.9x1x
Wed, 03 Sep 2025JP¥1062.8tJP¥1026.4tJP¥59.8t14.6x17.8x1x
Fri, 01 Aug 2025JP¥1012.7tJP¥1021.0tJP¥61.8t14x16.4x1x
Sun, 29 Jun 2025JP¥980.6tJP¥1029.4tJP¥63.6t13.3x15.4x1x
Tue, 27 May 2025JP¥958.0tJP¥1032.3tJP¥63.7t12.9x15x0.9x
Thu, 24 Apr 2025JP¥905.8tJP¥1021.1tJP¥64.2t12.7x14.1x0.9x
Sat, 22 Mar 2025JP¥973.1tJP¥1019.8tJP¥64.3t13.5x15.1x1x
Mon, 17 Feb 2025JP¥962.4tJP¥1021.3tJP¥64.7t13.2x14.9x0.9x
Wed, 15 Jan 2025JP¥935.4tJP¥1000.8tJP¥61.5t13.4x15.2x0.9x
Fri, 13 Dec 2024JP¥965.0tJP¥1009.5tJP¥61.8t13.5x15.6x1x
Sun, 10 Nov 2024JP¥956.3tJP¥1004.8tJP¥58.5t13.5x16.3x1x
Tue, 08 Oct 2024JP¥961.9tJP¥1000.1tJP¥60.1t13.7x16x1x
Thu, 05 Sep 2024JP¥928.9tJP¥999.6tJP¥60.0t13.4x15.5x0.9x
Sat, 03 Aug 2024JP¥895.9tJP¥989.4tJP¥58.5t13.2x15.3x0.9x
Mon, 01 Jul 2024JP¥985.4tJP¥986.0tJP¥58.3t14.6x16.9x1x
Wed, 29 May 2024JP¥973.5tJP¥988.0tJP¥58.6t14.1x16.6x1x
Fri, 26 Apr 2024JP¥945.4tJP¥975.0tJP¥57.0t14.3x16.6x1x
Sun, 24 Mar 2024JP¥1002.4tJP¥976.4tJP¥56.9t14.9x17.6x1x
Tue, 20 Feb 2024JP¥943.5tJP¥976.9tJP¥56.9t14.4x16.6x1x
Thu, 18 Jan 2024JP¥896.9tJP¥971.3tJP¥52.5t14.4x17.1x0.9x
Sat, 16 Dec 2023JP¥845.6tJP¥974.3tJP¥52.5t13.9x16.1x0.9x
Mon, 13 Nov 2023JP¥848.8tJP¥976.8tJP¥52.6t13.9x16.1x0.9x
Wed, 11 Oct 2023JP¥841.1tJP¥971.2tJP¥55.2t14.1x15.2x0.9x
Fri, 08 Sep 2023JP¥867.3tJP¥971.1tJP¥55.2t14.4x15.7x0.9x
Sun, 06 Aug 2023JP¥829.3tJP¥963.8tJP¥52.5t14x15.8x0.9x
Price to Earnings Ratio

15.8x


Total Market Cap: JP¥829.3tTotal Earnings: JP¥52.5tTotal Revenue: JP¥963.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 16.7x202420252026
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 19.1x which is higher than its 3-year average PE of 16.7x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 9.8% per year over the last three years.
  • Revenues for these companies have grown 3.0% 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-2.05%
Consumer Staples5.34%
Consumer Discretionary4.88%
Real Estate2.38%
Healthcare2.33%
Utilities1.98%
Telecom0.30%
Energy0.086%
Financials-0.61%
Industrials-0.87%
Materials-6.23%
Tech-15.19%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 26.9x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 17.6%, which is higher than its past year's earnings growth of 15.5% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 11.0x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 18% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Telecom sector is expected to see its earnings decline by 7.7% 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
6758 Sony GroupJP¥3.81k10.6%
+JP¥2.1t		3.4%PE21.7xConsumer Discretionary
7203 Toyota MotorJP¥3.13k6.0%
+JP¥2.1t		15.9%PE9.6xConsumer Discretionary
6501 HitachiJP¥5.26k8.3%
+JP¥1.8t		11.9%PE29.5xIndustrials
6861 KeyenceJP¥78.97k9.3%
+JP¥1.6t		43.1%PE38.9xTech
7974 NintendoJP¥8.15k16.3%
+JP¥1.3t		-35.8%PE22.1xTelecom
See more

Market Insights

Header cover image
Healthcare just hit its lowest market weight since 1994. But dig deeper into the sector, and the collapse starts to look like a costume in some ways.
Continue reading
A brand’s strength doesn’t always last

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