Header cover image

Japanese (NIKKEI) Market Analysis & Valuation

UpdatedMay 17, 2026
DataAggregated Company Financials
Companies3907
  • 7D0.6%
  • 3M1.6%
  • 1Y40.0%
  • YTD11.3%

Over the last 7 days, the market has remained flat, although notably the Financials sector gained 4.3% in that time. As for the longer term, the market has risen 40% in the past 12 months. As for the next few years, earnings are expected to grow by 7.6% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 17 May 2026JP¥1304.7tJP¥1054.1tJP¥70.4t14.3x18.5x1.2x
Tue, 14 Apr 2026JP¥1256.0tJP¥1037.9tJP¥65.6t14.6x19.1x1.2x
Thu, 12 Mar 2026JP¥1253.6tJP¥1040.3tJP¥65.7t14.9x19.1x1.2x
Sat, 07 Feb 2026JP¥1249.9tJP¥1034.7tJP¥65.7t15x19x1.2x
Mon, 05 Jan 2026JP¥1156.6tJP¥1029.2tJP¥64.3t14.5x18x1.1x
Wed, 03 Dec 2025JP¥1131.7tJP¥1029.9tJP¥64.5t14x17.5x1.1x
Fri, 31 Oct 2025JP¥1127.1tJP¥1026.2tJP¥60.1t14.4x18.8x1.1x
Sun, 28 Sep 2025JP¥1095.4tJP¥1026.1tJP¥59.8t14.9x18.3x1.1x
Tue, 26 Aug 2025JP¥1070.7tJP¥1026.5tJP¥59.8t14.6x17.9x1x
Thu, 24 Jul 2025JP¥1006.7tJP¥1021.0tJP¥61.9t13.7x16.3x1x
Sat, 21 Jun 2025JP¥958.9tJP¥1029.0tJP¥63.5t13.2x15.1x0.9x
Mon, 19 May 2025JP¥955.9tJP¥1030.2tJP¥63.7t13x15x0.9x
Wed, 16 Apr 2025JP¥880.4tJP¥1021.7tJP¥64.3t12.4x13.7x0.9x
Fri, 14 Mar 2025JP¥939.6tJP¥1019.9tJP¥64.3t13.1x14.6x0.9x
Sun, 09 Feb 2025JP¥955.3tJP¥1017.3tJP¥64.9t13.3x14.7x0.9x
Tue, 07 Jan 2025JP¥960.7tJP¥1011.1tJP¥61.9t13.6x15.5x1x
Thu, 05 Dec 2024JP¥954.8tJP¥1008.5tJP¥61.8t13.4x15.4x0.9x
Sat, 02 Nov 2024JP¥929.3tJP¥1001.8tJP¥59.6t13.2x15.6x0.9x
Mon, 30 Sep 2024JP¥964.8tJP¥1000.1tJP¥60.1t13.7x16.1x1x
Wed, 28 Aug 2024JP¥947.5tJP¥999.5tJP¥60.0t13.5x15.8x0.9x
Fri, 26 Jul 2024JP¥953.3tJP¥987.7tJP¥58.6t14.2x16.3x1x
Sun, 23 Jun 2024JP¥961.2tJP¥989.0tJP¥58.6t14.2x16.4x1x
Tue, 21 May 2024JP¥976.7tJP¥989.1tJP¥58.5t14.1x16.7x1x
Thu, 18 Apr 2024JP¥956.7tJP¥974.9tJP¥56.9t14.3x16.8x1x
Sat, 16 Mar 2024JP¥952.9tJP¥975.8tJP¥56.9t14.5x16.8x1x
Mon, 12 Feb 2024JP¥916.4tJP¥974.1tJP¥56.6t14.4x16.2x0.9x
Wed, 10 Jan 2024JP¥870.5tJP¥971.1tJP¥52.4t14.4x16.6x0.9x
Fri, 08 Dec 2023JP¥854.9tJP¥974.3tJP¥52.6t14.1x16.3x0.9x
Sun, 05 Nov 2023JP¥842.9tJP¥973.3tJP¥56.8t13.8x14.8x0.9x
Tue, 03 Oct 2023JP¥842.9tJP¥971.5tJP¥55.3t14.2x15.2x0.9x
Thu, 31 Aug 2023JP¥843.7tJP¥971.1tJP¥55.2t14.1x15.3x0.9x
Sat, 29 Jul 2023JP¥836.5tJP¥959.2tJP¥50.7t14.1x16.5x0.9x
Mon, 26 Jun 2023JP¥827.0tJP¥957.2tJP¥51.1t13.9x16.2x0.9x
Wed, 24 May 2023JP¥791.5tJP¥958.9tJP¥51.0t13.5x15.5x0.8x
Price to Earnings Ratio

15.5x


Total Market Cap: JP¥791.5tTotal Earnings: JP¥51.0tTotal Revenue: JP¥958.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 16.5x202420252026
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 18.5x which is higher than its 3-year average PE of 16.5x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 11% per year over the last three years.
  • Revenues for these companies have grown 3.2% 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 Market0.56%
Financials4.31%
Energy3.88%
Consumer Discretionary2.98%
Consumer Staples1.27%
Healthcare0.74%
Industrials0.61%
Utilities0.31%
Materials-0.37%
Telecom-2.00%
Tech-3.05%
Real Estate-3.67%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 25.7x.
    • Analysts are expecting annual earnings growth of 10.0%, which is lower than the prior year's growth of 14.0% per year.
  • The Telecom sector is the least preferred by investors for future growth, which is trading below its 3-year average of 20.8x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings growth rate of 8.3% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 10% 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¥3.58k14.8%
+JP¥2.7t
-0.7%PE20.5xConsumer Discretionary
7203 Toyota MotorJP¥3.09k5.9%
+JP¥2.2t
16.7%PE10.4xConsumer Discretionary
8058 MitsubishiJP¥5.85k11.4%
+JP¥2.2t
103.1%PE26.8xIndustrials
8031 MitsuiJP¥6.11k9.8%
+JP¥1.5t
107.6%PE20.8xIndustrials
8306 Mitsubishi UFJ Financial GroupJP¥2.93k4.4%
+JP¥1.4t
50.4%PB1.5xFinancials
See more

Latest News