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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedAug 26, 2026
DataAggregated Company Financials
Companies3869
  • 7D-1.1%
  • 3M3.5%
  • 1Y32.3%
  • YTD17.6%

Over the last 7 days, the market has dropped 2.7%, driven by a pullback of 8.3% in the Information Technology sector. In the last year, the market is actually up 30%. Earnings are forecast to grow by 8.9% annually.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 26 Aug 2026JP¥1363.2tJP¥1081.6tJP¥78.8t14x17.3x1.3x
Fri, 24 Jul 2026JP¥1356.4tJP¥1052.0tJP¥69.3t14x19.6x1.3x
Sun, 21 Jun 2026JP¥1379.1tJP¥1054.7tJP¥71.3t13.7x19.4x1.3x
Tue, 19 May 2026JP¥1294.8tJP¥1056.6tJP¥71.2t14x18.2x1.2x
Thu, 16 Apr 2026JP¥1272.7tJP¥1038.3tJP¥65.6t14.8x19.4x1.2x
Sat, 14 Mar 2026JP¥1229.8tJP¥1040.3tJP¥65.7t14.7x18.7x1.2x
Mon, 09 Feb 2026JP¥1250.7tJP¥1036.3tJP¥64.7t15x19.3x1.2x
Wed, 07 Jan 2026JP¥1196.2tJP¥1029.1tJP¥64.3t14.6x18.6x1.2x
Fri, 05 Dec 2025JP¥1149.9tJP¥1030.2tJP¥64.5t14.1x17.8x1.1x
Sun, 02 Nov 2025JP¥1137.4tJP¥1028.4tJP¥61.3t14.4x18.6x1.1x
Tue, 30 Sep 2025JP¥1077.8tJP¥1028.6tJP¥59.9t14.7x18x1x
Thu, 28 Aug 2025JP¥1055.6tJP¥1026.5tJP¥59.8t14.4x17.6x1x
Sat, 26 Jul 2025JP¥1014.8tJP¥1020.9tJP¥61.9t13.8x16.4x1x
Mon, 23 Jun 2025JP¥958.7tJP¥1029.2tJP¥63.5t13.2x15.1x0.9x
Wed, 21 May 2025JP¥954.5tJP¥1031.0tJP¥63.7t12.9x15x0.9x
Fri, 18 Apr 2025JP¥886.4tJP¥1021.5tJP¥64.2t12.4x13.8x0.9x
Sun, 16 Mar 2025JP¥945.4tJP¥1020.1tJP¥64.4t13.2x14.7x0.9x
Tue, 11 Feb 2025JP¥954.0tJP¥1017.3tJP¥64.9t13.4x14.7x0.9x
Thu, 09 Jan 2025JP¥964.5tJP¥1011.2tJP¥62.0t13.6x15.6x1x
Sat, 07 Dec 2024JP¥950.4tJP¥1009.2tJP¥61.7t13.4x15.4x0.9x
Mon, 04 Nov 2024JP¥925.9tJP¥1001.9tJP¥59.3t13.2x15.6x0.9x
Wed, 02 Oct 2024JP¥947.1tJP¥1000.0tJP¥60.1t13.5x15.8x0.9x
Fri, 30 Aug 2024JP¥949.1tJP¥999.6tJP¥60.0t13.5x15.8x0.9x
Sun, 28 Jul 2024JP¥949.9tJP¥987.0tJP¥58.5t14.1x16.2x1x
Tue, 25 Jun 2024JP¥966.8tJP¥989.0tJP¥58.6t14.3x16.5x1x
Thu, 23 May 2024JP¥965.3tJP¥988.8tJP¥58.5t14x16.5x1x
Sat, 20 Apr 2024JP¥950.0tJP¥975.0tJP¥57.0t14.4x16.7x1x
Mon, 18 Mar 2024JP¥953.0tJP¥975.9tJP¥56.9t14.5x16.7x1x
Wed, 14 Feb 2024JP¥934.7tJP¥974.2tJP¥56.6t14.5x16.5x1x
Fri, 12 Jan 2024JP¥881.9tJP¥971.1tJP¥52.4t14.5x16.8x0.9x
Sun, 10 Dec 2023JP¥842.6tJP¥974.3tJP¥52.5t13.9x16x0.9x
Tue, 07 Nov 2023JP¥856.8tJP¥972.9tJP¥56.8t14x15.1x0.9x
Thu, 05 Oct 2023JP¥842.2tJP¥971.2tJP¥55.2t13.6x15.3x0.9x
Sat, 02 Sep 2023JP¥855.9tJP¥971.1tJP¥55.2t14.3x15.5x0.9x
Price to Earnings Ratio

15.5x


Total Market Cap: JP¥855.9tTotal Earnings: JP¥55.2tTotal Revenue: JP¥971.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 16.8x202420252026
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 16.8x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 13% per year over the last three years.
  • Revenues for these companies have grown 3.7% 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-1.15%
Utilities2.91%
Consumer Staples2.01%
Real Estate1.95%
Healthcare1.02%
Consumer Discretionary0.099%
Energy-0.30%
Industrials-1.07%
Materials-1.90%
Telecom-1.95%
Financials-2.06%
Tech-3.34%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 27.0x.
    • Analysts expect its future annual earnings growth (17.7%) to be largely in line with prior year's earnings growth.
    • The market's confidence could indicate that the market believes that analysts are underestimating future growth.
  • The Energy sector is the least preferred by investors for future growth, which is trading below 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 Energy sector is expected to see its earnings decline by 14% 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
8001 ITOCHUJP¥2.12k5.9%
+JP¥821.7b		29.1%PE16.3xIndustrials
6098 Recruit HoldingsJP¥16.61k3.7%
+JP¥814.4b		87.6%PE40xIndustrials
9432 NTTJP¥169.205.5%
+JP¥716.5b		8.1%PE13.1xTelecom
7203 Toyota MotorJP¥3.08k2.0%
+JP¥710.5b		6.3%PE8.1xConsumer Discretionary
6758 Sony GroupJP¥3.83k3.1%
+JP¥669.5b		-6.4%PE20.2xConsumer Discretionary
See more

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6098
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2.3%
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8001
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8316
JP¥6,633.00
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-3.9%
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9432
JP¥169.20
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5.5%
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8.1%