Header cover image

Japanese (NIKKEI) Market Analysis & Valuation

UpdatedApr 25, 2025
DataAggregated Company Financials
Companies3972
  • 7D2.4%
  • 3M-4.9%
  • 1Y-2.4%
  • YTD-5.1%

Over the last 7 days, the market has risen 2.4%, driven by gains in the Industrials and Consumer Discretionary sectors of 2.5% and 2.8%, respectively. The market has been flat overall in the last year. Earnings are forecast to grow by 7.7% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 25 Apr 2025JP¥907.1tJP¥1021.1tJP¥64.2t12.7x14.1x0.9x
Sun, 23 Mar 2025JP¥972.6tJP¥1019.4tJP¥64.3t13.4x15.1x1x
Tue, 18 Feb 2025JP¥964.1tJP¥1021.3tJP¥64.7t13.2x14.9x0.9x
Thu, 16 Jan 2025JP¥937.8tJP¥1010.3tJP¥61.9t13.3x15.1x0.9x
Sat, 14 Dec 2024JP¥956.7tJP¥1009.5tJP¥61.8t13.5x15.5x0.9x
Mon, 11 Nov 2024JP¥956.3tJP¥1004.7tJP¥58.5t13.5x16.3x1x
Wed, 09 Oct 2024JP¥948.4tJP¥1000.1tJP¥60.1t13.6x15.8x0.9x
Fri, 06 Sep 2024JP¥924.5tJP¥999.6tJP¥60.1t13.4x15.4x0.9x
Sun, 04 Aug 2024JP¥895.8tJP¥992.3tJP¥58.8t13.1x15.2x0.9x
Tue, 02 Jul 2024JP¥989.2tJP¥985.9tJP¥58.3t14.5x17x1x
Thu, 30 May 2024JP¥964.1tJP¥988.0tJP¥58.6t13.9x16.5x1x
Sat, 27 Apr 2024JP¥952.9tJP¥974.9tJP¥57.2t14.4x16.7x1x
Mon, 25 Mar 2024JP¥1002.4tJP¥976.4tJP¥56.9t14.9x17.6x1x
Wed, 21 Feb 2024JP¥943.7tJP¥976.9tJP¥56.9t14.4x16.6x1x
Fri, 19 Jan 2024JP¥895.5tJP¥971.4tJP¥52.5t14.4x17.1x0.9x
Sun, 17 Dec 2023JP¥845.5tJP¥974.4tJP¥52.5t13.9x16.1x0.9x
Tue, 14 Nov 2023JP¥849.0tJP¥976.8tJP¥52.6t13.9x16.1x0.9x
Thu, 12 Oct 2023JP¥839.4tJP¥971.3tJP¥55.2t14x15.2x0.9x
Sat, 09 Sep 2023JP¥858.7tJP¥971.2tJP¥55.2t14.4x15.5x0.9x
Mon, 07 Aug 2023JP¥829.3tJP¥964.1tJP¥52.6t13.9x15.8x0.9x
Wed, 05 Jul 2023JP¥841.7tJP¥957.1tJP¥50.6t14.1x16.6x0.9x
Fri, 02 Jun 2023JP¥785.6tJP¥958.8tJP¥51.1t13.3x15.4x0.8x
Sun, 30 Apr 2023JP¥756.7tJP¥941.1tJP¥47.8t13.3x15.8x0.8x
Tue, 28 Mar 2023JP¥722.6tJP¥933.8tJP¥46.6t12.8x15.5x0.8x
Thu, 23 Feb 2023JP¥728.5tJP¥934.4tJP¥46.7t12.7x15.6x0.8x
Sat, 21 Jan 2023JP¥710.3tJP¥903.2tJP¥49.0t12.3x14.5x0.8x
Mon, 19 Dec 2022JP¥723.1tJP¥903.1tJP¥49.1t12.4x14.7x0.8x
Wed, 16 Nov 2022JP¥727.9tJP¥899.8tJP¥49.9t12.3x14.6x0.8x
Fri, 14 Oct 2022JP¥692.0tJP¥863.5tJP¥45.7t12.1x15.2x0.8x
Sun, 11 Sep 2022JP¥732.2tJP¥863.1tJP¥45.6t12.7x16.1x0.8x
Tue, 09 Aug 2022JP¥727.3tJP¥856.3tJP¥49.2t12.7x14.8x0.8x
Thu, 07 Jul 2022JP¥693.2tJP¥838.2tJP¥53.3t12.3x13x0.8x
Sat, 04 Jun 2022JP¥717.9tJP¥838.7tJP¥49.5t12.6x14.5x0.9x
Mon, 02 May 2022JP¥709.9tJP¥822.7tJP¥52.0t12.3x13.7x0.9x
Price to Earnings Ratio

13.7x


Total Market Cap: JP¥709.9tTotal Earnings: JP¥52.0tTotal Revenue: JP¥822.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 15.6x202320242025
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 15.6x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 7.3% per year over the last three years.
  • Revenues for these companies have grown 7.5% 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 Market2.41%
Healthcare5.17%
Utilities3.52%
Financials3.05%
Consumer Discretionary2.75%
Industrials2.53%
Tech2.20%
Materials1.82%
Consumer Staples1.46%
Energy1.12%
Telecom0.97%
Real Estate-0.37%
Sector PE
  • Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 29.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 10.6%, which is higher than its past year's earnings growth of 8.8% 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 13% over the next 5 years.
  • This is better than its past earnings growth rate of 9.9% per year.
  • 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
7203 Toyota MotorJP¥2.69k5.7%
+JP¥1.9t
-23.4%PE6.9xConsumer Discretionary
6501 HitachiJP¥3.73k9.7%
+JP¥1.5t
38.4%PE29.7xIndustrials
7974 NintendoJP¥11.39k9.8%
+JP¥1.2t
48.8%PE41.5xTelecom
8035 Tokyo ElectronJP¥21.18k8.5%
+JP¥760.4b
-38.1%PE18.4xTech
6861 KeyenceJP¥61.25k5.3%
+JP¥751.8b
-12.0%PE37.6xTech
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

The term ‘ Fiscal Dominance ’ has been popping up more in recent years, thanks to rising U.S. deficits. For the sake of your portfolio, this trend and its consequences are worth knowing about.

Latest News

9984

JP¥7,212.00

SoftBank Group

7D

5.9%

1Y

-7.3%

4519

JP¥8,203.00

Chugai Pharmaceutical

7D

-1.5%

1Y

69.1%

2802

JP¥2,852.00

Ajinomoto

7D

-4.4%

1Y

-1.2%

4568

JP¥3,531.00

Daiichi Sankyo Company

7D

9.9%

1Y

-29.5%

8035

JP¥21,175.00

Tokyo Electron

7D

8.5%

1Y

-38.1%

7974

JP¥11,385.00

Nintendo

7D

9.8%

1Y

48.8%

9432

JP¥147.50

Nippon Telegraph and Telephone

7D

-1.9%

1Y

-12.3%

6501

JP¥3,729.00

Hitachi

7D

9.7%

1Y

38.4%

7832

JP¥4,775.00

BANDAI NAMCO Holdings

7D

-5.6%

1Y

63.0%

4689

JP¥519.00

LY

7D

-6.3%

1Y

37.0%