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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedJan 02, 2025
DataAggregated Company Financials
Companies3989
  • 7D1.8%
  • 3M3.4%
  • 1Y15.6%
  • YTDn/a

The market has climbed by 1.8% over the past week, with every sector up and the Consumer Discretionary sector leading the way. In the last year, the market has climbed 16%. Looking forward, earnings are forecast to grow by 7.8% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Jan 2025JP¥971.4tJP¥1010.9tJP¥61.7t13.7x15.7x1x
Sat, 30 Nov 2024JP¥936.2tJP¥1008.6tJP¥61.8t13.4x15.1x0.9x
Mon, 28 Oct 2024JP¥919.6tJP¥1001.7tJP¥60.1t13x15.3x0.9x
Wed, 25 Sep 2024JP¥936.4tJP¥1000.0tJP¥60.1t13.4x15.6x0.9x
Fri, 23 Aug 2024JP¥941.8tJP¥999.4tJP¥59.9t13.3x15.7x0.9x
Sun, 21 Jul 2024JP¥1003.2tJP¥987.6tJP¥58.6t14.5x17.1x1x
Tue, 18 Jun 2024JP¥951.8tJP¥989.0tJP¥58.6t14x16.2x1x
Thu, 16 May 2024JP¥965.0tJP¥980.6tJP¥57.7t14.3x16.7x1x
Sat, 13 Apr 2024JP¥979.0tJP¥974.7tJP¥56.9t14.8x17.2x1x
Mon, 11 Mar 2024JP¥972.0tJP¥975.9tJP¥56.9t14.6x17.1x1x
Wed, 07 Feb 2024JP¥909.9tJP¥968.6tJP¥53.2t14.7x17.1x0.9x
Fri, 05 Jan 2024JP¥859.2tJP¥971.1tJP¥52.4t14.3x16.4x0.9x
Sun, 03 Dec 2023JP¥863.7tJP¥977.5tJP¥53.1t14.2x16.3x0.9x
Tue, 31 Oct 2023JP¥812.7tJP¥971.6tJP¥55.4t13.5x14.7x0.8x
Thu, 28 Sep 2023JP¥865.4tJP¥971.5tJP¥55.3t14.5x15.7x0.9x
Sat, 26 Aug 2023JP¥827.6tJP¥971.1tJP¥55.2t13.9x15x0.9x
Mon, 24 Jul 2023JP¥826.5tJP¥957.9tJP¥50.6t14x16.3x0.9x
Wed, 21 Jun 2023JP¥834.7tJP¥959.3tJP¥51.1t14x16.3x0.9x
Fri, 19 May 2023JP¥789.5tJP¥959.4tJP¥51.0t13.5x15.5x0.8x
Sun, 16 Apr 2023JP¥742.8tJP¥935.1tJP¥46.6t13x15.9x0.8x
Tue, 14 Mar 2023JP¥736.2tJP¥933.6tJP¥46.7t12.8x15.8x0.8x
Thu, 09 Feb 2023JP¥730.1tJP¥917.1tJP¥47.8t12.6x15.3x0.8x
Sat, 07 Jan 2023JP¥694.1tJP¥902.1tJP¥49.1t12x14.1x0.8x
Mon, 05 Dec 2022JP¥724.8tJP¥902.7tJP¥49.1t12.5x14.8x0.8x
Wed, 02 Nov 2022JP¥722.3tJP¥871.6tJP¥45.7t12.4x15.8x0.8x
Fri, 30 Sep 2022JP¥698.4tJP¥863.4tJP¥45.6t12.3x15.3x0.8x
Sun, 28 Aug 2022JP¥738.1tJP¥864.2tJP¥45.6t12.9x16.2x0.9x
Tue, 26 Jul 2022JP¥724.7tJP¥837.2tJP¥48.2t12.8x15x0.9x
Thu, 23 Jun 2022JP¥689.5tJP¥839.2tJP¥49.5t12.2x13.9x0.8x
Sat, 21 May 2022JP¥698.6tJP¥836.7tJP¥49.5t12.2x14.1x0.8x
Mon, 18 Apr 2022JP¥710.3tJP¥819.0tJP¥51.1t12.3x13.9x0.9x
Wed, 16 Mar 2022JP¥684.1tJP¥821.6tJP¥51.1t12x13.4x0.8x
Fri, 11 Feb 2022JP¥734.5tJP¥818.8tJP¥50.0t12.6x14.7x0.9x
Sun, 09 Jan 2022JP¥749.5tJP¥802.5tJP¥48.4t13x15.5x0.9x
Price to Earnings Ratio

15.5x


Total Market Cap: JP¥749.5tTotal Earnings: JP¥48.4tTotal Revenue: JP¥802.5tTotal 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 8.4% per year over the last three years.
  • Revenues for these companies have grown 8.0% 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 Market1.84%
Consumer Discretionary2.91%
Utilities2.40%
Industrials2.00%
Materials1.95%
Financials1.55%
Tech1.55%
Telecom1.49%
Consumer Staples1.25%
Real Estate1.10%
Healthcare0.80%
Energy0.73%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading close to its 3-year average PE ratio of 29.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 11.5%, which is higher than its past year's earnings growth of 7.8% 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 7.4% per year.
  • In contrast, the Telecom 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¥3.15k6.1%
+JP¥2.4t
21.4%PE9.7xConsumer Discretionary
8306 Mitsubishi UFJ Financial GroupJP¥1.85k2.6%
+JP¥535.6b
52.4%PB1xFinancials
7267 Honda MotorJP¥1.54k6.3%
+JP¥419.8b
4.7%PE7.2xConsumer Discretionary
6758 Sony GroupJP¥3.37k1.9%
+JP¥385.1b
25.6%PE18.1xConsumer Discretionary
9984 SoftBank GroupJP¥9.19k3.0%
+JP¥380.7b
46.0%PE6.1xTelecom
See more
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7203

JP¥3,146.00

Toyota Motor

7D

6.1%

1Y

21.4%

4676

JP¥1,731.50

Fuji Media Holdings

7D

-6.9%

1Y

10.4%

7267

JP¥1,535.00

Honda Motor

7D

6.3%

1Y

4.7%

4612

JP¥1,023.50

Nippon Paint Holdings

7D

-1.0%

1Y

-10.2%

2914

JP¥4,080.00

Japan Tobacco

7D

-1.0%

1Y

11.9%

7751

JP¥5,161.00

Canon

7D

-1.0%

1Y

42.6%

6361

JP¥2,460.50

Ebara

7D

-2.2%

1Y

47.4%

9432

JP¥158.00

Nippon Telegraph and Telephone

7D

2.5%

1Y

-8.3%