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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedJul 11, 2026
DataAggregated Company Financials
Companies3887
  • 7D-0.9%
  • 3M8.8%
  • 1Y42.9%
  • YTD17.0%

In the last week, the market has been flat, with a notable exception in the Information Technology sector dropping 3.9%. As for the longer term, the market has risen 43% in the past 12 months. As for the next few years, earnings are expected to grow by 10% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 11 Jul 2026JP¥1359.9tJP¥1052.9tJP¥69.2t14.1x19.6x1.3x
Mon, 08 Jun 2026JP¥1336.5tJP¥1054.9tJP¥71.2t13.7x18.8x1.3x
Wed, 06 May 2026JP¥1261.7tJP¥1041.6tJP¥66.2t14.3x19.1x1.2x
Fri, 03 Apr 2026JP¥1215.6tJP¥1038.4tJP¥65.6t14.4x18.5x1.2x
Sun, 01 Mar 2026JP¥1332.0tJP¥1040.7tJP¥65.7t15.6x20.3x1.3x
Tue, 27 Jan 2026JP¥1203.6tJP¥1026.8tJP¥64.4t14.9x18.7x1.2x
Thu, 25 Dec 2025JP¥1155.5tJP¥1029.1tJP¥64.3t14.4x18x1.1x
Sat, 22 Nov 2025JP¥1121.2tJP¥1031.5tJP¥64.5t13.9x17.4x1.1x
Mon, 20 Oct 2025JP¥1083.6tJP¥1025.7tJP¥59.8t14.3x18.1x1.1x
Wed, 17 Sep 2025JP¥1091.6tJP¥1026.5tJP¥59.8t14.9x18.2x1.1x
Fri, 15 Aug 2025JP¥1049.6tJP¥1022.7tJP¥58.6t14.3x17.9x1x
Sun, 13 Jul 2025JP¥973.6tJP¥1022.2tJP¥62.1t13.5x15.7x1x
Tue, 10 Jun 2025JP¥968.8tJP¥1035.0tJP¥63.7t13.2x15.2x0.9x
Thu, 08 May 2025JP¥941.4tJP¥1024.1tJP¥64.6t13.1x14.6x0.9x
Sat, 05 Apr 2025JP¥867.8tJP¥1020.9tJP¥64.1t12.2x13.5x0.9x
Mon, 03 Mar 2025JP¥935.5tJP¥1020.2tJP¥64.4t13x14.5x0.9x
Wed, 29 Jan 2025JP¥959.6tJP¥1009.9tJP¥61.9t13.7x15.5x1x
Fri, 27 Dec 2024JP¥954.0tJP¥1011.0tJP¥61.7t13.5x15.4x0.9x
Sun, 24 Nov 2024JP¥940.8tJP¥1007.3tJP¥61.7t13.6x15.2x0.9x
Tue, 22 Oct 2024JP¥940.5tJP¥1001.0tJP¥60.1t13.4x15.7x0.9x
Thu, 19 Sep 2024JP¥906.9tJP¥987.2tJP¥59.7t13.4x15.2x0.9x
Sat, 17 Aug 2024JP¥942.3tJP¥998.0tJP¥59.9t13.3x15.7x0.9x
Mon, 15 Jul 2024JP¥1015.3tJP¥987.1tJP¥58.6t14.6x17.3x1x
Wed, 12 Jun 2024JP¥976.4tJP¥988.9tJP¥58.6t14.2x16.7x1x
Fri, 10 May 2024JP¥961.0tJP¥976.3tJP¥56.9t14.5x16.9x1x
Sun, 07 Apr 2024JP¥962.0tJP¥975.8tJP¥56.9t14.5x16.9x1x
Tue, 05 Mar 2024JP¥966.2tJP¥975.8tJP¥56.9t14.4x17x1x
Thu, 01 Feb 2024JP¥915.1tJP¥971.4tJP¥52.4t14.8x17.5x0.9x
Sat, 30 Dec 2023JP¥855.2tJP¥971.2tJP¥52.5t14.1x16.3x0.9x
Mon, 27 Nov 2023JP¥867.4tJP¥977.6tJP¥53.1t14.1x16.3x0.9x
Wed, 25 Oct 2023JP¥815.9tJP¥972.0tJP¥55.3t13.7x14.8x0.8x
Fri, 22 Sep 2023JP¥865.9tJP¥971.4tJP¥55.2t14.3x15.7x0.9x
Sun, 20 Aug 2023JP¥815.4tJP¥970.5tJP¥55.1t13.7x14.8x0.8x
Tue, 18 Jul 2023JP¥818.6tJP¥957.5tJP¥50.6t13.7x16.2x0.9x
Price to Earnings Ratio

16.2x


Total Market Cap: JP¥818.6tTotal Earnings: JP¥50.6tTotal Revenue: JP¥957.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 16.6x202420252026
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 19.6x which is higher than its 3-year average PE of 16.6x.
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 Market-0.89%
Energy2.75%
Financials2.00%
Telecom1.92%
Utilities0.13%
Real Estate-0.56%
Consumer Discretionary-0.69%
Consumer Staples-0.75%
Industrials-1.21%
Healthcare-1.39%
Materials-1.82%
Tech-3.91%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 26.6x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 19.7%, which is higher than its past year's earnings growth of 14.9% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 10.9x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 12% 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
8306 Mitsubishi UFJ Financial GroupJP¥3.46k4.1%
+JP¥1.5t
72.4%PB2xFinancials
9984 SoftBank GroupJP¥6.37k3.3%
+JP¥1.1t
140.6%PE7.3xTelecom
4063 Shin-Etsu ChemicalJP¥7.32k5.2%
+JP¥673.2b
55.9%PE28.7xMaterials
8411 Mizuho Financial GroupJP¥8.31k2.8%
+JP¥557.2b
103.5%PB1.8xFinancials
8316 Sumitomo Mitsui Financial GroupJP¥6.81k2.1%
+JP¥539.5b
86.7%PB1.4xFinancials
See more

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