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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedJan 08, 2026
DataAggregated Company Financials
Companies3946
  • 7D2.8%
  • 3M7.5%
  • 1Y26.1%
  • YTD0.9%

The market has climbed 2.8% in the last 7 days, lead by the Industrials sector with a gain of 3.9%. The market is up 26% over the last 12 months. Earnings are forecast to grow by 8.6% annually.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 09 Jan 2026JP¥1188.6tJP¥1029.1tJP¥64.3t14.7x18.5x1.2x
Sun, 07 Dec 2025JP¥1138.8tJP¥1030.1tJP¥64.2t14x17.7x1.1x
Tue, 04 Nov 2025JP¥1137.3tJP¥1028.4tJP¥61.3t14.3x18.6x1.1x
Thu, 02 Oct 2025JP¥1064.0tJP¥1028.3tJP¥59.8t14.4x17.8x1x
Sat, 30 Aug 2025JP¥1061.4tJP¥1026.5tJP¥59.8t14.5x17.7x1x
Mon, 28 Jul 2025JP¥1014.8tJP¥1020.9tJP¥61.6t13.8x16.5x1x
Wed, 25 Jun 2025JP¥962.4tJP¥1029.2tJP¥63.5t13.2x15.1x0.9x
Fri, 23 May 2025JP¥946.8tJP¥1032.2tJP¥63.7t12.8x14.9x0.9x
Sun, 20 Apr 2025JP¥897.8tJP¥1021.5tJP¥64.3t12.6x14x0.9x
Tue, 18 Mar 2025JP¥955.7tJP¥1020.1tJP¥64.4t13.3x14.9x0.9x
Thu, 13 Feb 2025JP¥954.9tJP¥1017.1tJP¥65.0t13.3x14.7x0.9x
Sat, 11 Jan 2025JP¥946.1tJP¥1009.6tJP¥61.9t13.5x15.3x0.9x
Mon, 09 Dec 2024JP¥950.3tJP¥1009.5tJP¥61.7t13.4x15.4x0.9x
Wed, 06 Nov 2024JP¥932.1tJP¥1001.4tJP¥59.3t13.2x15.7x0.9x
Fri, 04 Oct 2024JP¥944.1tJP¥999.9tJP¥60.1t13.5x15.7x0.9x
Sun, 01 Sep 2024JP¥956.4tJP¥999.7tJP¥60.0t13.6x15.9x1x
Tue, 30 Jul 2024JP¥970.0tJP¥987.2tJP¥58.6t14.3x16.6x1x
Thu, 27 Jun 2024JP¥962.7tJP¥988.6tJP¥58.6t14.5x16.4x1x
Sat, 25 May 2024JP¥965.9tJP¥988.0tJP¥58.6t14x16.5x1x
Mon, 22 Apr 2024JP¥932.2tJP¥975.0tJP¥57.0t14.2x16.4x1x
Wed, 20 Mar 2024JP¥981.0tJP¥975.9tJP¥56.9t14.7x17.2x1x
Fri, 16 Feb 2024JP¥927.4tJP¥975.3tJP¥56.8t14.2x16.3x1x
Sun, 14 Jan 2024JP¥897.7tJP¥971.1tJP¥52.5t14.5x17.1x0.9x
Tue, 12 Dec 2023JP¥854.2tJP¥974.3tJP¥52.5t14x16.3x0.9x
Thu, 09 Nov 2023JP¥837.9tJP¥974.1tJP¥56.3t13.8x14.9x0.9x
Sat, 07 Oct 2023JP¥824.4tJP¥971.2tJP¥55.2t13.9x14.9x0.8x
Mon, 04 Sep 2023JP¥855.8tJP¥971.1tJP¥55.2t14.3x15.5x0.9x
Wed, 02 Aug 2023JP¥852.6tJP¥962.2tJP¥51.8t14.2x16.5x0.9x
Fri, 30 Jun 2023JP¥838.0tJP¥957.3tJP¥51.1t14x16.4x0.9x
Sun, 28 May 2023JP¥784.8tJP¥958.8tJP¥51.1t13.4x15.4x0.8x
Tue, 25 Apr 2023JP¥749.3tJP¥935.1tJP¥46.6t13.1x16.1x0.8x
Thu, 23 Mar 2023JP¥703.8tJP¥922.5tJP¥46.2t12.5x15.2x0.8x
Sat, 18 Feb 2023JP¥733.7tJP¥930.9tJP¥46.6t12.7x15.8x0.8x
Mon, 16 Jan 2023JP¥701.9tJP¥902.0tJP¥49.1t12.2x14.3x0.8x
Price to Earnings Ratio

14.3x


Total Market Cap: JP¥701.9tTotal Earnings: JP¥49.1tTotal Revenue: JP¥902.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 16.1x202420252026
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 16.1x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 9.4% per year over the last three years.
  • Revenues for these companies have grown 4.5% 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 Market2.80%
Financials4.50%
Tech4.40%
Materials4.32%
Industrials3.91%
Healthcare2.84%
Real Estate1.87%
Energy1.51%
Telecom1.45%
Consumer Discretionary0.45%
Consumer Staples-0.33%
Utilities-0.81%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 24.2x.
    • Analysts expect its future annual earnings growth (14.3%) 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 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 Materials sector, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings growth rate of 6.9% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 5.2% 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
7011 Mitsubishi Heavy IndustriesJP¥4.26k11.0%
+JP¥1.4t		96.3%PE54.4xIndustrials
285A Kioxia HoldingsJP¥13.00k24.6%
+JP¥1.4t		548.4%PE45.3xTech
8306 Mitsubishi UFJ Financial GroupJP¥2.60k4.5%
+JP¥1.2t		35.8%PB1.4xFinancials
8035 Tokyo ElectronJP¥36.64k6.8%
+JP¥1.1t		35.5%PE31xTech
6501 HitachiJP¥5.09k3.8%
+JP¥840.2b		30.2%PE28.9xIndustrials
See more

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