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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies3945
  • 7D1.7%
  • 3M7.8%
  • 1Y23.0%
  • YTD21.5%

The market has climbed 1.7% over the last week, with theFinancials and Information Technology sectors leading the way. The market is up 23% over the last 12 months. 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
Sun, 16 Nov 2025JP¥1153.0tJP¥1031.6tJP¥64.2t14.3x18x1.1x
Tue, 14 Oct 2025JP¥1092.0tJP¥1023.8tJP¥59.8t14.4x18.3x1.1x
Thu, 11 Sep 2025JP¥1081.1tJP¥1026.4tJP¥59.8t14.7x18.1x1.1x
Sat, 09 Aug 2025JP¥1039.0tJP¥1022.1tJP¥60.2t14.3x17.3x1x
Mon, 07 Jul 2025JP¥974.5tJP¥1027.1tJP¥62.7t13.3x15.5x0.9x
Wed, 04 Jun 2025JP¥964.6tJP¥1034.8tJP¥63.7t13.1x15.1x0.9x
Fri, 02 May 2025JP¥935.6tJP¥1023.3tJP¥64.6t12.9x14.5x0.9x
Sun, 30 Mar 2025JP¥958.0tJP¥1020.9tJP¥64.4t13.3x14.9x0.9x
Tue, 25 Feb 2025JP¥953.7tJP¥1020.2tJP¥64.4t13.1x14.8x0.9x
Thu, 23 Jan 2025JP¥952.7tJP¥1010.1tJP¥61.9t13.5x15.4x0.9x
Sat, 21 Dec 2024JP¥943.4tJP¥1010.8tJP¥61.8t13.4x15.3x0.9x
Mon, 18 Nov 2024JP¥945.6tJP¥1006.8tJP¥61.0t13.4x15.5x0.9x
Wed, 16 Oct 2024JP¥956.0tJP¥999.2tJP¥60.1t13.6x15.9x1x
Fri, 13 Sep 2024JP¥915.5tJP¥1000.0tJP¥60.1t13.2x15.2x0.9x
Sun, 11 Aug 2024JP¥875.8tJP¥995.8tJP¥59.4t12.7x14.7x0.9x
Tue, 09 Jul 2024JP¥1003.4tJP¥986.1tJP¥58.3t14.4x17.2x1x
Thu, 06 Jun 2024JP¥966.9tJP¥989.6tJP¥58.6t14.1x16.5x1x
Sat, 04 May 2024JP¥965.4tJP¥974.7tJP¥56.4t14.4x17.1x1x
Mon, 01 Apr 2024JP¥987.0tJP¥975.9tJP¥56.9t14.9x17.4x1x
Wed, 28 Feb 2024JP¥957.7tJP¥975.7tJP¥56.9t14.4x16.8x1x
Fri, 26 Jan 2024JP¥909.5tJP¥971.4tJP¥52.5t14.8x17.3x0.9x
Sun, 24 Dec 2023JP¥844.7tJP¥971.2tJP¥52.5t13.9x16.1x0.9x
Tue, 21 Nov 2023JP¥859.0tJP¥977.0tJP¥52.9t13.9x16.2x0.9x
Thu, 19 Oct 2023JP¥833.6tJP¥971.7tJP¥55.2t13.9x15.1x0.9x
Sat, 16 Sep 2023JP¥873.9tJP¥971.2tJP¥55.2t14.4x15.8x0.9x
Mon, 14 Aug 2023JP¥839.5tJP¥970.5tJP¥55.1t14x15.2x0.9x
Wed, 12 Jul 2023JP¥817.5tJP¥957.2tJP¥50.6t13.9x16.2x0.9x
Fri, 09 Jun 2023JP¥800.9tJP¥959.1tJP¥51.1t13.5x15.7x0.8x
Sun, 07 May 2023JP¥762.5tJP¥941.9tJP¥47.9t13.4x15.9x0.8x
Tue, 04 Apr 2023JP¥742.1tJP¥933.9tJP¥46.6t13x15.9x0.8x
Thu, 02 Mar 2023JP¥735.2tJP¥933.6tJP¥46.7t12.8x15.7x0.8x
Sat, 28 Jan 2023JP¥730.6tJP¥903.9tJP¥49.1t12.5x14.9x0.8x
Mon, 26 Dec 2022JP¥703.0tJP¥903.1tJP¥49.1t12.1x14.3x0.8x
Wed, 23 Nov 2022JP¥739.5tJP¥902.7tJP¥49.1t12.7x15.1x0.8x
Price to Earnings Ratio

15.1x


Total Market Cap: JP¥739.5tTotal Earnings: JP¥49.1tTotal Revenue: JP¥902.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 15.9x202320242025
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 18.0x which is higher than its 3-year average PE of 15.9x.
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 Market1.71%
Energy9.78%
Utilities4.57%
Financials4.00%
Healthcare3.88%
Consumer Staples2.98%
Consumer Discretionary2.70%
Materials2.61%
Real Estate2.55%
Industrials0.84%
Tech-0.25%
Telecom-2.25%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 23.6x.
    • Analysts expect its future annual earnings growth (13.3%) 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 3.7% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 4.8% 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
6758 Sony GroupJP¥4.70k10.4%
+JP¥2.6t
62.7%PE23.2xConsumer Discretionary
8306 Mitsubishi UFJ Financial GroupJP¥2.45k5.9%
+JP¥1.6t
34.4%PB1.3xFinancials
4519 Chugai PharmaceuticalJP¥8.11k8.6%
+JP¥1.1t
13.6%PE33.6xHealthcare
7203 Toyota MotorJP¥3.18k2.0%
+JP¥808.1b
17.6%PE8.9xConsumer Discretionary
6701 NECJP¥5.98k9.1%
+JP¥662.6b
134.9%PE34xTech
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