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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedDec 27, 2024
DataAggregated Company Financials
Companies3991
  • 7D1.9%
  • 3M0.5%
  • 1Y15.0%
  • YTD14.1%

The market has been flat over the last week. As for the longer term, the market has risen 14% in the past 12 months. As for the next few years, earnings are expected to grow by 7.9% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Thu, 15 Jun 2023JP¥836.9tJP¥959.2tJP¥51.1t13.8x16.4x0.9x
Sat, 13 May 2023JP¥769.4tJP¥946.2tJP¥47.1t13.5x16.3x0.8x
Mon, 10 Apr 2023JP¥723.3tJP¥934.4tJP¥46.6t12.7x15.5x0.8x
Wed, 08 Mar 2023JP¥748.3tJP¥933.7tJP¥46.7t13x16x0.8x
Fri, 03 Feb 2023JP¥723.9tJP¥909.5tJP¥48.6t12.5x14.9x0.8x
Sun, 01 Jan 2023JP¥701.8tJP¥903.1tJP¥49.1t12.2x14.3x0.8x
Tue, 29 Nov 2022JP¥743.2tJP¥902.8tJP¥49.1t12.8x15.1x0.8x
Thu, 27 Oct 2022JP¥714.9tJP¥865.2tJP¥45.7t12.4x15.6x0.8x
Sat, 24 Sep 2022JP¥713.9tJP¥863.4tJP¥45.6t12.4x15.6x0.8x
Mon, 22 Aug 2022JP¥743.6tJP¥864.3tJP¥45.6t12.7x16.3x0.9x
Wed, 20 Jul 2022JP¥706.2tJP¥835.6tJP¥48.2t12.5x14.7x0.8x
Fri, 17 Jun 2022JP¥693.7tJP¥838.9tJP¥49.5t12.3x14x0.8x
Sun, 15 May 2022JP¥693.7tJP¥831.4tJP¥49.6t12.1x14x0.8x
Tue, 12 Apr 2022JP¥707.4tJP¥818.8tJP¥51.0t12.2x13.9x0.9x
Thu, 10 Mar 2022JP¥660.6tJP¥821.4tJP¥51.1t11.6x12.9x0.8x
Sat, 05 Feb 2022JP¥723.5tJP¥815.8tJP¥50.5t12.5x14.3x0.9x
Mon, 03 Jan 2022JP¥751.0tJP¥800.2tJP¥48.4t13.3x15.5x0.9x
Price to Earnings Ratio

15.5x


Total Market Cap: JP¥751.0tTotal Earnings: JP¥48.4tTotal Revenue: JP¥800.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 15.6x20232024
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 8.5% per year over the last three years.
  • Revenues for these companies have grown 8.1% 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 Market1.87%
Consumer Discretionary5.52%
Energy3.90%
Utilities3.49%
Real Estate3.47%
Materials2.06%
Industrials1.93%
Tech0.78%
Healthcare0.65%
Financials0.27%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Consumer Staples-0.38%
Telecom-0.44%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading close to its 3-year average PE ratio of 29.1x.
    • 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¥3.14k15.3%
+JP¥5.5t
22.9%PE9.7xConsumer Discretionary
7267 Honda MotorJP¥1.50k23.0%
+JP¥1.3t
3.4%PE7.1xConsumer Discretionary
6758 Sony GroupJP¥3.35k2.8%
+JP¥541.6b
25.2%PE17.9xConsumer Discretionary
6098 Recruit HoldingsJP¥11.24k3.3%
+JP¥526.0b
87.0%PE45.9xIndustrials
6201 Toyota IndustriesJP¥12.71k12.6%
+JP¥434.8b
12.1%PE16.4xIndustrials
See more
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7203

JP¥3,142.00

Toyota Motor

7D

15.3%

1Y

22.9%

7267

JP¥1,500.00

Honda Motor

7D

23.0%

1Y

3.4%

6098

JP¥11,240.00

Recruit Holdings

7D

3.3%

1Y

87.0%

9468

JP¥3,150.00

Kadokawa

7D

-28.2%

1Y

11.0%

4755

JP¥851.30

Rakuten Group

7D

-7.2%

1Y

45.8%

6201

JP¥12,710.00

Toyota Industries

7D

12.6%

1Y

12.1%