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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedFeb 04, 2026
DataAggregated Company Financials
Companies3932
  • 7D2.1%
  • 3M11.2%
  • 1Y32.5%
  • YTD4.8%

Over the last 7 days, the market has risen 2.1%, driven by gains in every sector, especially the Industrials sector. The market is up 33% over the last 12 months. Earnings are forecast to grow by 9.0% annually.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 04 Feb 2026JP¥1235.2tJP¥1030.5tJP¥65.5t14.9x18.9x1.2x
Fri, 02 Jan 2026JP¥1156.4tJP¥1029.2tJP¥64.3t14.5x18x1.1x
Sun, 30 Nov 2025JP¥1146.9tJP¥1031.5tJP¥64.5t14.2x17.8x1.1x
Tue, 28 Oct 2025JP¥1136.5tJP¥1025.7tJP¥59.8t14.8x19x1.1x
Thu, 25 Sep 2025JP¥1091.2tJP¥1026.6tJP¥59.8t14.8x18.2x1.1x
Sat, 23 Aug 2025JP¥1069.2tJP¥1026.5tJP¥59.8t14.5x17.9x1x
Mon, 21 Jul 2025JP¥977.6tJP¥1021.1tJP¥62.0t13.5x15.8x1x
Wed, 18 Jun 2025JP¥969.4tJP¥1033.8tJP¥63.7t13.2x15.2x0.9x
Fri, 16 May 2025JP¥954.7tJP¥1027.2tJP¥63.6t13.1x15x0.9x
Sun, 13 Apr 2025JP¥865.2tJP¥1021.6tJP¥64.3t12.2x13.5x0.8x
Tue, 11 Mar 2025JP¥939.9tJP¥1019.9tJP¥64.3t13.1x14.6x0.9x
Thu, 06 Feb 2025JP¥955.3tJP¥1012.7tJP¥63.2t13.4x15.1x0.9x
Sat, 04 Jan 2025JP¥971.2tJP¥1010.9tJP¥61.7t13.7x15.7x1x
Mon, 02 Dec 2024JP¥936.3tJP¥1008.8tJP¥61.8t13.4x15.1x0.9x
Wed, 30 Oct 2024JP¥942.5tJP¥1001.9tJP¥60.1t13.3x15.7x0.9x
Fri, 27 Sep 2024JP¥957.9tJP¥1000.0tJP¥60.1t13.7x15.9x1x
Sun, 25 Aug 2024JP¥946.4tJP¥999.4tJP¥59.9t13.4x15.8x0.9x
Tue, 23 Jul 2024JP¥992.2tJP¥987.7tJP¥58.6t14.4x16.9x1x
Thu, 20 Jun 2024JP¥961.6tJP¥989.0tJP¥58.6t14.2x16.4x1x
Sat, 18 May 2024JP¥969.5tJP¥985.1tJP¥58.2t14.1x16.7x1x
Mon, 15 Apr 2024JP¥978.6tJP¥974.7tJP¥56.9t14.7x17.2x1x
Wed, 13 Mar 2024JP¥949.4tJP¥975.9tJP¥56.9t14.4x16.7x1x
Fri, 09 Feb 2024JP¥917.8tJP¥971.7tJP¥54.3t14.6x16.9x0.9x
Sun, 07 Jan 2024JP¥863.1tJP¥971.1tJP¥52.4t14.3x16.5x0.9x
Tue, 05 Dec 2023JP¥857.8tJP¥977.5tJP¥53.1t14.2x16.1x0.9x
Thu, 02 Nov 2023JP¥840.4tJP¥972.3tJP¥55.9t13.8x15x0.9x
Sat, 30 Sep 2023JP¥846.6tJP¥971.6tJP¥55.3t14.3x15.3x0.9x
Mon, 28 Aug 2023JP¥827.5tJP¥971.1tJP¥55.2t13.9x15x0.9x
Wed, 26 Jul 2023JP¥834.7tJP¥958.0tJP¥50.6t14.1x16.5x0.9x
Fri, 23 Jun 2023JP¥838.6tJP¥959.3tJP¥51.1t14x16.4x0.9x
Sun, 21 May 2023JP¥791.6tJP¥958.9tJP¥50.9t13.5x15.5x0.8x
Tue, 18 Apr 2023JP¥745.4tJP¥935.1tJP¥46.6t13x16x0.8x
Thu, 16 Mar 2023JP¥721.8tJP¥933.7tJP¥46.7t12.7x15.5x0.8x
Sat, 11 Feb 2023JP¥731.5tJP¥922.5tJP¥47.0t12.7x15.5x0.8x
Price to Earnings Ratio

15.5x


Total Market Cap: JP¥731.5tTotal Earnings: JP¥47.0tTotal Revenue: JP¥922.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 16.2x202420252026
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 18.9x which is higher than its 3-year average PE of 16.2x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 12% per year over the last three years.
  • Revenues for these companies have grown 3.8% 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 Market2.15%
Energy4.58%
Financials3.99%
Industrials3.00%
Utilities2.60%
Real Estate2.07%
Consumer Discretionary1.82%
Healthcare1.76%
Telecom0.98%
Tech0.97%
Consumer Staples0.93%
Materials0.30%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 24.5x.
    • Analysts expect its future annual earnings growth (15.2%) 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 7.8% 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
7203 Toyota MotorJP¥3.73k11.4%
+JP¥5.0t		25.9%PE10.5xConsumer Discretionary
8306 Mitsubishi UFJ Financial GroupJP¥2.94k6.9%
+JP¥2.1t		52.3%PB1.6xFinancials
6301 KomatsuJP¥7.35k30.1%
+JP¥1.5t		60.9%PE16.6xIndustrials
8411 Mizuho Financial GroupJP¥7.24k9.4%
+JP¥1.5t		71.5%PB1.6xFinancials
7182 JAPAN POST BANKJP¥2.85k12.6%
+JP¥1.1t		79.2%PB1.1xFinancials
See more

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