Narrative Update • Jun 28

In the last week, the market has stayed flat, however the Real Estate sector stood out, gaining 3.4%. Meanwhile, the market is actually up 42% over the past year. As for the next few years, earnings are expected to grow by 9.9% per annum.
Has the Japanese Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 01 Jul 2026 | JP¥1352.1t | JP¥1054.6t | JP¥70.9t | 13.8x | 19.1x | 1.3x |
| Fri, 29 May 2026 | JP¥1324.4t | JP¥1057.6t | JP¥71.4t | 13.7x | 18.5x | 1.3x |
| Sun, 26 Apr 2026 | JP¥1258.2t | JP¥1038.9t | JP¥65.6t | 14.3x | 19.2x | 1.2x |
| Tue, 24 Mar 2026 | JP¥1179.1t | JP¥1039.5t | JP¥65.6t | 14.1x | 18x | 1.1x |
| Thu, 19 Feb 2026 | JP¥1290.6t | JP¥1040.6t | JP¥65.7t | 15.3x | 19.6x | 1.2x |
| Sat, 17 Jan 2026 | JP¥1235.1t | JP¥1027.4t | JP¥64.4t | 15.1x | 19.2x | 1.2x |
| Mon, 15 Dec 2025 | JP¥1157.7t | JP¥1029.9t | JP¥64.2t | 14.2x | 18x | 1.1x |
| Wed, 12 Nov 2025 | JP¥1135.0t | JP¥1030.7t | JP¥62.3t | 14.3x | 18.2x | 1.1x |
| Fri, 10 Oct 2025 | JP¥1110.5t | JP¥1023.7t | JP¥59.7t | 14.7x | 18.6x | 1.1x |
| Sun, 07 Sep 2025 | JP¥1069.9t | JP¥1026.4t | JP¥59.8t | 14.7x | 17.9x | 1x |
| Tue, 05 Aug 2025 | JP¥1005.3t | JP¥1022.3t | JP¥60.6t | 14x | 16.6x | 1x |
| Thu, 03 Jul 2025 | JP¥974.3t | JP¥1026.9t | JP¥62.8t | 13.3x | 15.5x | 0.9x |
| Sat, 31 May 2025 | JP¥974.7t | JP¥1033.5t | JP¥63.7t | 13.1x | 15.3x | 0.9x |
| Mon, 28 Apr 2025 | JP¥918.2t | JP¥1021.6t | JP¥64.4t | 12.8x | 14.3x | 0.9x |
| Wed, 26 Mar 2025 | JP¥971.6t | JP¥1019.4t | JP¥64.3t | 13.5x | 15.1x | 1x |
| Fri, 21 Feb 2025 | JP¥952.6t | JP¥1020.2t | JP¥64.4t | 13.1x | 14.8x | 0.9x |
| Sun, 19 Jan 2025 | JP¥933.5t | JP¥1010.1t | JP¥61.9t | 13.3x | 15.1x | 0.9x |
| Tue, 17 Dec 2024 | JP¥954.0t | JP¥1005.1t | JP¥61.6t | 13.6x | 15.5x | 0.9x |
| Thu, 14 Nov 2024 | JP¥945.6t | JP¥1005.7t | JP¥60.7t | 13.4x | 15.6x | 0.9x |
| Sat, 12 Oct 2024 | JP¥951.3t | JP¥999.0t | JP¥60.1t | 13.5x | 15.8x | 1x |
| Mon, 09 Sep 2024 | JP¥916.5t | JP¥1000.0t | JP¥60.1t | 13.3x | 15.2x | 0.9x |
| Wed, 07 Aug 2024 | JP¥860.6t | JP¥992.1t | JP¥58.6t | 12.4x | 14.7x | 0.9x |
| Fri, 05 Jul 2024 | JP¥1013.3t | JP¥986.0t | JP¥58.3t | 14.6x | 17.4x | 1x |
| Sun, 02 Jun 2024 | JP¥974.9t | JP¥989.4t | JP¥58.6t | 14.1x | 16.6x | 1x |
| Tue, 30 Apr 2024 | JP¥952.8t | JP¥975.4t | JP¥57.3t | 14.4x | 16.6x | 1x |
| Thu, 28 Mar 2024 | JP¥997.7t | JP¥976.5t | JP¥56.9t | 15x | 17.5x | 1x |
| Sat, 24 Feb 2024 | JP¥950.8t | JP¥975.6t | JP¥56.6t | 14.3x | 16.8x | 1x |
| Mon, 22 Jan 2024 | JP¥901.3t | JP¥971.4t | JP¥52.5t | 14.5x | 17.2x | 0.9x |
| Wed, 20 Dec 2023 | JP¥844.4t | JP¥971.1t | JP¥52.5t | 14x | 16.1x | 0.9x |
| Fri, 17 Nov 2023 | JP¥861.1t | JP¥976.6t | JP¥52.4t | 13.8x | 16.4x | 0.9x |
| Sun, 15 Oct 2023 | JP¥839.6t | JP¥971.4t | JP¥55.2t | 13.9x | 15.2x | 0.9x |
| Tue, 12 Sep 2023 | JP¥858.5t | JP¥971.2t | JP¥55.2t | 14.3x | 15.6x | 0.9x |
| Thu, 10 Aug 2023 | JP¥832.3t | JP¥966.8t | JP¥55.2t | 13.9x | 15.1x | 0.9x |
| Sat, 08 Jul 2023 | JP¥823.4t | JP¥957.1t | JP¥50.6t | 13.9x | 16.3x | 0.9x |
16.3x
Which sectors have driven the changes within the Japanese Market?
| JP Market | 0.14% | |
| Real Estate | 3.38% | |
| Consumer Staples | 2.94% | |
| Consumer Discretionary | 1.77% | |
| Healthcare | 1.72% | |
| Tech | 1.56% | |
| Utilities | 1.15% | |
| Industrials | -1.15% | |
| Financials | -1.37% | |
| Materials | -1.70% | |
| Telecom | -2.24% | |
| Energy | -3.81% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| 8035 Tokyo Electron | JP¥77.15k | 5.7% +JP¥1.9t | 185.0% | PE61.1x | Tech | |
| 6861 Keyence | JP¥81.06k | 7.1% +JP¥1.3t | 43.1% | PE44.2x | Tech | |
| 6758 Sony Group | JP¥3.28k | 3.8% +JP¥714.9b | -9.9% | PE18.8x | Consumer Discretionary | |
| 6981 Murata Manufacturing | JP¥11.40k | 3.5% +JP¥709.9b | 438.3% | PE88.7x | Tech | |
| 6857 Advantest | JP¥32.34k | 2.9% +JP¥653.7b | 200.4% | PE62.4x | Tech |