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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedOct 16, 2025
DataAggregated Company Financials
Companies3947
  • 7D-1.4%
  • 3M11.5%
  • 1Y17.4%
  • YTD15.4%

Over the past 7 days, the market has dropped 1.4% with the Financials sector contributing the most to the decline. As for the longer term, the market has actually risen by 17% in the last year. As for the next few years, earnings are expected to grow by 8.1% per annum.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 17 Oct 2025JP¥1087.8tJP¥1024.2tJP¥59.8t14.5x18.2x1.1x
Sun, 14 Sep 2025JP¥1088.4tJP¥1026.5tJP¥59.8t14.7x18.2x1.1x
Tue, 12 Aug 2025JP¥1038.5tJP¥1022.0tJP¥59.9t14.2x17.3x1x
Thu, 10 Jul 2025JP¥975.2tJP¥1022.1tJP¥62.1t13.4x15.7x1x
Sat, 07 Jun 2025JP¥963.9tJP¥1035.0tJP¥63.7t13.1x15.1x0.9x
Mon, 05 May 2025JP¥938.9tJP¥1024.1tJP¥64.6t12.9x14.5x0.9x
Wed, 02 Apr 2025JP¥925.7tJP¥1020.7tJP¥64.4t13x14.4x0.9x
Fri, 28 Feb 2025JP¥953.5tJP¥1020.2tJP¥64.4t13.1x14.8x0.9x
Sun, 26 Jan 2025JP¥957.4tJP¥1010.2tJP¥61.9t13.5x15.5x0.9x
Tue, 24 Dec 2024JP¥951.7tJP¥1010.8tJP¥61.7t13.5x15.4x0.9x
Thu, 21 Nov 2024JP¥941.0tJP¥1007.4tJP¥61.4t13.5x15.3x0.9x
Sat, 19 Oct 2024JP¥943.2tJP¥1001.0tJP¥60.1t13.5x15.7x0.9x
Mon, 16 Sep 2024JP¥908.1tJP¥999.9tJP¥60.1t13.2x15.1x0.9x
Wed, 14 Aug 2024JP¥899.5tJP¥997.5tJP¥59.9t12.9x15x0.9x
Fri, 12 Jul 2024JP¥1025.6tJP¥987.0tJP¥58.5t14.5x17.5x1x
Sun, 09 Jun 2024JP¥968.3tJP¥989.6tJP¥58.6t14.1x16.5x1x
Tue, 07 May 2024JP¥965.5tJP¥974.4tJP¥56.5t14.4x17.1x1x
Thu, 04 Apr 2024JP¥964.0tJP¥975.8tJP¥56.9t14.5x17x1x
Sat, 02 Mar 2024JP¥966.7tJP¥975.7tJP¥56.9t14.5x17x1x
Mon, 29 Jan 2024JP¥898.1tJP¥971.3tJP¥52.4t14.7x17.1x0.9x
Wed, 27 Dec 2023JP¥844.9tJP¥971.2tJP¥52.5t13.9x16.1x0.9x
Fri, 24 Nov 2023JP¥862.8tJP¥977.7tJP¥53.1t14x16.2x0.9x
Sun, 22 Oct 2023JP¥820.7tJP¥971.7tJP¥55.3t13.8x14.9x0.8x
Tue, 19 Sep 2023JP¥881.9tJP¥971.3tJP¥55.2t14.4x16x0.9x
Thu, 17 Aug 2023JP¥824.2tJP¥970.4tJP¥55.1t13.9x15x0.8x
Sat, 15 Jul 2023JP¥818.7tJP¥957.2tJP¥50.6t13.8x16.2x0.9x
Mon, 12 Jun 2023JP¥812.7tJP¥959.1tJP¥51.1t13.6x15.9x0.8x
Wed, 10 May 2023JP¥770.2tJP¥942.0tJP¥47.7t13.5x16.2x0.8x
Fri, 07 Apr 2023JP¥722.1tJP¥934.0tJP¥46.6t12.7x15.5x0.8x
Sun, 05 Mar 2023JP¥742.6tJP¥933.7tJP¥46.7t12.9x15.9x0.8x
Tue, 31 Jan 2023JP¥730.8tJP¥904.2tJP¥49.1t12.5x14.9x0.8x
Thu, 29 Dec 2022JP¥706.8tJP¥903.1tJP¥49.1t12.1x14.4x0.8x
Sat, 26 Nov 2022JP¥747.8tJP¥902.8tJP¥49.1t12.8x15.2x0.8x
Mon, 24 Oct 2022JP¥701.7tJP¥865.1tJP¥45.7t12.3x15.3x0.8x
Price to Earnings Ratio

15.3x


Total Market Cap: JP¥701.7tTotal Earnings: JP¥45.7tTotal Revenue: JP¥865.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 15.8x202320242025
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 18.2x which is higher than its 3-year average PE of 15.8x.
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 5.8% 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 Market-1.40%
Telecom0.70%
Consumer Staples0.32%
Utilities-0.23%
Industrials-1.22%
Consumer Discretionary-1.47%
Tech-1.83%
Real Estate-1.87%
Materials-1.94%
Energy-2.45%
Financials-2.53%
Healthcare-2.79%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 23.3x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 12.6%, which is higher than its past year's earnings growth of 10.4% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 13.3x.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings growth rate of 5.7% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 2.1% 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
9984 SoftBank GroupJP¥23.83k3.8%
+JP¥1.2t		159.0%PE19.6xTelecom
9983 Fast RetailingJP¥52.17k8.0%
+JP¥1.2t		-1.6%PE37xConsumer Discretionary
8267 AeonJP¥2.10k15.2%
+JP¥1.1t		70.4%PE199.7xConsumer Staples
285A Kioxia HoldingsJP¥6.88k10.6%
+JP¥356.1b		n/aPE16.8xTech
8035 Tokyo ElectronJP¥30.25k1.9%
+JP¥252.0b		28.6%PE25.9xTech
See more

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6098
JP¥7,646.00
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7D
-6.1%
1Y
-20.7%
6723
JP¥1,940.50
Renesas Electronics
7D
7.0%
1Y
-8.1%
8035
JP¥30,250.00
Tokyo Electron
7D
1.9%
1Y
28.6%

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4519
JP¥7,040.00
Chugai Pharmaceutical
7D
-4.3%
1Y
-0.03%

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8267
JP¥2,101.50
Aeon
7D
15.2%
1Y
70.4%
9983
JP¥52,170.00
Fast Retailing
7D
8.0%
1Y
-1.6%

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285A
JP¥6,880.00
Kioxia Holdings
7D
10.6%
1Y
n/a
8306
JP¥2,301.00
Mitsubishi UFJ Financial Group
7D
-2.5%
1Y
42.0%

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8031
JP¥3,644.00
Mitsui
7D
-3.9%
1Y
14.1%

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7011
JP¥4,268.00
Mitsubishi Heavy Industries
7D
1.8%
1Y
87.0%

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Analysts have raised their price target for Mitsubishi Heavy Industries from ¥3,913.75 to ¥3,995.00. They cite slight improvements in projected profit margins and a stable outlook on growth and valuation metrics.
9984
JP¥23,830.00
SoftBank Group
7D
3.8%
1Y
159.0%
6758
JP¥4,321.00
Sony Group
7D
-7.0%
1Y
56.2%

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9432
JP¥156.00
NTT
7D
2.0%
1Y
5.4%
7974
JP¥12,150.00
Nintendo
7D
-4.1%
1Y
52.0%

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8766
JP¥6,191.00
Tokio Marine Holdings
7D
-3.2%
1Y
8.8%

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8002
JP¥3,604.00
Marubeni
7D
-6.4%
1Y
49.2%