Header cover image

Japanese (NIKKEI) Market Analysis & Valuation

UpdatedJun 25, 2024
DataAggregated Company Financials
Companies3979
  • 7D1.5%
  • 3M-2.2%
  • 1Y18.8%
  • YTD13.3%

Over the last 7 days, the market has risen 1.5%, driven by gains of 2.2% in the Consumer Discretionary sector. In the last year, the market has climbed 19%. Looking forward, 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
Tue, 25 Jun 2024JP¥966.8tJP¥989.0tJP¥58.6t14.3x16.5x1x
Thu, 23 May 2024JP¥965.3tJP¥988.8tJP¥58.5t14x16.5x1x
Sat, 20 Apr 2024JP¥950.0tJP¥975.0tJP¥57.0t14.4x16.7x1x
Mon, 18 Mar 2024JP¥953.0tJP¥975.9tJP¥56.9t14.5x16.7x1x
Wed, 14 Feb 2024JP¥934.7tJP¥974.2tJP¥56.6t14.5x16.5x1x
Fri, 12 Jan 2024JP¥881.9tJP¥971.1tJP¥52.4t14.5x16.8x0.9x
Sun, 10 Dec 2023JP¥842.6tJP¥974.3tJP¥52.5t13.9x16x0.9x
Tue, 07 Nov 2023JP¥856.8tJP¥972.9tJP¥56.8t14x15.1x0.9x
Thu, 05 Oct 2023JP¥842.2tJP¥971.2tJP¥55.2t13.6x15.3x0.9x
Sat, 02 Sep 2023JP¥855.9tJP¥971.1tJP¥55.2t14.3x15.5x0.9x
Mon, 31 Jul 2023JP¥836.6tJP¥961.3tJP¥51.5t14.1x16.2x0.9x
Wed, 28 Jun 2023JP¥823.1tJP¥957.2tJP¥51.1t13.8x16.1x0.9x
Fri, 26 May 2023JP¥787.8tJP¥958.8tJP¥51.0t13.5x15.4x0.8x
Sun, 23 Apr 2023JP¥748.2tJP¥935.1tJP¥46.6t13x16x0.8x
Tue, 21 Mar 2023JP¥692.1tJP¥922.5tJP¥46.1t12.4x15x0.8x
Thu, 16 Feb 2023JP¥731.9tJP¥932.4tJP¥46.7t12.6x15.7x0.8x
Sat, 14 Jan 2023JP¥702.0tJP¥901.8tJP¥49.1t12.1x14.3x0.8x
Mon, 12 Dec 2022JP¥727.1tJP¥902.9tJP¥49.1t12.5x14.8x0.8x
Wed, 09 Nov 2022JP¥717.9tJP¥884.8tJP¥46.0t12.4x15.6x0.8x
Fri, 07 Oct 2022JP¥716.6tJP¥863.7tJP¥45.6t12.4x15.7x0.8x
Sun, 04 Sep 2022JP¥719.3tJP¥862.7tJP¥45.5t12.6x15.8x0.8x
Tue, 02 Aug 2022JP¥729.9tJP¥842.7tJP¥48.3t12.9x15.1x0.9x
Thu, 30 Jun 2022JP¥706.0tJP¥839.1tJP¥49.5t12.5x14.3x0.8x
Sat, 28 May 2022JP¥697.9tJP¥835.9tJP¥49.3t12.2x14.1x0.8x
Mon, 25 Apr 2022JP¥712.0tJP¥819.3tJP¥51.1t12.3x13.9x0.9x
Wed, 23 Mar 2022JP¥722.7tJP¥821.5tJP¥51.1t12.5x14.2x0.9x
Fri, 18 Feb 2022JP¥721.6tJP¥821.8tJP¥50.9t12.4x14.2x0.9x
Sun, 16 Jan 2022JP¥741.5tJP¥804.7tJP¥48.5t12.9x15.3x0.9x
Tue, 14 Dec 2021JP¥746.9tJP¥799.9tJP¥48.4t13.2x15.4x0.9x
Thu, 11 Nov 2021JP¥762.6tJP¥800.4tJP¥47.3t13.7x16.1x1x
Sat, 09 Oct 2021JP¥744.8tJP¥787.1tJP¥44.7t14.3x16.7x0.9x
Mon, 06 Sep 2021JP¥773.3tJP¥788.3tJP¥44.7t15x17.3x1x
Wed, 04 Aug 2021JP¥729.6tJP¥788.7tJP¥44.6t14.5x16.3x0.9x
Price to Earnings Ratio

16.6x


Total Market Cap: JP¥740.1tTotal Earnings: JP¥44.6tTotal Revenue: JP¥788.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 17.4x202220232024
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 17.4x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 9.5% per year over the last three years.
  • Revenues for these companies have grown 7.8% 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 Market1.54%
Financials2.60%
Consumer Discretionary2.21%
Tech2.03%
Healthcare1.99%
Materials1.62%
Telecom1.29%
Industrials1.02%
Energy0.79%
Real Estate0.51%
Consumer Staples-0.17%
Utilities-2.08%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 28.3x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 13.5%, which is higher than its past year's earnings growth of 8.0% 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 14% over the next 5 years.
  • This is better than its past earnings growth rate of 6.2% per year.
  • In contrast, the Utilities sector is expected to see its earnings decline by 7.2% 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¥3.30k8.0%
+JP¥3.3t		47.3%PE9xConsumer Discretionary
8306 Mitsubishi UFJ Financial GroupJP¥1.64k6.3%
+JP¥1.1t		61.2%PB1xFinancials
4519 Chugai PharmaceuticalJP¥5.64k11.6%
+JP¥967.4b		35.3%PE28.4xHealthcare
8766 Tokio Marine HoldingsJP¥5.78k8.8%
+JP¥917.7b		75.9%PE16.3xFinancials
6501 HitachiJP¥17.53k5.2%
+JP¥800.9b		101.1%PE27.5xIndustrials
See more
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

Header cover image

Opportunities And Risks In The Small Cap Universe

Richard Bowman avatar
Richard Bowman
|
|

5 comments

Over the past few weeks we had a look at the healthcare sector which has underperformed over the last two years. Another underperforming group of stocks...

Continue reading

Finding Healthy Companies Within Healthcare
Last Week

Finding Healthy Companies Within Healthcare

Latest News

8035

JP¥34,400.00

Tokyo Electron

7D

-1.7%

1Y

74.5%

4911

JP¥4,740.00

Shiseido Company

7D

-3.6%

1Y

-27.5%

6723

JP¥2,978.00

Renesas Electronics

7D

-4.9%

1Y

17.6%

4519

JP¥5,637.00

Chugai Pharmaceutical

7D

11.6%

1Y

35.3%

6920

JP¥35,260.00

Lasertec

7D

-2.3%

1Y

71.2%

6501

JP¥17,525.00

Hitachi

7D

5.2%

1Y

101.1%

7203

JP¥3,296.00

Toyota Motor

7D

8.0%

1Y

47.3%

6861

JP¥70,570.00

Keyence

7D

4.2%

1Y

5.4%

8766

JP¥5,780.00

Tokio Marine Holdings

7D

8.8%

1Y

75.9%

6758

JP¥13,170.00

Sony Group

7D

4.2%

1Y

2.7%

Slowing Rates Of Return At Sony Group (TSE:6758) Leave Little Room For Excitement

Jun 17
Slowing Rates Of Return At Sony Group (TSE:6758) Leave Little Room For Excitement

9984

JP¥9,938.00

SoftBank Group

7D

-1.8%

1Y

52.5%

What You Can Learn From SoftBank Group Corp.'s (TSE:9984) P/S

Jun 14
What You Can Learn From SoftBank Group Corp.'s (TSE:9984) P/S

8411

JP¥3,265.00

Mizuho Financial Group

7D

7.4%

1Y

52.4%

6525

JP¥4,560.00

Kokusai Electric

7D

-8.8%

1Y

n/a

6146

JP¥59,700.00

Disco

7D

-6.1%

1Y

178.1%

Disco Corporation's (TSE:6146) 34% Share Price Surge Not Quite Adding Up

May 23
Disco Corporation's (TSE:6146) 34% Share Price Surge Not Quite Adding Up

8306

JP¥1,641.50

Mitsubishi UFJ Financial Group

7D

6.3%

1Y

61.2%

7733

JP¥2,579.00

Olympus

7D

-2.2%

1Y

15.3%