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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedAug 06, 2024
DataAggregated Company Financials
Companies3987
  • 7D-18.6%
  • 3M-18.4%
  • 1Y-3.7%
  • YTD-7.2%

Over the last 7 days, the market has dropped 19%, driven by declines in every sector, especially the Industrials sector. As for last year, the market is also down 3.7%. Looking forward, earnings are forecast to grow by 8.9% 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, 07 Aug 2024JP¥789.6tJP¥991.7tJP¥58.6t11.5x13.5x0.8x
Fri, 05 Jul 2024JP¥1013.3tJP¥986.0tJP¥58.3t14.6x17.4x1x
Sun, 02 Jun 2024JP¥974.9tJP¥989.4tJP¥58.6t14.1x16.6x1x
Tue, 30 Apr 2024JP¥952.8tJP¥975.4tJP¥57.3t14.4x16.6x1x
Thu, 28 Mar 2024JP¥997.7tJP¥976.5tJP¥56.9t15x17.5x1x
Sat, 24 Feb 2024JP¥950.8tJP¥975.6tJP¥56.6t14.3x16.8x1x
Mon, 22 Jan 2024JP¥901.3tJP¥971.4tJP¥52.5t14.5x17.2x0.9x
Wed, 20 Dec 2023JP¥844.4tJP¥971.1tJP¥52.5t14x16.1x0.9x
Fri, 17 Nov 2023JP¥861.1tJP¥976.6tJP¥52.4t13.8x16.4x0.9x
Sun, 15 Oct 2023JP¥839.6tJP¥971.4tJP¥55.2t13.9x15.2x0.9x
Tue, 12 Sep 2023JP¥858.5tJP¥971.2tJP¥55.2t14.3x15.6x0.9x
Thu, 10 Aug 2023JP¥832.3tJP¥966.8tJP¥55.2t13.9x15.1x0.9x
Sat, 08 Jul 2023JP¥823.4tJP¥957.1tJP¥50.6t13.9x16.3x0.9x
Mon, 05 Jun 2023JP¥797.8tJP¥959.1tJP¥51.1t13.4x15.6x0.8x
Wed, 03 May 2023JP¥763.3tJP¥941.1tJP¥47.8t13.4x16x0.8x
Fri, 31 Mar 2023JP¥730.0tJP¥933.8tJP¥46.6t12.8x15.7x0.8x
Sun, 26 Feb 2023JP¥733.2tJP¥934.5tJP¥46.7t12.7x15.7x0.8x
Tue, 24 Jan 2023JP¥717.5tJP¥903.2tJP¥49.0t12.4x14.6x0.8x
Thu, 22 Dec 2022JP¥701.3tJP¥903.1tJP¥49.1t12.1x14.3x0.8x
Sat, 19 Nov 2022JP¥729.6tJP¥900.7tJP¥49.4t12.5x14.8x0.8x
Mon, 17 Oct 2022JP¥707.7tJP¥863.6tJP¥45.7t12.2x15.5x0.8x
Wed, 14 Sep 2022JP¥737.5tJP¥857.4tJP¥45.7t12.8x16.1x0.9x
Fri, 12 Aug 2022JP¥721.1tJP¥859.2tJP¥45.6t12.6x15.8x0.8x
Sun, 10 Jul 2022JP¥703.8tJP¥835.4tJP¥48.1t12.4x14.6x0.8x
Tue, 07 Jun 2022JP¥720.0tJP¥838.3tJP¥49.5t12.6x14.6x0.9x
Thu, 05 May 2022JP¥708.0tJP¥823.6tJP¥52.1t12.3x13.6x0.9x
Sat, 02 Apr 2022JP¥727.6tJP¥819.3tJP¥51.0t12.6x14.3x0.9x
Mon, 28 Feb 2022JP¥703.0tJP¥821.3tJP¥50.8t12.2x13.8x0.9x
Wed, 26 Jan 2022JP¥711.2tJP¥804.9tJP¥48.5t12.4x14.7x0.9x
Fri, 24 Dec 2021JP¥749.9tJP¥800.1tJP¥48.4t13.1x15.5x0.9x
Sun, 21 Nov 2021JP¥774.6tJP¥800.2tJP¥48.5t13.4x16x1x
Tue, 19 Oct 2021JP¥765.8tJP¥787.6tJP¥44.9t14.4x17.1x1x
Thu, 16 Sep 2021JP¥790.5tJP¥788.3tJP¥44.7t15.3x17.7x1x
Sat, 14 Aug 2021JP¥741.6tJP¥788.7tJP¥44.6t14.6x16.6x0.9x
Price to Earnings Ratio

16.6x


Total Market Cap: JP¥741.6tTotal Earnings: JP¥44.6tTotal Revenue: JP¥788.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 17.4x202220232024
Current Market PE
  • Investors are pessimistic on the Japanese market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 13.5x which is lower than its 3-year average PE 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 7.9% 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-18.61%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Consumer Staples-12.30%
Healthcare-12.89%
Real Estate-13.22%
Utilities-13.95%
Telecom-15.82%
Consumer Discretionary-19.34%
Materials-19.66%
Tech-19.70%
Industrials-19.79%
Energy-21.53%
Financials-24.07%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 28.6x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 13.8%, which is higher than its past year's earnings growth of 4.3% 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 Healthcare sector, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings growth rate of 4.3% per year.
  • In contrast, the Utilities 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
6857 AdvantestJP¥6.14k6.3%
+JP¥271.7b		37.5%PE58.9xTech
9843 Nitori HoldingsJP¥18.35k4.8%
+JP¥94.9b		7.8%PE24xConsumer Discretionary
3064 MonotaROJP¥2.23k7.9%
+JP¥81.4b		25.1%PE47.3xIndustrials
8963 Invincible InvestmentJP¥62.90k-5.6%
JP¥74.0b		7.5%PB1.7xReal Estate
4684 OBICLtdJP¥23.10k3.3%
+JP¥65.5b		0.1%PE33.8xTech
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6857

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8963

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12.4%

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8766

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52.7%

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8411

JP¥2,596.50

Mizuho Financial Group

7D

-20.8%

1Y

9.2%

8316

JP¥8,000.00

Sumitomo Mitsui Financial Group

7D

-23.4%

1Y

23.6%

8031

JP¥2,690.00

Mitsui

7D

-23.0%

1Y

-3.7%

3064

JP¥2,232.00

MonotaRO

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7.9%

1Y

25.1%

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4689

JP¥371.80

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1.4%

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Toei AnimationLtd

7D

7.3%

1Y

3.8%

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8306

JP¥1,318.00

Mitsubishi UFJ Financial Group

7D

-21.6%

1Y

16.7%

9984

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SoftBank Group

7D

-22.8%

1Y

2.1%

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4684

JP¥23,100.00

OBICLtd

7D

3.3%

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0.1%

9843

JP¥18,350.00

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7D

4.8%

1Y

7.8%

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