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Japanese (NIKKEI) Market Analysis & Valuation

UpdatedMay 12, 2025
DataAggregated Company Financials
Companies3964
  • 7D1.7%
  • 3M0.6%
  • 1Y0.6%
  • YTD-0.07%

Over the past 7 days, the market has risen 1.7% with the Information Technology sector contributing the most to the gain. As for last year, the market performance has been flat. Looking forward, earnings are forecast to grow by 7.6% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 12 May 2025JP¥954.9tJP¥1026.7tJP¥64.3t13.1x14.9x0.9x
Wed, 09 Apr 2025JP¥851.2tJP¥1021.0tJP¥64.1t11.9x13.3x0.8x
Fri, 07 Mar 2025JP¥956.1tJP¥1019.7tJP¥64.3t13.1x14.9x0.9x
Sun, 02 Feb 2025JP¥969.5tJP¥1011.9tJP¥63.0t13.5x15.4x1x
Tue, 31 Dec 2024JP¥971.2tJP¥1010.9tJP¥61.7t13.7x15.7x1x
Thu, 28 Nov 2024JP¥930.8tJP¥1008.2tJP¥61.7t13.3x15.1x0.9x
Sat, 26 Oct 2024JP¥919.6tJP¥1001.6tJP¥60.1t13x15.3x0.9x
Mon, 23 Sep 2024JP¥932.2tJP¥1000.0tJP¥60.1t13.4x15.5x0.9x
Wed, 21 Aug 2024JP¥940.8tJP¥999.3tJP¥60.0t13.4x15.7x0.9x
Fri, 19 Jul 2024JP¥1006.1tJP¥987.5tJP¥58.6t14.6x17.2x1x
Sun, 16 Jun 2024JP¥966.9tJP¥988.9tJP¥58.6t14.2x16.5x1x
Tue, 14 May 2024JP¥962.4tJP¥980.4tJP¥57.5t14.4x16.7x1x
Thu, 11 Apr 2024JP¥975.3tJP¥975.9tJP¥56.9t14.8x17.2x1x
Sat, 09 Mar 2024JP¥972.0tJP¥975.9tJP¥56.9t14.6x17.1x1x
Mon, 05 Feb 2024JP¥912.1tJP¥972.2tJP¥53.3t14.7x17.1x0.9x
Wed, 03 Jan 2024JP¥855.2tJP¥971.2tJP¥52.5t14.1x16.3x0.9x
Fri, 01 Dec 2023JP¥862.5tJP¥977.8tJP¥53.1t14.2x16.2x0.9x
Sun, 29 Oct 2023JP¥821.6tJP¥972.1tJP¥55.2t13.7x14.9x0.8x
Tue, 26 Sep 2023JP¥867.3tJP¥971.5tJP¥55.3t14.5x15.7x0.9x
Thu, 24 Aug 2023JP¥831.0tJP¥971.1tJP¥55.2t13.9x15.1x0.9x
Sat, 22 Jul 2023JP¥826.3tJP¥957.7tJP¥50.6t14x16.3x0.9x
Mon, 19 Jun 2023JP¥839.7tJP¥959.3tJP¥51.1t13.9x16.4x0.9x
Wed, 17 May 2023JP¥780.1tJP¥953.1tJP¥49.0t13.4x15.9x0.8x
Fri, 14 Apr 2023JP¥738.6tJP¥934.8tJP¥46.6t12.9x15.8x0.8x
Sun, 12 Mar 2023JP¥746.7tJP¥933.6tJP¥46.7t13x16x0.8x
Tue, 07 Feb 2023JP¥728.9tJP¥915.6tJP¥48.7t12.6x15x0.8x
Thu, 05 Jan 2023JP¥692.9tJP¥903.1tJP¥49.1t12x14.1x0.8x
Sat, 03 Dec 2022JP¥725.2tJP¥902.8tJP¥49.1t12.5x14.8x0.8x
Mon, 31 Oct 2022JP¥708.7tJP¥871.3tJP¥45.7t12.3x15.5x0.8x
Wed, 28 Sep 2022JP¥698.8tJP¥863.4tJP¥45.6t12.2x15.3x0.8x
Fri, 26 Aug 2022JP¥736.9tJP¥864.2tJP¥45.6t12.8x16.2x0.9x
Sun, 24 Jul 2022JP¥729.3tJP¥837.1tJP¥48.2t12.8x15.1x0.9x
Tue, 21 Jun 2022JP¥677.2tJP¥839.2tJP¥49.5t12x13.7x0.8x
Thu, 19 May 2022JP¥699.9tJP¥836.5tJP¥49.5t12.2x14.1x0.8x
Price to Earnings Ratio

14.1x


Total Market Cap: JP¥699.9tTotal Earnings: JP¥49.5tTotal Revenue: JP¥836.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Market Price to Earnings3Y Average 15.6x202320242025
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 15.6x.
Past Earnings Growth
  • The earnings for Japanese listed companies have grown 9.1% per year over the last three years.
  • Revenues for these companies have grown 7.1% 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 Market1.70%
Tech4.84%
Financials3.98%
Industrials2.47%
Consumer Staples1.95%
Energy1.30%
Telecom0.51%
Materials0.45%
Real Estate0.14%
Consumer Discretionary0.12%
Utilities0.12%
Healthcare-2.81%
Sector PE
  • Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 29.5x.
    • Analysts expect its future annual earnings growth (9.9%) 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 Tech sector, expecting annual earnings growth of 13% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • 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
9613 NTT DATA GroupJP¥3.98k34.3%
+JP¥1.4t
70.5%PE39.2xTech
8306 Mitsubishi UFJ Financial GroupJP¥1.84k5.9%
+JP¥1.2t
15.0%PB1xFinancials
8035 Tokyo ElectronJP¥22.90k8.3%
+JP¥806.3b
-33.9%PE19.3xTech
6501 HitachiJP¥3.85k4.8%
+JP¥805.7b
34.6%PE28.6xIndustrials
8316 Sumitomo Mitsui Financial GroupJP¥3.46k5.5%
+JP¥707.0b
14.1%PB0.9xFinancials
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6857

JP¥7,296.00

Advantest

7D

15.1%

1Y

42.3%

4519

JP¥7,313.00

Chugai Pharmaceutical

7D

-15.2%

1Y

47.3%

9613

JP¥3,980.00

NTT DATA Group

7D

34.3%

1Y

70.5%

8306

JP¥1,840.50

Mitsubishi UFJ Financial Group

7D

5.9%

1Y

15.0%

4568

JP¥3,266.00

Daiichi Sankyo Company

7D

-11.8%

1Y

-39.8%